Message:

<p>[QUOTE=&quot;illini420, post: 633606, member: 19423&quot;]One member sent me a private message the other day to point out that I was missing a PCGS AU58 for my set. Well, yeah, I know that already <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /></p><p>&nbsp;</p><p>But I thought it might be informative and helpful to some here to share my response to that member as to the reason why I don&#039;t have an AU58 just yet. </p><p>&nbsp;</p><p>In short, I think that the AU58 grade is special in that there is a huge range in what a certified AU58 can look like. My goal is to find a coin that is really looks like a MS64RB or MS64BN that just has the smallest hint of rub that makes it an AU58. There are definitely coins like that out there graded AU58 that look much better than MS62s or even MS63s but they can be hard to find. Here&#039;s an example of a great PCGS AU58 which I missed out on eBay a couple months ago as someone beat me to it:</p><p>&nbsp;</p><p><img src="http://i294.photobucket.com/albums/mm111/illini420/O990a.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i294.photobucket.com/albums/mm111/illini420/O990b.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>&nbsp;</p><p>On the other hand, there are a lot of ugly looking coins in AU58 slabs that might technically be AU58s, but don&#039;t have anywhere near the eye appeal of their MS63/64 counterparts. An example would be this PCGS AU58 that was on eBay a couple months ago which I passed on:</p><p>&nbsp;</p><p><img src="http://i294.photobucket.com/albums/mm111/illini420/O990c.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i294.photobucket.com/albums/mm111/illini420/O990d.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>&nbsp;</p><p>The two coins pictured here actually sold for about the same amount on eBay, but I think most would agree that the first won is worth significantly more.</p><p>&nbsp;</p><p>As many of you will know, the fact that all AU58s are not equal doesn&#039;t just apply to IHCs. Several months ago a very very nice AU58 1909-O Barber quarter sold at auction for $4025 (Greysheet is around $500 or so). I paid less than that for my PCGS MS64 example. The buyer of that AU58 apparently thought that particular coin had the appeal of a nice mint state example. For reference, PCGS Guide values on an MS64 are $4300.</p><p>&nbsp;</p><p>Accordingly, if you can find one of the great looking AU58s that is priced at AU money, you&#039;re stealing it!!!!! I know folks that exclusively collect very nice examples of AU coins and their sets actually look better than a lot of mint state sets but at a fraction of the cost.</p><p>&nbsp;</p><p>Come on everyone, let&#039;s see some more 1908-S IHCs!!!!!!![/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in