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 Replies: 18 / Views: 3,928 |
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Pillar of the Community
United States
1370 Posts |
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Pillar of the Community
United States
1326 Posts |
I think it's overpriced. I say be patient and don't be afraid to buy a raw coin.
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Pillar of the Community
7234 Posts |
418,000 minted. But I agree about overpriced. You can probably get a G-04 for that money if you are really after one. I always shy away from sellers with blurry photos.
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Pillar of the Community
 United States
1370 Posts |
The auction results I've seen for a G4 for this coin in a PCGS holder have been around $125....I'm probably just losing patience though. Been after one for about 3 years thats been priced right combined with decent eye appeal. Would prefer one with more meat.
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Pillar of the Community
7234 Posts |
Quote:
G4 for this coin in a PCGS holder have been around $125 I wasn't talking a slabbed coin. It's definitely your choice to pay more for a graded coin. Seems like anything above G-04 gets pricey real quick - raw or slabbed. Edited by Mark1959
09/20/2017 11:10 am
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Moderator
 United States
23522 Posts |
I don't think the price is terrible (especially if the seller accepts an offer) if it is, in fact, a decent original planchet without problems. The examples you find at lesser prices are....lesser examples. There's just no telling from those pics.
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Pillar of the Community
United States
1211 Posts |
Having that specific coin in a slab is a waste and adds no value, IMO. Do not buy this coin just because it is slabbed. It is in the bare minimum range for being an acceptable coin. It is a beginner coin for sure. I would pay $50 if I needed one for my copper collection. Personally, I think you can get a slightly worse one for a better price ($30) or look to spend around $100 for a slightly nicer one.
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Pillar of the Community
United States
1370 Posts |
I'm not really caught up with it being in a slab, I mainly want a smooth planchet. Most raw coins I see are pitted and overgraded (per the seller/dealer). I am going to a show in a couple weeks maybe I can get lucky
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Rest in Peace
United States
17900 Posts |
Good luck on your hunt. I have coins I've been seriously after for 15 years. I use a simple formula for deciding for a purchase on my want list.
If I absolutely love a coin, even if it's a bit above the average price, I grab it.
Then I'm always happy when I page through my collection because I've eliminated anything I don't love.
All you need is love...
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Pillar of the Community
United States
1370 Posts |
The more experienced I get the more I get that way moxking. My criteria right now is appeal for the grade and if it fits budget :). Starting to really dig in my collection to weed out the ones I don't "love"
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Bedrock of the Community
United States
94367 Posts |
Correction, all you need is love AND money.
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Pillar of the Community
United States
7375 Posts |
hahaha lol, I've been trying to buy that coin for a few days now, but lowball Eddie isn't getting very far. Maybe you'll have better luck.
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Bedrock of the Community
United States
17884 Posts |
If the planchet is actually smooth and problem free it is probably a decent deal, especially if you can get it a litle lower with an offer.
It is a S-293 and the image of the reverse makes me think that it may actually be a little better grade than what PCGS gave it. Unfortunately none of the obverse images are good enough for me to make a real determination. S-293 suffered from axially misaligned dies resulting in the upper left quadrant of the obv and the lower left on the reverse being weak or missing even on higher grade coins. If you don't take that into account you can mistake that for wear on lower grade coins instead of striking. The one reverse image looks to me like it could be a Good coin, not an AG, but the obv pictures are worthless for showing if there is any detail left.
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Pillar of the Community
 United States
2362 Posts |
I have a problem with the seller pictures because the quality of the planchet makes a huge difference in the value of the coin. This could be a good deal or a really bad deal. I have many of the classic large cents. The quality of the copper in those years was not good and often it sat under water at the bottom of ships coming to America. I must admit that I often compromise on some of the classic cents because a perfect planchet is so much more expensive than one with some minor issues that may get it a details grade. A couple of years ago I bought a perfect Liberty Cap 1796 Cent at a very high price and in the end was happy because that's what I wanted at that time. I've also bought many more cents in the Classic Cent category that weren't perfect and am also happy with them. So, what's my point? There are decisions I've made and you need to make so you are satisfied with the purchase.  Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith |
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Pillar of the Community
United States
1370 Posts |
I don't think he liked my offer....didn't even counter me haha
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Pillar of the Community
United States
7375 Posts |
haha lol, same here, and I made 2 offers :-)
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Replies: 18 / Views: 3,928 |
Posted 09/20/2017 10:58 am
