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Thoughts on mount removed coins

Started by Cadet67,

3 posts in this topic

Cadet67

Cadet67

Posted
Posted

This is my first post here.  I recently purchased a beautiful 1812 $5.00 Draped Bust gold coin NGC graded XF-45 " Mount Removed".  To my naked eye, it is impossible to identify any imperfections which resulted in it being judged a details coin.  I was simply curious if others are as interested as me in purchasing such rare detailed coins. Thanks!

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Conder101

Conder101

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It all depends upon the cost of the coin. A details coin with amount removed is going to bring considerably less than a problem free coin. On the other hand an 1812  half eagle is a tough enough coin, and expensive enough, that even the details piece will be desirable. There's a lot of collectors who would like to have one, who can't afford a problem free piece. So there's definitely a market for it. Personally, I can't even afford a details piece.

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Just Bob

Just Bob

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I have bought a few "details" graded coins, HT tokens, etc., for the sole purpose of cracking them out and carrying them around in my pocket, or handling them without having to worry about ruining them with fingerprints or scratches. Nothing rare or terribly expensive, though,  just little pieces of history.

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