Thoughts on this details Trade Dollar?

Discussion in 'US Coins Forum' started by Scott J, May 3, 2021.

  1. Scott J

    Scott J Well-Known Member

    This was an impulse buy because I never figured I could afford a trade dollar and saw this scrolling and put in a bid. I did check price on the PCGS app and if it was problem free in AG-03 it would retail for $125. I came in at $130 with fees.
    I like big silver coins like Morgans, Peace Dollars, Walkers, Ben's, Capped Bust Halves so I just wanted one.
    Did my lack of patience and experience screw me? What do you guys think?
    sorry for bad reverse pic, I don't have it hand yet.
    SmartSelect_20210503-190337_Chrome.jpg
    SmartSelect_20210503-190459_Chrome.jpg
    SmartSelect_20210503-190401_Chrome.jpg
     
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  3. longshot

    longshot Enthusiast Supporter

    I believe the price was in the ballpark of where it should be. The cleaning shows on the obverse, but it's not cleaned up all shiny.
     
    Scott J likes this.
  4. Scott J

    Scott J Well-Known Member

    Thanks,I appreciate the feedback
     
    longshot likes this.
  5. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Nice coin,I would've paid that much trade dollar prices and popularity have exploded can't find them under $100 these days low grade culls are selling for what you paid for that.
     
  6. furryfrog02

    furryfrog02 Well-Known Member

    I'd have bought it for that price.
     
  7. Scott J

    Scott J Well-Known Member

    Thanks guys, you're easing/eliminating my potential buyer's remorse.
     
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  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    It’s been cleaned but it is retoning nicely. I think the price was fair.
     
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  9. William F

    William F Well-Known Member

    I definitely would have gone for it at that price, it's a nice, problem free example!
    I actually prefer the well-circulated examples to the flashy MS ones, they just look more "original" IMO ;)
     
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  10. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    No way I'd pay that much for 'details grade'. Damaged goods. Save your money and buy straight graded...........
     
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  11. potty dollar 1878

    potty dollar 1878 Well-Known Member

    To much money.
     
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  12. atcarroll

    atcarroll Well-Known Member

    Personally, i wouldn't have paid that much, but I'm a 30+ year collector who buys raw trade dollars on occasion. If it were mine I'd crack it and let it sit on my nightstand for a year or so, maybe it'd grow a new skin.
     
    Scott J likes this.
  13. Scott J

    Scott J Well-Known Member

    I thought about doing that, and a little pocket carry.
     
  14. atcarroll

    atcarroll Well-Known Member

    I wouldn't carry it, i don't see hairlines to wear off. Just leave it sit out to tone. First it'll turn brown, then the brown will turn grey. The time, it'll vary, depending on temp and humidity.
     
    Scott J likes this.
  15. Scott J

    Scott J Well-Known Member

    Cool, thanks for the knowledge!
     
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  16. eddiespin

    eddiespin Fast Eddie

    There’s no buyer’s remorse when you made a good buy on an item that will hold its value, as here, look at it that way. Something better comes along, unload it, get your money back on it. Meantime, enjoy it in your collection.
     
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  17. Scott J

    Scott J Well-Known Member

    Nice, I'm going to adopt this outlook!
     
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  18. KSorbo

    KSorbo Well-Known Member

    Trade dollar prices appear to have gone up recently, at least on eBay. I don’t think you overpaid. It looks good for a details coin, and it is authenticated.
     
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  19. Beefer518

    Beefer518 Well-Known Member

    I'm good with the coin at that price as well. I have 7 TD's, average cost was $180, grades are from G to AU55. All were bought raw, and those that I have had graded have come back details (wasn't surprised at all). But TD's are strong on the market, and I believe the details TD's don't get clobbered like other series.
     
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  20. Scott J

    Scott J Well-Known Member

    Appreciate the market info, thanks!
     
  21. Vertigo

    Vertigo Did someone say bust?

    This is how I look at it, can you sell it for that? If yes then there's no harm in buying.
     
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