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Looking To Sell An 1880 Newfoundland $2 Gold Coin AU-58

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New Member

United States
5 Posts
 Posted 01/14/2018  10:35 pm Show Profile   Bookmark this topic Add CFA1379 to your friends list Get a Link to this Message Number of Subscribers
Hello all,
I'm new to this forum, but it seemed like a good place to ask about the FMV value of my coin. I had it graded by NGC and it's cert number is 2774969-001
I had a heckuva time trying to figure out the image uploader, otherwise I would've put a picture on here...
I sell a good bit on ebay, would this be the best place to put it up for sale? And, what is the coin worth these days?
Thanks!
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spru's Avatar
United States
12477 Posts
 Posted 01/14/2018  10:51 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply


I can't put a specific value on it, but I probably wouldn't sell on ebay. It may deserve being consigned to auction with a company like Heritage Auctions.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
01/14/2018 10:52 pm
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trimble's Avatar
Canada
299 Posts
 Posted 01/14/2018  10:54 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
Hi! CCN trends say 3100 in AU-50 and 6500 in MS-60. Somewhere in between I guess!
Rest in Peace
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10197 Posts
 Posted 01/14/2018  11:25 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Review selling rules for here...50 post to purchase, 250 posts to sell, there is a reason...
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echizento's Avatar
United States
23731 Posts
 Posted 01/15/2018  12:15 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
You can not sell any of your coins here until you have the required posts. Please read the rules you agreed upon with you registered.
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westernsky's Avatar
United States
7614 Posts
 Posted 01/15/2018  12:43 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
You can do a couple of things:

1). Put it on ebay as a "Buy It Now" with a price that you think is fair.... probably somewhere between AU and Unc. You can also entertain "Best Offers". Maybe somebody can come close to what you want out of it.

2). Your other option is major auctions like Heritage or Great Collections.

There are advantages and disadvantages to whatever path you choose.

Good luck!
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Alpha2814's Avatar
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 Posted 01/15/2018  01:05 am  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
with WesternSky.
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Canada
5585 Posts
 Posted 01/15/2018  05:57 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Looking at the ebay "completed" auctions or any commercial auction such as Heritage is the only way that you are going to find out what you MIGHT be able to sell it for. There are none that have sold on ebay in the last few months. If the "book" value is around $5000, you might be able to get between $2700-$3000 for it. Then ebay & paypal will take their slice, so you would clear around $2000. I think Heritage or other major coin auction where you will have an audience of higher grade collectors and dealers. I'd stay away from TCNC and their auctions.
Edited by okiecoiner
01/15/2018 06:00 am
New Member
United States
5 Posts
 Posted 01/15/2018  06:44 am  Show Profile   Bookmark this reply Add CFA1379 to your friends list Get a Link to this Reply
Thank you for the replies, I appreciate it. And no, I wasn't trying to sell the coin here, just looking to get some advice on the value and the best means to sell it. I'm only a novice collector and I inherited this coin. Hadn't thought of HA, I'll reach out to them.
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moxking's Avatar
United States
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 Posted 01/15/2018  09:32 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
We look forward to your participation.
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jbuck's Avatar
United States
187851 Posts
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westernsky's Avatar
United States
7614 Posts
 Posted 01/15/2018  1:56 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
If you inherited it, and have nothing in it other than grading fees, then keep it and enjoy it for many years to come.

Once you sell it and have the money In-hand the money will go away pretty quick!

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United States
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 Posted 01/15/2018  5:37 pm  Show Profile   Bookmark this reply Add CFA1379 to your friends list Get a Link to this Reply
I know, I'm a little bit torn about it. However, I would use the funds towards a cabin I'm building for the family this year. It's a little easier to enjoy a lakeside camp together than a coin!
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Wade's Avatar
Canada
2781 Posts
 Posted 01/16/2018  12:46 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply

Quote:
It's a little easier to enjoy a lakeside camp together than a coin!


Family will enjoy the cabin regardless of how many $ you put in to it. A couple of bucks either way won't matter. But once that coin is gone... it's gone...

The coin doesn't take up much space, so unless you are starving to death I would suggest keeping it. Bring it out at Xmas, or on the late person's birthday / anniversary of their passing etc, and reminisce.

Guess it depends on how close you were to the person who left it to you. Chances are they had a lot of pride (if not money) invested in said item... Even if you don't appreciate it for what it is, perhaps one of your heirs might?
Edited by Wade
01/16/2018 12:47 am
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spru's Avatar
United States
12477 Posts
 Posted 01/16/2018  01:40 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
@CFA1379

Choose the option that is best for you and your situation/interests. "Keep or sell" advice is primarily dictated by the financial situation of the person giving the advice.

If the coin does end up going to auction, keep us advised! I wish for the best outcome.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
01/16/2018 01:45 am
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United States
5 Posts
 Posted 01/16/2018  06:22 am  Show Profile   Bookmark this reply Add CFA1379 to your friends list Get a Link to this Reply
Spruett,
Thank you that
Yes, for sure I'll post the info if I put it on the market. My great grandparents owned a general store in a tiny community in NFLD and this coin + an 1882 $2 piece were handed down from them. Keeping the '82 for sure for posterity, along with a bunch of other old NFLD coins, presumably from "the store" too.
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