BU 1911 Cleaned or Not?!

If it's not a $50 coin, it's not a $90 coin.
Without the rim hit, an MS-63 Red 1911 would high/retail for $50.
This could be better than that 64 or 65 but the chunk on the rim kills it.
The fact that your coin is not slabbed, we don't know if it would grade MS or not.

 

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It was an auction, so it could have gone higher. Also I'm looking at other coins in the same condition and I always want to make it a couple dollars less than the other coins so that people go for mine. Basically, there are other BU 1911 wheat pennies that are up for sale at much higher prices than mine.

 

It's still wrong. It's not as wrong, but it's still wrong. It probably wouldn't be hard for someone to find a slabbed MS64BN example for less than $70 or a MS62RD for less than $60.

 

Hell no. Don't know about dipped but sticking great non-cleaned coin. IMO ONLY

 

I wouldn't go that far.

 

Your a tad late.

 

That’s advice he can use in the future, I’m generous like that.

 

Key word is except. If there is ANY wear the coin is not uncirculated.

I have mentioned before learning how to grade before diving into what seems like the dealer realm of numismatics. Buying low and selling high works for some but buying high and selling higher should never work.

Someone took advantage of you by selling to an inexperienced buyer. Then you turn around and sell that same problem coin for higher; you are taking advantage of another inexperienced buyer. It’s a recipe for disaster and could be what pushes you or the next person away from the hobby.

 

I didn't exactly mean wear. You know how some BU wheats from the 50's have a sort of worn die which makes it have less detail. That's what I meant. The detail in the beard isn't quite all there probably because the die was worn when the coin was struck.

 

I agree 100 percent

 

I find Fairview's grading infuriating yet humbling. Everytime, at first glance, I think the offered cent is a pristine beauty, he slaps a "Details" qualifier on it. When he doesn't, I start bidding...

 

I had bought one very similar. It came in a Manila envelope in which it was stored. It proceeded to tone. I am unhappy and have been led to believe by members to acetone dip all your coins upon arrival to remove any contamination and then I like to zip bag them in food grade packaging.

 

The significant rim nicks on the obverse would have made the coin a non starter for me. Stuff like that bugs me and takes the joy out of owning it.

 

Wouldn't you expect some bag marks on a circulated coin? I understand the rim is suspicious. But why only the rim?

 

In fact, most circulated coins don't have rim issues. That's been my experience over 60 + years of collecting.

 

True