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Moderator
 United States
16679 Posts |
Oh, I know. I do see many out there. I am doing a VF-XF set so....it will probably be a nice mid VF, maybe an XF ;-)
swcoin.ecrater.com
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Pillar of the Community
United States
8904 Posts |
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Pillar of the Community
United States
3345 Posts |
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Pillar of the Community
United States
870 Posts |
Actually Moe, the 1856 has a true mintage of 600! In subsequent years, they were "restruck" for collectors on the order of about 1600. Thus the wish for an MS rather than a PR, generally speaking the PR's are considered to be the restrikes.
And now Johnny has a great piece to barter when he meets a dealer with a nice MS piece!
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Rest in Peace
 United States
4849 Posts |
Quote:
Actually Moe, the 1856 has a true mintage of 600! In subsequent years, they were "restruck" for collectors on the order of about 1600. Thus the wish for an MS rather than a PR, generally speaking the PR's are considered to be the restrikes.
And now Johnny has a great piece to barter when he meets a dealer with a nice MS piece! True. In general as a collectable, either the original pattern or later "restrike" is considered in the overall 1856 mintage and are priced more or less the same in a general sense....so together they make up the 2-3K mintage combined. I definitely would prefer the VF20 S-3(discussed previously in this thread) to my PR30. However, I would have had to pay a hefty premium. This PR30 coin I think I am getting a better deal on, and could realize a stronger profit if I resold it. |
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Moderator
United States
16679 Posts |
I agree John,
You did quite well on that coin. You paid at least $800 less then it's FMV IMO.
Proofs have always been struck with the collector in mind, thus making the MS issues more desirable.
Extremely rare any way you slice it!
swcoin.ecrater.com
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Rest in Peace
United States
4849 Posts |
Thanks Dave! I got $100 back in ebay bucks too for that purchase! Too bad tomcollectables sold that VF-20. I would go back to his shop and see if he would trade me straight up for the PR30, since he's mentioned to me he doesn't care about the variety.  |
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Moderator
United States
16679 Posts |
Yeah, I know. After examination, it was definitely an S-3.
Hey, that PR30 is one heck of an incredible coin!
I think eventually, you will bump into a dealer that has a VF S-3 that might be apt to trade as delaner said ;)
I will keep an eye out for ya.
swcoin.ecrater.com
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Rest in Peace
United States
4849 Posts |
The reality of this purchase hasn't really hit me yet. I don't think it will sink in until I actually have the coin in my shaky quivering hands...lol. This one will go straight to an SDB!
BTW Dave, I will keep my eyes peeled for a 09-s. There are some decent deals to be had on the bay.
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Moderator
United States
16679 Posts |
Awesome, thanks! We are partners...lol!
I know the feeling, when I bought my Moffat & Co.$5, I had to pinch myself.
swcoin.ecrater.com
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Valued Member
United States
450 Posts |
Hey everyone thanks for sharing your knowledge on the 1856 ,
I learned quite a bit here !
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Rest in Peace
United States
4849 Posts |
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I know the feeling, when I bought my Moffat & Co.$5, I had to pinch myself. You'll get another one someday Dave! We also need to find you a Chain Cent!  |
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Moderator
United States
16679 Posts |
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Pillar of the Community
United States
870 Posts |
A beat up S-5 (not a chain, but a wreath) sold on ebay today for under $400. I thought about putting in a bid, but decided not to. It was about the worst I've ever seen, G5 detail over AG3, but it looked like it had a bullet go into it's edge. A really NICE S-3 sold on Sunday for $7k - sounds like a lot, but imo it was a 9 - $12k coin at least. Must buy more lottery tickets. |
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Moderator
United States
16679 Posts |
I would have paid $600 all day long minus the edge hit!
Wow.
Yeah, I've looked at some Wreath's but would rather get the moolah together for a Chain.
I have seen a few PCGS FR02's lately...even these are selling for serious money. Not entirely out of my budget ;-)
I would like SOME detail.
swcoin.ecrater.com
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Replies: 117 / Views: 6,436 |
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Posted 09/16/2011 9:11 pm
