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Moderator
 United States
188770 Posts |
Very nice!  |
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Valued Member
United States
293 Posts |
Gyrene7483: To pop it out or not that is the question. If that 1931-D were mine and it was not encased I'd probably try to sell it for between $15 to $20. Because it is encased my guess would be that it would bring at least that on ebay. It is a novelty item so this is one of those things you need auction fever for. If you want to sell it I try to get more like $30 for it which is in the AU-50 range for a 31-D. The great news is that you got it for $5 so you're in the money either way. Me I honestly would keep it as it is cause it's really neat. Think about what it adds to your set of Lincolns. |
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Bedrock of the Community
United States
17884 Posts |
The problem is it is a white elephant. A collector of encasements may be willing to pay a little more because it is a semi-key date coin but not much more because it is the encasement he is interested in not the coin. If he can get the same encasement with out the semi-key he will be just as happy. Possibly happier because he can buy it for less. A coin collector will have very little interest in it because it is in the encasement. He collects coins not encasements so he will not pay much even though it is a semi-key coin. If you pop the coin out of the encasement you then have a mutilated encasement of little or no interest to the encasement collector and a damaged semi-key coin of very little interest to the coin collector except at a steep discount. Lets say this is typically a common encasement worth $5 And that a problem free 31-D in that grade is a $30 coin. In the encasement an encasement collector might be willing to pay $7 - $10 because of the better date coin. Pop it out of the encasement and you have a PMD damaged 31-D that you might be able to get $10 for instead of $30. |
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Pillar of the Community
United States
2764 Posts |
Good points, Conder101.
However, what about the hybrid type of collector (coin-encasement collectors) that's looking for the best of both world? Does that even exist?
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Pillar of the Community
United States
8517 Posts |
Put it in an album and you would never see the edge lol.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
United States
17884 Posts |
Quote:
However, what about the hybrid type of collector (coin-encasement collectors) that's looking for the best of both world? Does that even exist? It might but it starts to become a question of which is rarer, the collector or the collectible? And when you do find him, why should he pay much of a premium? Who else are you going to sell it to? |
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Pillar of the Community
Canada
2805 Posts |
Quote:
LOL, that is funny that it's a D. I doubt that anyone looked at the coin other than to make sure it was aligned right. BTW, keep it encased. The process messes up the rim. Makes it look like a pulley. Makes it look like 2 Euro Cents... |
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Pillar of the Community
United States
8517 Posts |
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
 United States
12840 Posts |
Those are so cool. I'd never seen anything like that before; thanks to all for sharing your photos!
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Pillar of the Community
United States
1053 Posts |
In Coin World, a similar one to the bell ( this one wa St. Louis) sold for $51, graded ms-62 by NGC and with a 1904 IHC |
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Pillar of the Community
United States
1053 Posts |
Some of them can be really valuable.
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Valued Member
United States
293 Posts |
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Valued Member
United States
293 Posts |
Here is one from the famous Stork Club one ebay now: http://www.ebay.com/itm/1937-ENCASE...em35c9c6900a What would really be neat is if somebody had one from the 21 Club also in New York City. This place was never successfully raided by the Prohibition agents. They never could find the false wall. Much to the fishes chagrin! |
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Valued Member
United States
293 Posts |
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Valued Member
United States
293 Posts |
Okay I've got to do one more just encase somebody doesn't know what this organization is: http://www.ebay.com/itm/1923-Illino...em5658f74960The I.O.O.F. stands for International Organization of Odd Fellows. They are/were a Masonic organization. If you go to several small Midwest towns with courthouse squares you will often seen a building that was an I.O.O.F lodge at one time. Several Midwest towns had a cemetery founded by them that was often the only non-sectarian cemetery in town. The I.O.O.F. lost several of their lodges in the Great Depression. Often the local lodge simply could no longer afford the upkeep. |
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Posted 07/19/2013 08:33 am
