1893 cc graded by anacs

Happy New Year V.

 

Log in or Sign up to hide this ad.

Interesting, because the Bluesheet contradicts that.

 

Oh thanks coinman, you too!

 

So are you saying NGC should be higher because they've graded less?

 

No, I think they should be worth the same amount of money. Imo, when it comes to Morgans, NGC and PCGS use the same standards; meaning, neither company is stricter. So, there really shouldn't be a premium just because the coin is in a PCGS holder, or a NGC holder.

Also, Population/Census reports can be rather unreliable (Because there are too many variables to take into account), so using them to figure out which company is stricter is a flawed system.

 

Agreed. For those reasons, the figures you seen in the Heritage Auctions are supplied by PCGS and are completely unreliable and do not in any way reflect the current market conditions. Whereas, the CDN sheets do. I have asked NGC for some verification on there current price guides and most recent sales activity. We all are somewhat familiar with the fact that typically ANACS encapsulated coins rarely bring the prices that their grading counterparts do . Getting back to the OP, I'd be very cautious about paying that kind of money, and he hasn't a clue if the coin is actually " Good for the Grade " . But there is something to be said about those who step into " ..it " ! That said, all we can do is wish the OP best of luck.

 

step into it?

 

Fill in the blanks. ____ ______ i t . OH crap.

 

Right!

 

Some time ago a person posted a thread where various coins were sent to various tpg's, it was not unusual to see two or three steps in grading, a 64 in one holder becoming a 61 or an au-58 or even a details grade in another holder. you might want to talk to the old gentleman and tell him your concerns and make a deal to pay more if the coin crosses over to a major grader. That way you will effectively shared the risk/reward with him.

 

It,s always best to use several sources when considering values not just one! for Mpc i use the
Green sheet and HA. and also my own mind i pretty well know what,s something worth when it
Comes to Mpc anyway

 

Why risk losing a deal. Try offering him the $6000 again and a promissory note ( if needed between you 2) to pay an additional $2000 if it reslabs as a PCGS MS64 or better with no special notations for defects. Just a mediation.

 

The highest value I quoted was $6000 though.

 

Are you at Fort L Wood or Whiteman?
I might be able to meet up with you and help you out if you want.

 

I am located at Whiteman

 

If you did buy the entire collection, I would advise you to promptly get a " Professional Appraisal " by a Dealer who is a member of the ANA . IMHO, you should have had this done prior to making an offer for the collection .

 

+1 on everything but the first tip. Get an appraisal done in advance.

 

That was my first piece of advice, earlier on. The OP chose not to do it that way. It almost goes without saying that if anyone does not know how to grade coins, should always seek the assistance of someone who is, before buying any part or an entire collection. Seems as if the is inpatient or for other reasons , has disregarded sage advice.

 

Yea, you, me, and a couple other have given words of wisdom !

 

Some folks are just lucky not to have been taken for big bucks in situations as this. I don't understand the urgency to complete this transaction without first establishing all the facts. Some folks are just inpatient and throw aside all reason with regard to this potential sale.