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 Replies: 18 / Views: 1,205 |
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Valued Member
United States
113 Posts |
Someone listed this coin on ebay for $99 and I snagged it without even thinking twice. It weighs right, measures right, and passes 2/3 markers for a Morgan on Pingcoin consistently, and sometimes all 3 depending on how you hit it. Looks legit. If legit how would an AU/Unc TD end up looking like this? Looks like it was tossed into a wood chipper. If it is legit, and Au/Unc, how would you value such a thing?  Edited by Bdlc
10/22/2025 11:49 am
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Moderator
 United States
188213 Posts |
It looks like someone got bored?  |
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Bedrock of the Community
United States
10515 Posts |
A blind guy was trying to chop mark it!  |
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Bedrock of the Community
United States
10034 Posts |
The value is what someone is willing to pay. Just like slab grades are not done with any legitimate standards, there is no legitimate system for determining how much value is detracted from a coin based upon the amount of damage.
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Bedrock of the Community
 United States
18657 Posts |
i seriously doubt anyone counterfeiting this would chop it up like it is pretty slim as the value is pretty much gone other than a hole filler. I think Earle42 nailed it when assessing value on any coin with damage. this one, however, is quite extensive. i'd call it XF details ( PMD) a slabbed XF40/45 straight goes for about $400. personally I would not consider this one collectable. A damaged coin could be as low as 20% of retail. I found one with similar damage that sold for $75 |
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Pillar of the Community
Portugal
655 Posts |
The pair of rim cuts could have been testing if it was genuine silver. The others look just damage. I think unrelated.
Looks still nice to me. I say collectable.
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Valued Member
 United States
113 Posts |
I think you are under-estimating the current market for Trade dollars. Trade dollars in lower grades than this with graffiti and holes in them sell for $200. This coin is far more collectable than those would be. If you can identify it as a Trade dollar it's $150+ right now. My guess is this coin would sell for $225-250 given time. Of course it's true every collector has different biases about coin condition. For example I would never buy a coin that had a hole in it or obvious graffiti, but I do buy coins that have been plugged or are a little beaten up. On display in a capsule you don't really see the damage so much, you mostly just see a crisp beautiful Trade dollar. Which is why it's my keeper for now. I do appreciate you taking a look at it though.  Edited by Bdlc
10/23/2025 09:47 am
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Bedrock of the Community
United States
36738 Posts |
Even if genuine it would be a hard coin to sell.
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Pillar of the Community
United States
2281 Posts |
I don't even want this coin for $99.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Pillar of the Community
United States
878 Posts |
To each his own. I'd buy a coin with a hole in it or graffiti on it for the right price. I was looking at an 1870-CC Seated dollar with a date, 1/10/93, scratched into it rather large and aggressively. I'd consider buying it for about 15-20% of the $2K asking price. |
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Bedrock of the Community
United States
25115 Posts |
If you're happy with it, that's all that matters.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
Taiwan
606 Posts |
If you like the coin as a $99.99 OBO that is all that matters. I see this as a win-win situation as you were happy
to snag the coin and I am sure he was happy with the sale.
Edited by Everest
10/24/2025 5:05 pm
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Moderator
United States
188213 Posts |
Quote:
If you're happy with it, that's all that matters.  |
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Bedrock of the Community
United States
10515 Posts |
I don't have a Trade dollar - I'd buy it all day long for $99. |
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Moderator
United States
188213 Posts |
Quote:I don't have a Trade dollar - I'd buy it all day long for $99. Everyone needs one. I got lucky with mine, bought from a CCF member. |
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Valued Member
United States
113 Posts |
It is interesting how the opinion on that coin varies so widely among the community. I'm sure many here are very high-end collectors and that coin would just be throw-away trash to them. But it is good to see there are some, like me, who have to try and own rare coins on a very limited budget. I have to make sacrifices in the condition I will tolerate in order to have coins I consider rare on my desk.
Having said that I've been on the prowl for a Fugio for months but can't find one that is in decent enough condition for what I can afford, $500. I'd be thrilled to get a Fugio in worse condition than that TD, much worse and even holed. But every device and diagnostic is visible on that TD, and this damage to me is far less distracting and destructive than chopmarks. That's a win for me for under $100.
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Replies: 18 / Views: 1,205 |
Posted 10/22/2025 7:38 pm
