I did not bid on this slabbed trade dollar; good decision or not?

http://www.ebay.com/itm/291060602714

1877-S TRADE DOLLAR ANACS GRADED AU 50

It went for US $168.99 [43 bids] with $3.75 shipping.

I am staying away from unslabbed trade dollars. I only saw this one a few hours ago and did not have time to research it.

Did the buyer get a good deal?

 

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I'm no expert but I payed $350 for similar trade dollar in au 50 PCGS 9 months ago at a coin show for my type set. when I was doing my research/searching they went about 300/350.

 

If he likes the coin, that is all that matters.

 

The one in the OP was an ANACS AU50 Details grade.

 

^

Yes, I'm aware of this, I was noting my own experience.

 

I don't think you missed out on much. The price looks about right.

 

eBay completed auction history shows only 3 other slabbed AU50's that actually sold (1 PCGS, 2 NGC) and they went for $250-$300.

(And I realize that ANACS does not bring as much in an auction as NGC or PCGS, but is it really *that* much less?)

 

Every coin is differnt. buy the coin not the slab. the coin you posted was cleaned, the others were not

 

Slabbed but not labeled as cleaned? What gives?

I *saw* what looked like hairline scratches, but since it was slabbed, I thought it must be something else.

 

It is clearly labeled Cleaned

 

Duh. Thanks.

Never bid when you are tired...

 

It is labeled as cleaned.

 

The real problem with trying to tell if it was a good deal or not is that the poor photos keep you from being able to tell how badly the coin was cleaned. It could still be a very attractive coin and so a good deal, or under all that glare from the plastic it could be a heavily hairlined off color disaster

 

Cleaned is one thing harshly / Improplerly cleaned another I've seen coins labeled details cleaning in a pcgs slab due to glossiness from dipping I've others labeled cleaned that look like a belt sander was taken to them even if detailS buy the coin not the slab but rely on the slab in the case of trades as a label of authenticity unless of course it a fake slab too

 

Better you skip on something that is detailed without decent pics to let you know how bad or good the coin looks . Still not a bad price unless it was cleaned with a Brillo pad .

 

Unfortunately so many coins are or 0000 steel wool

 

Stay away from some "slabbed" ones, too.

 

Too many fake slabs . Were these on ebay ?

 

I think you were correct to stay out of the bidding. No one has mentioned it yet, or maybe I missed it, but not only is it a cleaned coin, but I really question the grade. Maybe an XF example, but surely not AU!

 

Yes. EBay.