Fair Market Purchase Price For A 2000-P Sacagawea Cheerios Dollar ANACS MS63?
OAKSTAR
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I have my eye on a 2000-P Sacagawea Cheerios Dollar ANACS MS63 (Why?.......I don't know. Maybe because they seem so elusive). A private, non-professional collector owns the coin and it's not listed anywhere.
I'm trying to figure out a far market value and make him an offer. I know, how bad do I want the coin?...Not enough to get ripped off. I'm just looking for a fair price for myself and the seller. So what is he selling it for?.......Good question, he hasn't said.
Unless I'm missing it somewhere, I haven't seen any recent sales on eBay, Heritage or NE for MS60's, 61's, 62's, 63's, 64's or 65's. All the ones I've seen for sale or auction are high grades and WAY out of my price range!
I don't believe the TPG'er price guides are current. I'm leaning towards the graysheet numbers. It has 63's listed price for 1K, not sure who the graders are.
The below sales were on GC.
Your thoughts?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Comments
Is this the coin? https://www.ebay.com/itm/406003155770?_skw=cheerios+dollar+ms63&itmmeta=01K14R5BFVVSD1ZE4G3G4JN10B&hash=item5e87ac833a:g:Ew0AAeSwSGVoPqET&itmprp=enc:AQAKAAAA0FkggFvd1GGDu0w3yXCmi1ctuQ96iDWkTkYFaR92y1QxpIdmSKhDviQZDGAQ0fXPGyoLulqO+zwCqGQ8/blA+TEZgnRzYBewLpQxzzPLY9EiGYPX99xOsjzWjlBX8zJD1eofY9rQ0EZuV44zd+1PdTtJc73yApdnySDO6cWnPlPMDj8dP8+3PcZ2cJofHmcs+lt8KomujS8FfwmDw5GCiyLka5/G5vNB5ginKvhPAZ7sYr1hPIXsgalxxppzH6z8nAWbtlmhaV25/1UOfCuASxU=|tkp:Bk9SR5C4lZiJZg
If so, the listed minimum bid ($6000) and Buy It Now ($7800) prices from when it went unsold are so unrealistically high that my guess is he wouldn’t be willing to sell it for a reasonable price.
Based on sales of various higher grade examples I viewed in the Heritage archives, I’d probably figure the coin in the (edited) $3000 price range. Others might have very different thoughts on that.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
At MS63 you're at the lower spectrum grade of "it exists". An AU55 ANACS sold $3500 about six months ago on eBay. Fair price for both buyer and seller of a 63 is probably around $4000.
Edit: If it's a transaction outside of any auction fees, a bit less maybe more like $3500 or so.
peacockcoins
The listing I linked ended July 4th, so it would still fall under “not listed anywhere” for sale. On the other hand, it didn’t appear to be listed by a “non-professional collector”, so I won’t try to make a case for that qualification.😉 Regardless, I thought it might be helpful to show the listing, as there can’t be too many MS63 ANACS examples out there.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Double face value
Now I'm confused, which doesn't take much. The guy I'm talking to is in Maryland. The seller of that coin/listing is/was apparently in Pennsylvanian. I had not seen that listing. I did a search for most recent sales on eBay but only a couple of high grades popped up, not that one. I was under the impression the coin had not been listed anywhere, although it never sold.
That must be the same coin! There is only one 63 listed in the ANACS pop report. I'll be making a phone call.
In any event, I think my question here has been answered. It's mostly likely still going to be out of my range.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
I found the listing under “Completed Items”. If it is the same coin perhaps the collector/owner had the eBay seller list it for sale on his behalf.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
That is possible.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
It's also possible the census is incorrect
That is very possible. That's all I had to go no. You just do what you can to do the research and try and get the facts.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
I really like these "Cheerios" dollars, and if these small dollars are important to you (and I think they are from reading your posts) I'd stretch for one.
Good luck
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I would like @dennis5151 to chime in but haven't seen him around lately.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
I know.
Mark is correct in the logic it is probably the same coin.
If so his asking price is a bit too high.
I'd think one of these in ANACS MS63 is probably worth 3K to 4K, give or take.
peacockcoins
it is also possible person-MD hopes he can sell it for say $5000 and buy it for $4000 from person-PA. wouldn't be the first time