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 Replies: 9 / Views: 1,420 |
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Valued Member
United States
122 Posts |
All I need to finish my Type book are the 2 types of Seated Liberty dollars. My cramped budget will only allow me to pay about $100 each for these 2 dollars. What do you think would be my best chance to get these 2 coins for that price? (If there is a chance at that price)I recently got a nice holed Trade dollar for $103. The details were on the VF side so I was happy. That coin without the hole would have been much more. SO, a holed coin would be OK with me. Does anyone know of a dealer I might could contact that would make me a deal on the 2 Seated Lib dollars? |
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Pillar of the Community
United States
4085 Posts |
This is going to be a challenge. The Seated dollars are tough (equals expensive) to find and there's a big worry about counterfeits as well. Since I believe I remember that you got your Trade dollar on ebay, you might do a search of completed auctions to see what you can get for $100. Again - be wary of counterfeits. |
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Bedrock of the Community
United States
12437 Posts |
Getting a legible Seated dollar for less than $100 is probably an almost impossible task. I would avoid getting holed coins especially at that price level, those things are real dogs and very difficult to resell. At some point, the hole will aggravate you and you will have the urge to upgrade, it happens to everyone. What is so bad about saving up for a few months to get an undamaged coin? Patience is a virtue in coin collecting  You can get a decent problem-free low grade example for about $250 or so. |
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Valued Member
 United States
122 Posts |
Hmmmmmmmmmm, so I guess what I could expect to do is use the money I was going to invest in BOTH coins and just get one for now.
Thanks for the advice!
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Pillar of the Community
United States
759 Posts |
I remember that Trade dollar and it had really nice details. I'd be careful though about adding more holed/damaged coins since you'd then have 3 in a row staring at you every time you open that 7070. Your call though, but may I offer a suggestion? Sounds like you have a $200 budget. Start watching the auctions and be very, very patient. I'm talking maybe months, if necessary. Add $10 to that budget every now and then and you're in the ballpark for one like biokemist6 mentioned. Post links to ones you're considering here for authenticity opinions. You'll end up with just one nice looking coin, but circulated Seated Liberty dollars are awesome coins to have in hand. You will probably love it. Then start the slow march to saving what you need for the that last elusive piece, whatever condition you'd like. But...if the thrill for you is "getting it done," rather than "the hunt," then by all means go for the lower grades or damaged examples. Just expect to potentially take a 20-30% loss (maybe) on those if you decide to upgrade. And you'll still probably have to come up over $100 each. |
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Valued Member
United States
122 Posts |
Good suggestion OneBowl.
I think for a coin of this type I can be patient and hunt for it.
I would also like for the purchase to hold its value. AND I would like decent details on each coin.
One at a time it shall be.
The hunt is ON!
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Bedrock of the Community
United States
14454 Posts |
I don't think I have ever seen a Seated dollar for 100 bucks but I am usually looking at AU-BU coins but I think that is going to be hard to find for that price. Its going to be hard to find one for double to be honest but if you take your time and look for misplaced auctions and ending at weird times (this has lessened since the invention of snipers) you may get lucky, but its going to take awhile to get one |
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Pillar of the Community
United States
759 Posts |
Michael_T,
For one data point, I got my Seated Liberty No Motto about 6 months ago, an 1846, VG-F, full rims, great eye appeal, even some nice faint toning for $225. It was cleaned some time in the last 150+ years, but it's not a distraction. It was probably the 30th auction I participated in and I watched another 30+. I learned quite a bit about "off" coins and fair value during that time. My budget was $250 and most went $270-$310 around that condition or better. Good luck! You'll get one you like not too far north of $200.
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Bedrock of the Community
United States
11951 Posts |
I agree with the the other members about getting Seated dollars with good details in the under $200 range. I too keep my eyes open for good priced Seated dollars, one of my local shops have a 1860 in AG/G that I think could be had for a little under $200 .. but I am hoping to find a VG/F. I am putting money away for a June coin show .. where I hope to find one. |
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Valued Member
United States
438 Posts |
Greysheet bid has now reached $220 in Good-4 condition. To get in the $100 area is probably going to mean that some sort of damage or abuse has taken place at some time in the past. A simple cleaning will not get the price down there, but something like a scratch should do the job. Keep shopping around!
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Replies: 9 / Views: 1,420 |
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Posted 02/04/2011 10:48 am
