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I Have Bid On This 1875 CC Trade Dollar... How High Should I Go?

 
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 Posted 11/20/2019  11:48 am Show Profile   Bookmark this topic Add mrulon to your friends list Get a Link to this Message
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 Posted 11/20/2019  11:55 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Opinion Warning:

I find chopmarked trades as ugly as can be, therefore I have never even considered buying one to know fair pricing. IMO I'd personally rather have a chop mark free example as they tend to hold value over time better.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
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 Posted 11/20/2019  12:13 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply

Quote:
I find chopmarked trades as ugly as can be, therefore I have never even considered buying one


We share the same opinion. The $500+ bid is already higher than I would consider paying for this. Heck, I'm not even sure how one would set a fair value for something like this...
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 Posted 11/20/2019  12:19 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Coin looks cleaned to me. I like chopped Trade dollars but this one is excessively chopped, obscuring the obverse design. I would stop bidding and look for a better looking example.
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 Posted 11/20/2019  12:20 pm  Show Profile   Bookmark this reply Add mrulon to your friends list Get a Link to this Reply
I looked at previous sold... they go higher than that.... I like chop marks... shows to me it was part of the history... but to each his own. At this price you are looking at either chop mark or cleaned. or both
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 Posted 11/20/2019  12:27 pm  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
I don't mind chop marked Trade dollars. My example in my 7070 has a single well placed one that doesn't take away from the coin (imo). But the example up for auction seems to have so many that it feels cluttered. I'd hang on to my cash and find a better example. (again imo)
Check out my counterstamped Lincoln Cent collection:
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 Posted 11/20/2019  12:35 pm  Show Profile   Bookmark this reply Add mrulon to your friends list Get a Link to this Reply
here is one slight higher grade no chop marks .but $200 more still early in bidding
https://coins.ha.com/itm/trade-doll...ction-120115
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 Posted 11/20/2019  12:36 pm  Show Profile   Bookmark this reply Add mrulon to your friends list Get a Link to this Reply
and another on 76 instead of 75 lower grade chop marked....

https://coins.ha.com/itm/trade-doll...ction-120115
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 Posted 11/20/2019  1:22 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
at full retail for an AU53 you are looking at close to $1000. I don't collect what I consider damaged coins so I don't know how much that would affect the value. I'm sure there are collectors out for this type of thing but I cant see it trading at anywhere near that valuation
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 Posted 11/20/2019  1:59 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
One chop mark is too many for me. This, well, there could well be a market for it, but resale would be something I would definitely consider at this price point. Depends on how much you like it and how much you (or your heirs) might be willing to lose.
Working on: Indian quarter eagles, Chinese pandas, and San Francisco tokens; upgrading my Peace dollar and US Type sets

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 Posted 11/20/2019  2:04 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I would put the price range from $500 to $600. There are chop mark collectors of Trade dollar. If the coin in question has a chop mark that two collectors want, it could drive up the price. Collect what you want and enjoy your chop marks.
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 Posted 11/20/2019  2:18 pm  Show Profile   Bookmark this reply Add mrulon to your friends list Get a Link to this Reply
thank you all so far, I am interesting in hearing more points of view, At $500-$600 and willing to hold a few years I would be overly surprised that I would loss money. Coins that look very much like this sell for $750 or more. I don't want to push the high end, but I know there are people like me who like the look of a "used" coin.
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 Posted 11/20/2019  2:32 pm  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Talk about a lot of chopmarks. Found this on eBay:

2F392416011642

This seller is putting a premium on the fact that it has so many.
The obverse is totally obliterated from all the stamping done on the reverse.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
Edited by chafemasterj
11/20/2019 2:36 pm
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 Posted 11/20/2019  3:23 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Its ugly in my opinion, I would skip.
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 Posted 11/20/2019  3:38 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I fail to see the appeal of these either, but it's a big world out there.
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 Posted 11/20/2019  4:02 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply

Quote:
I looked at previous sold... they go higher than that.... I like chop marks... shows to me it was part of the history... but to each his own. At this price you are looking at either chop mark or cleaned. or both


Sounds like you have answered your own question. If you intend to keep it and not expect appreciation in value for a future flip, then by all means get what you like and what you can afford.
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