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Replies: 21 / Views: 3,168 |
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Pillar of the Community
 United States
1348 Posts |
Agreed! my friend who pumped me up about it said it would grade XF so that is why my hopes were up. I didn't know much about grading at the time so I was disappointed. I know now it was/is a good grade for the coin. Thanks for weighing in. I also love this coin no matter what the grade. It was my first real purchase where I told myself I will never sell it.
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Pillar of the Community
 United States
1348 Posts |
What do you think its worth?
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Moderator
 United States
15559 Posts |
Great coin indeed! According to the PCGS database .... no value assigned with Population of 1 ... a good sign this is a worthy of many $$$ coin.  What did you pay for it? David Edited for spllenging
Edited by nickelsearcher 02/01/2011 8:03 pm
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Pillar of the Community
 United States
1348 Posts |
So your saying this is the only kind of 1799 that PCGS has ever graded? I bought it for $900 6 months ago in a large collection.
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Bedrock of the Community
United States
10982 Posts |
Quote: I bought it for $900 6 months ago in a large collection.
You got a steal. That coin's worth $2500 to $3000! VF30 is a very fair grade. Your friend mislead you saying the piece was EF because it's not close to a 40. 30 is as high as that coin should ever grade.
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Rest in Peace
United States
4849 Posts |
Very nice surfaces and I like it as a 30! You got a great deal on that one!
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Moderator
 United States
15559 Posts |
Quote: So your saying this is the only kind of 1799 that PCGS has ever graded That is not what I was saying ... and so in the spirit of helping I did some deep-dive research into the PGCS database for you .... Your 1799 'variety' Dollar #40062 has a total of four (4) coins ever graded by PCGS .... 1 at VF-20 .. 1 at VF-30 (your coin) ... one at VF-35 and one at AU-53. Sooo ... your VF-30 coin is indeed population of 1 with 2 finer (Pop 1/2). And ... there are no PCGS 'suggested' prices for this 1799 variety .... which leads me to believe that it could command a premium at auction with knowledgeable buyers. FWIW ... there are 22 total 1799 'normal' 15-star Irregular Date dollars in the PCGS database .... and the PCGS price guide for a 'normal' 1799 VF-30 is $3000.  I suspect your rarer variety could be worth a bit more than that! Great coin indeed. David
Edited by nickelsearcher 02/01/2011 8:56 pm
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Pillar of the Community
United States
2589 Posts |
looks like you tripled up, nothing to be disappointed in at all. An excellent coin bought at an even more excellent price! Nice buy! -XoG
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Pillar of the Community
 United States
1348 Posts |
Thanks for all the great info!
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Pillar of the Community
United States
4989 Posts |
$3000 sounds about right nice coin
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Pillar of the Community
United States
709 Posts |
It is a beautiful coin. Thanks for sharring.
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Moderator
 United States
23522 Posts |
It's like this.
Drive your high-horsepower, rear-wheel-drive car against a set of wheel chocks in the front. Back the adjusting screws of the rear brakes all the way off. Spray the rear wheels and surrounding area liberally with water.
Crack the coin.
Start the car, warm up the oil & water, hold the brakes while you rev it to 4000rpm's and drop the clutch. Progress the resulting burnout into third gear, and reach for the rev limiter. Get 'em truly smoking.
Then have a buddy toss that coin in front of the rear wheels. If you ever find it after it's been roosted downrange, wherever it lands, the resulting coin will still be worth well north of $1000.
That's my thoughts.
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Pillar of the Community
United States
2589 Posts |
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Pillar of the Community
United States
8904 Posts |
Quote: Edited for spllenging 
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Pillar of the Community
United States
1304 Posts |
Nice coin. I think anytime you have a coin that old in that condition congrats to you.
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Replies: 21 / Views: 3,168 |
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