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1852 n-23 large cent
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<p>[QUOTE="beef1020, post: 2524134, member: 24544"]I don’t have CQR in front of my, but if you have the last version printed then you need to be really careful with coins like this. CQR is great for what it is, which is basically a listing of recent auction results for actual coins with a price model applied to those prices realized to fill in for grades that were not sold. Does that make sense?</p><p><br /></p><p><br /></p><p>If it does, you can see the problems that arise with coins like the N-23 from the last CQR. The last CQR was based heavily on the Dan Holmes sale, in part because that collection was so vast. This works for normal coins, but there are couple occasions where the auction record listed in the price guide, and hence the prices modeled, were taken from a coin with a very rare die state. So you may look at the pricing information on the N-23 and think that any old ef40 N-23 has a price of $900, but that price was the price realized for an ef40 N-23 in the extremely rare, as in 6 known, die state D. Your coin is die state B, which while still rare, is much more common. </p><p><br /></p><p><br /></p><p>There are a couple varieties where this type of pricing made it’s way into CQR, basically where the variety is overpriced according to the guide because the pricing was based on a significantly rarer die state. With that said, It’s a rare variety in a rare die state and there is a large collector interest for these types of coins. I were selling it and I thought it was a straight ef45 I would probably list it around $500.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 2524134, member: 24544"]I don’t have CQR in front of my, but if you have the last version printed then you need to be really careful with coins like this. CQR is great for what it is, which is basically a listing of recent auction results for actual coins with a price model applied to those prices realized to fill in for grades that were not sold. Does that make sense? If it does, you can see the problems that arise with coins like the N-23 from the last CQR. The last CQR was based heavily on the Dan Holmes sale, in part because that collection was so vast. This works for normal coins, but there are couple occasions where the auction record listed in the price guide, and hence the prices modeled, were taken from a coin with a very rare die state. So you may look at the pricing information on the N-23 and think that any old ef40 N-23 has a price of $900, but that price was the price realized for an ef40 N-23 in the extremely rare, as in 6 known, die state D. Your coin is die state B, which while still rare, is much more common. There are a couple varieties where this type of pricing made it’s way into CQR, basically where the variety is overpriced according to the guide because the pricing was based on a significantly rarer die state. With that said, It’s a rare variety in a rare die state and there is a large collector interest for these types of coins. I were selling it and I thought it was a straight ef45 I would probably list it around $500.[/QUOTE]
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1852 n-23 large cent
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