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<p>[QUOTE=&quot;StevenHarden, post: 4241613, member: 67639&quot;]<font face="Times New Roman">&quot;Rick&#039;s offer is bargain basement pricing.&nbsp; $4,500 is just too low.&quot;&nbsp; (Rick&#039;s Customer)</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">To me, Rick was actually starting with a strong offer.&nbsp; The coin shown in the video was a PCGS MS63 terminal die state example.&nbsp; The PCGS price guide shows the 1888-O $1 Scarface with a population of 18 in MS63 and a price of $7,250.&nbsp; The expert in the video (not sure when this was recorded) gave a price value of $7,000.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">Recent auction results show the following:</font></p><p><font face="Times New Roman">Jan. 2020 - Heritage - PCGS MS63 - $4,080.</font></p><p><font face="Times New Roman">Dec. 2019 - Legend - PCGS MS63+ - $3,995.</font></p><p><font face="Times New Roman">Aug. 2019 - Stack&#039;s - PCGS MS63+ - $4,440.</font></p><p><font face="Times New Roman">Jul. 2019 - Scotsman - PCGS MS62+ - $6,900.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">As the expert in the video explained, collectors are all about the die state on these.&nbsp; The one shown in the video is the most desirable die state, but the number of people looking for them is very limited, but they are willing to put up all the money for these to complete their collections.&nbsp; To me, the toning on this example is not very attractive, but that is subjective.&nbsp; Typically, beautiful toning (which this one does not have in my opinion) brings out a much larger crowd at the coin auctions.&nbsp; This piece has the rarity of the scarface variety, particularly the terminal die state, but attractiveness from toning, etc. is a key component in an auction setting.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">Even though Rick&#039;s customer had a great example of this, I believe his idea to get $15,000 was way too high.&nbsp; The expert&#039;s valuation of $7,000 seems a little high, but that may be what u would see the piece retail in a coin shop at.&nbsp; If I had the example shown I would be glad to get $4,500 for it, although I probably would have tried to raise Rick to $5,000.</font></p><p><font face="Times New Roman"><br /></font></p><p><font face="Times New Roman">In my opinion Rick&#039;s offer was not &quot;bargain basement pricing&quot; and was actually fairly reasonable.&nbsp; Again, this is all relative to the timing of when the episode was recorded.</font>[/QUOTE]</p><p><br /></p>

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