GTG: 1938 D Buffalo Nickel

Incredible coin. I had no idea there were two different 1938 coins. I have found four 1938 nickels in circulation, but never a Buffalo. How exciting! Again, your coin, almost takes the breath from your lungs.

 

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I’ve a friend who found one searching and surprisingly it was in pretty good shape. So they’re out there, keep your hopes up.

 

Ok, it is obviously a D/D. There was a divide in the grade—the 66 camp, and the 67 group. Here is the coin, and I think it should have been bumped up to a 67, as it is incredibly clean, has great luster, and a good strike for the date. I may cross it to NGC to go for the upgrade, or send it in for the green or gold bean. I looked at many D/D coins, before buying this one. If it makes 67, the price goes up from a $110-$125 coin, to a $500 coin. The 2 graded 68 by PCGS are book value at $45,000.

 

67 hands down!!!!!!nice coin otherwise.

 

Yeah, that’s tough. It’s the die wear obscuring the devices that held them back, now I’m real sure of it.

Just a thought on your plans. A green CAC will only solidify the existing grade. Marketwise, it will say, “Go there, but no higher.” I think with your plans you do need the gold from CAC. And on NGC, they’re going to know why PCGS 66’ed it. They could upgrade it, but I think, particularly in this case, you’d need to draw the right grader.

All that said, it’s a reasonable fit for a 67, but if you block out the interference in the devices. There’s your issue, I think. Good luck with it, of course, and keep us in the loop.

 

Here is an NGC 67, just for reference.

 

It's a 67 hands down. The grader was having a bad day.

 

You got everything to gain going for it on this one.

 

I have no desire to sell it. If I go for the upgrade, it is purely because I feel it deserves it. I texted the photos to my friend who works for NGC, and his comment was “That is a 67.”

 

Late, but I was thinking 67

 

See, I was correct. Lol

 

I am happy, no matter how it goes. I will submit it with a few others that are going out to NGC in April. If it upgrades, fine. If not, I paid under going rate for it—$95.

 

very nice Nickel

 

MS66 d/d