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1969-P BU Gem On Ebay

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James97's Avatar
United States
18 Posts
 Posted 01/10/2009  7:04 pm Show Profile   Bookmark this topic Add James97 to your friends list Get a Link to this Message Number of Subscribers
Just wondering on ebay they have auctions for a 1969p bu gem starting bid .99 cents. Would this be to much to pay for these type of coins. Also have a 2007s Lincoln Memorial cent starting bid is 2.99. Wondering if this would be a good buy or if it would be to much. What you think.
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Morgans Dad's Avatar
United States
5602 Posts
 Posted 01/10/2009  7:27 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
James, welcome to the forum, I would look at it this way, one of the only ways you are going to get the 2007 in bu condition, is to roll search and find a BU, or buy the coin it self like you are saying on ebay for $2.99 or buy the mint set and break it up and, if you collect more than the cents, you could use the rest of the set for your other albums, or sell off what you do not use from the set you buy.i collect mint/proof sets and the 2007 mint set is around $27.00.
What ever you do, enjoy the whole experience from locating the coins to placing them in your albums and enjoying the view, when you have done so, good luck, Mike...
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BH1964's Avatar
United States
10982 Posts
 Posted 01/10/2009  7:53 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Please post a link to the auctions. The shipping cost should always be factored into the cost. Also good pics are a must.

If these are certified (slabbed) coins and the shipping price is very low then the price is fine!

If they're raw with $4.99 shipping, the price is high!
ANA #R3154474
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BadThad's Avatar
United States
19930 Posts
 Posted 01/10/2009  7:54 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Just go to the bank and get some rolls. Eventually, you'll find these and probably in better condition.....and definately cheaper. LOL
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James97's Avatar
United States
18 Posts
 Posted 01/10/2009  7:58 pm  Show Profile   Bookmark this reply Add James97 to your friends list Get a Link to this Reply
It has free shipping. I just bought the 1969p for .99 cents. I tried to post a link but I cant get it to work right. It will post the information but not the pictures. They look good a lot of luster to them.
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KurtS's Avatar
United States
5318 Posts
 Posted 01/10/2009  7:59 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Buying single LMCs on ebay strikes me as needless because of shipping costs.
The easiest place to find these is by going through dealer's stock at shows.
There I've bought a nice set of 60s-70s UNC LMCs for .25-.50 each.
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James97's Avatar
United States
18 Posts
 Posted 01/10/2009  8:04 pm  Show Profile   Bookmark this reply Add James97 to your friends list Get a Link to this Reply
Thanks KurtS I'm going to a show next weekend and I will look for some.
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coinblogger's Avatar
United States
88 Posts
 Posted 01/10/2009  9:46 pm  Show Profile   Bookmark this reply Add coinblogger to your friends list Get a Link to this Reply
BadThad,

You mentioned about getting some rolls from the bank and finding a 2007. WOuldn't these have to be circulated? Is it possible to deem a coin to be uncirculated just because it still looks like a bu even though it was in circulation?

Thanks for your help,
Fred
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ceaton's Avatar
United States
1179 Posts
 Posted 01/11/2009  12:11 am  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
Oh no, do not ask that question on this forum :) :) JK, any question is a good one.

It is my opinion that you can find BU coins in circulation! There, I said it!

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cladking's Avatar
United States
2270 Posts
 Posted 01/11/2009  01:20 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
A coin is uncirculated until the luster is broken on the high points. A Unc 1909 penny could still be found in circulation if no one saved it and it was always handled by its edge. Of course this is impossible because someone would grab it and everyone wouldn't handle it carefully.

Usually coins can trade hands about six times before the luster becomes broken. Of course most cents will just get tossed in a jar and if the jar gets moved around a lot then the coin will become worn. If it sits without being disturbed it might be released years later and still unc.
Time don't fly, it bounds and leaps.
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coinblogger's Avatar
United States
88 Posts
 Posted 01/11/2009  08:06 am  Show Profile   Bookmark this reply Add coinblogger to your friends list Get a Link to this Reply
Thanks Cladking. Very helpful explanation.
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