Are 1794 Dollars overpriced?

SethChandler

Whatever "overpriced" means. It just seems a decent example is pushing 100k? It is a cool coin that has everything going for it....but 50 to 75k just to play with a funky example?

Allright market gurus, Soros of the coin markets, are they going to come down?

Seth

ER

Overpriced only when I bought them. Underpriced if and when I sell them.

numobri

Over priced,yes.

If I had the cash,I'd pay up.

Brian

tradedollarnut

I think they are hot right now, which means prices are certainly strong. However, I see them remaining strong for quite some time.

morgannut2

The prices are getting nuts, but true rare coins take a total market correction to come down.

longtimecollector

I coulda bought a PCGS XF last week for 20K......... but the seller backed out of the deal !

dthigpen

<< <i>I coulda bought a PCGS XF last week for 20K......... but the seller backed out of the deal ! >>



He just told you that he mispriced it at my request. He actually sold it to me for the 20k he was asking.

Coinosaurus

I don't know if they are overpriced or not, but after reading Cardinal's book on these, I have been following their auction results with a lot more interest

numobri

I also have a copy of Cardinal's book,just not finished with it.

michael

no ................................ but not great values like 5 years ago

michael

Merc

Isn't there only 130 or so 1794 dollars left in all grades? It is hard to price a coin that rare with high demand.

lloydmincy

The Richmond EF45 1794 dollar sold for $183,750....

majorbigtime

Are 1794 Dollars overpriced?


I don't think so, but I may be biased because I have owned one for 22 years (Spinks Carnegie sale). This is an all time classic coin, out first silver dollar crudly made on a half dollar press with misaligned dies. To me, a surviving example should be priceless as we do not own such coins, but are merely custodians for a few years.

Baley

Yes, 1794 dollars are "priced" well "over" what I can afford to pay.

I do not, however, think they are overvalued. It's a legitimately rare coin with a great "lore" and high demand.

morgannut2

They are in such demand I thought I'd pick up a 1794 half cheaply at auction. It promptly soared 100% past my high bid!

numobri

I think a 179x(US) coin is a cool coin and always will be.

A frind of mine just bought a 1794 half dime with a hole in it,I think it's a cool coin.

As for the dollar,I'm still in,when I get the cash.

ccex

<< <i>I think a 179x(US) coin is a cool coin and always will be.

A frind of mine just bought a 1794 half dime with a hole in it,I think it's a cool coin.

As for the dollar,I'm still in,when I get the cash. >>




I agree. Thank goodness for the 1798 Large Cents.

How much did the holed 1794 half dime cost your friend?

numobri

It might have made a grade of good(had a hole in it)and I think he payed close to $400 for it.

ER

Would you pay $10 million for the Contursi 's 1794 dollar, if you have the money? I would not, even if I can afford it. Now, that 's overpriced.

JadeRareCoin

Are 1794 Dollars overpriced?

One could make the arguement that 1794 Dollars are underpriced. That would be an easy arguement to win. They are classic rarities that are far more interesting and historically important than 1804 dollars. The 1794 $ is such a coin that should never be on a "greysheet" for a myriad of reasons. We have owned a couple of 94 dollars (briefly). I hope to one day own one for my own collection.

ER, your 1794 is AWESOME!!!!

morgannut2

Het ER there's plenty of guys out there in Ca. that have ended up paying a LOT more than 10 Mill. for a Flowing haired young lady!!!

oreville

ccex: You said <<<<I agree. Thank goodness for the 1798 Large Cents. >>>>>>

So true, so true! Also the 1798 dollar and the 1798 disme (dime)!!!

Nic

The Richmond Collection XF just sold for 190K. Compared to other coins I do not believe these to be overpriced. K