What is the Value of a "Details" Graded Coin

This should be at least scrap Gold value?
From my collection -

 

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Beauty is in the eye of the beholder!

 

Actually..

 

As has been said "ad nauseum" on this forum by far more experienced collectors than me, it's the coin, not the slab AND beauty is in the eye of the beholder. I like to see a coin that has naturally toned to a beautiful hue rather than a blast white. As far as details, again it all depends on the severity of the damage. There is no wrong or right. One collector's "detail" treasure coin is another's "detail" junk.

 

It depends what you like. My current project is to try for a details 12 piece gold type set (going to try for all ex-jewellery). Doing it because my first gold was a ex-jewellery 1857-S quarter Eagle( which it self is a less common pre-civil war branch mint never mind some of the extra history from it being jewellery)

So in my strange case I might pay a bit extra if a particular( double Eagles perhaps) are almost impossible to ex-jewellery or mount removed. For me it is interesting and add to the history.

 

Please tell us you’re not being serious about this “ex-jewelry” gold type project”.

 

Why not? I can see why he's doing this; will match his very first gold coin, and will be affordable, and he likes the idea of it.

If he's good, he'll buy most/all of it at scrap pricing, and it'll be like he's gold stacking. Which, IMO is 100x's smarter then stackers that pay a premium for an ASE, just to stack.

 

Like I said, it's his collection and he can do whatever he wants. If he wants ex-jewelry coins, fine, go for it. Not my thing but I'll not knock them for it.

 

In the case of details coins, it all hinges upon the value of the coin, and its rarity. A details 1881s Morgan Dollar is not worth much—definitely less than half of its slabbed value, and probably close to melt. On the other hand an 1893s or 1889cc Morgan would still have substantially more value. Of course, it would never be the same as a problem free coin, but it would have intrinsic scarcity value. So, the answer is, how valuable is that date, type, and variety of the coin? Most importantly, how bad is the problem? Is it grossly deformed, or can you, the buyer, live with it, knowing that it has value to YOU. Is resale impacted? Obviously. As a general rule of thumb, the AVERAGE details coin, most frequently for cleaning, is worth 50% less than a problem free coin of the same situation.

 

Target sell would be somewhere between cost and retail.

 

Starting to think your not really a nut then. Kinda wise

 

But not worth the haggle when selling. They beat you to death cuz of it being detailed. And rightly so

 

Thank you.

 

Thinking detailed coins are personal keepers. Can’t imagine how long it would take to get what you paid for it. Am I right?

 

God I really want to believe you. But that 2nd coin would still be the best coin I might own. And that would be so sad

 

This is very true. A holed seated half, a type not that scarce nor as sought after, will bring 10% of problem-free value. This is pretty consistent among all grade levels. A holed seated/trade dollar, however will consistently bring 20-30% of problem-free value.

Coins with a higher demand are less affected value-wise by problems than common coins with low demand.

 

It really depends on the audience/site. I posted on this site, the following, as I consider viewers to generally be very frugal: https://www.cointalk.com/threads/19...ian-5-gold-w-ser-no-450-coin-ebay-ppd.359179/ A very poor image! Great Terms! The coins were generally previously in other TPG graded slabs, sight-seen purchases. Beautiful Coins! Many views, greater than all others, but not an offer. I placed the same ad on eBid, which I consider the next most conservative. Same consideration! I let the ad run its course, while incrementally adjusting the price upward, receiving the ludicrous offers, down to melt -25%. No, Thanks!

I placed the ad with an increase on Craigslist, for ~1 month, receiving normal "dealers" offers. After a final upwards adjustment to ~eBay-raw/details sales-price -5%, I received an urgent offer from a past volume buyer who had moved 200 miles away, but drove here with a list of other coins wanted. I anticipated his needs, selling 2 additional coins, and promising more, offered through eBid, delivered by USPS Ppd.

The day of sale, I received 2 additional calls for purchase, where substitute coins were accepted by individuals who thought the offer was a scam, too good to be real. The return offer was abnormal/unrealistic, and they finally had to relent. They want virtually any Gold U.S. details or raw coin I can offer at less than other sites, with return capabilities.

Generally, dependent upon site/feedback, a comparable last-second raw coin price offer is believed reasonable for a purchase.

JMHO

 

No, Not Necessarily! I surely don't expect to realize a profit/less than my purchase price. I recently liquidated a large sum of stock at a 30% loss to purchase some Classic Gold at less than recent market value. Relative Value is a subjective thing! I constantly buy/trade.

JMHO

 

My "Details" coins are the Morgan Dollars that I bought raw and sent off (with high hopes and a big check) to a TPG. I learned a lot about being more cautious when buying raw and about the cost and value of getting every coin graded by TPG.

 

This is a nice little myth the TPGs promote to stir up business. There are lots of coins that are worth more raw because they are otherwise ignored due to the label. Being in a raw state forces buyers to look at the coin and judge it for themselves.