Guys, Just picked up a 1914/3 Buffalo nickel in an old ANACS holder at EF40 for $480 on ebay. I saw the exact same coin (serial #) sold at Heritage in 2010 for $690. Red Book in 2010 was $850. Trying to define my thoughts on this. Either: 1) I got a really good deal on it 2) Newer error coins (1914/3 was discovered in 1997) are decreasing in price because more are being discovered and rarity hasn't settled 3) Trend is that people just really despise ANACS now-a-days http://coins.ha.com/c/item.zx?saleNo=1138&lotNo=7657 Kind of torn between all 3. Thoughts? Still awaiting it in the mail, but was glad to get a better photo of the coin on heritage before winning the auction. As I collect nickels and errors, and this was a hole in my collection, I'm glad to have one now. It has more contact marks than I'd like, but has good details. If I send it to PCGS, I'd expect that it should go at 35-40. Thanks! -snewman
Overall coin prices are down over the last couple of years. Of course there are exceptions, but, the market has been flooded with all sorts of collectables as the economy started south.
Good thought. People have been liquidating collections and mid-tier grades may suffer. I wish that was true with AU/MS shield nickels though.. They been really jumping up the last year or so.
The 14/3 was also overrated because people thought it would be a rare item like the 18/7 overdates of the 42/1. But where each of those came from a single die the 14/3 turned out to come from either an overdated master die or working hub and a great many overdated dies were produced. This has resulted it the overdate being much more common than originally believed, and you also have the fact that it just really isn't a very impressive overdate. If the 42/1 Philadelphia overdate didn't exist the 42/1-D probably wouldn't have drawn a lot of attention.
