1876-CC 20-cent Piece for sale at David Lawrence

danny72170

David Lawrence has another rare coin for sale. First the 1894-S dime now the 1876-CC 20-cent piece.

The 1876-CC 20-cent Piece

Anybody got a spare $175,000.

roadrunner

I wonder if Tradedollar nut has considered this piece or considered it before it got sold to DLRC?

roadrunner

tradedollarnut

I bid on it raw and I considered it when it was offered in its original 64 holder about 3 months ago and didn't sell (Superior??), but I won't consider it at that price. Twenty cent pieces are deader than a doorknob and IMO that coin is worth about what it sold for originally.

I'm not saying this to disparage the coin - I was a champion of the 94-S dime they sold a while back. But nobody wanted this coin as a 64 a few months ago - why want it now as a 65 for $40k more?

homerunhall

I think Ultra Rarities are underpriced. If I had Bill Gates' money, I'd buy a 1913 Liberty nickel, 1894-S dime, 1876-CC 20C, 1838-O half, etc. I also think that the 1876-CC 20C is underpriced relative to other Ultra Rarities.

However, even though DLRC is definitely a great firm, this one is in the wrong holder for me.

David

shirohniichan

What gave this coin the one point (and $40k) bump?

DMWJR

I think I'm satisfied with my 1876 philly 20C in an NGC 67 holder -- at 1/10 of the price, and a nicer specimen by more than two grades, (IMHO judging from the picture of the CC). The Philly is a semi-key if there is one for this series, and probably more of them were melted than people realize. NGC has four in 67, PCGS has 10 in 66, and none in 67.

I would love to have it in a PCGS holder, but . . .

tradedollarnut

Nice! Is that the Eliasberg coin?

agentjim007

To everyone that sticks up for NGC as the correct grader, I would like to know why is it everytime I read about a coin that currently resides in a higher grade holder, when the pic pops up it's always (close enough to always to say always) NGC?

kieferscoins

And I get harrased here on the PCGS forum for standing up and saying that PCGS has stricter grading standards.

Cameron Kiefer

EVillageProwler

Being strict and correct are two separate notions. It is possible to be strict and incorrect as well as to be strict and correct. Likewise, it is possible to be looser and correct and incorrect.

Do I need to explain this further?

EVP

tradedollarnut

There are no "ifs ands or buts" about PCGS on average being stricter. That does not mean that there aren't correctly graded or even PQ coins in NGC holders. Nor does it mean that there aren't mistakes or low end coins in PCGS holders. In the end, you have to evaluate the quality of the coin vs the price and decide if it makes sense to you and you alone.

shirohniichan

In the end, you have to evaluate the quality of the coin vs the price and decide if it makes sense to you and you alone.

But... but that would mean having to learn how to grade for oneself. I though slabbing was instituted to emancipate us from that terrible burden.

DMWJR

Sorry TDN, I forgot to check the box to get updates.

It's not the Eliasberg piece, but . . . . . . better IMHO.



Maybe NCS could remove the spots?????