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Replies: 25 / Views: 4,760 |
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Valued Member
 United States
63 Posts |
Ok here's an update on my first coin auction. I really don't want to share my disappointment at the outset if I paid too much. So, if I may, I will tell what's in the lot and If I can get some feedback such as how much you would have paid for it, I really would appreciate it.
This lot has: Three 2008 S Proof Sets Two 2007 S Proof Sets All have their original hard case plastic, but they do not come with boxes.
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Pillar of the Community
Canada
6244 Posts |
I will look also for 1957, 1958 and 1971 proof set.
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Pillar of the Community
United States
1658 Posts |
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Pillar of the Community
Canada
6244 Posts |
2007 has many kind of sets, like others after. Me I have separate because are first day certify by NGC in MS 67. and also proof all three sets in one package. Look at the package.
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Valued Member
United States
392 Posts |
I like the 1968 proof and mint sets. Lots of possible error coins including the "no S" dime in the proof set. Be aware that most of these sets may already have been cherrypicked. Also note that older sets (especially from a non- usmint) may have PVC haze on the coins.
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Valued Member
 United States
63 Posts |
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Valued Member
 United States
63 Posts |
I also bought a lot that contains two 2008 proof quarters and one 2007 proof quarters. I think I may be ok with the purchase.  or I can't wait to get some feedback. 
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Pillar of the Community
Canada
6244 Posts |
In the business and collecting is only one thinking: Accept the lost, the profit and do not regret your investing. Like this you are successful. Every step teach you something.
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Valued Member
 United States
63 Posts |
Quote: In the business and collecting is only one thinking: Accept the lost, the profit and do not regret your investing. Like this you are successful. Every step teach you something. This could have not been said better. That was my goal to jump in and sink or swim. I would however, like to know if I'm sinking or swimming. So here are my purchases and I will try to explain them better. Lot 1 3 2008 Proof each with only 5 coins 1c, 5c,10c 50c, and $1 2 2007 Proof each with only 5 coins 1c, 5c,10c 50c, and $1 Lot 2 3 2007 Presidential $ Proof with only 4 coins 2 2008 Presidential $ Proof with only 4 coins Lot 3 3 2008 Proof each with only 5 coins 1c, 5c,10c 50c, and $1 1 2007 Proof with 5 quarters. 2 2008 Proof each with 5 quarters. Summarized 2 2008 proof sets 14 coins. 1 2007 Proof set 14 coins. 4 2008 Proof each with only 5 coins 1c, 5c,10c 50c, and $1 1 2007 Proof each with only 5 coins 1c, 5c,10c 50c, and $1 2 2007 Presidential $ Proof with only 4 coins Please throw out a few numbers of what you would have paid for all three lots. I can only sink or swim, but I would like to know which one. Thanks
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Pillar of the Community
Canada
6244 Posts |
OK, I give you my example. This is personal and do not mean is general or a norm.
I do not look at e-bay prices. I balance between blue book 5 years old and some normal auction houses sell now. Then also I look of the individual price for certified coins and varieties. The complete set is chipper then individual certified. Remember that, majority here do not buy the slab, just the coin. For me to certify is blow up the money for nothing except for selling on big auctions houses and this is for valuable coins or banknotes. Example I will not sped time and money certify a 100$ for a Morgan casually years in proof-like.
In the last auction wholesale your sets was at average 20$. You can have some premium coins like presidential with plain edge which give premium.
So you decide yourself. The market is not so bad now, but who know? In god we trust! God know what will be.
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Pillar of the Community
United States
1667 Posts |
For any of this, and the idiotic way they are offering them, I would only be a buyer up to face value of the "sets" that were pieced up. If they sell for more to someone else so be it.
Lot 1 $8.30 Lot 2 $8.00 Lot 3 $8.73
Grand total for all of it, $25.03. And not a cent more. let someone else take it beyond that. lenses are probably all scratched, COAs missing, Boxes damaged or missing, lenses pried apart and reclosed...., no, just no. Incomplete sets, get incomplete prices in my book.
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Valued Member
 United States
63 Posts |
Quote: For any of this, and the idiotic way they are offering them, I would only be a buyer up to face value of the "sets" that were pieced up. If they sell for more to someone else so be it.
Lot 1 $8.30 Lot 2 $8.00 Lot 3 $8.73
Grand total for all of it, $25.03. Well at this price I am sinking fast. No worries though, I learned a lesson. Hopefully, I can recoup on ebay and try again. Thank you for all the responses. I have learned some new things today. 
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Bedrock of the Community
United States
17884 Posts |
I'd pay at a higher rate than Big-Kingdom. I typically figure for partial sets unless there is something special present a rate of $1 to $1.25 per coin. So my top for the lots would have been Lot 1 $30 Lot 2 $25 Lot 3 $21
And I would assume those amounts are probably fairly close to the retail value of the partial sets. The five coin quarter and 4 coin dollar sets might do a little better because the mint DID sell the five and four coin sets separately, but without the boxes they would not bring "full set" prices and would be treated as partial sets.
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Valued Member
 United States
63 Posts |
Quote: I'd pay at a higher rate than Big-Kingdom. I typically figure for partial sets unless there is something special present a rate of $1 to $1.25 per coin. So my top for the lots would have been Lot 1 $30 Lot 2 $25 Lot 3 $21 How about that. I'm not sinking as fast as I thought. I can breathe better now that I know there are opinions out there closer to what I thought. Thanks, for your feedback Conder101. 
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Pillar of the Community
United States
600 Posts |
Lot 2 face value is $20, so I think Big-Kingdom read that as 2 sets and not 5 sets. I'd probably be at $15, $25, and $12 for the three sets...but honestly probably wouldn't bid unless I actually needed specific coins. Not sure what I would do with 6 proof 2008 cents. It really depends on how much you want them. If you go into the auction not caring if you win, but only want a great deal, bidding near face value makes sense. If you really want to win, you obviously need to bid higher.
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Replies: 25 / Views: 4,760 |
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