Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What is this 5 Cent piece ?
>
Reply to Thread
Message:
<p>[QUOTE="BarneyFife, post: 165726, member: 6770"]Actually, I am not using the PCGS guide to try to determine current market value, just to determine exactly what coin I have. I realize that the PCGS price does not represent true market value, but with their numbering system, it at least gives some kind of a clear identification that perhaps one coin of a particular grading is worth more than a different example that is givent that exact same grading number.</p><p><br /></p><p>I do understand the differences in the 5 cent piece above, but I am still confused on this one. It is an 1872 Gold $1 MS62, if these two PCGS coin designations are the same thing an "1872 Gold $1 MS62", then why is there such a huge difference in value on their price guide, or is that totally artificial, and both coins are really worth exactly the same? ( PCGS #7572 and #7622)</p><p><br /></p><p>Anyway....</p><p><br /></p><p>I did go over to the Heritage site and found that a very informative place both for determining what coins I have and their 'real world' value. I have shown some these coins to several large, well known dealers and the prices offered for them cover such a HUGE span that I am very nervous about selling some of the high dollar coins. One long time coin dealer offered me $2500 for a 1796 large cent, and another dealer who has also been around a long time told me it was worth $17,000 - $35,000 depending on how badly the buyer wanted it and whether similar coins were also being offered anywhere at that time. Both dealers said they would buy at 75% to maybe 85% of those numbers depending on what their regular customers were looking for. With a gap like that, correct coin identification sure seems important to me.</p><p><br /></p><p>Sorry I am so dense. I do appreciate your patience with me.[/QUOTE]</p><p><br /></p>
[QUOTE="BarneyFife, post: 165726, member: 6770"]Actually, I am not using the PCGS guide to try to determine current market value, just to determine exactly what coin I have. I realize that the PCGS price does not represent true market value, but with their numbering system, it at least gives some kind of a clear identification that perhaps one coin of a particular grading is worth more than a different example that is givent that exact same grading number. I do understand the differences in the 5 cent piece above, but I am still confused on this one. It is an 1872 Gold $1 MS62, if these two PCGS coin designations are the same thing an "1872 Gold $1 MS62", then why is there such a huge difference in value on their price guide, or is that totally artificial, and both coins are really worth exactly the same? ( PCGS #7572 and #7622) Anyway.... I did go over to the Heritage site and found that a very informative place both for determining what coins I have and their 'real world' value. I have shown some these coins to several large, well known dealers and the prices offered for them cover such a HUGE span that I am very nervous about selling some of the high dollar coins. One long time coin dealer offered me $2500 for a 1796 large cent, and another dealer who has also been around a long time told me it was worth $17,000 - $35,000 depending on how badly the buyer wanted it and whether similar coins were also being offered anywhere at that time. Both dealers said they would buy at 75% to maybe 85% of those numbers depending on what their regular customers were looking for. With a gap like that, correct coin identification sure seems important to me. Sorry I am so dense. I do appreciate your patience with me.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What is this 5 Cent piece ?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...