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Cheerios Dollar Worth The Gamble?

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Pillar of the Community

United States
1913 Posts
 Posted 06/05/2015  11:59 am Show Profile   Bookmark this topic Add Bret to your friends list Get a Link to this Message Number of Subscribers
Do you think that this Cheerios dollar is worth the gamble?
http://www.ebay.com/itm/2000-P-SAC-...301653918959?
The seller doesn't really claim that it has the detailed tail feathers on the reverse. It's not certified and could easily be taken out of the packaging for verification. But, it does seem to have the die polishing marker on the obverse.
http://www.smalldollars.com/dollar/page20c.html
If I had a coin that valuable, I would for sure get it certified to remove all doubt and increase the final selling price. So, I'm very hesitant. What do you think?
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 06/05/2015  12:12 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
In my opinion and from what I have seen of sales on ebay, I would not gamble that much money on the rare chance that it be a rare coin. Seller doesn't even post pictures of the reverse at all... doesn't seem legit to me but that is my opinion.
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bobby131313's Avatar
United States
24150 Posts
 Posted 06/05/2015  12:21 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
He can't post pictures of the reverse, it's still in the package.
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oih82w8's Avatar
United States
7840 Posts
 Posted 06/05/2015  12:30 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I would based on the obverse die polish marker and submit it to PCGS for certification and attribution.
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 06/05/2015  1:11 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Ohhhh I see... I wasn't sure how the packaging was on these. Thanks for the info Bobby! :)
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welder's Avatar
United States
1037 Posts
 Posted 06/05/2015  1:43 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
The item is going for $2,248.00 with 4 days to go.

Too rich for me.
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Debrajc's Avatar
United States
4211 Posts
 Posted 06/09/2015  5:02 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
$3,805 with 2 hours to go.....
Pillar of the Community
United States
1913 Posts
 Posted 06/09/2015  5:53 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
That tells me that many are confident that it's the pattern, but I'm not 100%. I'd pay more than that if I knew for sure, but I just can't take that big of a gamble. Sure wish the buyer could let us know how it turns out.
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tweak800's Avatar
United States
1249 Posts
 Posted 06/09/2015  6:21 pm  Show Profile   Bookmark this reply Add tweak800 to your friends list Get a Link to this Reply

Hmmmm I'm not sure of the die characteristics. It is a gamble
Edited by tweak800
06/09/2015 6:25 pm
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westernsky's Avatar
United States
7614 Posts
 Posted 06/09/2015  6:49 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Over rated coin and not my cup of tea.

Somebody will want it though.
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Slamnbass's Avatar
United States
3644 Posts
 Posted 06/09/2015  6:54 pm  Show Profile   Bookmark this reply Add Slamnbass to your friends list Get a Link to this Reply
No way ever I would spend that kind of money without seeing those tail feathers! Thats the only 100% way to verify I dont think taking it out of package is gonna hurt it- if hes trying to show its legit by still being in package I think showing the tail feathers is way more legit
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Slamnbass's Avatar
United States
3644 Posts
 Posted 06/09/2015  7:04 pm  Show Profile   Bookmark this reply Add Slamnbass to your friends list Get a Link to this Reply
And I believe some were found w/out the detailed feathers so then what?
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 06/09/2015  8:00 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
Wow. It ended at $4,801.00.
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Slamnbass's Avatar
United States
3644 Posts
 Posted 06/09/2015  8:53 pm  Show Profile   Bookmark this reply Add Slamnbass to your friends list Get a Link to this Reply
Holy cow
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cwb's Avatar
United States
3463 Posts
 Posted 06/09/2015  9:08 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply

Wow
Pillar of the Community
United States
5202 Posts
 Posted 06/09/2015  9:37 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
If I had a coin that valuable, I would for sure get it certified to remove all doubt and increase the final selling price. So, I'm very hesitant. What do you think?


No more than gambling on sending in your MOD sets in unopened to a TPG without looking at them. If you know you can sell them raw for $105 a set or you spend at least $50 getting them slabbed and they come back with hazy coins and only grade at MS68 and only sell for $100 you just lost $55.

This coin has the die marker.

However without seeing the reverse you can't guarantee the overall grade.

And by some dumb luck twist it might not be the FS-901 variety.

The coin sold for $4800. Say it had only sold for $3000. That is still good money.

What if the coin only grades MS64 or MS65 when all of the rest that have sold for big money are MS66 or MS67. The seller sells it for $5K if he is lucky.

Say he opens it up to check for the variety and it doesn't have it. Now he has a plain old 2000P Sac. He just left $3000 or $4800 or whatever on the table.

How does that old saying go? A bird in the hand is worth 2 in the bush.
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