What to do with my Anacs 1874 au 58 seated dime?

holeinone1972

OK I won this dime on Teletrade about 10 days ago.


I stole it in my opinion at $267 with all fees and shipping.

PCGS price guide suggest $340 for au, and $525 for ms 60. Obviously the toning has got to add alot of value. this coin has great lustre.

So I originally bought this for my Dansco 7070, but I don't have the heart to crack it out and put it in my book, so what do I do?

I called ANACS and found out by searching the authentification number that it was slabbed 6/1/1994 ( I love how Anacs can tell you how long ago it was slabbed!)

So my thoughts are leave it as is, and sell it for what I think it's worth, (which is alot more than I paid)

Send it to PCGS and cross it,(with minimum grade au 58) and have it true viewed. I think it may go up in grade. Then possibly sell it.

Any thoughts?

I do like it, but it may be too nice to crackout and put into my album. I placed my Teletrade bid, not expecting to win.

Rob

mcmxi

i am no expert at all but wouldn't your album further tone this coin? It dosen't look like it would take much more before it turned black.

jhdfla

They wholesale around 300. for an AU-58. I would imagine you might be able to sell it for around 350-400 here possibly. Why not just keep it as it is in the holder?

john

holeinone1972

<< <i>i am no expert at all but wouldn't your album further tone this coin? It dosen't look like it would take much more before it turned black. >>



I had similar thoughts. Another reason NOT to put in my Dansco.

holeinone1972

<< <i>They wholesale around 300. for an AU-58. I would imagine you might be able to sell it for around 350-400 here possibly. Why not just keep it as it is in the holder?

john >>



Reason for possibly sending to PCGS is PCGS coins get more money, and I DO think it has a good shot at upgrading. I think ANACS was very tight on this grading.

My photgraphy skills suck, and a trueview pic along w/ PCGS slab will result in higher profits in my opinion.

Last factor, sorry to be truthful, GREED!

jhdfla

Greed is a great motivator. However consider that if the coin does cross to PCGS as a 58, your upside is still somewhat limited as you have to factor in your costs to do the crossover. If you crack it out, and it does upgrade to MS, you will do ok on it. Be sure it is MS, it's impossible for me to tell without the coin in hand, but a bit of rub on the thigh and knee will be apparent to the graders, and they will return it an AU. As tough as PCGS is right now, although the toning appears original, it could always be bodybagged as well. All things to consider. Personally, I would leave it alone in the holder, but good luck whichever route you decide to go.

John

TwoSides2aCoin

It is a beautiful coin. You take it to work and show it around. Take it to the grocery store and tell the checker and sacker about it. Take it to WalMart and see if a select few individuals know about it. Pretty soon there will be a buzz and people will be freaking out looking for others just like them.

Cladiator

give it to me

291fifth

Why sell it? Just keep it as is, in the ANACS holder. Playing the crackout/crossover game is too expensive for coins in this price range.

This probably isn't a great time to be selling this type of material. I detect a distinct softening in the market for coins in this price range. The people who buy coins like this are having trouble paying their bills these days.

holeinone1972

<< <i>give it to me >>



......... the (to me) part of your fragmented sentence has a chance, but the 1st word (GIVE) has NO CHANCE!!!!!!!!!!!!!!!!!

fivecents

Cross it to PCGS and see if it upgrades.

mcmxi

If it upgrades then it may be worth it. Other that that your coin is going to trade on its merits not the holder IMHO.

CarlWohlforth

Either it is AU or MS. I trust ANACS to know if a coin has circulated. It seems doubtful to me it would upgrade, especially if the cross attempt was made in the holder. The toning looks good to me, but if you crack it out you may get a body bag. So I see very little upside in trying to get it into a different holder with potential risks. If I was bent on selling it I would leave it in the ANACS holder.

Personally I'd keep it in my type set. If I was trying for a registry set it might be worth spending bucks getting it into a different holder just to fill that slot, though if I was working on a registry set I'd want a MS 63.

holeinone1972

Well it sounds like I am NOT cracking it out and putting it in my type set album. I do not want to chance ruining the toning, or chganging it in a negative way.
Even though the masses say cross it, I do not think I will.

If I go to sell it, I will keep it in the Anacs holder.

Thanks to all who offered advice.

Rob

NumisOxide

Leave it in the ANACS holder.

relicsncoins

Crack it and put it in the 7070. Unless the toning is secondary from a recent dipping, it should be stable by now, and if it tones more, it will take years and years.

JJ

relicsncoins

BTW, here is my Anacs 58 that I bought for my 7070. I paid 92 bucks for it on Ebay.

MFH

I really like that 1874 w/ arrows dime and you bought it right.
Adding the grading fees, postage & insurance to and from PCGS,
would bring it up to $325 +/- ...and although it would be a bit more
salable in a PCGS holder, I seriously doubt you'd recoup your total investment.

Cracking it out for the Dansco was your original intention
and although it will eventually tone up a bit more,
it'll be a great addition to your album.

Nice coin !!!

Shortgapbob

That's a beauty. I would probably just leave it in the old ANACS holder, unless you are planning on selling the coin.

PerryHall

<< <i>That's a beauty. I would probably just leave it in the old ANACS holder, unless you are planning on selling the coin. >>

seateddime

donate it to the LSCC

Barry

Do you plan on selling it any time soon?
If not, leave it alone. There's no guarantee that PCGS coins will command the premium they now do (nor a guarantee that gradeflation won't turn it into an MS65) some time in the future when you decide to sell it.

LeeG

Looks like a perfect coin for a 7070. It's not going to loose any value over the years. Send it in for grading and truview at some time in the future if and when you want to sell.