What would you pay for a 1799 Draped Bust Dollar with a repaired hole

RogerRamjet · March 12, 2009 12:07AM

I have the opportunity to get a 1799 Daped Bust Dollar (Common variety) that has a plugged hole. It is repaired well and is about VF-20 (raw). It probably has been cleaned in its lifetime but it is not too shiney so it is not a recent cleaning. I do nothave any pictures so I am only looking for ballpark figure.

Any input would be appreciated.

gecko109 · March 12, 2009 12:14AM

Fight the urge to "settle" on a coin like this. Everytime you try to look at this coin, you will immediately be drawn to the plug. Eventually, any thrill that you got by getting such a coin at a low price will have faded and been replaced by the "why did I buy this thing" emotion.

nycounsel · March 12, 2009 12:24AM

I agree with gecko109

LanLord · March 12, 2009 12:28AM

I would agree with the above statements unless you're a die marriage specialist and this one is a very rare one that just can't be had any other way.

commoncents05 · March 12, 2009 12:31AM

Unless you can get the coin for melt, pass.

-Paul

doh · March 12, 2009 12:34AM

1/4 book

dorkkarl · March 12, 2009 12:35AM

800 - 1000

K S

fc · March 12, 2009 12:39AM

<< <i>800 - 1000

K S >>

i cannot imagine ever paying that much. granted i do not know the price
guide values but who wants to pay 800 bucks for a messed with coin?

best to just keep on looking and saving.

MidLifeCrisis · March 12, 2009 12:51AM

<< <i>I agree with gecko109 >>

RedTiger · March 12, 2009 12:54AM

I might pay $300 or so, but am trying to stay away from coins with such big problems. I have bought them in the past, and they tend to be burial coins (never ever sell for close to what I paid).

Teletrade has these two with repairs (not plugs though).

Hammered for $1050 and looks rather nice:

$950 and unappealing to my eyes

Considering the above numbers for less significant repairs, $1000 would be extremely strong money. Dealer offers, if they offer at all, would likely be $100 to $400. I would guess those same dealers might ask for $1000+ hoping to land a fish.

291fifth · March 12, 2009 12:59AM

Don't buy problem coins. 1799 Draped Bust dollars are not rare.

RogerRamjet · March 12, 2009 6:04AM

I will take your advice and move on. Confusious could have said, "Your wisdom is greater than the sum of your parts."

jdillane · March 16, 2009 6:31AM

When it comes to bust dollars, I do not run away from holed specimens. Granted, they should be heavily discounted but they still have a story to tell. Especially those that were holed with the old time square nails. I think $800 is too high for a VF but if a nice XF, I would definitely look. Especially since many of these escaped a cleaning.

Edited to add that I am referring to holed coins rather than plugged coins re cleaning.

bidask · March 16, 2009 6:35AM

$100

What would you pay for a 1799 Draped Bust Dollar with a repaired hole

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