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What a joke. 1867 Seated Dime
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<p>[QUOTE="drbrummer, post: 3176727, member: 76441"]There are a few things to consider regarding the 1867 date as a whole and the initial coin in question. Although I am not an expert, I have collected and studied this series almost exclusively for the past 6+ years and feel qualified to add to the discussion and perhaps clear up some misconceptions.</p><p><br /></p><p>1. 1867 is widely accepted as the key Philadelphia date in the entire series, which spans 54 years. In my opinion the only dates that are close could be 1863 and possibly 1846, although the 1846 is much more available on the market. One seated specialist dealer, who literally wrote the book on the series, currently has an 1867 listed with the comment "Always been my favorite date."</p><p><br /></p><p>2. All of the rare Philly dates from 1863-1867 are extremely difficult to locate and even more so in circulated condition. Most collectors do not look for complete mint state collections, thus putting increased demand on circulated issues when they come up. To validate this, PCGS has currently certified 53 coins in all MS grades, but only 29 coins in circulated grades. Coinfacts also currently shows a total of 2! circulated sales total....IN ALL GRADES. The recent HA coin you mentioned is not included in this, but an Ebay XF40 from earlier this year is. I was the underbidder on this XF40 and kind of wish I had been more aggressive in bidding as it was a very nice coin.</p><p><br /></p><p>3. The AU coin you mention wasn't a particularly nice coin. It had so-so surfaces, odd, splotchy toning and wasn't particularly well struck. I still think it sold cheap but wouldn't really have wanted it in my collection.</p><p><br /></p><p>4. Back to the originally mentioned coin....I actually think it is very nice for the assigned grade. It went AG because of obverse rim weakness but still has 5 letters of liberty visible and a reverse that is solid Good+ all day long. Not only is 1867 rare in circulated grades, it is even rarer in choice circulated. CAC has approved a total of 2 circulated examples in all grades, only 2! I realize that the original coin does not have CAC approval, but I would view it as a strong candidate. This information does, however, assist in validating the rarity of the 1867 date in choice condition. </p><p><br /></p><p>Overall, I do agree with you that the original coin is priced high, but not as egregiously as some on here feel. I would personally assume it to be valued around $900-$1000 and would also guess that the seller would be willing to have a discussion in this range. Hopefully my comments have been of some help![/QUOTE]</p><p><br /></p>
[QUOTE="drbrummer, post: 3176727, member: 76441"]There are a few things to consider regarding the 1867 date as a whole and the initial coin in question. Although I am not an expert, I have collected and studied this series almost exclusively for the past 6+ years and feel qualified to add to the discussion and perhaps clear up some misconceptions. 1. 1867 is widely accepted as the key Philadelphia date in the entire series, which spans 54 years. In my opinion the only dates that are close could be 1863 and possibly 1846, although the 1846 is much more available on the market. One seated specialist dealer, who literally wrote the book on the series, currently has an 1867 listed with the comment "Always been my favorite date." 2. All of the rare Philly dates from 1863-1867 are extremely difficult to locate and even more so in circulated condition. Most collectors do not look for complete mint state collections, thus putting increased demand on circulated issues when they come up. To validate this, PCGS has currently certified 53 coins in all MS grades, but only 29 coins in circulated grades. Coinfacts also currently shows a total of 2! circulated sales total....IN ALL GRADES. The recent HA coin you mentioned is not included in this, but an Ebay XF40 from earlier this year is. I was the underbidder on this XF40 and kind of wish I had been more aggressive in bidding as it was a very nice coin. 3. The AU coin you mention wasn't a particularly nice coin. It had so-so surfaces, odd, splotchy toning and wasn't particularly well struck. I still think it sold cheap but wouldn't really have wanted it in my collection. 4. Back to the originally mentioned coin....I actually think it is very nice for the assigned grade. It went AG because of obverse rim weakness but still has 5 letters of liberty visible and a reverse that is solid Good+ all day long. Not only is 1867 rare in circulated grades, it is even rarer in choice circulated. CAC has approved a total of 2 circulated examples in all grades, only 2! I realize that the original coin does not have CAC approval, but I would view it as a strong candidate. This information does, however, assist in validating the rarity of the 1867 date in choice condition. Overall, I do agree with you that the original coin is priced high, but not as egregiously as some on here feel. I would personally assume it to be valued around $900-$1000 and would also guess that the seller would be willing to have a discussion in this range. Hopefully my comments have been of some help![/QUOTE]
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What a joke. 1867 Seated Dime
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