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Replies: 16 / Views: 2,697 |
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Valued Member
United States
252 Posts |
This is my first Half Dime. I paid $43 at my LCS. It's a beautiful coin in hand. How did I do? I also picked the Monroe Half Dollar for $12. Grading Recommendations Greatly Appreciated!     Edited by RES 12/31/2019 2:12 pm
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Pillar of the Community
United States
745 Posts |
The Half Dime is a details coin with damage on both sides. The Monroe half dollar has been harshly cleaned. I think you paid too much for the Half Dime. The half dollar is worth silver.
Tim Hughes
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Bedrock of the Community
United States
94367 Posts |
The Half Dime is VF/XF details (multiple scratches), second is a details coin as well (harshly cleaned).
Edited by Coinfrog 12/31/2019 2:49 pm
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Valued Member
 United States
252 Posts |
The scratches don't show in hand on the coin. I can't photograph as well af I'd like. The scratches being what they are what would yal have paid for it?
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Bedrock of the Community
United States
94367 Posts |
I wouldn't have paid more than $10 for it. 
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Pillar of the Community
 United States
8938 Posts |
I work at an LCS. My opinion is you got ripped.
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Bedrock of the Community
United States
10635 Posts |
I am certain that your LCS is happy to have you as a new customer! Unless you're of mind to return it, if you're happy with the coin, that's all that really matters, yes?
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Bedrock of the Community
United States
20753 Posts |
Don't go back to that place for coins.
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Pillar of the Community
United States
1308 Posts |
Someone took advantage of you, way overpriced JMHO.
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Bedrock of the Community
United States
94367 Posts |
For $43, you were ripped off.
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Bedrock of the Community
United States
10982 Posts |
Hi RES - Don't despair because we've all done worse in the past. Were it not for the scratches, $43 would have been a fair price. As it is you have a $15 Half Dime IMO. The Half Dollar is a $7 piece. Most people learn by making mistakes and nobody is born an expert in anything except dirtying diapers. You will do better in the future because of this minor purchasing error.
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Rest in Peace
United States
18456 Posts |
Oh well we all learn by our mistakes , You'll get there . 
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Bedrock of the Community
United States
94367 Posts |
Take it back and ask for a refund. If he refuses, don't go back again. 
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Pillar of the Community
United States
2463 Posts |
that's a sweet old Half Dime, but I join with the consensus in that the price is too high on both coins due to damage. keep them where you can see them every day. those are lessons you have there, let them always remind you (until you think you have learned the lesson, at least). trial & error. I think most of us walk that path at least once. ..but, as you say: onward. if you stumble or fall, try to fall forward!
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Valued Member
 United States
252 Posts |
12 for the monroe seemed fair. I liked it as a pocket piece. I could have bought a very nice Columbus for 20, but I didn't want to ruin a nice half as a pocket piece. And honestly I didn't see the scratches until I photographed the Half Dime. Do yal have a pricing method for coins with damage like that? Something like graded price divided by two and you have fair price? I'm definitely on a budget so I can't buy just MS coins. I know that in order to get done if the coins that I want il have tp style with less desirable coins, but I don't want to be taken advantage of either.
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Pillar of the Community
United States
3843 Posts |
Personally I try to avoid damaged coins if possible unless it is rare and otherwise unaffordable on my coin budget. The damage can't be severe and the coin needs to have otherwise excellent eye appeal. If the coin meets the above criteria I want it for a deal, no more than 25% of what a undamaged coin would retail.
I would be careful of this dealer in the future. There are many that charge full retail for coins that should have been discounted for defects. Some dealers have entire stores of such coins that look good on first glance but always have something wrong with them. I am really lucky that I've found a coin dealer at a local coin show that treats me really well and doesn't sell junk and for this I give him a big chunk of my coin budget every month.
Edited by Joe2007 01/02/2020 7:21 pm
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Replies: 16 / Views: 2,697 |