I'm thinking of buying an interesting set of uncirculated/proof coins, but I'm not quite sure what a fair price would be. Does Cam/Deep Cam make a significant difference in value? I looked at the numismedia price guides and wasn't sure if that was a fair assessment, they seemed a bit high. The coins are all uncirculated MS67-MS70. They are not professionally graded, but were graded by a reputable coin dealer and put in plastic cases. The coins look stunning in person, they were all broke straight out of proof/mint sets. Here is the lot: Quarters: (not silver) 2006 Washington Quarter Nebraska MS68 2006 D Washington Quarter Nebraska MS69 (silver) 1944 Washington Quarter MS67 1945 Washington Quarter MS67 1946 Washington Quarter MS67 1946 Washington Quarter MS67 1952 Washington Quarter MS67 (silver proofs) 1955 Washington Quarter PR67 Deep Cam 1957 Washington Quarter PR66 Deep Cam 1958 Washington Quarter PR68 Deep Cam 1959 Washington Quarter PR69 Deep Cam 1960 Washington Quarter PR68 Cam 1961 Washington Quarter PR69 Cam 1962 Washington Quarter PR68 Deep Cam 1963 Washington Quarter PR69 Cam 1964 Washington Quarter PR67 Cam 2006 Washington Quarter Nebraska PR70 Deep Cam 2006 Washington Quarter Nebraska PR69 Deep Cam 2006 Washington Quarter Nebraska PR70 Deep Cam 2006 Washington Quarter Nebraska PR70 Deep Cam Half Dollars: (silver) 1964 Kennedy Half Dollar MS67 1964 D Kennedy Half Dollar MS68 (silver proofs) 1955 Ben Franklin Half Dollar PR67 Cam 1957 Ben Franklin Half Dollar PR67 Cam 1958 Ben Franklin Half Dollar PR68 Deep Cam 1959 Ben Franklin Half Dollar PR68 Deep Cam 1960 Ben Franklin Half Dollar PR68 Cam 1961 Ben Franklin Half Dollar PR68 Cam 1962 Ben Franklin Half Dollar PR68 Cam 1964 Kennedy Half Dollar PR69 Cam Nickels: 1943 D Nickel MS67 TIA for your input!
That's quite a list! I would suggest checking ebay to see what they go for and also this: http://www.amazon.com/gp/product/0794833497
I have that book. The only grading I see for proof is one: PF65. Is that what I should go by for all of them?
Honestly for real world prices, your best/easiest bet is to try and find/watch some on ebay and see what they go for. In fact I think you can even search for completed auctions (or at least you used to be able to i think) but I haven't done that in a while. Seems the book prices and real world/auction prices are not always that close though...
I suppose my question would be this: How much of a premium are you willing to pay for very, very common coins in high (and possibly overgraded) coins? There is a coin shop here in SLC that is owned by a former president of the ANA...it's notorious for overgrading and overpricing its coins. I don't even go in the door any more. Personally...I wouldn't pay too much of a premium unless MY opinion of the coins was that they were worth it. But then, I see plenty of these coins around - so I'd shop around for the best price. A 1913 S Barber Dime, 1914 S Barber Quarter in a nice grade...well, that's a different story. I never see those at shows in F or above.
Washington Quarters: 1944: 105 million 1945: 75 million 1946: 53 million 1952: 39 million 1955 Proof: 350,000 smiley face here, like this figure I suppose my thought was that many of the coins here have millions and millions of them available...there are a couple that I'd want - the 1955 proof, any really high quality Jefferson (if the price is right), etc....but I see so many of the other common coins that I'd try to search around and find my own gem for a good price.
"1955 Ben Franklin Half Dollar PR67 Cam", if it actually is a cameo coin, would be worth right around $200... That is, by far, the best coin out of this lot. Photographs would be very helpful! -Brian
Grading is subjective. For the items to be "liquid" in the market if you ever want to sell them, it is beneficial if those grades you have listed are assigned by a respectable/reputable Third Party Grader (NGC, PCGS, ANACS, ICG). I would ask if the coins are certified and encapsulated (slabbed in plastic) before paying anything close to what they are going for on eBay. See my comments below in blue. In general, I would say the whole lot is probably over-graded by at least 2-3 if not more grades on each coin. The Cameo and Deep Cameo attribution for Proofs from the 1950s and 1960s are also likely a little bit loose. Quarters: (not silver) 2006 Washington Quarter Nebraska MS68 2006 D Washington Quarter Nebraska MS69 Are these the business strike or Satin Finish quarters? If they are business strike, they are almost definitely over graded. If they are Satin Finish, they are common and not worth much of a premium. (silver) 1944 Washington Quarter MS67 1945 Washington Quarter MS67 1946 Washington Quarter MS67 1946 Washington Quarter MS67 1952 Washington Quarter MS67 If these are truly MS67 coins, then they carry a bit of a premium, but not much raw. If they are certified by NGC or PCGS, these are pretty rare. For example the 1944 recently sold on eBay graded MS67 by NGC for $175. My guess is that these are all raw and over graded (subjectively) by the seller. (silver proofs) 1955 Washington Quarter PR67 Deep Cam 1957 Washington Quarter PR66 Deep Cam 1958 Washington Quarter PR68 Deep Cam 1959 Washington Quarter PR69 Deep Cam 1960 Washington Quarter PR68 Cam 1961 Washington Quarter PR69 Cam 1962 Washington Quarter PR68 Deep Cam 1963 Washington Quarter PR69 Cam 1964 Washington Quarter PR67 Cam 2006 Washington Quarter Nebraska PR70 Deep Cam 2006 Washington Quarter Nebraska PR69 Deep Cam 2006 Washington Quarter Nebraska PR70 Deep Cam 2006 Washington Quarter Nebraska PR70 Deep Cam The pre-1964 Washington Quarters in high proof grade carry a premium. However, in particular, the 1950s quarters are quite rare in true Deep Cameo. As an example I will use the 1958 PR68DCAM you have listed. That coin is rare, worth several hundred dollars if not a couple thousand if it is truly that grade. But again, unless these are graded by NGC or PCGS, the grade on the plastic holder carries little worth....and if they are raw, then they are clearly likely overgraded. BE CAREFUL! Half Dollars: (silver) 1964 Kennedy Half Dollar MS67 1964 D Kennedy Half Dollar MS68 These grades worry me. MS68 Kennedy half would be worth a small fortune. These are almost certainly over-graded. (silver proofs) 1955 Ben Franklin Half Dollar PR67 Cam 1957 Ben Franklin Half Dollar PR67 Cam 1958 Ben Franklin Half Dollar PR68 Deep Cam 1959 Ben Franklin Half Dollar PR68 Deep Cam 1960 Ben Franklin Half Dollar PR68 Cam 1961 Ben Franklin Half Dollar PR68 Cam 1962 Ben Franklin Half Dollar PR68 Cam 1964 Kennedy Half Dollar PR69 Cam Beginning to sound like a broken record here, but the cameo and particularly the DCAM on Franklins is quite rare. It varies by year (do some research on eBay or Heritage Auctions), but in general, they are almost guaranteed over graded, raw coins. Nickels: 1943 D Nickel MS67 Unless it's really spectacularly toned or has Full Steps, this isn't worth too much. If it is graded and slabbed by NGC or PCGS, then they are going for about $25-30 on eBay in MS67.
I wouldn't put too much faith in that dealer's grading estimates, particularly for the 70's and/or CAM or DCAM. I recall another long-time dealer who complained that NGC undergraded his 1995-W PF Silver Eagles. He thought they were no-brainer 70's, but when I examined them with a loupe, I could see small "tickmarks" in the frost. Also, values reported by Numismedia will be rather high, and as previously suggested, you should search eBay for "real world" results. Chris
Yes as in the first post, I had checked those values and they seemed high. But maybe the grading is high too.