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Market Value Of Nik-A-Dated 1921-S Buffalo?

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Pillar of the Community
United States
7646 Posts
 Posted 06/28/2020  1:24 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
The quality of the restoration job means a lot. I always thought treating the entire coin, not just the date area, yields better results.

It might bring a couple of bucks on ebay but it will never bring anywhere near what a natural date, non-restored coin will bring.

Regardless, the coin will always be a details coin.


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United States
18456 Posts
 Posted 06/28/2020  1:29 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
There's a dealer in California that has 21-S restored Buffaloes in VG : 3 feathers $80 > 2 feathers $205 > 2 1/2 feathers $95 .
Pillar of the Community
United States
4680 Posts
 Posted 06/28/2020  1:31 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list
Sadly, it's worth whatever someone will pay. I have seen wayyyy to many of these sell on ebay for way more than they should, especially a fully treated one. It does bring out more of the details evenly, but looks horrible. I personally would never go out of my way to buy one, but if one was in a lot I wouldn't pay more than a dateless, as hfjacinto said.
Edited by Ty2020b
06/28/2020 3:45 pm
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United States
1613 Posts
 Posted 06/28/2020  1:38 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list
Well put.
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Canada
5255 Posts
 Posted 06/28/2020  5:03 pm  Show Profile   Bookmark this reply Add oriole to your friends list
OK, so the answer is, not very much in the US, and in Canada probably even less.

Thanks.
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 Posted 06/29/2020  7:10 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list
There is a small market for restored rare-variety Buffs. A restored date 1916 DDO or 1918-D/1917-D DDO will sell as a filler. I've seen a couple 1913-S Type 2 Buffs sell with restored dates, as well

There isn't much of a market for the other restored date Buffs, because inexpensive AG/G Buffs with unrestored dates are readily available. An original VG-08 1921-S Buff right now runs <$70, and a natural date AG is $20-25.
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Canada
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 Posted 06/29/2020  7:18 pm  Show Profile   Bookmark this reply Add oriole to your friends list
Well, if a natural date 1921S in AG is $20-25, then a restored date probably couldn't be more than 10-25% of that.
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 Posted 06/29/2020  8:56 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
with you guys . I don't know why that one dealer is asking so much money for his restored Buffaloes .
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United States
20753 Posts
 Posted 06/30/2020  07:50 am  Show Profile   Bookmark this reply Add just carl to your friends list
As far as I'm concerned those are just damaged coins.
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2335 Posts
 Posted 06/30/2020  08:46 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list
Several years ago I was asked by an estate sale company I worked with to make an offer for a large coin collection. In the collection there were 2 nearly full Library Of Coins Buffalo nickel albums with mostly nik-a-dated coins. Almost every coin had the classic round dot over the dates. Many of them had what appeared to be green PVC slime. I looked through the albums, saw the condition, & put the albums in the pile of items I wasn't interested in. When I talked with the people running the estate sale I told them the coins were damaged & therefore not worth as much. When they asked how much they should sell them for I told them I didn't have any idea what the market was for coins in that shape. I wasn't comfortable making an offer or giving pricing guidance. They ended up pricing the 2 albums somewhere around $200 each.

At the time I helped the estate sale company out on the days they had sales. For this sale they asked me to monitor the jewelry/coin table to keep items from disappearing. On the 1st day of the sale several collectors looked at the albums, saw the condition of the nickels, & put them back down. On the 2nd day a guy showed up that obviously didn't know anything about coins. He ended up buying a bunch of modern mint/proof sets that were priced at high retail...& the 2 albums of Buffalo nickels. I saw the same guy at another estate sale several weeks later. He told me he listed the nickels individually on ebay and made over $4000......
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 Posted 06/30/2020  10:18 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list
Ahhh ebay, the perfect platform for the blind to lead the blind.

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 Posted 06/30/2020  3:44 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list

Quote:
Ahhh ebay, the perfect platform for the blind to lead the blind.


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United States
18456 Posts
 Posted 06/30/2020  6:43 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
I'm assuming he had the major Buffalo errors in those books .
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 Posted 06/30/2020  7:42 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list
The two restored date 1916 DDOs that I saw change hands sold for well over $1,000 each. A natural date AG is north of $2,200. The 1918-D/1917-D DDO is, of course, much less expensive, and the handful of restored date coins that I saw were in the $100 range. The 1913-S Type 2 restored date coins that I have seen were offered for sale, but I can't remember any changing hands.
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 Posted 07/02/2020  1:15 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list
The only coin the guy mentioned specifically was the 1918/17. Truth is once I saw the condition I didn't even think about checking for the rarities. I'm assuming none of the collectors that rejected the albums the first day of the sale did either.
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