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I Bought These For $110 At Random Coin Shop. Good Or Bad Deal?

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Valued Member
United States
173 Posts
 Posted 01/09/2017  1:06 pm  Show Profile   Bookmark this reply Add Ross Son to your friends list
Thank you all for the replies.

What made me buy these besides the fact that it has high grade is

1) The 2009 S pennies are the only commemorative set for Lincoln cents and the only set (after the copper to zinc transition) made of bronze (same as pre-1982) which was composed of 95%copper, 3% zinc and 2% tin.

2) The State Quarters, Half Dollar and the dime is silver so it should be worth more than face value at some point in the future.
3) They are slabbed, which makes it easier to sell online if it comes to that.
Bedrock of the Community
United States
94367 Posts
 Posted 01/09/2017  4:45 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Good reasoning, and as pointed out, the important thing is that you like them.
Bedrock of the Community
United States
17884 Posts
 Posted 01/10/2017  11:55 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
(same as pre-1982) which was composed of 95%copper, 3% zinc and 2% tin.

The exact composition of the bronze was never "set in stone" other than 95% copper and 5% zinc and tin. The actual amount of the two metals varied depending on the time and circumstances and the tin ranged from as high as 2.5% to as low as about .000001% in 1942.
Pillar of the Community
United States
1795 Posts
 Posted 01/10/2017  2:23 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list
Yes you did good.
Valued Member
United States
280 Posts
 Posted 01/10/2017  2:49 pm  Show Profile   Bookmark this reply Add ARcoins to your friends list
I suspect that if the person grading is constipated that day, your coin grades lower. It is too subjective.
Valued Member
United States
173 Posts
 Posted 01/10/2017  2:50 pm  Show Profile   Bookmark this reply Add Ross Son to your friends list
@Conder101. Good to know that. Thank you! Everyday I learn something new here.

But to call it Bronze is still correct right? Meaning that the composition is always 95% copper and the remaining 5% other metals.

Which leads to my next question. We all have seen different penny colors from different dates and I have come across soo many 60's, 70's and 80's cents (up to 82 copper only for the sake of this question) that still has the shiny reddish or red-yellowish/slightly greenish toning. Does the variance of the other metals (whatever composition of zinc and tin within the 5%) have anything to do with it?

I hope I was clear enough.
Bedrock of the Community
United States
17884 Posts
 Posted 01/11/2017  1:50 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
If it is a copper alloy that contains tin it is Bronze. If it has copper and zinc but no tin it is a brass. (if it has other metals in the alloy they may be mentioned such as aluminum bronze, nickel brass, etc.) The outer layers of the "golden dollars" is Manganese brass because it has more manganese in it than nickel. 77% copper, 12% zinc, 7% manganese, and 4% nickel.

In 1963 tin was completely eliminated from the alloy of the cent so from 1963 to 1982 they are actually brass cents and not bronze.
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Canada
5255 Posts
 Posted 01/11/2017  2:03 pm  Show Profile   Bookmark this reply Add oriole to your friends list
@Ross Son, if you had purchased the unslabbed proof set it would trends for about the same. The cost of slabbing all those items would be over $200. So in that respect you did well. Would someone else buy it for more than $110? I have no idea.
Pillar of the Community
United States
1963 Posts
 Posted 01/11/2017  2:16 pm  Show Profile   Bookmark this reply Add coin197 to your friends list
I think you did just fine. As long as it is what you collect, because since I don't collect modern stuff, I wouldn't buy things like that.
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United States
2815 Posts
 Posted 01/12/2017  10:36 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list

Quote:
I would never pay a premium for a 70 over a 69. I could never justify paying for something that I cannot see.


I don't mind paying a small premium for a 70, but that margin has become smaller over the past 5 years- much smaller.
Edited by Darth Morgan
01/12/2017 11:52 am
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United States
5029 Posts
 Posted 01/12/2017  12:04 pm  Show Profile   Bookmark this reply Add scopru to your friends list
You got a good deal. As others have pointed out the slabbing alone makes it a good deal. More importantly, if you like the coins and the price you paid then the rest is of no matter.

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189767 Posts
 Posted 01/12/2017  3:51 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I don't mind paying a small premium for a 70, but that margin has become much smaller over the past 5 years- much smaller.
Understood.
New Member
United States
22 Posts
 Posted 01/13/2017  1:53 pm  Show Profile   Bookmark this reply Add vergasond to your friends list
To me it looks like a great deal, they all are graded which is a plus and if you like them as others seem to that's what counts.
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United States
4211 Posts
 Posted 01/13/2017  5:45 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list
vergasond

........and I thing you got a nice deal!
Bedrock of the Community
Australia
21788 Posts
 Posted 01/13/2017  6:11 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
It would be worth being satisfied with the reputation of the TPG'er.

I don't know of this particular TPG'er, but my lack of knowledge doesn't mean much. Perhaps someone else in the CCF can offer a much better opinion than mine.

As I see it, the $110 deal certainly looks quite OK.
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