Hey everyone! I just recently acquired a 1937 Buffalo nickel with a clear doubling on the obverse, and it got me thinking about the selling process. I’ve done a bit of research online and know that some collectors pay quite a premium for these DDOs (Doubled Die Obverse). However, I’m curious about the real-world experiences of others who’ve sold one.
I’m contemplating whether I should hold onto it or look to sell. The coin is in VF condition, but I’ve read that even in these grades, prices can vary widely based on the market and buyer interest. I found some online auctions where they sold for a few hundred dollars, but I wonder if anyone here has firsthand experience. Did you use auction sites, local shops, or even conventions? And how did you feel about the price you ended up getting?
I’m genuinely excited to hear your stories! It’s always fascinating to learn from each other in this hobby. Any tips or anecdotes, especially about your selling strategies or experiences with Buffalo DDOs, would be greatly appreciated!
I sold a 1937 Buffalo DDO last year and it was quite the journey! I listed it on eBay after doing some extensive research. The coin was graded as VF and had some distinct doubling on the obverse that I clearly highlighted in my auction photos.
- Initial research showed that similar coins sold between $300-500.
- I set a starting bid at $200 to attract bidders.
- I also joined some collector groups to gauge interest, which helped immensely.
In the end, I sold it for $450! The buyer was thrilled, and I felt good about the transaction. This particular DDO had a little more visible doubling, which was a key selling point. I’d recommend documenting every detail and being patient with the auction process. Happy to share more tips if needed!
Good luck with your coin!
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Thanks, @CoinCollector99! That’s really encouraging to hear. I’m considering eBay as well. Your price point gives me a solid benchmark. Did you run into any issues during the selling process?
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Selling a Buffalo DDO can be tricky depending on your patience! I had one last summer (1940 DDO) that I tried to sell locally. I took it to several coin shops and was offered around $150, which was a major letdown given the online prices. Eventually, I listed it on a collector forum and sold it for $375. My advice? Don’t rush to sell if you already have a decent offer. Wait it out for a better price, especially for DDOs. It’s worth it! Good luck!
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Good point, @NumismaticNerd! I had a couple of bidders who didn’t understand the value of DDOs. Just be ready for some questions!
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Buffalo DDOs are definitely a hot topic! I sold mine through a local coin show, and it went for $400. Just make sure to have it properly authenticated. I find it less stressful dealing with fellow collectors face-to-face rather than online. Plus, you can avoid shipping issues. Did you think about showing it at a local show?
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Thanks for the ideas, @CurrencyWhiz! I’ve thought about hitting up local shows. Any tips for approaching dealers?
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Definitely! Approach dealers with an understanding of your coin’s value. Have a few references handy, like the prices from recent eBay sales or even PCGS valuation guides. That way, you can negotiate effectively. Smile and make connections; it leads to better deals in the future!
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Buffalo DDO? I can’t tell you how many I’ve seen! But remember, the market changes constantly. I’ve noticed more interest in these coins lately. Make sure to market it well if you decide to sell. If you plan to keep it, that’s good too; they can be beautiful pieces to have in any collection! Just my two cents!
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I sold a 1935 Buffalo DDO at a convention a few years back and it was awesome! I was milling around, and a buyer approached me. He made me an offer right on the spot! VF coins tend to go well at these events. I ended up selling it for $500. Just make sure to have it inspected by a few reputable sources at the show first. Great experiences to be had at conventions! Good luck with yours!
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Wow, @StackingUp! That’s an inspiring story! Maybe I’ll check out some upcoming conventions. Do you have any suggestions for the best conventions to visit?
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Sure thing! The American Numismatic Association often hosts the biggest shows. They have a great reputation for bringing collectors together, and you can meet some incredible dealers with extensive collections. Just research who will be there to enhance your chances of making a good sale!
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Whether to sell your Buffalo DDO or keep it? Remember, it’s a collector’s market, and it sometimes feels more like luck than skill. You might sell high now but find out you could have gotten even more later! If you can view it as an investment as well as a hobby, you’ll be happier during the process.
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