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 Replies: 17 / Views: 3,401 |
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Pillar of the Community
United States
3486 Posts |
A short time ago, while sifting through a lifetime of accumulations, I found a little booklet. A 1965 "buy" prices guide written by Stack's Coins of New York City. [They are still in business.] All of the coins listed below represent coins that Stack's wanted to buy. Others were listed as "We don't need this now but save it anyway." Gee, I was only a freshman in high school in the Fall of 1965! Just for fun, let's look at a few of the coins. By the way, this little booklet only cost $0.25 to give you some perspective. 1877 Indian Head cent: Good $45 Fine $100 1909-S VDB: V. Good $100 V. Fine $125 1885 Liberty nickel: Good $27.50 Fine $45 1913-S Buffalo nickel Type 2: Good $12.50 Fine $20 1950-D Jefferson nickel: V. Good $3.50 V. Fine $5 1895-O Dime: Good $22 Fine $55 1916-D "MERCURY" Dime: Good $40 Fine $75 1901-S quarter: Good $90 Fine $225 1916 Standing Liberty quarter: Good $150 Fine $225 1932-D Washington quarter: V. Good $5 V. Fine $10 See where I am going with this? If you had bought any of these coins for not twice but THREE times the buy price you would have done well. Only takes 45 years or so. But we did not have a crystal ball back then and we do not have one now. Just for fun ... Oh, and all of these were listed in the "Common Coins" section. |
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Pillar of the Community
United States
1304 Posts |
I am really surprised by the 1916 SLQ. If we could only go back in time.  |
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Rest in Peace
United States
4078 Posts |
Oh for a time machine Wornslick!
I started as a freshman one year before you Matt. If we only knew and had money and foresight.
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Rest in Peace
United States
9104 Posts |
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Bedrock of the Community
United States
20753 Posts |
I know how this usually effects us. I have all the Red Books from the first to present. Every once in a while I look up a coin in one of the early ones and think, why didn't I buy them then.
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Pillar of the Community
United States
1213 Posts |
Yeah, if only....  |
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Valued Member
United States
306 Posts |
Time machine to 1965? Forget that lets go back to the times when those keys were just getting pressed at the mint!
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Valued Member
United States
161 Posts |
in 1964 a gallon of gas was 25c .... if you saved that quarter you could still buy a gallon of gas today !
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Pillar of the Community
United States
1770 Posts |
amazing isn't it wish I could travel back to the 1960s not only for the coins but for all those concerts I could have seen HA!
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Valued Member
United States
234 Posts |
As they say, hindsight is always twenty-twenty. Interesting though. What can you buy for a quarter now?
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Bedrock of the Community
United States
17884 Posts |
Folks those were their BUYING prices. When I get into the shop I'll see if I can track down the Graysheet from back then and we can see how their buying prices compared to the market prices. OK I'm putting in the Greysheet prices I've been able to find in those grades (first two are the buy prices, last two are greysheet.) 1877 Indian Head cent: Good $45 Fine $100 G bid $95 F bid $180 1909-S VDB: V. Good $100 V. Fine $125 VG bid $115 F bid $135 1913-S Buffalo nickel Type 2: Good $12.50 Fine $20 G $22.50 F $40 1950-D Jefferson nickel: V. Good $3.50 V. Fine $5 avg circ $16 1916-D "MERCURY" Dime: Good $40 Fine $75 G $90 F $175 I can't find quotes for these until about ten years later which is too late to be relevant. But from the prices above you can see that their buy prices were about half of the market Bid price except for the SVDB which was probably higher because they could move it faster. So anyway double the buy prices and you've probably got a good idea of what the dealer bid price would have been at the time. 1895-O Dime: Good $22 Fine $55 1885 Liberty nickel: Good $27.50 Fine $45 1901-S quarter: Good $90 Fine $225 1916 Standing Liberty quarter: Good $150 Fine $225 1932-D Washington quarter: V. Good $5 V. Fine $10 Edited by Conder101
02/28/2012 10:06 am
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Valued Member
Canada
464 Posts |
Sure those prices look nice... However, what would the equivalent price be today when you factor inflation?
If that was priced in Canadian dollars, $1 in 1965 = $7.27 in today's dollars. (Source: Bank of Canada inflation calculator)
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Bedrock of the Community
United States
17884 Posts |
If you use the governments fictitious official CPI figures then for US $1 in 1965 is $7.20 in 2012. Using that figure the 1965 prices in 2012 dollars would have been 1877 Indian Head cent: Good $324 Fine $720 G bid $684 F bid $1296 1909-S VDB: V. Good $720 V. Fine $900 VG bid $828 F bid $972 1913-S Buffalo nickel Type 2: Good $90 Fine $144 G $162 F $288 1950-D Jefferson nickel: V. Good $25.20 V. Fine $36 avg circ $115.2 1916-D "MERCURY" Dime: Good $288 Fine $540 G $648 F $1260 A comparison of the adjusted 1965 bid prices compared to todays prices will show how much the coins have actually grown in value since then. Sorry I don't have current greysheet bid prices for them. Anyone else have them? |
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New Member
United States
43 Posts |
This made me thumb through my 1961 "Handbook of United States coins" blue book for perspective. A 1923 Saint Gaudens Double Eagle is listed at $36.50 in ex. fine..... For the most part the coins on the your list are listed at about 35% to 50% of that value in that '61 edition.... |
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Bedrock of the Community
United States
10284 Posts |
I don't mean to outdo or hijack your thread but I posted a topic on a 1943 booklet I found at a yard sale similar to that. These things are neat. https://goccf.com/t/94285#94285Edited by TNG
03/05/2012 10:21 pm
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Valued Member
United States
105 Posts |
The old books are really neat,  If we just knew then. Try some 30 year old ANA books like The Numismatists, and just read some of the article. whats neat about that is we know how the story ends before we read passed the title. Bob Edited by RJP
03/06/2012 11:13 am
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Replies: 17 / Views: 3,401 |
Posted 02/26/2012 3:07 pm
