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What is a fair price to offer for an 1866 Proof Dime in PR 63?

RampageRampage Posts: 9,512 ✭✭✭✭✭
in U.S. Coin Forum
The ocin resides in an old NGC fattie holder with the gold letters on the back of the slab. It would be the generation 3 slab used from late 1987 to late 1989.

The coin is beautiful in my eyes and looks great for a 63. I am considering buying it, but don't know what to offer. Any help is appreciated.

Thanks, Richard.

Comments

  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭
    Under bid. There is no reason to be generous in this market. Cash is still king.
    All glory is fleeting.
  • RampageRampage Posts: 9,512 ✭✭✭✭✭
    Any other expert opinions?
  • llafoellafoe Posts: 7,220 ✭✭
    Not an expert opinion in any way, but I'd offer $500-600 in an NGC slab for the dime (43 in PR63 with 72 graded higher at PCGS - Not sure at NGC).
    WANTED: Cincinnati Reds TEAM Cards
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,681 ✭✭✭✭


    << <i>Under bid. There is no reason to be generous in this market. Cash is still king. >>



    Really? Greysheet bid for that date is $525 in PF63. You would offer less than that? May I ask if you have any attractive & scarce type coins in choice grades in 20+ year old slabs for sale, perchance?


    Returning to Planet Earth:
    I might suggest doing a little surfing in the Heritage prices realized archive for similar dated PF 10c's in PF63 and 64. You can't always tell for certain if a particular coin was nice for the grade, but after a while you will get a decent "feel" for the price levels on these issues.



    PS: I have no stake in the 1866 dime transaction.

    John Agre

    Coin Rarities Online
  • soty27soty27 Posts: 1,956


    << <i>

    << <i>Under bid. There is no reason to be generous in this market. Cash is still king. >>



    Really? Greysheet bid for that date is $525 in PF63. You would offer less than that? May I ask if you have any attractive & scarce type coins in choice grades in 20+ year old slabs for sale, perchance?


    Returning to Planet Earth:
    I might suggest doing a little surfing in the Heritage prices realized archive for similar dated PF 10c's in PF63 and 64. You can't always tell for certain if a particular coin was nice for the grade, but after a while you will get a decent "feel" for the price levels on these issues.



    PS: I have no stake in the 1866 dime transaction. >>



    I would offer what they are selling for at heritage, my guess is that they are selling for under bid as well.
  • Walkerguy21DWalkerguy21D Posts: 11,724 ✭✭✭✭✭
    Don't ask me - I sold a raw 1883 proof dime last summer for $350 to a forum member, using a split between greysheet 60 and 63 pricing, which slabbed as a 64 at PCGS, and sold last week on the 'bay for >$1000.....obviously I don't know how to grade them or price them image
    But I still made decent money on it despite my faux pas image
    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    If I saw a PR63 that I thought looked properly graded and very attractive, as a dealer, I'd probably be a buyer in the $575 range.
  • RampageRampage Posts: 9,512 ✭✭✭✭✭
    Thanks for the replies everyone. I will let you all know how it turns out next week.
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    You can't buy a nice certified proof Seated coin for under bid, never mind an 1866 dime. Don't be silly. Maybe an overgraded one with hairlines and spotty brown toning might trade under sheet, but let's be serious.
  • BigRickBigRick Posts: 1,334
    $500 if you wanna play it safe.
    My Sets
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    I'd offer bid ($525). If he/she says no then ask them what they're looking for, then try to negotiate from there.

    In my experience 1866 is kinda a dud date. People looking for a proof coin from the 1860s tend to gravitate towards the Civil War years.
  • waterzooeywaterzooey Posts: 412
    Walkerguy21d- In your defense I almost returned the coin to you- Remember we sat and discussed many many time the hairlines on that coin- I thought for sure the 85 would grade higher and never thought that 83 would grade- image

    Someone wanted that coin because hammering above 1K was above my thoughts and above auction historyimage

  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    In my experience 1866 is kinda a dud date.

    I respectfully disagree. 1866 is a key date business strike dime, so it should get more pressure from people who collect by year and don't mind inserting a proof for the rare P mints.
  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭
    Why not let the seller set an offering price? It is his product.



    All glory is fleeting.
  • Bayard1908Bayard1908 Posts: 4,095 ✭✭✭✭


    << <i>In my experience 1866 is kinda a dud date.

    I respectfully disagree. 1866 is a key date business strike dime, so it should get more pressure from people who collect by year and don't mind inserting a proof for the rare P mints. >>


    image

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