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Finally Got A Goodacre

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Dorion's Avatar
United States
63 Posts
 Posted 02/27/2008  2:16 pm Show Profile   Bookmark this topic Add Dorion to your friends list Get a Link to this Message Number of Subscribers
After searching since last summer, I finally procured a Goodacre Sacagawea dollar. I'm not sure if I overpaid a little, but they were becoming so difficult for me to find. It was graded MS67 by PCGS and I paid $650.00 USD. Regular Goodacre's certified by ICG only to the fact that they were Goodacre Presentation and not condition were going for between 500-600, although, I saw one go for $678.00 the other day on ebay. So I thought for the PCGS MS67, the price I paid was fair. Any thoughts if I overpaid?

Thanks

Dorion

Edited by Dorion
02/27/2008 2:17 pm
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 02/27/2008  2:42 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I was about to say "Huh? I thought there was only one kind of Goodacre dollar?!?" and then I looked before I opened my big mouth Here is a link to the original ICG info http://www.smalldollars.com/dollar/page24.html
The key difference is that the "Type 1" Goodacre was burnished before striking and the "Type 2" was burnished before and after striking. The special treatment that these coins received by the Mint is quite fascinating.
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kceb10's Avatar
United States
392 Posts
 Posted 02/27/2008  3:44 pm  Show Profile   Bookmark this reply Add kceb10 to your friends list Get a Link to this Reply
If your happy with the purchase and the price then you didnt over pay, atleast that's the way I like to look at things
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GFR3's Avatar
United States
473 Posts
 Posted 02/27/2008  8:56 pm  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
I'd say that's a pretty fair price. You can be sure that the Goodacre Dollar will be worth a bundle in the coming decades. It's a must have for any modern dollar collector. Congrats!

--Gary
Bedrock of the Community
United States
20753 Posts
 Posted 02/28/2008  09:41 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

If your happy with the purchase and the price then you didnt over pay, atleast that's the way I like to look at things


Exactly what I always say. I'm not a big fan of any of the baby dollars but if your a baby dollar person and you like that coin, regardless of what you paid, it is worth it.
Valued Member
Dorion's Avatar
United States
63 Posts
 Posted 02/28/2008  09:54 am  Show Profile   Bookmark this reply Add Dorion to your friends list Get a Link to this Reply
Yes. I agree with you guys. I'm happy with the coin and I don't do this for an investment, I do it becuase I enjoy the collecting. I would like to leave my boys with something of consequence when I'm gone. My only hope is that if they don't enjoy collecting, they will save the collection for one of their children instead of liquidating it. Thanks for the wisdom.

Gary, I feel the way you do. I think its really going to appreciate in the decades to come. I've often looked at some older coins and wished I was alive when they were issued so I could have gotten my hands on one. So I feel that if I chase down some rare examples of modern coins now, I will be pleased in the decades to come. Generally, I don't go for errors that were struck during the minting process, like cracks or something like that, but I try to go for varieties (which is what I consider the Goodacre). Another modern variety I'm trying to track down is the Wisconsin extra leaf.
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j_h_s's Avatar
United States
1934 Posts
 Posted 03/03/2008  04:15 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
What makes the Goodacre different than other Sacs?
Valued Member
GFR3's Avatar
United States
473 Posts
 Posted 03/03/2008  09:48 am  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
5000 Sacs were giving to Glenna Goodacre as payment for designing the Obverse of the coin. She had half (i believe) certified and numbered and in turn sold them as a collectables, and made a killing off of them. They are truely First Strikes. I'm not sure exactly, but they were specially polished and struck in a Proof-Like manner. I think there were actually 2 different methods used, creating a variety out of the variety. Maybe someone else can tell us about the methods used to produce this coins....

--Gary
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Dorion's Avatar
United States
63 Posts
 Posted 03/03/2008  09:58 am  Show Profile   Bookmark this reply Add Dorion to your friends list Get a Link to this Reply
j_h_s

Here is a helpful link that explains about the goodacre.

http://www.smalldollars.com/dollar/page24.html

GFR3, I think I read somewhere that she actually had all 5,000 certified by ICG, and then released half to the public as collectibles vs having only half certified. I could be wrong though, it wouldn't be the first time.
Valued Member
GFR3's Avatar
United States
473 Posts
 Posted 03/03/2008  10:03 am  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
Dorion,

Yeah thats sounds like I've read that before too lol Was it that she sold halve and kept halve, all certified?

--Gary
Valued Member
Dorion's Avatar
United States
63 Posts
 Posted 03/03/2008  10:21 am  Show Profile   Bookmark this reply Add Dorion to your friends list Get a Link to this Reply
Yes. I believe thats what she did. I think she had them all certified and then sold half. So Gary, all we have to do now is invent a new reverse, convince the mint to use it, get paid with the coin we designed, have them certified and release them to the public, and we'll be on easy street for the rest of our lives.
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GFR3's Avatar
United States
473 Posts
 Posted 03/03/2008  1:04 pm  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
heheeh we can even even sign the slabs for an extra few bucks ;)
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 03/03/2008  6:19 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I would love to own one.

I met the lady who posed for the obverse, and our youngest son and I had our picture taken with her.

I can just picture that photo along with the coin, in a frame on my office wall.

Not going to happen however. Too expensive.
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