Need a price point to pay for a Fugio

Truth · Apr 21, 2017

I need a price point to pay from someone that's a little more knowledgeable than I. Thank you for your knowledge and your time.

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coinsareawesome · Apr 23, 2017

That coin, according to PCGS Photograde, looks to be right around VF. How much is the person asking for it?

Iron Patch · Apr 23, 2017

Variety matters, as much or more than condition. You need to know that before determining the value.

Truth · Apr 23, 2017

coinsareawesome said:
That coin, according to PCGS Photograde, looks to be right around VF. How much is the person asking for it?

It's up to $370 now

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Truth · Apr 23, 2017

coinsareawesome said:
That coin, according to PCGS Photograde, looks to be right around VF. How much is the person asking for it?

It sold at $370

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smokeythecat · Apr 23, 2017

Pretty coin for sure. These days I generally will only buy a slabbed coin if it's the expensive type, as I don't really know coins well.

Iron Patch · Apr 23, 2017

$370 means nothing, although I suspect it was not being sold in a place that something rare could slide under the radar.

Just to show you what a high grade combined with a rare variety looks like.... but it's the variety that is driving the price way more than the condition. Well it's both, but I'm sure you know what I'm saying. Condition and common and it's likely a 1k coin.

Stack's Bowers > Browse Auctions > LotDetail

Truth · Apr 23, 2017

Iron Patch said:
$370 means nothing, although I suspect it was not being sold in a place that something rare could slide under the radar.

Just to show you what a high grade combined with a rare variety looks like.... but it's the variety that is driving the price way more than the condition. Well it's both, but I'm sure you know what I'm saying. Condition and common and it's likely a 1k coin.

Stack's Bowers > Browse Auctions > LotDetail

OMG!! I just fell in love. Lol you gonna have to excuse me but I just looked up the definition of a "variety" of coin and I still don't get it. What I got out of it was it was how it was struck?

Explanation: Any coin struck from a die pair that differs from others with the same date and mintmark, such as one exhibiting die doubling, different style letters or numerals, or a repunched mintmark

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Iron Patch · Apr 23, 2017

Truth1253 said:
OMG!! I just fell in love. Lol you gonna have to excuse me but I just looked up the definition of a "variety" of coin and I still don't get it. What I got out of it was it was how it was struck?

Explanation: Any coin struck from a die pair that differs from others with the same date and mintmark, such as one exhibiting die doubling, different style letters or numerals, or a repunched mintmark

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1787 Fugio Cents

Truth · Apr 23, 2017

Iron Patch said:
1787 Fugio Cents

Man I have ALOT to learn Lol. Patch which one would you recommend me to look for up to $500?

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Iron Patch · Apr 24, 2017

Truth1253 said:
Man I have ALOT to learn Lol. Patch which one would you recommend me to look for up to $500?

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The rarer the variety the higher the price, so considering you're not an advanced collector I would suggest you stick to the most common varieties and that way you coin get the best looking coin for your money. Usually when a coin is for sale it lists both the variety and rarity, with the rarity being on a scale from 1 to 10. A rarity 8, like the high dollar coin I posted the link to would be shown as a "rarity-8" or just "R-8". I think you want to look for a rarity 1-3, maybe 4... although I'm not even sure if any Fugio is as common as a 1 or a 2.

Truth · Apr 24, 2017

Iron Patch said:
The rarer the variety the higher the price, so considering you're not an advanced collector I would suggest you stick to the most common varieties and that way you coin get the best looking coin for your money. Usually when a coin is for sale it lists both the variety and rarity, with the rarity being on a scale from 1 to 10. A rarity 8, like the high dollar coin I posted the link to would be shown as a "rarity-8" or just "R-8". I think you want to look for a rarity 1-3, maybe 4... although I'm not even sure if any Fugio is as common as a 1 or a 2.

Thank you for educating me on this.

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tokenhead · Apr 24, 2017

As Iron Patch said,Variety!!! And quality.The Fugio in OP moneywise could be good,could be BAD.Only seller&buyer know's that(in MY opinion).Any quality Fugio is going to cost at least$1000.00 again in MY opinion.If you are serious about buying theses coppers get the book! Or A book that cover's fugios exstensively.I say COLONIAL&EARLY AMERICAN COINS/Q.David Bowers great book! I LOVE seeing ANY early american copper.HAPPY HUNTING ALL!!!