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 Replies: 7 / Views: 1,304 |
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Valued Member
United States
374 Posts |
Any tips? Not looking to make a fast buck, just trying to find decent coins for a fair price.
There is a lot of junk out there. However if you look at the sold listing, someone seems to be getting a reasonable deal.
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Forum Dad
 United States
24161 Posts |
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Pillar of the Community
United States
589 Posts |
Give me a few examples as to what is reasonable to you?
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Valued Member
 United States
374 Posts |
Quote:
Give me a few examples as to what is reasonable to you? Looks problem free, at or around grey sheet price, for the grade it appears. Mostly I'm interested in classic US coins in the under $50 range, so nothing really worth the expense of putting it in a slab. So say a VG or F coin actually looks like one on the photograde website but sold raw. I've hand some success, but overpaid in some cases. Mostly due to the coin being over graded. |
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Bedrock of the Community
United States
10982 Posts |
Quote:...Mostly I'm interested in classic US coins in the under $50 range, so nothing really worth the expense of putting it in a slab... Bingo my friend, bingo. Raw coins under $50 can be some of the best deals in numismatics regardless of venue. Check out auctions ending at odd times like 10:00 on a Tuesday morning or something similar. Summer is also a good season for buying with things picking up in the fall and winter traditionally being strongest. Also consider series' that not everybody loves. Morgans and Wheat cents have huge followings as do most Capped Bust and Liberty Seated series. 2, 3, & 5 cent pieces don't generally have big collector bases and there are some cool coins to be found there. I'm not a Barber lover but there are some nice and reasonably priced pieces in those series'. Lastly (as my preference) try to stick with Fine or Very Fine pieces if possible. Below Fine many series lose a lot of design detail. Good luck! |
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Pillar of the Community
United States
7375 Posts |
Look for 90% silver for about melt. You can also begin filling a few folders with it. Also wait until November/December to buy. Sellers drop prices to get Christmas money, and there's less competion from buyers saving their $ to buy Christmas presents. Also do advanced searches on ebay for what you like, and look at the lowest price that something recently sold for, and try and beat that. Edited by edweather
08/16/2014 11:38 am
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Pillar of the Community
United States
1373 Posts |
What others have previously stated is true.
Also:
_1_Take a good look at bad photos and be careful with some. Either the seller is just a poor photographer or they are intentionally trying to hide something.
_2_Don't forget to add shipping fees to the bidding cost. I've seen many shipping fees higher than a coin's value.
_3_Don't bid extra for slabbed coins. You can normally find similar 'raw' coins at a much lower price.
_4_Make sure you keep attention to your budget. If something gets bid too high, relax; there will be another coin tomorrow to bid on.
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Pillar of the Community
United States
589 Posts |
I will keep it simple. My buy range is usually in the $200/$500 but often times many are under $50. I don't collect by date rather by type and grade(F-MS and mostly graded). HA.com, Stack's, E-bay and from other forum sites unless it is a bullion(LCS).
I put in many low bids and just hope to get lucky because these coins are common and are up for auction every week.
Capp bust and older gold coins are what I'm mostly interested in but I will buy modern coins if it interest me. If it is a must have coin I will pay a fair price other wise I have all the time in the world for a good price.
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Replies: 7 / Views: 1,304 |
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Posted 08/16/2014 01:35 am
