I'm looking for a rough value on an 1844 $1 sight unseen

Comments

• michael Posts: 9,524 ✭✭✭

  April 25, 2005 4:53PM

  well okie here is a rough value
  
  lets assume the coin is a solid xf45 and lets also assume the coin has good eye appeal or as good as eye appeal as you can get for an xf45 seated dollar and also lets assume the coin has no hairlines and is an original grey coin
  
  and has never been cleaned and with no edge bangs or serious digs or other problems and just has honest wear and a dove grey coloration
  
  then this coin to me is worth 600-675 dollars i would certainly pay 600 dollars for it
  
  

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• Millertime Posts: 2,048 ✭✭

  April 25, 2005 4:57PM

  Michael, this is the kind of info I'm looking for. Do you think a coin shop would really offer someone that doesn't know what they have a $100 for the coin you described?
  
  Millertime

  Mercury Dime Set (rattlers)
  Complete Dime Set
  
  

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• michael Posts: 9,524 ✭✭✭

  April 25, 2005 4:58PM

  okie lets assume you got an original au a middle for the grade au say au-55 and it has a wonderful thick original skin to it with good lustre and has above average eye appeal and is also fully struck with no problems whatsoever
  
  i would say it is worth between 1500-1800 i would be happy to pay 1500 for it
  
  

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• michael Posts: 9,524 ✭✭✭

  April 25, 2005 5:01PM

  well i do not know why the coin shop alledegly offered $100 or what the coin looks like
  
  but what i do know is that if you showed me the coin i can tell you the grade
  its problems or not
  and its eye appeal and/or originality
  and finally what the coin is worth if you offered it to an interested party

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• Sphinx357 Posts: 1,279

  April 25, 2005 5:09PM

  
  
  << <i>If this coin was an AU ($1100 in Red Book) do you think that dealers would really offer that low of a figure for it? >>
  
  
  yes

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• F117ASR Posts: 1,416 ✭✭✭

  April 25, 2005 5:43PM

  Dealers will take a rip whenever they can. If they were willing to offer $100 then it's probably worth at least 5 times that. If the coin was only worth $300 then they probably would have offered $30-$50.

  Beware of the flying monkeys!
  Aerospace Structures Engineer

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• PerryHall Posts: 46,860 ✭✭✭✭✭

  April 25, 2005 9:42PM

  The first thing I would do is to make sure its authentic! There are a lot of fakes coming out of china these days.

  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

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• mr1931S Posts: 6,415 ✭✭✭✭✭

  April 25, 2005 10:11PM

  Words of a coin dealer (anonymous):
  
  "We assume that anyone who walks through our doors doesn't know anything about coins. You'd be surprised what people will accept ($) for their coins."
  
  "If this coin was an AU ($1100 in Red Book) do you think that dealers would really offer that low of a figure for it?"
  
  The anonymous quoted dealer above would.
  
  

  Whoever is careless with the truth in small matters cannot be trusted with important matters.

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• Millertime Posts: 2,048 ✭✭

  April 26, 2005 12:27AM

  Thanks for the info everyone. The lady that was offered $100 by the coin dealer is going to sell it to my wife's friend for $50 because that's all she needs for something. I was asked what it was worth by the lady buying it for $50. I guess I could tell her it's fake and offer to buy it for $100 . Hopefully I'll be able to see it and if I can figure out if my camera will take a decent picture I'll post it here.
  
  Millertime
  
  

  Mercury Dime Set (rattlers)
  Complete Dime Set
  
  

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