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<p>[QUOTE="GDJMSP, post: 1809225, member: 112"]coin dexter posted a thread about one of his coins, a 1913-D type 1 Buff in MS66, and that got me to looking. Not wanting to sidetrack his thread with a different subject I decided to start a new thread.</p><p><br /></p><p>I think most will recall my often posting comments that there is almost always a wide price range for any given coin in any given grade. Even when the coins are graded by the same company and sold in the same rough time frame. I have commented many times that it is not at all unusual for one coin to sell for double what another realized.</p><p><br /></p><p>But in looking at examples of the 1913-D type 1 Buff in MS66, even I was surprised at the results. Surprised ? That doesn't quite cut it, amazed would be more like it. A given coin selling for double another is one thing, it is commonplace. But a given coin selling for 10 times another ? That is not commonplace. The price range runs from $381 to $3,290. And no, it was not because of exceptional color or toning. Nor was it because of a CAC sticker. That $3,290 coin sold for over 4 times what another sold for, same grade, same company, same CAC sticker. And more than double or triple what coins with nice color sold for.</p><p><br /></p><p>I list below 8 links for realized auctions, running from lowest to highest. All for the same given coin in the same given grade. Six of them are PCGS, 2 are NGC.</p><p><br /></p><p>$381 - <a href="http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7461" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7461" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7461</a></p><p><br /></p><p>$397 - <a href="http://coins.ha.com/c/item.zx?saleNo=1181&lotNo=9122" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1181&lotNo=9122" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1181&lotNo=9122</a></p><p><br /></p><p>$411 - <a href="http://coins.ha.com/c/item.zx?saleNo=1186&lotNo=7468" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1186&lotNo=7468" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1186&lotNo=7468</a></p><p><br /></p><p>$470 - <a href="http://coins.ha.com/c/item.zx?saleNo=1184&lotNo=7620" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1184&lotNo=7620" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1184&lotNo=7620</a></p><p><br /></p><p>$763 - <a href="http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=7409" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=7409" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=7409</a></p><p><br /></p><p>$977 - <a href="http://coins.ha.com/c/item.zx?saleNo=1157&lotNo=7609" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1157&lotNo=7609" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1157&lotNo=7609</a></p><p><br /></p><p>$1,527 - <a href="http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7462" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7462" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7462</a></p><p><br /></p><p>$3,290 - <a href="http://coins.ha.com/c/item.zx?saleNo=1183&lotNo=7377" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1183&lotNo=7377" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=1183&lotNo=7377</a></p><p><br /></p><p>Take a look at the $3290 coin, no color at all. A nice strike, but it was struck with worn dies just like many of the others. Nothing exceptional about it, no booming luster but much like all the other pics. Here is one that does have booming luster for a comparison - <a href="http://coins.ha.com/c/item.zx?saleNo=29021&lotNo=21039" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=29021&lotNo=21039" rel="nofollow">http://coins.ha.com/c/item.zx?saleNo=29021&lotNo=21039</a> - but yet it sold for $431 back in 2009. So that can't be the explanation.</p><p><br /></p><p>In looking at almost 150 examples of this coin their realized prices run the gamut, but the majority fall in the $400-$500 range for the last 2 years. In fact the majority fall in that range for the last 20 years. But even back in 1994 there were examples that sold for over $1,800 with another in '95 at less than $250. That's a more than 700% range.</p><p><br /></p><p>You'd expect difference in prices from 20 years ago compared to today. But all of those I linked above were sold in the past 12 months, with 1 exception, and that was 2011. I included that coin because of its color.</p><p><br /></p><p>Now that's what I call a price range ! So let this serve as an example for those who often ask - what's this worth ?[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1809225, member: 112"]coin dexter posted a thread about one of his coins, a 1913-D type 1 Buff in MS66, and that got me to looking. Not wanting to sidetrack his thread with a different subject I decided to start a new thread. I think most will recall my often posting comments that there is almost always a wide price range for any given coin in any given grade. Even when the coins are graded by the same company and sold in the same rough time frame. I have commented many times that it is not at all unusual for one coin to sell for double what another realized. But in looking at examples of the 1913-D type 1 Buff in MS66, even I was surprised at the results. Surprised ? That doesn't quite cut it, amazed would be more like it. A given coin selling for double another is one thing, it is commonplace. But a given coin selling for 10 times another ? That is not commonplace. The price range runs from $381 to $3,290. And no, it was not because of exceptional color or toning. Nor was it because of a CAC sticker. That $3,290 coin sold for over 4 times what another sold for, same grade, same company, same CAC sticker. And more than double or triple what coins with nice color sold for. I list below 8 links for realized auctions, running from lowest to highest. All for the same given coin in the same given grade. Six of them are PCGS, 2 are NGC. $381 - [url]http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7461[/url] $397 - [url]http://coins.ha.com/c/item.zx?saleNo=1181&lotNo=9122[/url] $411 - [url]http://coins.ha.com/c/item.zx?saleNo=1186&lotNo=7468[/url] $470 - [url]http://coins.ha.com/c/item.zx?saleNo=1184&lotNo=7620[/url] $763 - [url]http://coins.ha.com/c/item.zx?saleNo=1188&lotNo=7409[/url] $977 - [url]http://coins.ha.com/c/item.zx?saleNo=1157&lotNo=7609[/url] $1,527 - [url]http://coins.ha.com/c/item.zx?saleNo=1189&lotNo=7462[/url] $3,290 - [url]http://coins.ha.com/c/item.zx?saleNo=1183&lotNo=7377[/url] Take a look at the $3290 coin, no color at all. A nice strike, but it was struck with worn dies just like many of the others. Nothing exceptional about it, no booming luster but much like all the other pics. Here is one that does have booming luster for a comparison - [url]http://coins.ha.com/c/item.zx?saleNo=29021&lotNo=21039[/url] - but yet it sold for $431 back in 2009. So that can't be the explanation. In looking at almost 150 examples of this coin their realized prices run the gamut, but the majority fall in the $400-$500 range for the last 2 years. In fact the majority fall in that range for the last 20 years. But even back in 1994 there were examples that sold for over $1,800 with another in '95 at less than $250. That's a more than 700% range. You'd expect difference in prices from 20 years ago compared to today. But all of those I linked above were sold in the past 12 months, with 1 exception, and that was 2011. I included that coin because of its color. Now that's what I call a price range ! So let this serve as an example for those who often ask - what's this worth ?[/QUOTE]
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Wide price range ? Understatement to the extreme !
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