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Did I Get A Deal?

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Author Previous TopicReplies: 14 / Views: 1,751Next Topic  
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Agrippa's Avatar
United States
663 Posts
 Posted 05/17/2014  9:43 pm Show Profile   Bookmark this topic Add Agrippa to your friends list Get a Link to this Message Number of Subscribers
I bought this for $6. If I'm reading the PCGS website correctly, it's worth $375? http://www.pcgs.com/Prices/PriceGui...tial+Dollars

Am I missing something or did I get a deal?



Did-I-Get-A-Deal?
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 05/17/2014  9:50 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Sure looks like you did. Good that it's slabbed, because there are fake missing lettering coins out there.

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Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 05/17/2014  10:14 pm  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
Sounds like you got a good deal for that dollar! The PCGS price seems to be rather on the high side, though.
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 05/17/2014  10:35 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
You did get a good deal. Although don't go by PCGS price guides. They are completely inaccurate on moderns. I have a 2011-S PR70-DCAM Shield Cenis which is listed by PCGS as $200+ but which I bought for $11 and what regularly sells for $25> on ebay.
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Rackster's Avatar
United States
4809 Posts
 Posted 05/17/2014  10:43 pm  Show Profile   Bookmark this reply Add Rackster to your friends list Get a Link to this Reply
Nice bargain Agrippa!!
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United States
5205 Posts
 Posted 05/17/2014  10:45 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
If I recall most of the missing edge lettering were an inside job and after market settled the value as around $75.

If you paid $6 then you made at least 12X what you paid.
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United States
589 Posts
 Posted 05/20/2014  02:18 am  Show Profile   Bookmark this reply Add Groszy to your friends list Get a Link to this Reply

Quote:
If I recall most of the missing edge lettering were an inside job


But those were not satin finish coins, were they? I think the guy suspected of (not sure if he's been convicted or not) mint theft was doing so with regular circulation strike coins since the satin finish special mint set strikes would probably have been too risky (I'd imagine a few too many missing burnished blanks)

Take for example Satin Finish vs Circulation Strike Jefferson.

So, the one you're looking for, but the PCGS price indicated for a 65 is a tad high. But, you can see three ebay sales prices for 2014 ($126, $104, $130) and two Heritage sales prices for 2014 ($66 and $90). Much better indication of value. (A good deal nonetheless)
Valued Member
TripAces's Avatar
United States
185 Posts
 Posted 05/20/2014  08:44 am  Show Profile   Bookmark this reply Add TripAces to your friends list Get a Link to this Reply
Nice deal. I have to ask...where did you get this from?
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Agrippa's Avatar
United States
663 Posts
 Posted 05/20/2014  2:23 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
Thanks for all of the input! $2.25 + shipping on ebay. I don't usually buy anything over face value, but when I saw the pcgs price guide on this I figured I could risk $6.
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Finn235's Avatar
United States
6130 Posts
 Posted 05/20/2014  2:35 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I'd say you did quite well! I think the $75 figure is only for Washington pieces... Adams and Jefferson are supposedly much more rare. I've never heard of a Godless Q. Adams dollar before... those were close to the time they moved the motto to the obverse if I recall?

If you're smart in reselling this, I'd imagine you could get ballpark $100-150 for this.
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Agrippa's Avatar
United States
663 Posts
 Posted 05/20/2014  3:29 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
That's the goal. :) I am totally NOT into the Presidential dollars for some reason. I much prefer the other denominations!
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stampvirgin's Avatar
United States
1247 Posts
 Posted 05/20/2014  5:55 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
i would inspect the slab very carefully... it looks hokey to me.
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Agrippa's Avatar
United States
663 Posts
 Posted 05/20/2014  6:18 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
Uh oh....in what ways does it look hokey?
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Agrippa's Avatar
United States
663 Posts
 Posted 05/20/2014  7:06 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
I just stopped by my LCS and he said it looks legit. Whew! He said he's seen fake ones and has even had the FBI involved on some fakes before. Crazy!
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stampvirgin's Avatar
United States
1247 Posts
 Posted 05/21/2014  4:46 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
I didn't think the FBI got in on those, usually the SS
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