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 Replies: 31 / Views: 3,515 |
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Valued Member
United States
355 Posts |
Hello. I'm looking at purchasing a partial set of IHC's and I was hoping you might be able to assist me in not getting burned. I understand it's hard to give an exact answer without detailed pics/info, but here's what's available to me for now. It's a partial set in a binder at an auction I'm planning on attending. I'll be sure to get a close look before bidding, but for now this is all I have to go on.   Coins shown are: 1860 1863 1864-Bronze 1866 1873 1875 1876 1878 1880 1881 1882 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 Questions: 1.) I'm approaching this as if they're low quality circulated coins. Assuming that, does this price guide seem like an okay resource for a ballpark value? http://coins.about.com/library/US-c...y-Values.htm2.) What do you think a fair selling price for these is? Using the guide in #1 I came up with $549 USD. I'm not sure if that's hi, low, or on the money. 3.) Do you see any indication of these coins being cleaned? The ones I've seen are usually much darker, especially on the second page. 4.) Any other suggestions/concerns? I honestly don't think I'm going to bid $500, but if we're around the $200's I might pull the trigger. Any info is useful. Thanks! |
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Moderator
 United States
56855 Posts |
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Valued Member
 United States
355 Posts |
Hi John,
Thanks. No I haven't. But I'll definitely take a look. Seems to be quite a difference if I sum up the prices for the G4 grade ($213). I really have to see what they look like in person.
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Pillar of the Community
United States
2295 Posts |
I think the site ( http://coins.about.com) you list is quite high on prices. For instance, I looked up an 1876 cent on ebay and I see one for sale for $33 in G/VG and that site says $50. The key is how much of Liberty is visible on those coins. The more visible, the higher the grade. I can't make it out on any of those photos, since they are too small to see any details, so for grades I would go on the low end, like G/VG. John's site has much more accurate prices, so I took the prices there, put them in Excel, along with the dates you listed and came up with these 2 values for those 36 coins. And hopefully they have the right coin in the right slot. I can't see any dates from those photos, so there is no way to confirm it. And I think your list is wrong. I don't see an 1893 or a 1904 coin in the slots, but I do see an 1894, so there are 35 coins, but you might want to double check the other dates. It is hard to tell on some, if it is the coin from the next page or not, on the first photo. G4 = $214 and VG8 = $306 And the Whitman Classic Album is worth a few bucks too: http://www.brooklyngallery.com/cgi-...=0100-WCA003 |
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Bedrock of the Community
Canada
10743 Posts |
Your coins in the '60s and '70s would probably be worth the most the others are kind of common dates, needless to say, very hard to give a price without seeing any of them up close, you are only seeing one side of the coin the other side could be corroded for all we know.  I would take a guess at $250.00 or so value. |
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Pillar of the Community
United States
2295 Posts |
And if you can see the coins in person, double check the 1864. If you can't see the L, look for a pointed bust. And check the more rare coins for their grade too. Like the 1866, 1873, 1876, and 1878. Those are worth much more than the others, so their grade might be below G4. Print this out for their grades to take with you: http://reviews.ebay.com/Indian-Cent...000001516986Edited by wquinn
03/29/2012 2:16 pm
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Pillar of the Community
United States
2295 Posts |
Quote:
you are only seeing one side of the coin the other side could be corroded for all we know. Good point, but in the second photo, you see the reverse of most of the coins from the first page. And I think he will get some time to see them in person, so it is a good idea to check both sides of the coins. |
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Valued Member
United States
355 Posts |
Hi wquinn. Yah I'm thing the about.com list is a little high. I'm assuming since it's just taking an 'average' of common grades while on numismedia site I was looking specifically at the G4 column which I'm assuming these coins are closer to.
Although I haven't been able to look closely yet to examine the dates in each slot to confirm there foldered correctly, as for my list, I'm pretty sure that IS accurate (or at least a coin in the hole for the listed years). I spent lots of flipping back and forth between the images to figure it out.
I do have some price lists printed out to take with me, but I'm guessing the coins are correct for the holes. They is also a nickle album that had better pics and it appears to be accurate.
So I guess i'll shoot for under $200-250 and if it works out, awesome. I do need to study up on grading of these and the variety though.
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Bedrock of the Community
United States
10045 Posts |
 There is nothing even semi-key in this group, so there's no reason to bid above a base, circulated value. Possibly, somebody will "need" to win this group of avg. IHCs--let them.  |
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Pillar of the Community
United States
3283 Posts |
Without seeing the coins I'm not sure I'd even go $100 on the lot.
Most of those can be had for a buck or so in G4. Some of the first 8 (oldest)
could be worth a lot more but you must expect the worse, so $3-8 at best.
Chances are some are VG or better but I wouldn't bet on it.
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Bedrock of the Community
Canada
10743 Posts |
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There is nothing even semi-key in this group I'm not sure if the 1866 is called semi-key I see they sell for quite a bit on ebay |
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Valued Member
United States
355 Posts |
Yah they're nothing too crazy but for my budget and current IHC collection (only about 3-4 of them) I'm hoping this will be a good starter depending on the final price. Thanks for all the help everyone! |
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Bedrock of the Community
United States
10045 Posts |
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not sure if the 1866 is called semi-key I see they sell for quite a bit on Ebay Yeah...one of the semi, semi-keys that will still set you back a bit. For most of these dates, you'll do better going to a show and picking from several dealers' stock. |
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Pillar of the Community
United States
1554 Posts |
I'd pass on them unless in Fine or above. Those dates are a "dime a dozen". You can get them anytime from most coin shows at cheap. If you are interested in putting together a set of Indian pennies the rule of thumb is to start out buying the Key and Semi-Key dates first as your money permits and then the Commons in higher grades as your money permits. Good Luck! |
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Rest in Peace
United States
9104 Posts |
FWIW, any prices I've seen on about.com fall into the fantasy range.
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Pillar of the Community
United States
3283 Posts |
Quote:
) I'm hoping this will be a good starter I agree buying an established partial collection is a good way to get a start and you get a nice album as well. But, you really need to see the coins. Poor and AG coins, even semi keys, are cheap. Buy one that has actual pictures of the coins. |
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Replies: 31 / Views: 3,515 |
Posted 03/29/2012 1:39 pm
