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Gold $1 and $3 coins
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<p>[QUOTE="-jeffB, post: 3735380, member: 27832"]I'm guessing $350 is about one-third of retail for the pair. He can argue all he wants about the cleaned $1 coin, but if he's offering that little for a problem-free $3 gold, I'd take my business elsewhere.</p><p><br /></p><p>But if he sent them off for authentication at his expense, I guess things could get complicated. That seems odd.</p><p><br /></p><p>Edit to clarify: Numismedia FMV lists an 1874 $3 gold at $910 in XF40, $1010 in AU50. The 1849 $1 would be $300 or more in UNC if it hadn't been cleaned, but since it's a problem coin, it would go for less. A dealer would never <i>pay</i> those prices, but offering you 30% of that seems outrageous.</p><p><br /></p><p>$350 is just a bit more than the value of the gold in the coins -- but $1 and especially problem-free $3 coins trade for many times their gold value.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3735380, member: 27832"]I'm guessing $350 is about one-third of retail for the pair. He can argue all he wants about the cleaned $1 coin, but if he's offering that little for a problem-free $3 gold, I'd take my business elsewhere. But if he sent them off for authentication at his expense, I guess things could get complicated. That seems odd. Edit to clarify: Numismedia FMV lists an 1874 $3 gold at $910 in XF40, $1010 in AU50. The 1849 $1 would be $300 or more in UNC if it hadn't been cleaned, but since it's a problem coin, it would go for less. A dealer would never [I]pay[/I] those prices, but offering you 30% of that seems outrageous. $350 is just a bit more than the value of the gold in the coins -- but $1 and especially problem-free $3 coins trade for many times their gold value.[/QUOTE]
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Gold $1 and $3 coins
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