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I just bought 150 pennys from an estate seller

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  • ConstantineConstantine Posts: 2,369 ✭✭✭
    Overall you did really well considering what you sold the note for and you have the left over goodies. Man it is expensive to take the family out these days!!!
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭


    << <i>Say what you want but I think it was well worth it. >>




    That's all that really matters.

    Enjoy your other note (I assume it's for your collection).

    And have some fun checking out the cents.


    Good for you.
  • aus3000tinaus3000tin Posts: 369 ✭✭✭
    (with Radio Announcer Voice)

    And now back to the coins...
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>

    << <i>If I may ask, how much did you pay for this lot? >>


    Ill reveal what I paid when I get an idea of what its worth. The prices marked are 40-50 years old at least.
    It cost me about the same a taking my wife and four kids to dinner at The Texas Roadhouse with a tip.. >>



    That's not unexpected since many circ Lincoln prices aren't all that much different than they were at the peak in 1964. Age has little to do with anything. Accumulations like this from a dealer or knowledgeable collector will rarely
    be in your favor. Any horse trading I did in my early years vs. more advanced players always was always a loser for me. But you have to learn somehow.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • BochimanBochiman Posts: 25,431 ✭✭✭✭✭


    << <i>

    << <i>Say what you want but I think it was well worth it. >>




    That's all that really matters.

    Enjoy your other note (I assume it's for your collection).

    And have some fun checking out the cents. >>




    Bingo! I said it before, it was said above, and I'll say it again........if you liked what you got for the price, and have fun with it, then it is all good. It's a beginning. It's how you learn. Don't lose the mortgage, make sure to be able to pay bills and feed the family, and discretionary funds can be used for fun. No need to justify anything to anyone (except maybe your wife image )

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    ....and may he (or she) who has not lost the better part of $250 on a coin deal.........


    ....cast the first stone.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Hey, anything good in this lot? bought a collection of old briar an meerschaum pipes and these came with it, thanks in advance

    image

    Liberty: Parent of Science & Industry

  • gypsyleagypsylea Posts: 193 ✭✭
    Any Dunhills or Castellos in the briar pipes?
    Collector since adolescent days in the early 1960's. Mostly inactive now, but I enjoy coin periodicals and books and coin shows as health permits.
  • lkeigwinlkeigwin Posts: 16,892 ✭✭✭✭✭
    I'm pretty sure that 1904-S half, if it grades cleanly, will buy you many more pipes. Nice catch!
    Lance.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭


    << <i>Hey, anything good in this lot? bought a collection of old briar an meerschaum pipes and these came with it, thanks in advance

    image >>

    I'll give you melt for all that junk. image For the poster it's no big deal some may say you got riped and some will say other things but all in all it's your deal and post and ask what ever you want but be reddy to ancer any thing if some one ask and just say it even if it is good or not just say oh well, move on and try again it's life and we all do it from time to time. Have fun and dont stop posting or you are giveing up to EZ and you dont want to do that.... image to the board! We are not trying to be jerks just trying to help in a good way. Looks like next time you are going to buy Cents i bet you will think of this. image


    Hoard the keys.
  • bolivarshagnastybolivarshagnasty Posts: 7,351 ✭✭✭✭✭


    << <i>

    << <i>Obviously, no one here can estimate a grade or worth from the pics provided. I do think they have been a little harsh on the possible value of the lot. I looked up two coins that have red/brown color and luster in the
    photos. If your fortunate enough for your 25-S to grade ms63rb at our hosts, it's full retail value is listed at 450. (expect less as a Seller). One of the lots is a 1913 that also has a red/brown color and if you were to
    receive an ms63rb on that coin it's value is listed at 80. Just two examples. I would think that you have done well based on the pics I see. Why don't you give us a close-up of these two coins and we'll estimate a grade. >>

    You are being especially optimistic, my friend. Do you really believe there's any chance of the '25-S grading problem-free MS63? I see the flip says $75, scratched out and now $25. The BU notation has also been scratched off.

    image

    I agree that it might be fun to look through the pile and see if anything might be worth saving or selling on ebay for a few dollars. I think it's a safe bet there's nothing of any value based on condition and date/mm but stranger things have happened. Maybe an error might be found.
    Lance. >>



    Lance, From the photo you've blown up, I wouldn't venture a guess as to the grade. Like Ms. Morrisine, I am disgusted that this forum trashed this guy instead of helping him. I was only being polite, and coaxing him into
    providing pics so that we could help him determine a value. Instead, his post digressed into 7 pages of beating him about the head for something we've all done at some point.(make a risky purchase on ebay) Disgusted and disappointed. Mel
  • SwampboySwampboy Posts: 13,023 ✭✭✭✭✭
    If I learned one thing with this thread it's that NotSure can sure pack it away.

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • lkeigwinlkeigwin Posts: 16,892 ✭✭✭✭✭
    Mel, don't be too disgusted. I am with you about encouraging newer collectors. I agree that the forum can be a little rough. But I think much of it is brutal honesty.

    A set of coins like this is rarely worth much. Mostly junk, cleaned, spotted, and commonplace. Stuff that sat for years for good reason.

    It is not impossible that the OP could recover his money, selling individual pieces on ebay, let's say. Maybe even stumble on a winner or two.

    I would hope that the lesson learned is that buying a stale group of coins in flips with lofty price notations isn't the big win it appears to be.
    Lance.
  • TireKickerTireKicker Posts: 870 ✭✭


    << <i>This thread is both interesting, irritating, illuminating and educational all at the same time.

    Interesting, irritating, illuminating and educational all for various reasons. You have a currency guy stepping into the "coin pool" by purchasing a group of coins as a part of a deal where he acquired some currency [his area of expertise] with the cost of the coins being around what it would cost to take a family out to dinner at a Texas Roadhouse. You have the buyer posting about his purchase on the US Coin Forums and posting pictures of the newly acquired coins, obviously to jump into the coin side of the forums and seek advice, opinions, kudos, props, welcomes, etc. You have replies that are supportive, that are welcoming, that are critical and that are skeptical. You have the buyer replying back in ways that some folks disagree with, thereby prompting further negative replies. You have some replies that are objective and helpful. You have some replies that are not.

    My view of things is that the buyer stepped out of his collecting area and spent some dollars to pick up a rather wide ranging set of older Lincoln cents. Sort of like a grab bag or bargain bin set up. It could be that there is nothing of note of of significant value in the 150 cents. Then again, it may be that some or many or all of the cents are worth significantly more than the purchase price [based upon actual rarity, condition rarity, variety, error or other factors that are not readily apparent in the posted photographs]. I personally would enjoy spending time looking at each and every coin in the bunch just to snoop and see what goodies may be there.

    I am sure that most, if not all, of us have done this type of thing in the past. Some may win, some may lose, some may break even but we all had some fun.

    I do not get the replies that criticize the buyer. I also do not get the buyer being inconsistent in his replies about what he paid and disclosing same (though I do understand coming into a new place being unsure of one's self when you experience less than 100% positive feedback).

    In any event, Welcome to the US Coin Forums. I hope your newly acquired coins will give you a number of hours of enjoyment and learning of a new area. I also hope you find some interesting, high quality and valuable coins in the group. Even if you do not, you can still enjoy the ride. If you chose to do so, you can keep the forum members posted on what you find by giving updates and by posting high quality pictures of any good stuff you find. We all like to participate in going through new bulk acquisitions.

    Do not also get too bent out of shape with what some other forumites post in this thread. People here can be quite blunt in their opinions, but overall there is a vast amount of knowledge and experience and wisdom present on the coin forums (probably just like the currency forums and sports card forums and stamp forums) that can really help you out.

    Again, Welcome. >>



    Well said Sanction

    +1
    All the best,

    Rob

    image

    Successful Trades with: Coincast, MICHAELDIXON

    Successful Purchases from: Manorcourtman, Meltdown
  • telephoto1telephoto1 Posts: 4,926 ✭✭✭✭✭
    Wow. Lots of venom getting thrown at the poor guy.

    He bought the deal to get the paper, and the paper paid for the deal. Why do people have to keep hammering him to divulge what he paid? Why do you care so much?

    And how can any of you be so sure as to what he has anyway? You can't tell anything from the pictures provided.

    No offense OP but the pics are horrible so there's no way to tell anything about the value with any degree of accuracy...so all you'll get are lowball guesses or value ranges, neither of which will be accurate.

    If you can post better images of the cents we can offer better opinions.

    I will say that based on that blowup the 25S (assuming that's what it is) looks cleaned to me.

    RIP Mom- 1932-2012
  • JBNJBN Posts: 1,859 ✭✭✭✭✭

    Interesting purchase.

    A shame in all these pages there weren’t any additional pictures. Close-ups of the dates identified in the early replies would have been nice and worth your time.

    IMHO - Throw in a couple of dollars and buy a Whitman “Lincoln Cents 1909 to 1940” and fill some holes. The ‘D’ and ‘S’ mintmarks are right below the date - you don’t need to hunt for it. Lincolns are incredibly popular to collect, are a good looking coin, and you have a good start. Keep your eyes open and throw a few dollars here and there into the collection and you’ll soon have the book 2/3rds full.

    Thanks for the post.

    NOW:

    It never ceases to amaze me with how rude people on this forum can be. What you paid is nobody’s business other than your own. REPEAT: IT IS RUDE TO ASK PEOPLE WHAT THEY PAID FOR SOMETHING. A lot of posters didn’t get this memo related to basic courtesy.

    Amazingly, when you provided additional information on how you obtained the coins (with a currency purchase that worked out for you financially), your info is called into question and you are accused of ‘playing games’. Crazy. While these comments were certainly a continuation of the rude behavior, you should have kept what you paid to yourself. Some posters here are not numismatists; they are in the hobby for the money/flip/’cherrypick’ - and they ultimately hurt the hobby as a whole.

    In terms of posters/contributors here, this thread was as educational as the Stella thread. That was one of my takeaways. The other two are the post by SanctionII and a big ‘second’ on my part on the issue of getting what you pay for in a steak.
  • kazkaz Posts: 9,202 ✭✭✭✭✭
    Sanction II's reply is one of the most thoughtful and considerate posts I have ever seen on this forum. I think everyone should read it and learn from it.
  • georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭


    << <i>If I learned one thing with this thread it's that NotSure can sure pack it away. >>



    You got THAT RIGHT!

    I'd like to meet this mountain -of-a-man before his stomach goes BOOM! (God forbid)
  • magikbillymagikbilly Posts: 6,780
    Sometimes I lose my cool a bit when a collector shows me an obviously stamped item and asks if it is possibly a fake. I get upset because I don't understand why the person does not use the same crossover knowledge (sometimes it is a collector who already has some signed stuff - I get astonished), or simply look and see it is a stamp with the bubbles in the ink, or use Google or any number of things. But, it is ME getting angry. Yes, darn it, the person should know better - I often get mad because it was AVOIDABLE loss "tuition" - ask me if it is real before you bid etc. However, no need for me to lose me cool image
    If any of that applies to this thread, so much the better.

    Eric

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