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CoinTalk > Coin Forums > Coin Chat Was this a good deal?

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LinkBack Thread Tools Rate Thread Display Modes 11-18-2009, 03:32 PM   #1 (permalink) kudegras Kudegras     Join Date: Nov 2009 Location: Alabama Posts: 109 My Mood: Was this a good deal? I bought this for 15 dollars at a local dealer. http://s766.photobucket.com/albums/x...1.jpg&newest=1 http://s766.photobucket.com/albums/x...1.jpg&newest=1   11-18-2009, 03:33 PM   #2 (permalink) mat Under Liberty's Bed     Join Date: Nov 2009 Location: Los Angeles Posts: 339 My Mood: Not really, considering how it looks, maybe worth about $5 or so.   11-18-2009, 03:36 PM   #3 (permalink) BNB Analytics Coin Collector   Join Date: Aug 2009 Location: Los Angeles, CA Posts: 1,875 My Mood: Blog Entries: 1 Quote: Originally Posted by mat Not really, considering how it looks, maybe worth about $5 or so. Agreed. Did you check redbook on it? What grade do You think it is?   11-18-2009, 03:40 PM   #4 (permalink) illini420 1909 Collector     Join Date: Jul 2009 Location: Calabasas, CA Posts: 1,493 My Mood: Quote: Originally Posted by mat Not really, considering how it looks, maybe worth about $5 or so. Come on, even melted it's worth $6.67 based on today's metals prices. Based on it's condition and assuming it's a common date (I haven't checked) and what I've sold "junk" Barber coinage for in the past, I'd say it's worth $8-$10. __________________ My 1908-S Indian Head Cent Grading Set http://tinyurl.com/bbzy8y My 1909 Mint Registry Set http://tinyurl.com/dj7nbg   11-18-2009, 03:49 PM   #5 (permalink) boxerchip Runnin' Buffalo     Join Date: Jun 2009 Posts: 521 +1 on the $8-10! Ebay?   11-18-2009, 03:52 PM   #6 (permalink) LostDutchman exsisto magister     Join Date: Jan 2009 Location: Indianapolis, IN Posts: 1,607 My Mood: Blog Entries: 1 AG barber coinage is bringing melt these days and that's about it with silver up so high. __________________ Matt Dinger Lost Dutchman Rare Coins   11-18-2009, 04:26 PM   #7 (permalink) Treashunt The Other Frank     Join Date: Oct 2006 Location: New York Posts: 17,767 that Barber is AG. No more than about $7 (considering that silver is about 13X face). I could say that $10 would be high, but possibly fair. But, $15, no way. Next time that you want Barbers PM me. __________________ The Other Frank "Buy The Book Before The Coin!" Buy The Book before the Book: http://www.whitmanbooks.com/Default....tID=079482580X   11-18-2009, 04:35 PM   #8 (permalink) kudegras Kudegras     Join Date: Nov 2009 Location: Alabama Posts: 109 My Mood: Thanks for the info everyone.After viewing your responses I probably will not be going back to that dealer.   11-18-2009, 04:38 PM   #9 (permalink) BNB Analytics Coin Collector   Join Date: Aug 2009 Location: Los Angeles, CA Posts: 1,875 My Mood: Blog Entries: 1 Quote: Originally Posted by kudegras Thanks for the info everyone.After viewing your responses I probably will not be going back to that dealer. Or just upgrade your negotiating chip   11-18-2009, 04:49 PM   #10 (permalink) jallengomez Cessna 152 Jockey     Join Date: Jul 2009 Location: Duluth, Ga Posts: 788 Quote: Originally Posted by mat Not really, considering how it looks, maybe worth about $5 or so. That's about what I was going to say. I've recently sold several of these on Ebay and they all went for $5-$6 bucks.   11-18-2009, 04:56 PM   #11 (permalink) m. gill 3 LEGGED BUFFALO   Join Date: Apr 2009 Location: Louisiana Posts: 7 My Mood: You might want to invest in the official Red Book. I always have mine with me when looking to purchase coins at a show or shop I'm not familiar with. However, it's very important to find a dealer (shop) that you can count on to be straight with you. Finding a very knowledgable and fair shop owner is priceless. I found one and he has every and any coin I could possibly desire. If he doesn't have it he will get it for me. Good Luck! There are plenty of great dealers out there you just have to find the one nearest you.   11-18-2009, 05:51 PM   #12 (permalink) snaz Registry fever     Join Date: Dec 2007 Location: Alberta, Canada Posts: 3,318 My Mood: Quote: Originally Posted by kudegras Thanks for the info everyone.After viewing your responses I probably will not be going back to that dealer. Quote: Originally Posted by BNB Analytics Or just upgrade your negotiating chip I agree 100% with BNB, there is no need to ignore the dealer now. At ANY dealers shop you will find an overpriced coin somewhere. It would take anyone all of about 2 minutes to find one. Just practice your negotiating, and buy a few books before you buy a few coins. There are always good deals to be found, you just have to know what you're looking for, __________________ -Shawn Need your Canadian copper identified? Need your Canadian Colonials identified? Go here >>>>> http://www.canadiancoppercoins.com W.I.N.S# 743 ENS Club Member   11-18-2009, 06:28 PM   #13 (permalink) chip chip     Join Date: Jun 2009 Location: Northern Illinois Posts: 974 Blog Entries: 23 take it back to him and say you changed your mind, and if he asks why tell him that those are selling for about 7 just for silver content and a premium, if he refuses to refund your cash tell him you are just getting into coin collecting and it would be nice to find a dealer that stands behind his goods, you were hoping he might be that dealer but oh well ten bucks is a cheap price for someone to let you know that they are not a fair dealer, better to find out on a small purchase like that rather than on some 1000 dollar coin. __________________ E Pluribus FUN!   11-18-2009, 09:51 PM   #14 (permalink) Leadfoot Numismatist     Join Date: Apr 2005 Posts: 5,896 My Mood: I think you overpaid by about $7+. I would just put the coin in a 2x2, and consider it a cheap lesson that you shouldn't buy a coin unless you know its value beforehand.   11-18-2009, 10:54 PM   #15 (permalink) tmoneyeagles Indian Buffalo Gatherer     Join Date: Feb 2009 Location: San Antonio Posts: 7,323 My Mood: Quote: Originally Posted by kudegras Thanks for the info everyone.After viewing your responses I probably will not be going back to that dealer. Some dealers are just like that, normally when you buy more than one item, they might give discounts, just depends on the cost of the item. Build a rapport with them, stick around, ask them how they are doing, laugh with them, tell them about your experiences, etc... __________________ 2nd Annual CoinTalk Fundraiser Donations will be taken from March 1st to March 27th   Bookmarks Digg del.icio.us StumbleUpon Google Would you like to support CoinTalk? Coin Talk Code of Honor 1. Post unto others as you would have them post unto you. 2. Keep it clean, like a 1950s family television show. 3. If you don't like the coin, don't trash the person. « Your Rarest RAREST Coin of All Time.. All Time! | How do I recognize a good dealer if I'm new? » Thread Tools Show Printable Version Email this Page Display Modes Rate This Thread Linear Mode Switch to Hybrid Mode Switch to Threaded Mode Rate This Thread: 5 : Excellent 4 : Good 3 : Average 2 : Bad 1 : Terrible Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules Similar Threads Thread Thread Starter Forum Replies Last Post Newbie: Won this VAM 5B / R6 Rarity Morgan on eBay..Good Deal? rh287 US Coins Forum 15 03-11-2009 06:36 PM good deal or rip-off? borgovan US Coins Forum 22 02-27-2009 12:23 PM Did I get a good deal? 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