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 Replies: 17 / Views: 3,675 |
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Pillar of the Community
United States
5838 Posts |
I was watching an online auction last week that had a "MEGA 20th CENTURY U.S. TYPE SET 36 COIN COLLECTION" up for sale. I'll post the description and pictures provided below, but I'm wondering what people might guess the item eventually sold for and how much you personally would be willing to pay for it based on the description and images provided. I will later post what the actual selling price was. I will say up front that it sold for a lot more than I expected, but maybe I'm just missing something here. I suppose if all the coins (including the 1917 Standing Liberty quarter Type 1 and the 1913 Buffalo nickel Type I) were really all in AU/BU condition as claimed it could have a decent amount of value... Quote:
MEGA 20th CENTURY U.S. TYPE SET 36 COIN COLLECTION
A SET OF QUALITY EXAMPLES FOR EVERY COIN, AU/BU AND CLEAN PROOFS. THIS TYPE SET HAS: PENNIES 1901 INDIAN HEAD, 1909 VDB WHEAT, 1956 WHEAT, 1943 STEEL WHEAT, 1945-S SHELL CASE, 1981-S MEMORIAL, 1982-S ZINC; NICKELS: 1883 LIBERTY HEAD, 1913 BUFFALO MOUND, 1938-D BUFFALO NO MOUND, 1961 JEFFERSON NO INITIAL, 1981-S, 1943-S WARTIME; DIMES: 1915 LIBERTY HEAD (BARBER), 1945 MERCURY, 1961 SILVER ROOS., 1981-S CLAD ROOS.; QUARTERS: 1916 BARBER, 1917 STANDING, 1926 STANDING, 1961 SILVER WASHINGTON, 1981 CLAD WASHINGTON, 1976 WASHINGTON; HALVES: 1912-S BARBER, 1937 WALKING, 1961 FRANKLIN, 1964 KENNEDY, 1965 SMS KENNEDY, 1981-S CLAD KENNEDY, 1976-S KENNEDY; DOLLARS: 1921 MORGAN, 1923 PEACE, 1971-S EISENHOWER, 1977-S EISENHOWER, 1976-S EISENHOWER AND 1981-S SUSAN B. ANTHONY      |
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Pillar of the Community
United States
1512 Posts |
Maybe the 81-s Kennedy and Susan B are type 2's?
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Pillar of the Community
 United States
5838 Posts |
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Maybe the 81-s Kennedy and Susan B are type 2's? Maybe, but how would you know from the pictures and description provided? |
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Pillar of the Community
Canada
5417 Posts |
I can see this realizing maybe $150-$200 on ebay though I would personally pay less. Guessing from what you said this probably went for $300+. |
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Rest in Peace
 United States
1380 Posts |
zxcccxz, I think you are seriously undervalueing this. Without opening any books, I would of the top of my head give a book value of closer to $500-$800 for these coins, and the Capital holder is about $90. I'ld guess an ebay sale of at least $500. The AU/BU Barbers and Standing Liberty's run it up. Edited by jgfindring
03/31/2015 12:11 pm
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Pillar of the Community
United States
1949 Posts |
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Moderator
 United States
23522 Posts |
I could not in good conscience recommend anyone reading this ever bid on something like that. You haven't the slightest idea whether the coins are even real, much less attempt to grade. So any bid I considered would be based on melt; let somebody else throw their money away.
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Bedrock of the Community
United States
11951 Posts |
Very nice looking set. One that would be nice to own. But I am with SsuperDdave on this one. If you buy it, it should be at the right price. There are five coins that going to make or break the price of this set. Barber Half, Quarter and Dime. Two Standing Liberty quarters. From what I can see, the Barber Half looks like it could have problems. If I was buying this set, I would look at greysheet with the lowest possible Grade I think this five coins could be, then buy back of that price. The rest of the coins I would pay a little above melt or face. And then some for the holder. With out knowing the grade of those five coins, would be very hard to come up with a fair price. |
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Pillar of the Community
United States
1566 Posts |
It looks like one of those novelty sets they sell on QVC.
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Pillar of the Community
United States
8515 Posts |
$1,645.00 If I have this right, you're giving your avatar coin to the closest guesser...  Oregon coin geek.....*** GO BEAVS ! ! ! ***
Edited by 52Raymo
03/31/2015 1:30 pm
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Pillar of the Community
United States
5838 Posts |
Quote:
I could not in good conscience recommend anyone reading this ever bid on something like that. You haven't the slightest idea whether the coins are even real, much less attempt to grade. So any bid I considered would be based on melt; let somebody else throw their money away. *DING* *DING* *DING* This is exactly what I was thinking when I posted this. Just FYI, this wasn't an ebay sale, it has already ended, and the sale price was significantly higher than most of the guesses so far... |
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Pillar of the Community
United States
8515 Posts |
Am I getting closer ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
5838 Posts |
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Am I getting closer ? Sorry, I didn't see your post when I posted my last message. It wasn't actually THAT outrageous... The actual sale price was $901 plus a 19% "Buyers Premium" of $171.20, bringing the total to $1072.19 (not including the $18 shipping fee). As I said, I can kinda sorta see how it might possibly have some significant value if the stars aligned in the just the right ways and you made a bunch of unwarranted assumptions as to types and grades, but as SsuperDdave pointed out I just can't imagine anybody paying that much money without knowing exactly what each coin was like. |
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Moderator
United States
23522 Posts |
I wonder (being kind) if this specific set has a collectability factor like some Capitol stuff. Otherwise I'm just  here. |
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Pillar of the Community
United States
5838 Posts |
I actually would have been a buyer at $200-300, figuring the melt value and the chance that at least some of the older coins were in decent condition might make it worth the risk. My jaw just kept dropping lower and lower as I watched the bidding proceed, however.
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Pillar of the Community
Canada
5417 Posts |
Quote:zxcccxz, I think you are seriously undervalueing this. Without opening any books, I would of the top of my head give a book value of closer to $500-$800 for these coins, and the Capital holder is about $90. I'ld guess an ebay sale of at least $500. The AU/BU Barbers and Standing Liberty's run it up. I just quickly calculated the value based on spot, off the top of my head. They're obviously worth more, but a bunch of them are likely cleaned and not BU, I'm sure they're worth more than the $200 I said, but I'm too lazy to do the math  |
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Replies: 17 / Views: 3,675 |
Posted 03/31/2015 11:40 am
