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Trading No-Date Buffaloes For Seated Halves - Act 3

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weerdsteev's Avatar
United States
1291 Posts
 Posted 10/13/2013  6:13 pm Show Profile   Bookmark this topic Add weerdsteev to your friends list Get a Link to this Message Number of Subscribers
I have a trading partner who takes in all the dateless Buffalo nickels I can send him and he trades Seated halves to me. This is the 3rd time we've done this. 4000 dateless nickels for these 9 halves.

I apologize for the "glare" on some of these shots. I normally photograph at night with artificial light, but today the sunlight was streaming through the window and I didn't compensate too well on some of these shots.

I'm pretty happy with this arrangement and I guess he is too. As some of these are duplicates of dates from earlier trades I'll probably sell off the lesser quality duplicates...maybe use the money to get more dateless Buffaloes!

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Joseph7420's Avatar
Canada
11922 Posts
 Posted 10/13/2013  9:17 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
Nice trade!
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WheatBack's Avatar
United States
2850 Posts
 Posted 10/13/2013  10:55 pm  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
The date on the 1845 looks interesting. Nice trade though!
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/13/2013  11:01 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
$200 face value in dateless buffaloes for 9 Seated halves in average VF. Fair trade.

I would prefer the 9 seateds, although the numismatic book value may be a tad less.

4,000 dateless buffaloes is an awful lot to decide what to do with them. I would think the halves would be easier to trade, unless you were doing a study on the nickels with the assistance of XRF and / or polarized light to figure the date of the dateless coins.
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solotime's Avatar
United States
2311 Posts
 Posted 10/14/2013  12:49 am  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
Aren't no dates worth 25 to 50 cents?

very nice coins!
Edited by solotime
10/14/2013 12:50 am
Pillar of the Community
861 Posts
 Posted 10/14/2013  01:33 am  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
"Aren't no dates worth 25 to 50 cents?"


Only the 'd' and 's' no dates.....I just spend my 'p' mint no dates at face, though, I think they go for 10 cents on ebay
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weerdsteev's Avatar
United States
1291 Posts
 Posted 10/14/2013  08:58 am  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply
All 4000 were "P" mints.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 10/14/2013  3:12 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Nice trade!
Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 10/14/2013  5:11 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Weerdsteev, this is weird, (sorry for the pun), at the Chicago Show this past summer we ran into a guy that had a huge amount, 20 gal. of Buffalo's. He was in the elevator with us. This was the same hotel a number of the CCF members stayed at .We also saw him at the coin show. Next, we meet the same gentleman at the desk to check out and said he sold them for 2 or 3 times face.
The bottom line, the coins were bought for use in Native American tribes in AZ for use. Not sure how but, I was amazed at how this happened.








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nickelsearcher's Avatar
United States
15422 Posts
 Posted 10/14/2013  6:06 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Nice trade indeed. Converting nickel into silver ... the old alchemists of the day are jealous.


Quote:
.....I just spend my 'p' mint no dates at face, though, I think they go for 10 cents on eBay


I just sold a lot of 20 Philly mint no-date Buffalo on the Bay for $4.25 plus $1.99 shipping ... so the buyer paid $0.31 each for them.

David
Take a look at my other hobby ... http://www.jk-dk.art
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weerdsteev's Avatar
United States
1291 Posts
 Posted 10/15/2013  09:00 am  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply
bpoc1: That is odd, but it wasn't my guy you ran into. My guy just hoards all of the nickels he can get his hands on, for whatever his reasons.
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861 Posts
 Posted 10/15/2013  3:47 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
On ebay, they can be had for 11.1 cents/coin, including shipping ($3.25 + $7.85 ship = $11.10 for 100 no dates):
http://www.ebay.com/itm/Lot-of-100-...370912306736
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weerdsteev's Avatar
United States
1291 Posts
 Posted 10/16/2013  09:25 am  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply
It looks like $11.25 shipping to me when I go to the link you provided. That makes it $14.50 or about 14.5 cents per nickel. I'm paying .14 cents from a trusted supplier I've used for over 10 years. The coins are separated for me and there are never any culls - which is good because my seated half guy wouldn't tolerate it for very long if he received anything other than legitimate, clean no dates. Check that ebay listing again - the guy even states that some of his nickels have been Nic-a-dated. Where P mints are concerned, a Nic-a-dated nickel is a cull.
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rachums107's Avatar
United States
3345 Posts
 Posted 10/16/2013  12:00 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
Is that a repunched "O" on the first 1859-O? and is that 1845 repunched in the date as well?
Awesome coins!
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 10/16/2013  12:39 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I'll say it again, I would make this trade every time. Nice Seated halves.
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52Raymo's Avatar
United States
8516 Posts
 Posted 10/16/2013  1:23 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Are the buffs restored by you before you do the trade ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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