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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!





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    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
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    MFeldMFeld Posts: 16,659 ✭✭✭✭✭

    @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.

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    JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Looks pretty nice!

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    morgandollar1878morgandollar1878 Posts: 4,006 ✭✭✭✭✭

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

    Instagram: nomad_numismatics
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    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

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    SmudgeSmudge Posts: 9,969 ✭✭✭✭✭

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

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    wayfarerwayfarer Posts: 93 ✭✭✭

    Thanks guys!!! I will let it go.

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    Namvet69Namvet69 Posts: 9,410 ✭✭✭✭✭

    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

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    BillJonesBillJones Posts: 35,805 ✭✭✭✭✭

    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 ... ?
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    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

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

    No.

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    CaptHenwayCaptHenway Posts: 33,880 ✭✭✭✭✭

    Pass

    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    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

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    291fifth291fifth Posts: 25,184 ✭✭✭✭✭

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

    Pass!

    All glory is fleeting.
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    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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