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About Good Condition Value Chart Or Rule Of Thumb?

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 Posted 05/24/2020  11:22 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list
A reasonable question for a semi-key date coin. It probably varies depending on the scarcity of the date and the eye appeal of the AG coin. Best approach might be to look at similar condition coins of that date on ebay sold coins.
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 Posted 05/24/2020  11:29 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list
More on this conversation. Just looked at a few price guides. 1867 G4 good condition listed at $53. G8 very good condition listed at $75. The difference between G8 $75 and G4 $53 is $22. So question is what would the value of a G2 about good condition coin be? If I subtract the $22 from the G4 Good condition price ($53 minus $22) I come up with $31. Would $31 be a reasonable price to assume for a G2 about good condition 1867 coin. As a book price, not a sell price?
Edited by Larry Gosnell
05/24/2020 11:32 am
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 Posted 05/24/2020  11:30 am  Show Profile   Bookmark this reply Add DBM to your friends list
Good means exactly that, good, anything less is no good, not collectable,just because a coin is identifiable doesn't make it desirable.
The coin in the pics is Fair not About Good.
Parts of the legend are not just extremely weak, they're gone.
IMO value of such a coin is about 25% of Good or less, a temporary hole filler only.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
05/24/2020 11:35 am
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 Posted 05/24/2020  11:35 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list
Most price guides are higher than actual prices. I got a g6 1877 for $270, it's price guide is over $500. I got the 1916 D Mercury dime for $390 in G4, it's usually $600. See price guides aren't exactly accurate.
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 Posted 05/24/2020  11:36 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list
25% of G4 $53 is $13.25. I paid $13 + 0.50 shipping. $13.50
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 Posted 05/24/2020  11:39 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list
I just looked at ebay sold. Your coin sold at $16, and similar condition coins sold between $10 and $20, so that seems to be the right ballpark.
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 Posted 05/24/2020  11:41 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list
For $13.50, I would still pass. In the end this is just a hobby, if your happy, then that's what matters. I buy all my stuff for me not for anyone else.
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 Posted 05/24/2020  11:53 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list
Listed at $16.99. I paid $13.00 + 0.50 sh. So not even about good G2 condition which I thought it was. I guess a fair condition coin is G1? and therefore about 25% of the G4 good value price. The worst condition possible or just above junk. Oh well it still has a good clear date and a semi key date and some value to me. Thanks for the input and education.
Edited by Larry Gosnell
05/24/2020 11:54 am
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 Posted 05/24/2020  12:27 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list
For people who collect TPG lowballs, low grades command a premium. But it has to be really low.
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 Posted 05/24/2020  2:12 pm  Show Profile   Bookmark this reply Add just carl to your friends list
As to why below G is not usually listed is simply most collectors are not interested in coins of that grade.
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 Posted 05/24/2020  2:49 pm  Show Profile   Bookmark this reply Add Gincoin43 to your friends list
You should also keep in mind those price guides are usually for graded coins. Any coin that has not been graded is going to go for significantly less.
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 Posted 05/24/2020  11:01 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
The bottom end is P (poor) 01, FA (Fair) 2 and AG 3. To answer the question, it really is entirely on you. Depending on the series, price guides may or may not have AG listed. If you figure half the value of a G4 then consider the coin and how it looks to you, then you decide. I have seen some absolutely lovely AG coins. Hell, my 1877 is an AG3 and I feel it is extremely nice for the grade. I paid almost what a G-4 is valued at. To me, it was absolutely worth what I paid.

It depends on you and the coin.
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 Posted 06/01/2020  12:45 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
About half of good is a decent estimate. I was once presented with a raw Wreath cent in P-01, if that, really basal state at $375. Now a Wreath cent is $2,400 in Good and does have a bid of $1,300 in AG-03, so I figured About Fa-02 is $650 and P-01 would be about $325, so I passed, but a well known dealer bought it for $375 and is asking $450 for it. So, its a rule of thumb, but the ease of getting the coin in a higher grade and the popularity of the series also weighs of the multiplier. If I had used the AG/G ratio as the multiplier (0.54) instead of 0.50, I would have gotten $380 and probably would have bought it.
Edited by Andrew99
06/01/2020 12:49 pm
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 Posted 06/01/2020  2:58 pm  Show Profile   Bookmark this reply Add Misterpostman to your friends list
I also think half of the G4 price for AG3 is a good rule of thumb. But only for coins with decent eye appeal.
Not quite a full rim is ok , missing some details is ok, but I want a full date, no major corrosion or scratches, or more wear than an AG3 should have
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 Posted 06/01/2020  4:09 pm  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list
Since there is a G1 Poor, G2 Fair, G3 AG and a G4 Good, I would just divide the G4 value by 4 and then know about what each grade would be valued at.
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