Finest known. What's it worth?

Discussion in 'What's it Worth' started by C-B-D, Feb 22, 2017.

  1. C-B-D

    C-B-D Well-Known Member

    My friend cherry picked this then got it attributed.
    20170222_082743.jpg 20170222_082720.jpg
     
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  3. JAY-AR

    JAY-AR Well-Known Member

    Very nice! I just checked PCGS price guide and a MS66 FS-103 was sold 1/17 for $705.....IMO, this one should go for substantially more. Again, awesome coin, and thanks for sharing it! :shame:
     
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  4. Pickin and Grinin

    Pickin and Grinin Well-Known Member

  5. SuperDave

    SuperDave Free the Cartwheels!

    I think of equal importance is that the value remains greatly inflated down to the MS64 level, where there are other sales records for FS-103. It's reasonable, then, to assume that a 66+ would carry the same "double, or nearly that" premium over the "regular" coin. Especially if you can get it beaned, $1k is probably not unrealistic. Perhaps more; these take a huge jump into 67.

    The difficulty with a variety like this is, the buyer demographic won't be large. Although there's en entry for it in a PCGS Registry, not many collectors seem serious about completing that particular set. Finding the person willing to pay what it's worth would probably require both a brand-name auction house and a little luck, or major outreach to Buffalo-specialist dealers to canvas their regulars on your behalf.
     
  6. C-B-D

    C-B-D Well-Known Member

    I'm not selling it. I was just curious. It belongs to a collector. I was stunned to see where he paid over $1700 for it at Heritage without the variety on it!
     
    Last edited: Feb 22, 2017
  7. -jeffB

    -jeffB Greshams LEO Supporter

    I guess the technical definition of "cherry-picking" is finding a desirable item that's being sold as a less-desirable item. But it just doesn't seem as sporting if you're willing to pay the cherry price to do it... :rolleyes:
     
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  8. C-B-D

    C-B-D Well-Known Member

    I guess 2 guys i.d. it as the DDO and got in a bidding war. Crazy, but happens all the time.
     
  9. SuperDave

    SuperDave Free the Cartwheels!

    I hope he knows the underbidder, because that's about the only other guy in the country who's willing to offer that kind of money for it. :p
     
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  10. jtlee321

    jtlee321 Well-Known Member

    That can be disappointing. Here is a 1941-D Washington Quarter DDO FS-101 in MS-67 that was unattributed that I bid on at the beginning of January. The current top pop at PCGS is MS-66 which last sold for just north of $2000.00. The unattributed one on Heritage sold $1997.50. I was prepared to go to $1500.00 on it, but got outbid by someone else that noticed it as well. I think if you get it attributed, it would be worth in the $5,000 - $7,500 range. I didn't have the money to go any higher on it, otherwise I would have.

    1941-D DDO.jpeg
     
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  11. C-B-D

    C-B-D Well-Known Member

    Wow, now that's some bold doubling!
     
  12. ToughCOINS

    ToughCOINS Dealer Member Moderator


    Doubtful . . . rarely are the highest payers in the room. That's the reason auction records often are substantially lower than published trends.
     
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  13. wxcoin

    wxcoin Getting no respect since I was a baby

    That's a pretty buffalo!
     
  14. jtlee321

    jtlee321 Well-Known Member

    Yeah, I about fell out of my chair when I first came across it. The bad part was it was part of one of their featured auctions, so it was on display on their site for over a month. Lot's of other eyeballs got to see it too.
     
  15. C-B-D

    C-B-D Well-Known Member

    I sometimes wonder if these consignors know what they have and bid it up just to see if they can start a bidding war. Who knows.
     
  16. baseball21

    baseball21 Well-Known Member

    I would say no for the vast majority of instances when it comes to varieties. Most people don't check every coin for them or they only check specific series/coins for specific ones and then you have people that just honestly don't care about varieties. VAMs are a good example of this. Some people VAM everything, others a few, but a lot of collectors just get Morgans they like and don't think twice about that aspect
     
  17. Paddy54

    Paddy54 Well-Known Member

    First let me say it's a pretty coin. By both grade and variety.
    But true value on an item as such is only found by what another will pay.
    I am a collector and one of my favorite coins to collect is the 5 cent piece . But unlike other coins they don't hold their values.( Yeah a 1913 Liberty ) Buffalo's have been on a downward trend. Extremely collected in the 50's and 60's now take a back burner to many other series.
    And a series that has some major variety coins, and iconic coin. But a series that one must know A - Z about or you could end up over paying for a coin that really going to hard to liquidate.
    Having had very rare nickels and trying to sell them is a waiting game. I seen in many cases where book values and what another is willing to pay are very far a part .
    I see today's collector willing to pay for a gold or silver coin more so than a copper or nickel base. No matter how rare.
    I sold a MS double Monticello about 10 years ago a doctor in Fla . purchased it from me. The same coin in the grade I sold him today is -$400.00 under what he paid me.
    Unbelievable as when I sold it ....I had seller remorse now.. not so much.
     
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  18. Paddy54

    Paddy54 Well-Known Member

    Here's a test on coinzip.com right now is a 1971 S no S Jefferson in PROOF 69 deep camo. One of the top pops.
    Anyone wanting to guess the hammer price when it ends in 17 days? Remember only 1655 minted. I had one in Pr 67 deep cam......got no where near the book value of $1800.00
     
  19. wxcoin

    wxcoin Getting no respect since I was a baby

    A 68 DCAM recently sold at Great Collections for $2695. Two years ago a 67 DCAM sold for $1210. My guess is $1000 for the one in question. I'm basing my lower price on the trends for those in all grades and assuming the population in grade is larger.
     
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  20. Paddy54

    Paddy54 Well-Known Member

    Here's another passed holding and should be posted somewhere on this forum . A 1938 Jefferson Proof Nickel that was mounted in one of Felix Schlag souvenir frame signed my him, and witnessed by a notary # 21 what sort of value would you put on a numismatic item like that?
    Not what you may think or believe . ;)
     
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