What was the most expensive coin you bought raw? And....

mercurydimeguy · November 1, 2005 2:24AM

Did you get it graded by a TPG or is it still raw?

If you got it graded, did it grade commensurate with the grade/price you paid for it?

longtimecollector · November 1, 2005 2:28AM

Laid out 9K for a Chain Cent a few years back........ Bought it as a "nice fine" (I said a few years ago didn't I ????)........ It came back a VF !!!!!!!!

mgoodm3 · November 1, 2005 2:32AM

Bought an 1882CC Morgan raw for about $500 raw as a high-end 65. It's in PCGS 65 plastic now, but still is a high-end 65.

BillJones · November 1, 2005 2:33AM

Many years ago I paid just short of $5 grand for a 1796 Quarter. It's now in a PCGS VF-25 holder.

KollectorKing · November 1, 2005 2:39AM

13-S II buffalo nickel MS sixty somethin'; bought it decades ago and it still resides in its original 2x2 plastic holder

Numismanic · November 1, 2005 2:39AM

Paid $325 for an uncirculated 1877-CC Seated Dime, sent it to PCGS where it was bagged
for questionable color.

Russ · November 1, 2005 2:44AM

Two coins at $150 each.

<< Did you get it graded by a TPG or is it still raw? >>

Graded.

<< If you got it graded, did it grade commiserate with the grade/price you paid for it? >>

One sold for $1275, the other for $900. Obviously, I wasn't commiserating.

Russ, NCNE

tradedollarnut · November 1, 2005 2:46AM

Just under $75k for the Vermeule 1873-CC trade dollar - now PCGS MS65:

19Lyds · November 1, 2005 2:55AM

Bought a 1921 Peace in MS63 and a 1928 Peace in MS62 and paid those prices for the coins. Both graded right on from PCGS. The dealer I purchased them from has my unquestionable respect for accurate grading!

OKbustchaser · November 1, 2005 2:56AM

Bought 'em raw...still raw...will remain raw--for at least as long as I am alive. (And yes, either would slab at any TPG)

I paid the most for this one...

This one is probably more valuable...

Regulated · November 1, 2005 2:58AM

$218,500.00, and yes, it did.

xbob · November 1, 2005 3:08AM

When I started getting serious about my collection 1.5 yrs ago I bought a raw Saint on Ebay for $470. I hadn't discovered this forum yet or done my "homework" with reading. I wanted it b/c it was my Grandfathers Birth year 1916 and they didn't seem to show up much. It's now in PCGS. Thank God it wasn't fake or altered. I was naive and won't do that again. Graded AU-50 so worth about $100 of what I paid according to Coin Values inflated value. It will be cracked back out when I get a type album gold page. At least I have peace of mind that it's authentic and not altered in any way.

Now I stick to slabbed coins or from a dealer I trust for most over $100. Modern mint products I would be more trusting raw.

Pistareen · November 1, 2005 3:13AM

$322,000 for an NE Shilling at the Ford sale. It remains raw but may well be graded in the future.

David Mc -- do I win?

Here's a link:

NE Shilling

Regulated · November 1, 2005 3:21AM

What I bought was much, much cooler than an NE Shilling, wasn't it?

RYK · November 1, 2005 3:23AM

I have not spent more than $275 or so for a raw coin.

sellsatan · November 1, 2005 3:26AM

$385 for this 1928 Oregon Commem. It will be submitted in the near future.

I'll take better pics when my copy stand gets here.

WaterSport · November 1, 2005 3:26AM

I guess the good news is that I have ONLY spent $100 for a raw coin; a1918 D Lincoln that was 63 R&B. But PCGS said it was 64 R&B, so I didn't complain.

WS

Pistareen · November 1, 2005 3:27AM

<< What I bought was much, much cooler than an NE Shilling, wasn't it? >>

That's like asking a dad if his kid is the smartest one in school.

Put it this way: if I discovered the first NE shilling, I would think it was cooler. As it is, I can at least say that my check is bigger than yours!

Regulated · November 1, 2005 3:29AM

And that's the only thing you can say that about.

I couldn't help myself.

TheRaven · November 1, 2005 6:07AM

$275 for a VG 1892-S Barber Half.....

Still raw in my album.....

That is likely to be topped one of these days by it sister from new orleans one day.....

I will not purchase any american gold raw period, so unless I get into other barber sets (1895-O Dime?) this could hold for a while.....

fivecents · November 1, 2005 6:11AM

$2300 for a raw 1799 Bust dollar. It's at PCGS now, I should get grades end of this week...I hope.

itsnotjustme · November 1, 2005 6:27AM

A 1976-P T2 Ike. I paid under $2. No Joke. It is now in a PCGS MS67 Holder.

CarlWohlforth · November 1, 2005 6:35AM

Wow, I thought TDN was going large. Then Regulated bought something for $218K and won't even say what it is. OK, so I thought that really was something. Then Pistareen buys a NE Shilling (thanks for the link!) for over $300K. To me the NE Shilling is much cooler than Regulated's coin because many of us don't even know what it is.

OK, who's next?

Not me, I blew $600 on a coin that got bagged.

mercurydimeguy · November 1, 2005 6:39AM

Regulated...I've seen your coin, if I think it is the one you're referring to. I agree with your comment!!!

In fact, I'd be OK if that one coin constituted my entire collection

>....Where are the folks from Legend. I've heard rumors that they've pulled the trigger on some high flying raw material

SanctionII · November 1, 2005 6:57AM

Multiple examples comes to mind and since they are all raw, I do not yet know how expensive they are.

They include but are not limited to a 1936 proof set (with very very nice dime and satin nickel) bought in 1998 for what I thought was too much but what now looks like a bargain); a 1950 CAM Proof Frankie; a 1924-S MS Quarter; a 1933-S MS half; a 1909-S MS RB Lincoln; a 1914-D fine Lincoln; a 1908-S VF-EX cent; an XF 1830 Bust Half (bought in the 78-80 time period); an 1857 MS cent; an MS California Jubilee Commem half; a 1935-S MS Quarter; a proof 1942 dime; a proof 1940 quarter; multiple CAM and DCAM 1950-1970 coins out of proof and sms sets and 2-1956 Mint Sets.

ibzman350 · November 1, 2005 7:15AM

For me that would be a 83cc morgan, paid $161.50, bought it as a MS63 from a board member whom I trust and who grades coins as his daytime job.

Don't need it slabbed cause it's a dansco coin.

Herb

21Walker · November 1, 2005 7:50AM

Highest I paid for a raw coin was $356 for a fine 1921D Walker (still raw in album). Bought a 21S Walker in fine last weekend for $110 and submitting that one along with a 1912S Liberty nickel in fine I bought the weekend before for $172..............Rick

elwood · November 1, 2005 8:00AM

<< $322,000 for an NE Shilling at the Ford sale. It remains raw but may well be graded in the future. >>

Congrats J.K.....is it for yourself??? If so, are there any positions available with ANR

I think it was?????????
$40K for a C.C. Chain Cent.

rsdoug81 · November 1, 2005 8:01AM

The most expensive raw coin that I've bothered to have slabbed was an 1878 Rev 79 Morgan. It was a flea market find that I paid $110 for. It slabbed as a 64 at PCGS

coinbuf · November 1, 2005 8:10AM

My 1911-D 2 1/2 gold indian, paid $1500 some yrs ago, its still raw and in the capitol holder with the rest of the set, but it is the real deal.

Chris

ChangeInHistory · November 1, 2005 8:13AM

Just under $400 for a 1844 SL Dime.

Still raw and in an album.

Pistareen · November 1, 2005 8:41AM

<< Congrats J.K.....is it for yourself??? If so, are there any positions available with ANR >>

C'mon, how much money do you think some kiddie pool-intellectual makes writing about coins?

ANR bought two NE shillings and a Willow Tree shilling on behalf of our retail clients. We spent over $800,000 in the first 5 minutes of the auction on 3 raw coins.

My most expensive coin was bought in a holder (then and now pop 1 with none higher, a colonial) and cracked out the instant I finished paying for it.

cho10 · November 1, 2005 8:47AM

$1,600 for an 1895-S Morgan MS61 about 10 years ago.

I had it slabbed by ANACS (MS61) and traded it for a Hawaiian 50 cent piece ANACS MS61 (I didn't have any commemortives at all at the time) and an 1878-CC Morgan in PCGS MS62.

MrEureka · November 1, 2005 9:06AM

Laid out 9K for a Chain Cent a few years back........ Bought it as a "nice fine" (I said a few years ago didn't I ????)........ It came back a VF !!!!!!!!

That reminds me of a raw Chain I bought in about 1989. (For the copper weenies, it was the Beckwith S-2.) I paid about 115K and it graded AU the first time. Since I graded it "nice unc", I resubmitted and it graded 62. Later, I got it into a 63 holder and sold it. Years later, it reappeared in a 64 holder. A dealer bought it and ugraded it to 65. It later sold for 431K in an ANR sale. I guess it really was a "nice unc".

rays · November 1, 2005 9:14AM

$10,500 for a lettered-edge wreath cent, XF45, from the Frankenfield sale by Superior a few years ago. The coin was ex: Norweb and I had it slabbed by PCGS.

Dave99B · November 1, 2005 9:17AM

$625.00 for a tired P1 Chain cent (eBay).....ANACS agreed, and slabbed it Poor1.

Dave

RedTiger · November 1, 2005 9:18AM

An 1862 Seated Dollar. It would also be my biggest numismatic loss if I sold it

I believe the dealer overpaid, and added a hefty markup, and I did not bargain well. I have mixed feelings about buying it even though I would take a big loss if I sold, because I have not seen another affordable example in the years since I have bought it (of course I haven't been actively looking). It is still raw.

tradedollarnut · November 1, 2005 9:22AM

Since I graded it "nice unc", I resubmitted and it graded 62. Later, I got it into a 63 holder and sold it. Years later, it reappeared in a 64 holder. A dealer bought it and ugraded it to 65. It later sold for over half a million bucks in an ANR sale. I guess it really was a "nice unc".

That was a very nice coin. They was on drugs there for a while, eh?

PS - it was actually just over $400k.

elwood · November 1, 2005 9:27AM

<< That reminds me of a raw Chain I bought in about 1989. (For the copper weenies, it was the Beckwith S-2.) I paid about 115K and it graded AU the first time. Since I graded it "nice unc", I resubmitted and it graded 62. Later, I got it into a 63 holder and sold it. Years later, it reappeared in a 64 holder. A dealer bought it and ugraded it to 65. It later sold for over half a million bucks in an ANR sale. I guess it really was a "nice unc". >>

Andy, don't you just hate it when that happens??

Gradeflation...what's that???

MrEureka · November 1, 2005 9:30AM

Andy, don't you just hate it when that happens??

Not at all! Do you know how much harder it would be to make a living if they graded the coins the same every time?

DMWJR · November 1, 2005 9:33AM

I bought a pair of 1990 No-S Proof sets raw! One slabbed 68DC, and the other is raw (or still in the proof set if you will).

09sVDB · November 1, 2005 9:41AM

22P Lincoln VF20. Returned from PCGS F15.

Craton · November 1, 2005 9:42AM

A 1972 MS64 DDO (the big one) from Fred Weinberg at the salt lake city ANA show about 5 years ago. It was purchsed raw and then sent to NGC and certified as an MS 64 DDO.

mercurydimeguy · November 1, 2005 9:47AM

<< Andy, don't you just hate it when that happens??

Not at all! Do you know how much harder it would be to make a living if they graded the coins the same every time? >>

mozeppa · November 1, 2005 9:54AM

1996-D lincoln cent

bought it for 1 cent!

graded 65 red .....now its worth $3.50

mtnman · November 1, 2005 9:58AM

I bought an 1839-O Bust half for $390, an 1806/5 Bust half for $395 & an 1837 Bust half for $325. The 39-O has a
shot at EF40, the 1806/5 is F15 & the 1837 has a shot at AU58. Getting ready to send them off in the next week or two.

bgrice · November 1, 2005 10:03AM

A loooooooooooooooooong time ago I bought a '21 Walker from Ernie for $325 that he described at VF-something. I was filling a Dansco album with circulated walkers at the time and believed some of these sellers on schmuck-bay. I sent it to NGC & they graded it VG-10. Heck... at least it graded something and not bodybagged.

ar18 · November 1, 2005 10:29AM

1972 Lincoln DDO Die #1 raw for $375, now sits in a MS-67 RD PCGS holder. Also made 2 MS-66 RD for $350 and $410.

majorbigtime · November 1, 2005 11:35AM

All of 'em I bought before they started slabbin'!

CarlWohlforth · November 1, 2005 11:41AM

OK, Pistareen is not looking so good as it wasn't a coin he personally bought with his own hard earned savings...

I must say MrEureka's Chain Cent is very impressive. I would never grade a coin with such gashes a 65, but hey, I would agree it is a nice Unc.

Pray tell, is there a nicer Chain Cent around? As anyone can tell I'm not an early copper guy, but that is the nicest I've seen...

tradedollarnut · November 1, 2005 11:47AM

I must say MrEureka's Chain Cent is very impressive. I would never grade a coin with such gashes a 65, but hey, I would agree it is a nice Unc.

Mostly those are planchet voids present prior to striking.

Pray tell, is there a nicer Chain Cent around? As anyone can tell I'm not an early copper guy, but that is the nicest I've seen...

Yes, several. The nicest, a sure-fire specimen pictured in the '100 Greatest US Coins' book, is in the marvelous Stellar Collection.

What was the most expensive coin you bought raw? And....

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