Well I went to the CD for coins. I bought 2 coins. 1.A 1909P VDB vg coin. 2. I bought a 1955 MS 63 Frankie half graded By ANACS. Whats the value? I will release the price I paid after. Thanks, Ricky...
Well a cents worth of copper is about 3¢ and the half's silver is worth about $11.00 now we have to figure in the numismatic value and that is hard without seeing if the assigned grades are correct.:devil:
Without seeing pictures, that penny you can usually fetch in VG condition for about $10 on most days. Paying more than $15 would be paying too much in my opinion. As for the Franklin, I'd say $25 would be a great deal, over $35 your wasting money and can find that coin or similar for less elsewhere.
Ricky - you can determine this yourself. Goto heritage and see what comparable coins go for. I do this after every trip to the local shop - especially on the graded stuff. As a matter of fact I do it when I shop online also. So if a dealer I like has a coin at $200 and I can get it for $100 from heritage - then I skip it. But If I can get it on heritage for $180 and $200 at a dealer - I buy from the dealer. Bottom line - sometimes no matter what you paid some will say you over paid for the coin. To me it is more important I figure it out for myself, understand myself and decide myself if I over spent. And sometimes I know it when I do it - but I want the coin. Sometimes not as much about the money as the coin and my collection. If you are really happy with the coins - then you did not over spend. At the same time it does not hurt to do the research. You also learn along the way. PS - It also helped me determine the local shop has reasonable prices. For example the last coin I bought was PCGS AU55 $1 gold - I spent $275 and on heritage the recent coin in this grade went from 275 to 322(with BP of course). So I did fine and this was without my normal discount - figure because I am going down there so seldom lately.
