Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Putting a price on ignorance - Opinion request
>
Reply to Thread
Message:
<p>[QUOTE="Publius2, post: 8289233, member: 105571"]Very much sympathize with your situation.</p><p><br /></p><p>OK, let's take a stab at answering your question without me having to do a bunch of EBay research. I'm just using Greysheet as a reference for the discussion. I realize other pricing guides could be used and that pricing guides are not of much value in today's hyper-inflated coin markets. But how much was lost depends upon where you start from. Below is looking at it from two aspects: 1) This raw coin was slabbed straight graded, and; 2) This raw coin was slabbed in a details grade.</p><p><br /></p><p>The coin has around XF-40 sharpness. Today's Greysheet as a reference says that's a $285 coin if straight-graded.</p><p>The dings accumulated from the drop test would move the coin into a details grade. I estimate moving from straight grade to details would knock off 40% to 60% of the value for a damaged coin so call it 50%.</p><p>So, your loss from current market wholesale due to the drop is $285 X 0.5 = $142.50.</p><p>If evaluated from your purchase price of $170, your loss is $170 - 142.50 = $27.50</p><p><br /></p><p>Coin, however, is moderately hair-lined from a previous cleaning which means it possibly would have gone in a Details holder prior to it being dropped.</p><p>So, pre-drop, this coin in a details cleaned holder was worth about 60% of Greysheet or $171.</p><p>Post-drop, the dings wouldn't make a difference to grade - it would still be in a details holder. BUT, the damage from the drop would make the coin even less marketable so as a guess, I'd estimate the current wholesale market value is about 40% of Greysheet or $114.</p><p>So, your loss from current market wholesale due to the drop is $171 - 114 = $57.00.</p><p>If evaluated from your purchase price of $170, your loss is $170 - 114 = $56[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 8289233, member: 105571"]Very much sympathize with your situation. OK, let's take a stab at answering your question without me having to do a bunch of EBay research. I'm just using Greysheet as a reference for the discussion. I realize other pricing guides could be used and that pricing guides are not of much value in today's hyper-inflated coin markets. But how much was lost depends upon where you start from. Below is looking at it from two aspects: 1) This raw coin was slabbed straight graded, and; 2) This raw coin was slabbed in a details grade. The coin has around XF-40 sharpness. Today's Greysheet as a reference says that's a $285 coin if straight-graded. The dings accumulated from the drop test would move the coin into a details grade. I estimate moving from straight grade to details would knock off 40% to 60% of the value for a damaged coin so call it 50%. So, your loss from current market wholesale due to the drop is $285 X 0.5 = $142.50. If evaluated from your purchase price of $170, your loss is $170 - 142.50 = $27.50 Coin, however, is moderately hair-lined from a previous cleaning which means it possibly would have gone in a Details holder prior to it being dropped. So, pre-drop, this coin in a details cleaned holder was worth about 60% of Greysheet or $171. Post-drop, the dings wouldn't make a difference to grade - it would still be in a details holder. BUT, the damage from the drop would make the coin even less marketable so as a guess, I'd estimate the current wholesale market value is about 40% of Greysheet or $114. So, your loss from current market wholesale due to the drop is $171 - 114 = $57.00. If evaluated from your purchase price of $170, your loss is $170 - 114 = $56[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Putting a price on ignorance - Opinion request
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...