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PCGS MS62 1878-CC Seated Liberty Quarter question

I saw this coin for sale by a well know dealer with an asking price of $9K. PCGS price guide is $1.250.00.

Only the obv is shown.

What am I missing?

Comments

  • OwnerofawheatiehordeOwnerofawheatiehorde Posts: 1,460 ✭✭✭✭✭

    A NGC graded one sold for 1,080 about a year ago, so I’m not sure what’s going by on. He might have made a typo and meant to ask for $900 instead of $9,000.

    Type collector, mainly into Seated. Young Numismatist. Good BST transactions with: mirabela, OKCC, MICHAELDIXON

  • NumisOxideNumisOxide Posts: 10,981 ✭✭✭✭✭

    It's the so-called "cancelled die" obverse variety but not sure it carries that much of a premium. Especially that much.

  • lermishlermish Posts: 1,775 ✭✭✭✭✭

    Are the dealer's initials JL?

  • I would definitely check it out more, also look on Greysheet.com, look on heritage and other auctions just to see if one sold like it..

  • lermishlermish Posts: 1,775 ✭✭✭✭✭

    @lermish said:
    Are the dealer's initials JL?

    I just found the coin on his website. No surprise. He probably grades the coin a 66 and is asking for a commensurate price. This is his modus operandi. Seemingly , he does not agree with many TPG grades and generally pretends their opinions don't exist.

  • mikee999mikee999 Posts: 336 ✭✭✭✭

    @lermish said:

    @lermish said:
    Are the dealer's initials JL?

    I just found the coin on his website. No surprise. He probably grades the coin a 66 and is asking for a commensurate price. This is his modus operandi. Seemingly , he does not agree with many TPG grades and generally pretends their opinions don't exist.

    What does the reverse look like if it’s posted?

  • lermishlermish Posts: 1,775 ✭✭✭✭✭

    @mikee999 said:

    @lermish said:

    @lermish said:
    Are the dealer's initials JL?

    I just found the coin on his website. No surprise. He probably grades the coin a 66 and is asking for a commensurate price. This is his modus operandi. Seemingly , he does not agree with many TPG grades and generally pretends their opinions don't exist.

    What does the reverse look like if it’s posted?

    If you decide to work with that dealer, you need to trust his opinion, not anyone else's. Why would you need to see both sides of the coin if the NGC grade is only off by 4 grades?

    https://juliancoin.com/products/1878-cc-seated-liberty-silver-quarter-25c-ngc-ms-62-bu-unc-better-coin-js

  • mikee999mikee999 Posts: 336 ✭✭✭✭

    @lermish said:

    @mikee999 said:

    @lermish said:

    @lermish said:
    Are the dealer's initials JL?

    I just found the coin on his website. No surprise. He probably grades the coin a 66 and is asking for a commensurate price. This is his modus operandi. Seemingly , he does not agree with many TPG grades and generally pretends their opinions don't exist.

    What does the reverse look like if it’s posted?

    If you decide to work with that dealer, you need to trust his opinion, not anyone else's. Why would you need to see both sides of the coin if the NGC grade is only off by 4 grades?

    https://juliancoin.com/products/1878-cc-seated-liberty-silver-quarter-25c-ngc-ms-62-bu-unc-better-coin-js

    I’ve seen him at the LB coin show with his overpriced wares. I thought this was a “special” coin hence the crazy price. But alas not.

  • 291fifth291fifth Posts: 23,858 ✭✭✭✭✭

    Pass.

    All glory is fleeting.
  • VanHalenVanHalen Posts: 3,771 ✭✭✭✭✭
    edited December 23, 2023 9:50PM

    No comment, other than here's a low-res reverse image image:

    cc.jpg 165.3K
  • silviosisilviosi Posts: 444 ✭✭✭

    I will never hang up on this dealer. What an TPG will be wrong 4 grades down??!!!. I want a breack out. The damage it is are many like this around.

    Just pass.

    NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN

  • BECOKABECOKA Posts: 16,957 ✭✭✭

    You could ask the dealer if the price was a typo pointing out recent auction prices. Could be a simple mistake.

    If not just skip and look else where.

    I know if I was to sell a nice for the grade coin I would price in a premium but probably not enough to go one grade level up and certainly not four.

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