Anyone got a spare $90,000??????

[spy88]

Worth it or not, this would be a nice coin to have for my raw collection!

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=3900386980&category=41088

[gmarguli]

1) 90K for a Jefferson. You could buy a Chain cent, Gobrecht dollar, High Relief Saint, and a complete set of 1794-1807 half dollars for that and still have money left over to buy a gem non-FS one of those.

 

2) It's not slabbed. Why?

 

3) Steps look weak on the lower left side. Wanna bet it's been thru every major service a dozen times and never gotten the FS designation once?

[spy88]

You could buy a Chain cent, Gobrecht dollar, High Relief Saint, and a complete set of 1794-1807 half dollars

Yes, you could buy LOTS of things with this amount of money---but some of us would rather have this Jefferson!

 

Greg, I've done business with Larry who handles eBay auctions for OLCoin and have never been disappointed with my purchases or the coins. He doesn't slab, letting the customer do the grading and base value on what they see. If he says there are 6 steps then there is AT LEAST 5 full steps, and probably the 6 he advertises.

 

The reverse Monticello IS a weak strike, but typical and maybe even a bit stronger then normal for a 53-S. Does not negate the value of a FS 1953-S, but for $88,888? I think this coin will be in his inventory for quite some time!

 

David

[Hoot]

 

I think that Larry has been watching the Heritage auctions too closely!

 

This is bull. I've also done business with Larry and consider him an honest guy. However, he should send the freakin' coin in to NGC (I don't care if it's his first time) and have it attributed 6FS. Then he should place it up for bid, either in his usual fashion or with a major auction house. You simply cannot set the price for a piece like that since it's so far afield of anything previous.

 

Horse pucky.

 

Hoot

[Hoot]

Oh, and 6 steps or not, grade also matters.

 

The fact that this coin "pops up" now is a sure sign of what I've been saying that the Jefferson nickel market has a long way to go before you can make any bets about value in the series. All the value currently is contemporary, as not enough history has passed to set a precedence for rarity in the series.

 

Hoot

[jom]

I think all grading of FS Jeffs should use the following analogys:

 

1) If I ran down the steps of the real Monticello and the real steps had the same detail as a typical 53-S, how badly would I be hurt after I fall on my face?

 

2) Same question but having the same detail as this coin, how badly would I then be hurt?

 

3) Would the amount this guy is asking for this coin cover my insurance needs after the fall?

 

Curious minds want to know!

 

jom

[spy88]

...he should send the freakin' coin in to NGC (I don't care if it's his first time) and have it attributed 6FS. Then he should place it up for bid, either in his usual fashion or with a major auction house. You simply cannot set the price for a piece like that since it's so far afield of anything previous.

 

I agree with you 100% on this, Mark. I simply cannot find/see/formulate any logical reason why he does not/did not do so. If this coin is as Larry says it is (and he obviously does else why embarrass himself and OLCoin with the auction), it simply DEMANDS authentication and slabbing!

 

He would have better luck privately offering it to MS FS Jeff registry set owners, who may or may not deem the coin worth the trip to Florida to see it in person before tendering an offer. Even then, they may require it slabbed as conditional to sale.

 

David

[jtryka]

Well, I am not a Jefferson expert, but I did attend the Heritage auction on Friday night, and in lot viewing I had the chance to look at the 27-S Saint (NGC MS-66) they had for sale, and 3 hours later it sold for $104K (hammer). Guess which one I'd rather own???

[Wihlborg]

Guess which one I'd rather own???

 

 

 

 

John

[Leothelion]

Here's one I'll sell for a $125,000!

Click to view supersized image

 

 

 

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In other words; it's not for sale! I think this is what olcoin is saying in his discription. But I would sell it if someone were to really give me $125,000! Leo