What do you think of this 1839-O?
Herb_T
Posts: 1,755 ✭✭✭✭✭
Looking for your knowledgeable opinions! Also what would you pay for it? Thank you in advance.
https://www.ebay.com/itm/144239101321?hash=item2195520589:g:t0kAAOSwvgdhKns2
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Comments
Already discussed
Thank you! That got by me.
Maybe @maprince230 will be kind enough to join this thread and say why he returned it.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Be patient.
As an aside, there are few folks on these boards who have handled more mid-grade, meaty and original 1839-O RE half dollars than I have over the years, so you may want to send a PM at some point if you have a question about this issue. Good luck!
In honor of the memory of Cpl. Michael E. Thompson
No way on God's green earth would I ever pay for a coin as expensive as that without the blessing of a major third party grading service.
When I was a dealer, I would have paid it. It's one of the ways for a dealer to use his or her grading skills and get a bigger payday. You grade coin, figure what it's worth and then deduct what you are willing to pay for the grading fees, shipping and some wiggle room if you don't get the grade you expect.
I bought pieces like an 1877 Indian Cent in EF-AU and a 1909-S-VDB raw because I knew that they were good. They came back with the grades I expected, and I had a good payday as a result.
This is an EF coin. In the old days it would have been an EF-40, but today it's probably an EF-45. The asking price is too high for a dealer to pay, but a collector might consider it.
You sound quite confident that it would straight grade at PCGS. I have to question why it hasn't already, and wouldn't be comfortable paying more than XF Details money for it. YMMV.