Guess the Price--1950-D Jefferson Nickel NGC MS66*

ummm, forget it... what do I know???

LOL

 

Log in or Sign up to hide this ad.

Dan,

That is a very good observation and you are correct on all points.

 

ok... truthfully, I was honest and didn't look at the price guides before I guessed. I did look and found that this coin is very uncommon higher than MS66 and have appropriately edited my previous post.

 

Lehigh.
I do not collect toned coins at all , that avatar of that Jefferson nickel is the only picture I could find with my birth year on it in 2005 when I came to Cointalk . So I am not claiming that at all just opinion on the slab and the price I would pay.

 

Spoken like a true coin dealer. All joking aside though, that is what toned coin dealers count on. It only takes one collector to love the coin and the dealer is saying "cha-ching". So when we see a toned coin with a ridiculous price, don't laugh, someone like me might actually pay it.

Matt, that is a nice star under your avatar. Sweet.

 

I said three to four hundred. Estimating the growing number of those interested in toning, and the inherent uniqueness of each piece, that seemed like a reasonable amount for someone who wanted a common, yet gorgeous and sought after coin.

 

I think all we're seeing is a good cross-section of collectors, over-all, that we already knew existed. To me, you can break it up into thirds. The wishful thinkers, the rational, and the irrational.

The first group doesn't desire and/or doesn't understand average premiums for toned coins with gorgeous eye appeal.

I believe I fall in the second group (but could also fall in the first I guess). I don't actively collect toned coins but I do like them and will pay a premium, to a point, to get something unique. Based on my opinion and average budget. I'm not really in the market for one of these or on the look out for a toned one. But, if it were for sale here, there's no way I'd let it go for less than $100! I mean, c'mon!
So I can say, everybody's guess below that is wrong. Then the next guy might come along and say there's no way they'd let it go for less than $300. Then I'd be wrong.

The third group would be the pure toning collector that primarily only focuses on toned coins. To me, $300 on up for this would be irrational but would not be for them. Based on prices in that piece of the pie of the collecting world, you could say the sky's the limit on this.

I believe it's hard to say who's wrong. Many here would not pay $75 for it if given the opportunity. That's their choice. I wouldn't pay more than $150 for it if given the opportunity. That's my choice.
Somebody else may be willing to go up to $400.

The seller depends on finding the wealthiest individual who wants it the most, with no price guide to base anything off of.

If it sells for $700, than it likely means there is a small group of individuals that it could be re-sold to again at that price and they would have to be seeked out. Maybe a broader group would buy it for $400. And then a much broader group would likely pay $200. Then everybody would give $50 for it!!! That doesn't mean it's worth 50 or 700 to me.

If a millionaire 'has to have it' and pays someone $10,000 for it, that doesn't mean it's worth $10,000. If somebody pays $700 for it, it doesn't mean they'd have an easy time re-selling it for $700. That's why I believe people should really analyze the prices they're willing to pay for such pieces. There's no price guide to fall back on. It just comes down to the broadest group of people who will give 'X' amount for it now and in the future.

My guess was based on my opinion that the vast majority of collectors overall would not pay more than $200 for it. That doesn't mean a handful of people won't pay $1000 for it. But now we're back to the fact that I like them and I wouldn't pay $200 for it if offered. So said buyer would have to rely on someone else to get their money back out of it. Which may be a growing or shrinking pool of people as time goes on.

The price of this could vary greatly if it was sold 10 times over a year's span. And that info would be needed to obtain a meaningful average price. To me anyway.

 

$201-$300 for me...
Very attractive toning, and a pretty little star to go by the grade
Would I pay this much for the coin? Probably not, but it is still a nice coin, that is for sure.

 

Add another column and make it "fourths". What someone is willing to pay for a coin. Frankly, I wouldn't pay more than $50 bucks for this coin. Suppose that makes me irrational but I just call it realistic. The "pretty" colours are nice but they don't turn me on and I wouldn't pay a premium for something that could be had in very nice MS condition for considerably less money.

Signed

Frugal Collector

 

I'm afraid you misunderstood my post. There is no need for a fourth as this is already implied.

At $50, you would fall into the wishful thinking category. As Lehigh listed, the price of a normal, every day MS66 is $40! There's no way somebody's going to pay a slight premium ($10) over a normal one and walk away with a coin this rare with this much eye appeal. There'd be too many people willing to pay much more and no seller would sell it.

My irrational category is where I would put people who would be willing to go 300-$400, $700 and beyond. To me, it gets to a point (all toned coins considered) where the premium just gets carried away by a relatively small group of people, for what they are. Then that fuels the AT market.

 

Pretty much for the same reason, I guessed $400-$500.

 

I'm guessing 300 to 400 dollar range.

 

I don't hoard nickels, so I would pay no more than $25 for this coin on the hopes of flipping it for it's retail value of around $50.

 

I'm going to say it's in the $201-$300 range. This coin is commonly available in high grades...so that alone doesn't make it really valuable. But, the attractive toning should bump it's price quite a bit and the fact that it has a star grade also helps.

 

I still say that in order to be worthy of the 3 figure price tags it would need a FS designation. Without it I don't think that this coin is worth the large premium. but that's just my opinion.

 

I saw the coin and thought $375.

That's a heck of a coin, no matter the price.

 

Did you buy it in an auction or retail?

 

That is the same price that I thought when I saw the coin. And yes, it is one heck of a coin. If it were and MS67 instead of an MS66, I would consider buying it. I own several toned 1950-D's and they all have issues. This one has the best toning. The issue should be readily apparent.

 

Mike,

I don't own the coin. I have stated that twice in the thread.

 

Ok, if you get one like this pm me:kewl: