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 Replies: 32 / Views: 3,663 |
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Pillar of the Community
 United States
580 Posts |
You know, the majority seems to think it will do better on ebay. It doesn't hurt to try that route first. It's just with all of the dealers that I spoke to, no one is interested in it because it is damaged. |
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Pillar of the Community
United States
5833 Posts |
Dealers are there to make the best out of it goes without saying.
My other thought would be if I have the coin, I would consider trading some fractional gold for it, bullion or older quarter and half eagle.
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Rest in Peace
United States
5375 Posts |
Quote:^ not a rip off just a wholesale offer. I like the ebay idea. $200 or even 350 isn't even close to wholesale on this. $600 maybe. |
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Pillar of the Community
United States
4897 Posts |
I disagree. It is a problem coin dealer to dealer value is about $500
Let me clarify. Adealer would only pay based on what they know they could turn it for very quickly. They would have to find another dealer of customer to sell it to. Dealers tend to not want to sit on a coin for alng period of time. That being said it does not make sense to pay $600 for a coin that could take six months to sell for$750. Gotta think of it as a commodity not something you have to have....just sayin'
Edited by amida17
12/04/2011 10:47 pm
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Rest in Peace
United States
5375 Posts |
When its a 1916-D dime, usually turn around is very fast. This coin is in a VF-30 slab, it still should be worth way over $500 dealer to dealer.
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Pillar of the Community
United States
4897 Posts |
sorry, damage that severe drops it to AG pricing....IMHO
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Bedrock of the Community
United States
10982 Posts |
I wonder what NCS could do about getting that solder residue off the reverse? It might leave a nasty looking surface, but if it's not welded into the base metal, it would look a heck of a lot better.
No way you should take under $500 for it. I could see it bringing $1,000 with the right buyer.
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Pillar of the Community
United States
745 Posts |
No way I would pay $1,000 for a major problem coin with solder on it...
I rather pay $500 for AG3 with no problems & just wear on coin.
NGC & PCGS would never slab this coin as a VF-30...just details
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Pillar of the Community
United States
5833 Posts |
Dealers probably even wants to go below $500 if one get their way, a VF-20 in NumisMedia price tag at $3,900. And the one in question of price is a VF-30 heavy damage/solder detail coin. I think a fair price is more in between G-6 or G-8. I wouldn't be surprised if this sell for $1,000 on ebay, that's why I said start sell at $750 and with a buy it now at $900. |
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Pillar of the Community
United States
4989 Posts |
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Pillar of the Community
United States
666 Posts |
I think some of us are missing the point. No way in heck would I spend $500 on this coin. NO WAY... That said the beauty of ebay is that it's a haven for idiots. There are always morons bidding on ebay. Several of them. A dealer wouldn't want to spend much on this because they would have to find one idiot to sell this to. But an idividual seller knows they can find several people to bid against each other on a damaged key date on ebay. The fact that it's in a slab from one of the top three with some letters on it that say VF-30... I wouldn't be suprised to see this go for 1200 to 1500. People are that dumb. |
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Pillar of the Community
United States
1704 Posts |
If you're interested I know a guy who might be able to remove the solder and you would never know it was ever there. He had plugged a pencil sized hole in a 1799 bust dollar that was ugly and you could not tell where the hole was with a ten power loupe without the "before" photos of both sides of the coin. He did a fantasctic job on it. He's a very trustworthy long time coin dealer and the President of the coin club I am a member of. Ed ANA LM-3175 |
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Rest in Peace
United States
4849 Posts |
I'm with shadow on this one. I think the dealers were lowballing you. It is badly damaged which greatly affects the value, but there are a few things to remember. 1) Damage doesn't impact the value of key dates as much as it would common dates percentage wise. 2) Most 1916-ds are AG-G and they are actually quite common in that grade. VG and above starts to get exponentially more scarce. It is tough to find a 16-d with this much remaining detail, period. I'd let it ride on ebay, you may be pleasantly surprised. Here is my latest find, your coin's big brother. :-)  |
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Pillar of the Community
United States
580 Posts |
All good suggestions and opinions. Here's my thought process, it may be dumb but here it is.
If I can only get $500 for it, I would rather go for the trade. I can get more out of the trade than I would the $500.
If I can get over $1,000 I would rather hold onto it in case I ever need $1,000 on a rainy day. Does that make sense to anyone?
PS: Love the 1916 SLQ!
=D
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Bedrock of the Community
United States
10982 Posts |
Quote:
If I can only get $500 for it, I would rather go for the trade. I can get more out of the trade than I would the $500.
If I can get over $1,000 I would rather hold onto it in case I ever need $1,000 on a rainy day. Does that make sense to anyone?
Makes sense to me. I'd put the market value in between $500 and $1000. Netting over $1,000 out of it (after auction fees) is not likely but possible. If it were my coin, I'd consider NCS or at least a phone call to NCS for their opinion. Successful removal of the solder could result in a $2K coin. |
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Replies: 32 / Views: 3,663 |
First Page
Posted 12/04/2011 9:37 pm
