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Need Advice 1996 Book Vs. 2007 Book

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Valued Member
United States
133 Posts
 Posted 05/02/2007  3:00 pm  Show Profile   Bookmark this reply Add ronaldb112 to your friends list
LeAnn:

My other thought is if they was graded 10+ years ago, different grading standards were in place at that time, maybe get a grading "buddy" to go with you.

Ron (ronaldb112)
Pillar of the Community
United States
7123 Posts
 Posted 05/02/2007  3:02 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
PCGS price guide is for the vast majority of the coins list way way high !!

to get a real world Idea of the coins value check heitage auctions ,teletrade ,and even ebay for completed auctions.

It sounds like the coins are raw ,, if they were graded by a TPG the auction house would have been able to read the label and tell you who graded the coins .

This means that the grades given cannot be taken to seriously without seeing the coins.

a prestige proof set contain a commemorative for the year also and is packaged in a different type of set holder .
the proof set contains just the normal coins for the year.

Metalman
Valued Member
United States
429 Posts
 Posted 05/02/2007  3:36 pm  Show Profile   Bookmark this reply Add LeAnn to your friends list
Metalman: Thank you for the help. I'll let you know how I do at the auction.

Ron: If I had a grading buddy, I wouldn't be asking questions here. I know of no one who collects coins, but the people I've met here. Thanks for your help and the link.

LeAnn
Valued Member
United States
133 Posts
 Posted 05/02/2007  4:09 pm  Show Profile   Bookmark this reply Add ronaldb112 to your friends list
LeAnn:

Bunker HIll, IL.............how close is that to a Chicago SW Suburbs of Elgin, Il, I have a good friend there who is grading expert & maybe can help you. If close to you, email me. I live in the NW Chicago Suburbs.

BTW: I own all the coins you have listed in MS grade, but the 1893-CC in VF grade. Have 91 of the 95 Morgans.

Ron (ronaldb112)
Valued Member
United States
429 Posts
 Posted 05/02/2007  4:48 pm  Show Profile   Bookmark this reply Add LeAnn to your friends list
Sorry Ron, closer to St. Louis than Elgin.
LeAnn
Valued Member
United States
133 Posts
 Posted 05/02/2007  4:57 pm  Show Profile   Bookmark this reply Add ronaldb112 to your friends list
"Sorry Ron, closer to St. Louis than Elgin.".......... well gave it the old college try. I have another buddy in Springfield Il, 45+ years of collecting, but he is in poor health right now.

Good Luck,
Ron (ronaldb112)
Forum Mom
Learn More...
United States
5877 Posts
 Posted 05/02/2007  5:01 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list
LeAnn, I would advise getting a current greysheet. I think it's only $4.00 or so and that would give you the dealer ask and bid prices. This would be a good way to see current prices. You can get it at:
http://www.greysheet.com/

It's downloadable, so you can have it immediately. Hope this helps.
Valued Member
United States
429 Posts
 Posted 05/02/2007  5:06 pm  Show Profile   Bookmark this reply Add LeAnn to your friends list
Thanks Susanlynn, helps alot. I'll try and post pics on Monday, that is if I buy any coins.
LeAnn
Valued Member
United States
159 Posts
 Posted 05/02/2007  6:45 pm  Show Profile   Bookmark this reply Add tmor to your friends list
The greysheet is an excellent tool for pricing. However grading a coin is at least as,if not more,important. Don't go by the sellers description alone. Even a third party slab can be a rip off. I recently purchased a 1921-S Buffalo nickel in a HCGS slad graded AU-50. It turned out to be a 1924-S in VG!!! I reccommend studying before you buy. Live auctions are not always the best place to buy coins either: very often there is a "buyers frenzy" that can cause prices to go way higher than they should. In short: trust no one except me, I never lie and I'm alway right, I thought I was wrong once, but I was merely mistaken.LOL!!!
Pillar of the Community
United States
7123 Posts
 Posted 05/03/2007  03:39 am  Show Profile   Bookmark this reply Add Metalman to your friends list
The dealer grey sheet is a great source for coin prices !

The auction price will fall some place between grey sheet and high retail.

a comparison of greysheet and completed auctions will give you some Idea of the spread .

I agree that being able to grade the coins in question will go along way toward not over paying !!

Metalman
Bedrock of the Community
United States
20753 Posts
 Posted 05/03/2007  10:43 pm  Show Profile   Bookmark this reply Add just carl to your friends list
I go to coin shows all the time. When I go there I make a list of coins I want, need or like. I make several columns and start a list of approximate prices in each column based on the Red Book, the PCGS web site, several other dealer web sites such as Millers Mint and others. Eventually by the time I go to a coin show I have a decent idea of how much a coin should be selling for. If it's to far above that, I pass.
ronaldb112: Do you go to the coin shows in this area? I too live in the Chicago area and go to the Countryside, Itasca and Lamont coin shows every month. Occationally the big ones at Rosemont also.
Valued Member
United States
429 Posts
 Posted 05/04/2007  11:14 am  Show Profile   Bookmark this reply Add LeAnn to your friends list
Just Carl:
Sorry, I have never been to a coin show. This is an auction I am going to. I once lived in Itasca but have never been to the show. I now live near St.Louis. Sometimes I miss the north. I have a list from the auction company and two columns of figures I have been working on for a low price and a high price. I'll let you know if I buy anything.
LeAnn
Bedrock of the Community
United States
12437 Posts
 Posted 05/04/2007  12:16 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
LeAnn,
You should come to the Central States Numismatic Convention May 10-12 at America's Center. 250-275 dealers will be present along with the 4 major TPGs- St. Louis largest show of the year
Edited by biokemist6
05/04/2007 12:17 pm
Bedrock of the Community
United States
20753 Posts
 Posted 05/04/2007  5:25 pm  Show Profile   Bookmark this reply Add just carl to your friends list
For sure let us all know how things come out. To bad your not in the Itasca area. Coin show there on the third Sunday of every Month at the Holiday Inn on Irving Park Road. Not big but great prices. Not sure why anyone would move to St Louis. Last time I was there my relatives used to give me things called tax tokens from Missouri about 50 years ago I think. They are probably still there.
New Member
Australia
4 Posts
 Posted 05/04/2007  6:45 pm  Show Profile   Bookmark this reply Add simoncuce to your friends list
Hi LeAnn

I run a web site that record and tracks auction results for US coins and allows for anaylsis of that data

http://coins.gpanalysis.com/

In regards to your coins, here is what our site has been sayng

1880S Morgan dollar Grade MS63 $30-$54
1885 Morgan dollar Grade MS62 Last sale $51
1886 Morgan dollar Grade MS65 $109-$196
1899O Morgan dollar Grade MS63 $35-$64

of course there are many factors that determine a price, but login (we are currently running a free trial at the momment) and see the past results.

Simon
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