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 Replies: 16 / Views: 3,784 |
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Pillar of the Community
United States
3755 Posts |
Been busy as all get out the last few weeks and havent been posting. But I have been doing collecting things. :) So I thought this would be a good first post back. So, unless I hit the lottery, I purchased my first and only 20 cent piece today, an 1875 CC. There is a bit of a story behind the coin too. I walked into my LCS one day a few months ago and was talking with the owner. He was sorting through a bunch of coins on his desk and I asked him what he had. He handed over his sorting tray and it was full of bust quarters and halve and trades and peace and 3 different kind of large cents etc etc. But one caught my eye out of the group. I 20 cent piece. As you dont see those every day, it really jumped out. Something else about ALL the coins jumped out. The reverses all had green felt stuck to them. Evidently they had all been glued to a felt board and placed in a recessed coffee table. Had to have been 50 coins. I wept. I picked up the 20 cent piece and yep, big old clump of green felt. AND a nick in the rim where it got pried off the board. But not bad. Soooo, I proceed to tell the owner about the miracle of acetone. I told him I would bring some in and show him what to do. Several days later, I did. I showed him how to use a q tip to remove small bits and how a soak will lift a lot of it off. I cleaned up that 20 cent piece right there. I told him to figure out how much he wanted for it and let me know. He then proceeded to misplace it. For the last few months. *sigh* Sunday I got an email. Don, guess what I found? With a price that was more than fair IMO. So I grabbed her today...   |
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Pillar of the Community
United States
4409 Posts |
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Pillar of the Community
861 Posts |
smokeriderdon, you now own 25% of the regular strike 20 cent series.....congrats.
Maybe go after the complete set....
PS is that solder/glue at the top star on the obverse?
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Pillar of the Community
United States
3234 Posts |
Would you be willing to divulge the price you paid?
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Pillar of the Community
 United States
3755 Posts |
Meadow, thanks for the link. :) And thats why I decided to get this one. If I was gonna get a 20 center, might as well be the CC. g. The complete set? The uber expensive proof onlys? Ummm, NO. LOL If you mean just the business strike coins, then perhaps I might. As for the spot on the star. Not sure what caused that. It has a bit of verdigris in it. If it is solder, I cant for the life of me figure out why. But I dont think so. There is some damage there, but no extra metal that I can tell. Prethen. CoinWorld gives a full retail value of 425.00 for a G4, which is where I grade this. I paid 245.00. |
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Pillar of the Community
United States
3234 Posts |
Numismedia lists $300 in problem-free condition. It's definitely an historic coin and it's great to find such a coin to fill a hole in your collection!
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Moderator
 United States
188213 Posts |
Very nice!  |
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Pillar of the Community
United States
3453 Posts |
That is a really nice one to have (if you are to only have one)  . Sadly for my pocket book, coins are like potato chips for me... |
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Valued Member
United States
72 Posts |
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Pillar of the Community
United States
898 Posts |
Looks like a beauty of a coin. Hopefully the acetone lesson gave you a bit of room to haggle the price lower. The reverse turned out pretty good too.
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Pillar of the Community
United States
3755 Posts |
Prethen, I have always looked at Numismedia as a wholesale price list. If you manage to get a coin at the prices they list, you got a good deal. I figure about half of full retail for this coin was not bad at all. The damage is not horrendous and it is a coin with a mintage of like 130,000. I consider myself lucky to have got away with that price. Kelly, believe me, if I had not got this price on it, I would still not own one. LOL duncan, he has a guy grade his coins. He did not realize this was one of the felt coins. He just thought the rim damage was incidental. He told the owner to ask more for it than what I paid. And had he sold it to anyone else, he was going to ask more. So yeah, I think making all the coins sellable helped me on this one. Catbert, I am not registered with them to see the price. But thanks.  |
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Bedrock of the Community
United States
20753 Posts |
Nice going. However, I wonder how much he would have charged you if you bought it as is.
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Pillar of the Community
United States
3755 Posts |
I might have gotten it cheaper, but I like the owner. He as always treated us well. And I figured showing him how to "clean" these coins and salvage them would go further than the difference in prices would have been.
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Pillar of the Community
United States
3486 Posts |
"He as always treated us well. And I figured showing him how to "clean" these coins and salvage them would go further than the difference in prices would have been."
ANY time a dealer is willing to learn something new is priceless. Next time he will remember you and the lesson.
Now, IF I can only find the 20 cent piece that I bought I will trade my story.
Not as good as yours but it is a CC as well.
(I refused to buy an 1876-S! - too common.)
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Valued Member
United States
72 Posts |
smoker - you can sign up at Heritage for a free account that will give you access to archival sales info. This is a very good resource not only for general market information, but also to look up Heritage realized prices on specific slabbed coins that sold in that venue.
The link I posted showed a straight graded PCGS G4 that sold for $223.25 including buyer's premium.
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Pillar of the Community
United States
3755 Posts |
Matthew, he knows me well enough to know I am not an idiot, so he does listen to what I have to say. And find yours! I would love to see it and read the story. :)
catbert, holy crud!Whoever was selling that coin got abused! This is why I do NOT put my stuff up for auction. I will do fair common sense haggling, but no way am I putting up a coin like that to be subjected to the whims of the masses.
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Replies: 16 / Views: 3,784 |
Posted 09/02/2014 9:37 pm
you acquired the only available CC minted twenty-center.
