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07-18-2008, 08:48 PM
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#1 (permalink)
| | IMP RABBITICVS
Join Date: Jan 2008 Location: T-Town Beat Down, Michigan
Posts: 3,441
My Mood:  |  I resisted (and please guess the grade too)
I went to the coin shop today and almost bought a 1723 Farthing, DEL GRATIA REX Half Penny for $75....but we couldn't agree on the grade (I thought a VG and he thought it was an F), so I didn't buy it.
Then I almost bought a 1941-D Mercury Dime in NGC, MS-65 with FB for $30, but I don't know how comman these are or how much of a premium FB's carry so I didnt buy that (but was about to for the type set, should I go back and buy it?)
I know you guys are prolly saying "who cares", but I feel good that I didn't do anything stupid.
While I was in there for 2 hours (literaly) thinking about it, I bought this for $5 (and it was the only thing I bought), what do you think the grade is, I think a VG:  
stainless
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07-18-2008, 09:09 PM
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#2 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 24,653
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You're getting better  As for the coin you bought, it would be considered ungradeable due to the severe corrosion. Not that you did bad buying it for $5, but is now and will forever be a problem coin. But if you like it - that's all that matters.
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knowledge ..... share it
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07-18-2008, 09:24 PM
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#3 (permalink)
| | IMP RABBITICVS
Join Date: Jan 2008 Location: T-Town Beat Down, Michigan
Posts: 3,441
My Mood: | Quote:
Originally Posted by GDJMSP  You're getting better As for the coin you bought, it would be considered ungradeable due to the severe corrosion. Not that you did bad buying it for $5, but is now and will forever be a problem coin. But if you like it - that's all that matters. | K, thanks for the input 
I bought the coin because it was cheap and i need it to fill up a folder
stainless
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07-18-2008, 09:39 PM
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#4 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,562
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Originally Posted by stainless K, thanks for the input
I bought the coin because it was cheap and i need it to fill up a folder
stainless | dont be filling holders fill a collection not holders
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There is only one king
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07-18-2008, 09:44 PM
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#5 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 7,471
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In my opinion $30 sounds reasonable, but wait for other opinions. Of course this is assuming you think the coin is nice and a MS65 FB is the grade. I did see where one NGC MS66 went for 31 and shipping on Ebay, but that was not the general trend.
Nothing wrong with filling a hole for $5 with that coin as long as you like it.
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07-18-2008, 09:59 PM
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#6 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
My Mood:  | Quote:
Originally Posted by stainless I went to the coin shop today and almost bought a 1723 Farthing, DEL GRATIA REX Half Penny for $75....but we couldn't agree on the grade (I thought a VG and he thought it was an F), so I didn't buy it. | Who are you and what have you done with the real stainless? 
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No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10
ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. | |
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07-18-2008, 10:04 PM
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#7 (permalink)
| | IMP RABBITICVS
Join Date: Jan 2008 Location: T-Town Beat Down, Michigan
Posts: 3,441
My Mood: | Quote:
Originally Posted by Hobo Who are you and what have you done with the real stainless? | The advice you guys have been telling me is starting to sink in....that's all ...lol (took long enough didn't it?)
stainless
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07-18-2008, 10:15 PM
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#8 (permalink)
| | A closed mind is no mind
Join Date: Feb 2007 Location: Southern tip of that big pond known as Lake Michigan.
Posts: 5,944
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Nice exercise of restraint there Stainless.
$30 for the 41-D in that shape isn't bad but you used restraint again instead of just dropping money.
Hope the dealer was waiting on other customers while you were there for $5 though. Not much of a return for his time.
My rule of thumb when I go into a shop (that's reputable) is if you spend time, shoot the breeze and maybe learn a thing or two buy SOMETHING.
Dealers DO warm up when they see that you're serious and learning. If they have a bigger deal going on let them concentrate on that. Patience on both sides of the counter can work wonders.
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A closed mind is no mind at all...
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07-18-2008, 10:16 PM
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#9 (permalink)
| | What Goes Around Comes A
Join Date: Apr 2008 Location: Chicago
Posts: 5,563
My Mood:  |
Stainless not bad for $5 , but I'd listen to GD , skip on problem coins , there's always another day & another coin , I'm still working on that advice , most of know the feeling , you hate to leave without anything , but sometimes it's better to leave with nothing , than something that's going to be a problem in the future .
The 1941-D MS-65 FSB would make a nice type coin , at $30 not bad at all .
rzage
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07-19-2008, 09:41 AM
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#10 (permalink)
| | Coin Collector
Join Date: Dec 2007
Posts: 1,712
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To me $30 sounds like a fair price on the dime if it's attractive.
Probably not if it's ugly. 
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Larry
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07-19-2008, 11:18 AM
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#11 (permalink)
| | FVTVE FATVM
Join Date: Jun 2007 Location: ZZ9 Plural Z Alpha
Posts: 2,969
My Mood:  |
Nobody else found the $75 farthing curious? If its a Hibernia farthing, that may be reasonable. A 1723 in F (British grade, if I recall British F is better than US F) catalogues for 30 pounds. If it was on the VG side, as you said, probably lower still. Still, I would look for that coin in the $30-$40 range, regardless of VG or F.
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