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 Replies: 25 / Views: 2,446 |
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Pillar of the Community
United States
1984 Posts |
If you are talking resale DO NOT rely on the PCGS guide for your prices at full value. PCGS prices are widely viewed as 'optimistic', although I prefer the term 'fictional.' In my experience pcgs prices are 10-30% over what I end up paying, so to make money--or at least money that is worth your time and provides a decent return on your capital--you have to take the PCGS prices and basically cut them in half. Look at completed auctions on ebay as one guide (but not the only one). Invest in a dealer's grey sheet. Are any of the 1970 sets the small date variety? What condition are the envelopes? Some of the coins (the 1973 Ikes) sell for more than the sets if they're in premium condition. If you are just trying to turn a quick buck without learning about the best way to do, I'm afraid you'll end up disappointed. |
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Valued Member
 United States
228 Posts |
My main goal in this is the make somewhat of a profit. I know that it will not be that high but I am looking for all and any ways to pay for school. haha. I dont think that there are any small dates in the lot but the envelopes are said to be okay,
"All are in the original US mint packaging and the outer packaging on some of the early years do show ware or may have a not on them from previous owners."
What would you offer? I dont think he will sell for under 950.
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Pillar of the Community
United States
2335 Posts |
I'd check the current sale prices of the sets on ebay, add 'em all up & cut that number in half. Even then you won't be making much per hour, once you figure in listing fees & gas for trips to the post office. |
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Moderator
 United States
188660 Posts |
Quote: If you are talking resale DO NOT rely on the PCGS guide for your prices at full value... Look at completed auctions on ebay as one guide (but not the only one). Invest in a dealer's grey sheet.  I did a very quick browse of the completed ebay auctions on mint sets and I still feel $500 would be the right price if your intention is to profit from these. Having the three 1976 Silver sets and 28 sets with 40% silver Kennedy half dollars might make the lot more valuable. The six 1970 sets (with the "key-date" 1970D Kennedy half dollar) could resell for $15 each. Quote:
Some of the coins (the 1973 Ikes) sell for more than the sets if they're in premium condition Another thing you might consider doing, and IMHO could be fun, is breaking theses coins out of their OGP. Build some albums or sell the key dates individually. You might even find a few of those Ikes or SMS coins are worthy of certification and higher resale; it really depends how cherry-picked these sets are. You might even find that you want to keep an album for the long run, and fill in the missing dates.  |
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Pillar of the Community
United States
6326 Posts |
Jbuck..... Congrats on the 1000th post my friend !!  ..... ......
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Moderator
United States
188660 Posts |
Quote:
Congrats on the 1000th post my friend ! Thank you!   |
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Pillar of the Community
United States
3234 Posts |
You will have a hard time making a profit unless you're buying them at least 30% in back of wholesale Bid.
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Valued Member
United States
228 Posts |
Hey guys, here is the seller. I dont know if any of you have bought from him yet: on ebay: jbones92024 |
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Valued Member
United States
429 Posts |
jbuck brings up a good point, you may want too look into breaking a few of those down into albums. Since they are coming out of mint sets most of them should be higher quality coins that together may look more pleasing to some buyers. The idea of picking up an album with 30 years of coins (all mints) is a great selling point. I would only say this because you are buying multiple sets of each year and could put together 6 or so albums from them alone.
But listen to everyone else, it seems that sets are at a lower price right now and a profit would be tough with not much or a gain up front from your original purchase.
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Valued Member
United States
164 Posts |
If it isn't too late, I just got a 64 - 98 run of proof sets for about 325 for all of them. This should give you a frame of reference for how much you may be able to sell them for. The good ones are the 92 - 98 sets.
Hope this helps.
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Replies: 25 / Views: 2,446 |
First Page
Posted 05/21/2008 7:59 pm
