What would you pay for this lot Morgan and Peace Dollars?

Haven't seen them yet, just got the list. What would you pay for the lot?

 

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The prices written down are fair for some, high for others, & crazy high for a few considering they're not slabbed. I'd add up the total and take off 30% for a fair price, 50% for a bargain.

 

Without seeing them, I'd pay nothing.

 

Impossible to take a shot. I'd get rid of his grades, number 1, then spend a weekend w/them.

 

They want $2800 for the lot, or 85% of the listed price on individual coins. Any stick out that you'd jump on? The CCs or 1894-S?

 

The coins are worth about as much as that piece of paper they are written on, plus melt and face. Unless you actually see the coins.

 

I know I won't know until I actually see them. But it's an hour drive to see them and I don't want to overpay.

 

How can you overpay? Do you have to commit to a price before you go see them? Then you can't back out or lower the price when you do see them?
I don't understand. Unless you aren't really comfortable grading them. I would just be sure any aren't damaged, harshly cleaned, etc..
Check the rims, looks for scratches, and bring a scale.

Anything stated as MS +, and you are certain it is due to unbroken luster, assume it's MS-60. When it's raw, that's what I do.

Good luck. It seems like something that could be a nice deal. Keep us posted!

 

This doesn't help you but it's 35 miles to buy milk and 210 miles to the nearest coin shop for me. Take the hour drive.

 

No offense, BigTee, but if you cannot properly price/value coins, you really should reconsider buying. 16D was right in telling you to throw his grades away, plus most all are likely melt value material from what I can see. Most of the others are not high premium coins, so assuming that there is truly special or valuable hiding in the lot, his price is high IMO. There is a well circ CC and 94-S, big deal. $195 for a RAW "MS65" 81-S? While this alone does not say much, when looking at the other so-called "values" it does. 85% of his so-called retail on a bulk buy is laughable. Were I to look at this from a collectors standpoint, and if I am correct in that there are 47 coins total, I would start at $1100 and probably not go that much higher. With silver prices where they are today, many otherwise collectible coins are melt material, so use it to your advantage.

 

You really have to see the coins in hand before coming up with a price. As far as you know, they could all be counterfeits.

 

I'm not great at grading Morgan or Peace Dollars yet. I just left my Lincoln series and started the Morgans. The lower grades I think I'm good at grading. But the difference between a 62-65 is where I'm lost. I have a few 63s-65s and I know that the 65s have very few marks. But if you had a raw 63 64 and 65 side by side I don't know if I'm educated enough to make the right call. I guess ill go take a look and take a few days to think about it.

 

Listen to yourself, and I think taking some time is a wise choice. Remember that NONE of these coins are rare, and that every second of every day near countless examples of each could be found, so buying at anywhere near the asking price, you would be doing yourself no favors, especially if looking for resale.

 

melt + face ?

when you melt it, you lose the face value.

 

Thanks everyone. Ill update this when I have seen the coins.

 

Good luck big Tee there's a lot of good advice here but if your looking to resell these coins and your unsure of your grading skills save the hour drive.

 

Was going to buy a few for my album, sell some of the others. I'm going to have to check eBay prices. Although I know most commons sell for $30-35