1886 Seated Half NGC MS64+

Discussion in 'US Coins Forum' started by LostDutchman, Sep 10, 2014.

  1. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    Here's a little sweetheart I picked up this morning.

    IMG_6474.JPG IMG_6476.JPG IMG_6479.JPG
     
    Catbert, Effigy303, Jwt708 and 9 others like this.
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  3. drathbun

    drathbun Well-Known Member

    I need it! :woot: ... and my birthday is coming up...
     
  4. medoraman

    medoraman Supporter! Supporter

    Nice one, much rarer than the proof issues. I had most of these from 1880-1889, but don't remember which I was missing. TBH I haven't looked at any of them in over a decade.
     
    Last edited: Sep 10, 2014
    LostDutchman likes this.
  5. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

    That's a heck of a disproportionate shoulder. The 1886 dime and quarter seem to keep the proportions in line. Wonder what happened to this denomination.
     
    Endeavor likes this.
  6. Aidan_()

    Aidan_() Numismatic Contributor

    Very nice coin LD. :D

    Maybe Miss Liberty didn't want to be on the 50c piece.
     
    Endeavor likes this.
  7. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Just curious but what would a retail price be for such a piece? Numismedia has a 64 trending upwards (actually this coin seems to be trending up in general across all grade levels), and 64 is right before the big price jump and I know that + will add a premium, were talking almost triple for the money for the next grade point, so this one should command a nice sum.

    Ill even just take a simple over/under at $3,000 if you dont want to divulge too much info.
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    As the owner of the coin he's kind of limited as to what he can say because of the forum rules. So he can't really answer you.

    Of course you can always contact him privately.
     
    LostDutchman likes this.
  9. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Really?!?! Its not like it is even a vague veiled attempt at trying to purchase the coin from Matt. I wouldve PM'ed him personally about such a matter. The reason I asked was for the learning experience for myself and the crowd. Like I said, Numismedia has this coin trending up in all grades, it has a '+' designation, and jumps by almost triple at the next grade up. As a business owner and as open as he is on this site about his practices and such, I was just curious what a retail value would be, not necessarily EXACTLY what Matt has stickered on the coin in his shop. Its more so I know how to approach such coins in the future, as this is similar to my series and is tough spot to evaluate, at least for me.

    Which is kind of why I left the over/under part at the bottom as well, so he can simply respond with

    "Over"

    or

    "Under"

    Which leaves no rules broken or puts an exact number out there to protect himself by what you described above.

    Like I said this is a tough grade on a coin when the book triples at the next grade. Some people view the plus as enough to kick it up to a 65 price range, and I am just curious as to a real life setting. I mean what better way to learn right?

    So with all that being said, would Matt still have a problem answering this question?
     
    LostDutchman likes this.
  10. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    The coin is under the $3k mark.
     
    treylxapi47 likes this.
  11. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

    Just another dealer showing us a coin without a price tag.:bigtears:;):D
     
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  12. spirityoda

    spirityoda Coin Junky

    "I need it" but I can't afford it. lol gorgeous coin. :blackalien: my birthday is in October... you would make my day/year with this 1. lol jk
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    Which is EXACTLY what the rules of this forum require him to do.

    And trey, Matt has to tread carefully when he posts coins here in the regular sections of the forum because of the forum rules. (and so does everybody else) So yes, he can post the coins he gets into his shop and share them with us. But he is forbidden, by the rules, to ever mention price. My comment didn't have anything to do with you - and everything to do with him.

    Of course if you had asked - what do you want for that coin Matt ? That too would be breaking the rules. But you didn't. By the same token, your question did push right to the limit, as did Matt's answer. But in my opinion neither one crossed the line.

    Now Matt knows all of this, but not all other members do. And that is the reason for my comments - to clarify the situation.
     
  14. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

    I know, keep up the good work.
     
  15. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Back off my series' older sister, man. And besides Matt has already made arrangements for this to be my wedding present :)

    Birthdays come around every year - weddings well HOPEFULLY they dont come around every year. One of these will be enough for me.

    23 more days to go guys....dun...dun...duuuunnnnnn
     
    LostDutchman likes this.
  16. Treashunt

    Treashunt The Other Frank


    ask for a pm
     
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  17. treylxapi47

    treylxapi47 Well-Known Member Dealer


    Thank you for the clarification, and I can see how people may not know the rules enough to know that my post was intentional in its wording to help prevent any rule breaking on either side. I was trying to police myself before you had to.

    Now I still have yet to really have my question answered, and really its because my question wasnt ever clearly worded. I alluded to it, but never really put it down as I thought my replies would push the conversation in that direction but now I have to outright ask.

    Matts provided answer did help me to understand that the gap wasnt as wide as I thought for such a coin, but I still would have a problem putting the correct price on this piece. The $3,000 threshold I provided let me know that it was a realistic price, at least by what I would consider at first glance (as a buyer). However with such a wide margin and almost any number in between being acceptable, how do you pinpoint a fair price without leaving yourself short as a seller.

    As a buyer I also have an interest in the flip side of this because I dont want to pay at or near a 65 price for a coin that is technically only a really nice 64. It just seems a difficult place to price a coin.

    I guess if I were in Matt's shoes I would look at some 62-63s, 64s and 65-66s to get an idea what everyone else is asking (or has sold for) in this range and try to shoot for something leaning heavier towards a 65 price myself. As a buyer I would want this coin as close to 64 prices as I could get.

    So how do we bridge that gap? How is it correctly valued? Something like this seems to be a crap shoot, and I can even see several dealers with better than 65 prices on this hoping to find someone believing it would upgrade.
     
  18. treylxapi47

    treylxapi47 Well-Known Member Dealer

    For the second time in the same thread, I have NO interest in buying it and am asking for educational purposes for myself and the whole community. See my new reply.

    Also, I think Doug already hinted at asking via private message IF I were breaking any rules. The Rule Master has spoken and I am not, so please lets keep the topic moving, not rehashing how close I came to breaking a silly rule that isnt even in context to what I am asking.

    Post # 7

     
  19. Treashunt

    Treashunt The Other Frank

    sheesh, never mind.

    Just trying to help.
     
  20. Treashunt

    Treashunt The Other Frank


    But, sweet coin porn --

    That's my Matt!
     
  21. Treashunt

    Treashunt The Other Frank

    Matt:
    In keeping with my logic whenever I examine a coin:

    What is keeping it from being a 65?

    Whenever I see, for example, say a 64 or a 63, I always ask myself, or the dealer, 'what is keeping it form being a higher grade?


    That is one way to learn to see problems or what the 'experts' see.
     
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