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Seeking Advice On 1852 3c

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Pillar of the Community

Australia
1610 Posts
 Posted 03/09/2021  3:28 pm Show Profile   Bookmark this topic Add David Graham to your friends list Get a Link to this Message Number of Subscribers
Hi all,

Am looking at placing a bid on an 1852 3c silver coin. I have 2 questions:
A) The date doesn't look right. Is the coin genuine?
B) What would be a rough value? Numista says $30-40 yet ebay sold listing show much higher values.

Thanks for your help
Seeking-Advice-On-1852-3c
Seeking-Advice-On-1852-3c
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Ty2020b's Avatar
United States
4680 Posts
 Posted 03/09/2021  3:40 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
I'd say F Details, Scratches on this one. $40 sounds right for a straight grade, even closer to $50 for a nicer example. I'd cut that value almost in half for this one. Damaged and doesn't have that great of eye appeal IMO.

Date looks ok to me
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Australia
1610 Posts
 Posted 03/09/2021  3:59 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
Thanks Ty2020b.
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Classic Coins's Avatar
United States
940 Posts
 Posted 03/09/2021  4:31 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
Buyer's remorse would set in pretty quick for me if I bought this one, due to poor eye-appeal, as Ty2020b commented on.
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Rothery's Avatar
2145 Posts
 Posted 03/09/2021  5:07 pm  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply
For some reason the 3¢ Silvers usually are overbid on ebay.
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NumisEd's Avatar
United States
5178 Posts
 Posted 03/09/2021  5:11 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply

Quote:
For some reason the 3¢ Silvers usually are overbid on ebay.


You should see how high toned-but-average 3¢ Silvers go for on the major auction sites. You will get a heart attack asap.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/09/2021  6:12 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Not a fan of the discoloration on this one.
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spru's Avatar
United States
12477 Posts
 Posted 03/09/2021  6:48 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
It looks like it had a piece of tape on it or something. I have wanted to get one of these for a while, but they do seem to be well overpriced, at least compared to price guides, which I guess are wrong!
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In Memory of T-BOP 10-12-1949 to 1-19-2024
Pillar of the Community
Australia
1610 Posts
 Posted 03/09/2021  9:20 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
Yes, I do think it has had sticky tape on it. The residue should come off with some eucaplyptus oil and acetone. Will put a bid of $20 however I'm sure I'll be outbid. Australian coin collectors seem to be paying big bucks for coins of late.

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txgolfer56's Avatar
United States
475 Posts
 Posted 03/11/2021  5:59 pm  Show Profile   Bookmark this reply Add txgolfer56 to your friends list Get a Link to this Reply
Find one like this....
Seeking-Advice-On-1852-3c
Seeking-Advice-On-1852-3c

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captaincoffee's Avatar
United States
600 Posts
 Posted 03/12/2021  5:08 pm  Show Profile   Bookmark this reply Add captaincoffee to your friends list Get a Link to this Reply
I'd totally give you $20 for that one. No buyer's remorse.
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Australia
1610 Posts
 Posted 03/15/2021  5:06 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
Update: I was going to put a bid of $20 but bidding was already $25. With a bid increment of $5 it would mean at minimum a $30 win bid. Add 18.5% buyers premium and it's already $35. Not sure what the winning bid was, but more than I think the coin was worth. But that's typical of Aussie coin auctions.
I would gladly pay $35 for txgolfer56's coin!
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ExoGuy's Avatar
United States
4415 Posts
 Posted 03/15/2021  8:24 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
The coin looks genuine to me. That said, if it is/was a die struck counterfeit, a serious collector of those would probably pay $60 or more.

For a frame of reference on the lower grade pieces, ashow dealer recently paid me $38, apience for a group of full rim G-VG trimes. If one browses ebay, a surpising percentage of trimes listed are lower grade, damaged and/or holed. That said, there appears to be significant collector demand for decent, yet cheaper lower grades of this issue.
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BStrauss3's Avatar
United States
4589 Posts
 Posted 03/17/2021  8:24 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Slight hit on the 2. Genuine.

However, the 1852 is the single most common 3CS at 18M minted and you can do better for the money.
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Pillar of the Community
Australia
1610 Posts
 Posted 03/18/2021  4:18 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
Thanks for the comments. I do wonder though, if the bulk of the 18m coins that still exist are to be found in the hands of US collectors so one would expect to pay a higher premium for the same coin in Australia or pay additional shipping to get one from USA.

And as a side note, what do Americans call the half dollar when at the till? A "half dollar" or "50 cents".
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ExoGuy's Avatar
United States
4415 Posts
 Posted 03/18/2021  8:12 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
And as a side note, what do Americans call the half dollar when at the till? A "half dollar" or "50 cents".


I call a half "4 bits."

Seriously, akin to the dollar coins here, it's rare that I see a half dollar. Indeed, on some occasions that I've spent one of those coins here, the cashier has had to call a manager! These coins may start to circulate more, as inflation grows.
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