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1929 Small Cent High 9

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Valued Member

Canada
109 Posts
 Posted 03/25/2015  12:06 am Show Profile   Bookmark this topic Add jerry to your friends list Get a Link to this Message Number of Subscribers
I now what I want for X-mas....

281626981800
Valued Member
Canada
160 Posts
 Posted 03/25/2015  12:22 am  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
The black dots kinda ruin it for me!!
Valued Member
Canada
109 Posts
 Posted 03/25/2015  12:48 am  Show Profile   Bookmark this reply Add jerry to your friends list Get a Link to this Reply
The thing about extremely rare coins is sometimes you just have to take what's available as you may NEVER get another chance....!
Valued Member
Canada
160 Posts
 Posted 03/25/2015  01:21 am  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
True but the option to buy a lower grade that has nice eye appeal is and always will be a option. And in this case I would use that option. Like they say buy the coin not the holder and that to me applies here (this is a lot of money... better to buy one that will truly make you happy for the right price of course).
Edited by redcentcollector
03/25/2015 01:22 am
Valued Member
Canada
109 Posts
 Posted 03/25/2015  04:16 am  Show Profile   Bookmark this reply Add jerry to your friends list Get a Link to this Reply
"Buy the coin and not the holder"...!
I never understood that ridiculous statement. The whole point of TPG services was/is to help protect the 95% of collectors/dealers that can't grade but think they can. To ignore the holder negates this and quite frankly makes no sense to me whatsoever. I'm very suspicious of a dealer that would state such a ridiculous comment as it's TPG that allows them (dealers) to have any business at all.
Further,If eye appeal is the centerpiece of the assumed grade sure buy it because you think it's pretty but eye-appeal isn't grading-only part of it. TPG is the only impartial hands off qualifier you can trust on the internet without a conflict-of-interest. Yes you can buy a lower grade-you get what you pay for.

As for this coin, there are only a handful out there at this level and as with many other rare pieces I've seen most disappear for generations...
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 03/25/2015  09:37 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
I'm very suspicious of a dealer that would state such a ridiculous comment as it's TPG that allows them (dealers) to have any business at all.


Actually, it is the other way around... it is the dealers, that keep the TPG companies in business... one of the most successful dealers out there (now retired) was Bob Armstrong - he knew how to grade and didn't waste his money with TPG companies, he didn't have to...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 03/25/2015  09:57 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Correct and I know of at least one place that used to pay B.A. to grade their stuff!

Still see some of their stuff with his writing on it... if/when possible I try to pick the odd piece up as I know they're very conservatively graded
Edited by AgCoinAu
03/25/2015 10:04 am
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Everest's Avatar
Taiwan
606 Posts
 Posted 03/25/2015  10:59 am  Show Profile   Bookmark this reply Add Everest to your friends list Get a Link to this Reply
The door swings both ways with dealers and TPG's. They both
have mutual interests.
Bob Armstrong was a gem of a dealer. I purchased more than
a few coins from him before and after certification. Mostly
Geo VI material and all raw and conservatively graded IMO.
He was my first stop at the old TOREX venue. It was always
nice to chat with Mr Armstrong and his wife.
Now back to the OP. Good luck Jerry on your quest for a 1929
High 9 cent. You make some good points. It can be a tough
call sometimes on when to pass on a coin or not.
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Alexer's Avatar
Canada
2632 Posts
 Posted 03/25/2015  11:34 am  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
Whats ridiculous is buying the holder not the coin. You could send it to several TPGs and get a different grade from all of them. If you spend thousands on a coin that was graded to high you just lost a big chunk of your money, then what? You just bought yourself a high priced garbage bag.
I find it much easier to spot a higher grade then to determine the lower grade. Its not rocket science if your picky and observant.

just my opinion.

added
Sorry I looked at the coin but forgot to comment.
I'm with Smallcentguy on this one and I think the grade is a bit high.
Edited by Alexer
03/25/2015 12:22 pm
Pillar of the Community
Canada
1984 Posts
 Posted 03/25/2015  11:50 am  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
Back on the coin though......one of the highest graded, but doesn't look all that red and has the nasty spot. Not worth remotely close to the asking price IMHO.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 03/25/2015  11:54 am  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
spp Ottawa, is there any added value to a coin still in a bob Armstrong flip?
Feel free to call me Will.
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M_d_in_guy's Avatar
Canada
1049 Posts
 Posted 03/25/2015  12:49 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list Get a Link to this Reply
I have to say I am having a really tough time finding an MS63 in this coin, there seems to be quite a few rim dings as well as dings on the portrait, where is any lustre. My opinion of course but something seems wrong here. Cheers.

So if this one is MS63, my 29 must be MS67 as it is spotless red brown with high lustre.
Edited by M_d_in_guy
03/25/2015 12:53 pm
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Wade's Avatar
Canada
2781 Posts
 Posted 03/25/2015  2:29 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply

Quote:
The whole point of TPG services was/is to help protect the 95% of collectors/dealers that can't grade but think they can


those people don't need protection, they need education.

there just aren't words to describe anyone who spends $4000 on a coin without being able to grade it for themselves
Pillar of the Community
Canada
1984 Posts
 Posted 03/25/2015  3:11 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
"there just aren't words to describe anyone who spends $4000 on a coin without being able to grade it for themselves"....

I know lots of people who are willing to spend $100,000 on a car but don't really low how to drive.....
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 03/25/2015  3:29 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
is there any added value to a coin still in a bob Armstrong flip?


Yes, there are bucketloads of knowledge there...if you see a coin in a Bob Armstrong flip, read the grade, and then study the coin...

Monetary value... no...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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thedollarman's Avatar
Canada
4911 Posts
 Posted 03/25/2015  3:42 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
okay, thank you.
Feel free to call me Will.
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