Texas Commemorative Question

richardshipp · August 23, 2006 4:06AM

I've already decided that a nice one of these will be part of my collection. But as I've narrowed down the choices I wanted to get some advice:

Coin A: 1935 PCGS 67 current pop report shows 141/5

Coin B: 1935 S PCGS 67 current pop report shows 44/1

Coin B cost more than twice as much as Coin A. The coins are at different dealers so I don't know if the huge price difference is due to the dealers or strictly due to the pop report.

Is the Coin B that much rarer in this condition or just not as many sent for grading?

Thanks,
Richard

coinmickey · August 23, 2006 4:37AM

Note that one is a "1935", the other a "1935-S". I don't have a redbook in front of me but Coin B (the 1935-S) may have a lower mintage and be scarcer.

Not a fan of popreports due to the crackout game but the above might be the more obvious explanation.

123cents · August 23, 2006 4:48AM

Actually there were 12 more minted 35-S than 35. As you can see the 35-S in a much rarer coin in that higher grade.

poorguy · August 23, 2006 5:01AM

Very Useful Information about Texas Commemoratives

coinguy1 · August 23, 2006 5:20AM

I am not at all surprised that the 35-S is being quoted at approximately double the price of the 35-P. As already noted, the MS67 PCGS population of the former is is considerably smaller than that of the latter. The NGC population data for the two issues is not quite as dramatic - 232 MS67's for the 1935 vs. 95 for the 1935-S - but still confirms the relative scarcity of the two dates. Additionally, there is a dealer sight-unseen bid for the PCGS MS67 1935-S which is roughly double that of the 1935.

Long story, short (if it's not already too late for that) - buy the one that you like better

jmj3esq · August 23, 2006 5:27AM

buy the one that you like better

richardshipp · August 23, 2006 5:36AM

Here's the one I'm leaning too... Does anyone see anything I should be concerned about? This is a lot of money for me, so I appreciate your opinions. The dealer is someone that everyone in this forum knows, the pics don't show the holder but it is supposed to be a PCGS MS67.

jmj3esq · August 23, 2006 5:41AM

If I were going to spend that kind of money I would choose either a blast white coin or one with a more flatering tone to it. Maybe some color. The dark toning on that coin is not my cup of tea. Just my opinion.

Louis · August 23, 2006 5:46AM

For a 67 I would judge it in hand rather than from pictures. The coin pictured looks really clean, but luster would play a big part in the grade. A 66 would be my choice for a collection that was to be kept for enjoyment.

ziggy29 · August 23, 2006 5:51AM

Part of the discrepancy is the difference in population. I'd bet the popularity of the S mintmark adds to it above and beyond the relative supply as well.

jmj3esq · August 23, 2006 5:51AM

For a 67 I would judge it in hand rather than from pictures. The coin pictured looks really clean, but luster would play a big part in the grade. A 66 would be my choice for a collection that was to be kept for enjoyment.

I strongly agree. The 1936 Texas Commem in my sig line is my favorite coin in my collection. Its a PCGS MS66 that cost me $120.00. Its blast white, real clean and "drips" luster. Its just my opinion but I would rather have this coin than the one pictured in your post.

coinguy1 · August 23, 2006 5:57AM

The Texas commem, even in grades lower than MS67 can readily be found with a flashy, highly attractive appearance and excellent eye-appeal. Frankly, the imaged coin does nothing for me. Hopefully it looks much better in person.

richardshipp · August 23, 2006 6:05AM

jmj3esq - your signature coin is one that kind of got me going on these anyway; plus I was born in Texas. Anytime you want your money back just let me know

The one pictured is one of the cleanest I've seen since looking, the lacking luster I thought might be a lighting thing in the picture??? Maybe I can see if the dealer will take and send another picture... I doubt it but I can ask.

Most of the MS66's that I've seen good pictures of are nice but just don't seem to have the same solid strike as the 67's do, but then again they are a whole lot less money... decisions, decisions, decisions. Plus I've been looking for a decent Bust half and I'm about clueless on them too.

Thanks for everyones advice.

ziggy29 · August 23, 2006 6:11AM

<< <i>I strongly agree. The 1936 Texas Commem in my sig line is my favorite coin in my collection. Its a PCGS MS66 that cost me $120.00. Its blast white, real clean and "drips" luster. Its just my opinion but I would rather have this coin than the one pictured in your post. >>

Plus, I'd prefer a 1936 Texas because it's the actual centennial year. The other dates are all pretenders!

mrcommem · August 23, 2006 6:13AM

mrcommem · August 23, 2006 6:17AM

The coin in question has somewhat dark toning. 1937 Texas commems come in beautiful blast icy white/bluish coloration. Both 37 and 37-D come that way and I would suggest one of those as they look truly outstanding.

Texas Commemorative Question

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