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Question on doily holder value slab image

ajaanajaan Posts: 17,445 ✭✭✭✭✭
edited November 19, 2023 5:09PM in U.S. Coin Forum

1924 $20 PCGS MS62 Doily label. Is $2750 too much to pay?


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CU #3245 B.N.A. #428


Don

Comments

  • AlanSkiAlanSki Posts: 1,926 ✭✭✭✭✭

    That depends on how much you value the plastic.

  • Cougar1978Cougar1978 Posts: 8,388 ✭✭✭✭✭
    edited November 19, 2023 8:45AM

    CF is $2700. How does the coin look / fall in the grade range?

    Coins & Currency
  • ajaanajaan Posts: 17,445 ✭✭✭✭✭

    @Cougar1978 said:
    CF is $2700. How does the coin look / fall in the grade range?

    Looked MS63 to me.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • 1madman1madman Posts: 1,515 ✭✭✭✭✭

    Pop is ~77,000, with over 110,000 graded higher at pcgs alone. This is the definition of common gold worth melt. Pass

  • edwardjulioedwardjulio Posts: 1,113 ✭✭✭✭✭

    If it ain't got a sticker, it ain't 63. ;)

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  • coinbufcoinbuf Posts: 11,516 ✭✭✭✭✭
    edited November 19, 2023 9:11AM

    @ajaan said:
    1904 $20 PCGS MS62 Doily label. Is $2750 too much to pay?

    I would buy it at that price, but I do place a value to the holder where some will not. Just for reference, I paid more than that for my NGC MS62 saint in a gen2 holder, but it does have a green bean. ;)

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  • ajaanajaan Posts: 17,445 ✭✭✭✭✭

    @1madman said:
    Pop is ~77,000, with over 110,000 graded higher at pcgs alone. This is the definition of common gold worth melt. Pass

    How many are in a doily holder?


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • 1madman1madman Posts: 1,515 ✭✭✭✭✭

    Perhaps I look at buying coins a bit differently, so I’ll explain. If I pay $2750, the value will immediately drop to ~$2000. So how do I recoup my value? The coin would need to gold sticker at cac, or I would have to have this specific coin to complete a doily set (like a gold type set all in doilies) where the value of the set is worth more than individual coins alone, or the coin is unique with a pedigree or some sort of provenance. Sure, spot gold could rise enough and bail out the value in time.

    Don’t overvalue common material.

  • orevilleoreville Posts: 12,045 ✭✭✭✭✭

    Worth closer to your buying price if it green stickers and worth full $2700 if it gold stickers.

    A Collectors Universe poster since 1997!
  • braddickbraddick Posts: 24,178 ✭✭✭✭✭

    The Doily would need to be in prestine condition. No cracks, no missing part of the outer ring. No deep scratches in the plastic.
    This is unusual for gold coins as they seem to have been passed around a lot.
    So, if the Doily slab is near perfect then yes, it is worth the asking price, IMHO.

    peacockcoins

  • orevilleoreville Posts: 12,045 ✭✭✭✭✭

    suggestion,

    ask for a contingency on your purchase subject to the coin receiving a CAC green sticker.

    A Collectors Universe poster since 1997!
  • ajaanajaan Posts: 17,445 ✭✭✭✭✭

    Quick image of slab.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • orevilleoreville Posts: 12,045 ✭✭✭✭✭
    edited November 19, 2023 5:41PM

    Luster looks good on the obverse but cannot tell if Liberty’s leg shows severe stacking. But luster always look good on 1924 Saints.

    I would guess it could green sticker based on the luster alone.

    I would value your coin at $2,350 retail with a CAC sticker but rising. You will have increasing difficulty finding these coins in the doily holder so I would throw away the additional $350 if it stickers and not worry about overpaying.

    I paid $2155 back in 2012 for an 1897 $20 Liberty in PCGS MS-60 and later got a CAC gold sticker.

    A Collectors Universe poster since 1997!
  • orevilleoreville Posts: 12,045 ✭✭✭✭✭
    edited November 19, 2023 5:38PM

    Deleted

    A Collectors Universe poster since 1997!
  • orevilleoreville Posts: 12,045 ✭✭✭✭✭

    I cannot stand how crappy ipads work with trying to post photos.

    A Collectors Universe poster since 1997!
  • streeterstreeter Posts: 4,312 ✭✭✭✭✭

    I love doily holders but I don't think they're worth $400.

    Have a nice day
  • 1madman1madman Posts: 1,515 ✭✭✭✭✭

    Wasn’t the coin a 1904 $20 lib earlier today? Now it’s a 1924 saint?

    Still pass

  • streeterstreeter Posts: 4,312 ✭✭✭✭✭

    You can do a lot better. From Long Beach

    Have a nice day
  • ajaanajaan Posts: 17,445 ✭✭✭✭✭

    @1madman said:
    Wasn’t the coin a 1904 $20 lib earlier today? Now it’s a 1924 saint?

    Still pass

    Typo


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don

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