Second, while there are some VERY coin-knowledgable people on these Boards (some of whom have responded to your post), you will rarely find universal agreement.
Your purchase was a bargain. Folks here call it a cherry pick. Some claim they would not make such a "too good to be true" purchase and would have paid more. In my opinion, this is easy to type, but not practiced much in the real world. Would I have done it? I don't know, I wasn't there and don't know the circumstances. You bought the coin at a yard sale, from a willing seller selling only one coin. Congratulations to you.
Coin grading is VERY subjective. The Boards have many GTG (guess the grade) posts. NONE have universal agreement on the grade. I would have guessed MS62-MS63 based on your photos, largely for the clean fields. But I do see where there may be rubs on the coin's high points. The retail price for your coin in AU-58 is about $225; note that it only jumps to $275 for an MS63 grade. Comparable eBay sales show an AU-58 value in the $175-$225 range.
Folks around here ask all the time, "is it worth getting it graded?" This is a personal decision, and there is no "right" answer. You've already been advised that it will cost you about $50 total (grading/shipping) to get it graded. If 27 is your lucky number, and you want the coin authenticated, graded and protected, by all means, send it to PCGS. If you want to resell it, I wouldn't recommend sending it to PCGS.
It sounds simple, but the advice of squeezing the staples down is wise. Those darn staples have caused more damage to coins than can be counted.
All of this is my opinion, and as I said above, some/many may disagree. Nonetheless, a free piece of input.
Welcome aboard!
If we were all the same, the world would be an incredibly boring place.
@Coinscratch said:
Here come all the righteous do-gooders give me a break! So, you tell the sweet lil old lady that you think the coin is worth 200.00 and so you pay her 200.00. When the coin comes back details do you go back looking for her as well...
I would have offered 10 bucks
Go ahead and call me a righteous do-gooder if you wish. There’s a huge difference between your $200 scenario and one in which you offer only $10 and would be assured of making a hefty profit (1000%+), in any scenario other than the coin being counterfeit.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Exactly! Stealing a deal is my MO so yes I won’t go on my good will gesture trip hunting for coins 🤔
@Coinscratch said:
Here come all the righteous do-gooders give me a break! So, you tell the sweet lil old lady that you think the coin is worth 200.00 and so you pay her 200.00. When the coin comes back details do you go back looking for her as well...
I would have offered 10 bucks
Any coin shot in direct sunlight is going to look "off." Your commemorative might be an AU, or it could be a GEM. "IF" you are sending in other coins for grading, sure- add this to the invoice. (I wouldn't necessarily send it in alone.)
@pursuitofliberty said: @Coinscratch Not often I get called a do-gooder. I'll take that as a compliment if it was directed at me.
Somewhere over values of about $50., and I generally want to be close to 50c on he "worst case" dollar from someone who doesn't know or doesn't care to find out ... especially little old ladies ... so I can still sleep. Buying anything has some risk and effort to sell (if I didn't want to keep it).
10c (or less) on the dollar from you, when you are supposed to know? No problem.
I'm not as nice as I might seem. Some people think I'm an a**hole.
I don't think you're an A-hole nor Am I calling anyone here one. It's just this premise that goes against the grain. We all are basically taught to cherry pick. Truth be told, if I knew beyond a shadow of a doubt that the coin was worth 200.00 I would have offered more and maybe 50%. Like Delaware said it would depend on the seller and the particular situation.
@pursuitofliberty said:
If it's what I think it is (AU55/58sh) no way I don't figure out how to drop the better part of a C-note, even if I have to buy some other "clutter"...
I like this idea in general (not commenting on the OP's case.)
Telling the yard sale owner that it might be worth more could be a case of "no good deed goes unpunished". They might jack up the price to the point that it is then overpriced and an unsuspecting buyer might get ripped off.
@pursuitofliberty said:
If it's what I think it is (AU55/58sh) no way I don't figure out how to drop the better part of a C-note, even if I have to buy some other "clutter"...
I like this idea in general (not commenting on the OP's case.)
Telling the yard sale owner that it might be worth more could be a case of "no good deed goes unpunished". They might jack up the price to the point that it is then overpriced and an unsuspecting buyer might get ripped off.
Suggesting a seller is capable of ripping someone off? Blasphemy!
@Bdog9027 said:
..other stuff to get graded soon. Was told the more the cheaper it ultimately ends up? Idk really Hoping someone could fill me in on that
If you choose to do it yourself ...
PCGS 'Collectors Club' Membership - Ag @ $69 w/ 0 vouchers, Au @ $149 w/ 4 vouchers, or Pt @ $249 w/ 8 vouchers. Note - The voucher covers a grading fee at the "regular" service level; max coin value = $2,500.
Service Level (Submission Form, Box #6) - Use one voucher per coin, if appropriate, OR add the correct grading fee per coin.
Add-On Services (Submission Form, Box #7) - Add any 'extras'. For example, True View, if your service level does not already include it.
Handling Fee (Submission Form, Box #9) - $10 per submission form. Only one "service group" (box #3), "service type" (box #5) and "service level" (box #6) per form. Note - you can include multiple submission forms in one shipment to PCGS. However, you have to pay a return shipping fee for each submission form.
Return Shipping Fee (Submission Form, Box #9) - Amount determined by number of coins, and declared value. See the table at the top of the second page of the submission form.
Shipment to PCGS (Guidelines) - USPS 'Registered Mail' is recommended. Amount is greatly influenced by insurance value.
Submission Form: Attached (usacoin.pdf)
Example:
The subject coin (declared value ~ $250), plus three 90's era 1.0 oz. gold Pandas (declared value ~ $2,500 each). Note - the Panda values are just an estimate. For all I know, you have the more valuable versions, like 390854.
PCGS Membership - $149 (Au w/ 4 vouchers)
Service Group (Box #3) - $0.00; "Gold Shield" (the $5 "Gold Shield" up-charge is covered by the voucher)
Service Type (Box #5) - $0.00; "Grading"
Service Level (Box #6) - $0.00; "Regular" (use the 4 vouchers; "service level" already includes "Gold Shield")
Add-Ons (Box #7) - $0.00; None ("True View" images are already included at no additional cost as part of "Gold Shield")
Handling Fee (Box #9) - $10.00
Return Shipping Fee (Box #9) - $36.00 (4 coins; $7,750 declared value)
Excellent pictures. The hobby is best advantaged when people are enjoying it, when buyers and sellers know what they have and are content with reasonable buy/sell margins. There are plenty of underpriced items at tag sales if you go to enough of them, but it would be hard pressed to find numismatics around here in the suburban NY area. Good coins don't show up out of thin air, there is always a story especially on a nice Vermont like that.
The other day I was at a shop where the owner was painstakingly helping a seller value what he had, I guess he didn't know how to look thing up online. And he was offering far more than any other dealer I know would, such as a corroded large cent in lower grade, 4 reales etc.. Still it wasn't enough for him he was going to shop them around. He said he wanted to buy a motor home. It was like a segment out of breaking bad.
@pursuitofliberty said: @Coinscratch Not often I get called a do-gooder. I'll take that as a compliment if it was directed at me.
Somewhere over values of about $50., and I generally want to be close to 50c on he "worst case" dollar from someone who doesn't know or doesn't care to find out ... especially little old ladies ... so I can still sleep. Buying anything has some risk and effort to sell (if I didn't want to keep it).
10c (or less) on the dollar from you, when you are supposed to know? No problem.
I'm not as nice as I might seem. Some people think I'm an a**hole.
Join the club. I’m an asshole too. 3 wives have convinced me.
@TomB said:
In my opinion (stress on opinion) if you submit this coin you will simply take $30 or so out of your pocket.
But it will remove (hopefully) any question of the coin being cleaned.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@logger7 said:
Excellent pictures. The hobby is best advantaged when people are enjoying it, when buyers and sellers know what they have and are content with reasonable buy/sell margins. There are plenty of underpriced items at tag sales if you go to enough of them, but it would be hard pressed to find numismatics around here in the suburban NY area. Good coins don't show up out of thin air, there is always a story especially on a nice Vermont like that.
The other day I was at a shop where the owner was painstakingly helping a seller value what he had, I guess he didn't know how to look thing up online. And he was offering far more than any other dealer I know would, such as a corroded large cent in lower grade, 4 reales etc.. Still it wasn't enough for him he was going to shop them around. He said he wanted to buy a motor home. It was like a segment out of breaking bad.
@logger7 said:
Excellent pictures. The hobby is best advantaged when people are enjoying it, when buyers and sellers know what they have and are content with reasonable buy/sell margins. There are plenty of underpriced items at tag sales if you go to enough of them, but it would be hard pressed to find numismatics around here in the suburban NY area. Good coins don't show up out of thin air, there is always a story especially on a nice Vermont like that.
The other day I was at a shop where the owner was painstakingly helping a seller value what he had, I guess he didn't know how to look thing up online. And he was offering far more than any other dealer I know would, such as a corroded large cent in lower grade, 4 reales etc.. Still it wasn't enough for him he was going to shop them around. He said he wanted to buy a motor home. It was like a segment out of breaking bad.
@logger7 said:
Excellent pictures. The hobby is best advantaged when people are enjoying it, when buyers and sellers know what they have and are content with reasonable buy/sell margins. There are plenty of underpriced items at tag sales if you go to enough of them, but it would be hard pressed to find numismatics around here in the suburban NY area. Good coins don't show up out of thin air, there is always a story especially on a nice Vermont like that.
The other day I was at a shop where the owner was painstakingly helping a seller value what he had, I guess he didn't know how to look thing up online. And he was offering far more than any other dealer I know would, such as a corroded large cent in lower grade, 4 reales etc.. Still it wasn't enough for him he was going to shop them around. He said he wanted to buy a motor home. It was like a segment out of breaking bad.
I know of a great deal right now someone is offering online if you want to pm me
I've got a lot to learn about grading, I really thought it would be more like MS62....would the plastic holder make a difference, grading from photos is difficult enough.
I've got a lot to learn about grading, I really thought it would be more like MS62....would the plastic holder make a difference, grading from photos is difficult enough.
I’m not @TomB 😉and I’m not going to claim that I know the coin is AU. But in particular, see the lighter (whitish) colored areas on the cheek, jaw and upper right portion of the collar on the the obverse portrait and on the lower half of the belly on the catamount on the reverse. Those appear to me to be slight rub/wear - indications that the coin is AU.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
In reading through these posts, I'm reminded of a different thread pertaining to "what your coins are going to do in case of your demise..." or something like that.
Just a thought...
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
FWIW, I was only talking about the price for the coin itself being remarkable, I wasn't even realizing the fact that the OP got it from a lady who didn't know what it was worth, it was only after seeing some others post that I went back and read the original post again to find what I'd missed.
It is a great coin to have, at a good price but getting a good deal isn't everything, there are some ethical questions involved as well, I've never been in a situation like this before but I hope I'd be honest and give the seller an idea of what it was actually worth and proceed from there.
."It's a dangerous business... going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to" -JRR Tolkien_________________________________________________________________________________________________________________________________________Outstanding BST transactions as a seller, buyer and trader with: ----- mustanggt, Kliao, claudewill87, MWallace, paesan, mpbuck82, moursund, basetsb, lordmarcovan, JWP, Coin hunter 4, COINS MAKE CENTS, PerryHall, Aspie_Rocco, Braddick, DBSTrader2, SanctionII, Histman, The_Dinosaur_Man, jesbroken, CentSearcher ------ANA Member #3214817
see the lighter (whitish) colored areas on the cheek, jaw and upper right portion of the collar on the the obverse portrait and on the lower half of the belly on the catamount on the reverse. Those appear to me to be slight rub/wear - indications that the coin is AU.
Honestly i would personally go back to her, Advise her of the value and offer her a bit more money, By doing this she may offer you more goodies at reasonable money. It will show her integrity. One never knows what she may be holding she may have many more.
@morgansareforever said:
Honestly i would personally go back to her, Advise her of the value and offer her a bit more money, By doing this she may offer you more goodies at reasonable money. It will show her integrity. One never knows what she may be holding she may have many more.
@morgansareforever said:
Honestly i would personally go back to her, Advise her of the value and offer her a bit more money, By doing this she may offer you more goodies at reasonable money. It will show her integrity. One never knows what she may be holding she may have many more.
@morgansareforever said:
Honestly i would personally go back to her, Advise her of the value and offer her a bit more money, By doing this she may offer you more goodies at reasonable money. It will show her integrity. One never knows what she may be holding she may have many more.
You do realize this was now nearly 6 months ago?
Not too late to send the women a few 20's with an explanation. The problem with offering a seller more than they ask is that they will suddenly believe their coin is worth much more than what you're offering and refuse to sell the coin at any reasonable price.
Many years ago, I was in a general store in Vermont. While making a purchase, I got a Mercury dime in change. I commented that the coin was really a find. The kid behind the counter told me that he had other odd stuff in the cash register and pulled out two Standing Liberty quarters, several Buffalo nickels and a Liberty Walking half dollar. I paid for them and the kid thanked me for taking them off of his hands because he thought they were Canadian. In small towns, a lot of store owners know their customers and I was hoping he could identify the person who gave him the coins so I could "make it right.". He said that he had never seen her before but that it was an old woman who carefully counted the money to buy a loaf of bread. He took the money even though it was "Canadian" to help her out. I eventually sold the coins but looking back, I wish I had given the money I was paid to a charity. I think about that often and wish I had handled it better. I was much younger then and I hope today that if I were in the same position, I would do better.
I tell this story not to pass judgement but I believe that those of us who are educated in numismatics can use our knowledge to help others.
@morgansareforever said:
Honestly i would personally go back to her, Advise her of the value and offer her a bit more money, By doing this she may offer you more goodies at reasonable money. It will show her integrity. One never knows what she may be holding she may have many more.
You do realize this was now nearly 6 months ago?
Not too late to send the women a few 20's with an explanation. The problem with offering a seller more than they ask is that they will suddenly believe their coin is worth much more than what you're offering and refuse to sell the coin at any reasonable price.
Not always the case, Sometimes they have other things and do indeed sell them. Then Again i would send a few dollars more and expect nothing more than a Thank you, She may tell two friends and so on, There are some people who still believe in honesty
@morgansareforever said:
Honestly i would personally go back to her, Advise her of the value and offer her a bit more money, By doing this she may offer you more goodies at reasonable money. It will show her integrity. One never knows what she may be holding she may have many more.
You do realize this was now nearly 6 months ago?
6 Months or 6 years, Still Forms a good relationship with seller. Who knows she may have other items she will decide to sell later on, Heck she may have friends she will refer to sell .
@logger7 said:
Like taking candy from a baby....Too bad people don't do any research on the value of what they have.
There are people out there who really don't care about the "value" of items like this. > @Coinscratch said:
Here come all the righteous do-gooders give me a break! So, you tell the sweet lil old lady that you think the coin is worth 200.00 and so you pay her 200.00. When the coin comes back details do you go back looking for her as well...
I would have offered 10 bucks
Is this what you teach your children?
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
I found an original bank-wrapped roll of 1913 Liberty nickels at a yard sale yesterday. Paid $1 over face!
USAF (Ret) 1974 - 1994 - The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Remembering RickO, a brother in arms.
@logger7 said:
Like taking candy from a baby....Too bad people don't do any research on the value of what they have.
There are people out there who really don't care about the "value" of items like this. > @Coinscratch said:
Here come all the righteous do-gooders give me a break! So, you tell the sweet lil old lady that you think the coin is worth 200.00 and so you pay her 200.00. When the coin comes back details do you go back looking for her as well...
I would have offered 10 bucks
Is this what you teach your children?
Well, I don't teach them how to rip off lil ole granny but I do teach them to be independent thinkers with limits on prejudice.
@Dreamcrusher said:
Many years ago, I was in a general store in Vermont. While making a purchase, I got a Mercury dime in change. I commented that the coin was really a find. The kid behind the counter told me that he had other odd stuff in the cash register and pulled out two Standing Liberty quarters, several Buffalo nickels and a Liberty Walking half dollar. I paid for them and the kid thanked me for taking them off of his hands because he thought they were Canadian. In small towns, a lot of store owners know their customers and I was hoping he could identify the person who gave him the coins so I could "make it right.". He said that he had never seen her before but that it was an old woman who carefully counted the money to buy a loaf of bread. He took the money even though it was "Canadian" to help her out. I eventually sold the coins but looking back, I wish I had given the money I was paid to a charity. I think about that often and wish I had handled it better. I was much younger then and I hope today that if I were in the same position, I would do better.
I tell this story not to pass judgement but I believe that those of us who are educated in numismatics can use our knowledge to help others.
I must've missed the swing and a miss! Or was it Karma? Looking back at B-dogs posts he sounded like an excited new collector asking the same types of questions we all did. Oh well, best of luck to you bdog.
@Dreamcrusher said:
Many years ago, I was in a general store in Vermont. While making a purchase, I got a Mercury dime in change. I commented that the coin was really a find. The kid behind the counter told me that he had other odd stuff in the cash register and pulled out two Standing Liberty quarters, several Buffalo nickels and a Liberty Walking half dollar. I paid for them and the kid thanked me for taking them off of his hands because he thought they were Canadian. In small towns, a lot of store owners know their customers and I was hoping he could identify the person who gave him the coins so I could "make it right.". He said that he had never seen her before but that it was an old woman who carefully counted the money to buy a loaf of bread. He took the money even though it was "Canadian" to help her out. I eventually sold the coins but looking back, I wish I had given the money I was paid to a charity. I think about that often and wish I had handled it better. I was much younger then and I hope today that if I were in the same position, I would do better.
I tell this story not to pass judgement but I believe that those of us who are educated in numismatics can use our knowledge to help others.
That's why you're a dreamcrusher! If you told this woman the coins were very valuable and worth more than face, you wouldn't live up to that name!
@Dreamcrusher said:
Many years ago, I was in a general store in Vermont. While making a purchase, I got a Mercury dime in change. I commented that the coin was really a find. The kid behind the counter told me that he had other odd stuff in the cash register and pulled out two Standing Liberty quarters, several Buffalo nickels and a Liberty Walking half dollar. I paid for them and the kid thanked me for taking them off of his hands because he thought they were Canadian. In small towns, a lot of store owners know their customers and I was hoping he could identify the person who gave him the coins so I could "make it right.". He said that he had never seen her before but that it was an old woman who carefully counted the money to buy a loaf of bread. He took the money even though it was "Canadian" to help her out. I eventually sold the coins but looking back, I wish I had given the money I was paid to a charity. I think about that often and wish I had handled it better. I was much younger then and I hope today that if I were in the same position, I would do better.
I tell this story not to pass judgement but I believe that those of us who are educated in numismatics can use our knowledge to help others.
That's why you're a dreamcrusher! If you told this woman the coins were very valuable and worth more than face, you wouldn't live up to that name!
I once had an old woman call me who asked me if 1964 Kennedy half dollars were made of silver, I told her that they were. She told me that she was so happy because now she could sell it and pay her fuel bill for the winter. I explained to her the value of the coin and then I looked up organizations she could contact that might help her. I mention this because there are several dreamcrushers out there and they are personal friends and are the finest people I know. We educate people and then help them if we can. Some people are looking to get rich quick and become angry with us. We can't help those people but at least we deal with them honestly.
One gentleman contacted me because he had a wire-rim St . Gaudens and was offered a ridiculously low amount for it. I handed him over to another dreamcrusher who helped the man get a lot of money for his coin. I crushed the dream of the original dealer and I'm glad. THAT is what dreamcrushers do.
My general rule is to assume a seller knows what they have and approximately what it's worth. In the case of this half dollar, it's possible the seller went to a local shop and was offered melt, but decided to keep it instead because it was pretty. Eventually she sold it at the garage sale for more than melt, and was happy. Or something like that.
PM me for coin photography equipment, or visit my website:
Comments
First of all, welcome to the Boards.
Second, while there are some VERY coin-knowledgable people on these Boards (some of whom have responded to your post), you will rarely find universal agreement.
Your purchase was a bargain. Folks here call it a cherry pick. Some claim they would not make such a "too good to be true" purchase and would have paid more. In my opinion, this is easy to type, but not practiced much in the real world. Would I have done it? I don't know, I wasn't there and don't know the circumstances. You bought the coin at a yard sale, from a willing seller selling only one coin. Congratulations to you.
Coin grading is VERY subjective. The Boards have many GTG (guess the grade) posts. NONE have universal agreement on the grade. I would have guessed MS62-MS63 based on your photos, largely for the clean fields. But I do see where there may be rubs on the coin's high points. The retail price for your coin in AU-58 is about $225; note that it only jumps to $275 for an MS63 grade. Comparable eBay sales show an AU-58 value in the $175-$225 range.
Folks around here ask all the time, "is it worth getting it graded?" This is a personal decision, and there is no "right" answer. You've already been advised that it will cost you about $50 total (grading/shipping) to get it graded. If 27 is your lucky number, and you want the coin authenticated, graded and protected, by all means, send it to PCGS. If you want to resell it, I wouldn't recommend sending it to PCGS.
It sounds simple, but the advice of squeezing the staples down is wise. Those darn staples have caused more damage to coins than can be counted.
All of this is my opinion, and as I said above, some/many may disagree. Nonetheless, a free piece of input.
Welcome aboard!
If we were all the same, the world would be an incredibly boring place.
Tommy
AU with impaired surfaces as although this issue doesn't have cartwheel luster it's flat instead of satiny.
Still worth more than $15.00 even with a hole drilled in it.
Looks like $200 raw to me. Not worth grading
Go ahead and call me a righteous do-gooder if you wish. There’s a huge difference between your $200 scenario and one in which you offer only $10 and would be assured of making a hefty profit (1000%+), in any scenario other than the coin being counterfeit.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
When buying from folks who don't know their stuff and are straight about it, I tend to pay up closer to 70% of what I think it is worth.
When they're arrogant, trying to sell me on it, or generally being a know it all, I'll rip 'em and walk.
A nice old lady would get a few bucks more for sure.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Exactly!
Stealing a deal is my MO so yes I won’t go on my good will gesture trip hunting for coins 🤔
@Bdog9027 Good Pick!
Pictures aren't the best but it's at least a $225 coin. Don't clean it in any way!!!
Any coin shot in direct sunlight is going to look "off." Your commemorative might be an AU, or it could be a GEM. "IF" you are sending in other coins for grading, sure- add this to the invoice. (I wouldn't necessarily send it in alone.)
peacockcoins
what a guy.
I don't think you're an A-hole nor Am I calling anyone here one. It's just this premise that goes against the grain. We all are basically taught to cherry pick. Truth be told, if I knew beyond a shadow of a doubt that the coin was worth 200.00 I would have offered more and maybe 50%. Like Delaware said it would depend on the seller and the particular situation.
I like this idea in general (not commenting on the OP's case.)
Telling the yard sale owner that it might be worth more could be a case of "no good deed goes unpunished". They might jack up the price to the point that it is then overpriced and an unsuspecting buyer might get ripped off.
Suggesting a seller is capable of ripping someone off? Blasphemy!
Nothing is as expensive as free money.
If you choose to do it yourself ...
PCGS 'Collectors Club' Membership - Ag @ $69 w/ 0 vouchers, Au @ $149 w/ 4 vouchers, or Pt @ $249 w/ 8 vouchers.
Note - The voucher covers a grading fee at the "regular" service level; max coin value = $2,500.
Service Level (Submission Form, Box #6) - Use one voucher per coin, if appropriate, OR add the correct grading fee per coin.
Add-On Services (Submission Form, Box #7) - Add any 'extras'. For example, True View, if your service level does not already include it.
Handling Fee (Submission Form, Box #9) - $10 per submission form. Only one "service group" (box #3), "service type" (box #5) and "service level" (box #6) per form.
Note - you can include multiple submission forms in one shipment to PCGS. However, you have to pay a return shipping fee for each submission form.
Return Shipping Fee (Submission Form, Box #9) - Amount determined by number of coins, and declared value. See the table at the top of the second page of the submission form.
Shipment to PCGS (Guidelines) - USPS 'Registered Mail' is recommended. Amount is greatly influenced by insurance value.
Submission Form: Attached (usacoin.pdf)
Example:
The subject coin (declared value ~ $250), plus three 90's era 1.0 oz. gold Pandas (declared value ~ $2,500 each).
Note - the Panda values are just an estimate. For all I know, you have the more valuable versions, like 390854.
PCGS Membership - $149 (Au w/ 4 vouchers)
Service Group (Box #3) - $0.00; "Gold Shield" (the $5 "Gold Shield" up-charge is covered by the voucher)
Service Type (Box #5) - $0.00; "Grading"
Service Level (Box #6) - $0.00; "Regular" (use the 4 vouchers; "service level" already includes "Gold Shield")
Add-Ons (Box #7) - $0.00; None ("True View" images are already included at no additional cost as part of "Gold Shield")
Handling Fee (Box #9) - $10.00
Return Shipping Fee (Box #9) - $36.00 (4 coins; $7,750 declared value)
Total = $195.00 + Cost to Ship Coins to PCGS
Excellent pictures. The hobby is best advantaged when people are enjoying it, when buyers and sellers know what they have and are content with reasonable buy/sell margins. There are plenty of underpriced items at tag sales if you go to enough of them, but it would be hard pressed to find numismatics around here in the suburban NY area. Good coins don't show up out of thin air, there is always a story especially on a nice Vermont like that.
The other day I was at a shop where the owner was painstakingly helping a seller value what he had, I guess he didn't know how to look thing up online. And he was offering far more than any other dealer I know would, such as a corroded large cent in lower grade, 4 reales etc.. Still it wasn't enough for him he was going to shop them around. He said he wanted to buy a motor home. It was like a segment out of breaking bad.
Join the club. I’m an asshole too. 3 wives have convinced me.
But it will remove (hopefully) any question of the coin being cleaned.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I know of a great deal right now someone is offering online if you want to pm me
If the coin hasn’t been cleaned, plenty of potential buyers won’t need it to be graded in order to answer that question/reach that conclusion.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I think it's an AU58.
I've got a lot to learn about grading, I really thought it would be more like MS62....would the plastic holder make a difference, grading from photos is difficult enough.
regaurdless - Heck of a buy!
"When they can't find anything wrong with you, they create it!"
I’m not @TomB 😉and I’m not going to claim that I know the coin is AU. But in particular, see the lighter (whitish) colored areas on the cheek, jaw and upper right portion of the collar on the the obverse portrait and on the lower half of the belly on the catamount on the reverse. Those appear to me to be slight rub/wear - indications that the coin is AU.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
In reading through these posts, I'm reminded of a different thread pertaining to "what your coins are going to do in case of your demise..." or something like that.
Just a thought...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
FWIW, I was only talking about the price for the coin itself being remarkable, I wasn't even realizing the fact that the OP got it from a lady who didn't know what it was worth, it was only after seeing some others post that I went back and read the original post again to find what I'd missed.
It is a great coin to have, at a good price but getting a good deal isn't everything, there are some ethical questions involved as well, I've never been in a situation like this before but I hope I'd be honest and give the seller an idea of what it was actually worth and proceed from there.
."It's a dangerous business... going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to" -JRR Tolkien_________________________________________________________________________________________________________________________________________Outstanding BST transactions as a seller, buyer and trader with: ----- mustanggt, Kliao, claudewill87, MWallace, paesan, mpbuck82, moursund, basetsb, lordmarcovan, JWP, Coin hunter 4, COINS MAKE CENTS, PerryHall, Aspie_Rocco, Braddick, DBSTrader2, SanctionII, Histman, The_Dinosaur_Man, jesbroken, CentSearcher ------ANA Member #3214817
see the lighter (whitish) colored areas on the cheek, jaw and upper right portion of the collar on the the obverse portrait and on the lower half of the belly on the catamount on the reverse. Those appear to me to be slight rub/wear - indications that the coin is AU.
Thanks I see that now.
Honestly i would personally go back to her, Advise her of the value and offer her a bit more money, By doing this she may offer you more goodies at reasonable money. It will show her integrity. One never knows what she may be holding she may have many more.
You do realize this was now nearly 6 months ago?
https://www.the4thcoin.com
https://www.ebay.com/str/thefourthcoin
And the OP was banned back then, also.
He lasted two weeks.
Not too late to send the women a few 20's with an explanation. The problem with offering a seller more than they ask is that they will suddenly believe their coin is worth much more than what you're offering and refuse to sell the coin at any reasonable price.
Many years ago, I was in a general store in Vermont. While making a purchase, I got a Mercury dime in change. I commented that the coin was really a find. The kid behind the counter told me that he had other odd stuff in the cash register and pulled out two Standing Liberty quarters, several Buffalo nickels and a Liberty Walking half dollar. I paid for them and the kid thanked me for taking them off of his hands because he thought they were Canadian. In small towns, a lot of store owners know their customers and I was hoping he could identify the person who gave him the coins so I could "make it right.". He said that he had never seen her before but that it was an old woman who carefully counted the money to buy a loaf of bread. He took the money even though it was "Canadian" to help her out. I eventually sold the coins but looking back, I wish I had given the money I was paid to a charity. I think about that often and wish I had handled it better. I was much younger then and I hope today that if I were in the same position, I would do better.
I tell this story not to pass judgement but I believe that those of us who are educated in numismatics can use our knowledge to help others.
Not always the case, Sometimes they have other things and do indeed sell them. Then Again i would send a few dollars more and expect nothing more than a Thank you, She may tell two friends and so on, There are some people who still believe in honesty
6 Months or 6 years, Still Forms a good relationship with seller. Who knows she may have other items she will decide to sell later on, Heck she may have friends she will refer to sell .
If the coin turned out to be counterfeit would you have gone back and asked for your money back?
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
There are people out there who really don't care about the "value" of items like this. > @Coinscratch said:
Is this what you teach your children?
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
I found an original bank-wrapped roll of 1913 Liberty nickels at a yard sale yesterday. Paid $1 over face!
USAF (Ret) 1974 - 1994 - The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Remembering RickO, a brother in arms.
I'll take one and give you a handsome profit.
Well, I don't teach them how to rip off lil ole granny but I do teach them to be independent thinkers with limits on prejudice.
Still can …
I must've missed the swing and a miss! Or was it Karma? Looking back at B-dogs posts he sounded like an excited new collector asking the same types of questions we all did. Oh well, best of luck to you bdog.
That's why you're a dreamcrusher! If you told this woman the coins were very valuable and worth more than face, you wouldn't live up to that name!
wrong thread
Founder- Peak Rarities
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wrong thread
Founder- Peak Rarities
Website
Instagram
Facebook
I once had an old woman call me who asked me if 1964 Kennedy half dollars were made of silver, I told her that they were. She told me that she was so happy because now she could sell it and pay her fuel bill for the winter. I explained to her the value of the coin and then I looked up organizations she could contact that might help her. I mention this because there are several dreamcrushers out there and they are personal friends and are the finest people I know. We educate people and then help them if we can. Some people are looking to get rich quick and become angry with us. We can't help those people but at least we deal with them honestly.
One gentleman contacted me because he had a wire-rim St . Gaudens and was offered a ridiculously low amount for it. I handed him over to another dreamcrusher who helped the man get a lot of money for his coin. I crushed the dream of the original dealer and I'm glad. THAT is what dreamcrushers do.
My general rule is to assume a seller knows what they have and approximately what it's worth. In the case of this half dollar, it's possible the seller went to a local shop and was offered melt, but decided to keep it instead because it was pretty. Eventually she sold it at the garage sale for more than melt, and was happy. Or something like that.
http://macrocoins.com