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Replies: 17 / Views: 1,183 |
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Valued Member
 United States
451 Posts |
Hi, thank you. I have been buying BU copper rolls from a local man apparently doesn't search to rolls. He gets great dates for me to buy and only charges $6 per roll. Some are in the original bank wrapping and some are tubed.
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Bedrock of the Community
United States
74556 Posts |
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Pillar of the Community
 United States
1998 Posts |
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Pillar of the Community
 United States
1465 Posts |
Wow, just look at that "FG"! Nice pics as well!
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Pillar of the Community
 United States
5780 Posts |
That's an excellent variety. Congrats and very nice images
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
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Pillar of the Community
 United States
6539 Posts |
That's a classy DDR. Love those splits, notches, and the funky FG.
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Bedrock of the Community
United States
94367 Posts |
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Moderator
 United States
96857 Posts |
Another nice Find - great DDR.
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Pillar of the Community
United States
4135 Posts |
You are finding a lot of nice coins, good job.
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Pillar of the Community
United States
6116 Posts |
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Moderator
 United States
189053 Posts |
Very nice! 
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Valued Member
 United States
451 Posts |
Hi, sold on 8/05/ 2024 for $199.99. Did I sell it for a good price or could I have made more?  What do you think this coin would grade at? It has some big bag damage on OF and E P U. Let me know thanks, Frank B
Edited by Frank Baumann 09/13/2024 08:48 am
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Pillar of the Community
 United States
1998 Posts |
I would take that price any day
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Pillar of the Community
 United States
8775 Posts |
I'm with lawest, if you pulled 200 dollars, you did well on this variety.
-makecents-
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Pillar of the Community
United States
6116 Posts |
No clue who bought the coin for $200, but that's a failure to shop around. There are several similar examples of this die on ebay for $149.99/best offer. In a PCGS MS65RD slab the coin would likely sell around $240 (full guide value is $285, last one I could find sold last year for $235). So someone buys the coin for $200, invests around $60 to get it in a PCGS slab and hopes it goes MS65RD. So they have $260 in the coin and slab. They decide to sell it, it goes for $240, they pay about $30 sellers fees and shipping and whatnot. So their total outlay is $290 (coin plus grading plus sellers fees) and total income is $240 for a $50 loss. Pretty much $150 is the break-even price for the coin, or it is just plain cheaper to buy one already slabbed and then there is no risk that it comes back with a low grade or worse a "details" grade for wheel marks, which happens all too often. The economics of coin grading and buy-in price for RAW coins can be tricky, and far too often people buying coins lose out in the process. But I spent $8,800 last year in grading fees, so I do know how it works and at what point a coin is just priced too high to start with. Sure, the buyer may not be looking to grade the coin, but then it's still a $150 coin on ebay, and with buyers fees they would get $135 if they sell it, losing even more money. I try not to comment on coin prices too much here, but you asked, and the answer is no, I do not believe you should have got more for the coin, rather a whole lot less.
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