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 Replies: 20 / Views: 1,515 |
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Bedrock of the Community
United States
10974 Posts |
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Pillar of the Community
United States
1858 Posts |
I realize how rare this coin is with a mintage of only 500 and in a respectable MS-64 grade. With that said, high end coins like this are meant for investment purposes, not for the average collector. While PCGS may place a value of $95K on this coin, how many people would actually be in for that? I see two recent Heritage Auctions (01/25) in which this same grade coin went for $60K and $78K respectively. Even if I could afford it, I would rather prefer stacking bullion VS this coin. Bullion would be more of a liquid asset than this risky rarity in my opinion.
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Pillar of the Community
United States
949 Posts |
What generation holder is that? No barcode, no PCGS logo.
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Bedrock of the Community
 United States
10974 Posts |
Looks like Gen. 4.0B - 10/1998-2/2002.
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Bedrock of the Community
United States
10974 Posts |
I also don't consider this coin very rare. Out of 500 minted, it is estimated that 420 survive. Demand seems high but if you miss one boat it seems like you don't have to wait long for another one. At least recently. Price seems to have moved north of 55K but it can always come back down, just like everything else.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS My coin e-commerce website: https://fairfaxcoins.com |
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Pillar of the Community
United States
4397 Posts |
The reverse photo looks strange with lighter colors. Some of the gold in TPG holders had putty to hide defects and it often turned a lighter color over time. |
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Bedrock of the Community
United States
10974 Posts |
Not sure how you make putty shine like gold but maybe there's shiny gold putty that I don't know about.  For the putty to work, you would have to match the color, reflectivity and luster of the coin. Seems like a tough task. Filling fine hairlines seems reasonable to conceal but not large areas in the surfaces. Was able to see some examples of coins that have been puttied extensively but they didn't look too convincing. Maybe they looked better when first applied. For coins of this value, it was probably looked at by more than one grader for more than 5 seconds, so not sure if a putty fix would have been missed. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS My coin e-commerce website: https://fairfaxcoins.comEdited by numismatic student
05/11/2025 4:47 pm
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Pillar of the Community
United States
4397 Posts |
Quote:
Was able to see some examples of coins that have been puttied extensively but they didn't look too convincing. Maybe they looked better when first applied. When the putty is first applied, it can pass through TPG graders on MS gold coins. There was one example that went through PCGS and CAC before the putty turned lighter. Over time it will dry out and turn to a lighter color. If you are buying gold coins, something to be aware of.
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Bedrock of the Community
United States
10974 Posts |
Still unconvinced that putty can mimic the look of lustrous gold over any substantial surface. I think what you are seeing in the reverse of this coin is the result of poor in-slab photography.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS My coin e-commerce website: https://fairfaxcoins.comEdited by numismatic student
05/11/2025 6:49 pm
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Bedrock of the Community
 United States
13668 Posts |
I say it is a beautiful key date coin NS - and would make a welcome addition to your already world-class collection of rarities and excellent numismatic examples.  Take a look at my other hobby ... http://www.jk-dk.artToo many hobbies .... too much work .... not enough time. Edited by nickelsearcher
05/11/2025 7:01 pm
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Pillar of the Community
United States
550 Posts |
 However, if you have any doubts, hold out, there will always be another one.
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Bedrock of the Community
United States
59473 Posts |
Very nice coin. Errers and Varietys.
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Bedrock of the Community
United States
10959 Posts |
Looks like Greysheet Bid is $60k so the price does seem attractive and more inline with a 63. The putty possibility is plausible and the lack of a CAC sticker means it likely didn't pass for some reason. At this level a CAC green sticker adds nearly $20k in value to this piece.
I'd want to see high-res images of both surfaces and/or a return privilege before ponying up that kind of cash. Assuming you like the eye appeal then it's a worthwhile purchase.
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Pillar of the Community
United States
3257 Posts |
The matte finish looks good.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Moderator
United States
164019 Posts |
Way, way over my head and out of my league!  |
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Pillar of the Community
United States
1098 Posts |
I ran the cert number thru PCGS Cert Verification and it comes back as an error meaning not showing up. I was looking to see if PCGS had a photo to see this coin in a different light but could not find it. I starting running the slab cert and realized this coin was graded in Europe and not in the US. https://www.pcgseurope.com/Cert/5484347Was hoping to find a listing such as an auction to see what this looked like but came back empty handed. So in the end it is a great price if it is a great coin. The rest is up to you. Edited by cointagous
05/12/2025 12:25 pm
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Replies: 20 / Views: 1,515 |
Posted 05/11/2025 2:10 pm
