What would you bid on this damaged 1909-S VDB cent?

Discussion in 'US Coins Forum' started by Insider, Mar 25, 2022.

  1. baseball21

    baseball21 Well-Known Member

    Assuming its real, its clearly worth more as it sold for significantly more. If its going to be a 900 dollar coin I'd happily go up to 700 to flip.

    Unfortunately that basically always happens in value/whats it worth threads all the time. There's a major difference between realistic pricing and someones level of interest in it. It's just shooting themselves in the foot to claim they wouldnt want it at a steal of a price
     
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  3. Treashunt

    Treashunt The Other Frank

    I'd bid:

    not much
     
  4. Sunflower_Coins

    Sunflower_Coins Importer and Exporter

    I'd be in the 300-400 dollar range. Sure AGs go for more than that, but I would probably take a decent AG3 with third party grading over this coin. The damage is just too much IMO
     
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  5. manny9655

    manny9655 Well-Known Member

    I wouldn't waste my money. If I bought it, I'd later be looking for one that WASN'T damaged. Buying a damaged coin just to fill a hole is just a little bit dumb, IMHO, when you could save your money toward purchasing a better one that isn't damaged.
     
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  6. Publius2

    Publius2 Well-Known Member

    I would gladly pay $50 for it. I don't want it or need it but it is easily worth a measly $50 and it would join a small pack of other mongrel coins. These curs hang around and provide some non-pure bred interest. Including my current amusement at the future disposer of my coin collection where somebody says "Why did he buy this?" BTW, my straight-graded PCGS F-12 version of this coin was purchased three years ago for $600 to complete the LWC set.
     
  7. Jack D. Young

    Jack D. Young Well-Known Member

    Well, to the post's title question, nothing.

    To the 2nd, what would you pay for it I have no interest in it from a collection standpoint and wouldn't pay for an undamaged one, so nothing again is MY answer.

    And I suppose your 3rd question was rather self defeating...
     
  8. C-B-D

    C-B-D Well-Known Member

    I’m a dealer, and I’d pay $550 because I know for an absolute fact I can probably get $750-$900 out it in the current market. Details coins are bringing close to $1000 currently. Sometimes more. This isn’t really a rare coin at all, but they have about doubled in price over the last 9 months or so. As far as $900? I wouldn’t bid that high because who knows when demand will settle and I don’t want to be stuck holding a damaged coin.
     
  9. Mac McDonald

    Mac McDonald Well-Known Member

  10. kanga

    kanga 65 Year Collector Supporter

    My standard response for something like this:

    If you buy a damaged coin, you will always have a damaged coin.

    So if it's the best that you can afford in the foreseeable future, then consider it.
     
    Insider likes this.
  11. Phil's Coins

    Phil's Coins Well-Known Member

    Given the rarity of the coin, someone will offer a high bid. I do not like damaged coins so it has no interest to me.
    Semper Fi
    Phil
     
  12. Bob Evancho

    Bob Evancho Well-Known Member

    I would buy the coin for $250. I would use it as a project to skillfully attempt to restore it to a more presentable coin. How many collectors have bought a gold coin with a ring soldered on the edge to be used as a pendant. I have and I have skillfully removed the ring and reengraved the edge reeding. It takes study since you need to know the edge reeding criteria of that coin and then skill to use the tools to reeingrave the reeding. Gold and copper are soft to work with. After restoration, they look good in a coin collection. There are many aspects of coin collecting and learning about coins.
     
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  13. Insider

    Insider Talent on loan from...

    To each their own I guess but some replies are an eye-opener for me possibly because it has demonstrated that:

    1. There are some people on earth who would refuse to take a few hundred dollars if it were handed to them for virtually any amount of money they wished to offer INCLUDIND one red cent. :jawdrop::facepalm:

    2. There are some folks here who only deal in reality and not imaginary situations. Over the years, I've worked with two folks who were the same, bless their hearts. It is very sad and frustrating for me.


    Thanks, question answered!
    Something you all should know is damaged coins SELL FOR SOMETHING! This thread and the dealers comment should open your eyes. There are numismatists who understand this and if they can flip something for a profit they do. Additionally, "details" coins are extremely hot. We get double row boxes of problem coins to grade EVERY WEEK where I work.

    I agree with members here and have always encouraged everyone not to buy coins with problems; however, over the years I actually have had my face rubbed into it by many folks who have proven me wrong.


    So, pass on this coin if you wish but my question was what would you pay for it and not if you would want it in your collection or keep it. I'll try to make my next post with a question more specific but I don't see how it could of been clearer.

    Finally, I know the problem is mine :bigtears: as I :bucktooth: forget this is a chat room.


     
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  14. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    I'd take a few hundred dollars in exchange for a red cent (I think I have one of those). But please don't give me that damaged coin and make me spend even 1 second dealing with it. I can spend that time at my job and make a couple hundred bucks that way instead.
     
  15. ldhair

    ldhair Clean Supporter

    It's clear the coin is worth a different amount to each person that posted. Some would not want to mess with it. Some may not have a place to go with it. No question, the right person could turn the coin and make good money on it. Dealers that buy and sell all the time would have more options than I do.
    It's good to know the value of these has gone up so much. I have a few I should sent to auction.
     
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  16. -jeffB

    -jeffB Greshams LEO Supporter

    I like dealing with detail coins. I get the same "holding history" kick from them that I get from unimpaired coins -- more, in fact, because (a) they show more signs of their history, and (b) I can actually hold them without worrying about "hurting their value".

    I didn't state an amount for this one because I couldn't be a serious contender for it, and because I haven't put in the work to confidently authenticate it myself. If I knew it was authentic, and I had the opportunity to grab it for $200 or less, I probably would -- I'd be confident that I could flip it at a profit, and I might keep it to fill an album spot of my own. But as the thread has shown, I'd be outbid by others with more knowledge and/or more confidence.
     
  17. Cheech9712

    Cheech9712 Every thing is a guess

    I could never save 1000 dollars. To many grandkids birthdays and Christmas
     
  18. Cheech9712

    Cheech9712 Every thing is a guess

    We could do without the name calling. Not a best way to start a thread. Loosen the top button on your shirt. And laugh it up with the rest of us.
     
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  19. Cheech9712

    Cheech9712 Every thing is a guess

    Yeah. I didn’t like that either. I’d have to get a latter to get on a pedestal
     
  20. Cheech9712

    Cheech9712 Every thing is a guess

    Your behavior is not to insiders liking. Duck
     
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  21. Cheech9712

    Cheech9712 Every thing is a guess

    I agree. Would be a great coin for a book. A 09 without plastic is appealing. I could even even let the grandkids check it out without hovering over them. I know I would like to really touch this coin
     
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