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Would it be "bad form" to show coins like this, and ask how best to sell them?

Steve27Steve27 Posts: 13,275 ✭✭✭
in U.S. Coin Forum
e.g.

image
"It's far easier to fight for principles, than to live up to them." Adlai Stevenson

Comments

  • DoubleEagle59DoubleEagle59 Posts: 8,401 ✭✭✭✭✭
    Would it be "bad form" to show coins like this, and ask how best to sell them?

    No. I think it's a legitimate question and we would all love to own one of these anyways.

    Show more!!
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    I voted I don't care, but I think this is the borderline that comes up here quite often. In the question in the OP, I think this is a good place for that. Whether that is really the intent or not is where it gets dicey. Again, I don't care, but that's my two cents. image
    imageQuid pro quo. Yes or no?
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    This coin belongs to another one of our members; he didn't want to annoy anyone. I personally would like to see as many as he has.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • percybpercyb Posts: 3,335 ✭✭✭✭
    DC. What would that fetch, by the by?
    "Poets are the unacknowledged legislators of the world." PBShelley
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭


    << <i>This coin belongs to another one of our members; he didn't want to annoy anyone. I personally would like to see as many as he has. >>



    and in reality, so would I!! image
    imageQuid pro quo. Yes or no?
  • PrivateCoinCollectorPrivateCoinCollector Posts: 2,415 ✭
    The best way to sell it is tosend it to me. image
    Morgan HerdTO Gold Mine
  • thestigthestig Posts: 769
    This is a matter of dealer ethics, a dealer should not sell problem coins without disclosing the information, or at least discounting the coin based on what he payed for it.

    A coin is a coin. If you can by ancient type coins without feeling guilty for buying cleaned coins, then so can you buy american coins.
    Again this dates back to dealers buying coins for less, and selling for more.
    How often will a dealer say that coin is cleaned, so i can only give you a tiny fraction for it?

    They do buy them, whether or not they disclose the info to the next guy is a matter of dealer ethics.
    If TPG didn't exist, all coins would sell on there own merit, and not the opinion of the graders.

    I like that coin, I would offer 50 bucks..
    Humblepie

    I have found power in the mysteries of thought.

    It is always a question of knowing and seeing, and not that of believing.

    Our virtues, and our failings are inseparable, like force, and matter. When they separate, man is no more.

    .
  • fcfc Posts: 12,796 ✭✭✭
    i say no for a coin like that due to its condition. it would be really
    tough for me without a lot of research to even figure out a ball
    park number.

    someone more intimate with the coin could probably easily out do
    me with 20 seconds of consideration while i put in a few hours.
  • thestigthestig Posts: 769
    How about this, Up for auction is this really cool looking coin. It is a problem coin but esthetically pleasing, bid accordingly.

    IMO it could fetch 200 bucks.
    Humblepie

    I have found power in the mysteries of thought.

    It is always a question of knowing and seeing, and not that of believing.

    Our virtues, and our failings are inseparable, like force, and matter. When they separate, man is no more.

    .
  • speetyspeety Posts: 5,424 ✭
    No, the coin has some damage and thus there are no real price guides to go off of. Also, you aren't stating something like "oh, by the way it's for sale on the BST" or "check my ebay listing..."
    Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!

  • TennesseeDaveTennesseeDave Posts: 4,810 ✭✭✭✭✭
    I don't think it is bad form.BTW any idea what happened to it.The damage doesn't look all that old.What denomination is it?
    Trade $'s
  • rheddenrhedden Posts: 6,636 ✭✭✭✭✭
    OK, I admit this is my coin, and I am debating how to sell it and some of its similarly damaged brethren. (Of course, many of you will recognize the fake woodgrain milieu that characterizes many of my severely amateurish photos, so it is no secret anyway.)

    As several of you pointed out, pricing items like this is a wild guessing game. There are some people who care about "detail" above all other things, and they would rather have an AU+ coin like this with scratches than a problem-free XF at the same money. Then there are some people who would rather have a problem-free PCGS AG3 than a coin like this (lots of those people on this forum). Those people would offer me "50 bucks" for it, and demand that I buy them a cup of coffee, too, while intending to flip my coin to the guy who cares about details. Thus, an auction of some sort seems like the most reasonable way to determine fair market value on these. I don't want to post any other coins on here because they might get sold soon and don't belong here.

    The damage doesn't look all that old.

    Bad guess. It was sitting in an album in a bank since at least the 1930's, if not longer.
  • aballeinaballein Posts: 388 ✭
    i think its just fine personally, some of us cant afford problem free examples of these types of coins and i personally would add it to my collection in a heartbeat...but that just me, and im poor so my opinion doesnt really count
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭


    << <i>i think its just fine personally, some of us cant afford problem free examples of these types of coins and i personally would add it to my collection in a heartbeat...but that just me, and im poor so my opinion doesnt really count >>



    You are wrong, your opinion does count and I totally agree with you.image
    Becky
  • bidaskbidask Posts: 14,050 ✭✭✭✭✭


    << <i>How about this, Up for auction is this really cool looking coin. It is a problem coin but esthetically pleasing, bid accordingly.

    IMO it could fetch 200 bucks. >>

    More, there is an auction going on heritage live now with some coins like that.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • thestigthestig Posts: 769


    << <i>

    << <i>How about this, Up for auction is this really cool looking coin. It is a problem coin but esthetically pleasing, bid accordingly.

    IMO it could fetch 200 bucks. >>

    More, there is an auction going on heritage live now with some coins like that. >>



    Link?
    Humblepie

    I have found power in the mysteries of thought.

    It is always a question of knowing and seeing, and not that of believing.

    Our virtues, and our failings are inseparable, like force, and matter. When they separate, man is no more.

    .
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Sure...I mean, geez, it is only a coin. It's not like somebody is offering a cure for cancer. On a more serious note, as long as a coin is described accurately (and it is not stolen, altered, etc...) there is no reason why these little orphans should not be offered to an eager and grateful new owner.

    Lane
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • lope208lope208 Posts: 1,960 ✭✭


    << <i>

    Bad guess. It was sitting in an album in a bank since at least the 1930's, if not longer. >>




    Was it a in a type set folder or a date/mm set? I'd love to see a picture of the whole folder
    if it was filled with other similar coins!! image
    Successful BST transactions:
    commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
    -------------------------
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    it would be very good form to offer me a draped bust heraldic eagle half dime in fine

    Liberty: Parent of Science & Industry

  • BochimanBochiman Posts: 25,607 ✭✭✭✭✭
    Showing a coin, and asking how to sell, to me, is fine.
    Showing a coin you currently, or immediately, post to ebay or the BST is not as cool, imho.

    I would buy that coin, all day long, for $50 and would NOT ask you for that cup of coffee image

    If I were selling, though, I would get it NCS'ed or ANACS'ed for confirmation of being original (ie...not counterfeit).

    On a coin like that, it is still a crap shoot in hoping the right folks see it in the auction and bid on it. You can have a good bidding war if they are, otherwise, someone may get a great deal.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭
    $1,000 easy
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • FishyOneFishyOne Posts: 376
    If I were selling, though, I would get it NCS'ed or ANACS'ed for confirmation of being original (ie...not counterfeit).

    I agree 100% with the above statement. If it were slabbed as genuine by NCS/ANACS it should bring $1,000 at auction.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,689 ✭✭✭✭✭
    Who cares about form when you have a coin that more than one person wants ?

    ``https://ebay.us/m/KxolR5

  • RichieURichRichieURich Posts: 8,585 ✭✭✭✭✭
    Every coin has a value; it's just that there is often effort for the buyer and seller to agree on a number.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • rheddenrhedden Posts: 6,636 ✭✭✭✭✭
    Was it a in a type set folder or a date/mm set? I'd love to see a picture of the whole folder

    I had exactly such a photo at one time, but I just looked for it and couldn't find it anywhere. It was a "complete" set of Bust & Seated H10c, missing only the 1802 and 1870-s. I still have all of the coins, but many are in PCGS holders now, so the photo cannot be reproduced.


    I would net this coin to VF+ personally, so I would put a reserve of at least $1500 on this coin if I were to sell it, because the scratches are not nearly as distracting as my picture indicates. As for the comment regarding a price of $200.... I take it your knowledge of half dime values is not up to date. You might be able to get a holed Fr-2 for that money on ebay..... if nobody else bids on it.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I will go against the grain here and say that it is borderline behavior to do so on this forum. I respect the OP and the owner of the coin, but I would be concerned about a slippery slope and this forum turning into a BST staging area.

    The OP could PM some collectors of bust coins and some dealers (like Rich) and ask for advice, and my guess is that everyone will respond in kind.

    Top answer the question, I would put a coin like that on ebay and see what it fetched. If you are not ebay experienced, I would recommend consigning to Russ or Jerry (notwilight).

    Finally, if you have one like that without the scratch, offer it to me, and all will be forgiven. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132

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