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Did I Pay Too Much For These Barber Sets From Bank?

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gussyboy1's Avatar
United States
174 Posts
 Posted 02/23/2008  11:42 pm Show Profile   Bookmark this topic Add gussyboy1 to your friends list Get a Link to this Message Number of Subscribers
Did-I-Pay-Too-Much-For-These-Barber-Sets-From-Bank?
Did-I-Pay-Too-Much-For-These-Barber-Sets-From-Bank?
I paid $25 each for a couple of these barber sets they were selling at the bank--in very circulated condition--none of the word "LIBERTY" can be seen on the coins but the dates/denominations etc are clear. This has a 1905 half dollar, 1897 quarter, 1907 dime, 1904 nickel, and a 1902 IHC. Do you think I paid too much for these?
Thanks for your opinion!
Gussyboy1
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gussyboy1's Avatar
United States
174 Posts
 Posted 02/23/2008  11:51 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Darn ,I gave you the dates from the other set. This one shown is 1899 half dollar, 1912 quarter, 1908 dime,1907 nickel, and 1899 IHC.
Sorry
Gussyboy1
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GO's Avatar
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 Posted 02/23/2008  11:51 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Yep
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gussyboy1's Avatar
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 Posted 02/23/2008  11:55 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Hey, Graceoutcast. "YEP" I paid too much or "YEP" I put the wrong dates--OR "YEP" to both
Gussyboy1
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GO's Avatar
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 Posted 02/23/2008  11:58 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Yep
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kceb10's Avatar
United States
392 Posts
 Posted 02/23/2008  11:59 pm  Show Profile   Bookmark this reply Add kceb10 to your friends list Get a Link to this Reply
I'd have to say yep to both
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gussyboy1's Avatar
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 Posted 02/24/2008  12:11 am  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Another lesson learned by this NEWBIE!
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InfiniteInterest's Avatar
United States
673 Posts
 Posted 02/24/2008  12:12 am  Show Profile   Bookmark this reply Add InfiniteInterest to your friends list Get a Link to this Reply
GreySheet bid for those coins is about 20 dollars - in G-4, I am not sure these would all qualify for that grade. The 1905 barber half is a little better date though, GreySheet bid is (was in early Jan.) 16.00 in G-4. I guess not too bad, but I would not expect much more than melt for the silver. ( In a year this might be a great buy ! )

Personally, as a rule, I avoid these types of sets. Alot of these sets contain cleaned or very low grade coins, nothing wrong with maybe cherry picking from these types of things , but I can't imagine your local bank having any accidental rarities from a local (or national) dealer. I love the Barber coins, and it is always evident that they circulated alot !
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copperflopper's Avatar
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 Posted 02/24/2008  8:54 pm  Show Profile   Bookmark this reply Add copperflopper to your friends list Get a Link to this Reply
Probably about $12 max
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j_h_s's Avatar
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1934 Posts
 Posted 02/25/2008  07:24 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
Gus, asked, "do you like red or blue"
Grace replied, "yep"

Girls, huh?
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TheForce's Avatar
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4867 Posts
 Posted 02/25/2008  08:27 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I never knew banks sold coins.
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Susanlynn9's Avatar
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 Posted 02/25/2008  08:58 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Given the condition of the quarter and half, I would have to say that you did overpay somewhat. Barber coins are easy to find in FR-VG grades. Once the condition drops below G4, they are only worth their silver content (which is lower due to the amount of wear).

Overall, unless you cherrypick a set with better dates, I would suggest looking for coins in solid G4 or higher if you are going to purchase sets like these. You also want to watch for cleaned coins. I think the IHC in this set has been cleaned. The nickel, dime, quarter, and half look original.

Do you know what to look for when grading Barber coinage? If not, I can post some grading tips for you.
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Lucky_13's Avatar
United States
749 Posts
 Posted 02/25/2008  10:14 am  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
quote:
I never knew banks sold coins.


News to me as well
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gussyboy1's Avatar
United States
174 Posts
 Posted 02/25/2008  12:54 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Hey J_H_S,

Figured me out. LOL

Gussyboy1
Edited by gussyboy1
02/25/2008 10:44 pm
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gussyboy1's Avatar
United States
174 Posts
 Posted 02/25/2008  1:02 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
The red and blue question is kinda like "Honey, do you like my new hair-do ,and do I look fat in this dress?" MAN answers "yep!"
Edited by gussyboy1
02/25/2008 10:45 pm
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