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Should coins with too many chops be discounted?
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<p>[QUOTE="ksparrow, post: 5240685, member: 7638"]I agree with Publius2, it's a niche market. I think most collectors with an interest in trade dollars like to have at least one chopmarked example; and they usually sell at a discount, so they can provide an opportunity to acquire, say, a CC trade dollar at a better price than an unmarked example. The trick is finding ones that haven't been scrubbed clean, or where the design is severely damaged by the chopmarks. I know the owner of the #1 set (all PCGS) of chopmarked trade dollars, and most of his have 1 or 2 chopmarks, with the design and surfaces otherwise in good shape. </p><p> I think the seller of the coin in the OP is testing the waters and maybe trying to expand the market for heavily chopmarked coins (read their description in the listing) with this "aspirationally priced" coin.[/QUOTE]</p><p><br /></p>
[QUOTE="ksparrow, post: 5240685, member: 7638"]I agree with Publius2, it's a niche market. I think most collectors with an interest in trade dollars like to have at least one chopmarked example; and they usually sell at a discount, so they can provide an opportunity to acquire, say, a CC trade dollar at a better price than an unmarked example. The trick is finding ones that haven't been scrubbed clean, or where the design is severely damaged by the chopmarks. I know the owner of the #1 set (all PCGS) of chopmarked trade dollars, and most of his have 1 or 2 chopmarks, with the design and surfaces otherwise in good shape. I think the seller of the coin in the OP is testing the waters and maybe trying to expand the market for heavily chopmarked coins (read their description in the listing) with this "aspirationally priced" coin.[/QUOTE]
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Should coins with too many chops be discounted?
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