I just found this in a collection I inherited from my Dad. From everything I'm reading, it's a pretty rare coin. Any guesses on what it might sell for?
Exactly. It was posted in the Error Coins forum originally so I could identify it, but an estimate wasn't really given. I've since spent a couple of hours searching online, and i still don't have a clue. From what i've been reading, it is pretty rare and should hold a decent or even significant value. I'm just curious.
Looks good to me! Value? Probably a low of $300, high of $400 :thumb: The fact that it's a flip-over D/S and not just a normal D/S makes all the difference.
Not too far from Getting an error attributed by a top-tier TPG will cost you an arm, a leg, and maybe your first born.
I don't think any reputable TPGs offer a service where they'll provide their "valuable opinion" w/out slabbing the coin they're evaluating... But personally, given the value, I would have this particular coin certified... but that's just me. It just isn't something you see everyday, and in the end, I think proper attribution by a third-party would benefit you. But again, it's entirely up to you...
Resale wise, sometimes having something like this cert'd can result in a hefty return - monetarily speaking.
Hw is certifying is different than grading? Who does that and what s the average cost? Sorry, I'm new to this hobby.
Nowadays, the two words are used interchangeably. It wasn't this way before the spawn of third-party grading/certification companies in the mid/late 1980's. The third-parties will authenticate and attribute your coin, as well as assign it a numeric grade. Certifying your particular coin (as mentioned) would be pricey. You'll probably be out $75-$80 when all is said and done. I believe the fee just to have an error coin looked at by PCGS's "board of experts" is $40-$45. But you must remember that shelling out the extra money to have a coin certified could result in a substantial return, compared to if you were to sell it raw and uncertified.
NICE COIN! These are pretty rare when flipped over....no problem with $250 or so. You only need to slab it if you're planning on selling it....unless you're a slab collector.
The thing is you DON'T need to pay the $45 -$50 Mint Error fee to get it slabbed and graded. You only have to pay that if you want the error identified on the label and as mentioned the error in this case speaks for itself.