I have been offered a pretty large collection of Indian head cents to purchase. The dates are from 1880-1909. 2100+ coins grades ranging G-VF. All dates are included. What's this worth? Anyone have an idea?
Well depends on the asking price but at g-vf with that date range I personaly wouldn't pay more then a few hundred dollars as most in that range worth an average of $1. Of course a few vg 1908/1909 "s"s would change that quite a bit, but is doubtful that you will find any of those. Personaly unless they were being offered at a great bulk price say $200ish I would probably pass. On the other hand I have seen rolls of IHs sell on ebay in the 80-90 dollar range (with 50 being about minimum) so you might in the end be able to turn a profit on them but I wouldn't count on it. To me this sounds more like a roll buyer that is trying to sell off his leftovers after picking
It would be very difficult for anyone here to say how much it is worth without many more specifics. However, this is a general guideline I would follow. Assume they are all in "G" condition. 1880-1886: $2 each 1908 S: $40-$50 each 1909 S: $325 each The rest: $0.75 each In bulk like 2100 coins though, I would offer much less. In fact, I am not sure why anyone would want all the low value ones in good condition. Except for the copper.
I know those are the list prices Gbroke but lets face the fact that you can buy most of those 80-86s for about $1 and the rest (not counting the "s"s) in the .50c range in singles so in a major bulk buy like this I couldn't see paying out money in that range. Also as I implied above 2100 1880-1909 is not a collection it is more of a hoard or chaff pile left over after a hunter has cherry picked em.
Hi. Thank you for replies. All dates are there and I have an exact list of inventory. The only ones not included are the "s"s.
You might be surprised as to why. I know a gentleman who makes a fair living mostly from selling low end/value coins such as these. If one is willing to make the effort and take the time, such coins can be rather profitable.