Is this coin worth it?

Heres the front and reverse!

 

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Any dealer will only give you about 60% of retail or less. If the coin list for 100.00 then they will offer you about 60 or more. That will depends on the coin needs.

 

I don't like the dark areas on the reverse.
I understand that a "guide" is not etched in stone.
But AU 50 1909-S VDB can go for 1500 not just 1250.
The market really must be depressed. I had an opp.
at an unslabbed F many years ago and it was $715.
I would rather have a slabbed AU 50 for 975 than an unslabbed F for 715.
I think if you are negotiating from a position of strength, $900 is a fair
deal. Personally I wouldn't pull out 8 hundred first. I would do the negotiating, and come to an agreement, and then pay in cash.

 

I saw an MS63 go for $2100 at auction 2 years ago, I'm really not sure what's been up. I guess it depends on demand in the moment. I saw a VF35 for $700, so surely $975 for a AU50 can't be tooo awful.

 

You are REALLY trying to talk yourself into this. I don't think you would lose money in the long run, but as to how much you would gain...anyone's guess. Hey, what is greysheet on this?

 

That he certainly seems to be and this isn't a coin someone without a keen eye should be so eager to purchase, but what the hell do we know? He'll learn, one way or the other.

 

I may have only been collecting for 4 years, but I would think I know a deal when I see one. I've kinda been out of it because of my training and all, but I still know this is a legendary and sought after piece, surely the military hasn't brainwashed me of that. C'mon, you can't act like you have all the answers @BooksB4Coins "He'll learn", like really? I am sure there are better ways to state that. I am glad you have all the answers though, you really have persuaded me to go to the store and buy this one first thing tomorrow.

 

Good luck.

 

First off, thank you for your service.

About the coin, it may be AU50 but I think it has terrible eye appeal. Maybe it’s the pictures, how does it look in hand?

 

Perhaps, and perhaps not, but you've inadvertently highlighted the underlying concern here.

I'm so terribly sorry for not doing everything humanly possible to ensure my wording didn't trigger you. By now I should know such straightforward face-value statements are simply too much for some to handle.

And this has nothing to do with supposedly "having all the answers" but believe it or not some of us have seen this exact same scenario play out many, many times and maybe, just maybe, had hoped to save you from possibly suffering the same fate. Trust me, it was a mistake I'll not make again.

Brilliant move, sir, and one that will certainly teach me a lesson!

Still, I hope all works out well for you... "one way or another."

 

I’ll say this. I was in the Army when I was 18 and when I had money in my pockets I was far more interested in spending it on beer and girls than considering any sort of purchase that may yield any potential of having any long term value. I tip my hat to him.

 

Sorry, that’s not how taxes work. One doesn’t pay taxes on inventory. One pays taxes on gross income; i.e. the more a dealer sells in a year, the more taxes they pay. Amount if inventory is irrelevant.

 

Granted it is a dance that us businessmen do every December-January depending upon how the corporation is structured. I can assure you my inventory is certainly a taxable asset.

 

You've obviously never had a business in a state that has an inventory tax. If you do then yes you DO pay taxes on what you have in inventory as of a certain date. Sometimes they are called property taxes, but they are levied on inventory.

 

Read up, and find a friend who knows coins to help. Collect coins if you enjoy them