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Seated Liberty In AU-58, Keep Or Sell?

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Coinwhiz1776's Avatar
United States
100 Posts
 Posted 06/26/2008  9:51 pm Show Profile   Bookmark this topic Add Coinwhiz1776 to your friends list Get a Link to this Message Number of Subscribers
I came by an 1858 O Seated Liberty quite awhile back. The previous owner had the coin graded and it came back as an AU-58. Can somebody please tell me the value of this coin, because it really is a beauty. I didn't really pay that much for it though. I think it sat in the coin shop so long that the guy forgot to update the price. I paid about $50 for it.
Do you tihnk I made a good deal? Also, would you please give me your opinion on if you would keep it or sell it? Thanks a lot.
Valued Member
mfry's Avatar
United States
157 Posts
 Posted 06/26/2008  9:57 pm  Show Profile   Bookmark this reply Add mfry to your friends list Get a Link to this Reply
Show us a picture of it, and then let us make a determination.
Pillar of the Community
TLS5933's Avatar
United States
1703 Posts
 Posted 06/26/2008  10:09 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Coinwhiz,
A lot depends on the denomination and what grading service was used.
If you could post a picture it would help.
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Coinwhiz1776's Avatar
United States
100 Posts
 Posted 06/26/2008  10:09 pm  Show Profile   Bookmark this reply Add Coinwhiz1776 to your friends list Get a Link to this Reply
Here, let me scan it.
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Coinwhiz1776's Avatar
United States
100 Posts
 Posted 06/26/2008  10:19 pm  Show Profile   Bookmark this reply Add Coinwhiz1776 to your friends list Get a Link to this Reply
Obverse:
Seated-Liberty-In-AU-58,-Keep-Or-Sell?

Reverse:
Seated-Liberty-In-AU-58,-Keep-Or-Sell?

I believe that the company that graded the coin was PCGS. I'm not sure though.
Valued Member
DeathJr's Avatar
United States
230 Posts
 Posted 06/26/2008  10:43 pm  Show Profile   Bookmark this reply Add DeathJr to your friends list Get a Link to this Reply
I'd say check prices if you can make a %25 profit, then yeah sell it, if you can't then... save it. Just my 2 cents, I had 5 walkers and paid 12 for the lot and I wanted to keep them but after seeing them go for 6-8 a peice I sold them and made 31 bucks off of them. Ten to one I only sell what I get doubles of and keep the higher grade, only reason as stated is I by rolls and not individuals
Edited by DeathJr
06/26/2008 10:44 pm
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ziggy9's Avatar
United States
499 Posts
 Posted 06/27/2008  07:35 am  Show Profile   Bookmark this reply Add ziggy9 to your friends list Get a Link to this Reply
If it was graded by PCGS why is it in a 2x2?
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eaglefoot's Avatar
United States
6326 Posts
 Posted 06/27/2008  08:29 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
If it was graded by PCGS why is it in a 2x2?



But, I wouldn't sell this coin.....it's nice enough to just keep it....and your not talking about a whole lot of money here so.....
Why someone would "de-value" this particular coin and "crack it from the slab" so to speak.....is beyond me too. Nobody's ever likely to send this coin back for grading so.......well I guess some would because somebody did supposedly right ?...
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Bilbo's Avatar
United States
812 Posts
 Posted 06/27/2008  09:28 am  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
An 1858-O Seated Half in AU-58 retails around $275-350 and wholesales around $200-250.

Nice buy for $50!
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Coinwhiz1776's Avatar
United States
100 Posts
 Posted 06/27/2008  11:11 am  Show Profile   Bookmark this reply Add Coinwhiz1776 to your friends list Get a Link to this Reply
Okay, after what I am hearing I think I will keep it. And as to the fact that it was in a 2x2, the guy could have been lying. I'm not very good at this yet.
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TLS5933's Avatar
United States
1703 Posts
 Posted 06/27/2008  12:48 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Yep,People rarely have a coin certified by PCGS and then pop the coin out of the slab and put it back into a flip.That would be an expensive proposition.

It's a great looking Seated Half though.
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Coinwhiz1776's Avatar
United States
100 Posts
 Posted 06/27/2008  12:52 pm  Show Profile   Bookmark this reply Add Coinwhiz1776 to your friends list Get a Link to this Reply

Quote:
Yep,People rarely have a coin certified by PCGS and then pop the coin out of the slab and put it back into a flip.That would be an expensive proposition.

It's a great looking Seated Half though.


Thank you! :)
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Amazon99's Avatar
United States
2443 Posts
 Posted 06/27/2008  6:43 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
I think it was a good deal and it looks like a great coin. No way would I sell it.
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DeathJr's Avatar
United States
230 Posts
 Posted 06/29/2008  12:50 am  Show Profile   Bookmark this reply Add DeathJr to your friends list Get a Link to this Reply
i have an idea on the 2x2, I had a 1922-d Peace dollar graded and it fell off my dresser and hit the ground and cracked the crack as so bad it was a through and through so instead of having air get to it I poped it in an air tight might of happenef with the seated you have
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