Welcome. How did you value the coins for income tax purposes when you received them?
Always took candy from strangers Didn't wanna get me no trade Never want to be like papa Working for the boss every night and day --"Happy", by the Rolling Stones (1972)
Glad to see for a newcomer you received coins in reputable slabs (Those are in 2x2s with NGC written on them, right?)
You can search on e-bay and quickly determine the approximate value of those coins.... You also probably want to get a copy of the grey sheet (actually many different sheets published weekly, monthly, or quarterly) Complete starter sets available for about $17. That will also help you with value of what you have and low end price for what you want to get.
<< <i>Thanks for the welcomes.. Highest preference would be to trade them all for 1 or 2 rarer coins. >>
In my experience, it generally doesn't work that way with higher end/rarer coins.
When those become available it's usually because the seller has decided to cash out or consolidate into even higher end coins.
If that's your goal, you may have to move these first and wait and look around for what it is you're after.
As it is, you've got some nice pieces there. Coins that you wouldn't have any problem moving on the BST board and not have to deal with the hassles and cost involved with eBay. No, don't sell them to a brick and mortar dealer either. Not unless you can get top dollar for them and that's unlikely.
Just my .03
Welcome aboard. Those are some nice coins to have gotten paid with, makes me wonder what you've already sold.
"Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose." John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>Yes, legit NGC holders, sold some of the others to a dealer- no problems. ? - What % would you discount these NGC's vs. the online current coin value listing here by PCGS?
Thanks >>
That's not such an easy question to answer. People would need to see these. Gold coins aren't the same as generic Morgans, etc.
Eye appeal, solid for the grade, etc. are needed to give a proper estimate. The discount isn't going to be as great for gold coins as for other collector type coins. So you're in good shape there.
"Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose." John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
Welcome!!!! Quick estimate of retail value of coins is around $6400.00 $2000 for the Double Eagles and $550 for each of the $10 Libertys. What to buy. It realy depends on what you like. You could get some realy nice Morgans. Pick up a couple of key dates 89 C.C. or 55 Double Die, or even a bust dollar or two. I would keep the both Double Eagles for investment and 1 each of the other $10 piece dates. Then sell duplicates and buy Rainbow Morgans till the money ran out. Gold appears to be going up. You've got some. Don't be too quick to get rid of it. That's my thoughts to the Nuthouse.
I assume you didn't need the money as you took them as barter so why not keep them until you know where you want to go. Thats a pretty nice bunch of coins to start out with.
My advice would be to take it slow as there are boogers out there. This may be a gentlemans hobby but you can still get your rear end handed to you on a plate.
Welcome! To answer your question, I think that you can realize about $5000 for the coins that you have left (I valued the MS-64 Saints at $700 and the 9 MS-62 $10's at $400).
I noted that you were interested in pre-1900 gold, so we have something in common. Here are a couple suggestions for two coin mini-sets to satisfy your collecting goals:
A Charlotte and Dahlonega $5 in XF-40.
A two coin $3 type set (1854 and a date of your choice, I would pick a Civil War date) in choice AU.
A three coin $20 Lib type set (Type I, II, and III), with each coins from a different branch mint (CC, S, and P).
A New Orleans No Motto and With Motto Eagle (pick slightly better dates in AU).
The 5 coin Type III gold dollar Civil War (P mint) set in choice AU. (sorry that it's five coins but seems like a reasonable challenge; the 1863 will be tough)
<< <i>Welcome! To answer your question, I think that you can realize about $5000 for the coins that you have left (I valued the MS-64 Saints at $700 and the 9 MS-62 $10's at $400).
I noted that you were interested in pre-1900 gold, so we have something in common. Here are a couple suggestions for two coin mini-sets to satisfy your collecting goals:
A Charlotte and Dahlonega $5 in XF-40.
A two coin $3 type set (1854 and a date of your choice, I would pick a Civil War date) in choice AU.
A three coin $20 Lib type set (Type I, II, and III), with each coins from a different branch mint (CC, S, and P).
A New Orleans No Motto and With Motto Eagle (pick slightly better dates in AU).
The 5 coin Type III gold dollar Civil War (P mint) set in choice AU. (sorry that it's five coins but seems like a reasonable challenge; the 1863 will be tough)
That's all for now! >>
Great suggestions. Why no quarter eagles to round out the bunch?
Always took candy from strangers Didn't wanna get me no trade Never want to be like papa Working for the boss every night and day --"Happy", by the Rolling Stones (1972)
Great suggestions. Why no quarter eagles to round out the bunch?
Not interesting enough.
Edited: Okay, I thought of a good one. An 1857-S QE from the SS Central America and one not from the SSCA. The OP expressed an interest in shipwreck coins.)
I do not remember how many there are, but I believe there were a handful of SSCA shipwreck quarter eagles found in the SSCA shipwreck.
A better three coin set for you might be an AU double eagle from each of the three (recent) major shipwreck discoveries: SS Republic, SS Central America, and the Brother Jonathon. You probably could do it within your budget.
Google "SS Republic", "SS Central America", and "Brother Jonathon" and you will learn more than you care to about these three shipwrecks and the coins that were discovered in them. For that matter, search this site as a lot has been written here as well.
Beware... Much of the "shipwreck gold" is marketted in very non-free market ways at excessice prices that do not reflect the value of the coin. Agree for the SS Republic. The SSCA and BJ have been afloat (no pun) on the open market long enough that they are selling at the values you would expect and can be had for little or no premium.
Comments
Russ, NCNE
Try PCGS gold coins first. I just got burned by buying NGC gold coins
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>anything constructive to offer?? >>
Only that those are some sweet coins. You should keep 'em.
Reset: Welcome to the boards.
<< <i>Fresh meat!
Russ, NCNE >>
How is it that Russ always gets to greet the newbies first?? I think he lives on these boards!
TorinoCobra71
<< <i>
IMO,
get what you can for the coins, if you want to sell, then with the money you have go find the coins you can afford. This is a tough call.
Good luck.
Tom
Glad to see for a newcomer you received coins in reputable slabs (Those are in 2x2s with NGC written on them, right?
You can search on e-bay and quickly determine the approximate value of those coins.... You also probably want to get a copy of the grey sheet (actually many different sheets published weekly, monthly, or quarterly) Complete starter sets available for about $17. That will also help you with value of what you have and low end price for what you want to get.
<< <i>Thanks for the welcomes.. Highest preference would be to trade them all for 1 or 2 rarer coins. >>
In my experience, it generally doesn't work that way with higher end/rarer coins.
When those become available it's usually because the seller has decided to cash out or consolidate into even higher end coins.
If that's your goal, you may have to move these first and wait and look around for what it is you're after.
As it is, you've got some nice pieces there. Coins that you wouldn't have any problem moving on the BST board and not have to deal with the hassles and cost involved with eBay. No, don't sell them to a brick and mortar dealer either. Not unless you can get top dollar for them and that's unlikely.
Just my .03
Welcome aboard. Those are some nice coins to have gotten paid with, makes me wonder what you've already sold.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>Yes, legit NGC holders, sold some of the others to a dealer- no problems. ? - What % would you discount these NGC's vs. the online current coin value listing here by PCGS?
Thanks >>
That's not such an easy question to answer. People would need to see these. Gold coins aren't the same as generic Morgans, etc.
Eye appeal, solid for the grade, etc. are needed to give a proper estimate. The discount isn't going to be as great for gold coins as for other collector type coins. So you're in good shape there.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
Keep 'em
My posts viewed
since 8/1/6
<< <i>What % would you discount these NGC's vs. the online current coin value listing here by PCGS? >>
I wouldn't try that. I would spend $17 on the grey sheet starter pack.
Grey Sheet Online.
Vietnam Vet 69-70 - Semper Fi
I assume you didn't need the money as you took them as barter so why not keep them until you know where you want to go. Thats a pretty nice bunch of coins to start out with.
My advice would be to take it slow as there are boogers out there. This may be a gentlemans hobby but you can still get your rear end handed to you on a plate.
Thats my take on it anyway
I noted that you were interested in pre-1900 gold, so we have something in common.
A Charlotte and Dahlonega $5 in XF-40.
A two coin $3 type set (1854 and a date of your choice, I would pick a Civil War date) in choice AU.
A three coin $20 Lib type set (Type I, II, and III), with each coins from a different branch mint (CC, S, and P).
A New Orleans No Motto and With Motto Eagle (pick slightly better dates in AU).
The 5 coin Type III gold dollar Civil War (P mint) set in choice AU. (sorry that it's five coins but seems like a reasonable challenge; the 1863 will be tough)
That's all for now!
<< <i>Welcome! To answer your question, I think that you can realize about $5000 for the coins that you have left (I valued the MS-64 Saints at $700 and the 9 MS-62 $10's at $400).
I noted that you were interested in pre-1900 gold, so we have something in common.
A Charlotte and Dahlonega $5 in XF-40.
A two coin $3 type set (1854 and a date of your choice, I would pick a Civil War date) in choice AU.
A three coin $20 Lib type set (Type I, II, and III), with each coins from a different branch mint (CC, S, and P).
A New Orleans No Motto and With Motto Eagle (pick slightly better dates in AU).
The 5 coin Type III gold dollar Civil War (P mint) set in choice AU. (sorry that it's five coins but seems like a reasonable challenge; the 1863 will be tough)
That's all for now! >>
Great suggestions. Why no quarter eagles to round out the bunch?
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Not interesting enough.
Edited: Okay, I thought of a good one. An 1857-S QE from the SS Central America and one not from the SSCA. The OP expressed an interest in shipwreck coins.)
A better three coin set for you might be an AU double eagle from each of the three (recent) major shipwreck discoveries: SS Republic, SS Central America, and the Brother Jonathon. You probably could do it within your budget.
Google "SS Republic", "SS Central America", and "Brother Jonathon" and you will learn more than you care to about these three shipwrecks and the coins that were discovered in them. For that matter, search this site as a lot has been written here as well.
Agree for the SS Republic. The SSCA and BJ have been afloat (no pun) on the open market long enough that they are selling at the values you would expect and can be had for little or no premium.