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About Good Condition Value Chart Or Rule Of Thumb?

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New Member

United States
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 Posted 05/24/2020  09:34 am Show Profile   Bookmark this topic Add Larry Gosnell to your friends list Get a Link to this Message Number of Subscribers
Is there a coin value chart for AG (About Good Condition)? Most seem to start at Good Condition and go up from there. What is the rule of thumb on ag condition. 50% of Good Condition Dollar Value? Example: 1867 Indian Head cent. Most charts list about $50 for good condition although I have also seen $37 for good condition. Lets say $50. What would the about good condition value be. Pictures included of example coin.

Appreciate the help for this newbee.
About-Good-Condition-Value-Chart-Or-Rule-Of-Thumb?
About-Good-Condition-Value-Chart-Or-Rule-Of-Thumb?
Edited by Larry Gosnell
05/24/2020 09:36 am
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hfjacinto's Avatar
United States
7276 Posts
 Posted 05/24/2020  09:40 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Honestly that coin is nothing but a filler, I think you would be lucky to get a few dollars for it.
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United States
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 Posted 05/24/2020  09:49 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list Get a Link to this Reply
Good luck with finding an 1867 Indian Head cent with a good clear date and no major damage or corrosion for a couple of dollars. I know it's a filler but still. a couple of dollars? It's for my #2 Indian Head cent album which is mostly only good condition coins.

So a good condition coin that is listed at $50 dollars, would only be worth around $2 dollars in about good condition. That surprises me.
Edited by Larry Gosnell
05/24/2020 10:00 am
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hfjacinto's Avatar
United States
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 Posted 05/24/2020  10:06 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I collect Indian heads and I wouldn't keep that coin. If I was collecting IHC I would buy a better one so yes to me it's only worth a few dollars.
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 Posted 05/24/2020  10:19 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list Get a Link to this Reply
I collect Indian Head cents also and have Two albums. The first album I try and collect F to VF-XF. The #2 album is for less than F condition coins..mostly good condition. The 1867 year is one of those more valuable years. Fine to Very Fine $105 to $130. XF $200. That's probably not the sell price. I just thought the ag condition in the 1867 year coin would be worth more than a few dollars, guess it all depends on what a person is trying to put together. There should be a standard for condition and value, even for AG condition coins.
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hfjacinto's Avatar
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 Posted 05/24/2020  10:29 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I'm not denying that the 1867 isn't a semi key date, but it's not a 1872 or 1873. You can find a nice good /vg one for under $50. So an AG isn't worth what the 1877 is. I picked up a G6 for $40, why would I pay $20 for an AG?
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 Posted 05/24/2020  10:42 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list Get a Link to this Reply
I understand that, but for those that are on a tighter budget than you or don't want to invest quite as much into putting a #2 collection together, I would have thought that in the 1867 semi key date year would be worth more like $20 than $2 or $3 in AG condition. That's the problem I have, not knowing the value of AG condition coins. Looks like there would be a general rule of thumb for AG condition as opposed to the listed Good Condition value.
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hfjacinto's Avatar
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 Posted 05/24/2020  11:16 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
There are price guides for higher value coins (like the 1877 or 1913 S bison nickel) but for semi keys I think it more a free for all. If you think it's worth $20/$30 you can put it for sale on ebay. Chances are someone will buy it.
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Zurie's Avatar
United States
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 Posted 05/24/2020  11:22 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
A reasonable question for a semi-key date coin. It probably varies depending on the scarcity of the date and the eye appeal of the AG coin. Best approach might be to look at similar condition coins of that date on ebay sold coins.
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 Posted 05/24/2020  11:29 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list Get a Link to this Reply
More on this conversation. Just looked at a few price guides. 1867 G4 good condition listed at $53. G8 very good condition listed at $75. The difference between G8 $75 and G4 $53 is $22. So question is what would the value of a G2 about good condition coin be? If I subtract the $22 from the G4 Good condition price ($53 minus $22) I come up with $31. Would $31 be a reasonable price to assume for a G2 about good condition 1867 coin. As a book price, not a sell price?
Edited by Larry Gosnell
05/24/2020 11:32 am
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 Posted 05/24/2020  11:30 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Good means exactly that, good, anything less is no good, not collectable,just because a coin is identifiable doesn't make it desirable.
The coin in the pics is Fair not About Good.
Parts of the legend are not just extremely weak, they're gone.
IMO value of such a coin is about 25% of Good or less, a temporary hole filler only.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
05/24/2020 11:35 am
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hfjacinto's Avatar
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 Posted 05/24/2020  11:35 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Most price guides are higher than actual prices. I got a g6 1877 for $270, it's price guide is over $500. I got the 1916 D Mercury dime for $390 in G4, it's usually $600. See price guides aren't exactly accurate.
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 Posted 05/24/2020  11:36 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list Get a Link to this Reply
25% of G4 $53 is $13.25. I paid $13 + 0.50 shipping. $13.50
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 Posted 05/24/2020  11:39 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I just looked at ebay sold. Your coin sold at $16, and similar condition coins sold between $10 and $20, so that seems to be the right ballpark.
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hfjacinto's Avatar
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 Posted 05/24/2020  11:41 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
For $13.50, I would still pass. In the end this is just a hobby, if your happy, then that's what matters. I buy all my stuff for me not for anyone else.
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 Posted 05/24/2020  11:53 am  Show Profile   Bookmark this reply Add Larry Gosnell to your friends list Get a Link to this Reply
Listed at $16.99. I paid $13.00 + 0.50 sh. So not even about good G2 condition which I thought it was. I guess a fair condition coin is G1? and therefore about 25% of the G4 good value price. The worst condition possible or just above junk. Oh well it still has a good clear date and a semi key date and some value to me. Thanks for the input and education.
Edited by Larry Gosnell
05/24/2020 11:54 am
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