Recent Heritage close auction prices show about $690 for pure Red.
He's asking $650 plus tax, bringing it to just over $700. But here's the thing. The toning is only on the obverse, and it's a BEAUTIFUL rainbow tone. Should I go for it?
I paid 500 for an 1972 number 1 double die for Ms64 red and brown in Pgcs slab in 2007. I thought I overpaid since it was red brown and not full red at 500 bucks.
I think it is just a little too high if it were not rainbowed. How often does a nice rainbow toning come along on a key coin? Usually people are willing to pay the premium for rainbows.
I know I pay a premium for cents with more "eye appeal" but it is me who in the end needs to be happy with what I bought. I would offer $600 for it though.
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