GTG 1923 buffalo

Wow, didn't see that one coming.

 

Log in or Sign up to hide this ad.

AU+ = We don't think you paid enough for us to grade this MS67 so we are going to force you to resubmit.

 

OK, I get the whole "glamour-shot" aspect of PCGS' TruView photos.

But, for the life of me I cannot detect from these photos the luster rubs that would be necessary to relegate this coin to a circulated grade.

At the same time this coin was being graded, they were shooting the photos. IMHO, there should be some correlation between the assigned grade and the nature of the photograph. If there isn't, then there is nothing "true" about the photography that the submitter is paying for.

OK, my little rant is over. I'm going to make a chicken salad sandwich.

 

Thanks for sharing this beauty,,,66+

 

I wouldn't be too quick to say that 58+ is a disappointment.

It won't be worth 67 money (sales in the $5,000 to $6,000 range) and that was always going to be tough to get since the value jumps from 66 to 67. However, with the strength of the everyman registry (where 58+ gives the largest score), the low pop (only two 58+ for the date), and the great color, I would think you could see 66 money for that coin ($600-$800) and maybe more if the right bidders were involved.

 

Normally that would be the case, but getting a 58+ does not quite give that picture. That is one grade where it really isn't worth resubbing unless it is a 67 (and given the price increase from 66 to 67, that type of upgrade seems unlikely).

 

Wow, 58+? I could see how you would be disappointed with the grade. If it was a coin I was going to flip, I'd certainly send it CAC to add the most value to it. As @ddddd said, that grade should do well if you are flipping. If you are keeping it to add to your collection, then I might try sending it in for a regrade. Don't crack it let PCGS do it, that way you can't lose the 58+ grade if it won't upgrade.

 

I wouldn't send it for a regrade unless it was specified as a minimum 67. Anything below that would likely lose money. A 65 grade would certainly be worse than the 58+ grade it now has. And a 66 might be a wash. I do second the CAC suggestion. If that coin gets a gold sticker, it will bring moon money (and then there is definitely no point in regrading).

 

It’ll get a green bean, but not gold. Too recently holdered. I know from experience.

 

The holder doesn't matter if the coin deserves it. I've seen new holders with gold stickers.

Linked below are two examples of gold CACs on modern holders. I've seen more since those two sold.

https://www.greatcollections.com/Co...alf-Dollar-PCGS-Proof-65-CAC-Gold-Label-Toned

https://www.greatcollections.com/Co...in-Half-Dollar-NGC-MS-62-CAC-Gold-Label-Toned

 

Wow we suck

 

Well, I was preparing to go 66 or 67. Really a beautiful 58+.

 

I would agree with the assigned grade. If you look closely at the obverse you can see discoloring on the cheek and leading edge of the hair. On the reverse, you can see discoloring on the buffalo in the middle area. Still a very great looking coin, and a doubled die as well. Great toning. Hopefully you didn't pay too much for it. As nice as you will ever find on an AU58 coin. Enjoy!

 

Don't discount Phil for making it look like the coin it is,no matter the grade,
I think it sucks not showing the circ in the TV's.
When did you have it graded it bud?

 

@bud221 it is a truly beautiful coin, with great color and detail, and a lot of luster. the reason it didn't grade MS-67 (my grade) is because there is quite a bit of Rub on his Cheek (the darkened area that is toned a brownish-grey color). Don't be disappointed--I wouldn't. BTW, a toned AU58--but not spectacular like your coin--sold in 2019 on GC for $161; IMO yours if offered there would go for more!

 

I sent the coin in March 3 just got the TrueView last week. The TrueView is quite a bit brighter than the coin in hand.

 

stunning

 

The 1923 has a PCGS Price Guide of $925 in MS66 and is worth at least $700 in reality. I don't know how much you think this coin will sell for in the AU58+ grade, but it has to be over $500 for resubmission to be a loser.

 

Been discussed here often how AU58 coins are more attractive than many MS coins.

 

My guess is that it would go for $500-$750 as a 58+ (I looked at the guide before posting yesterday and saw the value of a 66; that is why I said what I said).

Here are three recent examples of common coins with a 58+ grade:

1899 Indian Cent...Guide: $52; auction result: $748.69 [Pop 3]
https://www.greatcollections.com/Coin/1156858/1899-Indian-Cent-PCGS-AU-58-BN

1945 Mercury Dime...Guide: $9; auction result: $597.38 [Pop 1]
https://www.greatcollections.com/Coin/1081517/1945-Mercury-Dime-PCGS-AU-58-Toned

1904-O Morgan...Guide: $68; auction result: $3,208.50 [Pop 1]
https://www.greatcollections.com/Coin/1057902/1904-O-Morgan-Silver-Dollar-PCGS-AU-58

Of the above three examples, only the dime is toned and I wouldn't say it's as attractive as the Buffalo we are discussing. Registry players and toning enthusiasts would be all over this Buffalo nickel.