Home› U.S. Coin Forum

Maybe Selling 6 Old Gold Coins at an Upcoming Show?

TookybanditTookybandit Posts: 3,416 ✭✭✭✭
in U.S. Coin Forum

I was originally planning on listing these coins individually on eBay starting at $0.01
However, there is a local coin show coming up that I thought I might attend.
Based on Greysheet, what are fair prices to let these go? Or maybe a better question, sight unseen, hypothetically what would you pay if you were in the market?

Thank you for any helpful comments, and snide remarks are also welcome!

1904s $20 MS60
1908nm $20 MS60
1900 $5 AU
1916s $5 XF
1909 $2.5 XF
1915 $2.5 AU


Comments

  • JazzmanJABJazzmanJAB Posts: 1,028 ✭✭✭✭
    Fairly common dates, I would offer melt.
  • TookybanditTookybandit Posts: 3,416 ✭✭✭✭
    I'd buy $30K worth tomorrow if I could buy them at melt! image

    Even ugly ones are going for much more than spot.

    I'm a little beat up



  • messydeskmessydesk Posts: 20,340 ✭✭✭✭✭
    Go to the show first and shop them around. They are common dates, but the $2.50 Indians should bring more than melt. If you're not a preferred seller on eBay, you'll get hit for 13% commission, and I doubt you'll get enough premium to offset that.
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • TookybanditTookybandit Posts: 3,416 ✭✭✭✭
    I do have the 20% discount for Top Rated Seller status image
    Boy that discount really helps when selling the expensive stuff!


  • Cougar1978Cougar1978 Posts: 8,832 ✭✭✭✭✭
    If raw no interest
    Investor
  • Cougar1978Cougar1978 Posts: 8,832 ✭✭✭✭✭
    If slabbed, I would offer 80% of CDN Bid
    Investor
  • TopdollarpaidTopdollarpaid Posts: 600 ✭✭✭
    The double eagles are worth around 1600. If unc. Melt is to cheap
    Randy Conway

    Www.killermarbles.com

    Www.suncitycoin.com
  • TookybanditTookybandit Posts: 3,416 ✭✭✭✭

    Thx for the offer but they're raw. I'm an eBay junkie and will probably go that route, but the lure of human interaction at the show is tempting.
  • TookybanditTookybandit Posts: 3,416 ✭✭✭✭


    << <i>The double eagles are worth around 1600. If unc. Melt is to cheap >>



    Cool, I was thinking that too! image
  • s4nys4ny Posts: 1,573 ✭✭✭
    1575
    1575
    425
    450
    240
    240
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    Sight unseen is a tough way to get my opinion on gold. Some of us are just a "smart phone" call away.

    ``https://ebay.us/m/KxolR5

  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    why not put them on the BST Board, save yourself ebay fees
    and insults from lowball offers at the show?
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan
  • PerryHallPerryHall Posts: 46,897 ✭✭✭✭✭
    US gold coins have been heavily counterfeited for a very long time. I wouldn't touch raw US gold without first being able to authenticate them. Can we at least get some good up close pics of your coins?

    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

  • UnknownUnknown
    This content has been removed.
  • BanemorthBanemorth Posts: 986 ✭✭✭
    I agree with both Perry and Real.
    Justin From Jersey

    Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
  • JcarneyJcarney Posts: 3,154 ✭


    << <i>Since you are a seller at this moment why wouldn't you pay the small cost to slab them and sticker them inorder to reap the absolute most from them. By not doing it with gold you are basically saying 3 things: I am ignorant, I am cheap, or I have something to hide (or all 3) imho. >>



    I must be cheap and ignorant too. I would have a problem paying shipping and insurance to TPG, slabbing fees, shipping and insurance back from TPG, shipping and insurance to CAC, CAC fee, shipping and insurance back from CAC.
    “When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin


    My icon IS my coin. It is a gem 1949 FBL Franklin.
  • UnknownUnknown
    This content has been removed.
  • PerryHallPerryHall Posts: 46,897 ✭✭✭✭✭


    << <i>

    << <i>Since you are a seller at this moment why wouldn't you pay the small cost to slab them and sticker them inorder to reap the absolute most from them. By not doing it with gold you are basically saying 3 things: I am ignorant, I am cheap, or I have something to hide (or all 3) imho. >>



    I must be cheap and ignorant too. I would have a problem paying shipping and insurance to TPG, slabbing fees, shipping and insurance back from TPG, shipping and insurance to CAC, CAC fee, shipping and insurance back from CAC. >>



    Agree. We are essentially talking bullion here. What if some of the coins got a no-grade because of some problem?

    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

  • JcarneyJcarney Posts: 3,154 ✭


    << <i>

    << <i>

    << <i>Since you are a seller at this moment why wouldn't you pay the small cost to slab them and sticker them inorder to reap the absolute most from them. By not doing it with gold you are basically saying 3 things: I am ignorant, I am cheap, or I have something to hide (or all 3) imho. >>



    I must be cheap and ignorant too. I would have a problem paying shipping and insurance to TPG, slabbing fees, shipping and insurance back from TPG, shipping and insurance to CAC, CAC fee, shipping and insurance back from CAC. >>



    image on what must be a low ball approx $5k worth of material, one shipment to PCGS and the sticker factory and you either will receive more than you would have if you didn't send it in, that is a proven fact but you would also assure yourself of selling it, selling it quicker and selling it at its highest potential. One has to understand that sometimes it pays off to spend money to make money and those who don't believe in that theory should be considered cheap imho. It is called penny wise and lb foolish to quote someone. >>



    Not on basal value material. These coins are common, bullion-value gold coins. No amount of lipstick (or stickers) is going to change that.

    “When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin


    My icon IS my coin. It is a gem 1949 FBL Franklin.
  • UnknownUnknown
    This content has been removed.
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭
    If you cannot get more for those at the show, then what you can get for them on ebay after fees, you are going to the wrong show.
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • s4nys4ny Posts: 1,573 ✭✭✭
    The OP wants to sell them and get cash this
    weekend. He doesn't want to spend money on slabbing that he likely wouldn't recover.

    He isn't interested in sending them off to PCGS or NGC to get them slabbed (or returned). They are common
    coins and not worth the added expense and lost time of grading.

    These coins have a value more than melt. If he takes them to the show he can sell them
    easily.
  • TookybanditTookybandit Posts: 3,416 ✭✭✭✭
    It really never crossed my mind to have them certified since they are so common. Selling raw gold on eBay, I usually post at least 5 pics and include one with the coin on a digital scale to show the coin weighs out properly.

    ...but for all the haters out there j/k, I will post pics this evening (At work now).
  • UnknownUnknown
    This content has been removed.
  • TookybanditTookybandit Posts: 3,416 ✭✭✭✭


    << <i>The OP wants to sell them and get cash this
    weekend. He doesn't want to spend money on slabbing that he likely wouldn't recover.

    He isn't interested in sending them off to PCGS or NGC to get them slabbed (or returned). They are common
    coins and not worth the added expense and lost time of grading.

    These coins have a value more than melt. If he takes them to the show he can sell them
    easily. >>




    Sir, you can literally see inside my brain!

    I went a little crazy and spent a previously unplanned $6K on Heritrage. Then on Wed. someone walked in and I bought over $2K in better date Walkers.
    So, wanting to free up some $$$ and being a novice, I brought my questions straight to the place I enjoy, here!

    image



  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>1575
    1575
    425
    450
    240
    240 >>



    These prices are right on the money. No knowledgeable gold buyer would pay 3% more or less. Forget "you don't stand behind your coins". Any knowledgeable gold buyer can tell if they are real. These coins speak for themselves and don't need slabbing. Small shows perhaps not, mid-range show, you betchaimage

    One of the foremost proponents here of slabbing gold has NEVER, by the omission of answering my direct queries, owned a gold coin. image

    Try Doug Baliko at Heritage... makes the deal very very neat.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • UnknownUnknown
    This content has been removed.
  • stevebensteveben Posts: 4,639 ✭✭✭✭✭
    ok, i admit, i did not read the whole thread...BUT...here's my experience with shopping coins around at shows:

    they beat you up. you will get negative comments about your coins...and somewhat insulting offers. if you mention ebay, you get negative reactions as well.

    case in point: i had a 1913-s $10 piece i shopped around at the last long beach show. it was graded 55 with a green CAC. i checked ebay before the show and I knew i need to get at least 1600 for it in order for it to be worthwhile to sell at the show. well, most people passed on it and wouldn't even make an offer. i got one comment that was "we only buy coins with good eye appeal" (did I mention it had a CAC sticker?) the best offer i got was 1400 and i told that guy i would keep it. when he asked why, i said i could get more on ebay for it. then, he acted all offended and advised me that i should not tell dealers that. anyway...

    i sold the coin for 2080 on ebay to david lawrence rare coins...they flipped it for 2300. so, even with all the fees, you're going to be better off on ebay i bet money on it.
  • PerryHallPerryHall Posts: 46,897 ✭✭✭✭✭


    << <i>ok, i admit, i did not read the whole thread...BUT...here's my experience with shopping coins around at shows:

    they beat you up. you will get negative comments about your coins...and somewhat insulting offers. if you mention ebay, you get negative reactions as well.

    case in point: i had a 1913-s $10 piece i shopped around at the last long beach show. it was graded 55 with a green CAC. i checked ebay before the show and I knew i need to get at least 1600 for it in order for it to be worthwhile to sell at the show. well, most people passed on it and wouldn't even make an offer. i got one comment that was "we only buy coins with good eye appeal" (did I mention it had a CAC sticker?) the best offer i got was 1400 and i told that guy i would keep it. when he asked why, i said i could get more on ebay for it. then, he acted all offended and advised me that i should not tell dealers that. anyway...

    i sold the coin for 2080 on ebay to david lawrence rare coins...they flipped it for 2300. so, even with all the fees, you're going to be better off on ebay i bet money on it. >>



    It's funny how some dealers take it personal and get offended when you don't accept their low ball offer.image

    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

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>This could be said about just about any coin that is for sale, negating the need for TPG's and sticker comnpanies. But we know that many buyers aren't as confident as you and over pay for confidence. In fct many buyers pay more than you would just because. >>

    imageimageimage

    But I'm not talking about ANY coin that is for sale, but these specific issues. And there are literally thousands of dealers around the country that have that skill set Please share your firsthand experiences about dealing in this particular area. My bloviation is, at least, based on long and well-established factual information. Fantasies about how the circ gold market functions are not constructive.image
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • telephoto1telephoto1 Posts: 4,964 ✭✭✭✭✭
    I know you are joking about haters, but really, I am taking my time to try to be helpful.

    Telling someone they're either "ignorant, cheap or have something to hide" because they don't want to entomb common gold coins in plastic doesn't strike me as being all that helpful.

    RIP Mom- 1932-2012
  • TookybanditTookybandit Posts: 3,416 ✭✭✭✭


    << <i>I know you are joking about haters, but really, I am taking my time to try to be helpful.

    Telling someone they're either "ignorant, cheap or have something to hide" because they don't want to entomb common gold coins in plastic doesn't strike me as being all that helpful. >>




    image
  • s4nys4ny Posts: 1,573 ✭✭✭
    Almost 100 ungraded pre-1933 gold coins sold on Ebay on May 2.

    This is a very liquid market with predictable values 98% of the time.

    Every show I attend always has dealers with a lot of raw, pre-1933 US gold coins.
    They are a very economical way to buy gold and leads some buyers into numismatics.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...