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Best way to disperse an old group of GSA dollars

seanqseanq Posts: 8,675 ✭✭✭✭✭
in U.S. Coin Forum

A friend reached out to me today, his mother has a group of 6 GSA dollars that have been sitting in a closet since the mid-1970s. He gave me the dates, 1878 and 1880 through 1884, six in total, all Carson City. Based on his description these are white coins, no monster toners.

I’m trying to give them a better option then taking them to one of the local hotel silver buyers. I’d like to help them get the most they can, without personally taking the risk of listing them on a site like eBay.

Any suggestions on potential value, and the best venue for them to sell? Would a site like GC take these uncertified, or would they submit them in the original holders before auctioning? All advice appreciated.

Sean Reynolds

Incomplete planchets wanted, especially Lincoln Cents & type coins.

"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
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Comments

  • jabbajabba Posts: 3,176 ✭✭✭✭✭

    It’s impossible to value with out high quality photos. I would look for a trusted coin dealer in your area and have them take a look


    https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923

    https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923

  • Walkerguy21DWalkerguy21D Posts: 11,467 ✭✭✭✭✭
    edited December 21, 2018 4:27PM

    I sold a similar group to a forum member this past year. He was paying a little more than dealers but less than ‘retail’, so it was fair to both parties.

    Edited to add - these were all basic white coins that I estimated as 63s. I still have one coin that I feel is a lock 65 that I am not selling as a generic GSA.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • blitzdudeblitzdude Posts: 5,956 ✭✭✭✭✭

    Try the BST thread, I am possibly looking for an 80 and 81 provided they are disinfected and not covered with any of the nasty tone.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • 291fifth291fifth Posts: 24,369 ✭✭✭✭✭

    These are common coins that have demand. Dealers know exactly what they are selling for at the moment. Find a local dealer that is known to pay based on the current market and sell them to him. Don't waste time and money trying to wring every possible cent out of them.

    All glory is fleeting.
  • jmlanzafjmlanzaf Posts: 34,558 ✭✭✭✭✭

    Run of the mill GSA dollars are I the $150 to $175 range these days. Very thin margins. You can probably find a dealer paying $140ish. Risk free and quick. You might find someone on BST at $175.

  • JimTylerJimTyler Posts: 3,433 ✭✭✭✭✭

    GC. Sell average coins raw. Slab shot MS65 better. I'd stay away from the BST any offers you receive will be low.

  • cheezhedcheezhed Posts: 5,849 ✭✭✭✭✭

    @jmlanzaf said:
    Run of the mill GSA dollars are I the $150 to $175 range these days. Very thin margins. You can probably find a dealer paying $140ish. Risk free and quick. You might find someone on BST at $175.

    I'd like to buy any at$150.

    Many happy BST transactions
  • UnknownUnknown
    This content has been removed.
  • cheezhedcheezhed Posts: 5,849 ✭✭✭✭✭

    @FadeToBlack said:
    I buy these for about what you'd get on eBay after fees and all. I sell them to a doctor I work with.

    I'll message you.

    How much is that?

    Many happy BST transactions
  • AUandAGAUandAG Posts: 24,780 ✭✭✭✭✭

    Great collections will get them graded (at a discount) for you and then auction them off. Great way to do it.

    If you want to price them and sell on the BST that would likely work as well but you'd need to be on the low end for the values (per solds).
    Ebay is not the risk you seem to think. They sell well on ebay and a 99 cent start would work just fine. Expect no more than $200 for the 2,3,and 4 if they are typical 63's. Then there is the fact that ebay and paypal charges you do sell so subtract 12% off the top. Or take the 12% off the top and sell on BST.... You or someone would have to compare and grade to be realistic on pricing on the BST.

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Pittstate03Pittstate03 Posts: 117 ✭✭✭
    edited December 21, 2018 10:00PM

    Give or take a few bucks...
    1878 - $450
    1880 - $400
    82,83,84 $175

    These are approximates. Lots of dealers I do business with will buy common GSA’s for at least $175.

    I know Fadetoblack buys a lot of GSA’s and would be fair.

    P.S. blu62vette is a good and fair person to deal with too.

  • TiborTibor Posts: 3,576 ✭✭✭✭✭

    I would pay 1880- $415, 1881-$415 1884-$175
    with PP. I pay insured tracking# postage or Fed Ex.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Isn't this a BST listing, as one member suggested a few days ago?

  • blu62vetteblu62vette Posts: 11,925 ✭✭✭✭✭

    I sent you an offer higher than the numbers posted here so far.

    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • seanqseanq Posts: 8,675 ✭✭✭✭✭

    To be clear, I don’t have the coins and was not looking for bids. A few of you have reached out via PM, I’m sending all of the offers to my friend as well as the option of consigning to auction. If the mods feel this should be moved to the BST forum because of the way the thread evolved I’m okay with that, it was certainly not my intention for this to become an auction.

    Sean Reynolds

    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • UnknownUnknown
    This content has been removed.
  • jdimmickjdimmick Posts: 9,691 ✭✭✭✭✭

    Some of the offers your getting are quite fair, when they come in I pay 150 to 160 on avg, more for nicer, and 140 for dogs
    these are the 82-84 dates

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,363 ✭✭✭✭✭
    edited December 22, 2018 7:05AM

    +1

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,363 ✭✭✭✭✭
    edited December 22, 2018 7:06AM

    -1

    (How to boost my post count without really trying ).

  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭

    A dealer’s online buying prices

    BU 1878 CC $ PAY GSA (BOX/COA) = $525 ~ (W/O BOX/COA) = $490 ~ AU/UNC = $ 150

     BU 1880 CC $ PAY  GSA (BOX/COA) = $435 ~ (W/O BOX/COA) = $410 ~  RAW/BU = $400 ~ AU/UNC = $ 275

 BU 1881 CC $ PAY  GSA (BOX/COA) = $415 ~ (W/O BOX/COA) = $390 ~  RAW/BU = $390 ~ AU/UNC = $ 325

 BU 1882 CC $ PAY  GSA (BOX/COA) = $190 ~ (W/O BOX/COA) = $185 ~  RAW/BU = $175 ~ AU/UNC = $ 125

 BU 1883 CC $ PAY  GSA (BOX/COA) = $180 ~ (W/O BOX/COA) = $175 ~ RAW/BU = $165 ~ AU/UNC = $ 125

 BU 1884 CC $ PAY  GSA (BOX/COA) = $180 ~ (W/O BOX/COA) = $175 ~ RAW/BU = $165 ~ AU/UNC = $ 125
  • cheezhedcheezhed Posts: 5,849 ✭✭✭✭✭

    @KollectorKing said:
    A dealer’s online buying prices

    BU 1878 CC $ PAY GSA (BOX/COA) = $525 ~ (W/O BOX/COA) = $490 ~ AU/UNC = $ 150

     BU 1880 CC $ PAY  GSA (BOX/COA) = $435 ~ (W/O BOX/COA) = $410 ~  RAW/BU = $400 ~ AU/UNC = $ 275

 BU 1881 CC $ PAY  GSA (BOX/COA) = $415 ~ (W/O BOX/COA) = $390 ~  RAW/BU = $390 ~ AU/UNC = $ 325
 
 BU 1882 CC $ PAY  GSA (BOX/COA) = $190 ~ (W/O BOX/COA) = $185 ~  RAW/BU = $175 ~ AU/UNC = $ 125

 BU 1883 CC $ PAY  GSA (BOX/COA) = $180 ~ (W/O BOX/COA) = $175 ~ RAW/BU = $165 ~ AU/UNC = $ 125

 BU 1884 CC $ PAY  GSA (BOX/COA) = $180 ~ (W/O BOX/COA) = $175 ~ RAW/BU = $165 ~ AU/UNC = $ 125

    Finally some realistic pricing.

    Many happy BST transactions
  • cheezhedcheezhed Posts: 5,849 ✭✭✭✭✭

    @jdimmick said:
    Some of the offers your getting are quite fair, when they come in I pay 150 to 160 on avg, more for nicer, and 140 for dogs
    these are the 82-84 dates

    Fair to who?

    Many happy BST transactions
  • Namvet69Namvet69 Posts: 9,010 ✭✭✭✭✭

    So we'd still like to see some pics of them there coins.

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Post pics and try selling them here !!! :)

    Timbuk3
  • bestdaybestday Posts: 4,239 ✭✭✭✭

    @jmlanzaf said:
    Run of the mill GSA dollars are I the $150 to $175 range these days. Very thin margins. You can probably find a dealer paying $140ish. Risk free and quick. You might find someone on BST at $175.

    generic GSAs continue to drop ,,,,,best bet is BST ,,,,,, dealers may low ball

  • blu62vetteblu62vette Posts: 11,925 ✭✭✭✭✭

    Actually generics are up when raw compared to a year or so ago. Graded 65's and 66's are in the tank.

    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • bestdaybestday Posts: 4,239 ✭✭✭✭

    @blu62vette said:
    Actually generics are up when raw compared to a year or so ago. Graded 65's and 66's are in the tank.

    nice ones are more ,,,for lotto plays for 64 ,65 etc ,,, purchased a 81cc GSA lotto that graded for a 66 ,,,,ebay has many sold at circa $ 200 ,,,,,,couple years ago that would have been 225 -250, even higher

  • cheezhedcheezhed Posts: 5,849 ✭✭✭✭✭

    @bestday said:

    @blu62vette said:
    Actually generics are up when raw compared to a year or so ago. Graded 65's and 66's are in the tank.

    nice ones are more ,,,for lotto plays for 64 ,65 etc ,,, purchased a 81cc GSA lotto that graded for a 66 ,,,,ebay has many sold at circa $ 200 ,,,,,,couple years ago that would have been 225 -250, even higher

    That $200 is higher than the offers posted here.

    Many happy BST transactions

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