Help Two CT'ers Work Out a Token Trade

Discussion in 'Coin Chat' started by jester3681, Jul 11, 2017.

?

Is this an even trade?

Poll closed Jul 15, 2017.
  1. Yes - Even Stevens.

    62.5%
  2. The Monitor is worth more - jester3681 needs to cough up some money.

    20.8%
  3. The Peacock is worth more - lordmarcovan needs to pay the piper.

    16.7%
  1. jester3681

    jester3681 Exonumia Enthusiast

    Hello CT! Rob (@lordmarcovan) and I have been negotiating a trade on two tokens beloved in our respective collections, that really ought to be in the other's. We're very close to a deal, and we have decided to put it before the community at large to determine the most equitable arrangement for the two of us. Please participate in the poll and post any notes to follow.

    Rob's Token: Our Little Monitor Civil War Token (F-237/423a, R.1) NGC MS65BN
    USA-MonitorCWT-1863-016565-coin-v2.jpg
    This token is in the Eclectic Box of 25 at the moment, and found its way into Rob's collection via Lucas Baldridge at friscomint1793 on eBay. It was previously sold at Stack's 2010 Baltimore show.

    My Token: C.D. Peacock "Hard Times" Token (HT-M21; Low-366, R.2) PCGS MS63BN
    81865317_max.jpg
    This token was from my personal collection, recently on the market to free up capital for my primary numismatic pursuit - Civil War tokens. Although not a true Hard Times token (research shows this piece was struck in 1902 to commemorate the Diamond Jubilee of Peacock's business), it is typically grouped with them due to the size and the 1837 date. I purchased this token raw and submitted - it lives in a Secure Holder, hence the TrueView images.

    So - here's the question. Is this an even trade, or does one or the other need to come to the table with some additional money? I'll set the poll to close on Saturday, and I suppose we'll live with the results either way!
     
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  3. jester3681

    jester3681 Exonumia Enthusiast

    Also, full disclosure, the census data is as follows:

    Monitor - NGC has 5 in MS65BN with none finer, PCGS has none in 65 (64 is the top). Both TPGs have examples in RB (N-65, P-64) with none in RD.

    Peacock - PCGS has this 1 as its sole graded example. NGC has 4 in MS63BN with none finer, but does have several in RB including a 66. None in RD at either TPG.
     
    Last edited: Jul 11, 2017
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  4. H8_modern

    H8_modern Attracted to small round-ish art

    As the Car Talk guys would say, I'll happily give you an answer that is unencumbered by the thought process. Not really true, I've thought about it but have no actual facts to support my conclusion.

    To me an R1 65 should be pretty much equal to an R2 63.
     
  5. ddddd

    ddddd Member

    Both are beautiful and I would be happy to own either.
    In fact, you two should just send them to me and the problem will be solved. :p
     
  6. jester3681

    jester3681 Exonumia Enthusiast

    Man, I didn't think of that. Let me edit the poll... :wacky::D
     
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  7. ddddd

    ddddd Member

    After a bit of ebay searching, I see the most expensive "Our Little Monitor" sold at $220 for an Anacs MS 63 BN with nice toning. I would imagine that @lordmarcovan example should have a premium for the higher grade and the toning. I also see that @jester3681 has the CD Peacock example for 350 or best offer. I don't see any similar examples sold (raw ones aren't the best comparison). This is a hard one to judge!

    http://www.ebay.com/itm/1863-Patriotic-Civil-War-Token-239-421a-OUR-LITTLE-MONITOR-Attractive-toning-/262961142026?hash=item3d39b4990a:g:u5oAAOSwtfhYrNk~&nma=true&si=M2VpmIAT1yNgmpKvI%2BV7PyLbSUY%3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
     
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  8. jester3681

    jester3681 Exonumia Enthusiast

    I can raise the price of that sale, if it will help with valuation purposes. [emoji2]
     
  9. Jwt708

    Jwt708 Well-Known Member

    I think they're about the same.
     
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  10. ddddd

    ddddd Member

    Fair enough!
    I was using it as an upper max for your price = $350-ebay fees
    The "Our Little Monitor" would be $220+extra premium for higher grade.

    It very well could be that the prices are even.
    Hopefully others chime in and you two can make a deal!
     
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  11. heavycam.monstervam

    heavycam.monstervam Outlaw Trucker & Coin Hillbilly

    I feel like the peacock has more of a cool factor, plus the clock reverse is way cool!
     
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  12. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    The monitor is quite an impressive example when it come to civil war tokens, If I didn't have it I would definitely be interested in paying a premium, Impressive @lordmarcovan. The Peacock is a well done piece of art, wonderful tones and a very eye appealing coin, I think It deserves a good handshake, call it even.
     
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  13. Paddy54

    Paddy54 Well-Known Member

    Since ddddd, beat me to it...I can't play the send them to me card... :( However I find both specimens to be equally appreciated by both traders. I personally would love either in my collection and Neither fits into what I collect . :jawdrop:
    With the appreciation factors being equal I feel that the trade is fair to both parties .
    I'm sure both will treasure each specimen and should down the road decided to sell
    Either piece the seller would offer first choice to the other trader.


    Then PM me lol....;)
     
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  14. jester3681

    jester3681 Exonumia Enthusiast

    I don't want to speak out of turn, but I think at this point the trade is understood - we're just trying to determine the exact terms. ;)
     
    lordmarcovan likes this.
  15. vintagemintage

    vintagemintage Well-Known Member

    If the community at large includes the parties involved in the transaction, shouldn't they both be voting?
     
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  16. Paddy54

    Paddy54 Well-Known Member

    Ok we are fine with that . ......however what in it for us?
    Maybe a poll tax...... let's say 25% of the final value price of both items to be shared by all whom voted.
    :)
     
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  17. dwhiz

    dwhiz Collector Supporter

    Even Stevens
     
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  18. chromerunner

    chromerunner ******

    I find the Peacock to be stunning.
    If it were me I'd keep the peacock!
    It's a close value but feel the peacock would bring $50-$75 more on the market. It's close to a wash though


    Sent from my iPhone using Tapatalk
     
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  19. rickmp

    rickmp Frequently flatulent.

    Remember when you were a kid trading baseball cards with the other kids in the neighborhood? I do. If I liked your card and you liked my card, we traded. It was simple. We never considered relative value. We didn't bring the rest of the neighborhood in as arbitrators or negotiators.
     
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  20. brg5658

    brg5658 Supporter! Supporter

    Both are lovely, and an even trade would be appropriate IMO. Congrats to both new owners. :cigar:
     
    jester3681 likes this.
  21. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Yes, but this is more fun and informative, and since we're both cool with "going public" in the discussion, why not? ;)

    For what it's worth, since @jester3681 needs that specific variety of the Monitor token for his specialized collection, and my "Eclectic Box" collection is the very opposite of specialized, and I like his proferred Peacock trade, the basic fundamentals here are agreed.

    The only thing at issue is my "sentimental attachment tax". In other words, the additional $20-25 "sweetener" I'm shaking him down for. ;)

    Really, it is pretty much agreed otherwise. Though of course the "Swapper's Golden Rule" applies - no deal is final until both parties express satisfaction.

    Both of us have agreed to abide by the poll results.

    Will he owe me $20-25 more? (Let's call it $20.)

    Or is it to be "even-Stevens"?

    Poll seems to be favoring the latter, presently. I'm good with it either way. Already enjoying the "banter of the barter".

    Thank you to those like @ddddd who put some thought and research into their replies.
     
    Last edited: Jul 12, 2017
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