What's it worth? 1870 PCGS Seated Liberty Proof- Colorful Toning

Discussion in 'What's it Worth' started by BigTee44, Jul 10, 2013.

  1. BigTee44

    BigTee44 Well-Known Member

    One of my local coin shops just got this back, like yesterday and doesn't have a price on it. He told me the list price, but said he would probably want more with the colorful toning but his dad was out of town so he was waiting to hear back from him before giving me a price.

    The coin is graded by PCGS but I was wondering what your opinions on the coin was, what do you think it grades and what do you think is a fair price? He said he would work something out where I could make payments on it for up to 3 months(only way I could afford it) but he needs to know before heading to the Chicago show.

    This would be by far the most expensive coin I've ever bought, but it's just such an amazingly beautiful coin. I would love to add it to my collection. proof 1.JPG proof 2.JPG proof 3.JPG proof 4.JPG
     
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  3. DUNK 2

    DUNK 2 Well-Known Member

    Maybe you're just looking for other opinions of grade, but the grade should be listed on the PCGS slab. As for value, you can check out the PCGS website using the button entitled "certification verification." Input the number from the face of the PCGS slab and you will get the PCGS price guide value. . . Should give you some basis to begin the negotiating process.
     
  4. BigTee44

    BigTee44 Well-Known Member

    Yes, but since I've been a member here I've always read "buy the coin, not the slab".....

    Trying to get some opinions with the toning and such.
     
  5. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Proofs are tough enough with good photos, so it is going to be hard for anyone to give a meaningful grade opinion using these images; you might as well just reveal the assigned grade. It is in PCGS plastic, so regardless of what anyone here may say, this is going to be the major determiner of value.

    As for color and paying any sort of premium for it, I am not seeing anything that makes me believe this is that special, but obviously I've not seen it in-hand. While not at all a fan of white coins from this era, for a coin, particularly a proof, to command a toning premium, in my opinion it needs to have exceptional eye-appeal and rest only on natural, undisturbed surfaces.

    As for a reasonable retail value, may I ask what "list" is to this dealer? Locally we've a B&M who considers this to be straight red book, and another wants straight trends, while others generally base prices off of CDN, so generic "list" can clearly have many different meanings.

    Finally, if this dealer is willing to let you make payments over a three month period, chances are that he is not going to allow you much if any bargaining room. This is often the cost of a lay-away option, and little is more frustrating than offering to work with a customer who wants to cash negotiate when the offer is tying money up for months. Not that you would do this, but just something to keep in mind. It is obvious you like the coin and I am sure it would make a fine addition, so hopefully all with work out for you. Good luck.
     
  6. spirityoda

    spirityoda Coin Junky

    there is only 1 1870 proof 62 on Ebay now ..asking price is $1,300 what proof number is yours ?
     
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  7. jello

    jello Not Expert★NormL®

    Who graded this one. Can ya put the ebay link here???
    I like Seated coins even if I can't buy.

    «©ell »
     
  8. jello

    jello Not Expert★NormL®

    This one.

    «©ell »
     
  9. jello

    jello Not Expert★NormL®



    3 could be lucky?
     
  10. spirityoda

    spirityoda Coin Junky

    his here looks like a PCGS holder.
     
  11. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    From the original post....... ;)

     
  12. BigTee44

    BigTee44 Well-Known Member

    PR64 by PCGS

    As far as price, still waiting for the e-mail. Looked it up on the Grey Sheet said it lists in at $1,900.
    The color in the pictures don't do it justice, but it was the best I could do. The blue on the eagle on the reverse is the best, the entire eagle, pure blue. It really is an amazing coin.

    He also had an early 1900 Barber Proof with color for half the price, but if I'm taking a big dive, it's going to be for the Seated.

    Sorry the pictures are poor, the lighting in coin shops is less than ideal.
     
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  13. spirityoda

    spirityoda Coin Junky

    sounds like a good price. seated coinage will always be great. I wish I could afford a seated coin. I always wanted a seated dollar but the prices on those are crazy high. envy is the word. I know you will be happy with this coin for a long long time. let us know if you bought it.
     
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