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1873 Trade Dollar For Opinions

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joe_77's Avatar
Italy
284 Posts
 Posted 08/07/2024  4:20 pm Show Profile   Bookmark this topic Add joe_77 to your friends list Get a Link to this Message Number of Subscribers
Experimental post! I will ask mods to move this post to its rightful section later on

Hello everyone!

One of the coins I want to add to my collection is a first-year-issue Trade dollar.

This MS62 (green CAC'ed) specimen is currently for sale: https://www.pcgs.com/cert/83246494

What do you think a good buying price would be?
Anyone sees anything that would put you off?

PS: I know there is a bit of a controversy about Hansen's coins but one can always reholder it if needs be.

Thanks to all for your help!
*** Moved by Staff moved to a more appropriate forum. ***
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Zurie's Avatar
United States
5661 Posts
 Posted 08/08/2024  09:50 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Based on the TrueView photos, nice luster on the reverse, not as nice on the obverse, but looks solid for the grade, especially if it got a green bean. Hard to tell the true color since color intensity is often exaggerated in TV pics. Recent Heritage sales suggest a reasonable price would be in the $2500-3000 range, but that obviously depends on the eye appeal in hand.
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joe_77's Avatar
Italy
284 Posts
 Posted 08/08/2024  4:13 pm  Show Profile   Bookmark this reply Add joe_77 to your friends list Get a Link to this Reply
Thank you Zurie!

Do these additional pics help on the eye appeal points raised?

1873-Trade-Dollar-For-Opinions
1873-Trade-Dollar-For-Opinions

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John1's Avatar
United States
56855 Posts
 Posted 08/10/2024  04:12 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I moved your thread as you "kindly" requested.
John1
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Dearborn's Avatar
United States
94786 Posts
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joe_77's Avatar
Italy
284 Posts
 Posted 08/17/2024  02:30 am  Show Profile   Bookmark this reply Add joe_77 to your friends list Get a Link to this Reply
Thank you Dearborn!

I have mixed feelings on that too.
I think I will pass on it and buy a couple of other coins with that budget.. hope to find a better specimens next year maybe!
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Slider23's Avatar
United States
4468 Posts
 Posted 08/17/2024  10:52 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Quality Trade dollars are difficult to find once you get past the most common dates. The coin appears to be a quality example with with a CAC sticker. CAC has stickered 4 of the 1873 at MS62. I would put the coin at the high end of the grade. CAC lists the price at $2500. A 1873 MS62 sold at a Heritage auction in September 2023 for $2400 without a sticker. If you can pick up the coin at $2500, you would be getting a nice example at a fair price.
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numismatic student's Avatar
United States
11880 Posts
 Posted 08/17/2024  11:41 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
DL is a usually a little flexible on price. This one is CAC'd and has the Hansen provenance on holder. I think $3k would be a good price. Unfortunately that is reality of pricing for CAC coins, but this one has been on offer by DL for a while so they may be more willing to deal.

I agree with Zurie as my first impression was that the obverse luster was weaker than the reverse. But the eye appeal seems above average for a 62. The coin is not cheap as listed but doesn't appear to be out of line. I like the MS65 coin they have listed also from the Hansen collection with full obverse luster.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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joe_77's Avatar
Italy
284 Posts
 Posted 08/17/2024  12:12 pm  Show Profile   Bookmark this reply Add joe_77 to your friends list Get a Link to this Reply
Thank you Slider23 and numismatic student.

I would really prefer the look (and price) of the MS62 that sold on Sept 2023 at HA actually: https://www.pcgs.com/cert/47290600
I wonder how difficult it will be to find one just like that (either 1873 or 1873-S) as opposed to grab this one and forget.

As a matter of fact, I just noticed that the coin we are talking about, sold at HA in 2017 for $1.8k. At that moment it was in a normal PCGS holder: https://coins.ha.com/itm/trade-doll...1253-16200.s

Welcoming any advice. Thanks a lot!
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numismatic student's Avatar
United States
11880 Posts
 Posted 08/17/2024  12:52 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
If you are focused on getting the best coin possible and your budget can swing it, I would recommend the following. It is leaps and bounds above the coin you have shown and well worth the leap in price. This coin looks every bit gem for a non-gem price. Seller also presents great pictures if you click on the image.
https://www.coinsuperstore.com/product/519188-1873
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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joe_77's Avatar
Italy
284 Posts
 Posted 08/17/2024  1:39 pm  Show Profile   Bookmark this reply Add joe_77 to your friends list Get a Link to this Reply
Wow, that's a stunning coin! Thank you numismatic student!
Regrettably price tag is too high for me I'm trying not to go broke just yet

Also I only do PCGS so I would need to crossover it and ..oh boy.. is that a pain. I recently started the process for another coin I bought (here http://goccf.com/t/469369 ) and I am regretting not waiting for one already in a PCGS slab..
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