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 Replies: 20 / Views: 3,043 |
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Pillar of the Community
United States
705 Posts |
Has anyone ever deliberately purchased a details coin(raw or graded) strictly based on eye appeal?
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Bedrock of the Community
13014 Posts |
Yes, there is a market for details coins otherwise they would just all be melted
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Pillar of the Community
United States
3479 Posts |
Not sure if this helps but I've noted a trend just recently. I've found that some of the most active and watched coins on Heritage are details graded coins with questionable color designations. I'm not sure if this is caused by speculators hoping to crack them out and resubmit or crack and sell raw but the trend is undeniable.
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Bedrock of the Community
13014 Posts |
Quote:
Not sure if this helps but I've noted a trend just recently. I've found that some of the most active and watched coins on Heritage are details graded coins with questionable color designations. I'm not sure if this is caused by speculators hoping to crack them out and resubmit or crack and sell raw but the trend is undeniable. Questionable color has always been the best case scenario for a details grade, especially when it's still attractive. As long as it's not something atrocious on copper they've always sold pretty well |
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Pillar of the Community
Canada
5240 Posts |
Sometimes coins get "details" grading incorrectly or maybe it is visually rather insignificant. A "details" designation by a TPG is not the last word on any coin. |
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Pillar of the Community
United States
4085 Posts |
Absolutely. And then I usually crack it out the slab and put it in one of my albums. I haven't done this a lot, but there's a few sprinkled in my collection.
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Pillar of the Community
United States
5825 Posts |
Quote:
Has anyone ever deliberately purchased a details coin(raw or graded) strictly based on eye appeal? On eye appeal? No. But I bought a raw coin because it is a scarce variety and I knew would be labeled DETAILS. And I had it slabbed so that the variety attribution would be authenticated. And, yes, it's now in a DETAILS holder. |
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Pillar of the Community
 United States
6514 Posts |
Great question.  |
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Pillar of the Community
United States
7375 Posts |
Sure, some nice coins get overlooked because of "details," when the damage isn't that bad. You can have two coins with fine details, and one can be horrible, and one decent looking.
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Pillar of the Community
United States
7191 Posts |
This one is in a details scratched PCGS holder, I found it attractive.   |
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Pillar of the Community
United States
747 Posts |
To me, a details coin for my collection takes the place of a couple I could not afford otherwise. While alot of ppl look down their nose at them, I enjoy having them, they are still survivors from the melt pot, and they are still history regardless of how they were treated before I was born. To each his/her own!
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Pillar of the Community
Canada
3733 Posts |
yes I have also purchased, details/ cleaned and re-toned coins. and I am happy with them.
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Rest in Peace
United States
18456 Posts |
If you need a specific coin to complete a set and It's in a details holder ,then why not go for it if the price is right .As long as the coin has a decent eye appeal .  |
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Pillar of the Community
United States
8715 Posts |
It all depends on whether you like the eye appeal and price.  |
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Pillar of the Community
United States
3343 Posts |
In trading with seated specialists for decades, I've bought and sold a lot of details coins. For instance, early San Francisco pieces are scarce and motley. I'd guess that at least 75% of them are details coins, for every possible reason. Very few of them are what anyone would consider appealing. They're collected for their history and scarcity.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
02/17/2019 9:05 pm
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Pillar of the Community
United States
591 Posts |
Yes, and I swore I wouldn't do it, but then, eventually, just figured, what the heck - due to eye appeal and the fact that this issue is typically fraught with a week reverse strike. I picked up a raw AU50ish 1923-S Mercury dime for the price of a VF25 (at one-fifth the price based on graysheet). The obverse mostly took the hit, a barrage of hairlines. I may place it in the kitchen window sill to see how it tones in time.   There was a funny comment I came across in a recent CDN blog entry called "3 Fast Ways To Lose Money Buying Coins", with number 2 being "Buy cleaned or damaged coins" (number 1 is "Don't check for authenticity of coins" and number 3 is "Pay more than you should" http://blog.greysheet.com/3-fast-wa...uying-coins/"Cleaned or Damaged coins". stop the madness! I collect hammered and early machined European, United States, and other 16th through 19th century coins. If you purchased a 100-year-old automobile, you would expect it to have been cleaned and to have some damage. Same way with antique toys, artwork, stamps, sports cards, pinbacks, documents, pictures, photos, etc. But do coin collectors expect these antiques to have never been cleaned or have some damage? Obviously, coin buyers and grading companies do. That is why most of the coins I have submitted, even with the lightest cleaning and slight damage from circulation, come back with a "Details" grade. Get a life people.and don't bother to collect anything else that might be found in a museum or "history house", because, heaven forbid, someone might have dropped or cleaned it in the last hundred years! Edited by one_fine_dime
02/17/2019 11:01 pm
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Replies: 20 / Views: 3,043 |
Posted 02/17/2019 08:48 am
