Except for the terrible spelling and grammar. $1.75 for a wheat cent? I'm guessing he already searched for key dates and there are none. http://chicago.craigslist.org/wcl/clt/3695743007.html
No doubt the silver coins listed are worth nothing more than melt, the non-silver coins are no varieties, or rarities, and are all common dates and circulated. He says the scrap value of the silver alone is between $1600 - $2k, which he may be correct but no doubt he already went to a B&M and their buy offer was less than a $1000 for the silver. Definite pass!
I wouldn't write him off before I saw some photos. His price quotes may be high on some of the items, but that is where negotiation and knowledge of the values would kick in especially since he mentioned that he used the Red Book for silver content. It's possible that he used it for pricing, too. The fact that he suggests meeting in a bank or a police department adds some credibility to the seller. Chris PS. If you decide to meet with him, do it in a police department. There has been a rash of coin thefts in the Chicago area over the last year, and you can always ask the desk sergeant (before he arrives) if there have been any similar coin thefts reported lately.
The dates are pedestrian and condition is circulated. Any "really nice" coins are likely AU-50 at best. I would offer $1500 and walk if it's not accepted (that's a very generous offer!). Here's the breakdown (including the War nickels)... 1. 55 War Nickels @0.05626 = 3.0943 Oz 2. 277 Dimes @0.07234 = 20.03818 Oz 3. 26 90% Silver Halves @0.36169 = 9.40394 Oz 4. 22 40% Silver Halves @0.1479 = 3.2538 Oz 5. 19 90% Silver Dollars @0.77344 = 14.69536 Oz Total = 50.48558 Oz @$28.86/Oz = $1457 (not the 60.75 Oz the Seller claims) The silver weights listed above are based on "Uncirculated" coins. The actual weight is likely 10% less than that. In addition, the Seller also includes five (5) Indian Head cents, four (4) liberty nickels, and 253 Wheat cents.
