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 Replies: 13 / Views: 1,369 |
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Valued Member
United States
134 Posts |
Just wondering if this is lamination. Its a 1919 Buffalo, Thanks for looking!   |
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Valued Member
United States
331 Posts |
yes but it is undermined by the stain that runs along the lamination.
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Pillar of the Community
United States
1414 Posts |
Yes, definite Lam but low grade coin. Jeff
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Valued Member
 United States
134 Posts |
Got it on ebay, 15.00, I thought that was a steal deal. |
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Pillar of the Community
United States
1414 Posts |
Not a steal sorry but if you like Lams then I guess it's ok....Jeff
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Pillar of the Community
United States
3463 Posts |
The original "Speared Buffalo"  |
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Pillar of the Community
United States
6478 Posts |
Nice! I bit much for 15 bucks unless you like the coin.  |
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Valued Member
United States
134 Posts |
Wow, I must be missing out on new information, I looked at coin autions help site, which is one of 3 sites I use for coin values, and the value of 1919D Buffalo VG is 34.00. Average value is 30.00 for the nickel itself. The grade is VG8 and according to the Red Book a Buffalo lamination coin is 35.00. So I am truly confused on how you don't think I got a bargin at 15.00 for this coin. Maybe we should wait a couple of years and see if the lamination errors go up in price which I'm very sure they will as the errors are almost non existent now. Please tell me what I'm missing here, and the stain would not knock the value that much, in my opinion. |
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Pillar of the Community
 United States
5828 Posts |
The Red Book puts out vaules for lamination coins? Laminations are wierd and I dont like to pay a premium for them IMHO. |
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Pillar of the Community
United States
1781 Posts |
Here is the problem. For a Lamination on a Buffalo to be worth $35 it has to be quite a bit more dramatic. The size of this lamination makes it worth about $2 or $3 on a common date of that grade. So what you have is a "white elephant" as the late, error coin pioneer Arnie Margolis used to call them. The error is not big enough to get error collectors excited and it's too glaring of a "problem" for a collector who wants to buy it for the date/mintmark. As such, the lamination reduces the value of the coin.
Edited by koinpro
05/31/2015 01:46 am
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Pillar of the Community
United States
4963 Posts |
The Red Book is not always that accurate for lower end coins- for example, a 1988-P Kennedy half is listed as $2, when we would all probably spend it. Also, you didn't tell us it was a D mint coin. Edited by Numisma
05/31/2015 02:56 am
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Pillar of the Community
United States
1414 Posts |
According to the horn, it's not VG either...Show a pic of the Obverse. Jeff
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Valued Member
United States
134 Posts |
Thanks Ken for the explanation, it dosen't seem fair but it makes sense. Apoligies for forgeting about the D, and Jeff I already gave coin to my young great nephew who is very happy to have the coin. Learning from the BEST, Thanks
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Pillar of the Community
United States
1781 Posts |
I hope your great nephew gets a good start with this coin. I started collecting when the Lincoln Memorial design was introduced in 1959. Shortly after, my aunt gave me an Indian Head cent, one of many she save when she was younger. That cemented the deal and I've collected ever since with no gaps in between. |
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Replies: 13 / Views: 1,369 |
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Posted 05/30/2015 5:39 pm
