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Saw A 1911 D LWC For Sale With OBV Lam, Labeled Details

 
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Author Previous TopicReplies: 6 / Views: 261Next Topic  
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 Posted 07/13/2020  3:50 pm Show Profile   Bookmark this topic Add sheldius to your friends list Get a Link to this Message
So should a LAM on a 1911 D Wheat cent in XF/AU cost less with a large LAM across the face? It was about $20 instead of $40.

I know that grading by PCGS would probably list it as details and not Lamination error, but are sellers just missing a market by reducing price because they say it has details?

Thoughts.
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 Posted 07/13/2020  3:57 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Often details, could mean the coin was cleaned. Most times they will label the coin as genuine without a grade. Or they could mean the details we not graded? (They may consider that as a negative for the coin? So without seeing the coin, I'm just guessing at this point.
Richard S. Cooper
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 Posted 07/13/2020  4:06 pm  Show Profile   Bookmark this reply Add sheldius to your friends list Get a Link to this Reply
The seller has it listed as details in ebay. It hasn't been graded yet (and they have the non-LAM side showing first).

https://www.ebay.com/itm/1911-D-Lin....m4902.l9144
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 Posted 07/13/2020  4:07 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, without a pic it's hard to say. Some collectors (including me) usually consider a lamination as a flaw that lowers a coin's value.
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 Posted 07/13/2020  5:05 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
I like lamination issues on coins, the more dramatic, the better. I wouldn't spend $21.97 (what the seller is asking), but I'd jump on it if it were somewhat less.
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 Posted 07/13/2020  7:20 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
Id put that cent @ vf-30 and an offer of 15 to 18 dollars...but that's just me...good luck
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 Posted 07/14/2020  1:31 pm  Show Profile   Bookmark this reply Add sheldius to your friends list Get a Link to this Reply
Thanks all for the comments. I've just trying to understand the the group think on coins like this, and if they were missing a trick.


I wasn't planning to buy the coin at all from the beginning, so anyone making a offer on it isn't stepping on my toes at all. I need a 1911 D but looking for a variety at same time.
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