Greetings everyone, Just figured I would throw this out there to see if you think I got a deal. I just picked up a complete Walking Liberty Half Dollar collection for $1110 shipped on the Bay... About 10% over melt but includes all of the keys if they are real, which as circulated as they look I just hope you can make out the dates and MM's. What do you think, would you have bought it? http://cgi.ebay.com/ws/eBayISAPI.dl...2B0NgYo%3D&viewitem=&sspagename=STRK:MEWNX:IT THANKS! J
I wouldn't have bought them for that reason. Buying something like that I would want to see a close up of each coin front and back to make sure that all the dates and mint marks were clearly visible, or at least a close up of the most valuable ones. If I were selling something for that price I wouldn't mind offering to send bidders better pictures upon request and I would have at least put a close up the the most valuable coins, probably the 1921, 1921D and 1938D coins to begin with. In this case the pictures offered, the most valuable coin of the bunch, the 1921D, looks pretty worn. I would have requested a close up to verify the mint mark first. Assuming the mint marks and dates are visible, I would say you got a good deal though. Although to me, buying a whole set at once like that kinda takes away the fun of the searching. Even if I'm collecting low grade coins I want to search out each coin individually to get the best low grade coin I can get.
Did the seller provide you with more detailed pictures? I'm not sure I would've bought that as it's almost like buying something site unseen.
I don't collect these coins, but I think you got a "safe" deal, and I'll explain: Even in the worst case scenario of all these coins being worn and the key dates being crappy, you still only paid 10% more than melt for these. And judging by the way silver's rising, if you're totally unhappy with your whole deal you can just flip it and break even (or make a profit) in the next few weeks/months. And if you happen to find some really nice ones among the worn ones, keep them, and that will get you started on a new set and you can continue the "hunt".
Trying to figure out why you paid $1100, considering there was only one bid on the auction (the seller clearly states in his description): " I AM STARTING THE AUCTION AT $900.00 WHICH I THINK IS A STEAL FOR A WHOLE SET"
Here's another set with some excellent pictures... allows you to zoom on individual coins, both obverse and reverse. http://cgi.ebay.com/COMPLETE-LIBERTY-WALKER-HALF-COLLECTION-SET-1921d-/190521949988
He used the "Buy it now" price. Bidding started at $900 but the seller offered a buy it now price of $1100. The buyer could have placed a $900 bid, but then he could have been out bid and if there was a bidding war, even if he won he may have ended up paying more then the $1100 buy it now price. He may have gotten lucky and been the only bidder and saved $200 but that is taking a gamble especially since the set you posted a link to already has 17 bids with 2 days left to go. I'd say he actually made a smart move using the buy it now price, I bet they would have sold for more then $1100 if he tried to bid on them.
Thanks for the opinions everyone. Essentially I was mainly buying these as silver bullion as I like these coins but in low grade they don't really appeal to me. The listing did start at $900 and he originally had a buy it now of $1300 on the set. I offered him $1100 figuring it was a fair price for both parties since melt value at the time of the offer was right at $1000, I figured if the key dates are at least readable someone would want them as fillers for their collection etc. so If I can sell the 3 keys for $150+ i'm in the black. Plus like I said my intention was really just to stack a bit more silver while prices are IMHO high but reasonable and still room to grow. I can definitly see silver hitting $50-$60/oz+. Once melt value on half dollars hits $17 each i'll be in the black regardless as long as they are real silver halves Thanks everyone! J
That would've been a good auction for using a 10% off Ebay coupon. Then you could have paid less than melt for the whole collection. Has anybody else noticed that it's been a long time since Ebay sent out a decent coupon?
Those earlier dates look to be in better condition than the ones you purchased, but then again, the pictures provided for the one you've got aren't the best quality. ...Just my opinion.
Yep they do look better then the ones I got, but notice that the bidding is already at almost $1300 with 2 days left... Guess we will just have to wait and see what mine look like when they arrive and see what that other auction goes for!
Ebay offers coupons? I've been an ebay member since 2003 and have never gotten a coupon I'm looking for a 1877 Indian head, boy would a 10% coupon help me out.
