1855-O quarter sells for big$

Crepidodera

This CACG AU55 1855-O quarter just sold at auction at DLRC for $10,875, more than double the $4,800 CACG price!!

Crepidodera

Here's the CACG photo

dsessom

... and I get hate mail for asking 15% above price guide for my Registry V nickels? Some coins are premium examples. That 1855-O is a combination of rarity and premium quality. An "average" 1855-O (If there is such a thing) would sell on average for around $4500 to $5000 retail. This particular coin is a premium example due to it's strike quality which is better than most coins of this year and mint. It also has a very attractive pattern of toning that gives it eye appeal that most other examples do not have.

I may be in a minority here, but I personally have no issue paying a good bit over PCGS or CACG Price guide for a premium coin that clearly outshines most other examples of the same year/mint/grade. Especially if the coin is toned nicely and has much more eye appeal than other coins.

Here is an example;

AVERAGE

PREMIUM

Then again, just like art - beauty is always relative to the observer, but consensus drives the prices up.

fastfreddie

Seems like a premium example but AU55? Those first pictures make the coin look pretty dark.

Cougar1978

When rich bidders get in a bid war anything can happen. Additionally CACG material in high demand with potential to bring high bidding. I have a box of them really nice but they are going to have to pay the money (cost plus) lol. I may start a second box….Another thing is they have low pops - results in considerable bid competition, strong retail potential. At a recent show retailed about half dozen.

Crypto

@dsessom said:
... and I get hate mail for asking 15% above price guide for my Registry V nickels? Some coins are premium examples. That 1855-O is a combination of rarity and premium quality. An "average" 1855-O (If there is such a thing) would sell on average for around $4500 to $5000 retail. This particular coin is a premium example due to it's strike quality which is better than most coins of this year and mint. It also has a very attractive pattern of toning that gives it eye appeal that most other examples do not have.

I may be in a minority here, but I personally have no issue paying a good bit over PCGS or CACG Price guide for a premium coin that clearly outshines most other examples of the same year/mint/grade. Especially if the coin is toned nicely and has much more eye appeal than other coins.

Here is an example;

AVERAGE

PREMIUM

Then again, just like art - beauty is always relative to the observer, but consensus drives the prices up.

The question is can you get your premium back at resale. The way I think about threshold for premium is high levels of multiple degrees of Interest. Is it pretty and desirable and have a kicker lie Southern mint ect. Then demand kicks up and it’s more about oppertuinties

oih82w8

I get slammed alot when I am looking to sell toned coins for a premium when the buyer offers less than average values. There are alot of tire kickers out there looking for a deal (steal).

Davidk7

The 55-O is a very tough date and most examples are ugly. A PQ example with CAC's standards - not surprised to see this price.

telephoto1

@dsessom said:
... and I get hate mail for asking 15% above price guide for my Registry V nickels? Some coins are premium examples. That 1855-O is a combination of rarity and premium quality. An "average" 1855-O (If there is such a thing) would sell on average for around $4500 to $5000 retail. This particular coin is a premium example due to it's strike quality which is better than most coins of this year and mint. It also has a very attractive pattern of toning that gives it eye appeal that most other examples do not have.

I may be in a minority here, but I personally have no issue paying a good bit over PCGS or CACG Price guide for a premium coin that clearly outshines most other examples of the same year/mint/grade. Especially if the coin is toned nicely and has much more eye appeal than other coins.

Here is an example;

AVERAGE

PREMIUM

Then again, just like art - beauty is always relative to the observer, but consensus drives the prices up.

I think both those nickels have their strong points. Digging the die crack on the untoned piece.

fastfreddie

Pop of 1 with another 1 in 50 and 1 in 67. Not much choice so this also drove the price.

Crepidodera

I bid strongly and was willing to go about 60% over retail, but I got buried by at least two bidders. I'll have to be
satisfied with my PCGS VF25 CAC example.


Doug

RichieURich

A very nice coin and IMO an underrated date, tough to find in high circulated grades.

WCC

@fastfreddie said:
Pop of 1 with another 1 in 50 and 1 in 67. Not much choice so this also drove the price.

Unless I'm looking at the wrong coin, I see three 64's, 1 in 63, and seven in AU-50 to AU-58 at PCGS. NGC has a "67" along with 8 more in "61" to "64" plus an AU-50 and two AU-55. Presumably some duplicates but agree it's a limited availability coin in any better grade.

I've checked the PCGS pops on this series and read most of the Coin Facts entries, but didn't remember this one as scarce.

Crepidodera

@WCC said:

@fastfreddie said:
Pop of 1 with another 1 in 50 and 1 in 67. Not much choice so this also drove the price.

Unless I'm looking at the wrong coin, I see three 64's, 1 in 63, and seven in AU-50 to AU-58 at PCGS. NGC has a "67" along with 8 more in "61" to "64" plus an AU-50 and two AU-55. Presumably some duplicates but agree it's a limited availability coin in any better grade.

I've checked the PCGS pops on this series and read most of the Coin Facts entries, but didn't remember this one as scarce.

Freddie was referencing CAC stickered and CACG graded coins.

fastfreddie

Here's my example p40cac

WCC

@Crepidodera said:

@WCC said:

@fastfreddie said:
Pop of 1 with another 1 in 50 and 1 in 67. Not much choice so this also drove the price.

Unless I'm looking at the wrong coin, I see three 64's, 1 in 63, and seven in AU-50 to AU-58 at PCGS. NGC has a "67" along with 8 more in "61" to "64" plus an AU-50 and two AU-55. Presumably some duplicates but agree it's a limited availability coin in any better grade.

I've checked the PCGS pops on this series and read most of the Coin Facts entries, but didn't remember this one as scarce.

Freddie was referencing CAC stickered and CACG graded coins.

OK. thanks.

Desert Moon

@Davidk7 said:
The 55-O is a very tough date and most examples are ugly. A PQ example with CAC's standards - not surprised to see this price.

Nearly all of the O mint Pre-Civil War quarters are super tough to get in CAC/CACG. They don’t sticker many and the 55-O even less than all but the 49-O. The 55-O, as already noted, for CAC/CACG pop (n=19 all grades), 1 in 50, 1 in 55, and 1 in 67 (the 40 above is tied for 4th!!). This 55 makes it 2nd finest for CAC/CACG. Hence the super strong price as next grade up is 67. For more common coins, yes that would be a high price even tho’ this one also has nice eye appeal which might bump it up some, but probably not that much. Rarity is in play here instead in achieving the double retail price………..

Here is my 41-O just crossed from P55 to CACG 53 below (for my collection not my store so shown here). Mine is rather ‘common’ with 37 total pop in CAC/CACG with 14 higher including 7 in MS. And no I did not pay retail for it, but 50% higher, not quite as high as the 55-O but not quite as rare. Again, Pre-Civil War O-mint CAC/CACG quarters are hard to find and don’t expect to pay retail or lower for them for sure in any grade.

rhedden

Like most Seated 25C collectors, I found a nice VF+ 1855-O and essentially stopped looking for a better one. There are very few of them that actually look like AU or better coins.