Buy/Sell % Based On PCGS Pricing: Lincoln Cents

Are they raw or slabbed? I'm guessing raw, but obviously it makes a difference. At the very least I would offer as though they are VF unless you are extremely confident in your grading. I'd recommend looking up the semi key dates on ebay (past sales not current ones) to give you a realistic idea of what they sell for. On top of everything else I'd want an extra discount off what I'd normally offer if I was buying each coin individually since you are buying a whole set. The idea being that you are doing him a favor by taking them off his hands all at once saving him the hassle of selling them one by one (with a lot of common dates being nearly unsellable) justifying the discount.

Also depends on if this is a friend or someone you know well vs. a stranger. It is worth paying a little more to someone you are friendly with to keep the relationship on good terms as you don't want them feeling taken advantage of down the road (even if you did no such thing). With a stranger you get the best deal you can.

Have you personally graded each one and are satisfied with the EF designation? Many MM issues show a big price increase between VF and full EF. Be careful.

I have seen the raw set in hand. All coins are XF. I own another full set of XF-AU Lincolns, with all keys, and this is another nice set minus the keys.

All coins are original... nothing cleaned. The seller is an acquaintance that buys and sells coins at a flea market. I've known him for years.

My question isn't so much related to the grade, as it's a general question based of % of a price guide. In this case I'm talking about PCGS since I've already downloaded the entire guide to Excel. So you might say 40% or 50% or 60%, etc...

Price the set via the semi keys in XF. Unfortunately, the remainder, are just commons.

Buy price at 70%.

UNLESS, there is some seriously NICE coins, the set is not work more than the semi keys.

I was curious, so I added up the FMV prices for the coins, minus the four keys you mentioned. The total came to: $1352.31

That assumes, just to be clear, that the set consists of 83 coins, including the semi-key dates of 1909-S, 1910-S, 1911-D, 1911-S, 1912-D, 1912-S, 1913-D, 1913-S, 1914-S, 1915-P, 1915-S, 1921-S, 1923-S, 1924-D, 1924-S, and 1926-S, which are all valued at over $25 each, the 1909-S being the most valuable at $162 (one might consider the 1909-S to be a key date).

I think $1000 would be a fair offer. He would probably not receive more from a coin shop.

~ Mark

P.S. I did double check the calculation, but just in case I'm posting the numbers below. I could not figure out a way to copy the text from the Microsoft calculator, so it's an image.

Good points BH1964 - thank you.



And acloco.

The FMV for the semi-keys I listed above, plus 1915-D and 1917-D = $901.60

And 75% of that total = $676.20, so I see where you guys are coming from.

I passed on an 09 to 1940 set, minus S VDB & 14 D. Semi keys were G/VG. I passed at $110.

Also remember, grading fees. Subtract grading fees from the XF semi key price, then at 70% max, you have your price. At $15 to $35 per slab, the price comes down dramatically.

Don't forget liquidity. How easy is it to sell ANY coin, regardless of grade. (or any item for that matter)