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Thoughts On This One, Would You Buy It?

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srs77's Avatar
United States
3123 Posts
 Posted 08/24/2015  1:30 pm Show Profile   Bookmark this topic Add srs77 to your friends list Get a Link to this Message Number of Subscribers
This is not a coin I own but am amazed by it. It's graded PCGS MS-63. What are your thoughts on this coin and what do you think it's worth?

Thoughts-On-This-One,-Would-You-Buy-It?

Thoughts-On-This-One,-Would-You-Buy-It?
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moxking's Avatar
United States
17900 Posts
 Posted 08/24/2015  1:50 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
1940-s PCGS sells consistently in the $60-$70 range. Occasionally $10 less for an ugly one, and occasionally $10 more for a beautiful one.

I think the bulls eye toning, especially the rich red and orange color, is magnificent.

I would be a happy buyer at the $70 price, and you could probably get another $10 out of me if I had it in my hands and it was singing to me.
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edweather's Avatar
United States
7375 Posts
 Posted 08/24/2015  1:56 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Not sure what toning looks like in hand, but if it looks anything like your pics, maybe $80 max which is $15 above full retail. But, I'm pretty cheap and probably wouldn't pay the premium for the toning.
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 08/24/2015  1:58 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I would if the price was right

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 Posted 08/24/2015  2:02 pm  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply
These are my thoughts...

I am not a fan of toned coins. This coin has what I was taught is called album toning, I can accept that.

I am not a big fan of Walking halves. And this coin is the poster child for why.

If one likes these and likes toning then this would be a nice coin.
For me it missing too much detail and left in a poor environment too long.
I do not think I would be willing to spend MS 63 money on it.

Just my thoughts.
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srs77's Avatar
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3123 Posts
 Posted 08/24/2015  2:02 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
There in lies my issue... The toning is gorgeous, even more so than the pictures show. However, his price is waaay to high. At least for me. He's asking $165.00 for it. I'd be inclined to pay some over retail for it but not that much. But, it's one of the prettiest toned coins I've been able to have in hand. I'll keep trying to wiggle him down, just not sure I can get him down low enough for me to stay married :)
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DeodatusAlp2002's Avatar
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 Posted 08/24/2015  2:16 pm  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
I would not even consider it. And for $165? No way!
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moxking's Avatar
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 Posted 08/24/2015  2:47 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
They are asking a little more than 2X retail. I couldn't look at this coin, as nice as it is, and not think I overpaid if I bought it. I'd stretch to $100 if the toning is super beautiful in hand. But even that is a $20+ stretch.
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Imthealphaomega's Avatar
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3210 Posts
 Posted 08/24/2015  2:54 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
Most I'd go is $100 like moxking said I am willing to pay a slight premium for gorgeous toned coins but not over 2x retail
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srs77's Avatar
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 Posted 08/24/2015  3:07 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
I'm trying to get him down to $90. I can't justify even $100 for it. I can say, the toning is amazing and, in hand, the coin is beautiful. If I can't get it down that low then it's time to let it go..
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SsuperDdave's Avatar
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 Posted 08/24/2015  3:38 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
That is one out(expletive deleted)standing coin. Beyond gorgeous. I would not personally go 3x retail for it (nearly), but, you know, maybe I would. I'd be surprised if you get much wiggle room from the seller. If he knows the market for toners, he knows he'll get the price the moment the right person sees the coin.

Further, I believe the grade is heavily factoring the weak strike. Although little marks are to be seen, there is very little chatter which actually forms a visible distraction. In larger images I could see the chance of a case for MS64.
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T-BOP's Avatar
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18456 Posts
 Posted 08/24/2015  3:43 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Has anyone thought this could be AT. I'm up in the air with this one . Even album toning wouldn't be this extreme. If it was genuine toning, Wouldn't pay more than $70.
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Coinfrog's Avatar
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94367 Posts
 Posted 08/24/2015  4:57 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, I think it's fabulous. I'd like to have it around just to look at once in awhile. Personally, I'd pay the hundred for it.
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CalzoneManiac's Avatar
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2233 Posts
 Posted 08/24/2015  4:58 pm  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
I think this coin is undergraded. I'd say at least MS-64 tops on this coin, maybe even MS-65. If any of you experienced collectors find anything that would prevent it from getting a sixty-four or sixty-five please tell me.
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Coinfrog's Avatar
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94367 Posts
 Posted 08/24/2015  4:58 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
PS - Well, PCGS doesn't seem to think it's AT.
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 Posted 08/24/2015  5:21 pm  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply

Quote:
I think this coin is undergraded. I'd say at least MS-64 tops on this coin, maybe even MS-65.


Do you think this would make a 65? Or is it just the color that has you excited.

What keeps it at a 63 to me
Obverse: Small ticks inbetween the sun rays. A number of small ticks along the line of missing detail starting just below where her hand should be down to her knee. Overall strike weakness and lack of defined detail in the dress lines

Reverse: this is its better side. The main problem is its weakness in all the feathers and along the branch.

I think that any grade above 63 is a serious case of grade-flation. In my opinion this is a poorly struck coin, even for this series, and the coin does not display as a 65.

What is it that you think makes this a 65?

Edited to fix my typoing.
Edited by Tryna
08/24/2015 5:23 pm
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