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 Replies: 10 / Views: 2,099 |
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Valued Member
United States
114 Posts |
I don't know I can afford, at least for some time, a 1854 cartwheel penny with crosslet 4. There are two on ebay right now in very similar conditions, one holed, the other intact. The holed one isn't a bad price right now, but 6 days to go on the auction. The other is "buy it now" at $149.99 (or offer), which is probably overpriced. I know these, like Canadian coins tend to be, a bit erratic in price and I'm guessing if I wait I may find one in the $50-$75 range. I'm turned off by a holed coin, but would like to fill the "hole" in my collection. Anyone care to talk some sense into my head? http://www.ebay.com/itm/Canada-Bank...em20ead76bb0http://www.ebay.com/itm/Bank-of-Upp...em35dbadaa4c |
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Pillar of the Community
United States
602 Posts |
in the desc. of the low MS coin without a hole, I see that it says...
"PLEASE NOTE: I will be away from my home 27 August-1 September, and will be unable to handle any sales or questions during that time."
...so even if you were to buy it, you wouldn't get it right away. Therefore, just wait a bit and see what the prices are for the biddable one in a few days.
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Valued Member
 United States
114 Posts |
Pretty good advice. I don't think I would pay much more. The hole really destroys a lot of value, though I don't have a good sense of how much it does on a more costly coin.
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Pillar of the Community
 Canada
9864 Posts |
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
08/29/2014 12:53 am
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Valued Member
United States
114 Posts |
Thank you!! Same condition and 1/3 the price.
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Pillar of the Community
Canada
695 Posts |
If you are unhappy with the hole, but considering buying it simply to fill a spot in your collection I say don't do it. You will ALWAYS be unhappy with the hole, as will others. You will probably want to upgrade, and may have a difficult time selling the holed one when the time comes.
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Pillar of the Community
Canada
1700 Posts |
Was the hold post mint damage?
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Valued Member
Canada
496 Posts |
Wait,these are not rare. You can get a nice one without
a hole and not pay a fortune.
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Valued Member
United States
114 Posts |
I'm not sure how many of that variety were minted, but I've always heard (and believed) they were not very common.
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Pillar of the Community
Canada
9864 Posts |
Depends on your definition of common. We'll never know how many were actually minted, the best we can do is guesstimate. I see about one a month unattributed, not exactly what I'd call rare, but far fewer than plain 4.
BTW, they are not cartwheel pennies, cartwheel pennies weighed a full ounce.
"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Canada
118 Posts |
I agree with less common, perhaps almost hard to find. If you scan the ebay listings, there are normally less than 5 crosslet 4's of the 100 to 150 half penny and penny coins listed at a given time, both attributed and not. |
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Replies: 10 / Views: 2,099 |
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Posted 08/28/2014 11:12 pm
