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Replies: 32 / Views: 7,545 |
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Pillar of the Community
United States
1757 Posts |
Never had any real luck in antique shops. Generally these people think what they have is worth more than what the real value are of their pieces. Did find an old Washingtom cast plaque once by someone famous that brought $1200 in a Stacks C.G. Sale. Few and far between with this group. John Lorenzo. Numismatist.
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Valued Member
United States
214 Posts |
I had a fantastic buy at an antique/estate shop in vermont. I got a 1887 morgan, a 1943 walker, two Mercury dimes, two rossie dimes, and a dateless 1 dollar gold coin for 90 bucks    . The owner said he didnt know anything about them and just shot out a price. Its what got me back into collecting!
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Pillar of the Community
527 Posts |
Quote:I had a fantastic buy at an antique/estate shop in vermont. I got a 1887 morgan, a 1943 walker, two Mercury dimes, two rossie dimes, and a dateless 1 dollar gold coin for 90 bucks. The owner said he didnt know anything about them and just shot out a price. Its what got me back into collecting! Do you remember what the price of silver was at the time, and if the coin was real gold? Whenever somebody says a gold coin, I think of those Presidential dollars.
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Pillar of the Community
Mexico
1304 Posts |
That or one of the California gold "tokens" (plated junk)
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Valued Member
United States
113 Posts |
Experience with antique shops is mixed. Most antique store operators think that because a coin is 50 or 60 years old it is VERY VERY RARE. And worth at least $100 if it is nearly 100 years old. I did find a New Zealand silver shilling for a couple bucks a few weeks ago.
I've also had some great deals at gun shows. Sometimes people have some silver coins and sell them for below melt value. But you can also run into the aforementioned situation here too. It boils down to which side of ignorance they swing.
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Valued Member
United States
71 Posts |
Thanks for the clarification, vermontenium and okie! I knew that there is some fluctuation of values due to commodity price fluctuation. I usually use the Red Book as a basis of info and not a solid price. how oftem is the greysheet released? I have checked into it and it seems that it could easily get expensive to get all the resources they offer!
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Valued Member
United States
113 Posts |
isn't the greysheet released biweekly?
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Moderator
 United States
16679 Posts |
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Moderator
 United States
14463 Posts |
Thanks, I will bookmark that 
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Valued Member
United States
297 Posts |
I think almost everything at an antique store or pawn shop is going to be overpriced unless you pick up a variety or error that they do not know about.
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Pillar of the Community
527 Posts |
I went to an antique store today to see if they had any silver coins. The lady who was there showed me what they had, some of which included a 1967 Kennedy at $10, 3 Mercury dimes (one of which was a 1920 priced at $3, while the other 2 were common dates priced at $5), 1943 steel penny at $2.50, 1939P nickel at $2, 2 War Nickels priced around $4 each, about 8 wheat cents from the 1950's for $2, 1928 buffalo (without a price), and a small assortment of worthless clad money (halves, a 1988 dime, a 2000 Sacagawea, etc.). I asked the woman if she could give me a good deal on some coins, and she said that the coins belong to another dealer, who is 85-years-old. I asked her if she could find out when the other woman will be in, so she called her, and said that I was interested in some coins. She told me that she will be in tomorrow between 11-1 p.m. I'm going to guess that all of the coins have been sitting there for quite a while, so maybe I'll be able to haggle and get her to sell at spot price, but I'll find out tomorrow and have an update.
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Pillar of the Community
527 Posts |
So I went back today and ended up buying 3 Mercury dimes and a 1939P nickel for $10 total, which is an average of $2.50 per coin. Yeah it's a little over spot value, but that's okay. One of the dimes is a 1920 and it's pretty faded, but that's okay with me. She also said she has a large jar of wheat pennies and some silver quarters. I believe she said she has not looked through them in years; she asked for my name and number so that once she looks through them, she will give me a call. She's a nice lady (85-years-old), but I think she may be lacking a bit in knowledge when it comes to coins.
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Pillar of the Community
New Zealand
526 Posts |
I've never had any luck with antique dealers so far. they always seem to be well over priced. But, I'll keep looking. I did pick up a Blue Admiral passport stamp for a couple of dollars that I sold to a dealer for $400. He told me later he sold it to a client for $650 
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Pillar of the Community
United States
1911 Posts |
I have had limited experience with antique dealers, but got a few silver dimes for $3 each a couple years back (not really a deal, not really overpriced too much). Now I am searching around some of the local antique shops and they don't seem to have many (or any in the case of right now) coins but they both know I am interested so we will see what happens.
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Pillar of the Community
 United States
5828 Posts |
I went to a pawn shop the other day and picked up a 1979 P Susie for $2 in a nice condition. When I went home and looked at it closer, I found out that it was a wide rim (near date), worth about $40! The pawn shop had some good prices, like some 1910/11 liberty head nickles for about $5... However, the owner knows alot about coin collecting, and she prices them very accurately.
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Replies: 32 / Views: 7,545 |