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Spare 11k? Buy This For Me...

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189767 Posts
 Posted 02/16/2016  09:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
As the old saying goes on ebay: "Insurance protects sellers, not buyers."
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 Posted 02/16/2016  11:21 am  Show Profile   Bookmark this reply Add CollectorKing to your friends list
Hmmm... Nice coin.
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 Posted 02/16/2016  12:24 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list

Quote:
Why? Really. Why? When you could get one just as nice for a fraction of the cost? Especially for such a small coin.


You are joking, right?

NCG pops for 1865s are 4/1, PCGS is 3/1. Across the entire 3CS there are just 13 finer in PCGS and 22 in NGC plastic (assuming those weren't crossed to PCGS).
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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17900 Posts
 Posted 02/16/2016  12:28 pm  Show Profile   Bookmark this reply Add moxking to your friends list
This price is actually a little less than our good friends at PCGS and NGC post for the value of this coin. This of course has nothing to do with actual real life selling prices.

One constant that can always be counted on. If a seller knows next to nothing about a product, they will always ask the highest price that the blue moon told them it was worth.
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 Posted 02/16/2016  2:02 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
You are joking, right?


No. I was not. Let me rephrase myself. There is not an appreciable difference in between two point grades for such a small coin. Why spend $11,000 on something when you can pay less than $1000 for something that has nearly the same eye appeal?

I don't give a dookie that a coin is top pop, unless I wanted to sell it, especially if you need a magnifier to see the difference. That MS-65 I posted has just as much eye appeal as the MS-67 at a fraction of the cost. That number is just an opinion from the graders, and its rarity is conditional, meaning that its value can only go down if more are certified in that grade.

Now for larger coins, say Morgan dollars, there is can be an appreciable difference between two points in the lower MS grades, but the highest MS grades are separated by only a couple ticks. $1000 for an MS-67 Morgan or $35000 for an MS-69 Morgan? I'd rather pay up for the MS-67 as I feel like I am getting more for my money as far as eye appeal is concerned.

But this is how I collect. I buy the nicest example I can for the least amount of money possible. I am not too concerned with rarity when it comes to US coins.
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 Posted 02/16/2016  3:14 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Actually, I've had one MS67 in my hand (Gene Bruder was trying to get me to buy it) and you can tell the difference: there are lines on the edges of the diamond that are razor sharp. I know it's technically strike, but it just looks that much better than an MS65.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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152 Posts
 Posted 02/16/2016  5:02 pm  Show Profile   Bookmark this reply Add jwitten to your friends list
Poor guy doesn't understand how eBay/shipping/insurance work. If HE wants protection, he should pay for insurance. Buyers are always protected.
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 Posted 02/16/2016  5:41 pm  Show Profile   Bookmark this reply Add barryg to your friends list
I'm happy with this one I got at a fraction of the cost:

Spare-11k?-Buy-This-For-Me... Spare-11k?-Buy-This-For-Me...

And yeah, I realize mine is 1864 and not 1865, but still...
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 Posted 02/16/2016  5:50 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Completely agree with TypeCoin.

barryg - wow,just super.
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343 Posts
 Posted 02/16/2016  5:51 pm  Show Profile   Bookmark this reply Add SpaceMaNy0 to your friends list
Man, all of those coins are so pretty. I do love me some 3 cent silver.
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 Posted 02/16/2016  5:53 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
No. I was not. Let me rephrase myself. There is not an appreciable difference in between two point grades for such a small coin. Why spend $11,000 on something when you can pay less than $1000 for something that has nearly the same eye appeal?

Well if you are just buying it as a type coin I would agree with you, but considering one is an 1862 and a common date, and the other is an 1865 and a pretty rare date as a business strike I think it makes a difference. It would be like saying why pay so much for an 1893 S morgan when you can get a 1921 so much cheaper.
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343 Posts
 Posted 02/16/2016  5:54 pm  Show Profile   Bookmark this reply Add SpaceMaNy0 to your friends list
I zoomed in on one of the pictures, and I turned my phone over to see the other side. [/headshake]
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 Posted 02/16/2016  8:48 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
And my 3cs collection is all XF. So it's a really only for the NGC grading set.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 02/16/2016  9:40 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Point taken, Condor.
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 Posted 02/17/2016  4:33 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
Condor101... what you said... TypeCoin, you are talking apples to oranges.. the date of the one you posted is not the date of the one for sale.
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