What Would You Pay For This Group Of Coins?

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Author	Replies: 3 / Views: 1,125
MINT_MARQ Pillar of the Community United States 1000 Posts	Posted 05/22/2008 1:45 pm Kind of piggy backing off OneMoreRoll's Topic. If you had a chance to purchase this lot of coins what would you offer? Nothing spectacular but a lot in quantity Raw Coins 1x 1964 Kennedy half 28x 40% Kennedy halves 1x 1953 Franklin half 1x 1964 Dime 1x 1961 Quarter 1x 1948 Quarter 3 coin War Nickel Set 5 no date Buffalo's 3x wheat pennies (46, 53, 58) 1x 1902 V nickel 1x 1909 V nickel 2x 1982 George Washington Commemorative 90% Proof Sets 1x 1964 1x 1973 2x 1974 1x 1975 1x 1976 1x 1977 2x 1978 2x 1979 1x 1982 1x 1985 1x 1989 1x 1990 1x 1991 1x 1993 1x 1996 Uncirculated Mint Sets 1x 1972 Uncirculated Eisenhower dollar (Assuming Clad - not Silver) 1x 1973 Uncirculated Eisenhower dollar (Assuming Clad - not Silver) 1x 1970 2x 1971 1x 1973 1x 1974 2x 1976 2x 1977 2x 1978 2x 1980 1x 1984 1x 1987 1x 1988 1x 1989 1x 1990 1x 1992 1x 1993 1x 1995 1x 1997 Misc 1x 1972 Royal Canadian Set 1x Unidentified Apollo Commemorative coin I have never dealt in Proof sets or uncirculated sets before, so I would like some of your opinions on actual resale value of this lot. My intentions would be to try to make a reasonable profit from selling most of it. I offered to sell on consignment for this person, but they want to "get rid" of the whole lot outright. So I am considering buying and selling most of it. Thanks for any and all opinions. I am assuming the only mint set that is silver is the obvious 1964. Also I am assuming that all the raw coins are circulated, maybe G to F. Just for a starting point I was thinking about $225 - $250 do you guys think that this offer is too low? Edited by MINT_MARQ 05/22/2008 8:55 pm Report this Post to the Staff

BobK Valued Member United States 177 Posts	Posted 05/22/2008 10:40 pm Just a comment: If the 1972 and 1973 unc Ikes are in blue envelope mint packages then they're 40% silver. If the 1972 has an S mint mark it's definitely silver; if the 1973 has an S mint mark it's either a silver unc, silver proof or clad proof. If no mint mark or D, it's definitely not silver. Report this Post to the Staff
morgantype Valued Member United States 164 Posts	Posted 05/22/2008 10:54 pm I just got through buying sets of Proof coins, and I paid 205 for the 64 - 92 proof sets (SMS sets included). The 93 - 98 sets are the pricier ones (i.e. 12 - 20 each) I just priced out the UNC sets today, and I was looking at about 195 for the 68 - 89 sets. This is all full coin shop cost, the bid is probably a little less. If you are planning on selling them at the "retail" level or ebay, you could then pay more but you would have to sit on the money longer to make it all back. So, with that being said if you want to go to a coin shop and make some money, I would pay about 200 - 225 as this is all very common stuff and the shop would likely low ball you. If you wanted to sell it at "retail" you could probably get away with paying somewhere between 250 - 275 and make a little money. Hope this helps!! Overall, my take is if you are planning on turning over to a coin shop for a quic profit and thus be done with it, I would say you would need to offer Report this Post to the Staff
sfwusc Pillar of the Community United States 615 Posts	Posted 05/23/2008 4:47 pm I know nothing of the proof or sets. I wasy try to buy common silver coins at 9-10x face. Silver has jumped though so 11-12x might be the going price now. I haven't tried in a few weeks. I usually count the 40% halves as 20 cents and War Nickels as 7 cents. so 1x 1964 Kennedy half 28x 40% Kennedy halves 1x 1953 Franklin half 1x 1964 Dime 1x 1961 Quarter 1x 1948 Quarter 3 coin War Nickel Set 1.60 x 11= $17.60 3x12x.07x11= $27.72 28x.20x11=$61.60 so $107ish. Those War Nickels are hard to get rid of though. They are hard to melt they say. -SWUSC Report this Post to the Staff
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