let me show off my upgrade...

[Dancing Fire]

i'll try to explain it in diamond term...

imagine you had a GIA VS2 stone. you then resubmit the stone to GIA lab for grading and it the came back a VVS2 ... i have this proof 64 1903 half dollar sitting in the safety deposit box since 1994,so last year i decided to crack it out of its old holder and resubmit it to PCGS lab for grading,it came back as a proof 66.. i knew it was a nice proof 64 coin,so i was expecting/hoping for the coin to come back as a proof 65 grade,but a proof 66?? two grade higher?..

now for the bad news...i paid $4850 (the market price) for this coin in 1994.had i done this in 1994 the coin would have fetched $10k,but in today's market it only worth about $4500.. ..the first pic was before the upgrade (PR 64) and the second pic was after it was upgraded to a (PR 66)

 

[MissGotRocks]

Isn't there a good chance that in ten years with an improving economy the price will go back up? Maybe not to 10k but 8k would be nice!

I don't know much about coins but it looks nice DF!

 

[diamondseeker2006]

Higher grading makes me happy, too, DF! Hope your coin goes back up in value!

 

[VRBeauty]

Good call on sending it in, DF! I hope it pays off for you soon!

 

[Lady_Disdain]

DF, what does proof mean in this context? From the value difference, it can't be just metal purity, which was my first thought.

 

[Dancing Fire]

DF, what does proof mean in this context? From the value difference, it can't be just metal purity, which was my first thought.

collectors order proof coins through the U.S. mint each year. they are specially made (hard to tell from the pics) with a mirror finish.

 

[Dancing Fire]

Isn't there a good chance that in ten years with an improving economy the price will go back up? Maybe not to 10k but 8k would be nice!

don't know when the coin market will recover,it crashed in the mid 90's.

 

[Imdanny]

Congrats!!!

 

[Lady_Disdain]

DF, what does proof mean in this context? From the value difference, it can't be just metal purity, which was my first thought.

collectors order proof coins through the U.S. mint each year. they are specially made (hard to tell from the pics) with a mirror finish.

And what is the difference between a proof 64 and proof 66? Why such a huge price difference?

Sorry - I know nothing about coins and you got me curious!

 

[Dancing Fire]

DF, what does proof mean in this context? From the value difference, it can't be just metal purity, which was my first thought.

collectors order proof coins through the U.S. mint each year. they are specially made (hard to tell from the pics) with a mirror finish.

And what is the difference between a proof 64 and proof 66? Why such a huge price difference?

Sorry - I know nothing about coins and you got me curious!

in diamond term ? = clarity.. a VS2 stone compared to a VVS2 stone. the dollars value difference on this coin aren't really that great.there are coins with the value difference b/t two grades that are into the 6 figures.

 

[Dancing Fire]

Congrats!!!

thanks Danny.. even after this upgrade, if i sell the coin today i will still lose a few hundred bucks... but if i didn't get the upgrade the coin only worth about $1600 in today's market.

 

[Lady_Disdain]

DF, what does proof mean in this context? From the value difference, it can't be just metal purity, which was my first thought.

collectors order proof coins through the U.S. mint each year. they are specially made (hard to tell from the pics) with a mirror finish.

And what is the difference between a proof 64 and proof 66? Why such a huge price difference?

Sorry - I know nothing about coins and you got me curious!

in diamond term ? = clarity.. a VS2 stone compared to a VVS2 stone. the dollars value difference on this coin aren't really that great.there are coins with the value difference b/t two grades that are into the 6 figures.

I would prefer the explanation in true terms, actually.

 

[Dancing Fire]

DF, what does proof mean in this context? From the value difference, it can't be just metal purity, which was my first thought.

collectors order proof coins through the U.S. mint each year. they are specially made (hard to tell from the pics) with a mirror finish.

And what is the difference between a proof 64 and proof 66? Why such a huge price difference?

Sorry - I know nothing about coins and you got me curious!

in diamond term ? = clarity.. a VS2 stone compared to a VVS2 stone. the dollars value difference on this coin aren't really that great.there are coins with the value difference b/t two grades that are into the 6 figures.

I would prefer the explanation in true terms, actually.

the amount of hair line on the coin determines the grade,less hair line,well struck = higher grade.a perfect coin is graded PR or MS 70. IMO, there is no such thing as a perfect coin even though there are some coins graded 70 by the grading labs.