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what do you think of my new gold puchase?

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    If you bought them all recently that is a large purchase!
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    lordmarcovanlordmarcovan Posts: 43,255 ✭✭✭✭✭
    image

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
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    TheRavenTheRaven Posts: 4,143 ✭✭✭✭
    WOW.....
    Collection under construction: VG Barber Quarters & Halves
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    Bought them all at once, think they are worth $40,000?
    Brett B wanabe coin guy
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    Very sweet!!!!!! Thank you for sharing!!!!!

    (happy thread)
    This is a very dumb ass thread. - Laura Sperber - Tuesday January 09, 2007 11:16 AM image

    Hell, I don't need to exercise.....I get enough just pushing my luck.
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    << <i>what do you think of my new gold puchase? >>



    I think if you need someone to put in your will I'll gladly volunteer.image

    Great coins.image
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    NumisOxideNumisOxide Posts: 10,991 ✭✭✭✭✭
    They all look nice.
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭




    Thanks in advance for the kind

    giveaway. PM me for my mailing

    address.



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    ecosecos Posts: 391
    Totally AT! image
    image
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    curlycurly Posts: 2,880
    I wish I had 'em. Very nice pickup. Congratulations.
    Every man is a self made man.
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>Bought them all at once, think they are worth $40,000? >>




    Depends. What grade was represented when they were sold to you? I'm not going to even begin to try

    and grade them based on the images I can see, but obviously they are nice looking coins. If they were all sold for

    MS65 money, retail they'd be maybe 10K-15K - high grade generic gold. 40K? I don't know, but if the 23 came back

    MS66, well...

    And of course, they're not wrapped in plastic slabs, so there is no market for them image

    Nice coins, BTW
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    some opinions on there value would be most appreciated,bottom line,worst case.Thanx BB
    Brett B wanabe coin guy
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    michaelmichael Posts: 9,524 ✭✭


    all have great eye appeal and from the photos a guesstimate would be choice to very choice to gem grades



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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>some opinions on there value would be most appreciated,bottom line,worst case.Thanx BB >>




    Let's start with your grades. Generic Saints in low grades get downright pricey in high grades.


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    xbobxbob Posts: 1,979
    The chocolate inside them is probably tasty.















    Just kidding.....Beautiful coins!
    -Bob
    collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
    The Low Budget Y2K Registry Set
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    coinguy1coinguy1 Posts: 13,485
    I can't grade the coins from the images, but, from the obverse image, the 1923 looks like it might have been cleaned.


    << <i>Bought them all at once, think they are worth $40,000? >>

    The odds, based upon the dates involved and the chances of their grading higher than MS64, tell me the far greater likelihood is that they are worth less than $7,000. I am getting a bad feeling about this. Sorry - I wish I felt otherwise.
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>I can't grade the coins from the images, but, from the obverse image, the 1923 looks like it might have been cleaned.


    << <i>Bought them all at once, think they are worth $40,000? >>

    The odds, based upon the dates involved and the chances of their grading higher than MS64, tell me the far greater likelihood is that they are worth less than $7,000. I am getting a bad feeling about this. Sorry - I wish I felt otherwise. >>




    I'm with you, although I was trying to kinda back into it more gracefully image



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    lets get this straight,1908 1923 1910-d 1928 1924 1914-s and a1922 with the pics you saw,under $7,000?
    Brett B wanabe coin guy
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    Comon lord I would like youre opinion,BB
    Brett B wanabe coin guy
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    dthigpendthigpen Posts: 3,932 ✭✭


    << <i>lets get this straight,1908 1923 1910-d 1928 1924 1914-s and a1922 with the pics you saw,under $7,000? >>



    Pretty much, yep. You got Screwed(tm) (If you actually paid anywhere near $40k for them, that is)
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    How about if i paid $6000,how about that?
    Brett B wanabe coin guy
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    dthigpendthigpen Posts: 3,932 ✭✭


    << <i>How about if i paid $6000,how about that? >>



    Then you probably would have done fine, but you should submit them to PCGS and see exactly how fine you did.
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    coinguy1coinguy1 Posts: 13,485


    << <i>lets get this straight,1908 1923 1910-d 1928 1924 1914-s and a1922 with the pics you saw,under $7,000? >>

    Absolutely.

    Unless some of them grade MS65 or higher (and I seriously doubt that they will) the group is worth less than $7000, possibly by a good bit. You are starting to confirm the concerns I expressed in my previous post. This is also starting to look like one of those all-too-frequent situations where a buyer thought he was getting a great deal, when in fact he was getting a very bad one.

    If you can return the coins and get your money back, I'd urge you to do so. I imagine the seller will work very hard to discourage you from doing that. However, please keep in mind that I/we have no reason to mislead you - there is nothing in it for us. The same cannot be said for the seller.
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>How about if i paid $6000,how about that? >>




    Depends on grade, which is hard (actually impossible) to determine without the coins in hand. $850 to $900 dollars each, assuming that they

    are not cleaned, seems a fair price. They all seem to have nice unmarked surfaces- although I think that one poster described one as looking

    cleaned- I think that you are OK. I don't think you were ripped, nor did you necessarily get a rip - just a reasonable retail exchange of gold for cash.

    JMHO

    BTW - couldn't hurt to send 'em out for TPG authentication and grading - if they are choice to gem, you will increase the resale value more than the cost

    of grading/ slabbing.

    Again, JMO









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    mozinmozin Posts: 8,755 ✭✭✭


    << <i>

    << <i>I can't grade the coins from the images, but, from the obverse image, the 1923 looks like it might have been cleaned.


    << <i>Bought them all at once, think they are worth $40,000? >>

    The odds, based upon the dates involved and the chances of their grading higher than MS64, tell me the far greater likelihood is that they are worth less than $7,000. I am getting a bad feeling about this. Sorry - I wish I felt otherwise. >>




    I'm with you, although I was trying to kinda back into it more gracefully image >>

    Even if they all make MS64, they are worth less than $6,000 total raw. I sure hope that $40,000 figure was not real.image
    I collect Capped Bust series by variety in PCGS AU/MS grades.
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    ....I think you got some very high grade gold here; ship them off to PCGS and then rub them in the face off the jealous lowballers when you double your money !! image
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>....I think you got some very high grade gold here; ship them off to PCGS and then rub them in the face off the jealous lowballers when you double your money !! image >>






    I for one am not jealous - I have no horse in this race image

    Like I previously said - send 'em off for grading and authentication - I hope that

    they come back high grade. Since I have no idea what you paid, I don't know what

    you'll need to double your money. I hope you can. PCGS is the best choice, IMO.





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    dthigpendthigpen Posts: 3,932 ✭✭
    ttt, since bfb is looking to buy more common date gold...
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    Hello lord,I want youre opinion on those Gaudens from yesterday,besides a happy face with hearts,its not st. valentines day yet,get back to me.thanx
    Brett B wanabe coin guy
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    if they are all commons and raw the highest grade i could give without an expert is 63 so 650.00 a piece does that sound close to what you would pay for slabbed pcgs 63 st guardians?
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    MadMartyMadMarty Posts: 16,697 ✭✭✭
    So are you going to share what you paid?
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

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    dthigpendthigpen Posts: 3,932 ✭✭


    << <i>So are you going to share what you paid? >>

    See this thread to continue the drama, Marty

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