Candidate for a Crackout
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Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
- Nevada Cowboy
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Candidate for a Crackout
Since i'm such a bad judgement for Crackouts i'd like to see what you think. Keep it in the box or Crack it out ?
- Nevada Cowboy
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Re: Candidate for a Crackout
No one, Well then, I'm keeping it in the box because the box may be more valuable than this coin !
- SensibleSal66
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Re: Candidate for a Crackout
Smart man !!
Member of CONECA
" All replies are my opinion based on experience"
Casual Collector 40+ years , 10 years Error coins ( still learning).
" All replies are my opinion based on experience"
Casual Collector 40+ years , 10 years Error coins ( still learning).
- Coin Mule
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Re: Candidate for a Crackout
Hey C, I personally do not think it will move off of the 63, having the CAC helps the base value.
However, here is a business tip. Lets take a look at your coin compared to another.
1886 P
GS MS 63 $50.00 No listing for CAC
GS MS 64 $60.00 With CAC $70.00
GS MS 65 $122.00 65 is what I consider the breakout point on this coin
1886 O
GS MS 62 $1250.00
GS MS 62 $2200.00 Another breakout point
Now on the 1886 O there are other lower breakout points, but I am just using these mid grades for illustration.
So if you think that you can jump two grades with your coin, then, depending on how much you have in it, well do it, but I kinda think you know the answer. If you look at the hat, it will tell you what you need to know. To get a 65 or higher, the frost on "common" date coins has to be consistent, especially the obverse, plus taking into consideration bag marks etc. Also I have heard it said that the reverse is only 1/3 of the grade, so if this is true, and I think it is, it is something to add to the "Financial Equation".
Too many times folks talk in generalities, for example: "the old PCGS holders are undergraded" and everyone thinks they can buy a coin in an old PCGS holder, crack it out and become a millionaire over night. But there is an old adage, "buy the coin and not the holder".
C, although I never saw the movie "The Edge", I believe in the saying "What one man can do, another can do", obviously this has its limitations, but in general it is pretty accurate. It's not Alchemy, Nuclear Physics, or Nucler. You can learn it, and you don't need to look at 8 gazillion coins to be accurate in your assessment.
So Bud, keep learning and searching.
However, here is a business tip. Lets take a look at your coin compared to another.
1886 P
GS MS 63 $50.00 No listing for CAC
GS MS 64 $60.00 With CAC $70.00
GS MS 65 $122.00 65 is what I consider the breakout point on this coin
1886 O
GS MS 62 $1250.00
GS MS 62 $2200.00 Another breakout point
Now on the 1886 O there are other lower breakout points, but I am just using these mid grades for illustration.
So if you think that you can jump two grades with your coin, then, depending on how much you have in it, well do it, but I kinda think you know the answer. If you look at the hat, it will tell you what you need to know. To get a 65 or higher, the frost on "common" date coins has to be consistent, especially the obverse, plus taking into consideration bag marks etc. Also I have heard it said that the reverse is only 1/3 of the grade, so if this is true, and I think it is, it is something to add to the "Financial Equation".
Too many times folks talk in generalities, for example: "the old PCGS holders are undergraded" and everyone thinks they can buy a coin in an old PCGS holder, crack it out and become a millionaire over night. But there is an old adage, "buy the coin and not the holder".
C, although I never saw the movie "The Edge", I believe in the saying "What one man can do, another can do", obviously this has its limitations, but in general it is pretty accurate. It's not Alchemy, Nuclear Physics, or Nucler. You can learn it, and you don't need to look at 8 gazillion coins to be accurate in your assessment.
So Bud, keep learning and searching.
The Coin Mule
NGC Member
CONECA Member
mintstate.com User
NGC Registry Set Rank #70
(Kennedy Half Dollars, Silver, 1964-1970, Circulation and Proof Issues)
CONECA Attributed 1878 P 8 TF VAM 23 TOP 100 SLOT 5
CONECA and ANACS MS62 Attributed 1882 CC VAM 3 A
CONECA and ANACS MS64 Attributed 1900 P VAM 4
ANACS 1884-O VAM-37A2 MPD
ANACS 1891-O VAM - 10
[glow=red]Resident Lone Haranguer [/glow]
NGC Member
CONECA Member
mintstate.com User
NGC Registry Set Rank #70
(Kennedy Half Dollars, Silver, 1964-1970, Circulation and Proof Issues)
CONECA Attributed 1878 P 8 TF VAM 23 TOP 100 SLOT 5
CONECA and ANACS MS62 Attributed 1882 CC VAM 3 A
CONECA and ANACS MS64 Attributed 1900 P VAM 4
ANACS 1884-O VAM-37A2 MPD
ANACS 1891-O VAM - 10
[glow=red]Resident Lone Haranguer [/glow]
- Nevada Cowboy
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Re: Candidate for a Crackout
Like your Breakout, I was thinking the same general thing just didn't want to commit to writing it out on forum paper lol I didn't see a MS65 either
- Coin Mule
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Re: Candidate for a Crackout
Hey C, get one copy of the "greysheet", it is cheap enough, then look at the comps on MSCT, it gives you a base guide, I was semi chastised for how I use it, but, you have to have some kind of baseline, I use its comps for buying and selling, look for "arbitrage" in the comps between the different prices on different platforms.Nevada Cowboy wrote: ↑Mon Feb 22, 2021 11:46 am Like your Breakout, I was thinking the same general thing just didn't want to commit to writing it out on forum paper lol
I have a couple of outlets I buy raw coins from, I do not buy individual coins but hefty "size". One source allows me to "pick and buy" what both sides consider the best Barbers, Seated, and Walker halves. At times I leave them tapped out, the more I buy, the more I save, volume is the key.
And no I am not worried about giving away the "secrets", buy low sell high, is the bottom line, and unless you are Heritage, don't expect to get rich.
The Coin Mule
NGC Member
CONECA Member
mintstate.com User
NGC Registry Set Rank #70
(Kennedy Half Dollars, Silver, 1964-1970, Circulation and Proof Issues)
CONECA Attributed 1878 P 8 TF VAM 23 TOP 100 SLOT 5
CONECA and ANACS MS62 Attributed 1882 CC VAM 3 A
CONECA and ANACS MS64 Attributed 1900 P VAM 4
ANACS 1884-O VAM-37A2 MPD
ANACS 1891-O VAM - 10
[glow=red]Resident Lone Haranguer [/glow]
NGC Member
CONECA Member
mintstate.com User
NGC Registry Set Rank #70
(Kennedy Half Dollars, Silver, 1964-1970, Circulation and Proof Issues)
CONECA Attributed 1878 P 8 TF VAM 23 TOP 100 SLOT 5
CONECA and ANACS MS62 Attributed 1882 CC VAM 3 A
CONECA and ANACS MS64 Attributed 1900 P VAM 4
ANACS 1884-O VAM-37A2 MPD
ANACS 1891-O VAM - 10
[glow=red]Resident Lone Haranguer [/glow]
- Daniel
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Re: Candidate for a Crackout
Do the math and leave out the emotions when it comes to grading, you can't argue the math and it will not lie.
- Nevada Cowboy
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