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More Seated Halves For Me, Thanks In Big Part To CCF!

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Author Previous TopicReplies: 11 / Views: 1,436Next Topic  
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weerdsteev's Avatar
United States
1291 Posts
 Posted 01/12/2014  01:03 am Show Profile   Bookmark this topic Add weerdsteev to your friends list Get a Link to this Message Number of Subscribers
I listed 2 Seated halves in the Classic Coin Grading section that I had acquired with the understanding that they would be (1859) AU and (1874) MS-60. The consensus was that they were both more like XF-45.

This acquisition was part of my on-going and oft-chronicled dateless Buffalo nickels for Seated halves trading adventure with a guy who, for whatever reason, wants to acquire a mountain of dateless Buffalo nickels. I sent him 5800 dateless Buffaloes and in return I received the two halves mentioned above and also an ANACS 1917-S Buffalo in AU.

He had the two halves valued at $580 for the UNC and $160 for the AU - based on 80% of Grey Sheet bid.

So - when I went back to him and told him, no, I could not accept them because I thought his grading was faulty, here is what he proposed: He downgraded the grading on both halves to XF-45 and, again, priced them at 80% of Grey Sheet, which meant that the 1874 went from $580 to $232 (!!) and the 1859 went from $160 to $120. He then threw in 3 more halves - all of them slabbed by either ICG or ANACS. The 3 were an 1846-O tall date in VG, an 1857-O in XF-40 and an 1872 in XF-45. (I also got to keep the AU 1917-S Buff!)

I'm not real experienced with this series yet, but I was pretty sure the two he sent me were not graded properly. Having all of YOUR studied opinions, however, gave me the confidence to go back to him with some good ammunition and come out of this adventure feeling pretty good about what I had acquired...so...thank you CCF!!

Valued Member
United States
74 Posts
 Posted 01/12/2014  01:52 am  Show Profile   Bookmark this reply Add Morbidsteve to your friends list Get a Link to this Reply
That's awesome!! Glad everything worked out well!
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upstate's Avatar
United States
3278 Posts
 Posted 01/12/2014  07:58 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I believe you got the best part of the bargain even before the 3 additions, very nice for you.
Although it probably did take some work to acquire 5800 dateless buffalos!
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Moe145's Avatar
United States
8904 Posts
 Posted 01/12/2014  08:34 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
This is why we all love the CCF!
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yhbearcats's Avatar
United States
688 Posts
 Posted 01/12/2014  09:51 am  Show Profile   Bookmark this reply Add yhbearcats to your friends list Get a Link to this Reply
That sounds like a great deal!

Glad it worked out for you and you are happy.
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Joe2007's Avatar
United States
3843 Posts
 Posted 01/12/2014  11:17 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
I'm glad it worked out. I agree that his grading was quite optimistic on the 1874. Still you're trading a bunch of less desirable coins for a few better quality coins so I like the trade.
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IndianGoldEagle's Avatar
United States
36575 Posts
 Posted 01/12/2014  11:32 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Sounds like you got a pretty good deal. I'm sure he is acid treating the dateless Buffalos looking for the key dates.
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 01/12/2014  12:22 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Congrats


The way members on this forum were friendly and helpful is one of the reasons I joined.

-MV
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vanbroj's Avatar
United States
450 Posts
 Posted 01/12/2014  3:47 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
Good for you Steve !
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OLCoins's Avatar
United States
397 Posts
 Posted 01/12/2014  4:16 pm  Show Profile   Bookmark this reply Add OLCoins to your friends list Get a Link to this Reply
Very cool!

and..., when you get them.
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weerdsteev's Avatar
United States
1291 Posts
 Posted 01/12/2014  9:07 pm  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply

Quote:
I'm sure he is acid treating the dateless Buffalos looking for the key dates.


IndianGoldEagle: Nah! Doing THAT is MY gig! All the nickels I sent to him were from the Philly mint.
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Moe145's Avatar
United States
8904 Posts
 Posted 01/12/2014  11:00 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply

Quote:
Nah! Doing THAT is MY gig!


True dat! If WeerdSteev says it's a Philly mint, I believe!!

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