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 Replies: 9 / Views: 1,375 |
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New Member
United States
10 Posts |
I recently acquired a 1918/7 D buffalo for a decent price (as part of a set), and I'm happy enough with it, because for one thing, the "8" is nice and clear, especially in view of the shape the rest of the coin is in. But it also seems to have other birth defects, and I wonder if anyone can identify/explain it? There is extra metal under the Indian's chin, and on the reverse in that place the "America" is distorted and the rim is strangely uneven. Anyone know what that sort of mint problem is?    |
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Pillar of the Community
1028 Posts |
It's just damage, nothing more. It will lower the value of your coin, of course, but you do definitely have an overdate there, so if you got it for a good price, it is still a nice pickup.
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New Member
 United States
10 Posts |
Thanks. I suppose something hit it right in the "America" and the resultant bulge caused the unusual wear patterns overall. Since the genuineness of the coin is pretty clear-cut and the wear and damage are so heavy, I'm wondering if it's worth slabbing?
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Pillar of the Community
1028 Posts |
Quote:
I'm wondering if it's worth slabbing? If the coin is for your own collection, then you could slab it if you want, or not if you don't want. If you want to re-sell, I probably would not. You're obviously going to get a details slab and I have a feeling it's going to be "good" details, damaged. That's probably not going to sell for that much.....maybe $500 if you're lucky, probably less. I think buyers may actually pay more for this specific coin if they make up their own mind. You're going to get a "good" grade because the lack of horn and reverse motto, but the mintmark, obverse, and especially date, are very strong for a "good." The TPG may also call this coin "bent", which is a selling death sentence, even though it's really not that bad. |
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Moderator
 United States
16679 Posts |
I agree, PMD. Since the coin is not acid treated, it is more desirable. A TPG will definitely tag it in a details holder and yes, a $400-500 coin. swcoin.ecrater.com
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New Member
United States
10 Posts |
Thanks, guys. That's pretty much my gut feeling too. The date presents so well to the eye that the coin may fetch more than its textbook worth to a hungry collector.
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Valued Member
United States
380 Posts |
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New Member
United States
10 Posts |
Just a footnote to this old post for folks who keep track of Buffalo values. I just sold the nickel on ebay for $455. Thanks again to vermontensium and hesgut, who were right smack on the money. |
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Valued Member
United States
108 Posts |
Cool beans, and thanks for returning to the thread to close the story.
-Jay
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Pillar of the Community
United States
4416 Posts |
IMHO, well worth slabbing as "genuine" ... ungraded.
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Replies: 9 / Views: 1,375 |
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Posted 05/26/2013 12:31 pm
