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 Replies: 19 / Views: 2,656 |
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Pillar of the Community
United States
1536 Posts |
I noticed that too, things not worth much or worth melt. Nothing I saw that struck me to worth more than melt or a buck or two. I wouldn't offer on everything. I would separate coin types and make offer on those.
Edited by buddy16cat
04/30/2013 05:02 am
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Valued Member
United States
176 Posts |
the real value of the collection seems to be limited to the Barber dimes and the halves. otherwise not much special in there |
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Pillar of the Community
United States
624 Posts |
Collections like this hurt my head... When you have that much diversity in a collection, it borders on hoarding. It would be interesting to know how this collection was obtained. Was the original owner buying and selling, or just accumulating coins that happend to cross his path? How long a period was the collection assembled?
I agree with others that $200-$300 is a good offer. It will take some time to sell-off these coins and some of them will just go to the jewelery shop for scrap. All thinks considered... you have a nice dilema on your hands.
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Bedrock of the Community
United States
20753 Posts |
That is rather an odd ball collection. Almost looks like a pile of coins from home or coin shop roberies. Note some have descriptions, some have prices, some just a pile of coins. Rather not what you would find from a real coin collector, dealer or anyone serious about coins. Due to this I too would only offer a few hundred dollars, nothing like the $650 he wants. If not for $200 to $400 area, I'd just pass. I too saw nothing in that pile of any real value. It is really an odd pile of STUFF.
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Bedrock of the Community
Canada
11922 Posts |
There does seem to be alot of invaluable coins, but I would say nothing over $400. Mostly because of the cleaned ones. If he will only take $650, try to compromise.
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Pillar of the Community
United States
1116 Posts |
I would offer $150 - $180 tops. Sure there are a lot silver coins there, but there is also a lot of miscelleous coins. The paper currency from other countries range from either an unknown to cents.
The pictures do look much to busy and ill organized to really determine what is there and what a truly fair price would be. If I was sucessful and got the coins it would be a task to determine if additional money should be due the seller. I a lcs would purchase such a lot from you, they wouldn't come back and say "Hey I need to pay you more!". That wouldn't happen so why would you do it for someone you really don't have a real interaction with.
Buy it for the agreed upon price and move on. That's what I'd do.
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Pillar of the Community
United States
8518 Posts |
Pics just aren't good enough for anyone here to make a judgement. You would have to go through it coin by coin and make that call yourself. Tally all the silver coins for sure.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Valued Member
Ireland
131 Posts |
If you initially offered $500 and his immediate response was $650 I don't see much scope for reaching a compromise any lower than your initial bid. Tbh I'd just pass on the deal and wish them well with selling them.
Norm
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Valued Member
United States
258 Posts |
Seems if you make a low bid you can always go higher.If he said $650.00 looks like he saved your butt.Now run
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Pillar of the Community
United States
3283 Posts |
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Rest in Peace
United States
10625 Posts |
The thing that jumps out at me immediately is the condition of many of the 2x2's. There are serious signs of improper storage especially with rusted staples. I wouldn't get too serious over this batch of coins. $650.00 seems really over the top.
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Pillar of the Community
United States
3843 Posts |
Looks like one of those ebay junk lots that are thrown together by sellers that buy estates and then cherrypick everything of value and then are left with lots of low end stuff like this. RUN don't walk away from a 'deal' like this unless you really want it and can get it for $200 or less. $650 is crazy and with those type of expectations this seller isn't likely worth the time to negotiate with. By the way  to the forum! |
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Pillar of the Community
United States
3755 Posts |
Not really sure how anyone could even start to evaluate if anything there is cleaned or not with those pics.
That aside, as said, 200 is about the max I would go on that bunch. Unless I am missing something, there is nothing there out of the ordinary.
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Pillar of the Community
United States
1109 Posts |
When I was buying bulk lots of coins from other people, I always offered 70% of melt value for silver, and anything non-silver (cents, nickels, foreign, etc.) would get a bulk price. I may pay $20 for a medium-sized bag of mixed Lincoln wheats and Buffalo nickels and pay 70% of melt for the silver dollars and Barber dimes, for example. I also had a provision that if a coin was worth more than a certain amount (such as a Morgan dollar being worth $60.00 in its condition) then I would pay them extra for that particular coin. If they don't want to do it, I move on to the next person. No harm, no foul. |
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Pillar of the Community
United States
1590 Posts |
I'm a dealer. My bid would be $150, and not more than $175. I would be lucky to make $50 profit on this lot after the fees and whatnot.
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Replies: 19 / Views: 2,656 |
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Posted 04/30/2013 07:43 am
