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What Would Be A Fair Price For This 1800 Draped Bust Cent?

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Nathancrh1's Avatar
Canada
785 Posts
 Posted 09/16/2013  7:56 pm  Show Profile   Bookmark this reply Add Nathancrh1 to your friends list Get a Link to this Reply
If you can't pick it up for more than $50 I would be patient and wait for a better example. It is probably not wise to spend money just because you want to spend money. But I can't control what you do with your money.
Valued Member
United States
360 Posts
 Posted 09/16/2013  8:22 pm  Show Profile   Bookmark this reply Add Afterimage to your friends list Get a Link to this Reply

Quote:
If you can't pick it up for more than $50 I would be patient and wait for a better example. It is probably not wise to spend money just because you want to spend money. But I can't control what you do with your money.


Wut? Where did you get the impression that I want to spend money just for the sake of spending money?

I live in the boondocks, so I can only buy coins at local antique shops or the internet. I've already explained the situation with my LCS.

If I can acquire this piece for $50 to $75, I think it would be a decent deal.

Type "1800 Draped Bust Cent" into ebay's search function and look at some of the ridiculous asking prices for the same coin in worse condition. The coins that are actually nice are out of my price range at this time.

Thanks for taking the time to reply, though.

Maybe I should just wait and see what 1893S has to say before I make a decision.
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amida17's Avatar
United States
4897 Posts
 Posted 09/16/2013  8:28 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
I like it in the $50-$75 range. But no more.
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panzaldi's Avatar
United States
18708 Posts
 Posted 09/16/2013  8:31 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
I would grade this at VG8. It would receive a details grade. If I had to buy this I would go up to $50
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jerseyben's Avatar
United States
1211 Posts
 Posted 09/17/2013  07:36 am  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
If I were forced to bid on this coin at gunpoint, $50 would be my max bid.
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pawpaw34's Avatar
United States
331 Posts
 Posted 09/17/2013  08:05 am  Show Profile   Bookmark this reply Add pawpaw34 to your friends list Get a Link to this Reply
There is nothing better than an old copper. Last I checked they were not makeing anymore of these. (lol) I would top out at $75.00 dollars though.
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GR58's Avatar
United States
11951 Posts
 Posted 09/17/2013  10:46 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I am at a coin shop this morning, so I can check the greysheet.

1800 normal date
AG $25
G $50
VG 8 $80

So take into account that the problems with this coin will give it a details grade, meaning it will bring the price down. Then understand that dealers
buy back of greysheet.

Now I am thinking that a dealer would pay in the $25 to $35 range. Also remember problem coins are hard to sell.

I am getting the feeling you are liking this coin, I can understand that. I have coins similar to that one in my collection. I would try not to overpay for it. If it was me, now that I checked the price.

I would feel good getting this coin in the $35 to $40 range. It does sound like you do not have good access to coins, so if you really like it, then $50.
Valued Member
United States
360 Posts
 Posted 09/19/2013  5:52 pm  Show Profile   Bookmark this reply Add Afterimage to your friends list Get a Link to this Reply
Well, I wound up pulling the trigger on this coin. I offered $50 as was suggested and it was accepted!

Here she is under natural lighting conditions:

1800
What-Would-Be-A-Fair-Price-For-This-1800-Draped-Bust-Cent?

What's going on in the field behind her head? Is that gunk that's just been on the coin for who knows how long, or is it a mint error?

What-Would-Be-A-Fair-Price-For-This-1800-Draped-Bust-Cent?

It has some luvly toning going on, too! Beautiful greenish-blue and purple goodness.

What-Would-Be-A-Fair-Price-For-This-1800-Draped-Bust-Cent?

I am very happy with the coin even though it has some issues. It is now the oldest American coin in my collection!

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GR58's Avatar
United States
11951 Posts
 Posted 09/19/2013  8:48 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I am glad you got the coin .. and like it.

I want to say ...I like the firsts pics better.

With out being negative, can I ask if someone tried cleaning this coin,
it could be just the lighting.

I do agree it is a nice piece of old history.
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philadelphian's Avatar
United States
3253 Posts
 Posted 09/19/2013  9:18 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Looks to be a very late die state. Here's a Heritage example that shows the beginning of that linear die pitting behind Liberty; much more advanced on yours.
http://coins.ha.com/c/item.zx?saleN...otIdNo=11219
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KenKat's Avatar
United States
4085 Posts
 Posted 09/19/2013  9:32 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Nice score! Congrats!
Valued Member
United States
360 Posts
 Posted 09/20/2013  2:02 pm  Show Profile   Bookmark this reply Add Afterimage to your friends list Get a Link to this Reply
@GR58: I do not know if the coin has been cleaned, but I am assuming at some point it has been.

The coin's color looks like the original photos. The only reason those colors came out like that was because I held it or shot it at an angle under direct sunlight.

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