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04-20-2009, 05:21 PM
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#1 (permalink)
| | Junior Member
Join Date: Apr 2009
Posts: 4
| 1916 DDO Nickel, how much?
I need a little help in buying a 1916 Double Die buffalo nickel, NCS Good details, marked "improperly cleaned". It presents well, it just has a few hairlines on the obverse, mainly visible under magnification, I'm surprised NGC wouldn't grade it, maybe they would on resubmission? What would be a low, mid and high price for purchase? Thanks.
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04-20-2009, 06:21 PM
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#2 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 7,472
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I recommend going to heritage and checking auction results. The prices are all over the board - plus you can compare the coins to get an idea of the price range. Heritage is free to join and easy to search and an excellent place for research.
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04-20-2009, 10:09 PM
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#3 (permalink)
| | Supporter**
Join Date: May 2008
Posts: 1,931
My Mood: | Quote:
Originally Posted by 72boss I need a little help in buying a 1916 Double Die buffalo nickel, NCS Good details, marked "improperly cleaned". It presents well, it just has a few hairlines on the obverse, mainly visible under magnification, I'm surprised NGC wouldn't grade it, maybe they would on resubmission? What would be a low, mid and high price for purchase? Thanks. |
It says improperly cleaned for a reason. Stay away from it.
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04-21-2009, 08:15 AM
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#4 (permalink)
| | 50 Years and Still At It
Join Date: Jun 2007 Location: Maryland
Posts: 2,931
My Mood: |
If you buy a coin with a problem, then you own a problem coin.
The problem won't magically go away.
I won't intentionally buy a cleaned coin.
I got stuck a couple times, but that was my fault for not being more aware.
__________________ ANA Member APS Member ARA Member Be yourself ... everyone else is already taken. |
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04-21-2009, 10:26 AM
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#5 (permalink)
| | numismatist
Join Date: Apr 2007 Location: aliquippa, pennsylvania
Posts: 1,545
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....yeah, but we're talking a 16 DDO BUFF!!
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04-21-2009, 10:50 AM
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#6 (permalink)
| | 50 Years and Still At It
Join Date: Jun 2007 Location: Maryland
Posts: 2,931
My Mood: | Quote:
Originally Posted by grizz ....yeah, but we're talking a 16 DDO BUFF!! | True.
But my collecting style is either fork over the bucks for a coin slabbed by a major TPG. OR
Do without.
I can understand that some people go with the philosophy that it's the only way they will ever own such a coin.
And I don't/won't put them down for that.
It's just not me.
Naturally that means I have some holes in my collections.
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04-21-2009, 11:03 AM
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#7 (permalink)
| | Numismatist
Join Date: Sep 2007 Location: Alabama
Posts: 3,523
My Mood: | Kanga
If it fit your budget and you are going to crack it out of the slab to fill some hole in you collection. I say go for it.
I know I can't dish out $400- $1800.00 at Heritage just fill a hole.
__________________ No one knows everything & I agree to disagree at times
***The only dumb question is the one not asked***
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04-21-2009, 11:20 AM
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#8 (permalink)
| | Junior Member
Join Date: Apr 2009
Posts: 4
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Hertaige shows some similar coins in the archives, but nothing very close, just not a lot out there. Recent sales include PCGS VG8 for $4900, PGCS G4 for $4000, NGC G6 for $4000, NCS VF details "repaired, improperly cleaned" for $3800, ANACS VG details net G4 corroded (2004) for $1600. I was thinking around $2000-2500 tops, what do you think?
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04-21-2009, 11:31 AM
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#9 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 7,472
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One of the reasons I recommended you look at heritage to me I would have to see the coin in hand. If it was a light cleaning the 2500 might be okay, if it was a real harsh cleaning or polishing then $2000 might be way to much.
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04-21-2009, 11:50 AM
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#10 (permalink)
| | 50 Years and Still At It
Join Date: Jun 2007 Location: Maryland
Posts: 2,931
My Mood: | Quote:
Originally Posted by jello If it fit your budget and you are going to crack it out of the slab to fill some hole in you collection. I say go for it.
I know I can't dish out $400- $1800.00 at Heritage just fill a hole. | If I buy a coin in a slab, it stays in the slab.
That would leave a hole in an album, but I can live with that.
My Morgan albums have lots of holes because many of the coins are in slabs.
Again, that's the way I prefer to collect.
And I know that's not for everyone.
__________________ ANA Member APS Member ARA Member Be yourself ... everyone else is already taken. |
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04-21-2009, 11:54 AM
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#11 (permalink)
| | Numismatist
Join Date: Sep 2007 Location: Alabama
Posts: 3,523
My Mood: | Kanga
I do the same thing.
__________________ No one knows everything & I agree to disagree at times
***The only dumb question is the one not asked***
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04-22-2009, 01:32 AM
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#12 (permalink)
| | Supporter**
Join Date: May 2008
Posts: 1,931
My Mood: |
So many times we make impulse buys. No matter how you look at it a problem coin is a problem coin, PERIOD. Been there done that. I'd rather have a lower grade coin with no problems.
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04-22-2009, 11:00 AM
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#13 (permalink)
| | numismatist
Join Date: Apr 2007 Location: aliquippa, pennsylvania
Posts: 1,545
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........i want to place an emoticon right here, but i don't see any drop-down choices!!
........HOW'S COME??
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04-22-2009, 11:21 AM
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#14 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 5,247
My Mood: |
I don't know about that, but think. If you buy this coin, and later you want to upgrade it, how much are you going to have to discount your problem coin to get rid of it?
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04-22-2009, 05:23 PM
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#15 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 7,472
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On this coin - probably not much if any at all. It is not like these coins will come around in an affordable fashion all that often. It is not like we are talking a common date. Let me tell you if the right 1815/2 CBH comes along I would take it - even cleaned.
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