1865 three cent piece

Discussion in 'US Coins Forum' started by Dell Investor, Oct 20, 2004.

  1. Dell Investor

    Dell Investor New Member

    Question to all. I am looking at a 1865 Silver Three Cent piece that is PCGS graded proof PR63. What would be considered a fair price for this particular coin. I know what the red book says, just wondering what the experts on the site think. ( I am assuming it is PCGS certified as it is in holder marked PCGS with a series of numbers on the label)
    Thanx in advnce.
     
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  3. Dell Investor

    Dell Investor New Member

  4. Pennycase

    Pennycase New Member

    It depends on how much you want to spend on it, there are really no price guides out there that are written, only values that are held by the person wanting the coin. But, if you wanna go price guide, I would say in the area of around 700.00??? Something like that I suppose
     
  5. Dell Investor

    Dell Investor New Member

    I'm thinking that I should be able to get if for no more than $200 dollars.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    I'd say $425 - $450 max.
     
  7. Pennycase

    Pennycase New Member

    And that's why I don't do price guides, I would be getting ripped off too much :D . anyways, if you already know you can pick it up for 200.00, why do you need our opinions??? if ya like it, buy it :D:D:D:D:D
     
  8. Dell Investor

    Dell Investor New Member

    Pennycase....I am a newbie and was just looking to make an informed decision. :cool:
     
  9. Pennycase

    Pennycase New Member

    Yeah, didn't mean to come off as harsh or anything, it's just.... If ya like the coin, and you are willing to pay the price tag on it, by all means go for the goal, just make sure someone out there doesn't have one that's even nicer, at the same amount or below the amount of the first. And if you can find a local coin shop, with a dealer who basis his prices on what is selling and what isn't, then you are well on your way, it's easy enough for me to stop into my local shop, and pick up a coin for 25.00 that was marked 150.00, simply because it's been sitting there too long. Once you get over into Oklahoma, you don't find that many people who collect errors avvidly, therefor prices are well below commen price guide values in any magazine and or book. Even if you have to travel out of town and drive a bit of ways to get the right deals, it might be a good idea, the only coin shop I will go to is about 40 miles away from here, and that 5.00 in gas is worth it to get 30 - 70 % off retail of what other places would charge.
     
  10. National dealer

    National dealer New Member

    WOW, you guys are dirt cheap on this one. For all dates except 1865, 1877, and 1878 the figure of $300 to $400 would work. The 1865 and 1877 are considerably higher. Greysheet lists the 1865 bid at $1185.00 so if you snatch this one up RUN to your nearest dealer.
     
  11. Pennycase

    Pennycase New Member

    I knew around 800.00 was close to what it's valued at...
     
  12. National dealer

    National dealer New Member

  13. jody526

    jody526 New Member


    I see that theory has proven to be incorrect. :(

    It will be interesting to see just how much it does sell for.
     
  14. Dell Investor

    Dell Investor New Member

    Two questions: First what is a "greysheet" and can I get them somewhere? Second, I noticed that the NGC coins seem to have a higher bidding price than the PCGS coins. Is this due to the slightly higher rating, say a 67 oppossed to a 68, or is NGC a more stringent grader? Or none of the above..... :confused:
     
  15. Dell Investor

    Dell Investor New Member

    Also, just want to let you all know I am serious about this I have joined the ANA, got my membership packet yesterday. And I will be attending our local numismatic club meeting next week. :D
     
  16. National dealer

    National dealer New Member

    The greysheet is The Coin Dealers Newsletter.

    It is a dealers wholesale newsletter, requiring a subscription. I do not recommend it for most collectors. You may wish to buy a single copy a couple times a year. That will work for most purposes.

    http:www.greysheet.com

    Many believe that NGC is more consistant than the other grading services. I am one that does. Most coins still fair better in a PCGS Holder though.
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    Hey Nd - you ever think the Greysheet might make a mistake or just plain be wrong ? Go check Heritage - the last 3, 1865 silver PCGS PF63 that have been sold in past couple of months have all sold for less than $450.

    Or are you looking at some grade other than PF63 ?
     
  18. National dealer

    National dealer New Member

    CDN Quarterly 1 Oct 8th, 2004 Bid $1185.00 Ask $1310.00

    CDN Quarterly 2 Aug 13th, 2004 Bid $1185 Ask $1310

    Same goes for Quarterly 3 June 11th, 2004

    At less than $450 I would buy every piece I could get my hands on.

    At 500 minted, how many survive today? Has the lowest mintage of any year.

    Why Heritage doesn't command the interest is beyond me.

    I can only write what amount I see, and I know other dealers would be paying.
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    Well - as always - I guess it depends on the buyer. It's not the lowest mintage though - '63 & '64 both have lower mintages. But not by much. Am kinda curious to see where that 1865 PF65 ends up - only $900 now.
     
  20. National dealer

    National dealer New Member

    OOPS, My deepest appologies, I was looking at 3 Cent Nickels. (We can all say DUH) I jumped the gun on this one.

    The 1865 3 Cent Silver has a current bid of $365.
     
  21. jody526

    jody526 New Member

    Now that the auction has ended, I thought it would be of interest to those that had followed this thread to see how it turned out.

    LINK
     
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