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"UNC Details" Saint-Gaudens; scratched. How does this affect value?
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<p>[QUOTE="medoraman, post: 3626858, member: 26302"]Very common actually ma'am. Non-coin people almost always pay more for coins than coin collectors do. I have told the story here before, but my favorite dealer growing up always had a guy coming in for junk. Ben told me its a local auctioneer who every week buys one or two details gold coins, and a bunch of crappy morgans. Back then the $5 gold pieces went for $100, and crappy morgans went for $5. I went to the auction house, and the guy got at least $200 for every half eagle, and $20 or more for the morgans. He did this for YEARS, and people kept buying even though they could have bought all they wanted from the coin dealer for $5. </p><p><br /></p><p>Ben just shook his head, keeping back anything better for real collectors, and letting the idiots buy the dreck.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3626858, member: 26302"]Very common actually ma'am. Non-coin people almost always pay more for coins than coin collectors do. I have told the story here before, but my favorite dealer growing up always had a guy coming in for junk. Ben told me its a local auctioneer who every week buys one or two details gold coins, and a bunch of crappy morgans. Back then the $5 gold pieces went for $100, and crappy morgans went for $5. I went to the auction house, and the guy got at least $200 for every half eagle, and $20 or more for the morgans. He did this for YEARS, and people kept buying even though they could have bought all they wanted from the coin dealer for $5. Ben just shook his head, keeping back anything better for real collectors, and letting the idiots buy the dreck.[/QUOTE]
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"UNC Details" Saint-Gaudens; scratched. How does this affect value?
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