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 Replies: 10 / Views: 1,814 |
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Pillar of the Community
Canada
834 Posts |
I have the chance to grab one of these beautiful coins
The seller has 3, EF,VF ungraded and MS60 ICCS graded
The MS will run me just under 1900$ while the other two I can pick up for under 1500$
Question is what would you do
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Pillar of the Community
Canada
1442 Posts |
I would never buy a 1948 uncertified...too many fakes...
Even the MS60 I'd send to PCGS and have them verify it, since 1948 fakes in ICCS flips are known...
Edited by canadian-varieties
11/25/2011 2:53 pm
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Pillar of the Community
Canada
902 Posts |
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Moderator
 Canada
10463 Posts |
Are you able to take pictures of them first? If you want a second opinion, we need to see the coin(s)...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1472 Posts |
That would be the final silver dollar I would buy to finish my collection. They are easy to find,so unless the coin is exceptionally, wait for the right time. My opinion.
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CCF Master Historian of USA Commemoratives
United States
12302 Posts |
Are you a collector of the silver dollar series? Or is this a "one off" purchase that you are acquiring only to resell?
If you are working on a set, I would consider which of the coins available to you best matches the grade/condition of the rest of your collection and pursue that one. I believe that a carefully matched set of coins -- regardless of series -- is aesthetically more pleasing to look at than a set assembled via the "mix & match" approach with worn VFs alongside sparkling UNCs.
If near-term resale is the goal, I would tend toward the highest graded piece. When coin prices are on the rise, the biggest gains are seen in the higher grade pieces. I've seen situations in which low grade circulated pieces appreciate 5% to 10% (or less) in good markets while nice uncirculated pieces see jumps of 20% or much more! Nice pieces are always in demand!
I agree with others that you should ensure whichever piece you purchase is genuine -- work out a potential return of the coin with the seller for a refund if the coin turns out to be a counterfeit and make sure you have such an agreement in place before you make the purchase. Send the coin you purchase off to PCGS for authentication and certification -- you can join their club for no charge and submit the coin on your own.
Hope that helps!
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Valued Member
Canada
475 Posts |
Wait and Buy a nice higher end Mint State coin, ICCS/PCGS/NGC MS62 PQ or a nice MS63. Should be able to bet a very attractive one for 2k- 2400. The 1948 dollar is in my very humble opinion a rather easy to acquire coin in circ grade. I also concur that you should NEVER buy this dollar or a 1945 unless they are CERTIFIED by a TPG that is recognized. Many years ago there were some very dangerous middle eastern (Lebanon) counterfeits sent into the NA market. |
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Pillar of the Community
Canada
1984 Posts |
$1900 for an MS60 seems a little bit high to me... I would have thought $1700. But if you are talking an all-in price with taxes, about right I would think. $1500 for the other two together sounds like a decent price if they are real. I assume you would resell the VF? Not sure what it would fetch....$600?......it might be a candidate for a silver dollar lowball set!
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Pillar of the Community
Canada
902 Posts |
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Pillar of the Community
 Canada
9866 Posts |
That one's not too shabby for an ungradeable.
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Valued Member
Canada
307 Posts |
$1500.00 I thought that was the trends for an AU-50
seems high for a VF
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Replies: 10 / Views: 1,814 |
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Posted 11/25/2011 3:58 pm
