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 Replies: 14 / Views: 1,652 |
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Valued Member
United States
450 Posts |
I have good friend who I am looking to trade with.
He has a 1909 S VDB in an ICG holder. It states XF with jewelry mount removed.
The coin has had a mount removed from the rim , that did not damage the obverse or reverse of the coin, but there is silver solder residue left on the rim.
I know we have a lot of knowledgeable folks here with opinions and just wanted to get feedback on what a fair value for this coin would be.
Greysheet bid on an XF is 1225.00
How much would you discount this problem coin ?
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Valued Member
United States
287 Posts |
It depends on how much it detracts. I would go as a max on F12 if it isn't that bad.
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Bedrock of the Community
United States
19931 Posts |
Can you post some pictures? With damaged coins a lot depends on the eye appeal and how bad the problem is. In general, you can take 90-50% off list prices for problem coins.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Valued Member
United States
172 Posts |
Ummm....I have heard of PCGS, ANACS and maybe another one...but not IGS...are they are well-established third party grading company? OK, they appear in Graysheet, so they must be good...right?
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Bedrock of the Community
United States
20753 Posts |
I too would like to see just how much of a Solder residue is left. Also, you mentioned a possible trade, not purchase? So are you planning on trading him for that coin or purchasing it for cash. Being one of the top Counterfeited coins at least in a Slab you can tell it's nor a fake. As to the Solder, that too may be a problem for you. By that I mean is it noticable enough that it would always bother you? Do you think if you looked around you could find a similar graded one for the same or similar price and no Solder? I know if very noticable it would bother me.
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Valued Member
 United States
450 Posts |
Sorry, Folks, as its not my coin, I dont have pictures.
Really the solder is only visible when you look at the rim, and as its in a slab, you cant really see it, as on ICG slabbed coins the rims are fairly hidden...
Thanks for all the input!
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Pillar of the Community
United States
759 Posts |
The mount removal is too much of a wildcard without pictures. If I had to guess, I'd say $300-$450, but it all depends on eye appeal. If it were me and one of my friends, I'd say the only fair way to go because of the damage is have him get at least 2 buy offers from shops and you can match that value, beat it by 10% or decline and everybody is still friends.
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Pillar of the Community
United States
597 Posts |
i like to be able to see the rim of any 09svdb I buy ngc is great with letting you see the side of the rim people have and do saw them in half and glue them together
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Bedrock of the Community
United States
14454 Posts |
ICG had some of the best counterfeit people known at one time so if its in an ICG slab you can be pretty confident its authentic so I don't think that would be a problem
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Moderator
 United States
187702 Posts |
Quote:
The mount removal is too much of a wildcard without pictures. I agree. If you have seen it and are comfortable with it, then offer what you feel it is worth. If you can find a better looking one at the price you are considering, then you are offering too much. I know that is vague, but ultimately you have to be happy with it. |
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Valued Member
United States
140 Posts |
I personally wouldn't pay a dollar over $850 for the coin. Think about when you turn the coin around. Any dealer or LCS is going to point that out and automatically knock a few hundred dollars off. Plus for a couple hundred more: http://www.ebay.com/itm/1909-S-VDB-...em27c39518df In a PCGS holder with no details. Just a suggestions, though. Either way, just make sure you walk away happy with the outcome! |
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Bedrock of the Community
United States
19931 Posts |
Quote:
Really the solder is only visible when you look at the rim, and as its in a slab, you cant really see it, as on ICG slabbed coins the rims are fairly hidden... If that's the case, I would expect the coin to fetch near full value when sold, perhaps 70-80% and with some wild bidders ( ebay) it might see full value. Being the major key date coin of the series, it will sell easily. |
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Bedrock of the Community
United States
19931 Posts |
Quote:
ICG had some of the best counterfeit people known at one time so if its in an ICG slab you can be pretty confident its authentic so I don't think that would be a problem
Indeed, ICG is 100% legit as a TPG. Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Moderator
United States
16677 Posts |
It WILL sell easily, no doubt about it. I would expect 75-80% of FMV.
swcoin.ecrater.com
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Pillar of the Community
United States
9792 Posts |
For a detail damaged coin the value from greysheet or current bid price would be 50% on the high end and as much as 90% off for one with more damage, especially if the damage interferes with the main design of the coin or the part people pay for the VDB or the date/mint mark.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Replies: 14 / Views: 1,652 |
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Posted 02/19/2012 5:41 pm
