Mom and Pop coin stores and "Trends" valuations

BigE

A small local coin shop has all their graded coins marked at Coin World Trends values. Is there any coin you feel is a good deal at these prices? What material would you look for?-------------------------------------BigE

KollectorKing

Buy all the properly graded key & semi key date Mercs you can find in AU50 to MS63

kieferscoins

Depends how well they grade. If they overgrade forget it, but if they undergrade there might be some deals still there.

Cameron Kiefer

mr1931S

"if they undergrade there might be some deals still there."

Absolutely.

JadeRareCoin

A small local coin shop has all their graded coins marked at Coin World Trends values. Is there any coin you feel is a good deal at these prices? What material would you look for?

Just a few of many, many possibilities:

1824 quarters in any grade
1801 and 1802 halves
1884 and 1885 3 cent nickels
1879, 80 and 81 Shield Nickels
1796 and 97 half dimes

....etc, etc.

Trends is waaay low on a lot of material. I will pay full Trends for any of the above items and still make money. Got any for sale?

BigE

Jade, I am going to check tomorrow when I go--------------BigE

JadeRareCoin

BigE, I predict that they will NOT have any of the coins that I mentioned. They are truly rare in today's marketplace. But...you never know. Ya might get lucky.

coppercoins

I have noticed that in Lincoln cents the Coin Values magazine prices are higher than in any other guide I know of for most dates and grades.

haletj

I haven't seen CoinValues lately, but they used to be too low on most early Lincolns. Looking through ebay completed auctions I'd see something like a pcgs ms64rd 17-p bought immediately for $45 with a BIN. The seller would state CoinValues says $50. It's really a $100+ coin (I paid $117 for mine ) The seller lost a lot of money by not knowing the market. I've learned not to look at completed auctions much because it always is annoying to see deals you missed out on!

JoeBoat

A 1917 Lincoln in MS64 Red is worth about $30 according to the CDN.

haletj

I just looked through some Heritage auction because they have the Trends prices there, and it looks like Trends has updated a bunch. Coppercoins is right. Actaully they may price some too high now. Good job Trends (sarcastically) leaving everything too low for 2 years and then moving what they do finally update too high.

cladking

A lot of Coin Values modern MS prices are laughably low.

One of the most humorous is the '83-P quarter in MS-63 is listed at $8. An MS-60 wholesales at $25.

Be careful with the MS-63 prices for other dates. While these all retail for much more some are nearly
impossible to sell wholesale because they're too common compared to the demand.