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coin928's Journal

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You don’t always have to buy another coin to upgrade your set.

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coin928

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Every year around this time, I review my sets and pick one to focus on for documentation.  This year, the choice was pretty easy.

I completed my U.S/Philippines Ten Centavos set in 2016 with a very low grade 1915S that I had purchased as a raw coin ten years earlier.  At the time, a total of just ten 1915S 10 centavos had been graded by NGC, with only two of those grading above AU58.  The odds of obtaining an NGC graded 1915S were virtually zero, and raw coins didn't come up for auction very often, so I just decided to grade the only one I had.  Just ten days after it received a VG-8, a better looking raw coin came up for auction. I won it and had it graded in August 2016.  That same month, yet another raw 1915S popped up on eBay.  This one was much better looking than the one I had just sent for grading, so I bid aggressively and won it.  This third coin now resides in my set with a grade of AU55.  The current total population is now 13, so these three coins have been the only additions in the past 3 years.  I have acquired one more raw example since then, but have yet to have it graded.

I’ve been able to upgrade seven other coins since then, one in 2018, and all of the rest in the past 6 months.  Six were upgraded to MS65 and one to MS66I acquired a very nice looking raw 1904 in August for a good price on eBay and it far exceeded my expectations when NGC graded it MS66.  Getting back to the title of this post, I had added an NGC MS64 1907S to my set in 2013.  That grade always seemed very conservative to me, but it wasn’t until this year that I finally decided to have it reviewed.  Sometimes your best upgrade is already in your set.  (Before and after photos are below)

There is now a full description for the set and all 30 coins have two photos and date/mint/coin specific information.  More upgrades are possible, but I expect they’ll be coming a lot less frequently.

Thanks, for reading.

0100_1907S_10Centavo_NGC_MS64_20130512-07_4_front.thumb.jpg.bc54da0dacefc5ed5e5bf4cabba75007.jpg0100_1907S_10Centavo_NGC_MS65_20130512-07_4_front.thumb.jpg.1da5e5074e4c6375eb60f92b6c87b77e.jpg

0100_1904_10Centavo_MS66_20190804-01_4_front.jpg0100_1904_10Centavo_MS66_20190804-01_5_back.jpg

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Very nicely and cost-effectively done. Most often, I never think of submitting the coins I already own. The last time I re-submitted a coin it was a nice MS-64 1917 Standing Liberty Quarter that returned the same grade. I have a quick question though, did you crack out the 07-S before you resubmitted it? Did you ask Mark Salzburg his opinion on resubmitting at the ANA WFM? Gary

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Hi Gary,  This is one that I showed to Mark Salzberg last August in Chicago.  Meeting with him at his "Ask the Expert" sessions has generally been the best 5 minutes of the ANA WFM.  There was a good crowd this year and people really took advantage of the opportunity.  Mark didn't explicitly say that it would upgrade, he just said it would look better in a new holder and that it might upgrade.  And no, I did not crack it out first. As a matter of fact, I've never cracked one out before submitting for a regrade, but most have been reviewed by Mark first.

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Left unsaid is the fact that the re-holder put your coin into the new kind of case where we can see the rims and deal less with obstructive foam shadows around the edge.

I send older NGC coins back for a reholder based on that alone, without expecting an upgrade.  It's also an excuse to break them out and video them before they get back behind the plastic.

I just discovered these PH coins a couple years ago when I started putting together a set of coins from every country of 1916.  For 1916 the biggest PH one you can get is the 20C.  Those are a tough date but they are around on Ebay and auctions - for a lot in the higher grades.  Mine is AU details hairlines and does not have the luster or color I want.  I recently gave my buddy a 1911 PH peso on range day since he is himself of PH descent, and into handguns.  It's a great-looking huge silver USA coin that most people don't know exists

 

 

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Good story / post.

One of these days, if I ever complete it, I'd like to re-holder my 10G set to make them all match. I think some of my coins in old fatties might pick up a point if I try for it at that point.

Tracking down an 1880, 1885 and 1886 for that set is... Not trivial.

Edited by Revenant
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7 hours ago, deposito said:

I just discovered these PH coins a couple years ago when I started putting together a set of coins from every country of 1916.  For 1916 the biggest PH one you can get is the 20C.  Those are a tough date but they are around on Ebay and auctions - for a lot in the higher grades.  Mine is AU details hairlines and does not have the luster or color I want.

It's interesting that you mention the 1916-S 20C.  I acquired a raw one last year for a reasonable XF/AU price and had it graded in August 2018.  It turned out to be one of my most satisfying acquisitions.

3209817_Full_Obv.thumb.jpg.08680e80c6a29d799d9a715440fc19fa.jpg

 

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I'd like to one day send in all my thai  coins/world crowns to get reholdered/add my daughters name on it: xxxx collection. Maybe  I might get a few upgrades!

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Hi Mike here. I collect coins from the Philippines. The 1945 D  had two D D. One was the mint mark. The second was the complete reverse of the coin. Worse than the 55 cent. I ordered two rolls from a company. I liked the history behind them. Someone at the company didn't do there homework. When I opened the roll I could not believe my eyes. I sent one to the ANA. They were just as shocked as I was. No one had seen these.. One night I was watching two on Heritage House auctions. Someone herd of them. One sold for over four thousand and the other 3600.00. The one that sold for four thousand was a MS 67 so we're mine. The roll. I found one on eBay selling for eight thousand.The same grade. When I called Heritage House they said with mine there are less than thirty left. I'm still debating to sell now or later. By the way the employee was tired for not checking the rolls. There great coins. Thanks for those pictures and the journal. Mike

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1 hour ago, MIKE BYRNE said:

The 1945 D  had two D D. One was the mint mark. The second was the complete reverse of the coin. ... When I called Heritage House they said with mine there are less than thirty left.

Hi Mike,  There are currently three cataloged 1945-D ten centavos with Allen variety numbers.  These are all recognized by NGC in their Variety Plus.

There are also two more doubled die reverse varieties and one more doubled die obverse that will be added in the 8th edition of of the Allen catalog

  • 9.05d - Doubled Banner on reverse
  • 9.05dd - D/D RPM and Doubled Banner on reverse
  • 9.05e - Doubled Die obverse

Now you can go back through all of your 1945-D ten centavos again and see what else you might have. ;)

You're very lucky to have found a 9.05b in such a high grade. I'm assuming that yours is one of the four certified in MS67 (NGC:3 & PCGS:1)  It is not however as rare as Heritage told you.  NGC has graded 21, PCGS 70, and ANACS 6, for a total of 97. There may be some crossovers, but it's still substantially more than 30.  That's only coins that have been certified and doesn't include details grades.  It's hard to know when to sell, but in this case I'd go with sooner rather than later.  The price will only go down as more are graded. At one time, my MS63 was the highest graded by NGC.  It wouldn't sell for anywhere near as much today as it would have 12 years ago when I had it graded.

Good luck variety hunting!

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On 11/11/2019 at 7:18 PM, coin928 said:

It's interesting that you mention the 1916-S 20C.  I acquired a raw one last year for a reasonable XF/AU price and had it graded in August 2018.  It turned out to be one of my most satisfying acquisitions.

3209817_Full_Obv.thumb.jpg.08680e80c6a29d799d9a715440fc19fa.jpg

 

well done on this 20C !  That must be a good feeling.  I have seen notes about the "tilted" varieties, but am not advanced, I just want a shiny one.  Yours has some nice blue towards the bottom

 

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Mr Coin you seem to know a lot about this area - any leads on a real nice 1/2 cent or larger denom from 1916 of Dutch East Indies ?

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13 hours ago, deposito said:

Mr Coin you seem to know a lot about this area - any leads on a real nice 1/2 cent or larger denom from 1916 of Dutch East Indies ?

I can't help you with that one. My main focus is on world coins minted by United States Mints.  I've got plenty of 1945P half cents though since that's the only year the U.S. mint struck those coins for the Netherlands East Indies.

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