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Ok, I spent my whole budget(ish) on one coin that many here wouldn’t buy at all but …
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<p>[QUOTE="Publius2, post: 7954653, member: 105571"]Well, there are coins with details I wouldn't touch with a 50 foot pole. And then, there are coins with details that I would definitely consider. The two categories of the latter are rare/expensive coins whose problems are minor. l place the OP's coin in the category of extremely minor problems and a rarish coin. Greysheet calls this a $1500 coin in VF straight graded. The so-called graffiti is, to me, indistinguishable from random scratches.</p><p><br /></p><p>Another consideration regarding details coins is if the coin will be difficult to resell. Another 1853-D in VF-20 sold on 10/20 in a HA auction for $1740. Making some assumptions: If the OP got his coin for 70% off that, his cost would be $522. Current melt is about $426. So the OP got a pretty nice 1853-D for about $100 over melt. I think when he goes to sell it down the road, he'll be happy with his financial results and he'll have the pleasure of owning a coin he might not otherwise have the opportunity to own.</p><p><br /></p><p>I would not mind having this coin, at this price, despite my general aversion to details grade coins.</p><p><br /></p><p>And this is what I mean when I answer questions here regarding buying details coins when I say "It depends."</p><p><br /></p><p>BTW, if you have details coins you want to sell at auction, now is the time. I have never before seen the quantity of details coins before offered at HA, GC, DLRC, et.al. as in the last few months.</p><p><br /></p><p>Congratulations to the OP.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 7954653, member: 105571"]Well, there are coins with details I wouldn't touch with a 50 foot pole. And then, there are coins with details that I would definitely consider. The two categories of the latter are rare/expensive coins whose problems are minor. l place the OP's coin in the category of extremely minor problems and a rarish coin. Greysheet calls this a $1500 coin in VF straight graded. The so-called graffiti is, to me, indistinguishable from random scratches. Another consideration regarding details coins is if the coin will be difficult to resell. Another 1853-D in VF-20 sold on 10/20 in a HA auction for $1740. Making some assumptions: If the OP got his coin for 70% off that, his cost would be $522. Current melt is about $426. So the OP got a pretty nice 1853-D for about $100 over melt. I think when he goes to sell it down the road, he'll be happy with his financial results and he'll have the pleasure of owning a coin he might not otherwise have the opportunity to own. I would not mind having this coin, at this price, despite my general aversion to details grade coins. And this is what I mean when I answer questions here regarding buying details coins when I say "It depends." BTW, if you have details coins you want to sell at auction, now is the time. I have never before seen the quantity of details coins before offered at HA, GC, DLRC, et.al. as in the last few months. Congratulations to the OP.[/QUOTE]
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Ok, I spent my whole budget(ish) on one coin that many here wouldn’t buy at all but …
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