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 Replies: 13 / Views: 1,119 |
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Pillar of the Community
United States
1388 Posts |
Hey all, Spotted this Elgin half on ebay... it looks like it's seen some circulation, which is quite rare for this issue. What would you guys think the grade might be? Nickelsearcher's excellent commentary on circulated classic commemoratives has pointed out that the Elgin half is extremely rare in any circulated condition. Would this be a "Buy it Now" coin, that might not appear again? The seller doesn't accept returns, so I'm trying to gather as much info as possible. Thanks! TSS |
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Bedrock of the Community
United States
94367 Posts |
Need pics or a link to help.
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Pillar of the Community
 United States
1388 Posts |
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Bedrock of the Community
United States
10284 Posts |
I don't like it. Those black spots could be PVC damage too in my opinion. Shoot higher. I didn't look very far. And saw this one although it is MS65 334101869462Consider making an offer and the extra you would pay over that "clunker" would be worth your while and money. This is one commemorative I've got on my wish list but my buying has cooled off in 2021. There are probably a lot of better Elgins out there. Edited by TNG
09/03/2021 4:34 pm
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Bedrock of the Community
United States
94367 Posts |
Elgin is a comparatively inexpensive commem even in high grades. Why settle for this?
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CCF Master Historian of USA Commemoratives
 United States
12264 Posts |
Quote:
Elgin is a comparatively inexpensive commem even in high grades. Why settle for this? I had the impression the OP was working on a circulated set vs. a mint state set. But maybe I'm wrong... Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Bedrock of the Community
Australia
21786 Posts |
Seller's pictures not sharp enough to support the description. Can't accurately grade from these pictures. This problem happens a lot on ebay, unfortunately. |
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Bedrock of the Community
Canada
21600 Posts |
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Pillar of the Community
 United States
697 Posts |
Quote:I didn't look very far. And saw this one although it is MS65 334101869462Consider making an offer and the extra you would pay over that "clunker" would be worth your while and money. This! Night and Day! For no more than an extra $80, you end up with a very attractive coin for your collection that you will be VERY proud to own, and down the road easy for you (or your heirs) to sell, versus "the other coin". A day without fine wine and working on your coin collection is like a day without sunshine! My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set: https://www.PCGS.com/setregistry/ty...edset/213996 |
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Moderator
United States
15409 Posts |
The original circulated example shown has some unusual surface issues that might have kept it from being certified as problem free. That said, I do judge it to be authentic and mid AU grade - which as Silver Searcher correctly notes is a very difficult coin to find in the market. Quote:
I had the impression the OP was working on a circulated set
I believe that is correct commems. It is a challenging collecting pursuit primarily due to the lack of market availability of these tremendous coins in circulated state. Keep up the patience Silver Searcher, another one will come along someday and hopefully for your sake generally better surfaces with honest circulation wear. |
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Bedrock of the Community
Australia
21786 Posts |
Since most commemoratives are scarce relative to the huge numbers of business strike coins I can understand why a MS-65 example is only valued at $80 more than a good EF example. Since most commems never circulated, the most common grade for these should be at least be in the low MS range. That is why most collectors shoot for the highest grade that they can find, rather than what they can afford. My motivation is a little different. Since I am only aiming for a representative collection of a few of them, grade is not so important for me. To me, an ebay seller who will not accept returns is strongly waving a red flag. Better Elgins are not all that rare, such that another opportunity will come along, sooner or later.. Buying slabbed is a safer option, although not completely without risk. |
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Pillar of the Community
United States
1388 Posts |
Hi all,
Thanks for the wisdom! Nickelsearcher and Commems are correct, mostly. I wouldn't say that I'm working on a classic commem full circulated set, per se, but I am picking up select coins when I see them.
I really, really wasn't a fan of this Elgin half - nonexistent eye appeal and the spots that TNG spotted. I'm glad that someone else picked it up... maybe that's the coin for them. It really wasn't for me. I only considered buying it because that issue is so tough to find circulated at all.
I appreciate all of the advice! On to the next one.
A circulated set of these certainly takes a LOT of patience.... @nickelsearcher, it took you nearly a decade to complete your set? Or was it a bit less?
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Bedrock of the Community
United States
94367 Posts |
Thanks for the clarification. Agree this doesn't seem like much of a value for any kind of set.  |
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Moderator
United States
15409 Posts |
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@nickelsearcher, it took you nearly a decade to complete your set? Or was it a bit less? It was a long time - patience and perseverance being the key ingredients, along with an unwavering commitment to finding honesty circulated examples that were problem free. The majority of these tremendous coins were never released for circulation use - and as a result there is is tremendous and compelling collecting challenges to obtain honestly circulated examples The 'stoppers' in the 50 coin circulated type set are once in a decade coins - so extending my best of karma to you Silver Searcher in your pursuit. |
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Replies: 13 / Views: 1,119 |
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Posted 09/03/2021 3:04 pm
