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 Replies: 26 / Views: 3,739 |
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New Member
United States
10 Posts |
My first day on this forum. Hello everyone. Like the title says I just sent in a 1852 Seated Liberty dollar to be graded. I have no idea what it is worth, or where to sell it, or if I should even sell it. I have had this coin for less than a week had offers from coin shops 30 to 3800. It is with pcgs now. I bought it in scrap. got 16 bucks in the coin and have no idea what to do with it. Any advice would be GREATLY appreciated. I have no exp. in this world beyond scrap. |
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New Member
 United States
10 Posts |
Is there anyone that I should be talking to about this matter?
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Pillar of the Community
Korea, Republic Of
1881 Posts |
 to CCF. First of all, we cannot tell you anything, anything regarding the value/condition/authenticity of the coin with no pics. We need pics. Pics are a must when you ask these questions. We will be able to determine its authenticity, grade the coin and detect any problems and PMD (if any), then tell you a dollar figure and provide you information about selling it. One thing sure is that if it turns out to be genuine, it's definitely worth more than just melt. definitely.You should have posted the coin on CCF before you submitted it for slabbing. When you don't know much about the coin, it's always good to ask experienced numismatists. Edited by Matteproof
07/28/2014 9:55 pm
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Valued Member
United States
373 Posts |
An 1852 Seated Liberty dollar is a several thousand dollar coin even in low grades - if it is real. You have done the right thing sending it to PCGS. When it it returned to you, if it is genuine, we can be of more help to you in advising you on what you have, its value, and how you might want to sell it (if that is your goal). So, in answer to your question - you are talking to the right people - but we need a bit more information before we can be of help. Is there any chance you have pictures of the coin? |
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Forum Dad
 United States
24154 Posts |
Yep Matteproof speaks the truth. In the future post images here before doing anything.  |
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New Member
United States
10 Posts |
No I don't have any good pics of the coin unfortunately. I have a few cell phone pics, maybe they will clear up when I transfer them to my laptop. I appreciate the advice. The gentleman in the jewelry/coin shop shipping it off thought it would grade vf-xf but didn't want to really say much. Is the turn around time on grading usually like a month to a month and a half?
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New Member
United States
10 Posts |
unfortunately moving images to laptop did not help. guess I will have to wait til I get the coin back to post some images for you. Sorry guys, just plain old inexperience on my part.
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Bedrock of the Community
Australia
21786 Posts |
If it is with PCGS, at least they should be able to tell you if it is fake or not.
If it IS fake, they would not grade it as a matter of principle, and it would be returned unslabbed.
In this case, much better to examine it in hand by a professional expert. You are now doing this, albeit for a fee. By far the best way, if you don't know much about how to spot a fake for yourself.
This case provides probably the most justifible reason for professional slabbing businesses to exist.
What were the circumstances around which this piece was sold to you?
In most cases the seller would have known it is a fake, after a cursory look in a coin catalog.
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New Member
United States
10 Posts |
it got tossed into a gun trade to even out the deal. I normally buy sell and trade pool cues and guns. silver scrap is always on the table in those trades. In the same trade I got several morgan cc mints and 2 2 1/2 dollar gold Indians. The coin actually went into my silver scrap until a buddy of mine pulled it out and said he got a good price out of that type of coin. which prompted me to do a little research.
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New Member
United States
10 Posts |
the coin went to 2 different coin shops before I decided to send it off to get graded/authenticated. Now these shops seemed to think it was the real deal but again I don't know these guys from "Adam"
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New Member
United States
10 Posts |
I see how many of these coins were minted but exactly how rare is a mint of 1100?
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Valued Member
United States
156 Posts |
pretty darn rare. To the point that I would immediately consider it to be a fake if someone threw it in on a gun trade at scrap value.
But its off to be looked at. What authentication service did you send it to?
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New Member
United States
10 Posts |
PCGS and I believe all the other 1880's morgans and 2 1927 gold Indians checked out too. But now you got me worrying I may have just wasted 100 bucks getting it graded. Wish the guy sending it off at the coin shop would have told me I could have got it graded in person in Chicago in 2 weeks.
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New Member
United States
10 Posts |
Both coin shops first doubted it too Jay, then they went through their processes and made cash offers on the coin. I don't know though again I deal in guns and cues. I don't know how this industry operates but the cash offers make me think that at least they thought it was real.
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Valued Member
United States
156 Posts |
without even seeing pictures, there is not much anyone can say here imo.
THere would be other things wanted besides pictures, such as weight and dimensions.
And I am not saying it is fake, I just know I would immediately think it a fake if it was thrown in on a gun deal. ie, if I was in your shoes during the trade.
If it is real though, it is worth thousands in any condition. in vf-xf condition? 20K and up
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Pillar of the Community
United States
8904 Posts |
Tydrano, I hope you have an original Seated Liberty dollar. However, my suspicions are that your coin is not genuine. 1852 Seated Liberty dollars are extraordinarily rare.  I hope I'm wrong. Good luck with your grading! I wish you all the best.  Edited by Moe145
07/28/2014 11:12 pm
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Replies: 26 / Views: 3,739 |
Posted 07/28/2014 9:52 pm
