At auction, you can get these for around $75 in mid AU, but not in the old green holder. That's probably why he's asking the premium.
The spread on these isn't that bad. You can find MS64's for about $275. If I was willing to spend $105 for an AU55, I'd save another $170 and spring for the MS64 instead!
Type III. Seller seems fine. For that grade, especially since there's S&H, I think the price is a slight bit high. But I question the grade: -- not a lot of handling marks (good) -- flat head and flat right leg; strike too soft (ugh) Pass.
Collectors have believed for many, many years that PCGS coins in the OGH were under-graded. Unfortunately, most of those worthy of upgrade have already been submitted. If this is the only basis for the seller's valuation, then I'd pass. Chris
Newbe here, I've looked at several sites, including USA Coin Book. They show a price of $186 for an AU50. When you look on other sites it is prizing how all over the board the same coin is valued, from $80 to $200. The question begs, what is the place to look for correct grades and values ?
Have a look at PCGS coinfacts, the seller asks exactly the price for a 58 coin: http://www.pcgscoinfacts.com/Coin/Detail/5774/55?redir=t I'd compare it to other SLQs in the AU range and would then decide for myself if it's worth the premium or not. Note: completed auctions are also listed in coinfacts - in AU55 the prices range from $57 to $118 and go up to $159 in AU58
I agree with C-B-D. Save a little more and go for a MS63/64. There is much more upside potential with the better grade. The coin you are showing has some eye appeal, but as someone said, it's still a flat headed SLQ with a slightly worm right leg. The old holder adds nothing to the coin's value.
The first thing I do when considering a PCGS graded coin, I go to there web site and check out the cert. number. This one shows a list price of $80 and 89 graded at this level. Also a dealer is not likely to buy this at a Higher price because it's in an older slab.
I agree that the seller is probably asking a premium for the holder rather than the coin. The coin is fine, but not outstanding in any way. In spite of the oft repeated advice to "buy the coin and not the holder," a lot of sellers try to sell the holder. I recently did a search for nicely toned Mercury dimes, and I found one with really pleasing but not "WOW!" toning. Unfortunately, it was in a PCGS doily holder and the seller was asking well over 3x what any price guide I could find said. I certainly would have been willing to pay a good premium for that coin, but not a 200% premium. Maybe we should also admonish sellers to "sell the coin, not the holder," as well.
It's priced at full retail, and it's nothing more than an AU55. Don't be seduced by the "old holder" hype. It is almost always meaningless.
I agree with the crowd here: pass The coin is nothing special. For recent auction prices use both eBay's and Heritage Auctions info. It's always easy to give advice, but before offering any, what are your specifics: 1) Why do you want the coin? Type set or are you collecting the series? 2) What is your budget per coin? IMO you can do better both price wise and condition for this date and mm. Be patient and you'll get the coin you want at a decent price.
