The chain cent goes back..

Wondo

I sent my chain cent back to the dealer today because I was dissatisfied with its appearance - specifically one obtrusive mark on a VF coin. It was well within the return terms. The price was discounted appropriately, but to paraphrase a fellow member, "You will be satisfied with a nice coin premium price long after a problem coin discount!" There was another thread discussing how a distraction on a good coin is what you will focus on everytime you look at the coin. That was already true after only two days.

I appreciate the opinions and advice of my fellow members. I want to be proud of and enjoy my collection to its fullest; and I am convinced that the feedback and threads posted here taught me a great lesson that I wanted to share with all.

Thank you humbly,

John

p.s. I really WANTED that cent!!!

goose3

IRAS4 has had a very nice PCGS VG8 for sale on ebay for QUITE some time now. I've seen it listed numerous times.

CLASSICS

if you were not happy with the coin, you did the right thing..true, your eye will always go to the problem part of the coin , no matter how nice the rest of the coin is..........and not to worry, its not the only coin, sooner or later you will find one that lights your fire

tradedollarnut

I wonder if a buyer would be happier paying a premium price for a F-12 with a slight mark instead of a discounted price for a VF-20 with a slight mark?



In other words - how much did the grade on the holder play in your decision?

rainbowroosie

If you are not 100% satisfied NOW, you will never be 50% satisfied LATER.

Wondo

tradedollarnut,

The grade on the holder was technically appropriate - maybe even a little net graded. I don't think the grade mattered; I wanted a certain amount of detail and had a budget. This coin had more detail within my budget. However, I would be happier paying a premium for a strong, clean fine than a discounted vf with a significant mark.

Two things influenced me: 1) all I could see when I looked at the coin was the mark
2) someday, if I resold, I would have to at a discounted price

tradedollarnut

I understand. I was just wondering if the coin had been in a Fine holder at the same price [ie: PQ for a Fine vs discounted for a VF] if that would have made a difference. A lot of times I'll buy a PQ coin in a lower holder whereas I won't even consider a discounted coin in the higher holder. Reverse power of the holder?????

Nicks on early copper are prevalent, I would guess.

Wondo

No, the holder grade didn't make a difference. I was really just looking at the coin. The dealer was great and very professional. We chatted for a few moments and everything was fine.