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1793 1c Chain Cent S-1 In PCGS AU-50 For Sale.

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Pillar of the Community
United States
7621 Posts
 Posted 04/17/2024  3:57 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
One of those "Well, where you gonna come up with a better one?" kinda coins!

Always nice to see them!
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 Posted 04/17/2024  4:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Surprised someone with his rep would turn to ebay.
Bedrock of the Community
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 Posted 04/17/2024  6:01 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
CVM has been doing business on ebay for many years, mostly through his Frisco Mint store. Often times for "banner" coins like these, you list it on ebay not to sell it as much as you list it for free advertising/publicity/promotion.






Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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 Posted 04/17/2024  6:21 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list

Quote:
you list it on ebay not to sell it as much as you list it for free advertising/publicity/promotion.

Well put....and a coin like that will definitely draw people in and have them look through his other items for sale.
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15458 Posts
 Posted 04/17/2024  6:48 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
Fabulous coin - I can only dream about owning one like this someday.
Take a look at my other hobby ... http://www.jk-dk.art
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 Posted 04/17/2024  7:52 pm  Show Profile   Bookmark this reply Add jdmern to your friends list

Quote:
Surprised someone with his rep would turn to ebay.


There are many serious coin dealers, with fantastic reputations who sell on ebay...
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Bedrock of the Community
United States
74494 Posts
 Posted 04/17/2024  11:08 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
I would love to own that coin. Only in my dreams though.
Errers and Varietys.
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 Posted 04/18/2024  09:53 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Often times for "banner" coins like these, you list it on ebay not to sell it as much as you list it for free advertising/publicity/promotion.



Quote:
There are many serious coin dealers, with fantastic reputations who sell on ebay...
Agreed. I know how much it costs to run and maintain an eCommerce site. It is not trivial. ebay offers an economical solution for any B&M to dip their toes into online sales.
Bedrock of the Community
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 Posted 04/18/2024  3:28 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
There are at least five major avenues for dealers to sell coins (not including brick and mortar storefront and coin shows)

1. Dealer website. High overhead, and very expensive to maintain, and does not have guaranteed exposure to a wide collector base without extensive SEO and promotion/advertising, but you don't have to pay listing or sales fees or deal with time limits on listing durations, and you can offer alternative payment systems such as e-Check, Zelle and MO/PMO that ebay and other sites do not support.

2. Business-to-business (B2B) usually via CDN or closed private Facebook/Google Groups.

3. Electronic and physical mailing lists / newsletters. Very old school and extremely time consuming but still has a few major dealers that do this way (Miller's Mint, Steve Album, e.g.)

4. Major auction houses such as Great Collections, Heritage, Stack's, Kagin's, etc.

5. Online auction sites such as ebay, or online "aggregators" such as MA-Coins, or other international sites such as cgb.fr, Künker, et al.

Out of all of the above, ebay has by far the most exposure with the largest collector market. There's a reason that it is far and away the #1 coin marketplace in the United States and why nearly every major dealer in the United States has a strong ebay presence.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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United States
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 Posted 04/19/2024  1:29 pm  Show Profile   Bookmark this reply Add thq to your friends list
Going from the sublime to the ridiculous, I spotted a 1793 chain cent at the local shop for $3500. It was dark and I wasn't interested in what it was until today. ANACS G details corroded. Decent chain but obverse is terrible. And I'm still not interested. Still nice to see one in a shop.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
04/19/2024 1:30 pm
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 Posted 07/24/2024  8:57 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
It is estimated that there are approximately a little over 500 surviving examples, in all grades.
I pulled the trigger on one years ago. I bought it raw and it has since been certified by PCGS.
That AU50 example is beautiful. It boggles my mind to think who could have held these at one time.
George Washington? James Madison?
swcoin.ecrater.com
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 Posted 07/24/2024  9:32 pm  Show Profile   Bookmark this reply Add KenKat to your friends list
You guys better hurry - 3 people have this $160k coin in their cart!
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2237 Posts
 Posted 07/24/2024  10:58 pm  Show Profile   Bookmark this reply Add livingwater to your friends list
Would be nice to be able to afford it. I have two 1794s low grade, planning on buying the silver 230th flowing hair in the fall.
New Member
United States
40 Posts
 Posted 08/04/2024  02:58 am  Show Profile   Bookmark this reply Add coin_coin_guy to your friends list
Beautiful coin. America's first minted coin. I can never afford one and if I had 160k laying around I would think of better things to do.
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