The best deal you got while buying/selling coins

Discussion in 'World Coins' started by bekiz, Mar 5, 2012.

  1. bekiz

    bekiz Member

    Let's brag :hail:

    I'll start ...

    A year ago bought a set of 5 coins, one of them was 0.5 oz gold, commemorating Olympic Games in Seoul, 1986. Payed for the whole set $100.

    Today, bought a lunar series chinese coin, .4 oz, though it is 1990 and only 15000 were minted. Bought it for $37 plus shipping. SCWC made me surprised as it was listed there 3 times the value.


    So, what was you good deal?


    P.S. Will post the picture later.
     
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  3. ikandiggit

    ikandiggit Currency Error Collector

    Besides the stuff I've found roll or stack searching, one of my best favorite buys was this:

    Bought this from a dealer last year for about $1.. After having it tested (because it wasn't marked) I found out it's an ounce of .925 silver.

    [​IMG]
    [​IMG]
     
  4. Mark14

    Mark14 Star Wide Receiver

    well while searching a lot that i paid $30 for, i found $60 face worth of mexican pesos
     
  5. cman

    cman Junior Member

    I went into a local coin/card shop and traded a ton of cards that my grandfather found at the dump (he works the compactor)
    The man had to show him what was inside and he gave them to me. Traded them for a 1/10th ounce gold eagle. Sold it for just under 200.
     
  6. jjack

    jjack Captain Obvious

    Did you happen to check how much the cards are worth in Becketts or some price guide?
     
  7. daship

    daship Member

    About 2 months ago, I got 3 Canadian silver quarters and a 1905 Canadian 5 cent piece (which I think is also silver) for $ 6.01 including shipping (ebay).
     
  8. icerain

    icerain Mastir spellyr

    Even though I have shared it before I will share it again.

    When I first started getting into coins I went to a thrift store in my neighborhood. I was looking for US coins but the store happened to have some world coins too. So I began digging through and saw a bunch of coins in the 1800's. Not knowing what they were I picked out a bunch and asked for the price. The store was asking $6 each which too me was way too much. I talked him down to $4 each, which was probably still a bit too much I thought. I bought them anyway and went home to check what I bought. The two most memorable coins from the lot:

    1892 Hungary 2 Filler around VF-XF range. Numismaster has a price of $60 in VF
    1885 Austria Kreuzer looks to be Unc. and red colored
     
  9. GeorgeM

    GeorgeM Well-Known Member

    I bought a 1929 Silver Zeppelin Medal from XXX (one of the big auction houses with an office in Dallas). My high bid was $150, and I was a bit surprised to see the bid hit the max. When I went to pick it my silver medal, I was surprised to find that there had been a listing error in the catalog and I had actually purchased both the silver and gold issue. I paid quickly and tried not to let my surprise show too clearly...

    http://mycoins.co/silver-zeppelin-medal
    http://mycoins.co/gold-zeppelin-medal
     
  10. medoraman

    medoraman Supporter! Supporter

    Hmm, maybe a lot of Byzantines for $40, (50 coins, so that wasn't bad right there), but had an Ostrogothic bronze in it worth at the time maybe $300.

    Or maybe a group of 68 coins from ebay with bad pics. I believed the seller and paid $200 on a hunch. First coin I opened was a VF Tetradrachm. Still haven't gone through them all, but I know there are world coins like a BU Victorian crown and some silver RR denari in there.

    Another could be a whole binder I bought. I think 5 sheets full, and I assumed all $2 coins, since I got it for like $50. One was marked $800, I thought it wishful thinking, but all be danged but Krause has it for that price.
     
  11. cman

    cman Junior Member

    Yes i did. That used to be my old hobby. They were all commons.
     
  12. WingedLiberty

    WingedLiberty Well-Known Member

    In May of 2011, I decided I wanted to buy the smallest U.S. coin ever minted --the Type I One Dollar Gold. I walked into my local coin dealer, told them what I wanted, and they pulled out a box of raw supposedly uncirculated $1 gold coins stapled in 2x2s and the price was quoted as $395 for anything in the box.

    In picking through the box of gold coins, I stumbled on one that looked like it had original (undipped) color and very few marks. I thought, "Wow, this looks really nice, but is it too good to be true". My main concern was that it might be fake (always a risk with raw gold). I was also concerned with some weakness in the date on the reverse (that perhaps the weakness was from a bit of wear and that the coin might only grade AU) . However this coin had what appeared to be great original luster, never been cleaned, no hairlines, and few marks so I decided to roll the dice for $395.

    A few weeks later I sent it into PCGS holding my breath (hoping it wouldnt come back counterfeit or AU). After 3 weeks, I was notified that my grade was in. I clicked on the link and my jaw dropped when I saw PCGS put an MS64 grade on it. Wow! The PCGS Guide price at that grade was $1825.00!! So on paper I basically made over a 400% return on my initial investment in a month ... from $395 to $1800+. This is a rarity for me as usually I lose my shirt when I buy a coin!

    TVBlack_1851OneDollarGold.jpg

    One final note, this is a tiny coin, smaller than a dime. Here is a true to life sized image for comparison. So if you ever go to buy one, be sure to bring your magnifying glass! It's pretty wild when a coin is so small there is no room on the obverse for the date or any lettering at all.

    1851_GoldDollar_DimeComparison.png
     
  13. Biancasdad

    Biancasdad New Member

    A young 19 year old kid walked into my house (which is also a jewelry/gift shop) and had a 50 peso Mexican gold coin from the 1940s. It actually said 37.5g puro oro right on the obverse of the coin. I gave him $1000 cash on the spot and his eyes lit up like a kid in a candy store.

    Anyways the coin itself had $2100 of pure gold in it plus the added value of it being in very nice condition. And people say gold buyers are sleezy.:cool:

    -Kurt
     
  14. JCB1983

    JCB1983 Learning

    I don't know if this counts but I pulled a 1942/1 Mercury Dime (XF-40) out of a roll of Merc Dimes. The only thing is that it was an inherited and I'm not sure if it was planted. Other than that prolly a 1873 Seated Dime AU-55 (Coin Facts example). Got it for around 300.
     
  15. Kasia

    Kasia Got my learning hat on

    Absolutely a great thing to happen! Congrats on taking that chance.
     
  16. bekiz

    bekiz Member

    Here is my recent coin I want to show. Bought it for $30.
    15000 minted. 15g. .4 oz ASW
    Krause lists it at $115. Ebay - $200.
    Chinese coins become more expensive year after year.
    1-DSC_0085.jpg 2-DSC_0087.jpg
     
  17. GeorgeM

    GeorgeM Well-Known Member

    I'm curious - what's the $800 coin (according to Krause)?
     
  18. NOS

    NOS Former Coin Hoarder

    The best deals I ever got was winning a raffle drawing at the coin club I used to belong to or being able to pick out a coin from the "youth" box. You got to keep the coin for free; all you had to do was a presentation on it at the following meeting.
     
  19. Cucumbor

    Cucumbor Well-Known Member

    25 years ago, I sold for 50 french francs (Euro wasn't born at the time) a worn (not that worn !) middle bronze of Nero that I had bought previously for 2 francs in a junk box.

    Wish I had bought 20...:D
    Q
     
  20. illini420

    illini420 1909 Collector

    Not the biggest dollar gain I've ever had on a coin deal, but probably the best percentage return in such a short time...

    Bought a PCGS MS67 missing edge lettering Prez Dollar at auction for $75... sold it less than 48 hours later for over $2000.

    Obviously the other bidders in the room didn't know the real value of that one at the time ;)
     
  21. bekiz

    bekiz Member

    return even W.Buffet couldn't beat :)
     
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