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Help With Key And Semi Key Dates

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SilverTracker's Avatar
United States
589 Posts
 Posted 09/19/2014  1:43 pm Show Profile   Bookmark this topic Add SilverTracker to your friends list Get a Link to this Message Number of Subscribers
Hi All,

Tomorrow I am visiting a man I met at his garage sale last Saturday. After chatting with him I asked him if he had any coins for sale and he said he has a bunch of coins his father had collected, plus 2 full bags of miscellanous coins as well when he was alive. This man I spoke to was around 65 years old so I can only imagine what his father might have collected. The other thing is he mentioned he has absolutely no knowledge of coins what so whatever and he was planning on making an appointment with the LCS in the area we live before I stopped by his house.

So this leads me to my inquiry. I know very few key and semi-key dates in respect to pennies (IHC's and Lincolns), Nickels (No Clue), Dimes (Roosies and Merc's), quarters (Standing Liberty and Washington and Half Dollars (Only Peace dollars). If there is a web link or list online or on CCF please link me up to this information.

If I see any coins I want, I want to offer him a fair price and of course leave him a list of these dates so he can review what his Dad has before he goes to the Appraiser.

Thanks
John

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tkbslc's Avatar
United States
1158 Posts
 Posted 09/19/2014  2:36 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
If you google "key dates Lincoln cents" etc, you can find lists that people put together. But the easiest way is just to look at a price guide with a big grid of dates and grades and look for the ones that stand out as valuable compared to the rest. For example, with Quarters, 1932 D and 1932 S. Peace dollars, 1921 and 1928. Just make a short list of high value ones to look for from the price guides for quick reference.

Here's a decent price resource: http://www.numismedia.com/fmv/fmv.shtml
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matthewvincent's Avatar
United States
3486 Posts
 Posted 09/19/2014  2:49 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Yes, tkbsic said it well.
May I add:
The keys and semi-keys for Lincolns and Mercs are prior to 1934.
Standing Liberty prior to 1925 - the dates wore away quickly and this was the year there were re-designed
to wear better.
Forget the Roosevelts.
Walking Liberties - all 1921 and 1938-D plus those in the teens with mint marks.
Numismedia will help you with the Buffaloes.

Indians after 1880, with the exception of the 08 and 09 S, need to be in high grade.

Barbers, if any, are a separate class as well as the odd coin prior to 1892.

I am 63 and my dad collected from circulation. He was born in 1916. He had found just a few keys: the three 1921 halves and a 32-D Washington. If dad inherited some of the coins from an earlier relative then things will be interesting.

This could be time consuming on your part. Much will depend on just how organized dad was.
Keep us posted.
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kanga's Avatar
United States
5825 Posts
 Posted 09/19/2014  8:54 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Dig out your Red Book and decide what are keys and semi-keys for yourself.
Valued Member
Pennynickelguy's Avatar
United States
308 Posts
 Posted 09/19/2014  9:30 pm  Show Profile   Bookmark this reply Add Pennynickelguy to your friends list Get a Link to this Reply
From my experience, a LCS will pay a % of the Gray Sheet "Bid" price. Depending on the coin, it could be as low as 50% (for most coins) and up to 75% (for coins they know will sell fast) of the Bid Price. The Gray Sheet Bid price is less than prices in Red Book, Numismedia, and Blackbook, because those are retail prices. The LCS would not pay these prices. I mention all of this because this will let you know how much to pay as a fair price. For example, if there is a coin you would like to buy, you could offer 80~100% of "Bid" and that would still be higher price than what the LCS would pay. Also it would be less than these other price guides I do not think the LCS is wrong to purchase coins this way, they need to keep the lights on and roof overhead, but if you had a Gray Sheet, you could explain to this gentleman what to expect at the LCS.
New Member
louismarcel's Avatar
United States
27 Posts
 Posted 09/19/2014  11:00 pm  Show Profile   Bookmark this reply Add louismarcel to your friends list Get a Link to this Reply
Let us know what you find!
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