Dear jung10-ga
As promised, I contacted my numismatist, who, as it turns out happens
to be one of only 2000 or so PCGS numismatists certified to grade this
particular rare coin. As I mentioned he wants to remain anonymous but
said that the information I am relaying to you can easily be verified
through any reputable PCGS certified numismatist. He reminded that it
is very difficult to appraise an “early gold-type coin” which is the
category of rare coins that includes yours, and it is even more
difficult to appraise a coin without actually examining it. It is
possible however to place a price RANGE on a coin such as yours and
that is the information being offered.
Upon contacting this numismatist and explaining your question I
noticed an excited change in his demeanor the more we discussed your
question. He told me he would work on it and call me back in an hour
or two after he had finished some other business. Suprisingly within
20 minutes my phone rang and the numismatist was extremely excited for
you over what he had just learned about your coin through his books
and a few brief phone calls.
As I mentioned your coin is indeed quite rare, especially one in the
PCGS condition that yours has been graded for. (If you haven’t already
done so, you should probably sit down at this point).
I learned that your coin, on today’s wholesale market, would fetch
roughly US$70,000. This is the price where you would expect a dealer
to begin making offers to purchase your coin from you for re-sale.
The “sight unseen” list price for your coin is somewhere in the
neighborhood of US$90,000. This is the price where a collector would
probably begin making offers to make a purchase of your coin from you
as a private owner or individual collector.
The full retail price of your coin, were it to be sold by a dealer of
rare coins in a retail setting, could be priced somewhere in the
US$130,000-US$150,000 range.
Now, the numismatist also offered this bit of advice. Only rarely does
the coin market find “early gold-type coins” rated above PCGS MS 60,
but when one does appear it is always a treasure. Coins such as yours
normally don’t exceed the MS 60 range but because yours apparently
does, it is important for you to make absolutely certain that your
coin was not underrated. If it was, it could be worth significantly
more.
More importantly, the PCGS rating system has been going on for a long
time and in recent years it has been discovered that some coins can
actually be “upgraded” if the original coin holder itself is old and
in good shape. In view of this, he HIGHLY RECOMMENDED you have your
coin re-evaluated by (and this is important) PCGS certified
numismatist because, he says, if your coin can be graded one step
higher to PCGS MS 63 alone, the full retail price of the coin will go
up to somewhere in the neighborhood of US$185,000. If, by some strange
chance your coin gets a new rating of at least PCGS MS 65, according
to him, you can easily put your coin on the market for A QUARTER OF A
MILLION DOLLARS!
Get to a PCGS dealer “AND” a safe deposit box T-O-D-A-Y, oh, and by
the way, don’t forget to call your insurance agent. I am truly elated
about your sudden windfall of wealth. I wish you many more happy
moments like this in the future and I look forward to working with you
again very soon.
Regards;
Tutuzdad-ga
INFORMATION SOURCE:
LICENSED AND CERTIFIED NUMISMATIST |
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