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 Replies: 14 / Views: 1,289 |
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Pillar of the Community
United States
1283 Posts |
Hi, I would just like validation on something if a one/some of you can help out. I've been offered a 1909-S VDB PCGS MS-63 Red and Brown for $1500, which, based on my investigation I think is a decent price. BUT, this coin has to make it through a show without being sold. I've also found a dealer who has (TWO!) MS-63 RED examples, one is PCGS and one is ANACS. I haven't had a chance to look at them in person. His initial over the phone quote was $2450 for either. That sounded awefully high to me for simply having a full RED vs RED/BROWN. I checked Heritage and that actually seems to fall in line with the most recent auction close. But there's not much data on 63-REDs. To my question: I was wondering if some of the more experienced collectors can give their opinion on this pricing. Especially if you're a wheat collector. That's a major investment and I would appreciate some educated 2nd opinions. Thanks!  Edited by USArmyParatrooper
06/27/2007 11:59 pm
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Pillar of the Community
United States
1952 Posts |
I would go for the $1500.00 coin that is a good price. the $2400.00 I think is too much. Chuck will be around sooner or later to get a bit more detailed for you but I would go with the red/brown and hope it don't sell lol
Good Luck
Gary too
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Pillar of the Community
United States
7123 Posts |
The difference in the designation is this ,, a RB coin has from 5 to 95% of its original color ,,where abouts does the RB coin that you are looking at fit in the percentages ?
a full red coin will have from 100 to 95% of it original mint bloom ,,that is where the price difference is at .
2400.00 for a full red 09-S VDB is not out of line ,,its possible you could do a bit better( maybe) these coins are not going down in price .
the 1500.00 coin is a visual call ,it could be 50% or it could be 20% of the original mint luster remaining,,If it is pushing the 90 or 95% level then its the better buy ,otherwise the full Red coin would be my choice.
Metalman
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Bedrock of the Community
United States
17884 Posts |
Take care and make sure you LOOK at the red coins it is not unusual for red coins to change to red/brown over the years. Just because they were red when they were slabbed doesn't meen they are still red today. And since red/brown can vary so much in the amount of red on the con it may be possible to get a 90% red red/brown coin for $1500, or a coin with just a touch more red for $2450. Is that litle bit of extra red, which may not even stay that way, worth the extra thousand?
Personally I don't like red or red/brown coins. I much prefer glossy brown coins. I think they are very attractive AND THEY STAY THAT WAY. And as an added bonus, they're cheaper.
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Pillar of the Community
United States
2600 Posts |
U.S., I think Condor and Metalman have it about right. Also,you really need to see these coins in hand. Not only does the amount of red vs brown percentage and luster effect the value, but this year was known for both weak strikes and bad planchets. The wood grain effect in a coin really brings the value down for me. If you are not familiar with this coin, be sure and stay with a certified coin from on of the big three TPGs. This may just be the most counterfeited coin ever.
Jim
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Pillar of the Community
United States
2540 Posts |
The question is: how much brown on the RB.
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Pillar of the Community
 United States
1283 Posts |
Well, I went and looked at the MS-63 RED's today. I was a bit disappointed. I was hoping they would be a nice FULL red with no hint of browning or toning. That was not the case. One was an even light orangish-brown color and the other was red with a few streaks of brown, albeit very light streaks. I guess for as much of a premium as you pay for "full red", I was expecting more. I was also offered $2600 for an MS-64 Red-Brown, and to me that one looked as nice as the "red" wheats I looked at today. It must have barely missed full red. Only it's a grade higher. So I'm going to expand my local area search, keep checking ebay and check on the 63 Red-Brown that was attending a coin show. If I'm lucky it's a nice example and it didn't sell. |
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Bedrock of the Community
United States
12437 Posts |
USAP, are you registered with Heritage? They auction quite a few 09s VDBs and they have many in their archives too.
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Pillar of the Community
United States
7123 Posts |
Its Good to see that you are looking for a coin and not a number on a piece of Plastic !!  Metalman |
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Bedrock of the Community
United States
20753 Posts |
Just remember that regardless of the price, that is one of the way up there on the list of counterfeited coins. Prior to buying one raw I would suggest you really study up on that coin. Go to coppercoins.com web site and check out what he says there for an example. That coin in verified by PCGS or NGC as MS63 should be about $2,000 and not much more. It is not as uncommon as people think. There is one coin show around here where a dealer always has at least 5 or more of them in MS grades and slabbed for verification. Again, be carefull of fakes.
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Pillar of the Community
United States
1283 Posts |
OK, one more. I have a shot at an ebay SVDB, ANACS AU-55, old holder problem free. The pictures are really blurry, but they offer a 7 day return policy. Typically blurry pictures can be had at a discount. Grey Sheet on "AU" (I'm assuming 50) is $1175.00 ask. So my question: if you were looking for an AU SVDB, and someon called you offering it blind (AU55 in old ANACS slab), what's the most you would pay without seeing it? PS: please don't bid against me!  Edit: And oh, yeah. There's some nice stuff on Heritage closing in about a week. Edited by USArmyParatrooper
07/04/2007 01:01 am
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Bedrock of the Community
United States
20753 Posts |
I have a shot at an ebay SVDB, ANACS AU-55, old holder problem free. The pictures are really blurry, but they offer a 7 day return policy. Typically blurry pictures can be had at a discount. Grey Sheet on "AU" (I'm assuming 50) is $1175.00 ask. So my question: if you were looking for an AU SVDB, and someon called you offering it blind (AU55 in old ANACS slab), what's the most you would pay without seeing it? Edit: And oh, yeah. There's some nice stuff on Heritage closing in about a week. Tuff decision. Unfortunately using the internet with purchases of well into the thousand dollar range scares me. a 7 day return policy is useless if the person vanishes or just says to bad. If you can't really see the coin, your taking a chance of the grade. ANACS is not high on my approval list of a grading system. If in fact the coin is an AU grade, not a bad price. If anything less in grade, poor price. Not sure if there is postage, handling, insurance thrown in and if so that too may increase you cost. This is naturally the problem of not having numerous coin shows in your area. I really like to see what I am buying and if over even $100 I still want to see the item. |
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Pillar of the Community
United States
936 Posts |
I recently got mine for $1,200. It is an PCGS XF45. I paid a little to much for it, but it was well worth filling in that last hole!
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Valued Member
United States
146 Posts |
You could make out good if you buy it, in that grade and red brown its wortyh $2000.There is a great magazine called coin worlds coin values, it shows all the values for coins from MS60-MS70 and shows the value of the color of the coin like MS60 REDBROWN,BROWN,RED.ALL of the values, the magazine is $4.99 you can pick it up at any Borders book store.
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Pillar of the Community
United States
1283 Posts |
quote:
You could make out good if you buy it, in that grade and red brown its wortyh $2000.There is a great magazine called coin worlds coin values, it shows all the values for coins from MS60-MS70 and shows the value of the color of the coin like MS60 REDBROWN,BROWN,RED.ALL of the values, the magazine is $4.99 you can pick it up at any Borders book store.
Just a helpful hint, do NOT buy coins based on the pricing in Coin Values. It tends to be way over inflatet. Go with closed Heritage Auctions. |
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Replies: 14 / Views: 1,289 |
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Posted 06/28/2007 02:57 am
