What to do with the dog (not DOG)--1830 QE
RYK
Posts: 35,800 ✭✭✭✭✭
I am seeking forum opinions on what I should do with a coin (1830 QE) that does not really fit with my collection. This is a coin that I purchased to represent the "Fat Head" design in my collection. It has AU details and is in a PCGS Genuine holder. I have, numerous times, taken it out of the SDB and considered selling it, but every time I do, I decide that it looks too nice to give up. I even asked my wife's opinion on one occasion, and she said she liked it and that I should keep. One kid likes it, and the other does not (but when you ask the two of them together, they will naturally take the opposite side of any issue 
).
More recently, as in Tuesday, I have acquired the 1818 Fat Head $5 from the Heritage sale to represent the design, and now the quarter eagle is even more expendable. I am looking for reasons why I should keep it and why I should discard it.
Here's Todd's photo:
).More recently, as in Tuesday, I have acquired the 1818 Fat Head $5 from the Heritage sale to represent the design, and now the quarter eagle is even more expendable. I am looking for reasons why I should keep it and why I should discard it.
Here's Todd's photo:
0
Comments
What is PCGS' reason for the Genuine slab?
I'm sure it will serve its noble purpose by helping you to fund the next keeper DOG
If it doesn't fit with your collection and has no sentimental value, or you want to put the cash toward another coin(s)... sell it.
If your SDB has plenty of room, you don't need the funds for another purchase and you can't find an immediate reason to sell, hang on to it for a while.
From your post it sounds like you're really looking for reasons to hold on to it rather than to sell it.
<< <i>I like the coin.
What is PCGS' reason for the Genuine slab? >>
It looks cleaned. Very nice coin, though. I like it.
<< <i>Sell it and don't look back. >>
x2
If you are questioning yourself about it now, you will question yourself in the future as well. If you get a good offer, take it and buy something that fits better and is problem free.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Advertise it for sale at a stupid high price.
If it sells, use those mad funds toward other meaningful DOG purchases that you will enjoy more than this one.
If it doesn't sell, you still have it to sell at a later date.
Too many positive BST transactions with too many members to list.
It any rate, I find it hard to call any 1830 quarter eagle “a dog.” According to Dannreuther (Early U.S. Gold Coin Varieties) the estimated population of the single variety for the year is 80 to 100 pieces. I’ve seen AU graded examples of this type that had been so badly dipped that they were “fried.” Still they sold quickly at low 5-figure prices. I’d advise you to think twice before you sell. Replacing it could be difficult if you changed your mind.
As for your assertion that you 1818 half eagle covers the “Fat Head” type, that is not strictly true. There are several fat head types that were issued from 1813 to 1814. Here are pictures if you want to compare the artwork. BTW I think that these are some of the ugliest gold coins the U.S. ever issued, but they are all rare and expensive.
Quarter Eagles:
"Fat Head" Type 1821 - 1827, Open Collar
"Fat Head" Type 1829 to mid 1834, Closed Collar
Half Eagles:
1813 to 1829, Open Collar
1829 to mid 1834, Closed Collar
<< <i>Well since nobody else has said it, giveaway time! >>
Yea, I'd give it good home.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
CG
<< <i>Compromise...trade it in towards something you like better. >>
Funny thing, I saw this on your "Box of 20" link a while back and couldn't understand why you had the coin. I think that you should sell it. It just doesn't fit your style in my opinion. I would say this even you hadn't bought the Bass half eagle.
earlyAurum
<< <i>I like the coin.
What is PCGS' reason for the Genuine slab? >>
Numerous hairlines and a slightly polished look to the surfaces so it is a cleaned coin, still a rare coin in a series filled with rare coins.
The Genuine code is 92. In hand, the coin has the appearance of a choice AU coin that has been lightly cleaned and polished. It has a proof-like appearance, as well. It is not a dog, but neither is it a DOG. I have tried to get myself to sell it numerous times in the past, but I just could not get myself to do it. In fact, it is pretty darn attractive, IMO.
For my purposes, one Fat Head is enough, and I have always really wanted the half eagle anyway.
There is a coin in an upcoming auction which is of similar value, that suits my collection, that I would MUCH rather own. I think that I can rationalize the decision to sell this coin by asking myself: "Which one would you rather own?"
Thanks for everyone's input.
1830 QE coming to a BST near you!
JK
buy an upgrade that's dirty, THEN sell this coin
Liberty: Parent of Science & Industry
<< <i>It has a proof-like appearance, as well. >>
Many of these coins have proof-like surfaces because of the very low mintages.
By the looks of your coin I would rather own that one, if I didn't care about registry points, instead of some of the AU graded examples I've seen that have been dipped to death.