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 Replies: 19 / Views: 2,826 |
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Pillar of the Community
United States
2001 Posts |
I've been interested in a reeded edge half for some time now and I spotted this one on ebay. It is in my price range and condition range but it is priced higher than the PCGS retail value. PCGS lists it's value at $160 but the seller is asking $195. What do you think is a fair offer for this coin? https://www.ebay.com/itm/354314558651 |
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Moderator
 United States
56855 Posts |
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Pillar of the Community
United States
7613 Posts |
No matter the value assigned by a publication or pricing guide a coin will always stand on it's eye appeal when push comes to shove. This coin has eye appeal!
Remember too that the Seller has fees to pay and other business expenses.
I do not see the price he is asking to be out of line. The Seller considers "best offers", too. Maybe you should try that approach(?).
Good luck!
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Pillar of the Community
 United States
2001 Posts |
Thank you for the link John! Numismedia has the value for a VF-20 at $132 but I am assuming that is for a raw coin?
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Moderator
United States
56855 Posts |
A grade is a grade is a grade.PCGS values their coins high,almost always. John1  |
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Valued Member
United States
480 Posts |
Try making him a fair offer.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
2001 Posts |
Thank you all for your advice. I hate paying more than the trends for any coin but after seeing the amount of problem and details graded coins on ebay, I thought that making an offer between his asking price and PCGS value would be fair to both of us. I offered $170 and the seller accepted. So I won't lose any sleep over paying $10 above retail for a straight graded coin with pleasant eye appeal. |
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Pillar of the Community
United States
1509 Posts |
Congrats! I have no problem paying more than what any pricing guide says for a coin if it has eye appeal and there aren't any others on the market that are similar and cheaper. Price guides definitely don't take eye appeal into account, nor could they.
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Pillar of the Community
United States
3848 Posts |
Looks like a good buy! Good work negotiating and congrats on the new acquisition!
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Pillar of the Community
United States
7613 Posts |
I think you did very well on this coin as it has huge eye appeal. It's unfortunate that so many of the reeded edge bust halves on the market, especially on ebay, have been messed with, whizzed, cleaned, polished or are just plain butt ugly. It's nice to see a refreshing coin with huge eye appeal find a good home! Congrats! |
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Pillar of the Community
United States
8515 Posts |
Well bought, congrats !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
 United States
697 Posts |
Congratulations! You got a great coin, and in my opinion, based on the eye appeal of THAT coin, the $170 you paid was an excellent value!
My late wife passed away six years ago at age 64 suddenly with no medical warning. That put many things in life into a different perspective for me, including the pleasure I derive from numismatics. In the past, I thought exactly like you did when you posted your question. I would not "overpay" for a coin, figuring another one would come along soon.
After my wife of 46 years passed away, I saw things differently. If a coin came along with real nice eye appeal that I really wanted for my collection, I wouldn't allow a "premium" of 10% or 20% to keep me from getting that coin. In your example I would have done just as you did - make a reasonable and fair offer. Even if this listing didn't offer the option of "Make an Offer", I would have messaged the seller (or do "detective work" to figure out how to contact the seller directly) to make a fair offer. But if that offer was rejected, in the case of this coin, I would have then agreed to pay the $195. I would then have had a problem-free eye appealing coin that I really wanted.
Comments by others above are correct - the PCGS Price Guide is only a guide, and probably represents retail prices of "average" coins for the grade. Coins with above average eye appeal for the grade are truly worth more. In my opinion, smart collectors recognize that, and they will regularly pay more than the retail guide for superior coins for their collection!
Happy Hunting!
Steve
A day without fine wine and working on your coin collection is like a day without sunshine! My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set: https://www.PCGS.com/setregistry/ty...edset/213996Edited by Winesteven
10/09/2022 07:04 am
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Moderator
United States
15384 Posts |
I say this is a great looking coin. Congratulations on the purchase.
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Valued Member
United States
357 Posts |
Congrats on the purchase.
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Moderator
United States
187530 Posts |
Well done!  |
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Replies: 19 / Views: 2,826 |
Posted 10/06/2022 2:07 pm
