Hey everyone! I recently came across an 1895-O that I couldn’t resist adding to my collection. It’s in pretty good shape, graded at VF35, and I’m excited but also a bit nervous about how to handle buying and selling coins like this. As we all know, the 1895-O is quite iconic, but with so many platforms available nowadays, I’m curious about how others choose to navigate this
Have you found more success with online auctions or local coin shops when dealing with such historically significant pieces? My past experiences have been mixed; while online platforms often have a wider reach, there’s something special about having an in-person interaction at a local shop. Plus, I’ve done my research on price trends - this coin can sell for anywhere from $200 to over $500 depending on condition and market demand.
I’d love to hear about your strategies! What methods have worked best for you in transactions involving the 1895-O? Do you have any tips for negotiating or avoiding pitfalls, especially when selling? Let’s share our experiences!
Great topic! Personally, I have found that local coin shops can provide more trust, especially for such significant coins like the 1895-O. You really get to assess the coin in-hand, and there’s often a relationship built with the dealer. However, I also recognize the benefits of online auctions. They tend to have wider exposure and competition can drive prices up. I’ve sold some of my coins on platforms like eBay and had great success, particularly with rare pieces. Just be sure to check recent sales to set your expectations right. One tip I’d give is to pay attention to auction end times; sometimes listing at odd hours can lower your chances of getting noticed. How do you plan to list your 1895-O? @CoinEnthusiast92
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Thanks for your insights, @CoinCollectorJoe! I’ve been leaning towards online auctions because I feel like the exposure could help me get a better price. It’s great to hear that it’s worked for you! I’ll keep in mind the auction timing too.
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My experience with the 1895-O has been a mixed bag as well. I sold one about a year ago through a local coin shop and was surprised by how much they undervalued it initially. I ended up selling it myself later for much more on Collectors.com. Just a heads up, always do your own research on recent sales even if it means a bit of legwork! It can really make a difference. Have you considered reaching out to multiple shops for offers? It could give you a better baseline. What condition is yours in? @CoinEnthusiast92
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It’s graded at VF35, which I think is decent. Though I’ve seen better, I still feel it’s quite a solid piece. I hadn’t thought of reaching out to multiple shops! That’s a great idea.
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Negotiating is key! I’ve sold several 1895-Os over the last few years and have learned that knowing your coin’s true market value is crucial. You can use tools like the PCGS price guide to check what’s reasonable (PCGS). Be prepared to walk away from a deal if the price isn’t right. Not all shops know the real value, but having that knowledge can give you leverage. Have you thought about any potential negotiating strategies? @CoinEnthusiast92
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That’s great advice, @NumisNerd84! I’ll definitely check the PCGS guide. I think knowing the market value will really help me set a fair price. What has been your highest selling price for the 1895-O?
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My highest sale was around $950 for an incredible EF40 example. It was stunning! However, the average prices usually range between $300-$600 for pieces in good condition like your VF35. Patience is key when listing online – I waited a few weeks for the right buyer to come along. Have you considered taking good photos to make your listing stand out? @CoinEnthusiast92
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I personally have had good luck with Facebook Marketplace for selling coins. It has a local pickup option which is safe for both parties and you avoid shipping risks. Just be cautious about who you meet, though! Always meet in public places. Anyone else tried using social media platforms like Facebook for selling? @CoinEnthusiast92
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I hadn’t considered that! Great suggestion @HistoricCoins101. I usually think of Facebook for browsing, not selling. Do you have any tips on how to create trust with potential buyers?
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Why did the coin collector break up with his girlfriend? Because she took him for granted! Haha! But back to the serious stuff—if you’re going for online sales, consider listing in a mix of eBay and local sites. It gives you broad coverage. Good luck! @CoinEnthusiast92
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