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 Replies: 26 / Views: 3,951 |
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Valued Member
Canada
103 Posts |
My last effort here on this type before I head off. I have called both a collector and a place that takes silver. (I have more than this page, I'm not going for just this page). Hypothetical. If you had this exact page, going by the information listed on each coin, what would YOU do? How much would you try to sell them for? I know it's a lot to ask. I've checked the online coin guides. Some of these are silver, while others are listed for decent money purely due to their MS-X grades. Key here is the info on the coin. I assume it is accurate as they were purchased from reputable shops. Thoughts? Ideas? Advice? (I hope we can read all the labels)  |
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Pillar of the Community
Canada
2301 Posts |
This is NOT the way to do this. No useful advise can be given when images are like this. The 1889 should not be sold to a dealer IMO.
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Pillar of the Community
Canada
1747 Posts |
Hi Noob, for the most part the QE2 silver coinage goes for spot pricing unless its been Third Party Graded (and high grade), the non silver coinage is hard to impossible to sell unless you have a key date (1991, 1973 large bust)The 1970 is a low mintage year, and may get something over face but the time it would take to tray and make 50cents or a dollar isn't really worth it.
For the QE2 coins look for the earlier years 53-56? there is a variety called NSF and is worth a premium in higher grades.
I coin roll search and see most of those dates no problem.
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Valued Member
 Canada
103 Posts |
I was specifically told to do it this way, on this very forum.
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Valued Member
Canada
103 Posts |
It seems the site people constantly recommend for pricing is actually useless.
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Pillar of the Community
 Canada
5585 Posts |
It is not the suggestions by members of this board who are useless. They are just reflecting REAL reality. Book prices are full-blown retail and almost ALL coins, except scarcities, can be bought at 60-70% of book. You can not value a coin by what it says in a guide ... you have to take what coins have ACTUALLY SOLD for, not the asking price. You can get those off ebay "sold" prices or the CoinsandCanada site where it will list some "sold" prices. And that is ONLY if the grades that are on the holders are correct and not inflated or "wished for". Anything that is not silver (after 1968) you can only expect face value or a small (maybe 10-20%) premium over face) unless they are actually mid-high MS coins. I've said before that you have a daunting task. It has been suggested that you try to weed out the common stuff .. that can be done easily by even looking at the book price. See which ones look to have a nice premium and set those aside .. an appraiser doesn't need to see those that approach face value. By weeding out the common stuff, your task will get much easier. But fly by the basic rule ... don't believe what's written on the holder for grade unless it is a known Third Party Grading Company ... and don't believe the inflated prices that are found in books, ebay asks, or Trends. Those only give you a relative full-blown price, not what they are "worth". |
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Valued Member
Canada
395 Posts |
What nickelsguy refers to is that this is a group photo of coins that will only be worth something in extremely high grade. It is already difficult enough to tell high grade from detailed individual pictures, doing it from a large group. When you post something like the 1889 it is a relatively low grade and with two decent pictures of each side, makes it easy to grade. This is most likely a melt and face value page in my opinion, the 1957 warrants some further looking but that's about it.
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Valued Member
Canada
103 Posts |
From the site I am directed to all the time, "Certified Auction Coin Prices" http://www.coinsandcanada.com/coins...Send=Search) from it's auction sales for this year, for the second coin on my page. 1960 / MS-63 for $9 It is drastically different than "face value"... the only conclusion I can draw is that you simply don't believe the grade is accurate. Is that not what it actually sold for this year? Or is the grade fabricated? Has to be one or the other.  |
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Valued Member
Canada
103 Posts |
Next Coin. 1961 / MS64 Sold 8 times for $12.50. Is that correct? If so is the grade on the coin wrong? That is this years information from what it says.  |
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Valued Member
Canada
103 Posts |
Next coin: 1962 / MS-64: Sold 7 times for $11.55 this year? Correct? So again, is the grade wrong?  |
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Valued Member
Canada
103 Posts |
Skip ahead a few. 1971 / MS-65. Sold 1 this year for $25, and 15 times in total for $25. So is the grade on the coin wrong?  |
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Valued Member
Canada
103 Posts |
How about a 1972 / MS-65? Sold 13 times for $15, and 3 times this year for $17.98. So is the grade on the coin wrong?  |
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Valued Member
Canada
103 Posts |
Isn't that what the ACTUALLY sold for? Or am I reading something wrong? Or is the grade wrong? Feel like I am going in circles here. One part of the equation has to be incorrect, otherwise they have sold for the values shown.
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Valued Member
Canada
103 Posts |
The key information in my original question (so I did not have to pull out and photograph everything one at a time) was to assume the info on the coins was correct. It literally says "going by the information listed on each coin". I didn't invent any of them, or write any of them, and I have to assume (as I have no reason to doubt) that they are correct.
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Valued Member
Canada
395 Posts |
A certified coin is not what you have and to do that costs money whether its ICCS, CCCS, PCGS, NGC. This going to cost you at cheapest $12 + tax + shipping both ways just to do that. So if you got $15 dollars for your certified coin from ebay after fees you would get less then $13 and since the cert cost more then that you would be losing alot of money every single coin. In addition to that there are only 3-7 coins sold per year so lets just say 1 sells ever 2 months what are the chances are that would be yours. So you would be losing money on every coin and it would still take you years to sell. This is why as I said the coins not made out of silver are face value and the coins made of silver are silver value. |
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Bedrock of the Community
United States
94367 Posts |
In the case of the coins you've shown us, that is sadly pretty much the case.  |
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Replies: 26 / Views: 3,951 |
Posted 04/26/2019 2:56 pm
