1877 Indian Head Penny - Any Input? - Page 5

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Author	Replies: 94 / Views: 11,336	Page: of 7

52Raymo Pillar of the Community United States 8521 Posts	Posted 04/06/2019 11:00 pm I'm pretty sure that 77 will go over 2k. The pic here of the 77 is better than GC's. Man what a bummer that someone cleaned all these coins. Oregon coin geek.....* GO BEAVS ! ! ! * Report this Post to the Staff
JJS2 New Member United States 33 Posts	Posted 04/06/2019 11:20 pm Well, I would hope that people don't just take "cleaned" as one lump grade.. there are so many levels and types, and ages of "cleaning". It's also possible another grading service might have a totally different opinion, especially when it comes to the "scratch" they claim is on the 1909-S. Even if there were a micro scratch, conservation would most likely bring the full value back. It could be resubbed to PCGS and they might decide there is none, anyone looking at the pictures should be able to see that. So I can only hope people will look past just seeing "details" NGC claims, and actually take a good look at the coins. Report this Post to the Staff
JJS2 New Member United States 33 Posts	Posted 04/06/2019 11:36 pm We were shocked about the "cleaned" stuff more than anyone, since my dad kept them in a museum quality Intercept Shield for decades, and they were untouched. Any cleaning would have to have been pretty long ago well before my dad got them. And when he bought most from a reputable dealer who has been in business for 50 or more years, most were never said to have been cleaned (that he remembers). Of course the technology they use to examine and grade coins has probably changed and improved since then. Report this Post to the Staff
52Raymo Pillar of the Community United States 8521 Posts	Posted 04/06/2019 11:56 pm I went through all of them and they've definitely been messed with. It's a shame because it could've really been a nice set. Oregon coin geek.....* GO BEAVS ! ! ! * Report this Post to the Staff
JJS2 New Member United States 33 Posts	Posted 04/07/2019 12:13 am In person, it is a very nice set. I haven't had a chance to look through all of the pictures that GC took of them yet, but everyone who has seen it in person has said it's one of the best of these sets they have seen. So I guess it's all relative. Report this Post to the Staff
Zurie Pillar of the Community United States 5686 Posts	Posted 04/07/2019 01:16 am Quote: especially when it comes to the "scratch" they claim is on the 1909-S The scratch was not very visible on the original photo, but it's obvious on the NGC photo below (between the first 9 and 0 of the date). I doubt conservation could do anything for that, but it's small and probably not very distracting in hand. Still a very desirable coin. Report this Post to the Staff
JJS2 New Member United States 33 Posts	Posted 04/14/2019 5:18 pm Well, two hours left in the auction, and the whole set is only at $7K... is this due to lack of publicity or what? If it doesn't puck up soon, people are sure going to walk away with steals and get rich off of reselling our set. :( The 1877 picked up a bit and is up to $1,600 https://www.greatcollections.com/Co...-Cent-NGC-AU The 1909-S is still below what the dealer offered us locally, with a large markup factored in: https://www.greatcollections.com/Co...Cent-NGC-Unc The 1871 is WAY below what the dealer offered us, and he estimated XF, and NGC graded it AU! https://www.greatcollections.com/Co...-Cent-NGC-AU The 1857, we were offered about $300 for it by the dealer, it's only up to.. $72? Are people just not seeing these auctions?! https://www.greatcollections.com/Co...-Cent-NGC-AU Report this Post to the Staff
Collects82 Pillar of the Community United States 1316 Posts	Posted 04/14/2019 5:30 pm The few times I tied at GC, the price climbed substantially in the final few minutes. I'm pretty sure there are plenty of eyeballs and fingers ready to start clicking that mouse. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 04/14/2019 5:36 pm Agree, there will almost certainly be action in the final minutes and seconds. Does GC allow any auto bidding services? Report this Post to the Staff
llewellin Pillar of the Community United States 1005 Posts	Posted 04/14/2019 7:00 pm You're expecting way too much for those details coins. You keep mentioning grades but omit the fact they're all cleaned and in details slabs Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 04/14/2019 7:05 pm That point bears repeating. Report this Post to the Staff
jimbucks Pillar of the Community United States 4692 Posts	Posted 04/14/2019 7:07 pm Report this Post to the Staff
JJS2 New Member United States 33 Posts	Posted 04/14/2019 7:34 pm Sure, but I'm going by how much an experienced dealer was going to pay cash for them after examining them. The higher ultimate grades should at least balance out the details grades. The dealer did note some of the coins looked like they could have been cleaned, so he was even factoring in that aspect as well as his lower grades, then deducting his 20% markup. So it only makes sense to expect significantly more than he offered. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 04/14/2019 7:40 pm Not necessarily. Bidders have not seen the coins in hand and probably don't have your dealer's want list or customer base. Plus, they have to pay the juice. Welcome to on-line bidding. Edited by Coinfrog 04/14/2019 7:42 pm Report this Post to the Staff
numismatic student Bedrock of the Community United States 11914 Posts	Posted 04/14/2019 7:42 pm what was the total that the set sold for? Report this Post to the Staff
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