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What Would Be A Fair Price On This 1799 Cent PCGS VG10?

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Valued Member

Canada
160 Posts
 Posted 03/12/2015  7:45 pm Show Profile   Bookmark this topic Add redcentcollector to your friends list Get a Link to this Message Number of Subscribers
Valued Member
Canada
160 Posts
 Posted 03/12/2015  7:56 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
This PCGS AG03 CAC seems like a crazy price?

http://www.ebay.ca/itm/351161466200....m1423.l2649

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Celticsoul's Avatar
United States
1566 Posts
 Posted 03/12/2015  8:01 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list Get a Link to this Reply
Like I said in the last post you made we're talking about coins so rare that the seller can basically name their own price. I suggest you look through auction reports from Heritage or the Goldberg boys to see what actual prices were realized at auction. I would like to add that ebay is the very worst place to purchase a coin like this.
Valued Member
Canada
160 Posts
 Posted 03/12/2015  8:11 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
Thanks I will take my time and stay away from ebay.
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Celticsoul's Avatar
United States
1566 Posts
 Posted 03/12/2015  8:13 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list Get a Link to this Reply
If you are serious about buying a coin this expensive try Heritage Auctions or Ira and Larry Goldberg. ebay is fine for common coins as long as you know what to look for and what to avoid.
Valued Member
Canada
160 Posts
 Posted 03/12/2015  8:14 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
Is that very bad on a coin this rare do the missing spots on the 11 500$ one? I mean the little gaps. Or is that normal?
Valued Member
Canada
160 Posts
 Posted 03/12/2015  8:16 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
Yes I am very serious about buying either a 1793 or a 1799 cent for my collection. I will take your advice.
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Celticsoul's Avatar
United States
1566 Posts
 Posted 03/12/2015  8:19 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list Get a Link to this Reply
The coin has very good detail but has some planchet damage. While not typical, it's not unheard of either. I think it's a very nice coin but too pricey for my blood. 1799 and 1804 are the only Draped Liberty Cents I'm missing from the collection.
Valued Member
Canada
160 Posts
 Posted 03/12/2015  8:23 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
I truly appreciate your help!!
Valued Member
Canada
160 Posts
 Posted 03/12/2015  8:40 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
With those missing ''spot'' issues is there a chance the coin may crack after a while? Sounds like a stupid question but I am serious.
Edited by redcentcollector
03/12/2015 8:40 pm
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Celticsoul's Avatar
United States
1566 Posts
 Posted 03/12/2015  8:42 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list Get a Link to this Reply
No it looks like it was probably on the coin blank before it was even minted. This is a common problem with early large cents.
Valued Member
Canada
160 Posts
 Posted 03/12/2015  8:46 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
Thanks!!
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/12/2015  8:48 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
With all due respect, man, you're talking about spending north of $10,000 on a coin you don't know how to evaluate? Please don't.
Valued Member
Canada
160 Posts
 Posted 03/12/2015  8:53 pm  Show Profile   Bookmark this reply Add redcentcollector to your friends list Get a Link to this Reply
I have been collecting Canadian coins since 1989 just need help with these coins since I do have a nice collection of U.S cents just looking to buy my 1st major key for my set.

In Canada we do not have such old coins so these questions do no come up north side of the border.

But you are correct I will be taking my time to make sure I get this right.
Edited by redcentcollector
03/12/2015 8:56 pm
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Celticsoul's Avatar
United States
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 Posted 03/12/2015  9:00 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list Get a Link to this Reply
He seems pretty adamant SsuperDdave.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/12/2015  9:12 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
OK, we'll do the best we can then.

As has been recommended, first register at Heritage Auctions. It's free, you don't have to provide financial data and their archive of sales similar to this numbers almost two million going back 20 years. They have 42 records of 1799 Large Cents in VG8-VG10, for example.

That's a very good start, as long as you factor the possibility of a bidding war driving one or two random auctions too high.

Ask all the questions you wish. We may know individual sellers, perhaps dealers friendly to Canada. And although you can generally trust a bunch of us, don't trust any single one of us with this kind of money at stake.
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