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Had My Eye On This One... Alas... $$$

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coinsalot's Avatar
United States
24 Posts
 Posted 10/27/2011  1:07 pm Show Profile   Bookmark this topic Add coinsalot to your friends list Get a Link to this Message Number of Subscribers
The reserve is $31K... what do you think this will go for? I thought the damage would detract from the price

http://coins.ha.com/c/item.zx?saleN...lotIdNo=8084
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muddler's Avatar
United States
7191 Posts
 Posted 10/27/2011  1:21 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
What is the "damage" on this coin? It is a true rarity showing great eye appeal and completely out of my rage, but nice to see.
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coinsalot's Avatar
United States
24 Posts
 Posted 10/27/2011  1:31 pm  Show Profile   Bookmark this reply Add coinsalot to your friends list Get a Link to this Reply
I only see some stray marks and a couple spots around "CA" in AMERICA. Minor in my opinion, but enough for PCGS to "Genuine" it apparently.
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rachums107's Avatar
United States
3345 Posts
 Posted 10/27/2011  3:07 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
Is it a rim nick at 2 oclock obverse?
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Buddy's Avatar
United States
7075 Posts
 Posted 10/27/2011  3:13 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
I don't have any experience as a customer with PCGS but I know that they grade coins with scratches. I have one of them. So I am wondering: could there be something funny about the rim? Would they slab a coin with rim damage?

I guess what I really want to know is: Did the customer who submitted it to PCGS get an explanation better than just 'damage'?
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/27/2011  3:40 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
I thought the damage would detract from the price

It has, that is probably an AU coin but its current bid is at the Fine level. Numismedia lists EF40@ $58000, AU50@ $78000, and MS60@ $177,000.
Valued Member
United States
161 Posts
 Posted 10/27/2011  4:04 pm  Show Profile   Bookmark this reply Add seateddime48174 to your friends list Get a Link to this Reply
looks like the obverse fields may have been tooled, other than that, I dont see what the damage is ? other than the damage that a coin like that would do to a budget
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mdh157's Avatar
United States
952 Posts
 Posted 10/27/2011  6:10 pm  Show Profile   Bookmark this reply Add mdh157 to your friends list Get a Link to this Reply
My first thought was the rim dings as well.......and they only made abt 3600 of those.........what a beauty, damage or not
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Namachieli's Avatar
United States
2120 Posts
 Posted 10/27/2011  6:16 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I think a details grade this slight, will make little to no difference in value.
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jeffrose's Avatar
United States
1432 Posts
 Posted 10/27/2011  6:22 pm  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply

Quote:
What is the "damage" on this coin? It is a true rarity showing great eye appeal and completely out of my range, but nice to see.


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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 10/27/2011  6:37 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I am having trouble figuring out what they considered damaged. My guess would be that there might be something going on behind Liberty as the fields seem like they have a slightly different texture than the rest of the fields.
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nickelsearcher's Avatar
United States
15425 Posts
 Posted 10/27/2011  7:19 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I'm not seeing any obvious 'damage' ... I see a tremendous lovely coin that any of us would enjoy in our collections.

For sure there is something going on there for PCGS to holder it as such ... whoever wins it please let us know.

David
Take a look at my other hobby ... http://www.jk-dk.art
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 10/27/2011  7:53 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
I'm guessing the reverse is tooled, but that is one beautiful coin. I would be happy to have this in my collection.

Edit - that is what bugs me about the TPG's - they wave their wand and pronounce their opinion with out indicating what they saw. Try and call them and it is a joke - been there, done that.
Edited by CoinsKelly
10/27/2011 7:54 pm
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Buddy's Avatar
United States
7075 Posts
 Posted 10/28/2011  9:21 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
That's good to know, CoinsKelly. It isn't exactly cheap to get a coin graded and I guess I would want to know a little more information than they provide.

Thank goodness I could probably get that here.
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