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A Common Date Seated Dollar Graded F-15 Offered For $16,005

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MikeF's Avatar
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 Posted 02/17/2019  06:05 am Show Profile   Bookmark this topic Add MikeF to your friends list Get a Link to this Message Number of Subscribers
https://www.sarasotanumismatics.com...otto-gs.html

Is a holder worth that much to someone?
Edited by MikeF
02/17/2019 06:25 am
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Keith67's Avatar
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 Posted 02/17/2019  06:34 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
The bad thing is. Someone will buy it
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basebal21's Avatar
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 Posted 02/17/2019  06:42 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Obviously a softpack GSA with a Seated dollar is unusual. There's very likely going to be a substantial premium, even if that price is optimistic
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MikeF's Avatar
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 Posted 02/17/2019  08:28 am  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Sorry but $15,700 for a holder is beyond optimistic. That's looney tune land.
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Edited by MikeF
02/17/2019 08:31 am
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basebal21's Avatar
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 Posted 02/17/2019  08:33 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
There are holders that bring thousands of dollars in premiums
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Coinfrog's Avatar
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 Posted 02/17/2019  09:51 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Must be something better to buy with that kind of money.
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dave700x's Avatar
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 Posted 02/17/2019  10:20 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
According to NGC Seated dollars in GSA soft packs are very rare and I'll bet someone with deep pocket collecting interests will scoop this one up. Maybe not for the advertised price but I'll bet it will be a substantial premium.
https://www.NGCcoin.com/news/articl...erty-Dollar/
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T-BOP's Avatar
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 Posted 02/17/2019  1:13 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
And again ; Buy the coin ,not the holder !
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Wornslick's Avatar
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 Posted 02/17/2019  3:24 pm  Show Profile   Bookmark this reply Add Wornslick to your friends list Get a Link to this Reply
I was watching that one when they posted it on their website, listed as F15, pics coming soon! I thought cool, thats in my price range. I about fell out of my chair when I saw the price!
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jimbucks's Avatar
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 Posted 02/17/2019  3:35 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I bet the dealer paid less than $300 for the thing. In my opinion, that's all it is worth.
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thq's Avatar
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 Posted 02/17/2019  4:42 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
What a grubby looking thing. No letters in Liberty. The scratches around UNI on the reverse look like graffiti. The only positive things are that it doesn't look cleaned and it comes in a special baggie.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
02/17/2019 4:45 pm
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jimbucks's Avatar
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 Posted 02/17/2019  5:06 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply

Quote:
and it comes in a special baggie


A-Common-Date-Seated-Dollar-Graded-F-15-Offered-For-$16,005
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SilverDollar2017's Avatar
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8715 Posts
 Posted 02/17/2019  8:41 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
$16,005.00 is pretty expensive for a holder.
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westcoin's Avatar
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9792 Posts
 Posted 02/18/2019  02:53 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Out of all the GSA dollars released in the soft packs, there are known to be under 10 - somewhere in the single digit number, that alone is worth a bunch to a collector, maybe $3-5K alone, I personally don't think the holder is worth that much, yet it is a very cool and historically rare coin with a known pedigree so who knows what it's true worth is? THe only way would be to put it up at a big auction and see. I'd guess this coin would bring in around $7-8K at auction.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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Conder101's Avatar
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17884 Posts
 Posted 02/18/2019  03:31 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I've known about the 1864 GSA dollar for a LONG time and I have never heard of another GSA Seated dollar until now. I know the 1864 sold for thousands about 8 to 10 years ago. Yes it is worth a BIG premium over that of just a common Seated dollar, but I think 16K is a little optimistic. I could see it going for 4 to 6 thousand though.
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kbbpll's Avatar
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4233 Posts
 Posted 02/18/2019  12:52 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
I wonder how a TPG authenticates these. It's just a cheap plastic token and some shrink wrap. Seems like it would be pretty easy to counterfeit the packaging and turn a real $400 coin into $4000+. Heck, you could just cut a real token out of a cheaper one, and then all you have to do is duplicate the shrink wrap.
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