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<p>[QUOTE="-jeffB, post: 23921062, member: 27832"]I have no simple answer, but here's another data point:</p><p><br /></p><p><img src="https://www.cointalk.com/attachments/1878-trade-slabbed-obverse-jpg.338556/" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>I <a href="https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/">documented this coin's saga in a previous thread</a>.</p><p><br /></p><p>PCGS says an 1878-P in PR45 went for $1500 last year. They've apparently gone up lately; AU examples were going for less than $1400 in 2018 and 2020. I had several people tell me "what a shame, that would've been a nice coin, but now it's worth melt, minus a little for the hole".</p><p><br /></p><p>I put this up on eBay with a BIN of $1200 and Best Offer enabled. I left it up for a few weeks, maybe a couple of months. I got several offers in the $150-300 range, and I think maybe one for $500.</p><p><br /></p><p>But eventually <b>that <i>one</i> collector who was assembling <i>a set of holed proof Trade dollars</i></b> happened across my listing, and made an offer more than half my asking price, about half the going price for a problem-free AU example. We were both happy (although I did feel a little regret letting the coin go).</p><p><br /></p><p>So, how much should you ask for a problem coin? It depends -- on the rarity and popularity of the coin, the nature of the damage, and how patient you want to be. I'd say the damage on this coin was pretty extreme, but there were still people who wanted it.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 23921062, member: 27832"]I have no simple answer, but here's another data point: [IMG]https://www.cointalk.com/attachments/1878-trade-slabbed-obverse-jpg.338556/[/IMG] I [URL='https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/']documented this coin's saga in a previous thread[/URL]. PCGS says an 1878-P in PR45 went for $1500 last year. They've apparently gone up lately; AU examples were going for less than $1400 in 2018 and 2020. I had several people tell me "what a shame, that would've been a nice coin, but now it's worth melt, minus a little for the hole". I put this up on eBay with a BIN of $1200 and Best Offer enabled. I left it up for a few weeks, maybe a couple of months. I got several offers in the $150-300 range, and I think maybe one for $500. But eventually [B]that [I]one[/I] collector who was assembling [I]a set of holed proof Trade dollars[/I][/B] happened across my listing, and made an offer more than half my asking price, about half the going price for a problem-free AU example. We were both happy (although I did feel a little regret letting the coin go). So, how much should you ask for a problem coin? It depends -- on the rarity and popularity of the coin, the nature of the damage, and how patient you want to be. I'd say the damage on this coin was pretty extreme, but there were still people who wanted it.[/QUOTE]
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