• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Coinbuf

Member: Seasoned Veteran
  • Posts

    6,820
  • Joined

  • Last visited

  • Days Won

    104

Everything posted by Coinbuf

  1. Last five PCGS auction data shown on the PCGS coinfacts page show a low of $159 to a high of $204 as the most recent auction appearance, retail prices would be slightly above these auction figures. Currently there are two listed on collectors corner, one at $190 and one at $250, neither of these are CAC approved.
  2. CAC lists this as $234, and it is a pop 1 at this grade level with CAC bean. You can always check the CAC price guide on the CAC site, here is a link to the page for this coin. CAC pop report
  3. You are looking in the wrong place, ebay is the ultimate dumping ground for common date common garbage. And you left out raw coins, how many raw coins are listed on ebay today? CACG is still new so there is not a lot of material to clog up ebay just yet. My view from the sidelines is that while there is some premium for the common stuff in CACG holders, the real action and premiums are for the gem (MS65) and up material. Still as a business man I'd take any premium over none. That doesn't mean that CACG graded material will double or triple the price of P or N graded coins, but 10% to 20% more is not unusual. As a coin dealer if you factor in the new low cost submission tiers at CACG for sub $500 Morgan dollars, plus a modest premium of say $10 a coin, the savings and/or gains over time could add up. Still early in the game, two years from now will be the time to look at premiums and volume of coins on sites like ebay, GC, FB and others. Your argument is the very similar to what coin dealers said when TPG's were just getting started. Won't work, collectors don't want coins in plastic, blah blah, looks like they were wrong back then.
  4. It looks like a scratch from the photos to my eye, I suggest that you contact the seller and ask for confirmation before you buy. If the seller is unable or unwilling to answer your questions, that will in fact answer your question and you should continue to keep looking.
  5. Welcome to the forum, just a damaged coin. Some damage we can call out when it is decipherable, but this is just random damage that could have come from any number of things, intentional or not. In the future please provide cropped photos of both sides of the coin when you have a question.
  6. If you can return the coin to whomever you bought it from that would be your best option. If you bought this for a specific reason and wish to still keep it then you can always get an inexpensive plastic holder, like a Kointain, and enjoy the coin for what it is.
  7. That pebbly texture is a sure sign of acid reduction, a mild acid like acid used for swimming pools can do this.
  8. Looks like a truck stop novelty type coin. For sure was not made at the US mint and has no collector value.
  9. Proofs are difficult to grade from photos, it is very easy to hide hairlines as Roger has shown in his post above. My bet is that while the op's photos make it look undergraded, and in hand inspection would confirm that the grade is correct.
  10. As already noted if your concern is the color and texture of the coin it has been cleaned and the original mint luster stripped off. This was already a coin of little collector value, but it now has no collector value. If there is something else you are wondering about please be more specific as we do not read minds.
  11. This coin looks to have real promise for a DDO, as you noted there is no listing at VV. I also checked Wexlers and do not see any listing for an 84-D on there. I suggest that you post this on the CONECA forum for review, if they feel it has merit they will advise you on how to submit for review and as a possible new DDO. Here is a link to the CONECA forum. Link
  12. 100% heat damage, there was another new member who posted with a very similar dime to yours, same diagnosis See this link. Welcome to the forum.
  13. All 1921 Peace dollars were struck in high relief, this was not successful as the coins did not strike up well and the dies did not survive or last well. As a result for all subsequent years of Peace dollar production the relief was lowered.
  14. There was a lot of back and forth and photos being posted to that thread with lots of commentary so yes threads that long can get confusing as side discussions or sideways comments can make it difficult to follow the main thrust. And yes there is (imo) going to be some variation in quality and grade between the crossover legacy coins and coins that are simply graded on the coin's merits, lets dig a bit deeper to find out why. Let's go back and revisit the initial purpose of the CAC bean, as I said before the point of the bean was a way for JA to have an in hand pre review and identify (sticker) coins that he would like to buy and resell. Thus, he was not grading those P or N coins, simply picking out coins that he felt were the best so that when or if they showed up for sale he would attempt to purchase those coins. So because the goal was different for beaning, there must be a few market graded coins from both P and N which have received a bean, and the reality is that there could end up being Legacy coins (those coins that can be identified with the L on the label) that might grade lower if cracked out and sent in raw. Now I think the number of coins that will fall into this middle area is going to be small, as I think JA has been very consistent in not awarding beans to slider coins that do not hold up to his standards of uncirculated condition. But during the past 16 years that the bean factory has been operating basic statistics suggest that there have to be a few market graded coins which have slipped thru and received a bean but would be graded lower if submitted raw to CACG. Those are the coins that will be confusing and will be the coins that the CACG haters will look for and use to demonstrate inconsistencies in CACG grading. I don't see this as stranger, and I think you are taking a few examples and blowing them out of proportion. The sticker factory has only reviewed a very tiny percentage of coins that are eligible to be reviewed and of course we have no real idea of just how many have failed for surface issues like rub. Let's not forget that both N and P have been churning out market graded coins for at least a couple of decades if not three even. So that means there is a huge number of coins out in the marketplace where CACG might disagree with the market grades and downgrade if the submitter allows them to, many of which have never been seen by CAC for a bean.
  15. To my eye it looks like a small piece of lint that could have landed on the coin during the encapsulation of the coin, that has happened before. Are you sure it is metal and is on the coin inside the plastic? I ask because I have seen a few instances where someone had something on the outside of the plastic but mistook it for being on the coin, those proof surfaces can sometimes cast shadows and trick the eye.
  16. You can add PCGS world coins to your inventory if you use the old registry system found at this link. Old registry system It's a bit clunky to add world coins but everything you need is there. The old system uses the same login name/password as you use here. You can add any coin, US or world, certified by any company, raw, token, whatever you have by using the old system which allows you to use that as an on-line data base of all your coins. As you already know you cannot use anything but NGC graded coins in the NGC competitive world registry, however, in the old system you can setup custom sets and use any coin in your inventory. Hope that helps.
  17. Welcome to the forum, your photo is slightly out of focus and I cannot tell what you are looking at. Perhaps someone else can.
  18. That thread was started a couple of weeks ago and I do not recall every comment, but from my memory your statement is incorrect. I do not recall a single comment where anyone claimed to have sent a beaned P or N coin for crossover that was downgraded. If you want to sift back through that thread and find one I welcome your correction, every coin that Rexford (the guy who claims to have been a grader at PCGS) posted had not previously been beaned. And the one PCGS coin with a bean that I recall him posting was posted as a reference example not as an example of a beaned coin crossed at a lower grade. My opinion is that every coin that Rexford posted which was downgraded by CACG had to have been submitted raw or as cross at any grade and none of those he posted were previously beaned. When you submit coins for crossover (at any TPG) you have the option to choose cross at grade only (or higher) or at any grade. Some people like to roll the dice and will chose cross at any grade, but that is a gamble and one that doesn't always pay off as we know. Notice that the guy in the video never identifies how those coins were submitted, nor does he ever mention that any of those coins in the video were previously beaned. What I do know is that none of the CACG holders he shows in the video has the "L" on the label to signify that these were previously beaned coins (called legacy coins at CACG) submitted for crossover. So those coins in that video were not previously beaned and either cracked and sent raw or submitted as cross at any grade, as that information was not supplied in the video we don't know. I do not remember seeing a single example posted anywhere of a previously beaned coin submitted for crossover that was downgraded or refused to cross at grade. I just know that it can happen if the coin has changed or turned in the holder since it was seen and given a bean.
  19. Yes it is true that JA has expressed that opinion on the CAC forum, and it is not just the cost of the sticker review, postage both ways can be quite expensive even for a group of low or modest value coins. In the beginning most were selective in what was sent to CAC, however, as the market for beaned coins has picked up and prices for even rather pedestrian coins with a bean have risen, many have begun to send in everything but the kitchen sink to see what sticks. While I cannot say this for sure, I have a feeling that this may have played a small role in JA's decision to open a TPG. My unsubstantiated conclusion was further validated recently when CACG announced a very low priced economy grading tier for Morgan and Peace dollars of $15 per coin for coins with a valuation under $500. Yes it is true that for any wealthy collector the cost of a bean (including the shipping) is of little concern or consequence, however, JA's rational shows just how much he cares and is concerned with the average joe type of collectors, imo. No that is incorrect, a coin with a bean will cross at the same grade (or potentially higher) unless the coin has degraded in the holder. This is most likely to be the case with copper which may have changed color, example, the holder says the coin is red but the coin has clearly mellowed and is now a red brown color. While less likely but also possible a silver or gold coin that could also have turned in the holder since it was stickered. That is the only reason a P or N graded coin with a bean would be rejected for direct cross, and this is not a change that has been the case since CACG started operations. Yes that thread ats and the comments from a former P grader in the thread was very reviling and pulled the curtain back on TPG market grading. I have no doubt that JA knew CACG's stance on rub would "rub" some dealers and collectors the wrong way.
  20. I'm sorry but your coin looks nothing like an as new mint state 1881-O Morgan dollar looks like. Your coin has seen some circulation and/or mishandling in its past and would grade either low AU and possibly cleaned and is worth $30-$40 far less than the grading fees. On the positive side by posting this before you attempted to have it graded you have saved yourself the fees and the anguish of getting the bad news on the grade later.
  21. I'm not really sure what your point is, the Sheldon scale goes from 1 to 70 for both MS and proof.
  22. Welcome to the forum, this section of the forum is for members to buy and sell items, you should use the newbie or US/world sections when seeking advice. I have flagged the mods to have this thread moved to an appropriate area, please do not make a new duplicate thread as that will only be confusing. First and very important is do not attempt to improve or clean any of the coins, that could easily ruin any collector value the coin may have. Second it is not possible to answer your question in any detailed way without more information, are you a collector or did you just buy this lot out of the blue, what dates, what countries, what denominations, circulated or mint state? All that information and more will be needed, in the absence of additional information all anyone can do is give you some very basic and general advice. I suggest that you look for any coin shops around you, contact that shop(s) and see if they are able to review your coins, not every small coin dealer has the expertise to do an evaluation of world coins. Remember that you will need to pay for this service so inquire how much that will cost. If you are not a collector something that surprises many non-collectors is that even very old coins do not always equate to expensive coins. Said another way, just because a coin is old does not mean it is automatically valuable, this is especially true with many world coins. I say this so that you don't have your hopes up to high and are disappointed with a much lower valuation. As a result many old coins, both US and world, are not worth sending to a TPG like NGC for grading. If you post some clear in focus cropped photos of a few of the coins you have I'm sure that one of the world coin collectors or dealers that are members of the forum can help you with both identification and a ballpark valuation.
  23. Two grading opinions separated by 5 grade points.