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Opinions On This Seated Dollar On Ebay

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Ploopy's Avatar
United States
1788 Posts
 Posted 03/20/2016  3:34 pm Show Profile   Bookmark this topic Add Ploopy to your friends list Get a Link to this Message Number of Subscribers
I need a Seated dollar for my type set, and I found this.

Does it look cleaned? I have it pegged at VG10 non-details

http://www.ebay.com/itm/1871-SEATED...AOSwyjBW6L4i

Thanks!
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billjones's Avatar
United States
1499 Posts
 Posted 03/20/2016  4:12 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
It all depends upon what your budget is. Using Gray Sheet numbers there is very little spread between VG and Fine, from $275 to $290. VF is $350 and EF is $425. AU, which I would classify as a nice coin if it's graded right, is $650. At $285, we are going toward the "all the money" category.

I think the coin is genuine. The trouble is the Chinese have made so many of these things that it gets scary. That's why I get back to certified coins. I know, I know. You are probably filling a Dansco Album and don't want a slabbed coin. A VF is supposed to have a complete "LIBERTY" and for a type coin I would find more desirable. But it also depends upon how nice the rest of your set is.

I'm not an auction fan. I have purchased most of coins in my collection from dealers, who looked me in the eye and told me what they wanted. I played, passed or on some occasions made counteroffers. I don't make tons of counteroffers because I don't want the reputation as a "cheapskate." And I generally know what things are worth. If you are too far apart on the price, it's not worth making useless gestures.

If it were me, I'd wait for something better, but my assets are admittedly more than many people.

This piece was in my type set for many years before I upgraded it. When I tired to get it graded, it came back as a "no grade" for artificial toning. As a dealer I sold it to another dealer for about $600 and landed squarely on my financial feet. I told the dealer exactly what it was so I was not not pulling the wool over anyone's eyes. He told me he was buying it for a customer with a raw type set who would not care about the retoning issue. Who knows?

That was over 10 years ago, but things have not changed that much on these coins in the circualted grades. I'm just saying raw coins can be a hastle.

Opinions-On-This-Seated-Dollar-On-Ebay Opinions-On-This-Seated-Dollar-On-Ebay
Edited by billjones
03/20/2016 4:53 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 03/20/2016  4:41 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
F-12. Looks authentic to me. Like Bill said, the bidding is already nearing full retail for this coin.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/20/2016  4:50 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Looks legit, better reverse than obverse, VG-10. Reverse appears much darker than the obverse - possible old cleaning here.
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billjones's Avatar
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1499 Posts
 Posted 03/20/2016  4:54 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply

Quote:
Looks legit, better reverse than obverse, VG-10. Reverse appears much darker than the obverse - possible old cleaning here.


The obverse generally sets the tone for the grade of the coin. The reverse comes along for the ride unless it's messed up, then it's a negative.
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thq's Avatar
United States
3343 Posts
 Posted 03/20/2016  5:17 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
It could go F12. Nice color & doesn't look cleaned. Not a bargain and a common date though.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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GR58's Avatar
United States
11951 Posts
 Posted 03/20/2016  6:35 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I agree that this Von could go F 12.

I feel the bidding will go over $300
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orchard53's Avatar
United States
20 Posts
 Posted 03/20/2016  6:59 pm  Show Profile   Bookmark this reply Add orchard53 to your friends list Get a Link to this Reply
Compared to the others available, seems too high a price to me. Looking to fill my type set as well.
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Ploopy's Avatar
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1788 Posts
 Posted 03/20/2016  7:19 pm  Show Profile   Bookmark this reply Add Ploopy to your friends list Get a Link to this Reply
Alright thanks everyone!

This is the first one I've found on ebay in a while that is uncleaned and in my price range though. Looks like I shall search some more!

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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/20/2016  7:22 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Just cannot understand a grade of Fine with only 3 letters visible.
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moxking's Avatar
United States
17900 Posts
 Posted 03/20/2016  7:26 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
It's been dipped enough that all the natural color has left and then retoned at least once. It is just to "dull" with the addition of the Halo Effect around the devices in comparison to the design elements. A definite details coin.

VG, but as has already been mentioned, its not a lot more to climb to a better grade. I'd pass on this one.
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paralyse's Avatar
United States
12057 Posts
 Posted 03/20/2016  10:32 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
with the others -- if you can delay your spending for a few months and put away a few dollars more a month you can afford a much nicer coin without having to eat ramen noodles and sleep in a box. :)
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Joe2007's Avatar
United States
3843 Posts
 Posted 03/20/2016  10:37 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Looks like somebody won it for $280. Not a steal but not bad either.
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thq's Avatar
United States
3343 Posts
 Posted 03/20/2016  11:01 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
@coinfrog 3 letters gets a fine on a Seated dollar. It's been that way for at least a decade.

http://coins.ha.com/itm/seated-doll...bnail-071515
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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GR58's Avatar
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11951 Posts
 Posted 03/20/2016  11:26 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Graders are not using LIBERTY to grade coins, like they
use to.

In March 2016 Coin World there is a good article on grading
Seated dollars. They mention, LIBERTY should not be used as
a primary grading requirement. Due to inconsistencies in
strike among different years and mints.

In the article even the VF 25 does not have a full LIBERTY.
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thq's Avatar
United States
3343 Posts
 Posted 03/20/2016  11:41 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I was really surprised at how much the prices of Seated dollars have inflated, both on dealer sites and ebay. The best deal I could find was this F12 slab at Berk.

http://www.hjbltd.com/common/detail...dLink&page=2
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
03/20/2016 11:43 pm
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