I am not impressed with the NNC Wheaties I've bought. I've never gotten ripped off, because I NEVER expect these coins to meet the stated grades. I bought a 1942 D and a 42 S on
ebay for just under $20 postpaid. Both are graded as MS66. I think both reverses deserve the grade, but both obverses look like only MS65 to me. A small difference that results in a big swing in values. Both of the coins I bought can only be called MS65, but the funny part is that I got a pretty good deal on them. Probably because others expected the NNC coins to be MS64 or less. If the guy had kept these out of the NNC slab and advertised them as the legitimate MS65's that they are, then he might have gotten a little more than he got from me.
Unfortunately, he probably gets far more people that pay the MS66 price for coins that don't deserve the grade.
I also bought a 1949 S Wheatie that was slabbed by NNC as MS67. I graded that one as MS 65 on the reverse, and MS64 AT BEST, on the obverse. I paid $10 postpaid for that one, and it's worth less than I paid.
As for the 1909 S VDB you're watching, it's up to $1500 or so now, but if it were a legitmate MS66, it should go for $7500 or so. If I had a coin that important for sale, I'd take plenty of high quality photos using different angles and lighting just to prove that the coin deserves the grade, so that I would get the proper price.
I wouldn't trust his photos.
Right now the coin is priced legitimately for a MS64 Red/Brown. Without better photos, I wouldn't trust it to grade any higher than that.
Posted 06/09/2007 11:28 am
