Grading Advice Needed For 1852-O $10 - Page 2

To participate in the forum you must log in or register.

Author	Replies: 20 / Views: 1,986	Page: of 2

Oldfordman Pillar of the Community United States 2869 Posts	Posted 08/19/2021 12:52 pm Ms61 Report this Post to the Staff
Slider23 Pillar of the Community United States 4469 Posts	Posted 08/19/2021 12:56 pm Quote: If I pay AU58 money and break even with a resubmmit, I'm satisfied for taking a shot. There is a large down side if the coin grades AU Details scratched as the value of the coin would be about $1500. The scratch on the obverse could cause the coin to grade details scratched. The PGA holder has no value as it is all smoke and mirrors. Pass on purchase at AU58 as there is too much risk. Report this Post to the Staff
artma New Member United States 9 Posts	Posted 08/19/2021 12:59 pm PCGS shows an AU58 sold for $20400 in 2020. Am I correct in valuing a details grade at 2/3 of straight - generally? I thought that was "the norm". Report this Post to the Staff
Slider23 Pillar of the Community United States 4469 Posts	Posted 08/19/2021 1:17 pm There is no norm on putting value on detail coins. Check the actual realized sold for the a AU details 1852 O $10 gold. All the AU Details coins graded by NGC and PCGS get put in the same AU bucket as they do not put a number grade on a details coin. You can not use AU58 as a starting point to determine AU detail coin value. Edited by Slider23 08/19/2021 1:20 pm Report this Post to the Staff
Adam590 Pillar of the Community United States 756 Posts	Posted 08/20/2021 01:22 am I guess this goes back to your intent. If your goal is to flip this coin, then you are taking a big risk with a coin that will probably get the "details" designation (PCGS has seemed especially tough, especially when it comes to surfaces of a coin, this past year). If you plan on selling it, then the burden will be to find someone who actually values the coin as highly as AU(58) money, which could be really tough. A lot of people see details coins as potential bargains, where they can buy a coin they aesthetically like, but at a fraction of the pricepoint of the grade the details on it match. A lot of people may not consider details coins at all. If your intention is to keep this coin as a type coin, then it seems like a pass to me. If your intention is to keep this coin as a well detailed example of a tough date (are you collecting the series?), and you find the coin pleasing to look at, then it may be worth it to YOU. I guess the final take away is to not expecting potential buyers to value details coins as much as the individual collector might. There is no guarantee you will find the right collector to value it so highly in a resale situation. I hope this makes sense. Report this Post to the Staff
	Replies: 20 / Views: 1,986	Page: of 2

First Page Last 15 Replies

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coin Grading

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.32 seconds to rattle this change.