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Fair Price For This Feuchtwanger?

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jedichef's Avatar
United States
781 Posts
 Posted 11/04/2010  03:08 am Show Profile   Bookmark this topic Add jedichef to your friends list Get a Link to this Message Number of Subscribers
I just paid a hair under $100 for this piece at auction. I feel it was a fair price even with the corroded/cleaned notation on the slab. I was just wondering if anyone else had an opinion on it.

Fair-Price-For-This-Feuchtwanger?

Fair-Price-For-This-Feuchtwanger?
Edited by jedichef
11/04/2010 05:08 am
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tumbleweedtrumpet's Avatar
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1418 Posts
 Posted 11/04/2010  07:56 am  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
I think it was a good price.
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Conder101's Avatar
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17884 Posts
 Posted 11/04/2010  09:35 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Variety 5G R-2. Common variety but nice looking. Price seems fair to me.
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Wei Fun's Avatar
United States
244 Posts
 Posted 11/04/2010  09:49 am  Show Profile   Bookmark this reply Add Wei Fun to your friends list Get a Link to this Reply
You got a coin that despite the "corroded" label still has good eye appeal. You didn't get a screaming bargain, but you didn't get ripped off either.
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chris12018's Avatar
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2130 Posts
 Posted 11/04/2010  2:19 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I sold one like that to a member here. It had a hole in it. I think it went for $40. I would crack it out.
Edited by chris12018
11/04/2010 2:20 pm
Valued Member
United States
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 Posted 11/04/2010  2:53 pm  Show Profile   Bookmark this reply Add Syaoran_2001 to your friends list Get a Link to this Reply
What is this?
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robbudo's Avatar
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2757 Posts
 Posted 11/04/2010  6:05 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
Good price for it. Just saw one in similar condition, but problem free, sell for $250 I think? So half off that for your damage would be $125, add what you paid for shipping or tax and that's how much of a deal you got.
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jedichef's Avatar
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781 Posts
 Posted 11/05/2010  04:05 am  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply

Quote:
I sold one like that to a member here. It had a hole in it. I think it went for $40. I would crack it out.

This leads to my other question, is there anything that can be done about the corrosion? would it be worth cracking out?
Edited by jedichef
11/05/2010 04:06 am
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robbudo's Avatar
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2757 Posts
 Posted 11/09/2010  10:35 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
Just a follow up that I saw one at a coin show this Sunday that looks identical to the one in the slab - it was raw but was same condition plus it was cleaned. The dealer was asking $200.
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robbudo's Avatar
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2757 Posts
 Posted 11/09/2010  10:36 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
and does anyone know how many of these they made? I recall reading 2,500 once, but I cannot find the source and it's kind of bothering me.
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thecoinczar's Avatar
United States
455 Posts
 Posted 11/09/2010  11:46 pm  Show Profile   Bookmark this reply Add thecoinczar to your friends list Get a Link to this Reply
Feuchtwangers are very popular coins to collect. I feel that you got a good deal for what you paid vs. the coin's condition. Nice piece!
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Conder101's Avatar
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17884 Posts
 Posted 11/10/2010  10:10 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I recall reading 2,500 once, but I cannot find the source and it's kind of bothering me.

Since they were privately minted there probably aren't any accurate records on mintages. But since there are 14 die varieties I would be surprised if the mintage was anywhere close to being that low. There is one R-1, three R-2, and one R-3 varieties so that would be more than 2500 surviving specimens right there. And since the survivors are only a fraction of the original mintage I would guess about 10 times that figure or 25K.
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robbudo's Avatar
United States
2757 Posts
 Posted 11/12/2010  08:09 am  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
thanks for the good info (as usual) Conder. Out of curiosity, what's the source on the die varieties of these?
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ExoGuy's Avatar
United States
4416 Posts
 Posted 11/14/2010  08:37 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
This oldtimer agrees that you got a good buy. I've seen far worse planchets that this one. I, too, would crack this one out for three reasons. Firstly, the word "corroded" seems harsh. Secondly, this token is in need of some conservation to remove surface contaminants (gently swab it repeatedly with an acetone-dipped Q-tip and alternate with the dry end). Thirdly, unless it's a rare or high grade coin or token that can benefit from the protection and certification of a slab, I personally enjoy seeing such historical items in a more natural state.

Feuchtwangers are Hard Times tokens and listed under that category in the Red Book. They make a great addition to a U.S. type set, too. I believe that some of Rulau's token books list the varieties. Enjoy your acquisition!
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Right Now and Not Later's Avatar
United States
8 Posts
 Posted 11/14/2010  7:25 pm  Show Profile   Bookmark this reply Add Right Now and Not Later to your friends list Get a Link to this Reply
I'd say that you did fine. For the price, it's a lovely specimen, despite the label's designation. The planchet is attractive, given the fact that most of the Feuchtwanger that I have encountered have issues far more severe than yours. Unattractive, low-grade specimens appear on ebay quite frequently for prices that are in line with what you paid for yours, which is, in my opinion, a lovely specimen. Congratulations on your purchase.
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jedichef's Avatar
United States
781 Posts
 Posted 11/17/2010  03:53 am  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply
I'm still waiting to get this coin in hand. I plan on cracking it out, for a couple reasons: 1) I don't have any other slabbed coins, and am not sure if I really want to start down that path, no matter how bright and shiny it might be. 2) I also agree that this coin should be given every conservation effort available. 2a) if I really wanted to get it reslabbed (doubtful) there's the possibility of getting a higher grade...of course a lower grade is possible as well. I've tagged this last reason as "2a" instead of "3" because I really really don't think i'll be reslabbing it.
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