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What's The Most I Should Bid On This Fe/Ihc Collection?

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edweather's Avatar
United States
7375 Posts
 Posted 10/24/2014  3:36 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
I'd like to start an FE/IHC collection. I'm interested in this set. My thinking is to keep the good ones and sell the not-so-good ones.

http://www.ebay.com/itm/25168738445...RK:MEBIDX:IT

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DavidZerbato's Avatar
United States
1081 Posts
 Posted 10/24/2014  3:52 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
It's an "ok" set if you want to just put a date set together. It has some of the harder dates,1869, 1871, 1872 etc.But it appears most are not problem free. If your goal is to be a nicer set together, say VF+ or even F+, then pass. If you are just interested in checking of your collection of Indian cents, then I would say my max would be a few hundred dollars. For the coins you will keep, you probably can get nicer examples individually for around that much.
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DVCollector's Avatar
United States
10045 Posts
 Posted 10/24/2014  4:03 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
From those pics, it's nearly impossible to assess grades of the semi-keys/scarcer dates like that 64-L--AG at best.
It would be far better to spend a few hours at a coin show and hand-pick the coins you want.
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bpoc1's Avatar
United States
4078 Posts
 Posted 10/24/2014  4:09 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
With the three FEC's their not cheap, any grade. This could be a good deal for less than $200. But ebay crazies will buy higher.
Hope other members chime in to help. I'm hoping for a good deal for you.
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edweather's Avatar
United States
7375 Posts
 Posted 10/24/2014  4:19 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Ok, I should clarify, a date set is all I'm looking for. I like problem free coins, but they don't have to be any better than G condition. Just to give some idea, I'm thinking a maximum of $300.
Edited by edweather
10/24/2014 4:35 pm
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bpoc1's Avatar
United States
4078 Posts
 Posted 10/24/2014  4:53 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
As DV stated,
Quote:
From those pics, it's nearly impossible to assess grades of the semi-keys/scarcer dates like that 64-L--AG at best.

Looks like it is up to you Edweather.
Either way, good for you.
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amida17's Avatar
United States
4897 Posts
 Posted 10/24/2014  4:56 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
Why just a date set?.....only 2 branch mint coins '08s and '09s......
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937 Posts
 Posted 10/24/2014  5:06 pm  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply
I think the bid is already getting very near top end. With the standards you are stating I would not go above $200 on a dare. I doubt if the 1864 L is an L, it could be but on a set like this I will always expect the L is not there. I would not bid more than $4 per coin. But that is just me.
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amida17's Avatar
United States
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 Posted 10/24/2014  5:31 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
Pick them individually. You will have WAY more fun! imho
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861 Posts
 Posted 10/24/2014  8:12 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
Last set, exactly like the one you're interested in, sold for $325:
http://www.ebay.com/itm/NEAR-COMPLE...047675.l2557

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mysilveryears's Avatar
United States
1888 Posts
 Posted 10/24/2014  8:21 pm  Show Profile   Bookmark this reply Add mysilveryears to your friends list Get a Link to this Reply
There are some serious problem coins in that set. The early ones pre-1880 are low grade and *everything* is hard to see in those photos. Selling sets like that is a familiar way for a dealer to offload culls. A hand chosen set would be competitive in price and soooo much more meaningful. Nothing there is rare.
There is not a coin in that set that I can't pick up locally in equal or better condition for $2 or (often) less.


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DVCollector's Avatar
United States
10045 Posts
 Posted 10/24/2014  8:23 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Selling sets like that is a familiar way for a dealer to offload culls.
And I wouldn't be surprised if someone bottom-feeds coin shows, assembles these sets, and eBays them for profit. There's too much overbidding going on just to "win" something--and lose your money.
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duncanbishop24's Avatar
United States
898 Posts
 Posted 10/24/2014  9:45 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
I would put them together piece by piece. It's more fun and you know what you're getting. I agree with Amida.
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edweather's Avatar
United States
7375 Posts
 Posted 10/24/2014  10:06 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
The feedback is much appreciated. Won't buy anything raw of value without posting here first. Unfortunately don't have much time to visit coin shows. I do attempt to minimize risk when buying online by doing my homework. So far so good. Agree that the semi-key dates look pretty messed up. Could probably snag a few good coins from the set and sell the rest and come out ok, but not paying more than $200. Have added IHCs to my "want list." So far I only have a 1902 well worn. Thanks again.

edit: The snipers took it up to $245 in the last seconds...I passed.
Edited by edweather
10/25/2014 12:26 am
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vermontensium's Avatar
United States
16679 Posts
 Posted 10/25/2014  12:28 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply

Quote:
edit: The snipers took it up to $245 in the last seconds...I passed.


Good call
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BluegrassRiver's Avatar
United States
324 Posts
 Posted 10/25/2014  08:05 am  Show Profile   Bookmark this reply Add BluegrassRiver to your friends list Get a Link to this Reply
You can also buy them one small group at time instead of one at a time. Often an auction will contain 5 or 6 or 10 or 12 IHCs in one auction. Buying one at a time of low grade would be too tedious. Look for the word lot, collection, or group in the title
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