Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I would advise you to send it in for a grade. It looks cleaned to me. It's definately not uncirculated, that's not a bad thing because it gets rather pricey in higher grades. You will get more money and a lot less grief if it is slabbed.
<< <i>I would advise you to send it in for a grade. It looks cleaned to me. It's definately not uncirculated, that's not a bad thing because it gets rather pricey in higher grades. You will get more money and a lot less grief if it is slabbed. >>
I'll have to disagree about getting it graded. It looks obviously genuine, and there is barely any price spread between an AU50 and an AU58 for that date.
I just sold 5 of them at the Boston show.I sold two ms 60 coins for $1600 each and three ms 61 coins for $1,750 each. This coin looks AU and I would guess approximately $1,400.
Here's my PCGS AU55 (formerly NGC AU58) for comparison...
I would guess your coin is AU53-55 or so... like others have said, not much of a price difference between AU50, AU53, AU55 or even AU58... not until you get into an MS grade would it matter. Accordingly, I wouldn't certify it unless you have reason to think it's not genuine.
Greysheet bid in XF40 is $1400, AU50 it is $1425 and in AU58 it is $1450. Based on that, you should have no trouble getting at least $1400 cash for it at pretty much any coin show you attend. But probably not much more than that. Good luck!
Ironically, the normal 1909 Saint is scarcer than the 1909/8 overdate.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I really appreciate all the responses, again Thank You all.
We shopped it around at the local Coin show today, the general consensus is that it's an AU 50 grade, with some offers for $1350.
One dealer said it really depends on how motivated a buyer is to own this coin. He also recommended to have it graded, before making an offer for it. He seemed to think that he could broker a sale for it, he'll contact me during the week for further discussion.
Perrhall wrote: "Ironically, the normal 1909 Saint is scarcer than the 1909/8 overdate. "
That's very interesting, because my friend also has one of those he wants to part with.
_Reset
Edit: Upon further review, the 1909 is actually a 1909 S, my lack of experience is showing.
Comments
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I would advise you to send it in for a grade. It looks cleaned to me. It's definately not uncirculated, that's not a bad thing because it gets rather pricey in higher grades. You will get more money and a lot less grief if it is slabbed.
<< <i>I would advise you to send it in for a grade. It looks cleaned to me. It's definately not uncirculated, that's not a bad thing because it gets rather pricey in higher grades. You will get more money and a lot less grief if it is slabbed. >>
I'll have to disagree about getting it graded. It looks obviously genuine, and there is barely any price spread between an AU50 and an AU58 for that date.
The coin in-hand does look original, and I'm sure it
saw a good amount of use in its day.
With a mintage of 161,282 does it make this a rare coin
in any condition?
_Reset
I just sold 5 of them at the Boston show.I sold two ms 60 coins for $1600 each and three ms 61 coins for $1,750 each. This coin looks AU and I would guess approximately $1,400.
Stewart Blay
I would guess your coin is AU53-55 or so... like others have said, not much of a price difference between AU50, AU53, AU55 or even AU58... not until you get into an MS grade would it matter. Accordingly, I wouldn't certify it unless you have reason to think it's not genuine.
Greysheet bid in XF40 is $1400, AU50 it is $1425 and in AU58 it is $1450. Based on that, you should have no trouble getting at least $1400 cash for it at pretty much any coin show you attend. But probably not much more than that. Good luck!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
We shopped it around at the local Coin show today, the general
consensus is that it's an AU 50 grade, with some offers for $1350.
One dealer said it really depends on how motivated a buyer is
to own this coin. He also recommended to have it graded,
before making an offer for it. He seemed to think that he could
broker a sale for it, he'll contact me during the week for further
discussion.
Perrhall wrote:
"Ironically, the normal 1909 Saint is scarcer than the 1909/8 overdate. "
That's very interesting, because my friend also has one of those he wants
to part with.
_Reset
Edit: Upon further review, the 1909 is actually a 1909 S,
my lack of experience is showing.