1836 Gobrecht

A reply and my answer:

"You still haven't said what his goal is. It's a great coin, and he's going to make a bundle on it. If he wants to sell it, I'd say leave it in the slab and sell it as a Genny [ genuine] . It might cost him a bit of discount, but probably less than he might fear, and it will provide at least some validation to any likely buyer. If he cracks it out, he will amplify any fears that it's fake. I think that anyone who wants it won't be that put off by the Genny holder.

The truth is that in the current market, it's probably worth more in plastic than it is raw.


And my reply:

The goal, my goal, is to promote the idea that there is more than one source for opinions. One of the items on my agenda is to bridge the gap between traditional collectors and internet collectors.
I shall post you your reply without editorial. Apparently, while he is in no hurry to sell, he has bought into the idea that plastic is easier to sell. He is custodian of an estate. With a coin like his, plastic means nothing to an expert such as yourself.
AND he might actually keep it, but want his heir(s) to avoid difficulties. A noble goal.
Last I heard, he is off spending a week baby sitting his grand kids. I told him that "Family is more important than coins" and I hope that he understands. Between you and me, at least one other online collector has
said unkind things about the LSCC: "They ignore my questions." I have no answer for him. TOO many impatient people now-a-days.

Bottom line: Leave it in the genuine holder and don't worry for a few months. A "Genny" is NOT a bad label, right?

I thank you for your reply.
Matthew
BCCS and LSCC

I like this reply. Any person who is willing to purchase this coin will do so based upon knowledge of the series. Thomas, you have proof that your coin is genuine.
That, in my opinion, is much more important that chasing an elusive piece of plastic which "says it better."
Just one of many opinions.

I want to make an observation. There is absolutely nothing wrong with getting opinions from other places. In this case the other opinion is the same one that has been repeated here many times.....the coin is worth more as slabbed genuine than it would be raw.

I'm not impressed with the apparent denigration of the opinions of forum members. The claim that no member here has sufficient expertise to judge this coin & that somehow "traditional collectors" are different from "internet collectors" is troubling to me. The truth is that we have members with ALL levels of expertise, from beginner through expert & many of these members were "traditional collectors" long before the advent of the internet.

If this coin was mine, and I simply wanted to liquidate it, I'd submit it to Stack's. I'd refrain from going through a slabbing ordeal and rely upon their expertise. I'm in no way affiliated with Stack's; just a humble collector and fifty-plus year student of the hobby. Stack's has a forthcoming auction of great, U.S. coin rarities that will draw top bidders from across the country. The Stack's pedigree carries weight for many collectors.

Seasoned numismatists will buy the coin and not the slab. Consider that there have been coins in top-shelf TPG slabs that were once graded AU and somehow, at a later date, got upgraded to uncirculated status.

I still say send it to NCS they are the experts on what can be restored or not. Worth a shot at least.

Love it! And I would add everybody gets to kiss and make up, if they wish.

But I haven't been offended yet. I feel left out. How can I kiss and make up if no one goes to the effort to make me mad?

Uhhhm, ok, I guess not.