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Beautiful 55 Double Die! Thoughts?

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jdbarrick's Avatar
United States
350 Posts
 Posted 04/08/2015  9:18 pm Show Profile   Bookmark this topic Add jdbarrick to your friends list Get a Link to this Message Number of Subscribers
I have the option to make an offer on this coin from a local in town. He received a full set of wheat cents from his step mother. I am most interested in his 55 double die. It's gorgeous. As much as I love raw coins, I do have a hard time buying a rare coin with the risk of it being a well done counterfeit. I have my idea, but what would you grade this coin and what would you pay. I understand the value is ultimately what's it's worth to me to obtain the coin but I would still like some input. There is a little PMD but this thing is a beaut.



Beautiful-55-Double-Die!-Thoughts?

Beautiful-55-Double-Die!-Thoughts?
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Ploopy's Avatar
United States
1788 Posts
 Posted 04/08/2015  9:33 pm  Show Profile   Bookmark this reply Add Ploopy to your friends list Get a Link to this Reply
Wow that obverse hurts my eyes.
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jdbarrick's Avatar
United States
350 Posts
 Posted 04/08/2015  9:37 pm  Show Profile   Bookmark this reply Add jdbarrick to your friends list Get a Link to this Reply
Lol
Because of the doubling?
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 04/08/2015  9:40 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
It probably would grade between XF-45 to AU-50, possibly a 53.. Probably more toward the XF-45 range though.

Looks improperly cleaned, and probably would be details. XF45 Details Improperly cleaned & scratches, not sure if they'd include scratches/dings in the title.

Still a beautiful coin! Any idea what's the lowest he'll take?
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Cascade's Avatar
United States
7390 Posts
 Posted 04/08/2015  9:42 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Wow, I think I need glasses
Edited by Cascade
04/08/2015 9:56 pm
Valued Member
jdbarrick's Avatar
United States
350 Posts
 Posted 04/08/2015  9:44 pm  Show Profile   Bookmark this reply Add jdbarrick to your friends list Get a Link to this Reply
That was my concern Drew. If I bought it I would like to get it slabbed but I'm afraid I'd invest a sizeable amount of cash in the coin just to have it come back Details, cleaned etc... He turned down 900 in another offer...
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T-BOP's Avatar
United States
18456 Posts
 Posted 04/08/2015  9:46 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
EF-45, probably cleaned and retoned. color is way off.
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edweather's Avatar
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7375 Posts
 Posted 04/08/2015  9:53 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
If he already turned down $900, I'd pause.
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 04/08/2015  9:58 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply


I'd spend $900 going through pennies every day, and continue that process over and over again until you find a 55 DDO


But hey, someone did find a 55 DDO, it was several years back. I'm sure several more have been found since, but the probability of finding one is like 1/#8734;, but I bet there's some still circulating...


Hey, just an idea...
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jdbarrick's Avatar
United States
350 Posts
 Posted 04/08/2015  9:58 pm  Show Profile   Bookmark this reply Add jdbarrick to your friends list Get a Link to this Reply
Pause as in back off?
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 04/08/2015  9:58 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
Errr, apparently coincommunity didn't like me using the infinity symbol, so it replaced it with #8734...
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edweather's Avatar
United States
7375 Posts
 Posted 04/08/2015  10:09 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply

Quote:
Pause as in back off?


Yes, unless you can work some kind of deal where if you send it out, it's one price for details, and another for problem free. If he won't sell it to you for $900 as is, then it needs to be in a slab imo.
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52Raymo's Avatar
United States
8516 Posts
 Posted 04/08/2015  10:16 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Definitely cleaned and retoned imo .
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/08/2015  10:22 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Well, let's say "maybe" because of the potential for photography to be misleading, but I'd call it XF Details Questionable Color and maybe $1000 in PCGS Details plastic. The nicks alone are right on the verge of a Details designation. $900 doesn't leave me enough headroom to consider a purchase.

That said, I'd snap this one up if the price were right. The color may be off, but it's a nice color.
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jdbarrick's Avatar
United States
350 Posts
 Posted 04/08/2015  11:07 pm  Show Profile   Bookmark this reply Add jdbarrick to your friends list Get a Link to this Reply
BTW superDave, Do I have a morgan to show you!!
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Rollsearcher37's Avatar
United States
1295 Posts
 Posted 04/08/2015  11:12 pm  Show Profile   Bookmark this reply Add Rollsearcher37 to your friends list Get a Link to this Reply
Check this one out. This exact coin is listed on ebay for a BIN of $1500.

http://www.ebay.com/itm/1955-55-DDO...em19fe236693
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