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 Replies: 21 / Views: 1,660 |
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Pillar of the Community
United States
5832 Posts |
IMM is popular now with this date after The Cherry Pickers Guide introduced, but I agree with the overall consensus this appears done with abrasive cleaning especially on the obverse, the reverse appearance are better from second photo, how is the luster? |
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Pillar of the Community
United States
1095 Posts |
I would go for another option as well. Those hairlines bother me as well.
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Pillar of the Community
 United States
2340 Posts |
Not unmolested...original surfaces altered...hairlines...
smat
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Bedrock of the Community
United States
94367 Posts |
Don't believe this would straight-grade.
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Pillar of the Community
 United States
6548 Posts |
Well, you guys are confirming my worries, unfortunately. Sometimes I really do wonder about the strictness of details grading at PCGS. For example, this dime is 12/6 for pop: https://www.pcgs.com/cert/84149697In this condition, what is the coin really worth? It's a relatively uncommon variety. I can't make heads or tails of the PCGS auction records—two VF35 and one MS63 all sold for around $175 several years ago. No sold comps on ebay, just asking prices that are all over the map. I don't remember any sold coins on GC, either. Is such a coin worth anything raw? What about in a Details slab? What about as an AU pocket piece? |
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Bedrock of the Community
United States
94367 Posts |
Just walk away, man. Stop trying to talk yourself into it.  |
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Pillar of the Community
United States
6548 Posts |
Coinfrog, that's probably the right move. But mint state specimens of FS-501 are not all that easy to find, so I'd like to understand my options. Also, I just want to get the mental process right in my head, because this is the second time I've encountered such a situation, and it's probably going to happen again in the near future. Quite possibly with the other dime that I bought this week.
@macmercury: The coin actually looks beautiful in the plastic flip, and even looks good under a 3.5x loupe. Without strong magnification, I would never have seen the lines.
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Pillar of the Community
United States
8517 Posts |
The last 2 pics make it look polished. Did you get this from consignmenthub by any chance ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
United States
94367 Posts |
Brand - yes or no, do you want to own this coin raw, yes or no. I'm guessing not. Get off the fence.
Edited by Coinfrog
12/10/2024 9:13 pm
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Pillar of the Community
United States
6548 Posts |
I already have a nice AU specimen of FS-501 in my personal collection, and I am quite satisfied with it.
I cherry-picked the coin above with the intention to trade it or liquidate it.
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Bedrock of the Community
United States
18687 Posts |
 w/52Raymo. the hairlines appear to be from a light polishing. the second obv photo shows this prominently |
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Pillar of the Community
United States
1479 Posts |
Love Mercs but not my series lots of hairlines on obverse would hold me back. Are the IMM actually scarce? I have one in VF and see them on ebay frequently in VF but never in AU or MS coin looks UNC details. |
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Bedrock of the Community
United States
94367 Posts |
Are you still undecided on this?
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Pillar of the Community
United States
6548 Posts |
I decided to keep it.
I had to outbid at least one other person to win the auction, so the coin has a notional value of at least that much. It wasn't clearly identified as a rare variety, which increases the value. I will study it, document markers, and probably put it up for sale in 366 days. If for no other reason, than because the prices of such coins are a mystery, and the entire process will provide me with some insights.
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Bedrock of the Community
United States
36832 Posts |
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Replies: 21 / Views: 1,660 |
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First Page
Posted 12/10/2024 5:35 pm
