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Anyone Having A Easier Time Getting Deals On Coins?

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Valued Member

United States
397 Posts
 Posted 07/02/2011  05:15 am Show Profile   Bookmark this topic Add schockergd to your friends list Get a Link to this Message Number of Subscribers
I can't say that I've been a collector that long, but over the past 6 months it seems to be getting easier and easier to find quality coins at a discount as compared to 2-4 months ago.

Last week I bought a bag of Kennedy halves at enough of a discount that I was able to sell part and keep nearly 50 halves for free.

Today I'll be picking up a few 1886-O morgans in BU condition for $90 each.
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murrellington's Avatar
United States
3276 Posts
 Posted 07/02/2011  07:10 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
make sure those morgans are not fake. for $90 a bu coin i'd say they are fake or the seller is oblivious. if by BU you mean at least ms60. are you getting them from a coin shop?
Bedrock of the Community
United States
20753 Posts
 Posted 07/02/2011  2:06 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Kind of difficult to say. I go to about 2 to 4 coin shows a Month, lots of flea markets, garage/yard/estate sales and look for mostly coins. Prices fluctuate so massively at times, it makes it tuff trying to come up with a decent pricing on coins. From almot face value at a flea market to overpriced coins at some coin shops.
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Earle42's Avatar
United States
10038 Posts
 Posted 07/02/2011  2:42 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I think the job market and economy taking a major dive has been bringing collectibles of all sorts out into the open.
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Costly TPG ineptitude and No FG Kennedy halves
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/02/2011  3:27 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Today I'll be picking up a few 1886-O morgans in BU condition for $90 each.


The price of admission to the most banged-up 1886-O Morgan in Mint State is about $500. I would be very, very cautious if I were you.
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AlmostCollectible's Avatar
United States
384 Posts
 Posted 07/03/2011  02:07 am  Show Profile   Bookmark this reply Add AlmostCollectible to your friends list Get a Link to this Reply

Quote:
I can't say that I've been a collector that long, but over the past 6 months it seems to be getting easier and easier to find quality coins at a discount as compared to 2-4 months ago.


If did really start recently, then it could be the learning curve.
New Member
United States
31 Posts
 Posted 07/04/2011  01:14 am  Show Profile   Bookmark this reply Add burtonrider726 to your friends list Get a Link to this Reply
I've having a hard time finding deals. I went to an antique mall today and it was way overpriced. Still have to go to a few in downtown pdx to see.
Valued Member
United States
397 Posts
 Posted 07/04/2011  09:06 am  Show Profile   Bookmark this reply Add schockergd to your friends list Get a Link to this Reply
Morgans didn't work out as I had hoped , did well overall though for the day as a whole. The guy knew a good deal about coins in general, however via email he thought that one morgan was MS , and the other AU (Both 1886-o). I got there and one was at best AU50 with a little luster, the other was XF40 at best, and he wanted $100/ea. I couldn't justify buying it considering when I normally buy coins at that price I get a better discount.
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