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Would you NOT buy a coin because of unsightly tone - 1900-o/cc PCGS MS63 VAM 8

Started by jgrinz,

30 posts in this topic

cpm9ball

cpm9ball

Posted
Posted
I don't know how common the O/CC is, but if it is anything more common than very scarce (R-4+), I would pass on this one in an instant.

 

There are 10 O/CC's listed on VAMWorld and all range from R-4 to R-7.

 

Chris

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James_OldeTowne

James_OldeTowne

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I don't know how common the O/CC is, but if it is anything more common than very scarce (R-4+), I would pass on this one in an instant.

No question. It is flat-out ugly to my eye, from those images.

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BillJones

BillJones

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As a general variety, the 1900 O over CC is not that tough. I was a small dealer who was a generalist not a specialist in Morgan dollars. I handled two examples of this variety that were much nicer than this piece.

 

You can do better. Pass.

 

That stain will make the coin a bear to sell for a good price when the time comes, because you can find the coin without it.

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coinman_23885

coinman_23885

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Apparently I just did..

 

?

 

Oh just a dime I posted and you said it was gross...That one...

 

I didn't mean that to be offensive; I should have reworded my post. Nevertheless, the coin seriously looks like someone drooled on it (the dime you posted). That's why I said that it looked gross; I cannot imagine owning something that could potentially have remnants of biological debris on it.

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jgrinz

jgrinz

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Well It is as expected no other bidders but me :) - Yes I bought it. :makepoint:

 

It is an MS63 - VAM 8

 

8 III2 5 - C3f (O/O/CC Centered Shifted Left) (181) I-5 R-4/5

 

MS63 in an NGC holder would make it 1 of 8 with 6 finer

ANYONE have PCGS' population on this coin ??

 

:applause:

 

When I get this in hand I will decide what to do with it. If its a stain and I think I can sneak it into a 64 NGC holder with the stain gone by NCS I might try it.

I am wondering if PCGS would hold back a point on ugliness ... probably. The only thing that stands out to me besides the stain is a detail hold back with the two hits in the breast. :whistle:

 

I got it for about wholesale @ $575 - the range on pricing on these are all over the place with Numis retail is $740. :whistle:

 

Well I have 7 days to scope it or send it back. I will try to get better pictures when it comes in. :shy:

 

122046.jpg.eebcdfe16001aeffb006530c15177a57.jpg

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Dudley the 1st

Dudley the 1st

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This is but another situation where having patience is the prudent act. This Error/Variety is as was stated earlier not that difficult to locate in auction venues and conditionally better for the sum stated. That said, I hope the coin is all that the buyer expects it to be, in-hand. Congrats on your purchase.

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coinman_23885

coinman_23885

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Posted
I got it for about wholesale @ $575 - the range on pricing on these are all over the place with Numis retail is $740. :whistle:

 

Well I have 7 days to scope it or send it back. I will try to get better pictures when it comes in. :shy:

 

 

I'm glad that you purchased something that you wanted, but I will caution you on relying on Numismedia or any other price guide, especially in the current market. I am able to buy coins for prices significantly below the NGC Price Guide Value (e.g. 60-80% of guide). I have observed this trend with Morgan Dollars as well. I think you paid the coin's true full market value.

 

Finally, I don't think the coin, even without the stain, will end up in a 64 holder unless the photos are hiding a lot of luster. It looks dipped out to me. Good luck.

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jgrinz

jgrinz

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Pass...pass....pass.....all day long and twice on sunday :sick:

 

Bought bought bought :)

 

I think it is going to be better than expected. The stain may have to be addressed for my collection but VAM8 are a rarity 4/5

 

The mint mark is a 1900-O/O/CC - and is one of a few coins where it is documented on the holder as a VAM 8 ...

 

Its on its way - I guess we will see what it looks like under the scopes when it gets here.

 

You forget I am the guy who bought a coin from the stciker guy :) heheh

 

Have a nice day gents

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Keigwin

Keigwin

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If it's a stain it's not going away. Tarnish will dip off with eZest. But not a stain.

 

My guess is someone already tried dipping to remove the stain, at least once. And failed. I would not try anymore.

 

Yes, it will be held back because of the spot. Eye appeal is a grading factor. And because of lost luster.

 

If you love it, great! If you are on the fence you are unlikely to like it more, down the road.

Lance.

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jgrinz

jgrinz

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coin looks PL to me.

 

I can't tell if you are serious or making a joke, but that coin is nowhere near PL. Its not even semi-PL.

 

Yeah I agree no contrast at least from the pic's

 

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coinman_23885

coinman_23885

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no i was serious, the face and the eagle stand out like a cameo. maybe thats the the strong strike confusing me.

 

Proof like designations are determined by the reflectivity of a coin's mirrors. Even if a coin has a cameo appearance (which this one does not), it is not proof like unless it has met the threshold reflectivity levels. With this said, some proof like coins, like their proof counterparts, sometimes exhibit cameo contrasts and are highly desirable as such.

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