Book value is $48 for MS 63, could get the coin for $50. Not sure if the die crack on the back 1-3 o'clock and toning would increase the value. There's a thumb print on the bottom.
Buy it if you like it. Hello zachfromnj, It looks like an 1885 in MS63 with some attractive natural toning. It is kind of bag marked on the obverse but IMO it is a good 63. Buy it if you like it. There are many others slabbed in 63 if that is what you need for your collection.
I need that date and I like the toning *new obsession* :goofer: so looks like i'll kill two birds with one stone on this one. Thanks for your opinion
Have you seen the coin in question or is this a dealers photo? My only concern is that the thumb print might bother you when you have the coin in hand. What book value are you referring to - just curious? $50 is about correct and my final comment is if you like it then go for. I agree it looks decent for a 63.
Fingerprint bothers me. It is for that reason (slabbed or otherwise) that I would be deterred from buying this coin. But that's just little old me.....
Overall I like the coin and If I was in the market for one then yes I would probably buy it. You will probably want to keep an eye on it after you buy it, th toning at the top of the obv will probably continue to spread and deepen in color. It is caused by the label in these "no line fattie" NGC slabs It was the reason they evntually put the groove and key (The line) in the slab, it was to separate the coin away from the label.
Which book value are we talking about? I would definitely subtract 10-25% for the fingerprint. There is no price too cheap for a problem coin! Find one for $50 without the problems if you can. You make your profit when you buy....
I ended up buying the coin :hammer:.. I normally go by the prices from http://numismedia.com/fmv/fmv.shtml
Glad you're happy... Although I wouldn't have bought the coin, due to that fingerprint, I can see that you saw some real beauty in this coin. Remember, the MS63-64 market is very similar, are there are TONS of coins that are in those grades... Keep looking, until the right one comes along.
Forget "book value". Some dealers have MS64's for sale for at less than $50 and MS63's at less than $40. If you really like it and don't mind paying roughly a 25% premium for a common coin, that's fine. But, you should be aware that the "book value" means very little.
Just out of curiousity, was there a postage, handling, shipping, insurance fees? If so, then you really have to add that to the $50 unless you purchased it at a coin show or coin shop. In some areas there is also a sales tax and even on coins. If so, you really have to add that to the $50 also. I only mention this because so many say things like I paid $20,000 for that car but don't mention virtually hundreds and hundreds of other costs thown in after that price.
