Message:

<p>[QUOTE=&quot;Leadfoot, post: 558739, member: 2972&quot;]$700 at auction -- I took a quick look at prior auction prices at TT and Heritage.&nbsp; </p><p><br /></p><p>Please remember, this wasn&#039;t a collector purchasing a coin from a dealer, it was a collector purchasing a coin at auction.&nbsp; I also don&#039;t think this is a high end-66, but I also admit that in so saying I would be contradicting myself... The coin has significant marks on the cheek and forehead and appears to have a few hairlines on the lower jaw as well.&nbsp; Certainly not precluding a 66 grade with booming luster, but not a strong 66, IMO.&nbsp; That doesn&#039;t make it a bad coin -- far from it -- but neither would I spend a premium on it given its conditional rarity.</p><p><br /></p><p>If he brought that coin to a dealer tomorrow, he&#039;d be lucky to get $600, and I suspect the cash price of these coins (without consulting my greysheet) is significantly lower than that.&nbsp; But that&#039;s the coin game....as we all know.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Learn the hard way, just like he&#039;s doing -- just like you did, and just like I did.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Alternatively, he could try and become friends with either a dealer that attends the auctions, or an advanced collector/mentor who doesn&#039;t mind viewing a few lots for him, and that would help.</p><p><br /></p><p>But I think, really, that he needs to attend a show and study the coins online before going, then viewing a bunch of coins in hand.&nbsp; (Get someone more experienced than him to do the same thing and view the coins at the same time.)&nbsp; That&#039;s why I said what I did about seeing 1000 coins online isn&#039;t worth as much as 10 coins in person -- and this is even more so for the 66 and up grades, IMO, where the differences become much more subtle.&nbsp; </p><p><br /></p><p>I know that I made a quantum leap forward in my numismatic education when I did the above, and am just trying to share in hopes of at least speeding up the education of my fellow budding numismatists.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in