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 Replies: 19 / Views: 4,055 |
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Pillar of the Community
Canada
1442 Posts |
I picked up some gorgeous coins in this sale at fantastic prices, including a MS64 1c 1893 9/9, and a MS64 5c 1871 7/7.  |
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Pillar of the Community
Canada
1751 Posts |
I wonder why the ICCS new flips would be broken, its only a year. I would wonder if the coin had been exchanged with another. I don't buy anything US, if I have a choice with the bad exchange rate. The Americans really have a great opportunity to buy Canadian coins. Probably be another 10 yrs for the exchange rate to be at par. So I stick with buying Canadian. I wonder if its helping or hindering the hobby over all.
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Pillar of the Community
 Canada
5400 Posts |
I too am suspicious about the cracked holders.. With the exception of a handful of Silver dollars over the years, never had that problem. HA claims that ICCS will reholder for free are doubtful. ICCS will do it for the person who ORIGINALLY sent the piece in, other than that there is a full regrade. Maybe some funny stuff going on?
Be interesting to see if the pieces could be matched up. Also to see who the consign or was?
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Pillar of the Community
Canada
5400 Posts |
Another thought....as Roger stated , for a true comparison, you need to keep the exchange rate in mind.
At the Landon sale the settlement rate was 1.25 , HA yesterday easy 1.425 .
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Valued Member
 Canada
495 Posts |
If coins that have a crack in the holder are sent to |ICCS and drop down a grade I presume HA will reimburse the buyer if they choose to make a claim ?
Ive had some ICCS holders from HA that needed a reholder and no problems with them form ICCS. HA reimbursed me for the reholder service.
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Valued Member
Canada
495 Posts |
@purleywasted
Some of the pics on HA site didn't have that lustre glow that we saw with Landon sale for sure but I think it was the lighting used. I have been pleasantly surprised when I revived some coins from HA auctions where the coins in hand were more than I expected from the pics off their site. Still a nice buy for MS66's at those prices especially ex Landons and ICCS.
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Pillar of the Community
Canada
818 Posts |
I had several proxy bids in for the lower priced items but they didn't hold... Quote:
I picked up some gorgeous coins in this sale at fantastic prices, including a MS64 1c 1893 9/9, and a MS64 5c 1871 7/7.
Was that 7/7 unattributed on the holder? There was an 1871 5 cent MS64 that had the double 7 but wasn't mentioned on the holder. I already have that variety and couldn't justify the price. It ended up going for 1000$ which is a steal. |
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Pillar of the Community
Canada
5324 Posts |
Heritage, for a Canadian bidder 18|% fee, almost 40 cent exchange plus hst, just hard to bid except again must have.
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Pillar of the Community
Canada
2187 Posts |
I think people were really excited at the Landon sale and might have brought up the bids a lot. Plenty of 65 and 66 large cents all being sold at once, everyone wants a piece of it. But I think things have cooled down since, and the prices as well. At some TCNc auctions I've seen a few Landon sale coins. They sold for a bit more than the HA (probably equivalent if you take into account premiums and exchange rate), but they were generally lower than Landon.
Just my opinion
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Pillar of the Community
Canada
1505 Posts |
Quote:
@purleywasted
Some of the pics on HA site didn't have that lustre glow that we saw with Landon sale for sure but I think it was the lighting used. I have been pleasantly surprised when I revived some coins from HA auctions where the coins in hand were more than I expected from the pics off their site. Still a nice buy for MS66's at those prices especially ex Landons and ICCS. I am wondering if that is a cause for some of the low prices, I didn't keep track, but a lot of the Canadian lots seemed to go to internet bidders. If all you can see was these photo's, it is possible that people were not willing to pay a premium for a coin that ICCS calls "Red" and has a broken flip. They definitely did not look like beautiful glowing red/orange examples of the landon auction. |
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Pillar of the Community
Canada
1505 Posts |
Quote:
Another thought....as Roger stated , for a true comparison, you need to keep the exchange rate in mind.
At the Landon sale the settlement rate was 1.25 , HA yesterday easy 1.425 . True enough, all prices are set to CAD, using a 1.25 exchange rate would mean the 1887 - MS66 would be closer to $1000 at the heritage auction. Edited by purelywasted
01/13/2016 11:40 am
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Pillar of the Community
Taiwan
606 Posts |
Cracked holders from ICCS after being certified within the past year? If the
majority of coins were purchased by individuals who did not view the coins in
person that says a lot. There are coin dealers,collectors,and coin scouts at
these large auctions. If the coins sold for large discounted prices there is
usually a good reason.
Why sell ICCS graded Large Cents in a U.S. auction. If you could cross these
at the equivalent grade and designation (Red) at PCGS,then you would have
something.
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Pillar of the Community
Canada
5324 Posts |
Most likely these are from a US dealer who bought them and tried to cross graded with PCGS or NGC and they what ever reasons failed and they are just moving on, if they didn't pay HST and in a year benefitted from another 15$ or so in exchange alone they didn't lose that much.
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Valued Member
Canada
495 Posts |
without seeing the holders to determine how big the crack is .eg larger enough to insert a replicate we really don't know if this is as serious as it appears to be, I have a few with small cracks and last year sent a few back to ICCS to reholder.
As for ICCS and PCGS cross grades on copper I wouldn't take a chance on it again Ive tried it in the past and man they sure are all over the map when it comes what I and others think is a red and brown cent ....I just done get it.
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Valued Member
Canada
495 Posts |
I just got a brochure in the mail from TCNC and interesting to note that in it are some nice cents for sale. There is a 1887 and a 1901 MS66 selling for a lot more than was purchased from HA auction site not sure how they price coins tho but 66 is nothing to sneeze at.
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Replies: 19 / Views: 4,055 |
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Posted 01/13/2016 02:10 am
