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<p>[QUOTE="-jeffB, post: 1969756, member: 27832"]Well, the Kennedys finally arrived Friday. They're pretty coins, to be sure, but all of them appear to have flaws, and I'm trying to decide what to do about it.</p><p><br /></p><p>First, disclosure/statement-of-purpose: I bought five with the notion that I might flip at least three of them, helping to subsidize one or two that I would keep. I was intrigued by MCM's $1350 offer.</p><p><br /></p><p>The first three I opened were quite similar -- no glaring flaws at first glance, but a filmy area in a circular pattern around the obverse, visible only under certain angles of lighting. No big reverse problems. I was starting to wonder if it was present on all coins of this issue, but the fourth and fifth coins didn't display it -- the fourth had a similar effect in a different area, and the fifth has an out-and-out smear in the left obverse field, looks like an imprint from a cotton glove with some grease on it.</p><p><br /></p><p>It's easy to find flaws under strong oblique light and high magnification. I don't know whether these are 69s or something lower, but I'm pretty sure none of them would make 70.</p><p><br /></p><p>So, my dilemma (trilemma?):</p><p><br /></p><p>I could send them back to the mint for exchange. I'd presumably have quite a wait for the replacements, I'd miss any opportunity to get First Strike grading (I don't care, but the irrational market does), and it seems likely that the current "gotta-have-it-now" premiums will have evaporated by then.</p><p><br /></p><p>I could send them back for a refund. I'd lose no money other than shipping, but it feels kind of pointless -- and I <i>would</i> like to have at least one nice example.</p><p><br /></p><p>I could send them to MCM; I'd happily take $1350 each for them. But I saw a comment that MCM reserves the right to refuse and return them -- and if they did that, I'd be past the window for returning them to the Mint, most likely. I don't know how large the risk is that MCM would reject them.</p><p><br /></p><p>I'll post some images shortly. Here's an overview of the field:</p><p><br /></p><p>[ATTACH=full]349252[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1969756, member: 27832"]Well, the Kennedys finally arrived Friday. They're pretty coins, to be sure, but all of them appear to have flaws, and I'm trying to decide what to do about it. First, disclosure/statement-of-purpose: I bought five with the notion that I might flip at least three of them, helping to subsidize one or two that I would keep. I was intrigued by MCM's $1350 offer. The first three I opened were quite similar -- no glaring flaws at first glance, but a filmy area in a circular pattern around the obverse, visible only under certain angles of lighting. No big reverse problems. I was starting to wonder if it was present on all coins of this issue, but the fourth and fifth coins didn't display it -- the fourth had a similar effect in a different area, and the fifth has an out-and-out smear in the left obverse field, looks like an imprint from a cotton glove with some grease on it. It's easy to find flaws under strong oblique light and high magnification. I don't know whether these are 69s or something lower, but I'm pretty sure none of them would make 70. So, my dilemma (trilemma?): I could send them back to the mint for exchange. I'd presumably have quite a wait for the replacements, I'd miss any opportunity to get First Strike grading (I don't care, but the irrational market does), and it seems likely that the current "gotta-have-it-now" premiums will have evaporated by then. I could send them back for a refund. I'd lose no money other than shipping, but it feels kind of pointless -- and I [I]would[/I] like to have at least one nice example. I could send them to MCM; I'd happily take $1350 each for them. But I saw a comment that MCM reserves the right to refuse and return them -- and if they did that, I'd be past the window for returning them to the Mint, most likely. I don't know how large the risk is that MCM would reject them. I'll post some images shortly. Here's an overview of the field: [ATTACH=full]349252[/ATTACH][/QUOTE]
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Gold Kennedy flaws...?
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