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Why Is This Lincoln 1915-D MS-64BN Is Below CDN Price?

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Author Previous TopicReplies: 14 / Views: 1,059Next Topic  
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SA4H's Avatar
United States
2764 Posts
 Posted 11/30/2007  3:27 pm Show Profile   Bookmark this topic Add SA4H to your friends list Get a Link to this Message Number of Subscribers
CDN bid/ask price of July 07 is 265/290. While it's offered for $250.

I notice that for this coin in MS64, the bid/ask price is only 85/95. Any flaw on this coin; ANACS grading, can it possibly cross-over to NGC/PCGS?

I am learning about this serie and the price just bugged me. It's very tempting.... and I just got paid too.
Edited by SA4H
12/01/2007 6:56 pm
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Jaobler's Avatar
United States
6381 Posts
 Posted 11/30/2007  3:58 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Hi Bruce,
From what I can see this is a very nice cent, solid for the grade. It even has quite a bit of red remaining. I've seen coins with less red color graded as RB.

It might well deserve an MS-64 BN grade (or better!) at PCGS or NGC. Those services seem reluctant to cross other service's holders, though, so it may not work. If you send the coin in the ANACS holder, they may claim it doesn't meet their standards for the grade and just return it. They will of course keep your grading fee. You could crack it out and submit it raw, but they might grade it lower than ANACS, or even decide it has some (imaginary) problem and body-bag it. It's a gamble!

The asking price probably reflects the fact that ANACS holders can be harder to sell than PCGS or NGC. It looks like a beautiful coin and if you like it you probably won't regret the purchase. You could even ask the dealer whether he'd let it go for a little less; you never know!
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okie-colin's Avatar
United States
1083 Posts
 Posted 11/30/2007  4:03 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
Bruce, I like Harlan Beck. I think his grading is fair and sometimes even too conservative for me. I just bought a 1909-S lincoln from them that they undergraded I think. I have no problem recommending them. As for this 1915-D, you might ask them for a picture of the ANACS holder. I would want to see that as ANACS will slab problen coins, although I see no indication of that here and HJB will almost always note any problems in the description. Let us know if you buy it.
Pillar of the Community
United States
2600 Posts
 Posted 11/30/2007  4:04 pm  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
SA4H, it may well be that with the soft economy and Holiday spending that their sales are down and are willing to work on thinner margins than usual. I would like to see better pics, but I agree with Jaobler that it seems to be a good deal. I would not be afraid to pull the trigger if I was interested in it. You could break it out and submit it to NGC or PCGS and if it comes back with the same grade it would probably go for more. Always a gamble, though.
Jim
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chrsb's Avatar
United States
936 Posts
 Posted 11/30/2007  4:20 pm  Show Profile   Bookmark this reply Add chrsb to your friends list Get a Link to this Reply
I do not know why it is priced lower but I must say I really like the toning on it, it is a beautiful cent!!
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tights24's Avatar
United States
2254 Posts
 Posted 11/30/2007  6:06 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply


Price on HJB says $250. Am I missing something?
Rest in Peace
Mike's Avatar
United States
2884 Posts
 Posted 11/30/2007  7:11 pm  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
I guess I am missing the object of the question. HJB is a very respectable dealer and is asking an average market price for the coin. What is the question? Mike
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tights24's Avatar
United States
2254 Posts
 Posted 11/30/2007  7:20 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
I'm thinking at some point the price was down at $80.....Maybe they noticed their mistake as well?
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SA4H's Avatar
United States
2764 Posts
 Posted 11/30/2007  9:41 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
My question is why the price on HJB is lower than the one on CDN (July issue). If, like Mike said that HJB price is the average market price then that mean the this coin's price went down since July or was it the CDN price was wrong or higher than average market price?

And yes, the price difference btw MS63 and MS64 is 95 vs 290 (almost $200 different)......... make me pondering.
Edited by SA4H
11/30/2007 9:44 pm
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Bryan1315's Avatar
United States
14454 Posts
 Posted 12/01/2007  07:42 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
quote:
I would want to see that as ANACS will slab problem coins

I don't think you would have anything to worry about with HJB not mentioning any problems that was on the holder because he even lists his coins as lightly cleaned and if he uses the word lightly you better have a microscope to be able to see any cleaning lines
Valued Member
tonphil1960's Avatar
United States
382 Posts
 Posted 12/01/2007  07:47 am  Show Profile   Bookmark this reply Add tonphil1960 to your friends list Get a Link to this Reply
HJB is a very reputable dealer, he will not sell something without describing it in detail. If I was interested I would give him a call and find out first hand.

regards Tony
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Bryan1315's Avatar
United States
14454 Posts
 Posted 12/01/2007  09:11 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I just want to add, if you are seriously thinking about buying this thing I wouldn't wait very long, he flips inventory pretty quickly and you posting this thread is only going to help that fact because in my opinion it is a beautiful coin and I don't have any interest in Lincoln cents (as you know alot of our members think differently)
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BadThad's Avatar
United States
19930 Posts
 Posted 12/01/2007  09:54 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Nice coin!
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SA4H's Avatar
United States
2764 Posts
 Posted 12/01/2007  6:58 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Thanks Bryan,

I am talking with them right now, so they should hold it for me.

Thanks guys, for all of your responds.
Rest in Peace
Mike's Avatar
United States
2884 Posts
 Posted 12/01/2007  7:22 pm  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
Is it just me or is this coin struck slightly off center both obverse and reverse? It is a a sweet looking Lincoln. Mike
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