| Author |
 Replies: 13 / Views: 1,839 |
|
|
New Member
United States
3 Posts |
Bought it on ebay for 6$ plus shipping, it has some light pitting but it looks much better in person. liberty is readable with wear only on the corner of the "L".   |
|
|
|
Bedrock of the Community
Australia
21786 Posts |
Not much of a coin, but definitely OK at $6 on ebay. I would have been happy to buy it at that price. Value for money has always been my prime motivation, not necessarily a coin that says 'buy me' in a much better condition, and thus a much higher price. |
|
Pillar of the Community
United States
3151 Posts |
I think you could have found a coin with less problems for not much more $
|
|
Pillar of the Community
United States
5825 Posts |
I would have waited, saved a bit more money and bought a problem-free coin.
One of my rules:
If you buy a coin with a problem, you'll always have a coin with a problem.
|
|
Bedrock of the Community
United States
94367 Posts |
  to the CCF! |
|
Pillar of the Community
United States
7503 Posts |
|
|
New Member
United States
18 Posts |
I'd agree with others. Certainly, you can't get "hurt" at $6, however a problem free low grade example could have been located for a small bit more. Rule of thumb. Stay away from corroded, bent, whizzed, cleaned, environmental damaged details/"genuine" labeled slab coins if purchasing them as an investment or if ever planning to sell down the road. You will get absolutely slaughtered in value. I posted one such return that I made on a $2,000 Book coin won for $300+ with some corrosion. Ultimately, I didn't accept it.
If your budget is smaller, take F2, AG3, non problem, original graded coins over nicer ones with listed problems.
|
|
Pillar of the Community
United States
3755 Posts |
I am of a different view. I have no problems buying a "problem" coin if the problem isn't major. I have seen many a coin with barely an issue get details grades. They are less than the same coin in the same grade and dont look bad. Provided you purchase well, you wont lose money in the future IF you purchase wisely. Cherry pick them.
To your question, no, 6 bucks was not a bad price on that.
|
|
Pillar of the Community
United States
1026 Posts |
Welcome aboard and congrats on your purchase. Nice to see you picking up a large cent.
|
|
New Member
 United States
3 Posts |
Thank you all for welcoming me! I'm not really collecting as a investment, so value is not of worry to me, I just wanted a large cent that I would be comfortable with sticking in my wallet and letting it be handled, and I think this will work nicely.
|
|
Moderator
 United States
15381 Posts |
to the CCF. Your motivations are appropriate for this damaged coin and the price you paid. Quote:
I just wanted a large cent that I would be comfortable with sticking in my wallet and letting it be handled, and I think this will work nicely. Take a look at my other hobby ... http://www.jk-dk.art |
|
Pillar of the Community
United States
7375 Posts |
Nice coin. Keep it in your pocket for a conversation piece.
|
|
Pillar of the Community
United States
6381 Posts |
This piece might look better and better the more you handle it. It will be fun to pull it from your pocket to show to people. $6 is reasonable for this pocket piece, so enjoy!
|
|
Moderator
United States
187446 Posts |
to the Community! |
| |
Replies: 13 / Views: 1,839 |
|
Posted 04/26/2020 01:26 am
