1851-O 10c seated Liberty AU58 $5000.00 listing

lostincoins

WoW this is quite the write up on this coin! It should be 35000.00 or more!!

link

DIMEMAN

That coin is not that nice for 58...plus it list for $1450 in PCGS58 and this coin is ngc58.

Way overpriced in my opinion.

ricko

Wow.... just do not think it will pull that kind of money..... ICBW...Cheers, RickO

jmcu12

I love the seller's 'profit chart' in the last picture!

lostincoins

Thats why I put the link here, it is quite the write up and sales pitch, ill take 2 lol even I know better lol

johnny9434

<< <i>I love the seller's 'profit chart' in the last picture! >>

i hope they got permission to use that in a photo setting?

yosclimber

From Gerry Fortin's site:
http://www.seateddimevarieties.com/date_mintmark/1851ovarpage.htm


<< <i>
Updated Greer Rarity Ratings
Overall Rarity: G-VG R2, F-VF R3, EF-AU R4+, MS R7

Comments: Only one die pair has been identified to date, however Breen lists a Small O variety. If the stated mintage
of 400,000 is correct, one could expect that a second die pair would be discovered since Variety 101 does not come
with progressive die cracks or die erosion. The scarcity of higher grade examples makes this date difficult to study.

October 2012 Comment: Current CoinValues pricing in MS63 is much too low! With an R7 rarity estimate in Mint State, can a $3500
value be justified for MS63 grade example in TPG holder? I would gladly pay a premium over the $3500 CoinValues pricing for an
1851-O dime in PCGS MS63. >>

Max2

While I agree that the coin is overpriced, it is off just about as much as the PCGS price guide price for the coin. I paid just under $2k for my 1851-O PCGS 58 (now CAC) in 2006, and I'm glad I did. The Dr. Tim sale of a nice PCGS 58 sold for $2,300 in 2005. Almost every MS on the Heritage archive is not desirable, in my opinion.

The point is that 1851-O dime in high AU or MS is very rare. A desirable coin of this grade or higher appears at auction only once or twice a year. The seller, while optimistic, is not as far off as it may seem.

roadrunner

<< <i>While I agree that the coin is overpriced, it is off just about as much as the PCGS price guide price for the coin. I paid just under $2k for my 1851-O PCGS 58 (now CAC) in 2006, and I'm glad I did. The Dr. Tim sale of a nice PCGS 58 sold for $2,300 in 2005. Almost every MS on the Heritage archive is not desirable, in my opinion.

The point is that 1851-O dime in high AU or MS is very rare. A desirable coin of this grade or higher appears at auction only once or twice a year. The seller, while optimistic, is not as far off as it may seem. >>




I've seen this seller use this same inane "logic" on other semi-key dates in the seated series. Sorry, but the 51-0 has no business being compared against the overall rarity of an 85-s, 71-cc or 72-cc. While it gains stature
as you near mint state it's also true that there are enough XF-AU coins out there to satisfy date collectors looking for one. Using PCGS pops for comparisons is nuts too. Those other 3 dates are often faked/altered. I've never
seen or heard of a fake/altered 51-0 dime....though I suspect there's probably one out there with an added MM. An Unc 51-0 is another story. Like the 51-0 quarter, most uncs fall short of being attractive or even technically
all there.

seateddime

This is a coin that is exceedingly rare in Mint State. Several are locked into NGC holders as PCGS does not like the color. The Simpson coin is the nicest to be auctioned in nearly a decade and it did not cross over toning.

There are only 4 PCGS coins graded is MS with the finest being a 64.

I think any MS 1851 O dime is a $10,000+ coin easy.

rhedden

Based upon the discussion here, the 1851-O dime seems to fit into the same category of "condition rarity" as the 1884-S Morgan dollar. Circulated coins are common, nice AUs are a good find, and strictly Unc. pieces are very tough. Of course, there population of the 1884-s dollar in each grade is probably multiplied by a factor of 10, but you get the idea.

When a coin is prohibitively rare in true Unc., people tend to get stricter on grading Unc. pieces. Any certified 1851-O dime in a grade like MS62 will be looked at very closely by prospective bidders who won't want to buy an AU58 for Unc. money. Thus, I can imagine that several of the "MS" pieces in the Heritage archives probably sold as AU58.

Here's one that might have gotten away, however. Graded MS64, it sold in 2010 for under $4k, despite its pretty toning. Is this example one of those AU 64 coins that sold for less than a "real" 64 would bring?

Link to Heritage item

seateddime

<< <i>Based upon the discussion here, the 1851-O dime seems to fit into the same category of "condition rarity" as the 1884-S Morgan dollar. Circulated coins are common, nice AUs are a good find, and strictly Unc. pieces are very tough. Of course, there population of the 1884-s dollar in each grade is probably multiplied by a factor of 10, but you get the idea.

When a coin is prohibitively rare in true Unc., people tend to get stricter on grading Unc. pieces. Any certified 1851-O dime in a grade like MS62 will be looked at very closely by prospective bidders who won't want to buy an AU58 for Unc. money. Thus, I can imagine that several of the "MS" pieces in the Heritage archives probably sold as AU58.

Here's one that might have gotten away, however. Graded MS64, it sold in 2010 for under $4k, despite its pretty toning. Is this example one of those AU 64 coins that sold for less than a "real" 64 would bring?

Link to Heritage item >>



The coin was a steal, it traded after the sale for well over the price realized - I know, I purchased it.