constitution set

Discussion in 'Coin Chat' started by lackluster, Oct 18, 2010.

  1. lackluster

    lackluster Junior Member

    Heading to ISNA show in a couple of weeks. thinking about dragging my 4 pc. constitution set to sell. Any ideas as to what I could expect to get? also what will happen to the older common ASE proof prices when the mint starts selling the 2010? I thinking the commons are bringing $50-$60, but the mint is likely to price the 2010 below that, don't you think?

    Anyway it's a good show and I always loook forward to it.

    Lack
     
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  3. jaceravone

    jaceravone Member

    The coins themselves aren't selling for anything more than spot....unfortunately. If you have the original 4 coin set, that may carry a bit of a premium. If you are every wanting to get a feel for what the market it doing, go to ebay, search for your coin/s and then to the the advance search tab and click on that. Then check the completed listings box. This will give you all the past auctions for your particular coin over a few weeks period of time. A quick look on ebay revealed that your particular set sold for $715 yesterday. It did not sell for $750 a few days ago. Sold for $706 on the 9th. So on and so on. So basically, your set is worth somewhere in between these values. There were eight pages to look at and I only looked at the first two. This will give you an idea on what you should ask for....although, you may not get it. Good luck!
     
  4. Vess1

    Vess1 CT SP VIP Supporter

    I was just at a show this past Sunday and saw A LOT of people bringing in gold to sell at the new record high prices. And there were a lot of dealers that seemed nervous to pay the new higher prices. The steep run up the last two weeks in metal prices has not been long enough of a trend for them to be comfortable with yet. The dealers really didn't want to buy PMs, but did behind spot. In the time I was there, I saw several ounces sold at different tables. One guy was buying silver at 23 and selling at 25.

    They're usually really hard on commemoratives at shows too. Never tried selling any but I've watched them talk other people's down quite often. Graded and ungraded unless it was something reasonably rare. They usually give the excuse that they already have "X" number of sets, coins, in inventory and don't really need anymore, as a way to low ball. Can't beat the new PM prices right now though.

    FWIW, I really like commemoratives and I think many of them are undervalued. I'm glad most are so affordable.
     
  5. LEG END

    LEG END Junior Member

    Sadly, the spot price on gold is outstripping issue price for older gold, and some lovely coins-especially the Constitution coins- are being given to melt dudes. It's a sad market for proof coins.
     
  6. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    I'm big on commems too and lovin' the flat prices on many offered for sale. I figure it's only a matter of time before it flip/flops the other way......
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    Unfortunately green, people have been saying that since about 1915.
     
  8. Treashunt

    Treashunt The Other Frank



    well, I agree and disagree.

    Actually, I believe it was 1892.

    ;)
     
  9. GDJMSP

    GDJMSP Numismatist Moderator

    Welllllllll - since you're old enough to actually remember when it happened - I shall defer :D

    edit - told ya I'd getcha ;)
     
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