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Large Cents - What Should I Pay?

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Maine_Jim's Avatar
United States
121 Posts
 Posted 03/10/2009  11:02 pm Show Profile   Bookmark this topic Add Maine_Jim to your friends list Get a Link to this Message Number of Subscribers
Is there an average price one should pay for a small quantity of Large Cents? I've never done much with Large Cents and recently was offered a box of 62 of the coins along with a box of silver. Is there anything I should be looking for with the Large Cents? I see a pretty wide range of prices on ebay and won't have a chance to really scrutinize the coins as I'm going to meet the seller half way between towns to cut travel time down. What would be a fair price that a dealer might offer on these. From the picture it looks like some nice coins to your standard drilled wafers. Any suggestions appreciated. The seller started the bidding at $300 saying there were at least a dozen with full "Liberty" on them. The silver seemed pretty easy with a melt offer at 10 to 1.

Maine_Jim




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Bedrock of the Community
United States
10284 Posts
 Posted 03/10/2009  11:24 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Welcome to the forum Maine Jim!


Wow that's a nice bunch of coins to find in your sock drawer!
Of course they aren't there are they?
Looks like the best condition Large cents are on top.
I see only about 6 or 8 that catch my eye unless there's a tough date in that batch. There's two sides to every coin. I see at least that many 20 buckers no problem.
I can't say what would be a good buyer price. Look in your price guide for the better dates. Is there an 1857 in there?
I don't think it's my call from a picture.
Yeah today I would maybe pay $10.00 on the dollar for the best Walkers Mercs Barbers in that tin.
Hard to say ... What I would do though is check with my gut feeling when I get quoted a price the seller wants for it. If it feels wrong, probably is. You seem to have a little idea of what to do. If you have an auction of some sort with an open bid. From way up here it looks like a fair opening bid. Who or how many might bid against you?
Is this like a Coin shop bid board thing or an ebay auction or what?
I doubt there's anything really scarce in there. Looks like a picked over pile. The best are somewheres else already.
Edited by TNG
03/10/2009 11:26 pm
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biokemist6's Avatar
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12437 Posts
 Posted 03/10/2009  11:45 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
There is at least one Canadian large cent in the coppers and the Buffalo nickels do not contain any silver so do not count those as 10x face.
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vermontensium's Avatar
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16677 Posts
 Posted 03/10/2009  11:56 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Many common date Large Cents it looks like. As stated, the good ones were probably pulled. Ya, who is auctioning these off? I personally would not pay $300 for this lot. The keys, if any, have already been spoken for.
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Maine_Jim's Avatar
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121 Posts
 Posted 03/11/2009  08:19 am  Show Profile   Bookmark this reply Add Maine_Jim to your friends list Get a Link to this Reply
Thanks for the answers. This is from a Craig's List ad. The guy buys abandoned property and found these in a box. Also had a few Morgans and Peace dollars along with a some Silver Eagles. Hard to say about being picked over hard. He did say one guy had given him $120 for a handful. Gonna meet him later today if possible and will post an update if anything comes of it. I don't usually buy coins this way and tend to get most of my stuff via CRH. Thanks again.

Maine_Jim
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Chump_Change's Avatar
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618 Posts
 Posted 03/11/2009  08:40 am  Show Profile   Bookmark this reply Add Chump_Change to your friends list Get a Link to this Reply
I am looking for the fall down and faint symbol. That box of large cents sure looks fun. Congrats.
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eaglefoot's Avatar
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6326 Posts
 Posted 03/11/2009  09:07 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
................looks fun !!.....wish I had the opportunity to land that batch !
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 Posted 03/11/2009  09:28 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply

Quote:
He did say one guy had given him $120 for a handful.


Ah ha! There went the good stuff. I'd have probably done the same if I were first. Wonder what he got for 120.00?
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 03/11/2009  09:53 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply

Quote:
He did say one guy had given him $120 for a handful.


I'm afraid you won't find anymore good stuff, so better tell him that and $300 is too much get it for a lot lower and start selling the extras here
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Conder101's Avatar
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 Posted 03/11/2009  10:46 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Unless there are some better date or better grade pieces hiding underneath this looks a lot like a dealers "Pick at $10, lot at $7.50" bulk grouping.
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williams9's Avatar
United States
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 Posted 03/11/2009  2:36 pm  Show Profile   Bookmark this reply Add williams9 to your friends list Get a Link to this Reply
I know I'm new to this but to me it looks like the first guy or this guy has the good stuff. Just my opinion, let us know how this turns out. Good luck Maybe your the lucky one!
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Maine_Jim's Avatar
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121 Posts
 Posted 03/12/2009  10:05 am  Show Profile   Bookmark this reply Add Maine_Jim to your friends list Get a Link to this Reply
Well I met up with the guy. I ended up buying everything he had for $900. Got about $70 in silver. This was a mix of silver eagles, morgans, Peace dollars plus about six rolls of dimes. They were a mix of mostly mercury but included a few barber a couple rolls of roosevelts. There were a bunch of halves including barbers, walkers, bens and kennedys including some proof bens. Some of the dimes came in old bank saver folders that held $3 worth of dimes and some Standing Liberty quarters. They were pretty cool. There was another $10 in silver quarters. I also took all the large cents from the picture above. There was also a few proof sets including the 64 and 63 and 71.

There was a box of loose change that he said was "unsearched". I have to believe him on that because as I went through it I found some crazy stuff. Included was $25 in post 65 nickels, dimes and quarters. Then some nice stuff including an 1805 Half Cent, a couple more large cents in fair shape, an 1867 2 cent piece, some "v" and Buffalo nickels, and a civil war token in great shape. There was also another $2 in silver dimes and quarters. There were some foreign coins that appeared chinese. Also a George VI 1937 British Crown. A bunch of canadian silver. There's another $20 in wheat's that I haven't checked but saw a few teens and twenties in there.

And finally he threw in all his coin folders and books which were coined, one included a couple nice flying eagles cents in one book plus a Buffalo nickel and Liberty nickel book fairly filled. All told there were ten whitman folder and book style coin holders that were either full or half full. No key dates but still nice starter collections of each coin. I haven't made it through the Half Cents yet but will post some pictures when I get some time and maybe get some opinions on them. Seems like a pretty good deal but now I wonder what was picked up before I grabbed the rest...

Maine_Jim
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Chump_Change's Avatar
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618 Posts
 Posted 03/13/2009  09:06 am  Show Profile   Bookmark this reply Add Chump_Change to your friends list Get a Link to this Reply
OHHHH, Walkers, Mercs and Large CentsThose are so nice, Congrats.
Edited by Chump_Change
03/13/2009 09:07 am
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 03/13/2009  10:56 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply
upon reaching 50 post you can start selling your doubles or extras.
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 03/13/2009  10:58 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply

Quote:
Seems like a pretty good deal but now I wonder what was picked up before I grabbed the rest...


Keydates?
Valued Member
Maine_Jim's Avatar
United States
121 Posts
 Posted 03/13/2009  8:30 pm  Show Profile   Bookmark this reply Add Maine_Jim to your friends list Get a Link to this Reply
Nothing major for key dates on the large cents yet, that is, no 1857 if that is what you mean. I'm just using the Red Book prices on them so there seems to be a number of $18 - $25 coins. There are a few doubles like 1851s and 49s and 48s. I've never had any large cents so this is a great start to a collection with dates from all the decades represented. A nice introduction for me into the classic coins world. The earliest so far is an 1805. Some are in pretty good shape with detail on the hair and ear and then some are pretty much wafers. One question, what do people do with the old large cents that are dateless or damaged with a drill hole through the date. There are about a dozen in this condition or that are clearly metal detector finds that are very corroded.

As for the silver I'm still digging through the dimes but no 16-d's in the pile. There is a great assortment of Mercurys. I must say that there is a lot of junk silver here and that that is why I bought the whole pile as I do like silver! Maybe I'll post some of the duplicates of large cents for sale here after I hit 50 post. I don't usually sell coins but really don't need all these extras. There were some other duplicates of Buffalo nickels and dimes that I may post. When I get the time I'll post some pictures of the large cents for some opinions on condition.

Thanks for the comments

Maine_Jim
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