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ICCS MS 64 Dollar

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Pillar of the Community
Canada
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 Posted 02/13/2014  11:44 am  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
If it's fair and reasonable to the buyer and he can sleep at night having done the deal, then it's a fair price. Who are we to judge? Is $80 for a G8 1935 Dollar a fair price? I wouldn't by a new 40K Ford SUV because its worth 4K after 5 years but many people do. Do I personally think that 75% trend for this particular coin is high? Yes, in this market it is.
Edited by TheCoinHunter
02/13/2014 11:50 am
Pillar of the Community
Canada
5324 Posts
 Posted 02/13/2014  12:10 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
If this coin is a normal ICCS ms64 label, who cares it sold in a reasonable price range, but with this odd grading label it has generated much discussion, oh well
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SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 02/18/2014  3:12 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
Ironic how fast everyone cries 'foul' with the coin dealer here, without knowing the details of the transaction, and lamenting how the collector is at a loss here. Yet, everyone is all pats on the back when 'flipping' a popular NCLT item on ebay for 2-3 times what they paid for it, most often to an unknown collector who might not necessarily know better. Said 'flippers' know fully well that most 'flipped' items will depreciate considerably in a decade or less...

It does not matter if you collect coins, stamps, comic books, Hot Wheels or rare muscle cars... Caveat emptor applies to all. Dealers and collectors alike...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Canada
9866 Posts
 Posted 02/18/2014  3:43 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
"Flippers" aren't respected dealers, they occupy the other end of the spectrum, their maxim is "there's a sucker born every minute". The sale of this coin brings the dealer down to their level.
"Dipping" is not considered cleaning...
-from PCGS website
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 02/18/2014  7:06 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Quite simply put...For all those dealers who read this thread and defend the seller on the sale of this coin then
I invite and encourage you to list the name of your company below so I/we can pass by your booths at any future shows or elsewhere.
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SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 02/18/2014  7:25 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I would suspect that most participants in this forum, are astute enough to buy the coin and not the holder... (certainly a message we all have been saying for years here).

Frankly, I don't consider a sale like this to be a deal breaker with me. Partly because I know any coin bought from that dealer, can be easily returned if the buyer is not happy with the coin.

I have bought problem coins unknowingly in my early collecting days, some were expensive. I chalked that experience up as knowledge and a lesson learned... it is like watching my boy lower his guard and get his nose thumped in his karate lessons - some lessons are best learned the hard way.

But, watching a dealer last year at a coin show (who shall remain unnamed here) offer face value for silver coins from someone who inherited a collection, on the other hand, is sickening...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Edited by SPP-Ottawa
02/18/2014 7:34 pm
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 02/18/2014  7:34 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply

This thread twitches a nerve with me and I keep telling myself to let the thread go only to find myself getting drawn right back in after every other comment.

Note to self... Let this thread go and do not comment anymore.
Edited by darryldarryl
02/18/2014 7:50 pm
Pillar of the Community
Canada
1461 Posts
 Posted 02/21/2014  2:53 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
So what's a fair market value price for this coin?
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wireman09's Avatar
Canada
972 Posts
 Posted 02/21/2014  3:19 pm  Show Profile   Bookmark this reply Add wireman09 to your friends list Get a Link to this Reply
400.00-500.00 IMO...But I would have no interest in a harshly cleaned dollar.
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