I was wondering if you would pay a premium for this item based on what it is and if so what? Also, as I have learned recently that the grades may or may not be accurate since the grading system is more detailed than it was at the time these were holder-ed. Dealer photo...
Maybe I'm not seeing what you're talking about, but all I see is a common Peace dollar in a store-bought holder. No premium. Guy
Some folks might pay a small premium for the Paramount holder. But I agree, a common date in common condition.
Not exactly. These are basically 30+ year old slabs from a company who assigned only two uncirculated grades -- MS60 and MS65. Nobody takes the grades seriously today, but the coins in the holders are still somewhat collectible. NGC will grade the coins inside these holders, similar to what they do with GSA dollars. We sell a few of these in most of our bigger auctions. To be sure, I doubt the coin in this thread will bring anything other than a small premium.
You are right of course that there is a market for these holders. For pricing, I would baseline my estimate at what the coin inside the holder is worth, and maybe add $5 to $10 for the holder, (if you find someone who appreciates these numismatic history items). I believe better coins in these holder can drive stronger premiums. Its a cool numismatic history item either way. I think it would be cool to own one, kind of showing the history of slabbing, (maybe I should buy one just to say I have bandsawed one of these too. ) Chris
I knew the dated dollar in the holder itself was a common date. I guess I was curious if the holder was a novelty type holder as they were early style holders. I believe those were the same style also used for the Redfield holders. With the Redfield pedigree added of course. This one doesn't carry that. I figured the condition was relative in this case since the grading standards were more generic for the time. I've not bought it and was just curious about the slab generally. They are selling it for 100.00 and I'm guessing the holder plays a part in the overall cost based on the coin inside.
Its kind of cool, but with the generic nature of the coin inside, and its condition, I am not sure its the best $100 spent unless of course you are a collector of these holders and simply want it.
I'm not a collector of those or holders in general. I thought the price was a touch high as well as it is a common dated Peace Dollar. Thanks for the input.
They may be trying to sell it as a Redfield dollar which it isn't. The holder confuses a lot of people and you can find a lot of Paramount dollars being sold as Redfields because the seller doesn't know any better.
He isn't touting it as a Redfield Dollar at all.. Actually he doesn't even mention the holder type.. just a slabbed Peace Dollar. Also, if memory serves, the actual Redfield Holders also have the Redfield name on the holder.. This was the first plain "Paramount dollar" that I have seen.. I've seen the others.
