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Replies: 10 / Views: 1,908 |
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Pillar of the Community
United States
3640 Posts |
I have been going through my deceased step fathers collection one coin at a time. Phew, anyway I had graded this coin etc. years ago and had written "Variety 5"/Rarest on the coin flip for some reason. Now I cannot find any info on it or even remember why I might have of thought this coin was a variety in the first place. Sorry, losing my mind :) It has both Arrows and Motto. Grades a G-6 I had it at VG-8 originally but then I learned that at least 3 of the letters in Liberty had to be discernable. (L and Y are) any help in solving my own dilema/forgetfullness would be appreciated. Also, the values on this coin seem to be all over the place. I do not know the red, grey etc. so ? I did a FMV and came up with an avg. of $1,065.00 @ G-6 I realize that this figure is not obtainable but wanted a ballpark. The coin will be sold raw. I had a dealer of mine offer me $250.00 U'mmm, no thank you :) Images are scans so not great at showing detail etc. Had to crop the crap out of one just to get it under the 90 max. to post it here :) I should of just put it up at photo bucket. Once again anyway, any help would be appreciated. Thanks.  
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Bedrock of the Community
United States
12437 Posts |
Oooo, that is a toughie  I see no reason why it would not make VG-8, you have to take into account the entire coin and not just rely on LIBERTY which tends to be a bit softer on the SL halves and dollars. $250 is a serious lowball but you really should consider getting it slabbed, that is a $1500+ coin in the proper venue. The best comparables from Heritage are a VG10 that sold for $2000 in January and a G6 that sold for $1495 in January. I cannot really comment on the "variety 5" listing, Wiley-Bugert only lists two varieties and only two obv and one rev die were used for the mintage. http://www.stellacoinnews.com/index...ars-1874-cc/
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Pillar of the Community
 United States
3640 Posts |
Bio Thanks much for your input. I am no expert on these type coins but will have to learn pretty fast :) First time I saw any coin go for over FMV. I also backed off of offers on an Unc. 1866 half and an 1847 anacs AU50 dollar. Hope I did not screw up too bad on a few that I did sell today ? 1859-O half F - $40.00 1855 half F - $35.00 1878-CC morgan VF - $80.00 1877-S Trade dollar EF40/45 - $200.00 1864 2 cent EF40 - $35.00 If so, I better cool my jets and learn more on here. Many more coins to come in the near future also. Thanks again. I would rather liquidate most of this collection on here as to give others the chance to get a coin that maybe they really wanted. But afraid of the higher end ones for the average joe. I guess a few auctions would not hurt. A slab for the 74 CC like you stated might be the best idea. I've only used anacs in the past. Easier for me to do on my own. No way I do Epaybaypal any more. Not thrilled about any auction house either. You figure the costs involved etc. It would be worth it to sell a coin on here for a little less and then everyone is happy. Well, back to work. Gotta do an 1876 half and a 1872 dollar. A little at a time :)
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Bedrock of the Community
United States
10982 Posts |
Quote:Hope I did not screw up too bad on a few that I did sell today ? 1859-O half F - $40.00 1855 half F - $35.00 1878-CC morgan VF - $80.00 1877-S Trade dollar EF40/45 - $200.00 1864 2 cent EF40 - $35.00 If the grades are accurate and the coins problem-free, here's typical wholesale for these pieces: 1859-O half F $40 at best (good price) 1855 half F - $35 was a good offer. 1878-CC morgan VF $80 was an excellent offer. 1877-S Trade dollar EF40/45 $200 is full retail. 1864 2 cent EF40 $35 was a great price for Lg. Motto. Looks like you got excellent prices. The Sm. Motto 2 Cent piece would have been worth $500. Lg. Motto is common.
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Pillar of the Community
 United States
3640 Posts |
Bio
That link cleared it all up. Thanks. Mine is the WB 101 (breen 4988) Got the cowlick :) LDS The 5 was the rarity factor not the variety. Duh Ron :)
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Pillar of the Community
 United States
3640 Posts |
BH
Thank you very much. Now I feel much better. I trust this guy so I guess he's one of the good ones.
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Pillar of the Community
United States
3540 Posts |
You should post pics of the coins you are preparing to "liquidate" in the grading section. Then, base your decision on there.
My reasoning - why trust one person when there are several hundred on here that have do not have a monetary interest in the sale. Unbiased opinion that is backed by a couple thousand years of combined numismatic experience.
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Moderator
 United States
16679 Posts |
Yeah, VG8 in my book. PCGS may go with G6 on the conservative end.
swcoin.ecrater.com
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Pillar of the Community
 United States
3640 Posts |
Yes, I will be doing so as far as posting for fairly accurate grades. Only downside is they will be scans. I do pretty good scans but need work on my dig. pic skills. I come to the conclusion this coin would go VG8. 10 seems a little high and in hand the motto is somewhat readable. Prices are all over on it though at that VG8 grade. Ranging from 1300 + to 1700 + (auction houses, ebay, shows etc.) Thanks again all. Will be posting a few lower value type halfs/dollars soon. The morgans I am pretty adept at grading myself. No monsters there anyway. Some Comm's and a 5 cent and maybe a few Peace dollars. Then when I have the rest of the collection in hand I can start again. Flying eagles, indians, dimes, nickels, etc. some mint and proof sets. Some others I forgot what ?
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Pillar of the Community
 United States
3640 Posts |
Still deciding what to do with this coin. If the article below is accurate and up to date I might just send it in for # 75 :) I noticed none have been graded by Anacs. Maybe they will do a freebie for me. Ha, Ha Still interesting reading. Had no clue before on the mintage etc. until now. http://www.numismaticnews.net/artic...ts_detriment
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Pillar of the Community
 United States
3640 Posts |
Oh well, just got off the phone with anacs. They did do a single coin already but it was not the WB101 variety. No freebie.  I just noticed the date on the article. It was from last fall. Guess if I choose them i'll just have to add $5.00 for the variety labeling. I already told the lady on the phone the grade of the coin so no need for them to bother with that aspect of the procedure. 
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Replies: 10 / Views: 1,908 |
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