What coins under $800 are selling well in this market?

IrishMike

I was chatting with a couple of vest pocket dealers recently and they posed this question. They've been sitting on virtually the same inventory for years and I think it dawned on them they were not up with the market. They don't follow the internet market or auction sites. Anyone want to enlighten us?

Jcarney

<< <i>What coins under $800 are selling well in this market? >>



Circulated Lincoln keys for one.

Steve27

All low grade key dates.

fc

pcgs slabbed half eagles in a variety of grades never sell
for less then 190 or so on ebay. so gold going up helps them
out.

IrishMike

Interesting I suggested the same thing to them i.e. keys in lower grades.

poorguy

Bust Halves in AU seem to be moving nicely.

Gemineye

Low to mid price moderns in different price ranges under $ 800 .....There is quite a turn-over in that area...........

PerryHall

US gold under $800 is selling very well.

mrearlygold

Where did the 800$ number come from?

I don't think I've sold an 800 coin in years.

Fairlaneman

<< <i>I was chatting with a couple of vest pocket dealers recently and they posed this question. They've been sitting on virtually the same inventory for years and I think it dawned on them they were not up with the market. They don't follow the internet market or auction sites. Anyone want to enlighten us? >>



If they have been sitting on inventory for years they should have some real good deals I would think. Is the inventory raw ? If so how do they grade ? If the inventory is slabbed the stuff must be really ugly. Is this so ? Is the inventory mega high grades ? If so they are trying to sell to a small portion of the collector base.

Everything I have tried to buy on Ebay has went for more money than I am willing to pay. MS 63/64 Mercs, Indians and Type Coins. All seem to be going for more money than what News Media say they are worth. Many have went at Full Blown PCGS pricing prices.

My 10 cents worth.

Ken

IrishMike

Tom, $800 is just arbitrary, these dealers sell coins to the average hard working middle class, midwestern coin collector who is satifisfied with purchasing coins that circulated amongst like types of generations before them. They choose to invest in their company 401K's, they kids college educations and donate to organizations like their churches, homeless shelters etc. In other words those who carry the burdens of America on their backs. (trumpet sounds in the background).

We actually sit around and talk about coins at these shows. We know about their families, their ups and downs, their hopes and aspirations. Just typical midwesterners, in other words.

mrearlygold

<< <i>Tom, $800 is just arbitrary, these dealers sell coins to the average hard working middle class, midwestern coin collector who is satifisfied with purchasing coins that circulated amongst like types of generations before them. They choose to invest in their company 401K's, they kids college educations and donate to organizations like their churches, homeless shelters etc. In other words those who carry the burdens of America on their backs. (trumpet sounds in the background).

We actually sit around and talk about coins at these shows. We know about their families, their ups and downs, their hopes and aspirations. Just typical midwesterners, in other words. >>




Jeez Mike, I know you all are strange in the Midwest but when did you all think you were different from anyone else?

100proof1957

tom,

you havent owned an 800 coin in 50 years !

mrearlygold

Actually one of the coins I collect is ( not a coin but a token) ( ) and in some cases are a lot less than 100 bucks. I'm assembling a hoard of them and have almost 50 of them now.

So there!

Barberman55

<< <i>Tom, $800 is just arbitrary, these dealers sell coins to the average hard working middle class, midwestern coin collector who is satifisfied with purchasing coins that circulated amongst like types of generations before them. They choose to invest in their company 401K's, they kids college educations and donate to organizations like their churches, homeless shelters etc. In other words those who carry the burdens of America on their backs. (trumpet sounds in the background).

We actually sit around and talk about coins at these shows. We know about their families, their ups and downs, their hopes and aspirations. Just typical midwesterners, in other words. >>




There's no mistaking these dealer's with the Tri-State dealer's that I see at my monthly NJ coin show.

In answer to your question............Any nice, original, Barber quarters and halves, in grades of VF thru AU, especially certified examples.

IrishMike

Tom, you know me and you know I was yanking your chain. Barberman I like the ideas of yours too, what about Barbers in 63's? Is their a palpable demand/supply?

Edited to add: Tom I thought you were an east coaster?

wayneherndon

$1000 coins sell real well at $800 and under.

Barberman55

<< <i>Tom, you know me and you know I was yanking your chain. Barberman I like the ideas of yours too, what about Barbers in 63's? Is their a palpable demand/supply?

Edited to add: Tom I thought you were an east coaster? >>




You're right, I should have included certified, common date Barber quarters, up thru the MS-64 grade. Retail prices on certified, common date, MS-63 Barber halves, will run at just about the $800 mark, and higher.

mrearlygold

<< <i>Tom, you know me and you know I was yanking your chain.

Edited to add: Tom I thought you were an east coaster? >>




Yes, an east coaster on the west coast of Fla Mike, the hotbed of refugees from the midwest

Hehe

goose3

ANY certified problem free KEY date coin.

For generic stuff..........

Bust halves
Bust stuff in general

IrishMike

<< <i>$1000 coins sell real well at $800 and under. >>



Everybody's a comedian.