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 Replies: 35 / Views: 6,753 |
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Pillar of the Community
United States
616 Posts |
I recently listed an 1859 DP9 #3 on the Bay and have gotten several lower offers for it but I feel that my asking price is fair for its rarity. Then I received the following message about the listing: Quote:
Dear Seller
They are only 4 RARE 1859 variety's 1) 1859 coinage 2) 1859 Brass 3) 1859 9/6 ( Inverted 9) Type 1 and 4) 1859 9/6 ( Inverted 9) Type 2 those 4 coins are rare.
Your coin is scarce not rare. I know a lot of sellers abuse and overuse the word "rare" in an effort to sell their items but I rarely (pun intended) use it unless I truly believe the item to be so. In researching current and completed listings on the Bay, as well as other online auction sites (Heritage, Great Collections, etc.), I have only found a few DP9 #3 examples that have been offered up for sale. Granted the 1859 Brass cent is undoubtedly extremely rare, with the 1859/6 inverted 9 also considered very rare but with far more known examples than the ever elusive brass cent that has only a few. As for the Type 1, they seem to be plentiful in all grades and easily available for acquisition. So what are your opinions as to the rarity of the various 1859 Large Cent varieties? |
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Pillar of the Community
Canada
2187 Posts |
Of all the DP9, I believe the type 1 brings in the most attention/sells for the most. But all four DP9s are desirable. Do you have a link your coin on ebay? As for the message you received, it can go both ways. Sure the coinage, brass, 9/6, etc. are considered rare and are really sought out for, but that doesn't mean yours isn't. DP9s are definitely a sought out, and I've seen people jump on them all the time. So if you ask me (and again, this is my opinion): if I saw an item on ebay that said "rare 1859 DP9 #3", I would not think you are going over the line trying to sell your item. |
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Moderator
 Canada
10456 Posts |
I actually filter out my ebay searches using '-rare' as a search term. The only time I ever use the word "rare" is when I am ordering my steak... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
 United States
616 Posts |
Paulsz- It is an active listing and I'm not sure I can post a link to it without violating the rules of the forum.
However, last time I looked it was one of only two currently listed on the Bay. I sell under the same name I use here.
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Pillar of the Community
 Canada
5585 Posts |
Many hardcore Canadian collectors restrict the use of "rare" to describe items where less than 10 are known to exist in collector hands, but that doesn't mean that there aren't more out there. That's the descriptive term that I use as well (<10) and do it for antiques as well as coins. I use "very scarce" for those with less than 25 known and "scarce" for less than 50 known to be in collector's or dealer's hands in grades of F-15 or better. A DP#3 is a great coin to have and pretty hard to find .. much harder than a DP#2. I, personally, think that it's much harder to find than a DP#1, but the #1 has been publicized for more than 60-70 years while the #3 for less than 5. There's holes for a #1 in every folder or album and a #3 is just an add-on. Give it 5 more years or so and a good supply/demand ratio will be there for the #3. I would take the email you got with a grain of salt. It is all a matter of symantics and everyone's definition is different. There are some ebay dealers (one in particular) that uses "extremely rare" for just about anything listed in trends for a premium, and they are mostly "doctored" coins. I think that the Trends pricing is a little low across the board for full retail and a person should be able to find one for about 80-85% of Trends if he shops around. Remember that Trends is in Canadian $$ and the exchange rate is about .75 or $1US = $1.33 Canadian. Edited by okiecoiner
11/10/2015 2:35 pm
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Pillar of the Community
United States
1949 Posts |
Here's the link for the auction in question: (I believe) http://www.ebay.com/itm/1859-Canada...AOSwo0JWNX97'Rarity' is a completely subjective term. I see listings all the time with 'rare' and it's a coin with a mintage in the tens of millions, while others would argue that a truly rare piece would only have a handful of pieces known. One of the most frustrating things I encounter selling on ebay is people messaging and pontificating their views- It is unbelievable how many people feel they are entitled to criticize anything they perceive as not to their liking: Use of adjectives, grammar, quality of grading services, price listed at, color of background, ect., ect., ect. I have absolutely no issue with the use of 'rare' for this coin, nor would I have an issue with it for many scarce coins |
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Pillar of the Community
Canada
3234 Posts |
Nice tough variety ,..but this cent seems to be overpriced if going by trends and the grade of this cent.. It's not close to a VF20 and a VF 20 trends for ~$200 Canadian..and that's a lot to spend on a cent. If you're asking someone to spend nearly $500 Canadian to get a ~$150 cent.. I could see comments coming back to you.. Thanks okiecoiner... Quote: There are some ebay dealers (one in particular) that uses "extremely rare" for just about anything listed in trends for a premium, and they are mostly " doctored" coins. ... Now I did have a great chuckle over that phrase....and was also planning to add that somewhere someday....  |
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Pillar of the Community
Canada
1980 Posts |
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Pillar of the Community
Canada
3234 Posts |
Now that one is a real beauty...and so much higher in grade..
I would call that grade a "rare one" also..so tough in that grade..
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Pillar of the Community
United States
1949 Posts |
I'm going to push back a little on this... Quote:
If you're asking someone to spend nearly $500 Canadian to get a ~$150 cent.. I could see comments coming back to you..
(Not directed at you at all DEV, just going after the sentiment of the quote that I've seen quite a bit) I understand the sentiment. I like to buy coins as for as low a price as I can get. Not every coin I want will be available for what I think it should be sold for. I simply will not buy it. It seems there is an idea that some have that if a coin is not priced how they think it should be, they are entitled to send rude messages to people through ebay. If something is not priced how you want it, just don't buy!! Think of this analogy: There is a restaurant in your local town. You look at the menu and believe the prices are too high... I HIGHLY doubt any of these people who readily send ebay messages criticizing the way ebay sellers run their stores would have the moxie to walk into the restaurant and tell the owner that their prices were too high, their use of adjectives to describe their food are not precise enough, ect., ect., ect... |
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Pillar of the Community
United States
840 Posts |
Seeing I have ten of them, I would not necessarily
call them rare, just popular and collectable.
What I would call rare are the Haxby varieties I do
not have.
doug
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Valued Member
Canada
491 Posts |
JDRMCB I'm the one who early this morning sent you and e-mail on the use of RARE you used in your listing. I'm glad to see and you are the first that I know of who has taken the time to reach out for help. I contacted you to help you and the CCF is a great place to get information from collectors who have been at this for many years and know the variety's. I will state again your coin is not RARE
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Valued Member
Canada
491 Posts |
JDRMCB in the end the market will tell you what your coin will sell for not you or a book or Trends just keep and open mind to this
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Pillar of the Community
Canada
5585 Posts |
Doug: Let me know what you need in plain English via PM. I do not understand the Haxby numbers. Just give me the markers and type of variety. I still have well over 1000 '59's despite getting rid of a few hundred.
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Pillar of the Community
Canada
1442 Posts |
"The only time I ever use the word "rare" is when I am ordering my steak"  DP9-3 is NOT RARE. I have about 20-25 of these. In my experience, scarcity goes something like this: DP9-1 (most common) > DP9-2 > DP9-3 > DP9-5 > TP9 > 9/6 > DP9-4 My numbers: 20-25: DP9-3 8-12: DP9-5, 9/6-1, TP9 < 5: DP9-4, 9/6-2 Good luck finding a nice TRUE DP9-4. Charlton butchered that variety with a terrible picture that they keep recycling year after year (the one where crud hides the 5/5), and both ICCS and PCGS ROUTINELY mis-attribute other more common 9/9s to DP9-4. There was a PCGS MS64 in recent Torex that was a FALSE DP9-4, I believe it's sitting on the Canadian Coin Currency website as well.  Edited by canadian-varieties
11/11/2015 02:43 am
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Pillar of the Community
Canada
1442 Posts |
Back to the question at hand:
I've picked off many DP9-3s in F condition for $50-$80. VFs can be had for $100-$200. EFs for $300-$400. They get very difficult at AU+ however and thats where the price should go parabolic.
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Replies: 35 / Views: 6,753 |
Posted 11/10/2015 12:36 pm
