Wells Fargo GOLD ( finally realized )

The 1908 NM $20 Saint Wells Fargo Nevada coin has proved pretty elusive
for me, most I have seen have had some
issues such as rub marks or some other
distraction, here again was looking for
another coin when I came across this one, 100% problem free ! no rub marks
or scratches, so shifted gears and picked
this right on up, the value on these have
gone way up, so wanted to get one before the prices got to insane…LOL

 

Log in or Sign up to hide this ad.

Way excellent acquisition! So, do you still have one arm and one leg?

For the un-initiated, NM means NO MOTTO. And another thing…they had plenty of room on the label to use the ENTIRE NAME OF NEVADA, but Nooooo… can’t have that, doncha know…Spark

Seriously, great coin, man.

 

Maybe there trying to save some ink..LOL
and I still have all my limbs attached but
my wallet is a bit sore maybe Santa will get
me a new one

 

Request one made from Buffalo. Best wearing leather...
Just saying / NICE Coin by the way!

 

Nice coin....your patience was rewarded....has excellent luster, which many 1908 NM's do NOT possess....did you buy it online or an LCS or local show ?

 

It is not a difficult piece to find or the value going "way up", save for the price of Gold in general.

In fact, the Legend REGENCY Auction, Live bidding closing today @ 3:00PM Pacific Time, has 2:

1908 NM Wells Fargo NGC 66-Est. 3-3.5K, and high bid at this time is 2.6K with multiple bidders.

1908 NM Wells Fargo PCGS 66+ - Est. 3.5-4K, and high bid at this time is 3K with multiple bidders.

The auction has been open for bidding for quite a while.

So....

 

At $3500 or less that coin would have been immediately in my collection!
NICE!
Should be a sure CAC!

JMHO

 

I don't think it will make it, but MS is impossible to grade from photos. Considering the Holder, if it was going to get beaned above average for the Grade, it already would have been, is my opinion.



But your monetary observation is EXACTLY my point in re. the 2 pieces in the Regency auction today. I peg both as average for the Grade no Bean value (PS: I suspect both will be in mine, come 3:17PM or so).

 

I saw a BEAUTIFUL MS-66 1908 NM OGH CAC....I didn't have the $$$, being out of work.

Hope to get that one in the future. An MS-67 would also be nice but the price jump is big, even though it is the least-expensive MS-67 among Double Eagles.

 

I found this one on the CU BST for a reasonable amount over melt:

 

I saw that before, but know that many buyers, as I, can't get by what appears to be severe "bag rub"!

 

Bought it off the bay, original selling price
was $2,799 after a little haggling got it
down to $2,700 which I felt was more then
fair, after talking a little further I found out
that he had got laid off from his job recently and needed the money for Christmas, I was happy that I could help
him out, I plan on sending him something
for the holidays as well

 

That’s why it took me such a long time
finding the right coin, when you pay a few
dollars for coin it needs to be right I have
allot of A/U 58,s though not as bright as
an MS coin still for the most part have
little distractions.

 

Really -- how much over melt ?

A 64+ CAC is not usually a common grade rarity, though the 1908 NM is the exception.

 

I believe you'll find that the CAC bean, especially when approaching "Gem" condition, takes the coin from bullion to premium category where value elevation is a percentage of base grade value alone. (e.g. MS65 increase of $400+ ~= 10%+)

I've a virtually flawless MS66 PCGS Wells Fargo that was purchased from a collector who believes, as many, that TPG grade alone should determine value.

After extensive ad listing, he sold the coin for ~15% <"CAC-Greysheet"!

I can locate on Ebay, virtually on any day, a premier TPG graded MS66 St. Gaudens seemingly with gross "rub" or "bag-marks"! lol
https://www.ebay.com/itm/155926037716?_trkparms=amclksrc=ITM&aid=1110013&algo=HOMESPLICE.SIMRXI&ao=1&asc=20211130130958&meid=da2399a5a0564cb39190ae209c63873d&pid=101469&rk=1&rkt=4&sd=276050459872&itm=155926037716&pmt=1&noa=0&pg=3650466&algv=SimplAMLv5PairwiseWebNoToraCoCoViewsNoHighIdfOrSortByFinalScoreBlenderWithPromotedViewItems&_trksid=p3650466.c101469.m2822&amdata=cksum:155926037716da2399a5a0564cb39190ae209c63873d|enc:AQAIAAABMMpMpG5jsey2nau7193eR2bWEHaDZK2z6FIaklTOXvhztYor%2FjczxSgbXpkpZZAZEESJp%2BVJ95i4nx3IdciskewdT%2BR5GsMtqDUWRtmMA7dki1phOv8vfXDRuXozq%2Fgg3EEoeWkiOcPdhsangZ8bQOC93gS4IamNZzcSjKNRXMzB%2BX%2BnDXRC0KH%2FWmotTnCJW1EtPJl6fVStl81932GCnh%2FqIww%2FdlaBBDfYthvyhUxz4AXI1PVEBnMvHXQBCCAG8HSfuwcDx7LQmJ%2F5TN4wPrzIHIuqy3Tt14QvRGWuBjP0AXZ14SBt3SR1W4a5NfamFYu%2BzDFWoqAvWO7iJipgNM5TBzBHQipAg5zrvAF7HFFk79q0yBHVVKHD7gJPufiMHmuIaL8xuwy5I6K%2B%2Bqnoqq8%3D|ampidL_CLK|clp:3650466

https://www.ebay.com/itm/1861099058...58aQr9vjukXoNJXuKx+m3rkd4=|tkp:Bk9SR8C0zI6JYw

JMHO

 

So, in this case buy the Cac bean not the coin because its raises coin 10 to 15%? NEARING OR APPROACHING GEM STATUS what?? Its either gem or not they don't approach being gems. Just when you think you might be catching on to this hobby someone puts you back down to start over. boom!