How Would you Price this Coin?

Discussion in 'US Coins Forum' started by Marshall, Oct 25, 2011.

  1. Marshall

    Marshall Junior Member

    Imitating Lostdutchman's thread is intended to flatter, not to plagiarize.

    What would you do with this? Note It is a Rare (R5) S-147. Also, some of what appears to be damage is a prior strike such as the damage at the face being the back of the head of a prior strike.

    [​IMG]

    For those not familiar with Large Cent current variety rarity ratings, R5 indicates 46-60 estimated examples in existence. In the past, it covered 30-75 but has been split into R5+ (30-45), R5 (46-60) and R5- (61-75). The middle rating of the new usage causes the most confusion with the old broader usage.
     
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  3. mark_h

    mark_h Somewhere over the rainbow

    This one will be tough. I will have to give it some thought on what I think I would pay for it.
     
  4. mark_h

    mark_h Somewhere over the rainbow

    Wow - this is tougher than I thought. Not much I can pull from the web. Hmmm - going to have to think about it some more.
     
  5. lkeigwin

    lkeigwin Well-Known Member

    With all due respect to our inimitable Mr. Marshall...I think I would use it in the fuse box.
    Lance.
     
  6. Searcher64

    Searcher64 Member

    Has to be a AG-3 to G-4.
     
  7. Eduard

    Eduard Supporter**

    Looking at Heritage prices realized, CQR, and using my own judgement I would price this coin at $ 100-170. It is just too scudzy to warrant more.
    Heritage in particular lists 9 sales in the last 10 years. Some nice examples in VG10-VF20 (with moderate corrosion) selling for $ 600-250, max. $ 170 seems reasonable for this example.
     
  8. mark_h

    mark_h Somewhere over the rainbow

    Eduard is probably more accurate than I ever could be. My final price would have been around $100. Simply because I could not see myself giving more than that.
     
  9. Marshall

    Marshall Junior Member

    This consistent with my view that rarity alone will set a floor of around $100 for R5, no matter how worn or scudzy. Any amount of pleasantness will drive the price toward $200 and really nice R5 coins, even in lower grade can approach $600-$800.

    Then again, R6s seem to have a floor around $1500. R4s do not seem to carry more than a 50% premium and those are usually for nicer condition coins which already carry a premium for condition.
     
  10. redwin117

    redwin117 Junior Member

    ALL I can afford to waste is $ TEN DOLLARS because is not certified...
     
  11. dingodonkey

    dingodonkey Junior Member

    On a buying day, I'd pay up to $150 for that coin myself, but I'd make a terrible dealer since I can't price these things very well. I happen to think the strike is _neat_ and would pay more for it based on that alone.

    I will pay a premium for an R4/R4+ coin, but anything less and I'm cheap.

    I'm too poor to afford R6 coins and unfortunately we're not the only ones scouring eBay auctions looking for them ;-)
     
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