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Pillar of the Community
United States
4692 Posts |
Quote:
and it comes in a special baggie  |
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Pillar of the Community
United States
8715 Posts |
$16,005.00 is pretty expensive for a holder.
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Pillar of the Community
United States
9792 Posts |
Out of all the GSA dollars released in the soft packs, there are known to be under 10 - somewhere in the single digit number, that alone is worth a bunch to a collector, maybe $3-5K alone, I personally don't think the holder is worth that much, yet it is a very cool and historically rare coin with a known pedigree so who knows what it's true worth is? THe only way would be to put it up at a big auction and see. I'd guess this coin would bring in around $7-8K at auction.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Bedrock of the Community
United States
17884 Posts |
I've known about the 1864 GSA dollar for a LONG time and I have never heard of another GSA Seated dollar until now. I know the 1864 sold for thousands about 8 to 10 years ago. Yes it is worth a BIG premium over that of just a common Seated dollar, but I think 16K is a little optimistic. I could see it going for 4 to 6 thousand though. |
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Pillar of the Community
United States
4233 Posts |
I wonder how a TPG authenticates these. It's just a cheap plastic token and some shrink wrap. Seems like it would be pretty easy to counterfeit the packaging and turn a real $400 coin into $4000+. Heck, you could just cut a real token out of a cheaper one, and then all you have to do is duplicate the shrink wrap. |
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Pillar of the Community
United States
9792 Posts |
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Bedrock of the Community
United States
10982 Posts |
Quote:I wonder how a TPG authenticates these. It's just a cheap plastic token and some shrink wrap. Seems like it would be pretty easy to counterfeit the packaging and turn a real $400 coin into $4000+. Heck, you could just cut a real token out of a cheaper one, and then all you have to do is duplicate the shrink wrap. It does make you wonder. You could buy one for under $60: https://www.ebay.com/itm/1923-Peace...f:0&LH_BIN=1Then replace the Peace with a Seated?  |
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Pillar of the Community
United States
4692 Posts |
Perhaps the one being offered for sale is just that.
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Pillar of the Community
United States
4692 Posts |
In my opinion it's better to be in a PCGS or NGC slab rather than an obscure TPG. Not that this is necessarily one of them (although I've never heard of INS) but there were a lot of no-name slabs back in the 70s and 80s with grossly overgraded coins in them thus making people wary of slabs that are not well known today. A coin like this one really should be liberated from its current slab. |
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Bedrock of the Community
United States
10982 Posts |
Your INS slab has 1988 written on it. You'd be much better off (if selling) with it in a Top Tier TPG holder. |
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Bedrock of the Community
13014 Posts |
Quote:
Not that this is necessarily one of them (although I've never heard of INS) They were legit at the time, however a coin of that magnitude is almost certainly hurt by that slab. A cheap coin could be helped though. |
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Pillar of the Community
United States
3343 Posts |
That's a nice Eagle to own. It looks like VF25 or so, and uncleaned. I don't know that the INS holder has much value other than to holder enthusiasts. It doesn't have the rarity of the GSA Seated dollar baggie. Here's some more info on INS (you google it). https://forums.(150827) Not Allowed - Auto Removed/discussion/1008007/so-what-is-up-with-ins-coin-holders-i-e-international-numismatic-society My only early holder is an Accugrade and it contains my avatar. I paid no premium for the oddball holder from the first hard slab company, though there are claims that the early ones with photos can add $30 to a coin's price. If anything, that goofy holder served to drive the coin's price down to a bargain price. Offbeat holders earn about the same amount of respect as nono site coins. The holders that are most prized are early scarce ones from the major services, not from the offbeat ones. https://coinweek.com/education/coin...to-look-for/"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
02/19/2019 7:56 pm
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Bedrock of the Community
United States
20753 Posts |
I need a new car and that is about what I'd pay for one, not a coin.
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Bedrock of the Community
United States
17884 Posts |
INS was a legitimate company and they were in operation from 1972 to 1997. There is some debate as to which came first ANACS or INS both as authentication companies and then later as grading services. Both were in operation long before the other services. INS used 6 different holders during their lifetime. The first two were photocertificates and they are quite scarce to rare. The one shown here was the third holder and is probably the most common of the INS holders. It used slab shells obtained under license from Accugrade. (Accugrade began using these in 1984, INS in 1988 or 89.) The rarest of the INS slabs was the 6th one which was used in 1997 some five years after I thought the firm had folded. So far I have only seen a single example of this slab. I have photos of it but couldn't afford to buy it, it contains a proof 1849 Half Cent. I do know who owns it today. |
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Valued Member
United States
167 Posts |
Well I also live in Florida and all I can say is that this is about the best you can expect from coin dealers down here. One famous numismatist told me that he'd never travel to S. Fla for fear of the drug gangs. Now we do have the fun show twice a year. I went a couple times and I remember once I paid a very stiff price for a Chinese bronze token because there was literally nothing else that I could buy. Most of the dealers are looking for rich foreign nationals or people from South America wanting to sock away hard assets that true bargins are hard to find. Thus the $16,500. F-15 1872 Seated dollar is probably intended for one of those. I suggest waiting a year. If it doesn't sell, maybe you can haggle him down to $8,002.50? Edited by Gallienus
02/25/2019 01:25 am
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Posted 02/17/2019 8:41 pm
