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What Would You Have Paid For This Lot?

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Pillar of the Community
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 Posted 01/05/2016  8:31 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
Looks like you got a free Flying Eagle !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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United States
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 Posted 01/05/2016  8:37 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
1866 IHC - Cream of the crop for this lot. Looks like it has a fairly prominent scratch on the headdress.

1857 Flying Eagle cent - Higher grade but likely not problem free judging by the pictures.

1859 IHC - Heavily worn.

The rest are basically throw-ins, none worth much more than a few bucks each at best.

Personally I try to avoid lots like this since I've seen my local dealers make offers on this kind of stuff from walk-ins and they are not particularly strong because they already have tons of similar coins in their inventory and they sit for awhile without buyers.

I agree with T-BOP on his value assessment.
Edited by Joe2007
01/05/2016 8:41 pm
Pillar of the Community
United States
6370 Posts
 Posted 01/05/2016  8:47 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Zoomed in on the 1857 FE cent.

What-Would-You-Have-Paid-For-This-Lot?

What-Would-You-Have-Paid-For-This-Lot?
Pillar of the Community
United States
6370 Posts
 Posted 01/05/2016  8:52 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
Personally I try to avoid lots like this since I've seen my local dealers make offers on this kind of stuff from walk-ins and they are not particularly strong because they already have tons of similar coins in their inventory and they sit for awhile without buyers.


I'm not going to sell to other dealers. I'm going to sell them to other collectors on ebay, my coin club, and this forum.
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500 Posts
 Posted 01/05/2016  8:54 pm  Show Profile   Bookmark this reply Add Coinfusion to your friends list
$70 Congrats!
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 Posted 01/05/2016  8:55 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
I guess it doesn't look too bad up close. The first pictures made it appear unnaturally shiny. Hope it turns out well for you.


Quote:
I'm not going to sell to other dealers. I'm going to sell them to other collectors on ebay, my coin club, and this forum.


Sounds good. ebay seems to get good money out of these types of affordable collector coins.

Let us know how it turns out in the end.
Edited by Joe2007
01/05/2016 8:58 pm
Valued Member
United States
398 Posts
 Posted 01/05/2016  9:51 pm  Show Profile   Bookmark this reply Add LocalCoinGuy to your friends list
Maybe around $50 but then I have plenty to trade and sell as time / energy permits - I don't need any more stock - and other buy and give away to a grandkids would be about it - but then that's me .....

If bought at $70 or even $80 you would not get hurt ...... And if it was X years ago I'd of been a higher buyer!
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 Posted 01/06/2016  12:33 pm  Show Profile   Bookmark this reply Add jerseyben to your friends list
What am I missing here? I would have passed on this lot.
Valued Member
United States
398 Posts
 Posted 01/06/2016  5:50 pm  Show Profile   Bookmark this reply Add LocalCoinGuy to your friends list
No you should not of passed but I would of passed due to I have plenty of similar coins from over 45 years accumulating them .....

I've got "My Stock" to work with and adding only makes "My Warehouse" burst open at the seams as I have no room remaining in the warehouse or on my inventory sheets .....

But had it been 20 years ago, I would of been a buyer at $70-$80 range and you certainly did not do bad at $70 and you can trade and sell off the ones you don't want .....

You did just fine there, just fine!
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 Posted 01/16/2016  10:48 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
I have sold three of the coins for $45. The 1864 I accidentally let go for half of its value. It was a beautiful EF that I sold for $20. Not going to lose sleep over it though.

Just $25 to go.

Looks like I may get that FEC for free or less, and it is a full VF+ in hand.
Edited by TypeCoin971793
01/17/2016 2:00 pm
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 Posted 01/17/2016  3:56 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list
Looks like a good deal. congrats
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 Posted 01/23/2016  3:01 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
I listed the 1859 and the 1866 on ebay as $0.99 no reserve auctions. The 1866 sold for $9 (about $5-10 less than I was expecting) and the 1859 sold for the stupid low price of $2.75. I sold an 1861 that I paid $1 for for $9, so that makes ip for part of it.

Edited by TypeCoin971793
01/23/2016 10:58 pm
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 Posted 01/23/2016  3:02 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
In all, I paid $5 for the flying eagle. Those Indian cents should have still done better, though.
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 Posted 01/23/2016  10:00 pm  Show Profile   Bookmark this reply Add machine20 to your friends list
Sell them BIN. Someone will eventually pay up for them.
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 Posted 01/23/2016  11:03 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list
BIN + Free shipping is my friend.
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