Was someone asleep?

Discussion in 'US Coins Forum' started by Detecto92, Oct 10, 2012.

  1. Detecto92

    Detecto92 Well-Known Member

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  3. RedRaider

    RedRaider Well-Known Member

    wow....hope you nabbed that one. Good deal for a slabbed 65, regardless of the date!
     
  4. Good deal. What's the line running thorugh the slab? TC
     
  5. Detecto92

    Detecto92 Well-Known Member

    Looks to be part of the design of the table.
     
  6. thecoin

    thecoin New Member

  7. Mat

    Mat Ancient Coincoholic

    Someone got a fairly good deal.
     
  8. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

    :eek: that won't fit in your album! ;)
     
  9. Tom B

    Tom B TomB Everywhere Else

    You actually paid more than you had to for this coin because a raw example will cost you a few cents less and likely be nicer. There are many PCGS and NGC certified coins that don't grade high enough and don't have enough eye appeal to justify their certification costs. Sometimes these coins are sent in by novices, other times they are sent in to make a minimum submission number and other times they go in with a large group where some in the group are bound to do very well and make money for the submitter.
     
  10. petro89

    petro89 Member

    The appeal of this coin is neutral at best, so I wouldn't go much more than maybe 2x melt since it is a graded 65. Not a bad deal, but as stated there are nicer raw examples with positive appeal/toning for less. All in all a fair deal :)
     
  11. Treashunt

    Treashunt The Other Frank

    not asleep, melt about $2.20, a deal without postage.
     
  12. 19Lyds

    19Lyds Member of the United States of Confusion

    I agree, not asleep. It's just that nobody really cares for an MS65 Roosevelt with splotchy toning.
     
  13. dingodonkey

    dingodonkey Junior Member

    I don't care if you like the coin or not, that's the kind of thing you grab without thinking twice. Easy to flip for a modest (but strong percentage-wise) profit and with next to no downside.
     
  14. ML94539

    ML94539 Senior Member

    Well PCGS value is only $5, with shipping the coin cost $4.47. So the buyer saved. $.53. I doubt dealer would pay much more than melt value for it since the toning is not attractive. For 1959. it's not really particularly expensive until MS67 level.
     
  15. rodeoclown

    rodeoclown Dodging Bulls

    Perhaps in another decade or so. Turn around and sell it rather soon and you might, just might make a few cents after the selling fees or possibly lose money on it since no one really wanted it this go round, probably because those splotched tones are rather ugly if you ask me. ;)
     
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