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 Replies: 23 / Views: 2,736 |
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Bedrock of the Community
United States
11894 Posts |
Seems way high given the damage. This coin has a low mintage of 15k but it doesn't appear to be that hard to find if you want one.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
12/10/2017 4:48 pm
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Pillar of the Community
 United States
3479 Posts |
@numismatic student that is NOT PMD. It's a 'strikethrough error' 48 is a really tough year. Similar to 44's which don't come up for auction very often. This coin had ho hum eye appeal but it just goes to show how much pent up demand there is for original slds. I'm surprised it went for $1,800. Just imagine what an original 48 with eye appeal would sell for. That's why you can toss out your price guides for this series. |
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Bedrock of the Community
United States
11894 Posts |
No one said it was PMD. It is damaged nonetheless. I don't know about pent up demand. A cursory internet search shows: 1848 SLD PCGS VF30 for sale by Dick Osburn 1848 SLD PCGS XF40 for sale at Northern Nevada Coin 1848 SLD PCGS XF45 for sale at APMEX1848 SLD PCGS AU Details for sale on the Bay 1848 SLD Raw XF for sale at West Coast Oregon 1848 SLD PCGS AU50 for sale at West Coast Oregon 1848 SLD PCGS AU53 for sale at Coast to Coast 1848 SLD PCGS AU53 for sale by David Perkins Looks like you can go out and buy a dozen of them by scooping up online inventory and calling a few specialists. Thing is you probably couldn't round up a dozen people interested in buying this coin at wholesale bid. In spite of the low mintage it is only an R2. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
12/10/2017 7:40 pm
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Pillar of the Community
United States
3479 Posts |
It you want to play that game please post links. Again, we are talking about 48's in au with original surfaces. Any stooge on an given week can go out and purchase cleaned junk coins in the seated series. Once again, finding them with original surfaces and eye appeal is far more challenging. I don't understand why you can't comprehend that simple concept. It's not complicated unless you are just looking for an argument.
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Bedrock of the Community
United States
11894 Posts |
I suppose I can't comprehend paying full freight for the eye appeal of a coin with damage. This coin sold at wholesale bid and was lucky to get that. I will gladly buy damaged coins with other elements that appeal to me way below wholesale bid.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
12/10/2017 8:21 pm
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Pillar of the Community
United States
3479 Posts |
Do you remember this 65 I bid on awhile ago? http://goccf.com/t/287770This coin is now for sale on Dick Osburn's site for $750 more than it hammered. http://www.dickosburn.com/product.p...at=34&page=4That's part of my point which I don't always do a good job of explaining. The after markups, if you can actually find and follow the coins are far higher than the prices realized at auctions. That's the secondary market. In most instances from my experience you will have your best shot at best prices at auction. It would not surprise me to see this 48 again on some other website. Like you I was kind of surprised it hammered at $1,800. The eye appeal just wasn't there for me. Did the strike through error bother me? Yes, but not so much as the dull and boring appearance of the coin. Edited by MikeF
12/10/2017 8:39 pm
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Pillar of the Community
United States
3479 Posts |
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Pillar of the Community
United States
8715 Posts |
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Replies: 23 / Views: 2,736 |
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Posted 12/10/2017 4:55 pm
