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 Replies: 26 / Views: 2,898 |
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New Member
United States
16 Posts |
I really like this coin but am not willing to pony up 17 Grand plus for a graded MS60 or up. What I'm looking for is a cleaned or damaged coin with great features and little wear but not "collectable". Heritage has this coin; https://coins.ha.com/itm/high-relie...-dailystatus I'm kind of a Newb so is this a prospect ? Any idea what this would go for ? Also I'm confused as to how PCGS would value this coin per their tables. Does this fall into their 1 to 70 tables and if so where ? Thanks |
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Pillar of the Community
United States
4469 Posts |
Go to NGC site under coin explorer you can find all the details coins sold at major auctions for your coin. In coin explorer check under AU 50 and all the detail coins will be listed in AU 50. In the past three years the AU details have sold from $6400 to $9400. You need to do your homework and look at all the coins that have sold and put a value on the Heritage coin that you are willing to pay and bid accordingly.
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Pillar of the Community
United States
4469 Posts |
You are taking on a major purchase and you will have difficulty in finding an example for under 5K. I would not recommend this coin for a Newb as when you are ready to buy this coin you should have very few questions. You need to understand how a detail coin is impacted in the marketplace as all problem coins are not the same.
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Pillar of the Community
United States
3343 Posts |
APMEX has cleaned Saints for $1406 on the bay BIN. You take your chances but you're paying pretty close to bullion price. And they're a reliable dealer, not some midnight mystery dealer.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
968 Posts |
I'd take a lower grade problem free coin over a high grade one with details. Can you tell us what your upper price limit is? That might help us focus in on the best options for you.
Thq, He wants a high relief 1907 though. The prices you are quoting are for common dates. Also, you can get AU to low MS problem free coins for $1400-1500 pretty easily these days.
Edited by Saruma
09/02/2016 10:52 pm
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Bedrock of the Community
United States
10982 Posts |
Would you consider $12,000 for an AU55? I'd throw them a $10k offer and see what they say. http://www.brokencc.com/modules.php...od_id=149820I wouldn't buy a damaged one if I were you but a lightly cleaned piece could be found well under $10k if you keep searching. |
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Valued Member
United States
294 Posts |
Please, do lots of homework before you unknowingly plunge into such an expensive damaged coin. Why do you not want a nice, problem-free example of this beautiful type? This is not a rare coin, and you can certainly take your time in both learning more about it, as well as being patient for a decent problem-free coin. Before you buy, always give thought to whether someone else would buy this coin from you down the line.
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Pillar of the Community
United States
5825 Posts |
I personally would NOT buy a GENUINE or DETAILS coin, particularly one that will cost you a bunch. Quote:
Would you consider $12,000 for an AU55? I'd throw them a $10k offer and see what they say. If you could get that coin for 10k it would be a tremendous purchase. Actually I consider the asking price quite fair. My AU-50 cost me $11,500. |
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New Member
 United States
16 Posts |
Hey thanks for the replys !
When I searched heritage before, coins like this were from 7K and up.
I was hoping to score this coin for about the same.
This particular coin has no grading AFAIK just "AU details" no mention of numbers such as 50 or 55.
Yes I ALWAYS think about the resale before buying.
My small (12) St Gaudens collection started years ago when they were $350 or so from a mail order retailer.
I thought they were Perfect !
Then had them graded...
Good coins but all AU50 or so in the larger population dates.
Edited by lightguy
09/03/2016 4:06 pm
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Pillar of the Community
United States
968 Posts |
I think if any of use could have seen into the future in the early 2000s we would have poured out money into gold coins! Glad to hear you got a bunch of them at the old price. AU is a grade, but not a number grade. That is what happens with details coins. It is the TPG saying this coin falls generally into the AU range but it has problems so we won't go beyond this. The thing about AU coins is that they do look nearly perfect until you take a close look. For me at least, I find that if I can see noticeable wear from just a brief glance at the coin then it is XF or lower. AU normally takes a more serious look, often with a loop, to see the wear. |
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Bedrock of the Community
United States
94367 Posts |
I don't recall a stranger request in all my time on this forum - I want to buy a dog example and will pay well for it. Can this be right?  |
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New Member
United States
16 Posts |
What kind of a dog? I collect many things (not coins) and am quite knowledgeable about those fields. Guns, pinball machines (of all things), sports cars, movie posters. I am quite knowledgeable in those fields and always helpful when someone asks a question in other forums. Apparently that's beneath you. Thanks for your indepth contribution to the topic anyhow.  Edited by lightguy
09/03/2016 10:39 pm
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Pillar of the Community
United States
4469 Posts |
I would normally never consider a details coin, but given the cost of a 1907 HR, I would have to give a details coin serious consideration simply because of the cost difference. A problem free example in AU 50 retails at 12K and a AU58 at 15K. If I was going to buy a details coin, I would look for an example in a PCGS or NGC holder that has been lightly cleaned and would grade 55 or 58, and you should be able to find this example for around $7500. PCGS or NGC does not put number grades on their detail coins, so you would have to grade the coin yourself.
The safe way to buy this coin is to buy a problem free AU example and get a second opinion from an expert before making the purchase.
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Bedrock of the Community
United States
94367 Posts |
lightguy - Sorry, no offense intended. Poor choice of words. I'm sure you collect many things, as I do. I was simply surprised that any experienced collector would want to shell out $7K+ for something that is (in your own words) "not collectible".  Edited by Coinfrog
09/04/2016 5:11 pm
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Pillar of the Community
United States
1450 Posts |
I think the Frog was trying to warn you off of buying a details coin that is going to cost you $7000. You know you could get a 1908-S which is a pretty scarce coin in perfect condition for an AU55 for about the same price you will pay for a damaged coin. It seems like a White Elephant coin to buy one that has been cleaned and has details. He can Rivet for himself, of course.
Since you are a gun collector what do you think of Remington 870 Marine Magnum? I live in Florida where it is humid as heck. It is not antique for sure. I have a Mossberg and the difference in quality of the two guns is obvious to me.
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New Member
United States
16 Posts |
Tery8835; My expertise is more in "Evil black rifles" and machineguns.
I also have an extensive Detonics .45 pistol collection. Some very rare stuff.
The Marine magnum looks exactly what I would buy when I retire and start sailing.
I have this "thing" about that high relief coin.
To Slider23; thats exactly the type of coin I'm looking for but don't know enough about them which is why I came here.
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Replies: 26 / Views: 2,898 |
Posted 09/02/2016 9:52 pm
