| Author |
 Replies: 6 / Views: 1,428 |
|
|
New Member
United States
8 Posts |
Well, I took the coins to a couple of dealers in town today. 1. Alabama Coin and Silver - http://www.alabamacoin.com/The man at the counter (I believe his name was Jason?) told me that in this condition, the coins would sell to a collector for around $1400 for the 1893 and $900 for the 1894. He then proceeded to offer me $1750 cash for them both. 2. Alexander's Jewelry and Coin - http://www.alexandersjewelry.com/These guys have been around in Huntsville for a while. The man at the counter told me that it was IMPERATIVE that I have the coins graded before I try to sell them to anyone. He told me that he would pay collector's price for them, $1800 for the 1893 and somewhere around $500 for the 1894. Both men informed me that the coins had obviously been cleaned at one point in time, as have many on the forum. I am not a collector, nor am I on this forum to sell the coins. I am curious as to the opinions of real collectors who know more about these than I do. Thank you all very much for the information on my last post. Here are the coins again:     |
|
|
|
Pillar of the Community
United States
817 Posts |
Both coins are in the Good range.
Both coins are cleaned.
Both coins may have been polished.
The offers seem reasonable fore the condition.
You may not get a better offer.
Check the price guides and photograde available, for free, on the web.
Check prices realized from the auctions also, for free, on the web.
Do your research and and make sure that you make the final decision after all input.
Hope this helps.
|
|
Bedrock of the Community
United States
14454 Posts |
if you want to send them in for authentication I suggest ANACS as we all know these are not problem free and at least with ANACS you will get a grade assigned to the coins along with authentication (which is really what matters with key dates like this) and with ANACS you can submit them yourself and not have to go through a dealer or join any club to gain submission rights. I definitely think these are worth and really need to be authenticated/graded to get the price for the coins when you do sell them because the risk factor of them being counterfeit will keep the price lower if this is not done
|
|
Pillar of the Community
United States
4415 Posts |
At this grade level, being G+ and maybe Fine, and considering what appear to be polished surfaces, grading isn't as much an issue as is authentication, methinks.
To my eye, they're genuine, and a sharp dealer wouldn't need the slab assurance.
The rims are full, and many collectors would settle for these cleaned ones, rather than paying the freight on higher grades.
These dates are relatively easy to sell. I'd take these coins to a few shows and shop them around. My asking price would be $2,100 for the pair. I'd guess that a dealer could make at least 10% on a quick sale. Good luck!
|
|
Bedrock of the Community
United States
14454 Posts |
I agree the grade doesn't really matter on these coins, authentication does. But ANACS is respected in the industry just as PCGS and NGC are as far as authentication goes so in my opinion I would rather send a coin like this to ANACS to also get the free grade opinion to go along with the authentication process instead of it being in a "Genuine" PCGS slab. And ANACS will be cheaper as well
|
|
Rest in Peace
United States
4849 Posts |
I would have sold them both to Dealer #2 for the $2300. Very fair price imho.
|
|
Moderator
 United States
16677 Posts |
 I was pretty confident they were genuine all along. If you have these holdered by PCGS or NGC, no doubt they will come back "genuine" or "details". A dealer may be reluctant to offer you a higher price just based on that alone. I have experienced it first hand. Believe it or not, some dealers are confused by this, like deers in a head light. I would take the $2300 and be done with it. swcoin.ecrater.com
|
| |
Replies: 6 / Views: 1,428 |
|
Posted 02/06/2012 8:07 pm
