A Good Value?

Discussion in 'US Coins Forum' started by Shawn151, Mar 2, 2010.

  1. Shawn151

    Shawn151 Junior Member

    I found a new local dealer that seems to be a reasonable and fair seller/buyer so far and there is a coin there that absolutely BLEW ME AWAY!! lol

    He has a slabbed (NGC I believe) MS64 1860 Indian Cent. This coin is unbelievable in color, luster and just pure detail.

    Anyway, he is asking $400 for it. Does this sound like a good and reasonable deal? If so, I would love to go back and talk to him again about "taking it off his hands"
     
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  3. bhp3rd

    bhp3rd Die varieties, Gems

    If NGC MS-64 - (be sure it's not a MS-63), (be sure it's not NNC or any other type lettering) than NGC, it's a good price for that coin.
     
  4. Shawn151

    Shawn151 Junior Member

    Thanks bhp. If I do decide to go and talk to him about that coin, I will make sure to check in greater detail.

    Btw, he said something about being a NGC certified dealer.
     
  5. desertgem

    desertgem Senior Errer Collecktor Supporter

    It is of course a long shot, but always check 1860 IHC for the type of '59 bust which is pointed at the neck rather than rounded. Unless variety fees are paid on submission, the label won't say. But sometimes buyers can get lucky and it is a nice hike in value. SO if you are familiar with it, check out FS-01-1860-401. If it is, I would quietly and quickly pay the asking price.

    Jim
     
  6. sweet wheatz

    sweet wheatz Senior Member

    I thought the only pointy bust was the 1864
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I would consider it a good buy :)
     
  8. mark_h

    mark_h Somewhere over the rainbow

    Nope - 1860 and 1864.

    To the original poster - all I can do is repeat what they already said. Probably the rounded bust variety, but still a decent price.
     
  9. Goldstone

    Goldstone Digging for Gold

    You best post pictures
     
  10. borgovan

    borgovan Supporter**

    It depends if the coin is BN, RB, or RD. If it's BN (brown), it may not be so hot of a deal, though still not bad. Also, make sure it's NGC and not some nonsense TPG.
     
  11. 2CentRick

    2CentRick Senior Moment

    I may be wrong but I think that the TGPs do not give a color designation for the copper-nickel cents.
     
  12. Shawn151

    Shawn151 Junior Member

    Big thanks to all who have chimed in. If the chance does come...I will be more then happy to post picks of it! lol
     
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