Discussion in 'US Coins Forum' started by Seba79, Aug 6, 2016.
Many thanks for the help..
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Did you buy it in a lot of by itself? Whatd you pay and did you get any more coins from the auction or were there anymore?
What is the consensus?
On a coin of this grade, I think the clash sets it apart from the rest (and is pretty cool). It doesn't really change the value. On higher grade coins, clashes, chips and cuds will not change the grade - they are mint made effects, and are not considered in the grade. However, they will tend to lower the value. You may find a collector here or there who thinks they are really cool and will pay for it, but most collectors won't. They are considered imperfections, and often considered to detract from the eye appeal. This is especially true on rare or key date coins.
I speak in generalities because, of course, for everything I just said there are several notable exceptions.
@silentnviolent as I think clashes and clips and such are collecting preference for some but a turn off to others. A coin like this could go a lot ways ei. if your needing one for an album or folder in this grade you might pass because of the clash because the other coins in the set don't have clashes. If you're an error collector you might be willing to pay more for a key date error than some would while others just want the error and will wait for a more common date example to come along. This wasn't any help at all was it? LOL
By the way I saw a 3C Nickel on here a few years ago with a remarkable die clash on the reverse and I have been hooked on die clashes ever since. I have several dimes and cents that I have found and probably half a dozen 3Cent nickels with clashes and I have never paid more to get the clash than the same coin would have cost without the clash. It's like vams in the Morgans I guess sometimes you pay extra sometimes you cherry pick them. Still no help right.
I don't believe you'll find a consensus.
I find such "extra" features to add interest to me. Not that I'd necessarily pay a premium, but I'd probably purchase a key coin with a prominent clash over one with pristine strike. Others feel exactly the opposite, and consider such coins less appealing.
Yeah, like that.
That coin sold about $200 - $300 less than recent AU-53s on Heritage. This is in line with what I would expect. The corrosion spot hurts it as well, of course.
With a coin like this, the error collectors don't usually want to spend a lot for a rare variety (or a key date). And the Lincoln collectors, or variety collectors, don't want a prize key date with large, noticeable flaws. Thus, the price is going to suffer (in this case, quite a lot).
This Morgan also I obtained it in the auction of last month.
Now this two coins are housed in my 7070 type set, the 1899 Morgan replaces a 1921 s and the 1921 Dime replaces a 1944 mercury...and still I continue waiting for my Liberty Seated Dollars...
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