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 Replies: 23 / Views: 2,769 |
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Pillar of the Community
United States
3233 Posts |
Also, what do you think a dealer would buy the coin for?  Edited by Prethen
12/23/2020 10:52 am
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Bedrock of the Community
 United States
18630 Posts |
net VF20. reverse a little nicer at about VF25. old cleaning not sure if she would grade straight. imo it goes into a details slab
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Bedrock of the Community
United States
94367 Posts |
I'm at VF-20 sharpness as well, agree someone's had a bit of a go at this one, especially in the left obverse field.
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Pillar of the Community
United States
8938 Posts |
Quote:
Also, what do you think a dealer would buy the coin for? If this walked into the door of the shop I'd pay around $290 for it. I figure it's probably worth around $450 retail. Depending on what it is I generally offer 2/3 of sheet price which in this case is around $290. If it sells at $450 I'll only get around $400 after fees. |
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Pillar of the Community
United States
4680 Posts |
VF-25 if it straight grades. Not so confident that it does.
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Valued Member
United States
202 Posts |
VF25. Should straight grade. I feel like I've seen far worse 20 cent pieces make their way into straight grade holders. Dealer price of not more than $300 seems right
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Bedrock of the Community
United States
94367 Posts |
It surely ranks high on the list of ill-conceived, poorly-designed coins of the 19th century.
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Bedrock of the Community
United States
94367 Posts |
Hey, no one's perfect!  |
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Pillar of the Community
United States
6988 Posts |
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Pillar of the Community
United States
3622 Posts |
There is an old cleaning, but it appears to be market acceptable. The toning color is a bit yellowish because of the old cleaning.
It's VF, but the issue is details or straight grade. There is a blemish in the field east of Liberty, in the triangle between the second and third right stars and Liberty. If this is just discoloration, it straight grades. If it is a gouge, the coin is detailed. Based on wear alone, it could hit VF-25, but I'm leaning toward VF-20 here as an eye appeal adjustment if it straight grades.
With a straight grade and average eye appeal, a VF-20 or -25 would snag $350 or so. For this coin, I'm with @GrapeCollects, it's probably south of $300, and much lower if it is detailed.
Edited by fortcollins
12/24/2020 12:32 am
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Pillar of the Community
 United States
3233 Posts |
Now that the veil has been lifted on this coin. What would be the best way for me to sell this coin and what would be a realistic price I should expect? The coin in hand looks pretty decent. The blown up pictures make it look much worse, but then again...the problems still exist (especially when magnified). My biggest concern is that the coin holder acts as its own deterrent and flashes "massive discount here". Again, a discount is obviously deserved, but I'm hoping I don't have to give the coin away.  |
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Bedrock of the Community
United States
94367 Posts |
Sorry about that. Agree the holder dooms it. Pass the pliers.
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Pillar of the Community
United States
5177 Posts |
What does "tooled" mean in this case?
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Pillar of the Community
United States
6381 Posts |
The holder obviously gives a potential buyer leverage to push the price down. IMO this coin isn't badly impaired and agree it might have straight-graded. The PCGS judgment isn't holy writ. If it were mine and I wanted to sell I'd crack it and offer it as a raw VF with a possible old cleaning.
Dishonest? No, I'd say realistic.
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Pillar of the Community
United States
3233 Posts |
Under minor modification, you can see in the obverse left and right fields that someone has deliberately messed with the surfaces. It literally has been tooled/marked/scratched in those areas. I'm leaning towards breaking it out too, because I really think the holder will kill any realistic negotiation.
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Pillar of the Community
United States
4680 Posts |
I'd also say crack it. When selling post as many accurate pictures as necessary to give accurate representation of the surfaces, which will be much easier to accomplish out of the plastic. As Jaobler said, PCGS isn't the end all. I'm sure with a few differently angled shots you can get a decent feel for the surfaces on this one, let the buyer judge and decide.
Tooled, to me, is harsher sounding than cleaned or even altered surfaces. Will almost certainly bring a lot of lowball offers.
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Replies: 23 / Views: 2,769 |
Posted 12/23/2020 11:19 am
