Did I Over-Pay For These?

The indian head coin is Lady Liberty with a head-dress on.

On my 1934 thru 62 section of book in my penny book. I paid 140 bucks for the intire bu or red coin set complete in plastic holders . It had every p, d , s coin from 1934 to 1961 complete. I paid greysheet coin dealer newsletter ask price prices on them.

Trust me I looked around and priced coins from dealers on ebay. Retail they wanted 299 to 399 for all coins. Strange thing I onley needed the 1934 thru 1940 bu coins for my book since I paid 40 bucks for the 1941 thru 1974 bu coin book to build my set. On 59 thru 2007 coins. I paid 15 bucks for set coins in the whitmans. I removed the 1975 thru 2007 bu set from book and installed them my set. I refilled the Whitman with coins from bank rolls where I can have secord set to resale. I was thinking about buying all the 1934 thru 1940 coins like you bought your 1937 coins. If I bought the 1934 thru 1940 coins like on ebay and other dealers. It would have cost me about 199 to 299 on ebay or buying coins from dealers just for the 1934 thru 1940 section of my book. Some dealers wanted like 49.95 to 89.95 just for the 1934d cent.

So take my advice shop around and study the prices on those coins for your set since you may want to upgrade your set on the 1934 thru 1940 section on book. I looked over two monlths before I found my 1934 thru 1961 set to upgrade my book with bu or red coins. http://www.proofsetwholesale.com/se...t/StoreFront

That's the dealer I bought my coin set from . He is wholesale dealer and buys 30000 to 40000 worth coins each month each time. His sets are not listed on website but I bought my coin set from his ebay store . He moves lots coins each month and always sales fast.

On my set its finished and I done buying stuff to finish it. All I want these days are matte proofs, 36 thru 42 proofs, 1955 , 1983, 1984 DDO coins to finish it. I may try to get blazing reds or bu coins from 1909 to 1933 section someday to finish it off. Those coins are very expensive.

One last thing greysheet prices the penny book from 1909 thru 2007 at 850 with 1914d, 1909 s v. d. coins complete. Retail they are 1995 per book complete. So you can do math and not overspend to build your penny book. Most coin dealer buy prices for those sets are 850 or less on the 1909 thru 2007 penny books complete. Those books are not worth that much on ebay's. I bought serval sets to strip out keys or coins to build my set . Why pay an person 199 to 299 for an 1914d cent. I bought intire book with proofs minus the 1909 s coins for 365 just for the 1931 s and 1914 d coins. Its cheaper and I think dealers should lower there prices on there coins because you will spend 2000 to 2500 to build an set that only worth 850 or less dealer buy prices.

Sorry for being long . Chevrolet454ss.

Red Book is overpriced. I might suggest one of the many current guides such as Coin value Trends, Coins, Coin Prices, etc. The values I gave (which are a careful average of the guides adjusted to the actual market) add up to a sum of $23 in the grades those coins are in - the buyer paid $46. That's double. Trust me, I know Lincoln cents.

Justcarl,

You need to get you an copy greysheet to check there prices. My copy is dated June 1 2007 . Prices on it stated on Ms62 graded coins from anacs
1909 s vdb is 525, 1914d 700, 1922 plain 3200, 1955/1955 750, 1972/1972/ 115 on those lincolns keys or beter date coins. Those coins are graded ms62 in anacs slabs. They are not circulated brown cents.

On 1934 thru 1958 bu single sets bid 130 ask 140
on 1941 thru 1958 bu single sets bid 35 ask 38 .
1941 thru 58 circ bid 3.65 ask 4.00

One dealer has buy prices on the 1909 thru 1940 buy prices is 850 complete. Secord dealer on the Lincoln Cent collection. good/ vg 850/ f/vf 1350, xf 4600. au/unc 8500 on his sets he buys.

Red Book is the retail book dealers and peaple use to buy there coins. Greysheat and bluebook are what dealers pay for coins. Some dealers out there I have heard will pay less than greysheat or blue book prices since they need to make an profit to stay open. Most dealers I talked on phone will pay less than 15% greysheat bid prices on proof sets.

Before I buy any coin or set for my collection . I call dealers on phone and ask them there buy prices on stuff . I always read greysheat and will not pay over greysheat ask prices on any coins or sets for my collection. I will buy junk from banks to search at face value all day long for my collection. On any silver coins I buy I will try to get them below or at melt bullion value in bulk lots.

I just got off phone with an dealer about trying to sale 1400 face value of 1971 thru 2000 Kennedy's halfs. He told me nobody buys them even they are bu or au coins. He told me sale back to bank but the 1969 and below silver coins he will buy. I have 200 bucks face worth bu or au solid date rolls of halfs that onley worth face after talking with dealer. They have no value he was telling me. They are worthless coins becides spending money. It waste of time saving those 1971 thru 2000 half dollar rolls like I did. I happy I onley paid face for them and will not lose money on them. Some dealers wanted like 49.95 for an roll of those bu or au rolls halfs like I have. I glad I never bought them from the dealers at those prices. I would have lost 40 bucks per roll of coins.

One last thing I going sale my extra penny book that complete minus the 1909 s v.db penny book. I took to dealer and let him inspect it. He would onley pay 200 bucks tops for set that had the 1914d coin, 1931s, 70 small date, 1909 s ,1922 week d cent keys. It was bu from 1959 thru 2007. Rest was brown cents in book. I took it home and will try to sale on ebay 495 later where I dont lose money. I have 450 in the book I spent building it. I glad I did not buy the 1909 s. v. b. cent for it since its onley worth 850 to an dealer complete. Complete ebay its worth 1000 to 1500 if I sold on ebay with 1909 s.v.b coin.

Chevrolet454ss.

Coppercoins,

Your correct on the dealers selling to other dealers at 15% to 20% below ask prices. I made an mistake when I wrote it. That's what the dealer told me he buys proof-sets for. I asked him since I have extra proof sets that are extra I dont need. I wanted to get rid off my extra sets or trade them for coins I need to finish sets.

Your correct on those halfs. I never knew they were not worth anything before I started collecting them. I saved them up for long time. I sold 1200 to my bank today to get rid them. The bank teller looked at me funny when I gave them to her. She even tryed to sale me another fed box of them from vault. I may buy them later to search for silver coins. After learning that from you and that dealer I wasted all that time and money colleting up those halfs like I did. Some of my halfs I been saving since 1980 something. I could have used the money on anything becides those.

Is it same thing on Susan b dollars ?. I have been saving them just like my half's for years. I have serval bags of them. Its seems they are all 1979 years all mints. Very few 1980 or no 1981 or 1999 coins there. I been saving those for years just like my halfs . How can tell if I have those 1979 wide rim dollars . I am not sure if I have any of those. I hate to cash them to bank and not sure if they are worth saving or are they worthless like halfs are. My Susan dollars I removed from circulation over the years. Some are bu or au coins. If they are like the halfs I will dump into my bank becides saving them.

I hate sell off lots coins and sets but I need thin out my collection since I have to many incomplete sets or just stuff laying around. Like I said I dont need all that extra dupilcate sets of stuff or bags of loose coins all over the place. I been trying talk with dealers and trying to thin out to raise money to buy good stuff to complete my sets I want to keep.

Thanks chevrolet454ss

Susan B. Anthony dollars are just as non-collectible as half dollars. There are way too many, they are ugly, nobody wants them, and there is very low collector interest in them. They are worth face value only.

As for the near dates - they are far more common than originally believed and do not command a premium unless in higher uncirculated grades. Segregate your 1979P dollars from the rest and look at them closely. You'll quickly spot the near dates if you have any. The chance that you would end up with all far or all near dates out of 50 pieces is about nil.

Chevrolet454ss

All I can say is congradulations on acquiring coins for a fraction of the actual value. Keep it up. You really should go to coin shows. With what you claim you pay for all coins, you could get rich in no time selling at coin shows. You would make enough to retire in no time. Fantastic values and no one else knows about it either.
Again, congradulations on such great purchases.