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How much is this worth?

291fifth291fifth Posts: 24,461 ✭✭✭✭✭

Have you noticed how nearly all the new posters just want to know how much they can get for something? As soon as they find out there is no money in what they are showing they quickly disappear. Is all the publicity about absurdly high prices for collectible items such as coins attracting a new group of individuals whose only goal is quick profits?

All glory is fleeting.

Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    The quick answer is 'Yes'. They see an odd coin and immediately think of the news articles that proclaim the occasional real error or rarity as found treasure. In their excitement, they seek input and find this forum. Then, after the sad news, they go back to their daily lives - they are not coin collectors, they are opportunists. Cheers, RickO

  • WaterSportWaterSport Posts: 6,857 ✭✭✭✭✭

    Just look at the stupid values being asked on eBay. Sure - some are scams, and the rest are stupid. What I don't understand is if you heard about a coin on social media - how come you can not bring yourself to do the research and find out what its worth on social media ?????

    https://ebay.com/itm/373621697448?hash=item56fd96aba8:g:wl0AAOSwSiBgz6vB
    WS

    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    I've noticed.

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    @WaterSport said:
    Just look at the stupid values being asked on eBay. Sure - some are scams, and the rest are stupid. What I don't understand is if you heard about a coin on social media - how come you can not bring yourself to do the research and find out what its worth on social media ?????

    https://ebay.com/itm/373621697448?hash=item56fd96aba8:g:wl0AAOSwSiBgz6vB
    WS

    The seller's other stuff is just as stupid

    Frank

    BHNC #203

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    For every one who shows up here, hopefully there are some who know a coin collector to ask...

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭

    For new collectors who appear to have a legit question regarding value, I try to be straight forward and add a little educational info or links. Maybe it will spark a flame in a few of them.

    I try to avoid the snark and sarcasm until there is a reply like "but didn't you see...", "but the dealer/YouTube said its worth $$$" or "I've never seen anything like it, it must be rare"

    Member of the ANA since 1982
  • coinbufcoinbuf Posts: 11,580 ✭✭✭✭✭
    edited October 26, 2021 9:27AM

    I see a lot more of these type of posters on the NGC forum than I do here, the really ridiculous ones are those that post the same coin on coin talk, NGC, here, and who knows how many other places. On the NGC forum there is at least one person per week asking about how to verify their 1982D sm date copper cent. None of these folks care about doing any sort of research (you want them to displace a finger with all those mouse clicks!!), just get rich quick opportunists.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • hummingbird_coinshummingbird_coins Posts: 1,228 ✭✭✭✭✭

    @291fifth said:
    Have you noticed how nearly all the new posters just want to know how much they can get for something? As soon as they find out there is no money in what they are showing they quickly disappear. Is all the publicity about absurdly high prices for collectible items such as coins attracting a new group of individuals whose only goal is quick profits?

    I have seen lots of videos on YouTube that say you might have an ultra rarity in your change (which are probably just there to get views, not to actually inform people) Non-collectors want to know if their 1969 penny is a doubled die after watching a video.

    Young Numismatist • My Toned Coins
    Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled

  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    All that hoard coins are not collectors.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    It's very prevalent today.
    Most people find anything out of the ordinary and think they can retire early.
    I happened to be at the bank today and the man in front of me was loudly and obnoxiously bragging about a $15,000 buffalo nickel he had recently found in his store's receipts.
    It was a well worn 1935, VG.
    I desperately wanted to crush his hopes but he wouldn't have believed me anyway so I just kept quiet.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @coinandcurrency242 said:
    I have noticed a lot of them have an emoji face for their profile pictures as well.

    Isn't that the default when you create a new account?

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • ThreeCentSilverFLThreeCentSilverFL Posts: 1,694 ✭✭✭✭✭

    I’m skeptical by nature. I always think they are ALTs and pass on by.

  • jmlanzafjmlanzaf Posts: 35,329 ✭✭✭✭✭

    @moursund said:

    @coinandcurrency242 said:
    I have noticed a lot of them have an emoji face for their profile pictures as well.

    Isn't that the default when you create a new account?

    Yes

  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    There's been an awful lot of them posting of late. I think most aren't even legitimate posts-they are posting just to waste our time and efforts.

  • CoinscratchCoinscratch Posts: 9,010 ✭✭✭✭✭
    edited October 26, 2021 4:26PM

    Yea, it wasn't the money that got me interested. No, not at all.
    It was the thought of all that money that I could be spending, on money.
    Then of course the historical coins from the bronze age. That really got my attention.

    Edit, I get what your sayin' but don't write them all off :)

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    Maybe we can have our hosts set up automated detection and reply to these 1st posts with no images and certain words in the topic...

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • SmudgeSmudge Posts: 9,617 ✭✭✭✭✭

    @mannie gray said:
    It's very prevalent today.
    Most people find anything out of the ordinary and think they can retire early.
    I happened to be at the bank today and the man in front of me was loudly and obnoxiously bragging about a $15,000 buffalo nickel he had recently found in his store's receipts.
    It was a well worn 1935, VG.
    I desperately wanted to crush his hopes but he wouldn't have believed me anyway so I just kept quiet.

    My LCS is good at crushing hopes, and when the poor seller looks at me in disbelief, I just have to say he’s right.

  • MsMorrisineMsMorrisine Posts: 33,718 ✭✭✭✭✭

    @moursund said:
    Maybe we can have our hosts set up automated detection and reply to these 1st posts with no images and certain words in the topic...

    Hello?
    Yeah I’ve got a steel 1944 penny. How much is it worth?

    We can’t say but you can ask the nice people on our forum…

    (cross post to $15/yr thread)

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @MsMorrisine said:

    @moursund said:
    Maybe we can have our hosts set up automated detection and reply to these 1st posts with no images and certain words in the topic...

    Hello?
    Yeah I’ve got a steel 1944 penny. How much is it worth?

    We can’t say but you can ask the nice people on our forum…

    (cross post to $15/yr thread)

    "Your message has been quarantined, and will not be posted until you include a picture of your coin. Here's a link to instructions for attaching pictures to your message..."

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • MsMorrisineMsMorrisine Posts: 33,718 ✭✭✭✭✭

    But I only get to use a url and it says it has to be the us coin forum url

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭
    edited October 26, 2021 7:41PM

    As soon as the mints summer folly is over the seagulls and the one jump chumps will be gone…back to their moms basements

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • ChrisH821ChrisH821 Posts: 6,582 ✭✭✭✭✭

    @291fifth said:
    Have you noticed how nearly all the new posters just want to know how much they can get for something? As soon as they find out there is no money in what they are showing they quickly disappear. Is all the publicity about absurdly high prices for collectible items such as coins attracting a new group of individuals whose only goal is quick profits?

    Isn't that what made bitcoin popular?

    Collector, occasional seller

  • thefinnthefinn Posts: 2,657 ✭✭✭✭✭

    Yes. It all started with baseball cards. Kids would collect for fun, but now it’s profit. They don’t even touch them anymore.

    thefinn
  • coinandcurrency242coinandcurrency242 Posts: 1,962 ✭✭✭✭

    @thefinn said:
    Yes. It all started with baseball cards. Kids would collect for fun, but now it’s profit. They don’t even touch them anymore.

    I started out in sports cards before coins. I have a bunch from the 90's. They are just collecting dust in boxes! If I do eventually go through them, I would use the money made from selling to feed my coin hobby :)

    Positive BST as a seller: Namvet69, Lordmarcovan, Bigjpst, Soldi, mustanggt, CoinHoader, moursund, SufinxHi, al410, JWP

  • keetskeets Posts: 25,351 ✭✭✭✭✭

    Is all the publicity about absurdly high prices for collectible items such as coins attracting a new group of individuals whose only goal is quick profits?

    I have been here for 20 years and it's always been like that.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @keets said:
    Is all the publicity about absurdly high prices for collectible items such as coins attracting a new group of individuals whose only goal is quick profits?

    I have been here for 20 years and it's always been like that.

    If you became aware that some coins may be worth big dollars, and you had a question about a coin you found, who would you ask? Maybe we should redirect to Ask Quora.

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • jedmjedm Posts: 3,079 ✭✭✭✭✭

    Some days it's worth more, some less. Some days are diamonds, some days are rocks.

  • SmudgeSmudge Posts: 9,617 ✭✭✭✭✭

    @SkyMan said:
    Let's face it, the most obnoxious ones are the ones that start a thread asking how much an item is worth, someone answers the thread with a realistic price, and the original poster says the responder is wrong. Gee, if that's the case, why did the original poster ask their question in the first place?

    Perhaps rather than asking for information, they are looking for confirmation, and don’t deal well with reality.

  • seanqseanq Posts: 8,704 ✭✭✭✭✭

    @WaterSport said:
    Just look at the stupid values being asked on eBay. Sure - some are scams, and the rest are stupid. What I don't understand is if you heard about a coin on social media - how come you can not bring yourself to do the research and find out what its worth on social media ?????

    They are, if anything it's worse on social media. Earlier this year I joined a couple of error coin groups on Facebook, over several months I can count on one hand with fingers to spare how many actual errors were posted, versus all manner of post Mint damage. There are lots of people weighing 1982-D cents as well who cannot tell a small date from a large date.

    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
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    @SkyMan said:
    Let's face it, the most obnoxious ones are the ones that start a thread asking how much an item is worth, someone answers the thread with a realistic price, and the original poster says the responder is wrong. Gee, if that's the case, why did the original poster ask their question in the first place?

    And there seems to lots of those. If that reaction is encountered then the offender should be completely ignored thereafter.

  • micotumicotu Posts: 58 ✭✭

    @PerryHall said:
    We can't give you a value without some pics.

    We can't give you a value without good pics.

  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭

    Maybe it's a sign of the times. I'll play "Devil's Advocate" for a minute... I notice a lot of the younger generation doing more "gig" work instead of careers... even in traditional STEM careers. I'm getting bombarded with advertisements for contract work to do research... typically the contracts are only for 1-3 years and offer no benefits. If someone was just handed a coin collection with no supporting documentation and little inclination (or time) to do it on their own, I can see where they might want "just the facts ma'am"...

    ...of course this doesn't excuse the argument you're going to get when you give as accurate an assessment as you can given crummy cell phone pics and poor lighting...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @micotu said:

    @PerryHall said:
    We can't give you a value without some pics.

    We can't give you a value without good pics.

    For some e.g. PMD modern clad coins, you can give exact value even with poor pics.

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • ElcontadorElcontador Posts: 7,576 ✭✭✭✭✭

    When I started collecting coins, sometimes you would find something that was between thirty and seventy years old in change. You'd know if because it looked different than what you normally saw, so if nothing else, it was a neat thing to find.

    Now, if you find a 70 year old coin, it's just old.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • PerryHallPerryHall Posts: 46,436 ✭✭✭✭✭

    @Elcontador said:
    Now, if you find a 70 year old coin, it's just old.

    If it's a dime, quarter, or half dollar, it'll be made of silver and is worth pulling out of circulation. :)

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @PerryHall said:

    @Elcontador said:
    Now, if you find a 70 year old coin, it's just old.

    If it's a dime, quarter, or half dollar, it'll be made of silver and is worth pulling out of circulation. :)

    And if it's a penny, it's still worth pulling out of circulation

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    edited October 29, 2021 3:52AM

    Interestingly enough, I’ve had random people I know send me pictures of coins and ask what it’s worth more in the last year than ever. Perhaps people are out of work and not on the government teet and need some money.

    Get ready for THE dark winter.

    Here is the last photo I got,

  • BarberianBarberian Posts: 3,795 ✭✭✭✭✭

    Yes. They're called "gold dollars" by the gullible. I've had to be the bearer of bad news about these coins a time or two.

    3 rim nicks away from Good
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @Barberian said:
    Yes. They're called "gold dollars" by the gullible. I've had to be the bearer of bad news about these coins a time or two.

    Yeah, when people ask about a gold dollar, and what it is worth, they don't usually trot out one of these...


    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • ElcontadorElcontador Posts: 7,576 ✭✭✭✭✭

    @PerryHall said:

    @Elcontador said:
    Now, if you find a 70 year old coin, it's just old.

    If it's a dime, quarter, or half dollar, it'll be made of silver and is worth pulling out of circulation. :)

    Perry, when is the last time you found a silver dime or quarter in circulation? I think the last time I found one was in 1998.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."

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