1865 3 cent Nickel 180 degree rotation

I have an 1865 3 cent nickel piece with a repunched date and 180 degree rotation, (bow is at top when flip). Can anyone give me a value of this coin. I would say it's graded at XF.

 

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We need photos to tell for sure.

 

Here are thepictures. I hope this will work. Let me know

Thanks

 

wow, you have a 3 cent nickel!
lucky.

 

Those pictures are far too small to tell anything.

 

I tryied making them bigger. Let me know if this works.

Thanks

 

Which way did you flip it? top to bottom or side to side?

 

It was top to bottom

 

Oops.

 

If I hold the coin face side up then flip it backward the bow is on the top. (Samething if you take a lincoln Memorial cent, hold it heads up then flip it backwards the Memorial Building will be right side up)

 

Sorry. I deleted my post but forgot to delete the quote. The oops was not directed at you. Post now edited properly.

 

One in similar condition sold September 27 on ebay for $180.

 

Nice looking 3CN, and a rotated die. Nice find.

 

www.rotateddies.com lists your coin as an R4, with 81 to 200 examples believed to exist with significant rotations (between 90 and 180 degrees). Hard to believe with these #s but this is one of the more common dates/coin type for 180 degree die rotations.

 

Thanks for the input and the link. It has been helpful. Can you or anyone here give me an approximate value. Is it only worht $180 like longgunlawyer said they seen one on ebay for?

 

There are so few collectors of this particular error so it doesn't add much of a premium. I would say that it adds about $25 to the value of the coin if it did not have this error. People are always asking astronimical values for these coins, but they never sell.

 

Are yau saying that there is only about 81-200 of these coin known to exist? If so wouldn't that bring up the premium for the coin? Do you suggest that I send it for grading?

 

It is about supply and demand. Even though there are 81 to 200 of them out there, there are still less than 20 people who actively collect them. So, no, there isn't a huge premium associated with the error. People who don't collect these errors typically want a problem-free nice 'normal' example of a given year and stay away from coins with mint-made defects. I say 'error' because i like them, but some say 'defect' because something is indeed technically wrong with it. I say all this being a huge rotated error fan. I have over 30 coins with significant die rotations (and know the market well). Many I've picked up below the value of the coin without the error.

 

robbudo is correct to a point, but before I say a little something, I saw over the weekend a coin dealer advertising one (a couple of years newer I think) for $200.00.

If the supply is 81-200, then price will be set on what the demand is. At this time, a coin like yours not graded by a TPG would retail for approximately $15-$25. For a coin like yours to bring $180 on ebay (8-12 times retail for normal coin) would suggest a general market for this variety at 300-800.

Because yours is an approximate 30-45 grade coin, I would guess 100-200 of the possible 300-800 people comprising the primary market for the subject coin would be interested in yours (possibly more if someone who would rather buy a higher grade coin wanted a hole filler).

The big issue is communicating with those who would pay you what it is worth. If you do not connect with those people, then your coin will not command a premium.

For example, coins of all types were hoarded and hard to come by in the eastern parts of the US in the mid 1800's, however, out in California where gold was plentiful, gold coins abounded. If news traveled faster, I am sure there would have been those who would have traveled out west, loaded up on gold and silver coins, and taken them back east for a profit.

The key is having something and connecting with the person who wants it most (or at least wants it a lot).

 

Thanks lonefunlawyer,

I am new to this but I understand about only 100-300 people out of a possible 800 people are interested in this coin. So supply & demand when the demands are high then the price goes up. Could you explame the 30-45 grade part. Just trying to understand the lingo and terms.