For you matte proof collectors...I'm curious as to what sort of premium wildly toned matte proofs bring over more average toned ones. I'm planning to send this in to PCGS or NGC, but would like to know in advance if what sort of premium if any I should ask once it comes back. Thanks! Tom
In-hand that wouldn't be a worry to you. The obverse has a dusty film on it that would easily be affect by the slightest rub. It's obvious that minimal contact caused the wipe above the date and not any intentional removal attempt. It's in line with a nicely aged matte proof with it's original skin.
I know on the 09 Matte's there are lines off of Lincolns nose that are markers for it being a Matte, perhaps it's the same thing here? Although I would be worried about the toning. I mean, I wouldn't turn it down from my collection, but maybe a TPG would turn it down from it's slab?
In fear of this thread spiraling off in the wrong direction, I'll mention that I'm not concerned about whether this coin is or is not a proof, or if it would grade. My question is regarding the premium for wild toning, intended for those who have a great deal of experience in buying or selling those specific types of matte proofs.
For me, it's obviously about the eye appeal and there is no limit on how much some folks will pay depending on how much eye appeal. Double the PCGS price guide or more isn't out of the question for the monster coins. The coin in question has above average appeal on the reverse I think, but the obverse just doesn't scream for me to buy it. I'd say the very nice reverse probably is offset by the obverse streakiness and the weird look to the left obverse field. Cool coin though, thanks for posting it
Well, that leaves me out. Sorry, I was just addressing the scratches Doug was referring to. Discussion about the coin is bound to happen... It very nice. :bigeyes:
Hi Matt, great point. The obverse is only average in eye appeal, if that. The offset concept makes sense.
The cool thing about this one is that there are still raw some matte proofs out there that went through the same toning process, yet to be imprisoned in a slab. The previous owner who I bought this from told me that the person he bought it from several years ago had the coin in a manilla envelope since 1948, and that it was kept there until just a few days prior to selling it to me. How's that for knowing a good deal of a coin's history? And thank God for manilla envelopes!
