Would you buy this?

Discussion in 'US Coins Forum' started by Omegaraptor, Mar 28, 2016.

  1. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

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  3. jwitten

    jwitten Well-Known Member

  4. Player11

    Player11 Bullish

    No Way - You could probably get a nice slabbed $2.50 Indian AU 58 or above for that.
     
  5. Paul M.

    Paul M. Well-Known Member

    That's a nope from me as well.
     
  6. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    One totally worn and another that is not a coin anymore? No thanks.
     
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'm with the no crowd. For the price you can get 1 nice graded coin.
     
  8. jwitten

    jwitten Well-Known Member

    You can get MS62 for that price (one coin that is)
     
  9. Small Size

    Small Size Active Member

    Melt value is $295.00. That's what they're worth.
     
  10. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

  11. Small Size

    Small Size Active Member

    Agreed. They'd need to be assayed.
     
    Paul M. likes this.
  12. Markus1959

    Markus1959 Well-Known Member

    Buy something that you can easily resell if ever the need came up!!
     
  13. dwhiz

    dwhiz Collector Supporter

  14. messydesk

    messydesk Well-Known Member

    No way. Even if the one hadn't been made into a crude love token, it's still priced significantly above melt.
     
  15. JPeace$

    JPeace$ Coinaholic

    No, save the money and find another coin.
     
  16. Mainebill

    Mainebill Bethany Danielle

  17. Santinidollar

    Santinidollar Supporter! Supporter

  18. ThinnPikkins

    ThinnPikkins Well-Known Member

    He will have to sell those locally. Hes figured melt+fees into account, but in a buyers eye, its a 40 dollar premium for melt junk. Im sure someone will buy though.
     
    ChangeinHistory likes this.
  19. MMiller750

    MMiller750 Active Member

    Is it worth $300 shipped? I asked him if he would cut a deal outside of Ebay and he said that is how much he would need to get for them.
     
  20. SuperDave

    SuperDave Free the Cartwheels!

    From Small Size, above:

    As of this morning, latest melt value is $297.52. So, technically, the gold value contained in those coins probably justifies a $300 expenditure. Until we factor the circulation of the 1854 and the horrendous damage done the 1873, both of which have cost the coins some unknown amount of gold weight. And this is relevant, because we're splitting hairs here to try and assign a value to these poor coins.

    Another relevant factor is, how would you get rid of them when you choose to "cash out?" I'd think the pessimistic responses in this thread so far would be a pretty clear indicator that finding a buyer would be problematic at best.
     
  21. MMiller750

    MMiller750 Active Member

    I was going to try and buy them and hope that their gold weight was still in tact and I could sell them at melt, there are a TON of people on CL in my area buying at scrap, and I think with a small bump in gold I could make a few bucks pretty easily.
     
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