Bent Coin = How Much Value Lost? - Coin Community Forum

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Author	Replies: 5 / Views: 6,481
Hammer Dog New Member United States 1 Posts	Posted 02/09/2011 5:35 pm I recently picked up a Type II 1854 gold dollar off ebay. When it arrived yesterday, I noticed it was slightly bent. Not much, but noticeable. In terms of detail, I would grade it at worst a VG. The NGC price guide lists an 1854 Type II VG at $210. The seller is willing to refund my money or give me a discount. I paid $185 for it. How would being slightly bent detract from its value, in your opinion? Thanks, James Report this Post to the Staff

Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 02/09/2011 6:10 pm If I bought the coin, I would return it for the full refund. Report this Post to the Staff
fioti Pillar of the Community United States 4212 Posts	Posted 02/09/2011 6:47 pm Your coin is worth BV. There's no way I'd put up with a bent coin. Skip the discount and get your $$ back. Report this Post to the Staff
atlashealth Pillar of the Community United States 1691 Posts	Posted 02/09/2011 6:50 pm price guides are for coins without issues...the true value of your recent purchase would be a little over melt since it is not a rare coin (almost a million struck)in the neighborhood of $100...basically you overpaid...if you can get a refund...you should...if not enjoy the coin anyway...it might eventually be worth what you paid. Edited by atlashealth 02/09/2011 6:51 pm Report this Post to the Staff
invisibleninja7 Valued Member United States 91 Posts	Posted 02/09/2011 6:53 pm How much is the discount? If it's good I would take it seeing as it is made of gold and presumably the value can only go up from here. FYI, it's $70 just in gold right now. Report this Post to the Staff
coinguybrian Rest in Peace United States 5375 Posts	Posted 02/09/2011 7:07 pm I'm guessing the coin is better than VG, I would value it @ at least $140 because the type 2's are quite scarce. It would be more if it was extremely slight. Report this Post to the Staff
	Replies: 5 / Views: 6,481

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