GreatCollections bidders being........ GreatCollections bidders

For toned coin lovers, if the coin has good colors, why would you not want a photo of the coin showing the color. A great percentage of colorful coins show a full spectrum of color at any angle including straight down. Proof coins are more like your description, especially the Indian cent.

 

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That 1878 is....... wow. Not only is it a weirdly proportioned rainbow of colors, but it's also a woody. I'm not sure if woody proof Indians go for more, but to a wood grain collector it is a nice'n.

 

Items Missed by the Bidiots, Part 3

This one is the weirdest graded coin I've come across so far. It's graded AU58 RB by NGC, which proves my theory right that AU cents can have red or red-brown luster, but is also a steal for $7. Not gonna lie, I thought this one was gonna go for more because of the odd grade.


1983-D, MS66, $10 ($5 and 5), only bidder. CDNs of $18/24, so I think $14-15 is my range for this. Missed FB, so that may have held it back.


Can't forget this one. But, in other words, I think this is my very first formally recognized Colonial of any form, and it ends up as this! I was the only bidder at $98, for a total of $107.80 after the Buyer's fee. CDNs for F-12 are $200/260 and $150/195 for VG10, and $107.80 is a low-end price for an 8.

I don't think the really worn Hibernia penny I have is considered colonial, as it is not a Wood's issue.

Now onto the US Philippines, which are....... their own definition of underrated.


1938-M 10 Centavos, $33 w/Buyer's Fee, PCGS MS64, CDNs of $100/130.

1944-D 20 Centavos, literally a repeat from last week, just a different certification number. ANACS MS66, $55, only bidder, CDNs of $100/130. Having one of these beautiful white coins is great but 2 is even better.

This is a topic of huge debate. Above is a key date 1911-S peso, NGC AU details, cleaned.

Sales records are $250 for an ANACS AU-50 details example, which was also cleaned. A straight-graded NGC XF40 sold in October 2021 for $552 at Heritage, and a PCGS 45 sold for $504 in December of 2022, also at Heritage.

CDNs for a 40 are $550/725. I paid $160.60 for this, so I think I could stand to get $275 for this coin. Not expecting anything, but I am hoping that the US Philippines series will come to light outside of crazy rare issues like the 1903-S 50 centavos.

That is.... kinda it for this week, but if I find some goodies next time, I shall post 'em here!

 

I accidentally forgot to reply to several of these comments; hopefully I don't come across as ignoring, as I would never do that.

As for ANACS slabs, I like their grading in most cases. They attribute a lot of things that the top 2, especially PCGS, would be ashamed to touch, and they seem to be good with varieties like minor doubled dies and mintmark errors.

The problem is, some people jump to the negative when ANACS, ICG, and even NGC make mistakes on grading, whereas these "collectors" (let's call 'em PCGS loyalists) will brush off anything PCGS does mistake-wise. I've heard that over on the Collectors Universe forum, pointing out a single PCGS mistake could get you banned forever. We all make grading mistakes, and if we're spending our money on the coins, we have a right to point out those mistakes.

 

Might consider getting the Connecticut attributed. There are over 350 varieties and there is almost certainly more than one "Mailed bust left" variety.

It can be true. Shortly before I was banned they published a new set of rules for posting and one of them said basically "Thou shalt not criticize PCGS in any way, shape, or form!". I'm sure pointing out a grading error would be considered a criticism. I got banned for pointing out that that rule was likely to get me banned. Actually for saying that I would no longer post publicly but only by private messages, because I would surely run afoul of that rule. That statement got me banned.

 

Did we both get banned on the same thread there? The PCGS president posted a topic, something about "secret rules for posting", and I asked what their rules were for deleting entire threads that demonstrate they were wrong about something. Poof! Gone. Do not question the infallibility of PCGS. I recall there were several other people who got banned for posting on that thread. It was a setup.

 

Yes probably the same thread. They lost a lot of knowledgeable posters with that thread.

 

Over 350 types of Connecticut coppers alone? Wow. That's like a sibling to the California gold!

When I get it, it'll likely go with me to the LCS I take a lot of slabbed coins to. They might could tell me if it's a rarer Mailed Bust type, or, with my luck, a common one. I think they've only got 1 type of the 1786 mailed bust in the Greysheet, which I'll need to check.

I figure if I talked about Poor Consistency Grading Service on the CU forums in any sort of a way that could be seen as negative (i.e. that Morgan is easily a 64 but got in a 63 holder) to PCGS, I'd be gone before my next breath. One thing I like about CT is freedom of grading service speech. You can get people that buy any graded coin, raw coin enthusiasts, PCGS loyalists, and a lot of newbies - one thing we all do is keep each other in line, as even the moderators abide by the same rules as we do, which doesn't seem to happen on CU.

If only I could be a GreatCollections moderator with unlimited power..... LOL, they'd regret ever appointing me to do it. I'd be laughing my legs off at all the bidiots.

 

I still use ANACS for lower valued (not rare) coins. If a coin comes back from grading in a much higher grade than expected, you still have the option of crossing over at PCGS without cracking out your prize from the Cracker Jacks box. It took me a while to realize this........is the reason you don't see a lot of ANACS slabs graded gem or higher. (at least not on Morgans)

 

That could very well be the reason. I think a 65 is the highest ANACS grade I've seen for a Morgan; other than that, it's practically zilch.

If the collectors gave ANACS some more credit, they'd be valued just like PCGS or NGC.

 

Items Missed by the Bidiots, EXTREME Edition


1982 Zinc, MS67 RD - Made kind of an error when I mistook the CDNs for 82 coppers, but this is a CAC-graded piece, and if I watch my horses correctly it may even be a 68 in a 67 holder.

Definitely a PQ coin, considering I was sorta being a bidiot; well, if CAC Grading continues to persist with crazy prices, I should be good off. If it doesn't, I can always hope that people will go crazy over pennies now that they will be a thing of the 233-year past.


$16 for SIX Zincolns graded MS-64 RD. While not a rare, or very valuable grade, these usually sell like hotcakes on here, plus it's the first multi-coin lot I've sealed in a while, for just over $2.50 each.


This is the first ever Buffalo nickel I've gotten from GC, and only the 3rd graded one out of all the Buffalo nickels I've dealt with.

1924-S, NGC F-15 - $105.60 w/Buyer's Fee; CDNs of $130 vs $170

Any other time this would've gone north of $150 before the buyer's fee.

Last for tonight, but definitely not the least:

1963, NGC MS67 (old holder), CDNs of $100/130, $55 w/Buyer's Fee. It is a coin I can likely sell for a quick $80, as the ones interested in these generally pay about 15-20% back of Greysheet.

I don't know what the bidiots were doing, but they certainly didn't wanna clean house tonight. It was a battle worth entering because I didn't have to fight to win.

 

I saw a couple of items I was interested in today, but hard passed, way too much blood in the water with all the sharks swimming around. Sunday ending auctions are bad days for buyer bargain hunters, too much idle time on the "bidiots" hands. My best action and luck comes during weekday midday enders. I probably shouldn't disclose that though, I just realized a lot of sellers hang out here.

 

I watched some MS 67 Kennedy half dollars go for under sheet. I put in a bid but not strong enough. If I went higher, I figured it would be a challenge to resell and I did not like any of them enough to keep long term.

 

Aren't the midday enders just Buy It Now listings? That's all I've seen end then, maybe I'm wrong. I'll remember that though.

I have the same problem with quite a few of my coins from there. I don't mind keeping some of them, but most of them are ones I quickly resell - often for about 20% back of Greysheet.

Common date modern coins in high grades can be fun to collect, but from my experience are not easy sales. Some people at the shows look for months for something nobody is even close to having, since it's that high priced.

 

There are some items that can be quick sellers, especially if one has access to someone that you know will pay 10-15% back of sheet (and you got the item for less). But others are hit or miss. A silver Kennedy in MS 67 could be something that sells but eBay recent sales were sparse (only one sold).

 

Lack of sales for certain coins is a huge problem. The Greysheet may say it's a big amount, like a 1911-S US Philippines peso, which bids at $550 in XF-40, but if sales are only $200, then it's caution time.

40's and 50's proof coins are one area I've had good luck in, along with MS67 Roosevelt dimes, full-step Jefferson nickels, among other categories. The Buffalo in today's post really shocked me when I found out that I had won it; that's one prime category where the warriors hang out. Basically whatever I can make a few bucks on, I try to buy it - try, though, is a highly powerful word.

 

Actually, no. Not sure there is any reason to need an end date for a "buy it now". I'm not a seller (yet) but I believe the auction end date depends on how many days the auction runs, and what day it was begun. I think the seller sets the parameters when doing the listing. I may start selling lot's (rolls) of 20 circulated silver dollars online myself instead of giving them to LCS's at 23 a coin. That's no better than pawn shop pricing for coins that are not culls.

 

I thought you meant there were auctions that ended midday. From your comment, I must've taken it like that. Either way you're pretty good off selling the silver dollars on GC, the roll could probably go fit a good 600.

 

Auctions "can" end midday or 4am in the morning. It all depends when the seller posts their auctions and the length of time they want it to run. For example, if a seller is up at 4am and headed to work, and sets the time to run for 6 or 7 days, it expires at the same time of day as when the seller posted the auction, based on 24 hour day clocks.

What's GC's vig on their auctions? Do they direct deposit funds into your preferred bank account? How does that work? I need to look into this, this week is the first time I've paid attention to GC. Thanks.