| Author |
 Replies: 17 / Views: 2,130 |
|
Valued Member
United States
295 Posts |
A few months ago I was at my local coin shop and got first peek at a new collection they had just purchased. I found and 1881 Shield nickel grading a solid AU-55. I decided that I would like it but wanted it slabbed and told the owner I would pay for the cost. Well it finally came back PCGS AU-55. I am wondering what peoples opinions are on a good solid price I should pay. Is it acceptable to ask the dealer what they originally paid? Thanks for any help! |
|
|
|
Pillar of the Community
United States
1130 Posts |
About 600+ for AU55. (Greysheet Ask)
Edited by 1sikevo
09/12/2008 1:30 pm
|
|
Pillar of the Community
United States
6381 Posts |
Heritage has sold only 5 no-problem AU 1881 nickels since 2006. An NGC AU-53 coin went for $920 in June, 2008, while a higher-grade NGC AU-58 only went for $690 in February. A PCGS AU-53 also brought $920 in November, 2007. The PCGS Price Guide shows $700 for EF-40 and $1200 for MS-60. They don't list any values for AU.
If you can get this coin for $600 I'd say you did really well. If you really like this particular specimen you should probably be prepared to go up another couple hundred.
Please post a photo if you can!
|
|
Pillar of the Community
United States
1415 Posts |
I think you will be north of 600.
Good luck
Don't ask what he paid - quite uncool
|
|
Pillar of the Community
United States
812 Posts |
I agree that $600 would be pretty unlikely. Most dealers sell at retail prices, and BUY at wholesale (Greysheet) prices. I'd be surprised if he'd sell it for less than $750, and wouldn't be shocked if he wants $900+.
It wouldn't hurt to offer $600, but don't get your hopes up.
Edited by Bilbo
09/12/2008 2:04 pm
|
|
Pillar of the Community
United States
1130 Posts |
I guess I'm just used to paying Greysheet prices for my coins  |
|
Pillar of the Community
United States
812 Posts |
That's a great thing to be used to!
Are you a dealer, good friends with a dealer, a shrewd businessman, only purchase coins that are being offered at wholesale, or something else?
|
|
Valued Member
 United States
295 Posts |
I called the shop just now and the owner will not be there till monday morning at 8:oo am. They dont open till 10:00 so I am hoping to get there before they open to discuss price. I was thinking about 600$ would be nice.
|
|
Pillar of the Community
United States
1415 Posts |
Sounds like a plan. Note you could ask him how much he wants for it first. But I think you be okay. Offer $600 - but watch him closely when ya do. He will probably counter offer, but you may get an inkling as to his flexibility. Good luck and let us know how it goes - VIDEO TAPE  |
|
Pillar of the Community
United States
1130 Posts |
Quote:
Are you a dealer, good friends with a dealer, a shrewd businessman, only purchase coins that are being offered at wholesale, or something else?
Good customer with the biggest wholesale dealer in the state. Wholesale prices, good inventory and 30 day return policy... What more can you ask ?  |
|
Valued Member
United States
295 Posts |
The price on the back is 690$ but that is not what I want to pay!
|
|
Pillar of the Community
United States
1130 Posts |
Go halfway between 690 and 600 and you've made a good deal, IMO.
|
|
Pillar of the Community
United States
2443 Posts |
I remember seeing an 1881 AU55 or AU58 in an NGC slab for $900+. If you can get it for $600, think I think your getting a great deal.
|
|
Valued Member
United States
295 Posts |
|
|
Moderator
 United States
187702 Posts |
Overall it looks great!  Not sure about that second 8 in the date. I would think that if it was anything suspicious, PCGS would have bagged it. Very odd! |
|
Valued Member
United States
295 Posts |
I thought greased or filled die.
|
| |
Replies: 17 / Views: 2,130 |
Posted 09/12/2008 12:19 pm
