I have my eye on a VG-8 1932D in an ICG slab. Wants $110.00. Good deal or pass? It has been in the case for months and months and hasn't sold. Thinking about trying to get him down to $100.00 or better, but let's say he holds at $110.00, is it worth it?
You might want to take a whack at this one instead. http://coins.ha.com/c/item.zx?saleNo=131348&lotNo=28062 This NGC example will be much more liquid if you ever decide to sell. For that grade, in ICG plastic, I wouldn't pay more than $50. These go for around $75 in PCGS plastic, and even in you include the shipping, they are still around $85. In summary, I would advise against buying the coin you posted about.
I realize the 1932-D WQ is considered the "key", but it is nonetheless a common coin in a common grade. You should be able to obtain one for $80 or less and at $110 you would be buried, in my opinion.
Offer him $75, I've found several that have sold for under $85 on eBay, including an ICG VG8 32D Washington. Numismedia lists price at $87.40
I can't believe the coincidence. A couple months ago I bought the exact same coin at a coin shop in the exact same slab (ICG) for the exact same price. I thought it was a good deal because CDN bid was $110. Needless to say I was disappointed when I looked at completed sales on Ebay. Also I later noticed that it had signs of cleaning, which leads me to another question. Some of the lower grade 32D's and 32S's I looked at on Ebay, even in problem free PCGS/NGC holders, looked like they had hairlines from cleaning. Is this a coin that the grading services are more lenient on?
It is likely the hairlines you are seeing are simply circulation marks. WQs with this much wear are pretty flat coins and any sliding of a coin will leave hairline scratches on the surface. The difference between cleaning, die polish and circulation scratches confounds many collectors.
Well, I got him down to $90.00. Told him I would let him know by this afternoon whether or not I would pull the trigger. Still pass? Or go for it. He paid a little less than that for it, so he has to make a little.
