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 Replies: 13 / Views: 1,494 |
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Valued Member
United States
178 Posts |
Somebody mentioned that they would only buy something like an 1877 P Indian Head cent (graded G) if it was slabbed. The cost of this 1837 P Seated Liberty dime (graded VF) would definitely be higher if it was slabbed. Would you want to buy this coin raw, or would it be worth paying an additional cost for a slabbed coin, even though it's not a higher grade and is rarely counterfeited?   Edited by TonysPics
06/04/2009 12:22 am
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Moderator
 United States
23731 Posts |
I would put this in a 2X2 and save the cost on having it slabbed.
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Bedrock of the Community
United States
10982 Posts |
Quote:...they would only buy something like an 1877 P Indian Head cent (graded G) if it was slabbed. The cost of this 1837 P Seated Liberty dime (graded VF) would definitely be higher if it was slabbed. That's a nice Seated dime but your values (1877 IHC in G versus a 1837 Seated dime in VF) are way off. The 1877 IHC, a $800 coin in G04, is one that many would only buy slabbed for authentication. The 1837 Seated dime in VF20 is a $300 coin that is rarely counterfeited. Your dime might go VF30 and is worth slabbing if you plan to sell it but if you're keeping it for your collection then I'd put it in an Air-Tite. |
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Rest in Peace
United States
5375 Posts |
Meh, based on what I have seen, that actually looks about EF-40 in a slab.
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Valued Member
 United States
178 Posts |
What I meant was: if you were buying this coin, would you want to buy it raw at a lower price, or would you rather pay more for a slabbed one?
(I should have been more clear and have edited my original post to reflect my question.)
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Rest in Peace
United States
5375 Posts |
I'd rather just buy it raw, I don't really like buying slabbed coins too much.
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Bedrock of the Community
United States
10982 Posts |
I see your question now. Slabbing would add some value at re-sale. How much is always the question.
I'd leave it raw and see if you can get the price you want. If not you can always slab it later.
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Pillar of the Community
United States
2520 Posts |
Is it just me or does it look like Libertys wearing Lone Rangers mask?
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Pillar of the Community
United States
3234 Posts |
In the raw, all the way baby! I like the coin.
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Pillar of the Community
United States
615 Posts |
I was the one saying something about slabbing. The 1877 IH, 1916d dime, 1909 LWC, and other keys are counterfeited all the time. That is why you get it slabbed, so you don't buy a worthless coin for big bucks. It isn't to verify the grade. -SFWUSC |
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Pillar of the Community
United States
6383 Posts |
TonysPics, Another reason for slabbing would be to confirm that a coin is problem-free. If it is graded by PCGS or NGC that gives you a professional opinion that the coin is undamaged and has not been harshly cleaned or altered. For many coins such as early coppers that adds a major comfort factor when considering a purchase. This dime might not make it into a graded PCGS or NGC slab due to the roughness in the obverse field and the "Lone Ranger" mask on Miss Liberty, which appears to be damage. I would agree with a VF-30 to EF-40 detail grade but the possible damage would be a negative to me. All else being equal, I for one would be more likely to purchase a coin like this if it were in the PCGS or NGC plastic. For comparison, here is an obverse photo of my 1837 Seated dime which is graded AU-55 by ANACS. Note that this undamaged coin does not have the mask-like mark on Liberty's face. FYI, my coin is the "small date" variety; your coin appears to be the "large date" version. The differences in the appearance of the dates is fairly obvious.  |
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Rest in Peace
United States
5375 Posts |
I figured that the 'roughness' would be a lot less visible in hand, but you definitely do have a point.
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Valued Member
United States
178 Posts |
It just sold for a net price of $225. I don't want to brag, but I believe my pics did the job.
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Bedrock of the Community
United States
10982 Posts |
Quote:
It just sold for a net price of $225. You did well and I'm sure the photos helped. $225 is VF money for that coin and that is all you could reasonably ask for.  |
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Replies: 13 / Views: 1,494 |
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Posted 06/03/2009 10:34 pm
