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 Replies: 13 / Views: 1,545 |
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New Member
United States
5 Posts |
Hey gang. Requesting your thoughts on the value of a 1852 D $2.50 NGC "AU Improperly Cleaned." The coin was passed down through my family and I wasn't sure how to apply "pricing guide" values with it being improperly cleaned... I'd appreciate your advice. Thanks again!  |
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Pillar of the Community
United States
6381 Posts |
Cleaning is a variable term, including everything from a light wipe to vigorous scrubbing. I can't venture a guess about the severity of the cleaning based on your photo but the effect on value will depend to some extent on how badly cleaned it is.
As a very rough guide, a light cleaning on a rare coin like this might knock off 10-20% compared to an original coin with the same detail level. If the cleaning is more severe take off another 10-30%. Ultimately the value is whatever a collector will pay.
I'm on the lookout for a Dahlonega quarter eagle for my collection. I personally would prefer not to buy a "problem" coin since that would hurt the appreciation potential (plus, it would bother me!). However, plenty of buyers would be interested in your coin if it's discounted appropriately.
The most recent Heritage auction sales for this date in AU-55 were for $5200-5500. "Problem" coins with AU details but scratched or ex-jewelry went for less than half those values. A cleaned piece should be worth a bit more than scratched or jewelry pieces.
Wish my family had passed one of these down to me!
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New Member
 United States
5 Posts |
Thank you for your insight - I really appreciate your time. That is very helpful information. We have a child on the way, maybe I'll shoot for $3,025 and see if any of my local coin buyers are interested. Thanks again!
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Pillar of the Community
United States
2596 Posts |
email heritage auctions and see if you can consign it that would be one way to go. it might take some time but at least you will get a fair amount of money for it. You need to have at least a $5000 value to consign and I think this might just make it or be close.
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Valued Member
United States
60 Posts |
There is an 1852-D, AU-55 listed on ebay right now for $9000, and it looks about the same as yours. Could you post a pic of the reverse of your coin? |
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New Member
United States
5 Posts |
Here is a pic of the back of the coin for reference. Thanks!  |
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New Member
United States
24 Posts |
In my opinion, it would be worth the effort to put it on Heritage to auction it off. You'll get a much wider pool of bidders rather than just your local coin shops.
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Pillar of the Community
United States
3184 Posts |
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Rest in Peace
United States
5375 Posts |
Jaobler has it right and lately NGC has been grading very harshly and arbitrarily, leading to some nice deals on 'problem' coins that would otherwise being put in normal slabs (this includes some light problem coins that were previously overlooked)
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New Member
United States
5 Posts |
Thank you guys for all of the advice - I definitely learned a few things. I looked into Heritage Auctions, but felt uneasy about loosing sight of the coin. I'm going to let it take a ride on ebay to see what happens. This is a great forum, thank you again for all of your time and advice. |
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Pillar of the Community
United States
968 Posts |
Heritage is the auction house that deals with the rarest and most valuable coins. Last year they auctioned off a 1913 Liberty nickel worth several million dollars. So they are pretty trustworthy in terms of dealing with your coin. In fact I'd be more concerned about ebay since it is easier for scammers to work the system, although I'm not paranoid about it. That being said, ebay is certainly a good place to start since the fees are lower than at Heritage. If you can't get the price that you want there then think about heritage again. If you do ebay make sure you send it registered mail insured. Edited by Saruma
11/01/2011 11:59 am
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Valued Member
United States
438 Posts |
Some Greysheet info that may help out:
AU bid is $5800.
EF bid is $$2450.
The EF bid area is probably a general idea of what to expect, given that it will probably be thought of as AU details net EF.
Still quite an attractive piece!
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Bedrock of the Community
United States
10982 Posts |
I saw your auction on ebay and believe your coin is worth $2,450. I would consider adding some close up images of both surfaces to the auction to increase the potential hammer price. I see you added "zoom" images, but your photos do not provide enough surface detail for a good assessment of the piece's value. I use a jeweler's loupe and my camera's macro setting to get detail. Capture an image through the loupe. It's far from a professional set-up but is cheap and gets the job done. Good luck with your auction! |
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New Member
United States
5 Posts |
Thank you for the advice, I withdrew the auction until I can provide better "zoom" images. I want to allow the buyer to make an informed decision. I'll give the jeweler's loupe a shot.
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Replies: 13 / Views: 1,545 |
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Posted 10/19/2011 6:19 pm
