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A Few Coins from My Collection #12 (Gold Dollars)
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<p>[QUOTE="kanga, post: 684486, member: 9270"]A mildly interesting side story.</p><p>When I was still looking for gold dollar coins for my type set I spotted one at a middle-sized coin show.</p><p>It was sitting there all alone; obviously it wasn't part of the dealer's main sales line.</p><p>It was an 1862 in NGC AU-58, perfect for what I was after.</p><p>So I whipped out my greysheet and asked the dealer the price.</p><p>His quote was right at CDN Bid.</p><p>I'm guessing(?) he was ready to get rid of it as it was probably tying up some of his assets that he would want to use elsewhere.</p><p>It was an easy buy for me.</p><p> </p><p>Got it home and showed it off in another chatroom.</p><p>One of the people in there told me to check my Breen's Encyclopedia because there were three DD's for that date, two DDR's and one DDO.</p><p>Nope, not either of the DDR's.</p><p><b>YES</b>, it was the DDO!</p><p>Shipped it back to NGC for attribution.</p><p>Using Google, I could only one sales record.</p><p>Turns out it's worth about 50% more.</p><p>Not a lot but enough to pay for having it attributed with something left over.</p><p> </p><p>Nope, it wasn't a cherrypick.</p><p>Cherrypicking means knowing something the dealer didn't.</p><p>In this case I just lucked out.[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 684486, member: 9270"]A mildly interesting side story. When I was still looking for gold dollar coins for my type set I spotted one at a middle-sized coin show. It was sitting there all alone; obviously it wasn't part of the dealer's main sales line. It was an 1862 in NGC AU-58, perfect for what I was after. So I whipped out my greysheet and asked the dealer the price. His quote was right at CDN Bid. I'm guessing(?) he was ready to get rid of it as it was probably tying up some of his assets that he would want to use elsewhere. It was an easy buy for me. Got it home and showed it off in another chatroom. One of the people in there told me to check my Breen's Encyclopedia because there were three DD's for that date, two DDR's and one DDO. Nope, not either of the DDR's. [B]YES[/B], it was the DDO! Shipped it back to NGC for attribution. Using Google, I could only one sales record. Turns out it's worth about 50% more. Not a lot but enough to pay for having it attributed with something left over. Nope, it wasn't a cherrypick. Cherrypicking means knowing something the dealer didn't. In this case I just lucked out.[/QUOTE]
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