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COIN BUYING EDUCATION 101-2 [new 7/27]
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<p>[QUOTE="RedTiger, post: 651829, member: 19098"]Again, nice coin. I don't get all the cleaned comments. Maybe the size of the photos exaggerate any possible problems. There is always a possibility of an old cleaning, but the look is most certainly on the right side of market acceptable. </p><p><br /></p><p>I also don't understand the F12-F15 grade guesses. Are you guys that are guessing that low using the static grading guide or real coins for comparison? Compare the image to other graded coins for that date/mintmark and it is clearly better than F12. Again, the large photos might be a factor. I guessed VF30, and ANACS saw it as a bit nicer. I would put the odds at 95% that the coin would go VF or better at every one of the top four grading services.</p><p><br /></p><p>In a VF35 slab $110 is certainly a fair price (my offer was $90 with a grade guess of VF30). It might depend on how long I was shopping for that coin. As my three Teletrade images show, this date has more than a few examples that don't look so nice. </p><p><br /></p><p>Unlike the first "education coin," the 1921 Peace dollar which I felt was marginal for the date/mintmark grade/price and originality, I like this second coin a lot. For the 1904-S, I believe a person would have a hard time finding another certified example that is nicer at a similar price.[/QUOTE]</p><p><br /></p>
[QUOTE="RedTiger, post: 651829, member: 19098"]Again, nice coin. I don't get all the cleaned comments. Maybe the size of the photos exaggerate any possible problems. There is always a possibility of an old cleaning, but the look is most certainly on the right side of market acceptable. I also don't understand the F12-F15 grade guesses. Are you guys that are guessing that low using the static grading guide or real coins for comparison? Compare the image to other graded coins for that date/mintmark and it is clearly better than F12. Again, the large photos might be a factor. I guessed VF30, and ANACS saw it as a bit nicer. I would put the odds at 95% that the coin would go VF or better at every one of the top four grading services. In a VF35 slab $110 is certainly a fair price (my offer was $90 with a grade guess of VF30). It might depend on how long I was shopping for that coin. As my three Teletrade images show, this date has more than a few examples that don't look so nice. Unlike the first "education coin," the 1921 Peace dollar which I felt was marginal for the date/mintmark grade/price and originality, I like this second coin a lot. For the 1904-S, I believe a person would have a hard time finding another certified example that is nicer at a similar price.[/QUOTE]
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COIN BUYING EDUCATION 101-2 [new 7/27]
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