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.
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.
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.
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.
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.
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?
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.
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.
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.
........i want to place an emoticon right here, but i don't see any drop-down choices!! ........HOW'S COME??
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?
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.
