Hello,
Have the opportunity to invest in a good looking 25¢ 1870, with grade PR64 J876, PCGS-certificate number 5224073. But I need help with a reasonable valuation to know what to bid. Se pictures.
@Eman4671 said:
Trying to get a good view in to the value and pricing. I’m having a hard time getting a clear picture of the current pricing😊
@pursuitofliberty said:
Add Judd-876 to the title line of this thread.
Handsome example from what I can tell. Esoteric, and quite rare (low R-7 last I knew).
Would have to view in hand to get an idea, and would take quite a bit of digging on prices.
Only found a couple auction records. Price guide is in the $4.k range, but that's the same price a 64 CAM sold for in 2004
It's going to be tough ... I think it'll be what the last two people standing are willing to pay if it ever goes up for sale again. Rarely do these cross a block.
I'm not sure $4.k is that far off though, but this is not my specialty, at all. Mostly I think that is the case based on demand, which will be fairly low, comparatively ... because based on just absolute rarity, it's a once in a blue moon thing.
But, now I'm curious, dang it!!
So, let's see if any of these guys can help push the thread forward over the weekend, either with their thoughts, or getting another specialist to chime in
You write "invest" and "bid" for the coin. So, is this in an upcoming auction? If so, the other bidders, and any reserve price, will go a long way into pushing you to the final price.
The positives for this piece are the fact that it is in an OGH and it is part of the six-piece standard set by William Barber. Of course, the downside includes the idea that this is a six-piece set, which may dissuade folks from bidding if they can't hope to complete the set and that this piece shows a prominent fingerprint all across the obverse. These sets were offered in silver, copper and aluminum with either plain or reeded edges and even though none is at all common (likely a dozen sets of each type, or less, were sold) there are still potentially a few coins out there to satisfy what is generally an awfully thin market demand.
In my opinion, I believe @pursuitofliberty has nailed the reasonable expectation of this piece at around $4k with perhaps a little higher coming in depending upon the venue. It's not an ugly example, but it also isn't a stunner and the fingerprint is pretty darn obvious. Good luck.
I have nothing to add to above answers about the coin. For me will be a big pass due to the state of this piece.
One thing: IMHO you come and post just for fishing. I invest, but never test the market or opinions about something specific. If you want too invest you has to study the market, the potential and also the Royalties. I will pass this piece easy, personally I do not know no collector or investor for those. So I invest in something which I have no idea where I can have return? Sorry to tell you but seem you has ideas but you are, I think to green for this.
Sorry if you feel I was rude, but is the best way to learn on investing. For those money, 2 St. Gaulden's will be a good start for you.
NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN
Thanks for the answer!
The coin is up for auction at a small Swedish auction house. The starting price is 500$
@TomB said:
You write "invest" and "bid" for the coin. So, is this in an upcoming auction? If so, the other bidders, and any reserve price, will go a long way into pushing you to the final price.
The positives for this piece are the fact that it is in an OGH and it is part of the six-piece standard set by William Barber. Of course, the downside includes the idea that this is a six-piece set, which may dissuade folks from bidding if they can't hope to complete the set and that this piece shows a prominent fingerprint all across the obverse. These sets were offered in silver, copper and aluminum with either plain or reeded edges and even though none is at all common (likely a dozen sets of each type, or less, were sold) there are still potentially a few coins out there to satisfy what is generally an awfully thin market demand.
In my opinion, I believe @pursuitofliberty has nailed the reasonable expectation of this piece at around $4k with perhaps a little higher coming in depending upon the venue. It's not an ugly example, but it also isn't a stunner and the fingerprint is pretty darn obvious. Good luck.
Keep in mind that PCGS has graded five of these (maybe with duplicates) and none have sold publicly for 18½ years. So there is no real consensus for what these are worth. These are in all grades. So anything anyone here tells you is really nothing more than a guess.
The general guess at an old figure of $4K is a good base... Could go for more or less, depending on the auction audience. At R7, they do not come often, but also a very small collector base. Good luck, Cheers, RickO
When trying to estimate values of coins with extremely limited and/or no recent auction appearances, this certainly doesn’t always help, but…
I look at any available sales of the same coin in different grades and compare their numbers to those in the price guides. In the case of this coin, Heritage auctioned a PCGS PR65+ Cameo CAC example for $6,300 in April of 2021. And the current PCGS a price guide value is listed at $7200. See link below.
My thinking is that based on that sale, the current price guide doesn’t appear to be unrealistic. That, in turn, gives me at least some basis to conclude that the price guide value for a PR64 might be a good starting place.
Granted, this exercise wasn’t particularly helpful in this case. However, in many instances, similar research can yield more auction results which can be used to compare to listed price guide values. Additionally, regardless of the listed price guide values, seeing what other higher and/or lower graded examples have brought, can assist in estimating a value for the coin you’re interested in.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
OMG Eman. You discuss about EU auction. Are you Shure they has permit to export what it say in EU artifacts and EU treasury? By my fault I lost 12K because instead to send to my brother and then have with Diplomatic mail, I just ask direct post. Company send, tracking No., but the export border confiscate and that is. EU has very strict rules for. Just pay attention. If they took nothing to do. If this small auction house it is not under the Christie's, Sotheby's or Heritage, they can not export.
Pay attention. I have two EU citizens: German and Italian, Also Canadian and US. The Israeli do not count because no house there. So I by what I have (own) in my country, and send to my own propriety in other part, where I am in that moment seem to be logic and normal. Logic. NO EU do not accept.
So good luck. Maybe will work for you.
NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN
Eman4671
Posts: 5 ✭
Comments
Just run the cert# through PCGS Certiication and you can get a value
You do know that it's a pattern, right?
Mike
My Indians
Danco Set
Add Judd-876 to the title line of this thread.
Handsome example from what I can tell. Esoteric, and quite rare (low R-7 last I knew).
Would have to view in hand to get an idea, and would take quite a bit of digging on prices.
Only found a couple auction records. Price guide is in the $4.k range, but that's the same price a 64 CAM sold for in 2004
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
Trying to get a good view in to the value and pricing. I’m having a hard time getting a clear picture of the current pricing😊
It's going to be tough ... I think it'll be what the last two people standing are willing to pay if it ever goes up for sale again. Rarely do these cross a block.
I'm not sure $4.k is that far off though, but this is not my specialty, at all. Mostly I think that is the case based on demand, which will be fairly low, comparatively ... because based on just absolute rarity, it's a once in a blue moon thing.
But, now I'm curious, dang it!!
So, let's see if any of these guys can help push the thread forward over the weekend, either with their thoughts, or getting another specialist to chime in
@TomB @CaptHenway @EagleEye @FredWeinberg
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
HERE YOU GO
https://coins.ha.com/itm/patterns/1870-25c-standard-silver-quarter-dollar-judd-876-pollock-973-low-r7-pr64-cameo-pcgs-william-barber-prepared-liberty-s/a/358-7318.s?ic4=ListView-ShortDescription-071515
Mike
My Indians
Danco Set
You write "invest" and "bid" for the coin. So, is this in an upcoming auction? If so, the other bidders, and any reserve price, will go a long way into pushing you to the final price.
The positives for this piece are the fact that it is in an OGH and it is part of the six-piece standard set by William Barber. Of course, the downside includes the idea that this is a six-piece set, which may dissuade folks from bidding if they can't hope to complete the set and that this piece shows a prominent fingerprint all across the obverse. These sets were offered in silver, copper and aluminum with either plain or reeded edges and even though none is at all common (likely a dozen sets of each type, or less, were sold) there are still potentially a few coins out there to satisfy what is generally an awfully thin market demand.
In my opinion, I believe @pursuitofliberty has nailed the reasonable expectation of this piece at around $4k with perhaps a little higher coming in depending upon the venue. It's not an ugly example, but it also isn't a stunner and the fingerprint is pretty darn obvious. Good luck.
PS: Thank you for the shoutout @pursuitofliberty.
In honor of the memory of Cpl. Michael E. Thompson
I have nothing to add to above answers about the coin. For me will be a big pass due to the state of this piece.
One thing: IMHO you come and post just for fishing. I invest, but never test the market or opinions about something specific. If you want too invest you has to study the market, the potential and also the Royalties. I will pass this piece easy, personally I do not know no collector or investor for those. So I invest in something which I have no idea where I can have return? Sorry to tell you but seem you has ideas but you are, I think to green for this.
Sorry if you feel I was rude, but is the best way to learn on investing. For those money, 2 St. Gaulden's will be a good start for you.
NEVER ARGUE WITH AN IDIOT.
FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.
THEN, THEY WILL BEAT YOU WITH EXPERIENCE.
MARK TWAIN
Thanks for the answer!
The coin is up for auction at a small Swedish auction house. The starting price is 500$
Keep in mind that PCGS has graded five of these (maybe with duplicates) and none have sold publicly for 18½ years. So there is no real consensus for what these are worth. These are in all grades. So anything anyone here tells you is really nothing more than a guess.
The general guess at an old figure of $4K is a good base... Could go for more or less, depending on the auction audience. At R7, they do not come often, but also a very small collector base. Good luck, Cheers, RickO
When trying to estimate values of coins with extremely limited and/or no recent auction appearances, this certainly doesn’t always help, but…
I look at any available sales of the same coin in different grades and compare their numbers to those in the price guides. In the case of this coin, Heritage auctioned a PCGS PR65+ Cameo CAC example for $6,300 in April of 2021. And the current PCGS a price guide value is listed at $7200. See link below.
https://coins.ha.com/itm/patterns/1870-25c-standard-silver-quarter-judd-876-pollock-973-low-r7-pr65-cameo-pcgs-cac-pcgs-800000-/a/1329-4220.s?ic4=ListView-ShortDescription-071515
My thinking is that based on that sale, the current price guide doesn’t appear to be unrealistic. That, in turn, gives me at least some basis to conclude that the price guide value for a PR64 might be a good starting place.
Granted, this exercise wasn’t particularly helpful in this case. However, in many instances, similar research can yield more auction results which can be used to compare to listed price guide values. Additionally, regardless of the listed price guide values, seeing what other higher and/or lower graded examples have brought, can assist in estimating a value for the coin you’re interested in.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Not sure a 2004 comp tells him much
Better than nothing, don't ya think, at least it gives him some idea...............
I never said it was!
Mike
My Indians
Danco Set
OMG Eman. You discuss about EU auction. Are you Shure they has permit to export what it say in EU artifacts and EU treasury? By my fault I lost 12K because instead to send to my brother and then have with Diplomatic mail, I just ask direct post. Company send, tracking No., but the export border confiscate and that is. EU has very strict rules for. Just pay attention. If they took nothing to do. If this small auction house it is not under the Christie's, Sotheby's or Heritage, they can not export.
Pay attention. I have two EU citizens: German and Italian, Also Canadian and US. The Israeli do not count because no house there. So I by what I have (own) in my country, and send to my own propriety in other part, where I am in that moment seem to be logic and normal. Logic. NO EU do not accept.
So good luck. Maybe will work for you.
NEVER ARGUE WITH AN IDIOT.
FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.
THEN, THEY WILL BEAT YOU WITH EXPERIENCE.
MARK TWAIN
This doesn't mean much either
https://www.pcgs.com/cert/05224073
Mike
My Indians
Danco Set
"Invest" AND "Pattern" should never be used in the same sentence.
there are a few collectors that really like these things ... I hope you did not ruin your rip