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 Replies: 36 / Views: 4,044 |
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New Member
 United States
8 Posts |
Thanks BoomerSooner...you are totally correct
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Valued Member
United States
239 Posts |
Yeah, definitely get them graded before you sell. A lot of people would be weary of spending that much money on a potential fake, ya know? People take this hobby very seriously and any flaw or red flag will turn some people off immediately.
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Pillar of the Community
United States
548 Posts |
Am I the only one who's gonna take a stab at grading his coin?  |
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Rest in Peace
United States
9104 Posts |
Quote:
You got some really nice coins. If you are thinking of selling them, the 1895-S and especially the 1889-CC should be certified by one of the three companies that have been already been mentioned. The 1892-CC can be submitted but it may be more difficult to recoup the cost when you sell. Generally PCGS brings the most money followed by NGC and then ANACS. To submit to PCGS or NGC, you will need to purchase membership or submit through an authorized dealer. ANACS allows you to submit to them directly and there are no membership fees.  Step one is authentication. You'll get grading opinions all over the map in a forum, and aside from that, there were counterfoots back in 1982. |
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New Member
United States
1 Posts |
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
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Pillar of the Community
United States
2541 Posts |
Congrats on inheriting some great coins. I'd say the 1889 CC is XF 40 to XF 45.
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Moderator
 United States
23522 Posts |
Authentication is imperative for this coin. Since you're looking to liquidate, I strongly recommend that PCGS be your choice for this service. Their work is popularly perceived to be of superior value in the marketplace, and reflected in higher prices paid for PCGS slabs. I further recommend that these be offered through a high-end auction house such as Heritage Auctions, due to the quality of the buying audience. This is where the discerning buyers who know a coin's worth and aren't afraid to write the checks shop. Strictly by detail, it's an upper-end XF with a shot at AU50. I am worried about the patina; it looks to be recovering from an old cleaning, and may be identified as such by the TPG. Even with that mark on its' record, it is a very appealing coin. Absolutely worst-case, it will be considered "XF Details," and in a PCGS slab this means a resale value approaching $2000. In a righteous slab (not Net graded,), add $1000. Get it into an AU50 slab and you've got a $4000+ coin. Assuming the same grade/conditions for the other two mentioned: The 1895-S could value between $800-1500, and the 1892-CC roughly $500-800. |
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Pillar of the Community
United States
548 Posts |
Ah. Dave to the rescue.  |
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Valued Member
United States
421 Posts |
very nice looking original coins. I would get them certified/graded as well. I passed on an 89-cc agood 20 years back for $750.00 in this grade. DOH!
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Rest in Peace
United States
9104 Posts |
 , Twinturbo! |
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New Member
United States
8 Posts |
Thanks everyone for your feedback, there is some good stuff here.  A couple more questions; 1. I see that teletrade is offering to have coins graded for free if they sell for more than $250. Is this a good option or should I just do it independently? 2. I also have about 25 more morgans and 25 Peace dollars that don't appear to have the value to warrent getting graded, however if I go with an outfit like Heritage or Teletrade should I send them the whole batch and have them offer or would there be a better way to liquidate them? |
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Rest in Peace
United States
9104 Posts |
, NewMoney! I'll let others comment on Teletrade, but if you want to sell through them, it's a good deal. |
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Valued Member
United States
73 Posts |
My advice is to contact TeleTrade.com They will have them authenticated and graded by one of the 4 respected Coin Grading firms for you and then present them in one of their weekly auctions.
They will take their cut of course but I feel they are the best bet for a quick, fair and no-hassle disposal.
Look over their website first then call them. They commonly handle better coins like yours as well as less rare dates.
Teletrade.com
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Moderator
United States
23522 Posts |
Quote:A couple more questions; 1. I see that teletrade is offering to have coins graded for free if they sell for more than $250. Is this a good option or should I just do it independently? 2. I also have about 25 more morgans and 25 Peace dollars that don't appear to have the value to warrent getting graded, however if I go with an outfit like Heritage or Teletrade should I send them the whole batch and have them offer or would there be a better way to liquidate them? That's a nice offer on Teletrade's part. They're a reliable venue which gets a pretty good following; I think you'd realize acceptable prices from them. Please post images of the other two if possible, so we could estimate actual value and allow you to judge whether it's the right thing to do. The '89 is definitely a candidate for Teletrade's offer. As regards the rest of the group, I would lean away from auction houses; they are unkind to "raw" coins of relatively low value. Your best bet for them might be a consignment sale on ebay, assuming you're not an already-established ebay seller. That being the case, allow me to recommend Bobby and Susan, the founders of Coin Community, who are longstanding consignment sellers on ebay with a large following. Their terms are consistent with the average for consignment sales, and their sales get as good an audience as any on ebay. Another consideration for these coins is the potential for added-value varieties. Both Morgans and Peace dollars have a thriving variety-oriented audience, and it's possible that you might have a variety or two among your holdings which would add value even if the coin is circulated. If you would, post a list of them with date and mint mark, and we'll be happy to pick through those and give you an idea of any which warrant further study. |
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Rest in Peace
United States
9104 Posts |
Dave-
Pix posted on first page of thread.
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Replies: 36 / Views: 4,044 |
First Page
Posted 12/29/2011 7:45 pm
