Follow Up, A Little Help Needed

mustangmanbob

Some time ago, I posted about a person, elderly, who is looking to sell off some "investment" coins. Long Story Short, and typical story, the coins were not as advertised, and the key turned out to be a counterfeit, now being disputed by the original seller, with 30 years of time passing since the coins were sold.

Anyway, a group were sent to PCGS for grading, and now they are looking to sell.

This is NOT something I want to be in, but since I can spell coin, they are looking for help.

Again, all are PCGS graded.

What would be a price that a 1) Dealer 2) Private Party should/would pay for each of these coins, assuming no "issues" like bottom of the barrel for the grade, looks like it spent life in a washing machine, etc.

I have looked up the PCGS price guide on each, and started looking at ebay, but there is a wide range on some, or few data points. I know some of them are just garden variety commons, but input from the forum will help this couple have a good feeling that at least what they get is a fair number, albeit not the $$ they wanted. Kind of a reality check.

Thanks for the help.

1904 Gold Liberty $20 ms63
1907 D Gold Liberty $5 MS64+
1889 Gold Indian Princess $1 ms66
1870 California $1 Octagonal ms64
1890 Morgan pr63CAM
1888 s Morgan Cleaned (claimed Gem BU)
1878 Morgan ms63
1879 NO Morgan MS61
1889 NO Morgan MS62
1885 NO Morgan MS65
1880 S Morgan MS65
1926 s Peace Dollar MS64
1875 S Trade Dollar ms62
1938 D 50 cent MS64+
1890 50 cent MS63
1890 25 Cent PR63
1860 O Half Dime MS64+
1860 Colorado Gold $10 Counterfeit

djm

I would advise them to send the Graded Coins to Great Collections to auction. I would set the starting bid at 80% of retail (this is a check box on the consignment form). Ian does a great job promoting his sales. Since the consigner is elderly maybe he can give them a break on the fee, doesn't hurt to ask.

BryceM

Without seeing the coins, the only number anyone will be comfortable giving you is back of greysheet values. You can look those up yourself, but I doubt that's the sort of answer you're looking for.

My advice is simple. Get out. No good deed goes unpunished. The desire to be helpful is commendable, but it's quite likely that your relationship with this individual will be harmed instead of helped by this encounter. Been there, done that.

As said, the best option is to just send them to an auction house and let the market decide.

david3142

An auction house is going to take well over 25% between buyers and sellers fees. For common material, try posting pictures on the BST forum and see how that goes. Otherwise, eBay will have a lower fee structure (but then you have to deal with eBay).

USMarine6

Auction prices realized is a great tool to find current prices and dosent take but a few moments. I would take the better coins and sell them on the BST and great collections for everything else.