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 Replies: 9 / Views: 3,440 |
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New Member
United States
4 Posts |
Hello everyone. Was wondering if someone could help me out....... I have a chance to purchase a 2001 P $1 Buffalo Silver Dollar NGC PF70 signed by Mike Castle. The cost is $325.00. Is this a reasonable price for this coin? I seen a few on ebay sell for $400+ so I assuming that $325 is reasonable? I understand the face-value is only $1, but PF70 by NCG are pretty rare.I also know the Buffalo Silver Dollar is a very popular coin. I love the design of this coin and see why is so popular, but fairly new at investing in coins and mostly own silver bullion and some gold bullion. Is this a reasonable price? Thanks for any advice, -Fireman |
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Rest in Peace
United States
17900 Posts |
$200, or less, but without signature. Signature isn't going to get any great reward as most collectors don't collect the pieces of paper. They collect the coin. Check ebay sold for tons of them. |
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Moderator
 United States
56855 Posts |
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New Member
 United States
4 Posts |
Thank you for the replies. I understand that ebay has a bunch of PF69s for under $100 but the item I want to buy if a PF70 Ultra Cameo graded by NGC. After searching around they do seem a bit rare and seen one sell on ebay for $398.00. I looked at NGC population for NGC and PCGS graded PF70s and it was extremely low, I tink it was under 150 proofs coins graded 70, while the PF69 was a few thousand. Decisions,decisions... -Fireman |
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Moderator
United States
56855 Posts |
Time to start haggling if you want it. Offer $200 for a starter. John1  |
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Bedrock of the Community
United States
94367 Posts |
  to the CCF! |
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Pillar of the Community
United States
4233 Posts |
You could search Heritage for "2001-P buffalo dollar 70", sort by Most Recent Sales. You'll need a free login to see prices, which seem to have steadily dropped over time. I don't see any with that specific signature, but to me it wouldn't add any value. Just judging by what I see there, it looks like $250-275 would be a fair price range to settle on. About 140 PF70s pop up on Heritage, but who knows how many are resales.
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Pillar of the Community
United States
2023 Posts |
The difference between 69 and 70 is also sometimes hard to distinguish, even if you have the coin in hand. It's more important that the coin not have spots or toning which can drastically affect the eye appeal. In some cases, a coin can be graded as 70 but still get fingerprints or scratches during the handling process.
If you can examine the coin in hand, look closely. If you have only online images to review, look even more closely. If the pictures are bad they may be hiding something (blurry, light reflection over a spot or scratch). If there are no pictures or only a stock image (i.e. not the actual coin you would receive) proceed with caution and pass completely if the seller does not offer a return.
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New Member
United States
4 Posts |
Thanks again for the replies. "About 140 PF70s pop up on Heritage, but who knows how many are resales" Thanks for the link....didn't know about Heritage Auctions. Cool site. Of the total of 145 results during the search, a lot of these are old auction dates and can only count 4 auctions within the last 5 years if I am reading it correctly.Out of the total of 273,000 proofs that came out the Phili Mint, only 1797 have been graded PF70 by NGC or PCGS (according to NGC website). Is this low? I have no idea of what would be considered low for mintages on any coin. Is there a threshold that would be considered low-mintage for American coins. I recently bought a few Silver Eagle Head proof coins for the RCM and the total mintage was 5500. Now to me, that seems low. But what do I know, this is all new to me! |
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New Member
United States
4 Posts |
These are the two coins I could buy. $525 for both. Or if I want I can buy individually. Regardless of what I do, is it beneficial to own both coins? They seem like a set?   |
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Replies: 9 / Views: 3,440 |
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Posted 05/13/2018 08:07 am
