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Lexington in an old box

There is an Ebay offer for this Lexington half dollar in a nice old original box.
The seller wants about $ 275,-- for this piece. But I´d think this price for this common coin is too high, isn´t it?
What do you think would be a fair offer for this Lexington half dollar? Maybe I can make him a counteroffer.
Many thanks in advance for your suggestion!





Comments

  • The Lexington looks nice, and the box seems to be in good shape. The coin on it's own is worth about $90. I don't think the box is worth $185.

    No good deed goes unpunished

    carolinacollectorcoins.com
  • MFeldMFeld Posts: 14,884 ✭✭✭✭✭

    @TomB said:
    The half is circulated and the box is super-common vs. other commem material. It would be worth far, far less than $275 to me.

    Agreed and I’d be far enough away from the ask price that I wouldn’t bother to counter.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Looks pretty nice!

  • morgandollar1878morgandollar1878 Posts: 4,006 ✭✭✭✭✭

    $275 is way out of line, these aren't exactly rare or scarce for that matter.

    Instagram: nomad_numismatics
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    The coin is circulated and rarely are the coins and boxes original to each other. If I couldn't buy both for around $100, I'd pass. These are far too common to grab the first one you see. Much nicer ones out there.

    Cheers

    Bob

  • SmudgeSmudge Posts: 9,822 ✭✭✭✭✭

    Keep looking. You can probably do better if you are Patient.

  • wayfarerwayfarer Posts: 93 ✭✭✭

    Thanks guys!!! I will let it go.

  • Namvet69Namvet69 Posts: 9,268 ✭✭✭✭✭

    That was easy. Buy the coin not the box. IMO. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • BillJonesBillJones Posts: 34,815 ✭✭✭✭✭

    The Lexington box is one of the most common of all of the “old commemorative“ packaging. The prices for it have gone up and down for years. I have been out of the market for years, but in my day, the range has been a low of $25 and a high of $100 when thins were “crazy.” There are also fake boxes to concern you.

    With the prices for commemorative coins depressed, this is way over priced. I would pass. I also think the the images of the Minute Man and the Lexington bell tower are very faded. This is not a “super box.”

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • 50cCOMMEMGUY50cCOMMEMGUY Posts: 211 ✭✭✭

    @TomB said:
    The half is circulated and the box is super-common vs. other commem material. It would be worth far, far less than $275 to me.

    And as others have said the box is NOT uncommon vs. other early commem issues. They are often available. I wouldn’t exceed around 100, maybe 125 if I had a few Guinness in me.

    "Today the crumbs, tomorrow the
    loaf. Perhaps someday the whole damn boulangerie." - fictional Jack Rackham

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭
    edited April 12, 2020 9:01AM

    No.

  • CaptHenwayCaptHenway Posts: 32,749 ✭✭✭✭✭

    Pass

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I will add my 'pass' to the consensus....There are much nicer one's available, and the box is not special .... I collect coins, not boxes :D I know, it is nice to have the original packaging....just joking around. Cheers, RickO

  • 291fifth291fifth Posts: 24,696 ✭✭✭✭✭

    When eBay "Buy it now" offers are stupidly high your best move would be to ignore them completely.

    Pass!

    All glory is fleeting.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    Those boxes have also been heavily counterfeited over the years.

    Hence when I have seen a nice Lexington over the course of the last 35 years I always try to negotiate a lower price without the box.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!

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