1907 Mexico 5 centavos grade help

Looking for some help on the grade of this 5 centavos from Mexico. Value jumps pretty heavily between VF and XF
Thanks!

 

Log in or Sign up to hide this ad.

I would say XF. wait for other opinions....

 

Ditto... If it hasn't been cleaned... then, XF details

 

I see no signs of cleaning. Still very lusterous.

 

I'm not suggesting it's of a similar quality but here are some photos of one graded MS63 for comparison. Graded precedes my coin.

 

Last batch of photos. Gave it a quick acetone bath and took some new photos. Let's grade from these (if there's a difference...which I think there is especially on the obverse).

 

I agree with LordM - High AU slider or MS63ish.

 

Thanks for all the input so far. I guess the question now is whether or not to send it off for grading. I'll probably end up selling it to fund other purchases so having it slabbed would primarily be a dollars and cents decision. Thoughts?

 

@lordmarcovan - Rob, just a best WAG based on the photos, but thank you for your kind words.

Quick search of the auction results show an NGC MS63 that sold on Heritage earlier in the year for just over $100. There was an ANACS MS61 that failed to sell in 2016 with a starting bid of $180. Numisor sold one graded 63 by NGC for 80 CHF (by the way, yours looks much better than that one: https://www.sixbid.com/browse.html?auction=3422&category=71604&lot=2836432 ). There was an AU/MS raw one sold by Teutoburger in 2012 for 45EUR. Stacks had one in ANACS 53 plastic that went unsold in their June 2014 auction with the starting bid of $36

Prices are all over the place, but looks like a 63 example would be around $100. There are 5 63's and 8 64's graded at NGC out of a total population for this year/denomination being 31 graded coins.

Good luck if you decide to send it in. It's an attractive example and based on the photos of other NGC MS63's I think you might have a decent shot at a 64. However, no idea what that would mean in terms of price increase.

 

My opinion: AU.

 

Are the black spots on the rim environmental damage? Not a scarce date. If a condition rarity, this one isn't close to nice enough. Take 20 or $30 for it and you did very well. Jmo.

 

I agree too with LordM, it is a great coin, i know the vendor, he is a well known photographer and all the photos, two with black back & 2 post acetona bath tells me: This is a coin with a minimum grade MS 60 and probably MS 64.

 

Thanks for the kind words. I'm leaning toward submitting it but trying to determine the most cost effective method of doing so.

 

I see more hits on the wings, but the fields look much nicer. As long as the luster looks there and it's not a trick of the photo, it looks better than the 63 pictured. So, if in hand the fields look good and the rim spots are not worrisome, it looks pretty darn good as a shot at 63.

The benefit to submitting even at this level is that a buyer on eBay for example will assume AU with environmental damage (worst possible) by the photos. The slab for even a $50 coin will be reassuring and make up the difference most likely between AU bids vs. slabbed grade bids.

Here is the submission options for NGC and PCGS which look similar in $$ ($20 economy):

https://www.pcgs.com/servicesandfees

https://www.ngccoin.com/submit/services-fees/

but factor in shipping/insurance etc. Fees are proportionally less if sent with larger submissions. Piggy backing is a good idea if you don't have a large enough group of your own to reduce costs.

Now, adding the concept of eBay/paypal fees and then the price needed to 'break even' is jacked up a bit more, but at a near zero acquisition cost anything over $40 is probably gravy. Going by how the coins look, I'm guessing you could make a bit of coin (hah!) on it .

 

Man, @Stork thats a very helpful post. The luster is absolutely there in hand. I actually passed over the coin on the first couple sorts because I assumed it was just some modern riffraff. I think I'll probably try to piggyback and submit unless someone comes out of the woodwork and makes me an offer I can't refuse.