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Please Help: Trade For Store Credits

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Author Previous TopicReplies: 9 / Views: 1,296Next Topic  
Valued Member
dollarcoins's Avatar
United States
220 Posts
 Posted 12/07/2009  6:20 pm Show Profile   Bookmark this topic Add dollarcoins to your friends list Get a Link to this Message Number of Subscribers
Dear Senior Collectors,

I plan to trade some of my unwanted coins for a flowing hair dollar (around $4,000). A trusted coin store offered me $2,500 for below coins; thus, I need to pay for around $1,500. Do you think the below coins worth about $2,500 or even more? Thank you in advance for your opinions.

1. 1855 gold dollar (type 2) PCGS AU50.
2. 8 Australian lunar 0.1 oz gold coins, including years from 1996 (rat) through 2003 (sheep). (for a total of 0.8 oz gold)
3. 17 American silver eagle dollars - Proof (all PCGS PR69DCAM), including years from 1987 through 2003.
4. 17 American silver eagle dollars - Brilliant Uncirculated, including years from 1987 through 2003.
Edited by dollarcoins
12/07/2009 8:07 pm
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coinguybrian's Avatar
United States
5375 Posts
 Posted 12/07/2009  8:15 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
That actually really doesn't sound that bad. $500 for the type 2 G$1, $130 each for the lunars (I may be underestimating) for a total of $1040, $40 per proof silver eagle ($680) and $22 per BU (about $375).

That comes out to about $2600; when considering its a store, $2500 is quite decent. But I may be wrong if the lunars and proof silver eagles should fetch substantially higher, so I'll let others chime in on that.

Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 12/07/2009  8:22 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I'd keep 'em and put the flowing hair dollar on layaway. But, that's just the way I am.
Bedrock of the Community
United States
20753 Posts
 Posted 12/07/2009  8:39 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

I'd keep 'em and put the flowing hair dollar on layaway. But, that's just the way I am.


If this was a poll that answer would get my vote.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/07/2009  9:06 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Another question worth asking is, how much is that Flowing Hair Dollar actually worth? For that money - don't forget, this is a prime target of counterfeiters - I want to see the coin in a PCGS F12 slab at least, or in a Details slab with XF detail. This isn't a coin I'd buy raw from my Mom, much less any dealer. Some of the fakes out there are of a quality to deceive all but the true experts.
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Indian1's Avatar
United States
3640 Posts
 Posted 12/07/2009  9:41 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
I agree with seeing it slabbed first. Also there is a premium
on the 96 ASE's
Valued Member
dollarcoins's Avatar
United States
220 Posts
 Posted 12/07/2009  9:58 pm  Show Profile   Bookmark this reply Add dollarcoins to your friends list Get a Link to this Reply
Dear All: Thank you for your suggestions. Based on your responses, the offer seems reasonable.

The picutes of the 1795 flowing hair are shown below (copyright by the Gary Adkins Associates, Inc.). Based on the website descriptions, Gary Adkins and the company seems a reliable coin dealer.
Please-Help:-Trade-For-Store-Credits
Please-Help:-Trade-For-Store-Credits
Valued Member
dollarcoins's Avatar
United States
220 Posts
 Posted 12/07/2009  10:04 pm  Show Profile   Bookmark this reply Add dollarcoins to your friends list Get a Link to this Reply
Thanks, SuperDave. As a new coin collector, I only buy a coin with the cost over $100 if it's certified by the PCGS. Hopefully, there is no counterfeit PCGS slab.

For those who thought I should keep my coins and get the flowing hair dollar, I do wish I could do that.
Edited by dollarcoins
12/07/2009 10:13 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/07/2009  10:35 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Two Leaves type, and a reasonable purchase at $4k in a PCGS F12 slab.

In all, this sounds like a pretty fair deal for you both. The one detail which jumps to mind, though, is the 1995 Proof Eagle - is it by some chance a West Point-minted coin?
Valued Member
dollarcoins's Avatar
United States
220 Posts
 Posted 12/07/2009  11:44 pm  Show Profile   Bookmark this reply Add dollarcoins to your friends list Get a Link to this Reply
No, it is 1995-P. Thanks.
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