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 Replies: 380 / Views: 45,827 |
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Pillar of the Community
United States
8516 Posts |
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
7375 Posts |
A privilege just to read this thread. Much knowledge and wisdom here. Great find  Edited by edweather
12/17/2014 7:09 pm
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Valued Member
 United States
122 Posts |
What a great thread 52Raymo! That's exactly what I needed! Almost all my questions were answered... Everything from auction questions to tax info. This is waaaaaaaaay more stressful than I thought. I think that guys 1870 CC half should have fetched way more... Thats the risk with the auction. Man, I'm just so perplexed here. I obviously can't complain here. I just found at least a few thousand dollars in the ground, not to mention the fact that statistically I could have won the lottery before hitting this coin. That being said, I'd love to see this go for a fair price. Beggars can't be choosers. I was offered $7200 cash money today. What do you think? Fair price?
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Valued Member
United States
122 Posts |
I would like to say though that it would be "cooler" to have it in an auction from an article and documentary stand point. I'v already been shooting video of this dilemma. Not of the actual finding of the coin. But the realization and then the process you're currently seeing. Should be a great video... Hopefully with a VERY happy ending?
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Pillar of the Community
United States
3159 Posts |
so was it your Dan that offered the $ ?
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Pillar of the Community
United States
7375 Posts |
I'm certainly no expert on the coin industry, but if I could give advice to myself, it would be to slow down, pause, and take a step backwards. The right option will present itself in time. Gather the info and relax. It's a luxurious problem to have.  Enjoy the process, and don't force a decision. |
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Moderator
 United States
16679 Posts |
IMHO, your looking at an AU Details coin..problem free, this coin is worth over $20,000.
If it were my coin, I'd put it in a PCGS slab and go through Heritage.
It's a very important coin worthy of a key auction house.
swcoin.ecrater.com
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Moderator
United States
23522 Posts |
The closer I look, the more I think they might call it XF Details. There's a little too little for me to reach AU, though. That should immediately put this coin into 5-figure range. This one is really worth maximizing via patience.
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Valued Member
167 Posts |
That's easily an XF details coin. If you want to sell, I'd contact GreatCollections. Great rarities like the '01-S will command attention and a strong price no matter where they're listed, and GC has the lowest sellers fees around, plus the best customer service, in my humble opinion. Ian is an easy guy to work with, I've consigned well over $50,000 worth of coins to them and I've never had a problem.
No matter where you sell it, you will do well. Congratulations on a truly amazing find.
As an edit, I noticed somebody criticized USPS. I've mailed $10,000 coins registered and not had a problem with them. Insure it, of course, but the risk of losing anything via registered mail is slim to none. I would say I have shipped probably well into 6 figures worth of coins via USPS and have had only one go missing and even that one turned up months later. Any fear of shipping this via registered mail is unfounded, in my humble opinion.
Another edit, I would turn down the $7,200 offer. I think you've got a $9,000-$10,000 coin there.
Edited by MorganGrader
12/17/2014 9:28 pm
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Valued Member
United States
122 Posts |
Yeah, I'm not going to make any rash decisions. After reading the above thread about the 1870 CC half flopping in the auction, I'm a little worried about that rout. But I do feel it's the best choice at present.
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Moderator
United States
16679 Posts |
Quote:
, I would turn down the $7,200 offer. I think you've got a $9,000-$10,000 coin there. I was about to add that to my last post  This is a $8000-10000 flipper IMO. @ $7200, believe me he's going to flip it. swcoin.ecrater.com
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Valued Member
United States
122 Posts |
Oh yeah. Yeah I knew off the bat he was gonna flip it. The offer came from a coin shop. I have yet to meet with Dan. Sounds like Friday I might visit with him and get his opinion
Edited by DrTones
12/17/2014 10:19 pm
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Pillar of the Community
United States
1208 Posts |
Good stuff...
Keep us updated.
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Valued Member
United States
122 Posts |
I will! I'm just reeeeeeeaaally hoping when I send it in, it comes back with a details grade instead of un-gradable.
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Moderator
United States
16679 Posts |
It will. All the major TPG's are assigning details grades and this one is definitely gradeable. swcoin.ecrater.com
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Replies: 380 / Views: 45,827 |
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Posted 12/17/2014 7:08 pm
