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<p>[QUOTE=&quot;-jeffB, post: 3617773, member: 27832&quot;]Here are two more data points for you.</p><p><br /></p><p>I came across a <a href="https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/">holed, engraved, and worn Trade Dollar</a>. It was an 1878-P, a proof-only issue, with mintage less than a thousand. PCGS slabbed it as XF Details.</p><p><br /></p><p>Numismedia FMV for an 1878-P in XF is $1020. I sold it for just over <b>two-thirds of that</b> -- <i>with</i> a hole, and engraving in the obverse fields. I&#039;d gotten offers of $200 and below, but I eventually found the <i>one</i> buyer who was building a collection of holed proof trade dollars. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> Even if that buyer hadn&#039;t come along, though, I think I could&#039;ve gotten half FMV with a little patience.</p><p><br /></p><p>Later, I found an <a href="https://www.cointalk.com/threads/two-gold-birds-with-one-stone.295510/#post-2724601" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/two-gold-birds-with-one-stone.295510/#post-2724601">1851-C gold dollar that had been made into a love token</a> -- fortunately, it was the <i>obverse</i> that had been planed off, so the date and mint were still clear. The seller listed it near melt, alongside several damaged common-date gold dollars. In F12, it&#039;s an over-$500 coin; <b>I got nearly that</b> from a <i>dealer</i>, because I found the right dealer with the right client. (I have no idea how much he made on the deal, but as far as I&#039;m concerned, he earned it.)</p><p><br /></p><p>Both of these were <i>badly</i> damaged coins, but they were <i>rarities</i>, and they sold for more than half the price of a comparable undamaged example. The coin you posted is a rarity, <i>and</i> it&#039;s in a more popular series -- I&#039;d venture that there are more Saint collectors than Trade Dollar or Charlotte gold dollar collectors, and there&#039;s also the type-set crowd. HR Saints are a distinct type, and there <i>is</i> no common HR Saint issue (unlike Trade or gold dollars).</p><p><br /></p><p>I don&#039;t know much about the Saints market, but based on the two experiences I described, I&#039;d expect this coin to get <i>very</i> strong bids.[/QUOTE]</p><p><br /></p>

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