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Posted 05/29/2013 9:08 pm
Quote:
It looks like actual ebay sales show a value of around $80(or less) for a raw 1912-S with the S visible. There were several that sold in the $40-60 range that had indistinguishable mint marks, were cleaned, corroded, or a combination. In my mind that means even slabbed this coin would have a market value of less than $80, & probably in the $40-60 range.
It looks like actual ebay sales show a value of around $80(or less) for a raw 1912-S with the S visible. There were several that sold in the $40-60 range that had indistinguishable mint marks, were cleaned, corroded, or a combination. In my mind that means even slabbed this coin would have a market value of less than $80, & probably in the $40-60 range.
I don't believe that is correct.
When buying raw coins on ebay, buyers are usually willing to pay less than fair value for the coins, taking into consideration that they are taking the risk.
The dealers see the coin, knows all of his problems (not to mention the risk of fake coins), and the pics might (intentionally or not) hide some of the flaws.
I see here a problem free AG3 example.
Raw, without clear mintmark, I'd estimate it'd bring 20-50$, with potentially requiring refund if the buyer can't verify the mintmark.
Slabbed, if it's indeed AG3, it's easily 70-80$ on ebay.
