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 Replies: 20 / Views: 1,928 |
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Valued Member
United States
51 Posts |
Hi! I'm really new to this site, so if I make some mistakes, I'm really sorry, I'm not totally sure how this works still! Here I have 3 really old halves: 1826 1856 O 1876 All have holes/plugged holes. I'm trying to sell them and I was wondering if you could give me an estimate on the grade and value of these coins?   |
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Bedrock of the Community
United States
36744 Posts |
All are culls worth slightly more than melt.
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Pillar of the Community
United States
4692 Posts |
I don't think these are worth anything more than melt. Surprised they have escaped the scrap bucket this long.
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Valued Member
 United States
51 Posts |
Really? I didn't think that holed coins were that bad for value. I would have thought that because they were in very good condition, they still would have retained some value. Is that not the case?
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Pillar of the Community
 United States
2843 Posts |
Quote:
All are culls worth slightly more than melt. Quote:
I don't think these are worth anything more than melt. Surprised they have escaped the scrap bucket this long. Please understand that the numismatic purist in these members is not allowing them to see the "value" in these coins. Check on ebay. Use the word holed in the search and you should find sold listings of similar caliber. People DO buy these on ebay so they DO have value. |
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Bedrock of the Community
United States
11881 Posts |
The bay shows that a 1856-O 50c with a hole sold for $20 and it wasn't as nice as yours. Just a data point.
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Bedrock of the Community
United States
10038 Posts |
By all means check ebay! While these are not perfect coins, they have the historic value and a lot of poeple will pay for one of these as a filler until they can afford something without a hole. The dated ones, specifically, should bring in better than melt value. I see the attitude towards older damaged coins, in this decent of a non-worn condition (well - two of them), to be yet another bad influence from the slabbing industries. Some people are under the very bad misconception (not saying the specific members who posted above are), that if it would not get a decent grade and label in a slab, then its not worth anything but melt. This is a problem when commercialization enters a hobby. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
United States
51 Posts |
@Big Silver Thank you for the advice! I have had some success selling on ebay in the past. It seems as though that would be my best bet for these kind of coins? |
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Valued Member
United States
51 Posts |
That makes sense, I can see that to professionals looking for slabbed coins, these wouldn't really have any value. But for others, it seems like these could make for nice hole fillers.
I personally really liked the 1826, I've never seen a perfect one, but when I got this one, the details seemed to be quite remarkable aside from the hole and dent!
Is it just me, or is the reverse of the 1826 kind of off-centered?
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Bedrock of the Community
United States
10038 Posts |
Its not just professionals though who are collecting slabs. Slabs can be a fun way to enjoy the hobby, but unfortunately people who have grown up with the internet and ebay have come to see slabs as just a natural, integral, and important part of the coin collecting hobby. While I always urge people to enjoy a hobby the way they find is most fun for them (definition of what a hobby should be) - as an old timer in the hobby I don't like how marketing has made a generation of collectors who do not realize slabbing is far from essential and is just a commercialized service. Overall it has done a lot of harm to the hobby such as in the very way we see here in your thread. Forget the history of each piece, forget the amazing design - melt it b/c its not slab worthy! Sad. Anyway - let me also say the facts are the slabbing companies do offer services which can help some enjoy the hobby. Some people like the look of certain special labels (which are charged more for putting them in the slab but look nice), some people like to make a set all of one grade, etc. Its all about how a person wants to collect. Just be well informed and always ... buy the coin and not the slab. |
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Pillar of the Community
United States
3843 Posts |
Just my opinion
1856-O VF-30 Details, holed. Possibly worth $20-25 to a budget conscious collector.
1826 F-15 Details, holed and filed. Possibly worth $20-25 to a budget conscious collector.
1876 F-Details, holed, cleaned, and ugly. Worth melt.
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Bedrock of the Community
United States
10982 Posts |
I agree with Joe2007. Best case on ebay the three coins bring $50 retail. Back out your fees/shipping and you net $40. That is a best case. You have to be prepared to take $20 or $30 for the group becuase that is closer to their real value. |
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Valued Member
United States
51 Posts |
That's unfortunate. I'll probably just hold on to them then because I find them more valuable to myself I think!
Thanks for your help though, one day I hope to be able to afford these coins without the holes!
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Pillar of the Community
United States
1005 Posts |
You are right, bull chaser. To many people that only see value in high end coins, any kind of problem on silver, no matter how old or scarce, relegates it to being worth only "melt". This view is incorrect, and could result in historical coins literally being melted if people ignore the fact that many collectors never get to collect these beautiful early series due to scarcity and cost. These coins have so much more value than their silver and we are responsible for preserving the coins that are left for posterity.
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Pillar of the Community
United States
8715 Posts |
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Pillar of the Community
United States
8516 Posts |
How much did you pay for them ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Replies: 20 / Views: 1,928 |
Posted 03/05/2019 3:24 pm
