To Certify or not to ceritfy, that is the question

Discussion in 'US Coins Forum' started by csiebsen, Mar 25, 2011.

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  1. debordj

    debordj Debo

    thanks GDJMSP, will keep looking
     
    debordj, Mar 27, 2011
    #21 + Quote Reply
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  3. csiebsen

    csiebsen Junior Member

    Great info, thanks for the posts. I did a quick search at Heritage for Seated dollars at their last auction for
    what sold in the 250-500 dollar range. I also factored in the buyer's premium and shipping.

    HeritagePrice + ShipAuction Dateand Buy PremDateMintCertCondMiscTotalJan 20111842NGCAUObv scratched$5831873NGCAUHarsh Clean$5491846PCGSF15$5151860-OPCGSVF20$4821871ANACSVF20$4481843ANACSVF25$3611873ANACSVF35Cleaned$3611959 OANACSVG8$3071860-OANACSVF30$307

    Looking at these coins there's nothing I'd want in my type set. Maybe 5 years ago you could have
    bought this coin for $250, but I just don't see it now.
     
    csiebsen, Mar 28, 2011
    #22 + Quote Reply
  4. csiebsen

    csiebsen Junior Member

    Oh great, that didn't format right. Let's try again

    Heritage
    Jan 2011
    1842 NGC AU Obv scratched $583
    1873 NGC AU Harsh Clean $549
    1846 PCGS F15 $515
    1860-O PCGS VF20 $482
    1871 ANACS VF20 $448
    1843 ANACS VF25 $361
    1873 ANACS VF35 Cleaned $361
    1859 O ANACS VG8 $307
    1860-O ANACS VF30 $307


    Read more: http://www.cointalk.com/showthread.php?t=164564&pagenumber=#ixzz1Hu6Al4aB
     
    csiebsen, Mar 28, 2011
    #23 + Quote Reply
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Here are links to 5, 1842 dollars, all problem coins and ranging from VF to AU that sold from between $230 and $322 in the last 6 months.

    http://coins.ha.com/common/view_item.php?Sale_No=1153&Lot_No=8511

    http://coins.ha.com/common/view_item.php?Sale_No=1145&Lot_No=10090

    http://coins.ha.com/common/view_item.php?Sale_No=1145&Lot_No=10092

    http://coins.ha.com/common/view_item.php?Sale_No=1145&Lot_No=10093

    http://coins.ha.com/common/view_item.php?Sale_No=1153&Lot_No=8509


    Yes there are a couple of others that sold for a bit more. But that is pretty much the going range. Anything outside that is an aberation.
     
    GDJMSP, Mar 28, 2011
    #24 + Quote Reply
  6. csiebsen

    csiebsen Junior Member

    I guess it's a matter of personal preference. You can get a problem Seated Dollar for $100 if you want. As for me
    I hate the look of cleaned coins and dislike anything under XF, so, as for me, I don't think I could fill the slot with
    something I liked for $300, but that's just me.

    I realized the buyers premium is already included in the historical price so all my numbers above are inflated by 17%.

    Happy collecting!
     
    csiebsen, Mar 28, 2011
    #25 + Quote Reply
  7. GDJMSP

    GDJMSP Numismatist Moderator

    My only point was that you bought a problem coin. No idea what you paid for it, but it should have been priced like those I linked to.
     
    GDJMSP, Mar 28, 2011
    #26 + Quote Reply
  8. ratio411

    ratio411 Active Member

    I disagree.
    Though this coin has some 'dings' on the rim, it has 1000x better eye appeal than any of those problem coins linked to.
    I think the coin was worth it and will look much better in a type set than those harshly cleaned examples.
     
    ratio411, Mar 28, 2011
    #27 + Quote Reply
  9. GDJMSP

    GDJMSP Numismatist Moderator

    You're allowed, others may disagree also. But that is a chocolate and vanilla choice.

    A coin can have severe rim rings, like this one. It can be scratched. It can have severe planchet flaws. It can be harshly cleaned. It can have a big gouge. It can have altered surfaces. It can be artificially toned. It can be corrorded. The list goes on. But in the end, a problem coin is a problem coin is a problem coin.

    Take your pick - which do like better ? Chocolate ? Or vanilla ?
     
    GDJMSP, Mar 29, 2011
    #28 + Quote Reply
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