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Fair price for “junk” Barber coinage
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Posts: 140 ✭✭✭
What’s a fair price for “junk” Barbers? I’m able to pick through so conditions are mostly good. On occasion I something a little better.
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Randoms
Posts: 140 ✭✭✭
Randoms
Posts: 140 ✭✭✭
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Dimes, Quarters or Halves?
If they are good, they aren't "junk". If they are truly "junk", they are 90%
If they are full good, 20x face, maybe a little more for dimes and quarters. Halves are more.
I suppose I paid about 24x face for this general quality. Full dates, readable. They should look nice enough in a folder. That’s an 1899o with some nice scratches on the back.
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FWIW I bought some junk Barber dimes on eBay for a project and a of them have been cleaned over the years.
Here's a small example of some of the "junk" silver half dollars that I picked up at my LCS a few months ago. As you can see, some of the Barbers are in pretty good shape. I paid the same price for these as I would for a Benjie a Walker or a 64 Kennedy. Of course when I can get a "junk" Barber that's in good shape, I will always snag those first. I also have a nice pile of "junk" Barber quarters and dimes. The dimes are usually extremely thin. However, I have not been to my LCS in months due to the pandemic.
When I look at my Greysheet, I see every single G4 Barber (10,25,50) listed with a dealer price over silver. For instance, the lowest price on a G4 Barber half was $12 (24x). I've sold common Walkers at junk prices, but I would expect more were I selling a worn Barber.
My strategy is about collecting what I intend to keep, not investing in what I plan to sell.
Silver is Silver!!
Yup I often buy them at spot....then wonder why once I realize how much silver is missing from them.
The whole worlds off its rocker, buy Gold™.
I have read various analyses that indicate an average of 5% loss for a cull from fresh strike.
TurtleCat Gold Dollars
I offer them bv
Love dem junkies! Can't beat the price,as well as, the fun picking through it. Just another pleasurable aspect in coin collecting. No hobby is better!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.'Junk' Barbers can make an interesting collection....I have found there is a fascination with old coins among non-collectors. Of course they think such old coins must be worth a fortune... usually disappointed to hear otherwise. Cheers, RickO
With silver as high as it is I would say they are presently just bullion buy items unless they are key or semi-key dates.
I’ve always been able to sell them at a small premium over X times face. It’s a good thing, because the worn slicks are often significantly underweight.
Bullion.