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Advice on a seated liberty dollar
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<p>[QUOTE="treylxapi47, post: 1697801, member: 41863"]I will definitely be taking a chance on this one but I do believe it to be the real deal. The reason the price is at $300 is for the following, all strictly in my humble opinion and from what I can piece together. </p><p><br /></p><p>This is a pawn shop that also has a decent case of coins. Now as we all know over the last 5-10 years people have been mesmerized with only a few key areas of coins. If they collected they are likely involved in ASEs, or State quarters but must folks were scrapping coin collections or old gold jewelry for money or stacking something. So over the years this man has his coin deals going, but obviously waning from the numismatic side more to the 'bullion/junk/scrap' side of the hobby. So in my mind it seems like the last few years the owner has focused more on that audience and neglected his real coin side. These days he typically has 'associates' selling for him and even they said the coins don't move very much. Most people are just selling junk to them and no one is really buying much except guns and electronics. </p><p><br /></p><p>Well when I was there the other day I noticed a few halves that were kind of obviously marked several years back as the 64 Kennedy's were priced at $4 each and the 2 franklins at $8 each. I asked if those were all the correct prices and was given affirmation that all the prices marked were what everything in the store was selling for. I said ok and made my purchase. </p><p><br /></p><p>That's when I noticed the dollar, and I'm thinking it was in a similar 2x2 as the halves that it was probably priced around the same time (obviously yellowed) so I'm assuming the $300 marked was when this coin was only worth $250-$350. </p><p>I'm ok buying the coin morally, as the owner really just seems to be uninterested in his store anymore and just trying to get things moving out as quick as possible. He's elderly too, and I think he's just tired of it all IMO, so I think it's an opportunity for a decent deal. I'm also aware I could get burned too, but I seriously doubt it's a fake coin, more likely a cleaned one, but we shall see. </p><p><br /></p><p>Now my next question is, what are key indicators for authenticating this year or series? Any tell-tale signs?[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 1697801, member: 41863"]I will definitely be taking a chance on this one but I do believe it to be the real deal. The reason the price is at $300 is for the following, all strictly in my humble opinion and from what I can piece together. This is a pawn shop that also has a decent case of coins. Now as we all know over the last 5-10 years people have been mesmerized with only a few key areas of coins. If they collected they are likely involved in ASEs, or State quarters but must folks were scrapping coin collections or old gold jewelry for money or stacking something. So over the years this man has his coin deals going, but obviously waning from the numismatic side more to the 'bullion/junk/scrap' side of the hobby. So in my mind it seems like the last few years the owner has focused more on that audience and neglected his real coin side. These days he typically has 'associates' selling for him and even they said the coins don't move very much. Most people are just selling junk to them and no one is really buying much except guns and electronics. Well when I was there the other day I noticed a few halves that were kind of obviously marked several years back as the 64 Kennedy's were priced at $4 each and the 2 franklins at $8 each. I asked if those were all the correct prices and was given affirmation that all the prices marked were what everything in the store was selling for. I said ok and made my purchase. That's when I noticed the dollar, and I'm thinking it was in a similar 2x2 as the halves that it was probably priced around the same time (obviously yellowed) so I'm assuming the $300 marked was when this coin was only worth $250-$350. I'm ok buying the coin morally, as the owner really just seems to be uninterested in his store anymore and just trying to get things moving out as quick as possible. He's elderly too, and I think he's just tired of it all IMO, so I think it's an opportunity for a decent deal. I'm also aware I could get burned too, but I seriously doubt it's a fake coin, more likely a cleaned one, but we shall see. Now my next question is, what are key indicators for authenticating this year or series? Any tell-tale signs?[/QUOTE]
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Advice on a seated liberty dollar
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