What's A Fair Market Value For This Coin?

Discussion in 'What's it Worth' started by TJ1952, Mar 28, 2016.

  1. TJ1952

    TJ1952 Well-Known Member

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  3. Paul M.

    Paul M. Well-Known Member

    Can't say from those pictures. This one sold for $3348.75 in November 2013 (granted the one I linked was a PCGS coin). If it could cross at 67, it would be worth a bundle. If it doesn't cross at grade, it's worth significantly less.
     
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  4. Markus1959

    Markus1959 Well-Known Member

  5. Markus1959

    Markus1959 Well-Known Member

  6. TJ1952

    TJ1952 Well-Known Member

  7. TJ1952

    TJ1952 Well-Known Member

  8. Paul M.

    Paul M. Well-Known Member

    It's not, necessarily. The seller is asking $2380 for it. There's frequently a big difference between what a seller wants and the market price. I would be absolutely shocked if they got that much for that coin unless they crossed it over to PCGS at grade.

    In the case of the $145 one with the overexposed pics, it's also hard to tell, but that one might be a 66 instead of a 67. That, in combination with the ICG plastic probably accounts for the pricing.
     
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  9. Markus1959

    Markus1959 Well-Known Member

    A seller can ask whatever they want! NEVER will get it BUT will get the rest of his auctions looked at!!
     
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  10. Amos 811

    Amos 811 DisMember

  11. Markus1959

    Markus1959 Well-Known Member

    WOW- "WOMEN ARE WONDERFUL?
     
  12. SuperDave

    SuperDave Free the Cartwheels!

    I don't think there's any real expectation among knowledgeable numismatists that an ICG MS67 Lincoln would cross at grade to either PCGS or NGC. I'd be valuing this coin around the 65 level, especially given the execrable images.
     
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  13. Rick Stachowski

    Rick Stachowski Motor City Car Capital

  14. TJ1952

    TJ1952 Well-Known Member

    Assuming the grade here is correct, the "max" (Fair Market Value) would be $350.

    [​IMG]

    1960 ICG Small Date MS 67 RD Lincoln Cent Penny 1c Red Valued at $3,400, asking $2,380.00.
     
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  15. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    That is Correct ( 350.00 ) and make sure you book-mark the FMV site too ......
     
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  16. TJ1952

    TJ1952 Well-Known Member

    Yes, that site has been added to my bookmarks. Thanks! It's shocking the prices some people ask for and think they might get! I thought there was something special about this coin I was missing. Buyer beware I guess. Since people are putting those kinds of asking prices out there, I guess there are idiots (people with money to burn) willing to pay it.
     
  17. SuperDave

    SuperDave Free the Cartwheels!

    Honestly, not really. If you search Ebay ended auctions, and include "not sold" in the search, you'll find that the vast majority of this ridiculousness goes unsold.
     
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  18. TJ1952

    TJ1952 Well-Known Member

    Thanks Dave!
     
  19. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Have some fun with the seller, tell him FVM is 350 and you'll give him ???

    dead-horse.gif
     
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