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Seated Dollars- disconnect in valuations
coinkat
Posts: 24,616 ✭✭✭✭✭
I have noticed that the dealer asking prices have gone up fairly significantly with respect to this series. AU examples seem to be fetching $800-$1100 and I am referring to the common dates.... 1871, 1859-O, 60-O, etc...
The grey sheet and most publications seem to be alittle behind... any thoughts?
The grey sheet and most publications seem to be alittle behind... any thoughts?
Experience the World through Numismatics...it's more than you can imagine.
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-Paul
Edited: because I can't spell
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>I have noticed that the dealer asking prices have gone up fairly significantly with respect to this series. AU examples seem to be fetching $800-$1100 and I am referring to the common dates.... 1871, 1859-O, 60-O, etc... >>
Choice AU coins which aren't dipped or cleaned to hell are regularly selling for WELL over most of the MS-60 sheet values.
High quality Seated stuff is on fire, particularly the tougher dates. Of course, when it comes to nice, unmolested high-grade Seated dollars, every date is a tougher one.
This is especially true of the Quarters and Dollars.
Some of the reason for this of course, is that they were so terribly undervalued. They still are to a great extent.
If this is a series you have an interest in, buy now while there's still bargains to be had.
Ray
Experience the World through Numismatics...it's more than you can imagine.
roadrunner
<< <i>I recently saw a decent 1853 std. $1 in PCGS XF45 for $775. Not far at all off of grey sheet. >>
About two years ago, RCNH had a nice 1846 Seated dollar in totally original PCGS AU-58 for $1050. Great eye appeal. At the time we had just made a major purchase because money was tight so I reluctantly passed on it for my type set.
Now, I'm kicking myself repeatedly for not extending to buy it. Put that one on eBay or in an auction and it's probably $1500 easy, and maybe more.
And in December I went after jdimmick's 1843 Seated dollar also in PCGS 58, on eBay -- an absolute beauty. My snipe of over $1500 was DOA.
I was lucky to find a nice 1846 raw years ago that is terrific... graded an AU58 which will remain in my collection for the forseeable future
Experience the World through Numismatics...it's more than you can imagine.
- Marcus Tullius Cicero, 106-43 BC
Experience the World through Numismatics...it's more than you can imagine.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
1/2 Cents
U.S. Revenue Stamps
Experience the World through Numismatics...it's more than you can imagine.