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What Should I Pay For This 1881 CC?

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throwbackid's Avatar
1283 Posts
 Posted 09/22/2012  8:24 pm Show Profile   Bookmark this topic Add throwbackid to your friends list Get a Link to this Message Number of Subscribers
A friend bought this with the express consent of trading it to me for bulk bullion. I have an affinity for Carson City Silver dollars and is one of the last ones need for my set. He believes he should get a value of $800 out of the CC. So far he has offered me the coin for 22 mint fresh ASE's. WWUD? I want the coin but prefer PCGS to NGC though I may resubmit it to them in hopes of a 66 or better. Anyway just let me know what you think of the coin and what a fair offer would be.

What-Should-I-Pay-For-This-1881-CC?


What-Should-I-Pay-For-This-1881-CC?
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 09/22/2012  8:31 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
$800 is top auction that I can find as of ;late so its in that range...but if you have the capital to buy one, sell the ASEs and sit on the cash and keep auction bhunting until you find what you want if its the PCGS you prefer
what if PCGS, on resubmit, gives you a 63? you know, you have to pay for that to send it to and from with them so its more investment than what you can get for just buying at an auction right now in what you want
IMO
nice coin he has though
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 09/22/2012  9:03 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
In my opinion the price is a little high. The coin looks like a solid 65, so I don't think it will get an upgrade (or downgrade).

Personally, I would pass on the coin for now and keep the ASE's. With silver prices the way they are right now, I think we will be seeing $40/oz by the end of the year.
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throwbackid's Avatar
1283 Posts
 Posted 09/22/2012  9:42 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
$800 is high but I think he gave $760 for it so he is trying to profit a bit. The only reason I would consider it is because I only have like $30 a piece in my eagles. I'm gonna try to get him down to a roll for it or better yet some junk coin. I was buying quite a bit I didn't want at the time because it was cheap at 16-18x face now I would like to trade it first.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 09/22/2012  9:47 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Yeah, trying to get rid of the Junk silver would be a better decision imo. Or, maybe half junk, half ASE.
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United States
3184 Posts
 Posted 09/22/2012  11:23 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
leave it in the same holder and I would do it
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BH1964's Avatar
United States
10982 Posts
 Posted 09/22/2012  11:31 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
$800 is a fair price for an "honest" 65. That coin looks like a nice 65 and well worth it.

This date/grade and has gone over $900 many times and appears to be averaging a bit over $800 at auction this year.
ANA #R3154474
New Member
Sweden
12 Posts
 Posted 09/23/2012  1:06 pm  Show Profile   Bookmark this reply Add px1r to your friends list Get a Link to this Reply
22 ASE seems a bit steep to me.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/23/2012  4:55 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I believe it is a good 65 but I don't think it would ever have a shot at going any higher. Any time you get at the 65 level the smallest marks on the coin can keep it from making the next grade
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/23/2012  8:35 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
That's a reasonable trade, especially for a coin whose value is not tied so directly to the price of silver. Don't bother submitting, though - you're not going to upgrade with that visible mark below the eye, and NGC has relative parity with PCGS as regards price for this issue.
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Pittstate03's Avatar
United States
71 Posts
 Posted 09/27/2012  01:28 am  Show Profile   Bookmark this reply Add Pittstate03 to your friends list Get a Link to this Reply
It is a really nice coin. I have found that 1881CC's generally bring less than stated values. I bought a ms65 awhile back for a great deal less that mS65 grey sheet bid on ebay. You can find them for less. If you keep an eye on ebay auctions and/or the buy it now's that run 10% off sales, you will be able to find one. I would offer 18 eagles and go from there. You might play the crack out game with this one if you can stomach it. Good Luck!
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Drsandman2's Avatar
United States
1374 Posts
 Posted 09/27/2012  02:34 am  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
Dang, that is a nice coin. Offer a finger and pass a fart.
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