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Replies: 10 / Views: 1,210 |
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Pillar of the Community
United States
751 Posts |
I saw this beautiful toned 1837 Seated Liberty half dime on ebay. It is listed for nearly 40,000 dollars! PCGS price guide, which I know is higher than bid/gray sheet, puts the price at 3,000. Am I missing something? What is a coin like this being priced so high? Would anyone actually buy it at this price? https://www.ebay.com/itm/190697829538
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Pillar of the Community
 United States
8938 Posts |
Hey! That coin looks familiar!  Belongs to our shop. Julian thinks the coin is a 68 in a 65 holder and priced it as such.I grade it a 67 personally. Julian doesn't do the resubmisson game. He's kinda old fashioned in that he thinks coins will sell for what they are rather than what the plastic says.
Edited by GrapeCollects 08/03/2021 01:48 am
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Bedrock of the Community
 United States
12477 Posts |
If you're asking over 10x price guide because you think it grades three points higher than what PCGS says, it seems appropriate to resubmit it and remove any doubt. What's with the ".50" on there, too? Seems kind of insulting, in my opinion. Just my Two Cents.
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru 08/03/2021 02:03 am
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Pillar of the Community
 United States
751 Posts |
Thanks for explaining, Grape. I appreciate your clarification.
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Pillar of the Community
United States
9792 Posts |
It sure is a nice coin regardless of what PCGS calls it. The True View is here: https://www.PCGS.com/cert/18223783Simply gorgeous, I'd call it at least an MS66+ or MS67 myself (not having it in hand, yet knowing Julian has super star coins in inventory). The last PCGS MS67 sold at auction was by Legend. It brought $13K+ https://legendauctions.hibid.com/lo...--PCGS-ms67/No Large Date 1837 Half Dimes have graded higher than MS67 at either PCGS or NGC so an MS68 maybe reaching, but then it's not my coin, and Julian can sell it however he wants, just like Richard Picker used too. When asked the grade of a coin Mr. Picker had in his case at a show his answer was always "I grade that at $ X,XXX" no grade - just a price, that way you either agreed with him, or countered with another price to see if he might budge, he usually did not. Fair enough. Current MS67 pricing is $19K and no Large Date coins exist in MS68. The Small Dates do and they show up priced at $47,500. Here is a True View on a 1837 Small Date in MS68 just for comparison. https://www.PCGS.com/cert/06666555 it's a wow coin for sure, and not far off from the coin in discussion IMO.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
Edited by westcoin 08/03/2021 02:40 am
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Pillar of the Community
 United States
8938 Posts |
Quote:If you're asking over 10x price guide because you think it grades three points higher than what PCGS says, it seems appropriate to resubmit it and remove any doubt. What's with the ".50" on there, too? Seems kind of insulting, in my opinion. Just my Two Cents. Julian is extremely cheap, anyone who has met him will tell you. He buys the cheapest anything he can, from food to toilet paper. He doesn't like having to get things slabbed in the first place, so having to pay extra for them to fix their mistake is just not something he does. As for the $0.5, I have no idea, Julian pricing
Edited by GrapeCollects 08/03/2021 10:57 am
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Bedrock of the Community
United States
94367 Posts |
Sounds like a great guy to work for! 
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Pillar of the Community
United States
9792 Posts |
Thought I'd add in this, I was browsing early this morning and remembered this coin in the upcoming, Stack's/Bowers Auction. They have a MS67 PCGS 1837 Half Dime Large Date coming up in the ANA Rarities Sale sale Lot #4050, so I guess we will soon see what the current market for a really nice MS67 example is worth. https://auctions.stacksbowers.com/l...-67-PCGS-cac
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
United States
4989 Posts |
You can ask for anything on ebay, $1M for a 1964 Kennedy half dollar roll coin if you want. Doesn't mean you'll get it...
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Pillar of the Community
United States
2869 Posts |
Looks a little overpriced.
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Pillar of the Community
United States
9792 Posts |
The Stack's/Bowers coin I linked above ended up selling for $21,600 in a PCGS 67 & CAC slab, so there is the market price. Not $40K but still over $20K at least.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Replies: 10 / Views: 1,210 |
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