Saint swApping...what would be a far price?

TypeSetter · August 24, 2010 11:03AM

I have a NO MOTTO PCGS MS-64 I have opportunity to upgrade to an MS-65 with new Secure Plus holder
what would be a fair price to add to the MS-64 for the 65 in secure plus? thanks dealer expert on common Gold?

ajman · August 24, 2010 11:11AM

Hi. Have you checked the PCGS price guide to guage a fair price? I don't know if it would be extremely accurate, but it's a place to start. Good Luck in whatever you decide to do. Tony.

TypeSetter · August 24, 2010 11:17AM

yes,not accurate but thanks.I need someone to tell me that deals in gold bullion daily probably.

lordmarcovan · August 24, 2010 11:17AM

<< <i>Saint swopping...what would be a far price? >>

A million extra dollars would be a far price.

Now, as to what a fair price would be, I'll defer to those more experienced in Sainthood.

coinguy1 · August 24, 2010 11:24AM

Currently, the high sight-unseen dealer bid for a PCGS MS65 No Motto Saint is about $325 higher than for an MS64. And the low ask price is about $360 higher for the MS65 than for the MS64. Based on that, all other things being equal, I would say that the MS65 should be roughly $350 more than your MS64.

TypeSetter · August 24, 2010 11:42AM

<< <i>

<< <i>Saint swopping...what would be a far price? >>

A million extra dollars would be a far price.

Now, as to what a fair price would be, I'll defer to those more experienced in Sainthood. >>

you still cruisin around in that Van you picked me up in one time???

SeaEagleCoins · August 24, 2010 11:48AM

"Far" be it from me to suggest a price

but the title of this thread leads me to ask...

is a "swop" a swooping swap or is it a swiping swoop?

robkool · August 24, 2010 11:54AM

Mark is correct...

droopyd · August 24, 2010 11:56AM

<< <i>is a "swop" a swooping swap or is it a swiping swoop? >>

"swop" is an old "down east" way of spelling "swap."

TypeSetter · August 24, 2010 12:19PM

hey, EngRish is my 4th language!

roadrunner · August 24, 2010 12:47PM

There's a chance that you can arbitrage another $300 with the secure plus 65.

CAC MS65's are fetching $350 over regular MS65 Saints. And I would say the majority of 65 secure plus coins will meet CAC quality standards. But if this one does and you can get it CAC'd, it jumps into the upper $2200's and they are liquid, probably much more so than non-CAC'd 65's at $1950-$1975 each. But something tells me that unless your dealer/trader is not well versed on gold, that they would not likely leave $300 on the table. In any event your risk is $10-$20 for a CAC fee vs. +0 to +$300.

This isn't a 65+ is it?

roadrunner

TypeSetter · August 24, 2010 12:57PM

We are not talking CAC's sir~

Roadrunner~ http://www.pcgs.com/secureplus.html

the new holder is what I am referring to sir

messydesk · August 24, 2010 1:02PM

How do the coins look? Is yours a solid 64, or is it rough like a lot of 1908 NMs, or is it in 64+ territory (which you can't claim without a regrade, anyway)? The PCGS price guide has a $200 spread between 63+ and 64+. Since I assume both parties can see both coins, that will come into play in determine what's fair.

roadrunner · August 24, 2010 1:03PM

Yes, but a non-CAC that has not been reviewed can become a CAC coin. That is exactly the point. Hence while a fair swap would be CoinGuy1's $350 or so, but the potential upside remains. If you like the coin a lot as a 65, then it could have potential. As I said, almost zero downside, potential $300 upside. It has nothing to do with "fair" at the moment. Generic slabbed gold pretty much sells at the listed prices regardless of whether one is a bit nicer or one is not. About the only exception is if they are solid upgrade shots. Spots do detract up to 5% however. If I could get rid of a spotted 64 for a no spot 65 and they are of about equal quality for their grades...done deal. Or if I had the opportunity to swap out CAC 64's (or non CAC 64's) for 65's that look to be CACable, I'd do that in a heartbeat....as the 64's generally bring little premium for CAC stickers. The 65's and up bring hefty premiums. All CAC's are not created equal.

And while you're at it, check that 1908 NM for a double die reverse.

And yeah, I get confused with this secure plus vs. secure plus +. I guess when I actually buy my first + I'll remember the difference.

roadrunner

TypeSetter · August 24, 2010 3:26PM

too much data for my simple understanding of straight value swoooping!

lordmarcovan · August 24, 2010 10:23PM

Just to add more useless chatter to your thread (but slightly more on topic and with a tinge of reminiscence)... I recently made this observation on my "9 years old" thread:

Speaking of No Motto Saints, I remember buying a 1908 NM in a PCGS MS63 holder, off the BST forum here, for 400 bucks delivered.

My, how times have changed in just eight or nine years, eh?

TypeSetter · August 28, 2010 5:14AM

still have the Mr. Scary Van?

Saint swApping...what would be a far price?

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