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 Replies: 18 / Views: 3,433 |
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Valued Member
United States
68 Posts |
Traded in one roll (20 coins) of 2013 ASE $1 coins For: 1x 1819 Bust Half Dollar (EF 45 Details) 26x Walking Liberty half dollars 1918-1946 with one 1919 key date in about G-420x Mercury dimes dated 1920-1945 with one AU-50+ 1935 1x Barber quarter, fairly good condition but no date In the 25 cents Canadian junk box, I nabbed: 1x 1920 Penny 1x 1896 Penny 1x 1861 "New Brunswick" Penny Melt value of the eagles was ~$400 Melt value of the purchase is ~$216 However, I now possess a BEAUTIFUL coin from the early 19th century, the first to look so good at such an old age. And I can sell off the other key date to buy more coins :) |
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Valued Member
 United States
68 Posts |
 because eeeeeverybody likes pictures.. |
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Pillar of the Community
Canada
4911 Posts |
Your move sctia penny is a new Brunswick cent actually, could we see up close pics of it?
Feel free to call me Will.
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Pillar of the Community
United States
8137 Posts |
This warning is for CoinCollector2012,
This is an absolute no-no. You should know better than to solicit new members. Consider this a warning.
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Pillar of the Community
Canada
785 Posts |
Wow that is a pretty generous trade for a dealer to be doing. You did well, especially for your first major buy.
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Pillar of the Community
Canada
5417 Posts |
With the value of those eagles at $480 if sold individually, and the bust half being VF-25 Details IMO, I think you may have lost money..
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Valued Member
United States
68 Posts |
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Pillar of the Community
United States
1959 Posts |
Touchy subject to tell a newbie that is excited about a purchase that he/she might not have done so good, but, the dealer looks like he came out on top here. The truth as I see it is that you traded a commodity that is easily liquidated (silver eagles) for common problem coins that are not so easily traded unless at a discount. This material, if you took it to another shop today (or even ebay in my opinion), you would loose over half of the monetary value vs. what you traded. Unless there is a piece in there that I'm not familiar with the value (Canadian coins) you may want to be more discriminate with your purchases in the future if you want to retain monetary value. I agree with the VF details grade on the Bust Half. There is value to enjoying something with age and history, so, my opinion is just that. One persons opinion. I hope you take it with the helpful nature in which it is intended. No one is really educated if we all post things like: great pick up, if you like it that's all that counts, or post nothing at all. |
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Pillar of the Community
Canada
5417 Posts |
 with jpbone. My intentions were the same. Remember that most established dealers have been in the business for 10 years or more and have decades of experience among them, both from personal collecting and selling. That said, you've learnt something important and better lose $100 today than a lot more in the future. Best of luck. |
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Bedrock of the Community
United States
20753 Posts |
from what I see it is difficult to really say how well you did or didn't. By that I mean without dates and mint marks of all coins, I wouldn't even attempt to figure out how you did. For example with Mercury dimes. What are the Mint marks? And too there are those 41/42 and 42D/41 Mercury Diems. Same with what condition were the ones you traded? As noted dealers much work with a large percentage o profit unless they are just not aware of what they have. |
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Valued Member
United States
337 Posts |
I would have kept he ASE's because silver is way low right now but if your happy that's all that matters. You traded 20 of the same coins and now have a bunch of different coins which makes it at least more fun to look at. |
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Pillar of the Community
United States
1261 Posts |
You know you are pretty smart to come back and ask questions because that's how you learn. I've seen people accumulate and accumulate material and before they knew it they had a whole bunch of junk. For a first purchase, it wasn't bad. You diversified and got some new things to learn about like that great bust half. I remember some real stinkers that I purchased but that stuff just educated me for the next purchase. Don't get discouraged with what people are saying and heed their advice.
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New Member
United States
14 Posts |
I think it was a pretty good deal. Great first buy.
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Pillar of the Community
United States
1234 Posts |
I'd have to agree with most of the posts here, Wonderful learning experience for us all, I would have kept the eagles but I'm also  over the lot you got.  and please stick around, we all might learn something  EDIT: ok so I don't know how to spell ... experience, not experance... lesson learned Edited by ASLAN TVorlon
01/01/2014 4:45 pm
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Pillar of the Community
United States
3486 Posts |
"Melt value of the eagles was ~$400
Melt value of the purchase is ~$216
However, I now possess a BEAUTIFUL coin from the early 19th century, ..."
Shnug has answered his own question. He is happy and not bothered by the difference
in melt value. Did he loose money? Probably yes. Did he do well? DEFINITELY!
Measuring coins by monetary gain is not as important as measuring coins by the happiness
and satisfaction that they bring to the collector.
Just my opinion.
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Pillar of the Community
United States
3106 Posts |
Quote:
"Melt value of the eagles was ~$400
Melt value of the purchase is ~$216
However, I now possess a BEAUTIFUL coin from the early 19th century, ..."
Shnug has answered his own question. He is happy and not bothered by the difference
in melt value. Did he loose money? Probably yes. Did he do well? DEFINITELY!
Measuring coins by monetary gain is not as important as measuring coins by the happiness
and satisfaction that they bring to the collector.
Just my opinion. +1 Could not agree more. For me the whole point of collecting is acquiring those coins that bring me the most happiness. Personally, I love the trade....  |
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Replies: 18 / Views: 3,433 |
Posted 12/30/2013 3:42 pm
