Is it worth more now? Eliasberg 1894-S Dime crosses to PCGS

Discussion in 'US Coins Forum' started by Beefer518, Dec 24, 2020.

  1. serdogthehound

    serdogthehound Well-Known Member

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  3. Paul M.

    Paul M. Well-Known Member

    Lol @ price guide. How would you even calculate a price guide value for a coin like this? Even the recent 9/20 sale is off from the price guide value they made up out of the air by 25%.

    Like I said, there are probably about 10 people in the world interested in that coin, and, the price it sells for at any given time depends mostly on how many and which ones show up to bid.
     
    furham likes this.
  4. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    If they do ... well ... they can’t be helped.

    However, for coins like this, the sharks already have their values set for the coin and will bid accordingly. There are so few that populations within a grade level are meaningless and slight differences in grade opinion will have a negligible effect on the perceived value
     
    Paul M. likes this.
  5. CircCam

    CircCam Victory

    Well it was in a 20+ year old NGC ring holder before, so at least the new owner (and the next buyer) can see the edges now.

    Plot twist! RIM DING. :eek:
     
    -jeffB and Paul M. like this.
  6. baseball21

    baseball21 Well-Known Member

    If only they had this forum to help them determine how to buy a million dollar plus coin :rolleyes:
     
    Paul M. and CircCam like this.
  7. KBBPLL

    KBBPLL Well-Known Member

    The PCGS PR66 Simpson coin sold for $1.5 million in September 2020, you can "buy it now" on Heritage for $1.8 million, so I really doubt the plastic change or the + does anything for this example.
    And yet, you're here telling us it's worth more now. Huh.
     
    furham and Paul M. like this.
  8. Paul M.

    Paul M. Well-Known Member

    Rim ding? I must be blind, because I don't see it.
     
  9. CircCam

    CircCam Victory

    Just messing around.

    Though if I were buying a 1.5 million dollar coin, I would want to be able to see the rim too just to know for sure. :)
     
    Paul M. likes this.
  10. Paul M.

    Paul M. Well-Known Member

    If I were buying a 1.5 million dollar dime, I'd have already seen pictures of it before it went in the NGC holder. ;)
     
    CircCam likes this.
  11. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    It got the "+" designation but lost the CAC sticker (I doubt it gets it back) so it's a swap AFAIK.

    Not an expert on this coin or dimes in general, but let's hope this thing doesn't get graded any higher.
     
  12. Paul M.

    Paul M. Well-Known Member

    Why do you doubt that? CAC does not consider + in their grades, so this would be an ordinary BM67 to them.
     
  13. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    My guess is that if CAC considered it very high quality for the grade it's not a surprise that it grabbed a 1/2 grade increment, that's all.
     
  14. Paul M.

    Paul M. Well-Known Member

    You've misunderstood what I'm saying, I think. CAC literally just pretends the + is not there. They see a BM67, and decide if it's a high end BM67. Since they did before, and this coin literally needs no introduction, I'm sure whoever bought it could get the sticker back if and whenever they want.
     
    GoldFinger1969 likes this.
  15. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Maybe some of us have been doing Christmas stuff with their children and don’t have time to look it up today and are responding on their phone. So they asked the person making the claims who clearly has time on their hands despite it being a holiday to do it.

    FWIW, I don’t see any unique pedigree coins like this that were crossed and immediately resold for big profits...but it was a quick search. These types of coins seem to always sell for more when they come up for sale as the next rich persons knows it’s gonna cost more to own it. I don’t see a slab correlation to it.
     
    GoldFinger1969 and furham like this.
  16. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    Agreed...if you have the $$$ and you know a coin only comes up every few years or worse maybe every decade....it's alot different then when I pass on a Heritage Auction piece knowing another one will be there next month. :D
     
  17. halfcent1793

    halfcent1793 Well-Known Member

    This is a wonder coin with an important pedigree. If the slab source really matters to someone, he's a collector of plastic and paper, not coins.
     
  18. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    To answer the original question, no, it's not worth a cent more than it was in the NGC holder just as it was not worth a cent less while it was between holders and therefore raw. It is still the exact same coin.

    A better question is "Would the coin sell for more in the new PCGS holder?" The answer to that is yes, it would because a PCGS holder is worth more to many people than an NGC holder is.
     
    Beefer518 likes this.
  19. CaptHenway

    CaptHenway Survivor

    Buy the coin, not the plastic.
     
    Beefer518 and GoldFinger1969 like this.
  20. wxcoin

    wxcoin Getting no respect for 66+ Supporter

    I was ready to pull the trigger and bid on this coin. The only problem was that my Powerball ticket didn't come through.
     
  21. 1776

    1776 Member

    That was my first thought also “ matching holders”
     
    GoldFinger1969 likes this.
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