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Old May 13th 06, 06:43 PM posted to rec.collecting.coins
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Default 1796 B-4 Draped Bust Dollar -- Opinions??


Ira wrote:

Been away at a show, Brian, so couldn't reply before this. No one in
the replies seems to mention that the coin is cleaned, and although
many early dollars have been cleaned, this cleaning is obvious enough
so that it is unlikely that PCGS or NGC would certify it at all. Since
an UNCLEANED F-12 (I agree with the detail grade) would sell for
$2000-$2500, I would simply start bidding a $995 in a 7 day auction.
It's typical retail would be about $1200, just under what an uncleaned
VG would bring. You may do as well or better. Or, set a reserve of $995
which will cost you a $10 reserve fee on top of the eBay listing fee
and start at $250. That will encourage bids, and you may get the type
of activity that will bring a fair price. I would mention that the coin
has been lightly cleaned and/or show the slab so stating that. If it
does sell then eBay won't charge the $10 reserve fee, but if you relist
it, the reserve fee is again imposed.

Ira


Hi, Ira.

You're right that PCGS wouldn't slab it. Been there, done that, got
the bodybag to prove it. I'm a little surprised that you think it
would bring less than uncleaned VG money, because from what I can see,
the details are far better than that, even acknowledging the cleaning.


I think the thing I might end up doing (pending the seller's
permission) is announcing the Ebay auction on the B/S/T forum on PCGS
and here, and then setting an opening bid of $1000 on a 1-week auction.
(Incidentally, is there any difference between a starting bid of $995
and $1000?)

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