20th Century Mexico decimals question.
TwoKopeiki
Posts: 9,719 ✭✭✭✭✭
When I first started collecting and had a free submission coupon from PCGS I sent in 3 coins as a part of that submission - 1915 Mexico 2 Centavos and 2x 1934 Mexico 5 Centavos. All graded MS64. 2 Centavos is BN and both 5 Centavos are RB. Looking at Krause 1934 5 Centavos in MS63 are priced at $50 (mintage: 10,000,000) and a reduced size 1915 2 Centavos (20mm) is priced at $75 in MS60.
Question to folks that are familiar with these series: how are the catalog prices reflecting market? If I wanted to sell, would I get at least $170 for the 3 of these? Or can you throw Krause out of the window in this case?
I've searched eBay and I don't see any certified 1934's. Most likely because these are not worth enough to pay the submission fee. Raw are selling around $7 and described as UNC. Same deal with 2 Centavos. Don't see any certified sales with raw circulated ones selling under $10.
Should I just lump these 3 in the same lot, throw it up on eBay and let it ride at .99?
Question to folks that are familiar with these series: how are the catalog prices reflecting market? If I wanted to sell, would I get at least $170 for the 3 of these? Or can you throw Krause out of the window in this case?
I've searched eBay and I don't see any certified 1934's. Most likely because these are not worth enough to pay the submission fee. Raw are selling around $7 and described as UNC. Same deal with 2 Centavos. Don't see any certified sales with raw circulated ones selling under $10.
Should I just lump these 3 in the same lot, throw it up on eBay and let it ride at .99?
0
Comments
8 Reales Madness Collection
<< <i>20th century copper is a tough sell unless it's red gem. Over the past couple of years, I sold a bunch of slabbed 1-2-5-10-20 centavos in AU58-MS64 on eBay and generally got 50-60% of the UNC (not BU) catalog value with fixed price/make an offer listings. 99 cent auctions? If you like to gamble...
Let's just say that there's a reason I stay away from casinos
Thank you for the reply. I dropped a note to a few registry owners at NGC and PCGS to see if they were interested in filling a slot. If I don't hear back in a few days, I'll just eBay them. (or perhaps it's time for another giveaway?)
8 Reales Madness Collection
<< <i>Let's just say that there's a reason I stay away from casinos
My first experience with this type materal was from the buying side. The seller listed a bunch of 99 cent/no reserve auctions and I bought 20 or so pieces at 10-20% of catalog. I watched his listings for a while and as far as I know, he never did *that* again.