UK Dealer's Buying Prices For Classic US Coins In 1967

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Author	Replies: 10 / Views: 2,307
NumisRob Bedrock of the Community United Kingdom 18872 Posts	Posted 01/12/2017 06:45 am From "Coin Monthly" magazine, May 1967 - these were the prices a British dealer was offering for certain classic US coins! My Trade List: https://goccf.com/t/194596 My Wants List: https://goccf.com/t/191710 Report this Post to the Staff

thecoinguy1964 Pillar of the Community United States 1361 Posts	Posted 01/12/2017 07:24 am Too bad the prices aren't in US dollars, this is all foreign to me. Report this Post to the Staff
NumisRob Bedrock of the Community United Kingdom 18872 Posts	Posted 01/12/2017 07:59 am At the time, one pound sterling was worth $2.80. So, for instance, the dealer would have paid $56 for a Fine 1796 dollar! My Trade List: https://goccf.com/t/194596 My Wants List: https://goccf.com/t/191710 Edited by NumisRob 01/12/2017 08:01 am Report this Post to the Staff
Andrew99 CCF Advertiser United States 1533 Posts	Posted 01/12/2017 08:37 am I think "Fine" back then was better than it is today. Still, I'd like to buy a 1794 dollar for $1,500 in any condition. Report this Post to the Staff
scopru Pillar of the Community United States 5029 Posts	Posted 01/12/2017 08:49 am on the 1794 dollar. Great post Rob. Report this Post to the Staff
Numisma Pillar of the Community United States 4963 Posts	Posted 01/12/2017 3:23 pm It's interesting to see how much prices change in just half a century. If only I was born 50 years earlier... Report this Post to the Staff
CollegeBarbers Pillar of the Community United States 2854 Posts	Posted 01/12/2017 4:09 pm , this is very interesting, especially just to see what coins/dates they value more. I don't know much about early coppers, but I feel like today someone would be willing to pay much more for a 1793 Chain or even Wreath Cent in Fine than a 1804 Cent. Thanks for sharing NumisRob! ANA and IBNS member YouTube channel 7070 type set Walking Liberty set Want list Trade list Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/12/2017 4:47 pm Indeed, thanks very much. Report this Post to the Staff
paralyse Bedrock of the Community United States 12057 Posts	Posted 01/12/2017 8:11 pm Note that the cents of 1798, 1799, and 1800-1803 are not listed, nor 1807. This is expected with 1798 and 1800-1803 being common dates, but 1799 is a key scarcity and its absence from the list is puzzling. If we assume they are referring to one of the more common varieties of 1793 Wreath cent (S-8 or S-9) a nice, problem-free Fine example today will set you back $4k-$6k in a PCGS or NGC holder these days and is relatively available. By comparison the 1802 H10C offered to buy at £1000 in Fine (I'll assume base Fine and not gF, nVF, etc.) would now cost you in US $80-$100k+ if you could actually find someone willing to sell one of the few remaining examples; at the current exchange rate, that would be £65k+... Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Report this Post to the Staff
1909svdb Valued Member United States 80 Posts	Posted 01/12/2017 9:45 pm Very cool! I inherited a copy of the 1969 bluebook from my uncle. I love flipping through the pages and looking at the prices. Here are some highlights... 1793 Chain Cent America Fr-$75, F-$375 1856 Flying Eagle cent G-$375 1877 Indian Head cent G-$45 1909S V.D.B. Cent G-$70 1802 Half Dime Fr-$350 1916D Mercury dime G-$55 1916 Standing Liberty Qt G-$125 1794 Flowing Hair Dollar Fr-$425 1804 Draped Bust Dollar Pf-$20,000 Pretty interesting to see how the coin market has evolved over the last half decade! If there is any particular date you want me to look up let me know Report this Post to the Staff
billjones Pillar of the Community United States 1499 Posts	Posted 01/13/2017 1:57 pm Quote: It's interesting to see how much prices change in just half a century. If only I was born 50 years earlier... Unless you went back to that time with sizable bank account or investment portfolio that could be turned in to cash, you might be left chasing your tail. Incomes were a lot lower back then. My parents that that $10,000 a year was good income. Guys who were making $100 a week were getting "a living wage." Yes, the prices for some coins have gone up faster than inflation, but a lot of them haven't. Report this Post to the Staff
	Replies: 10 / Views: 2,307

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