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 Replies: 10 / Views: 1,145 |
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Pillar of the Community
United States
1372 Posts |
I'm no good at grading these, but the seller reckoned it to be in VF condition, I reckon it to be AU...something. I figure it might lose a point or 2 for rim nicks, but the wire edge of the reverse rim and the split tail are tip offs that the coin's better than VF. Add to that the fact that Liberty is fully seperated from the rim. I liked it well enough to spring for it. It was inexpensive, so if I goofed ... I'll have to take my lumps. Chance   Edited by Chancellor Sutler
11/22/2011 01:31 am
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Valued Member
United States
168 Posts |
I am not very good at grading nickels but this coin clearly appears to be mint state. I would guess ms63+
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Pillar of the Community
1028 Posts |
I do think I see some wear so its not MS. It's an AU coin, but it has rim hits, as you said. The reverse ones I could deal with, but the obverse one at 6 o'clock is a gouge and an eye sore.
I think the seller was correct in calling this a "net grade" VF. I would net grade it at VF-30, which makes it worth about $12. That's really subjective though. This is an AU coin and for some they may not be as bothered by the hits and be comfortable paying closer to its AU price, which is much higher. I wouldn't be surprised seeing this guy sell for $25+, it is a beautiful coin.
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Pillar of the Community
 United States
1372 Posts |
I'm not sure if I see any wear at all. Its my understanding that the earlier issues, up until 1919 are notoriously weakly struck, and some suggest that a different set of grading standards are, or should be used. That's why I say .... I'm no good at grading these. I just don't know the series well. I know it would have been better with an S or even a D on it in that condition.
Chance
Edited by Chancellor Sutler
11/22/2011 06:35 am
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Pillar of the Community
United States
1432 Posts |
Still trying to hone my grading skills by looking at other examples. This is an AU-58 1918 from heritage. I think yours is at least equal but I don't know what effect the rim hits have on the overall grade.   |
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Pillar of the Community
1028 Posts |
Quote:
I'm not sure if I see any wear at all. Its my understanding that the earlier issues, up until 1919 are notoriously weakly struck, and some suggest that a different set of grading standards are, or should be used. That's why I say .... I'm no good at grading these. I just don't know the series well. I know it would have been better with an S or even a D on it in that condition.
Chance The entire series did have some strike issues second only to the problems seen with SLQs. The branch mints had additional problems with their planchets that made them even worse. The design of the nickel was further adjusted in 1916 to make some things better and this did improve all subsequent P-issues. Yours is a 1917 P-issue. That particular coin wasn't notoriously poorly struck, but its cousins in Denver and SF were. Regardless, I'm fairly certain I see a bit of wear on this coin. If I ignored the rim hits, I'd go AU-58. With the rim hits, this coin is really tough. |
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Pillar of the Community
United States
1372 Posts |
It's a nice album coin ... and I only paid 12 bucks for it. The rim damage doesn't bother me that much. I hardly ever look at Buffalo nickels with all of the restored early dates, but this one caught my eye, and I thought it was priced nicely. I only have a few, so there was plenty of room for this one. Chance |
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Pillar of the Community
1028 Posts |
Yeah, I think it's a pretty good buy for $12. That happens to match my original estimate of its value under the pretense of "being bothered a lot" by the obverse rim hit. I think valuing hits which don't contribute to wear is even more difficult than valuing cleaning. If the hit does not bother you that much then $12 is definitely a good buy. As the holiday season approaches and more buyers flock to ebay to spend money, I'm surprised you picked that up for as little as $12. |
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Pillar of the Community
United States
1372 Posts |
It had just come up, and was a buy it now....so, right place at the right time. The rim doesn't offend me too much at that price. I just bought a bunch of Jeffersons from the 50s ... lots of lusterous puppies in the lot. There's a MS 1955, and probably others. I'd bought a bunch of stuff from the seller already, and I decided that 7 bucks for 63 more nickels....so it might be worth the gamble. No telling what's in the lot. I'd already bought a lot of 63 (apparently the magic number) with nearly a roll of War Nickels for 20 dollars...I don't like them so much, but they're easier to sell these days than in the past. Chance |
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Pillar of the Community
United States
2596 Posts |
I think this coin is au from the friction on the obv hair.
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Pillar of the Community
United States
1372 Posts |
This one came in this morning, and the pictures don't capture the luster very well. It looks much better, much flashier in the flesh. The damage at 6 o'clock is hardly noticable in hand. I like it for what I paid. I'd say those who said AU-58 with obverse damage, nailed it.
Chance
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Replies: 10 / Views: 1,145 |
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Posted 11/22/2011 03:59 am
