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1800 Dime--Burned?

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Adam590's Avatar
United States
758 Posts
 Posted 03/18/2011  7:09 pm Show Profile   Bookmark this topic Add Adam590 to your friends list Get a Link to this Message Number of Subscribers
I am looking to replace (and upgrade) my old draped bust dime. I found this on ebay--

http://cgi.ebay.com/ws/eBayISAPI.dl...5197.c0.m619

I like the date and I like the "character" of the coin but am wondering if

1) this is wise from an investment standpoint
2) this coin is "too damaged"
3) the best I can do for this date in this price range
4) worth the money (I have made NO offer yet)

Any insight/opinions would be appreciated. Thanks.

-Adam
Edited by Adam590
03/19/2011 12:14 am
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Darth Anarchus's Avatar
United States
1388 Posts
 Posted 03/18/2011  9:56 pm  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
I'm no expert, but that's a lot of money without a chance of refund. From an investment standpoint I haven't seen too many people pay a lot extra for "environmental damage". With that said, collect as you like... Good Luck
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 03/18/2011  10:38 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
1) this is wise from an investment standpoint No.
2) this coin is "too damaged" For me it is.
3) the best I can do for this date in this price range No.
4) worth the money (I have made NO offer yet) No. It's a $1,000 coin to most people.

Asking price is double what that coin is worth IMHO.

ANA #R3154474
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Adam590's Avatar
United States
758 Posts
 Posted 03/19/2011  12:09 am  Show Profile   Bookmark this reply Add Adam590 to your friends list Get a Link to this Reply
Thanks for your responses. I am thankful for your better judgment about the market, which I have been out of for a long time. Yeah--the lack of a refund option scares me away--it is just too much money for that kind of chance. I have not seen any other 1800 dimes on the market except for the one I had when I was 15. The obverse was worn so smooth that even the bust was not visible, only two letters in LIBERTY and the date were left! I bought it for 140 and sold it for 150 the next year.
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 03/19/2011  12:25 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I don't like it, personally. Bad investment at that price of course, but the obverse color kills the coin even for a spot in my bust dime album. Obviously, I can't afford $10000 coins, so I often settle for damaged coins, but I try to get ones that aren't disfigured. The problems are just too obvious on the obverse. The reverse is fine. Light damage is the best because it often results in a heavy discount, but little impairment unless you really look for it.
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 03/19/2011  09:27 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
I think the coin in beautiful. Would I pay top dollar for it? No but if I could get it at a more reaosnable price I would probably jump on it. I think it would be one of those coins you always look for in your collection.
Bedrock of the Community
United States
20753 Posts
 Posted 03/19/2011  7:27 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
$2750 TO $2200.00

Not anywhere near a price like that. I'd feel really irritated every time I looked at it and realized the types of coins I could have instead.
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