What is a fair price for this Draped Bust Dollar?

Discussion in 'US Coins Forum' started by Dougmeister, Jul 18, 2017.

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Fair price to pay for this coin?

  1. <$400

    0 vote(s)
    0.0%
  2. $400-$500

    1 vote(s)
    9.1%
  3. $500-$600

    0 vote(s)
    0.0%
  4. $600-$700

    1 vote(s)
    9.1%
  5. $700-$800

    1 vote(s)
    9.1%
  6. > $800

    8 vote(s)
    72.7%
  1. Dougmeister

    Dougmeister Well-Known Member

    1) What would be a fair price to pay for this raw coin?

    2) Do you think that it would straight-grade or get a details slab?

    obv.jpg rev.jpg



     
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  3. Kirkuleez

    Kirkuleez 80 proof

    I'd call it a G-6.5 and would give about 950 for it. A little low for the grade, but the obverse scratch bothers me and should be reflected in the purchase price.
     
    Dougmeister likes this.
  4. SuperDave

    SuperDave Free the Cartwheels!

    Recusing myself here. :D
     
    Dougmeister likes this.
  5. Kirkuleez

    Kirkuleez 80 proof

    It looks like it is in a PCGS holder now.
     
    C-B-D likes this.
  6. C-B-D

    C-B-D Well-Known Member

    Looks graded. The reverse die crack offsets the portrait to appear as more heavily worn than it is. VG10. It's a $1200 coin, easily.
     
    Last edited: Jul 18, 2017
  7. CoinBreaux

    CoinBreaux Well-Known Member

    I think it would straight grade-F12. Cool reverse die crack! I'd say it's worth about $1500.
     
  8. Johndoe2000$

    Johndoe2000$ Well-Known Member

    What's. It graded as now???
     
  9. Dougmeister

    Dougmeister Well-Known Member

    and @C-B-D you are both correct; I misspoke. It is PCGS graded (good call) and I'll post the actual grade in a week or so.

    @Johndoe2000$, the only hint I'll give for now is that it did straight-grade, although I'm not sure I agree... these BIG early American dollars seem to get a pass from TPGs more often than newer and/or smaller coins...
     
    Johndoe2000$ likes this.
  10. ksparrow

    ksparrow Coin Hoarder Supporter

    I'll be interested in seeing the grade, if pcgs took the buckled rev die into account when grading the obv. great looking piece of history there.
     
  11. ldhair

    ldhair Clean Supporter

    I'll guess it got a 12 or maybe better. I don't know these. I like the coin. I'm at VG-10.
     
  12. SuperDave

    SuperDave Free the Cartwheels!

    I'll go so far as to say that Doug and I have been discussing potential DB Dollar purchases off-forum for months - he's approaching this purchase with genuine due diligence - and this is the coin I said that I would be competing with him for if I had the disposable income. I believe it original, by the standards one should apply to a coin that's over two centuries old, and appropriately graded. Even if the scratch on the lower part of the bust is recent, I'd live with it. The bisecting die crack of B-22 is just plain sexy to me, and they're not uncommon so the price won't be inflated by rarity.
     
  13. beef1020

    beef1020 Junior Member

    I'll quibble here and say that as far as type coins I tend to avoid late die stage examples. If one is collecting variety, or die stage specifically, that's a different store. But as a type example, I want as early a die stage as I can get. I want type coins to be as good a representation as what the mint intended to produce as possible, not idiosyncratic late stage with die cracks.
     
  14. SuperDave

    SuperDave Free the Cartwheels!

    Each to his own, of course, and your opinion is as worthy as anyone's. The cachet of this variety, though, is that the bisecting crack apparently appeared almost immediately after the die was put into use, because as near as I can tell there are no examples known without it.
     
    beef1020 likes this.
  15. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    Fine 12 and I see no reason why it wouldn't straight grade.
     
  16. Treashunt

    Treashunt The Other Frank

    What is the rarity for the die marriage?
     
  17. Dougmeister

    Dougmeister Well-Known Member

    I've been told that it's an R-5.
     
  18. messydesk

    messydesk Well-Known Member

    Seems Fine-ish. Neat coin!
     
  19. DBDc80

    DBDc80 Numismatist

    I'd say it's an original vg. The reverse, perhaps a little higher, as the legend on ribbon is typically gone (or nearly so) at this grade level. The bisecting die crack is a nice touch to the history of the coin. The crack is a result of continued striking of the coin after the die cracked. In the early days of the mint, materials were hard to come by. Thus, in some cases, coins continued to be struck until dies were either virtually worn out, or broke entirely. That's what we see here on this coin. As for a price, i would say around $900-1000 would not be unrealistic. An interesring variety reflecting the struggles of the early U.S Mint!
     
    Last edited: Jul 19, 2017
  20. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    Really like this coin just an awesome looking reverse with that die crack. Also glad to see the poll options which seem to imply a coin like this can be had for under $1,000. I always was under the impression 18th Century dollars were all in the thousands to get a hold of. I may need to start saving my 21st Century dollars so I can grab one soon.
     
  21. Dougmeister

    Dougmeister Well-Known Member

    @IBetASilverDollar, make sure you have a comfortable chair, because it might be a while before you find one that isn't all dinged up ;-)
     
    IBetASilverDollar likes this.
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