I also have several unslabbed coins that I will be selling, but need to some help from this group before I list those. Taking in account that they are MS 65/66 or better, can anybody give me a 'guestimation' of their value so I can determine wheteher it is cost effective to get them slabbed? These two are both in Cherry Pickers and i sent them into James Wiles for attrubution.: Lincoln Cent: FS-1972P 103 (033.53) (qty. 4) Roosevelt Dime FS-1969D-501 (020.4) (qty. 4) Read more: http://www.cointalk.com/t227857/#ixzz2TNpKrNQC
spent'em Well... after seeing no responses out of 92 views I decided to surf the web for some answers and determined that they're pretty much junk.. the pennies are MS 64 -- 63'sh and the dimes aren't worth the trouble as there isn't much out there written about them. So, I donated them to the local quick stop gas mart up the street
In PCGS slabs, the cents are going for $75-$85 in MS64 and GEM+ examples of the dime are going for around $50 over on Teletrade.
Thanks... There gone. I just donated them to circulation so someone else could find them. I just would have broken even if i'd bother to slab. really not worth the trouble.
To each his own, but chances are that they'll never be found again, and if they are it might be so far down the road that they are badly worn and/or damaged from circulation. Why not just sell them raw on Ebay?
I do sell some things on eBay... but I have found low end items cost me more to process. As for selling error coins on eBay, non-certified coins don't sell well as they are a risk. There are a lot of knock-offs out there. On low end coins - I have a couple of hundred premium proof and MS coins form sets, and a few rolls. I have tried selling these types before and just eat my lunch on them... the market is saturated.
I don't understand the point in spending those coins-- they're only accepted as a few cents in commerce, whereas they could have collector value. I always save older uncirculated coins like that-- they're kind of neat, and I'm not really tying up any money by putting them aside.
You might try Teletrade sometime. It would be a waste with minor varieties, but I've had success selling Fivaz-Stanton varieties because you can submit them through Teletrade directly, and they will in turn send them to PCGS who will slab them through Teletrade for $11 with variety attribution. I just always search Teletrade to see what a given variety is going for in a given grade and see if it's a profitable coin. Right now there are no fees for the sellers; the buyers pay all the premiums.
I agree with you, but I am no longer a collector... A few years back, I thought it would be fun to get connect to my younger days and begin collecting again. I really enjoy(ed) coins, especially the older moderns ( I think todays coinage are weak and pitiful, indicative to a weaker nation, in pride and identity. Our coinage of past reflected our ideals and strengths... our purpose. Now they're just ...flat. no life... but I am getting off on a tangent.) back to collecting... I got back into it with a zeal. I joined a bunch of clubs, purchased bags of coins and began to mine and filter through all of the rough for a few diamonds. I joined the online clubs, including coin talk, and sought advice and encouragement, but what i found was the same narcistic whiners that I work with out in the world... sarcasim directed at nubies, not-invented-here syndrome, if you found something cool, there was always the idiot that want to try and steal it from you. It was pitiful, and it made collecting coins a chore, rather than a reward. I then tried to get relief from the insanity and negative emotions of third party graders and I found them to be a pitiful as the egos i have been dealing with in the clubs. I have been getting discouraged at the inconsitancy betweeen opinions of the graders, themselves. I have lost a few thousand dollars in the past three years by their greed and the misdiagnosting of a few coins... then we get back to eBay; now they tell us, the collecting society, that we cannot use terms in communicating our opinion that a coin is either and MS65 or a 68, or maybe even a lowly 63... only professioanl third party graders have the right to do that now... Speaking attributes and grades in a formaly accepted language of codes and ratings has been forbidden, why, we might ask, becasue the third-party graders have gotten thier lawyers withthe lawyers of the eBay and have rewritten the rules so they can provide exclusive opinions on the condition and worth of a coin... the fun in collecting has just been thrashed, except if you ar one who has been able to ride the guantlet of pride and greed and has finacialy positioned oneself to take advantage of this... move towards taking the hobby out of coin collecting... I probably will get back into it on day.. but it has become another distraction today, and not a pleasant one.
Minty - I have the same exact feelings you do. I collected with my grandfather 20-30 years ago, when he passed the hobby faded as I encountered the numerous personalities in the hobby world. Now my son has some interest, and to watch the local coin shop charge a premium on a presidential dollar coin that I can get for face at the bank has shown me and hopefully him the reason I got away from the hobby. Even coming here is depressing seeing the comments trying to out do eachother and the "well I have something better" comments, a recent thread I started brought out the negative commentators. I guess moderation is the key to any hobby.
Thanks Jiggy... your thoughts helped... I just see it everywhere now a days and it just makes it a little more frustrating... ... a great anecdote I found for myself is spending cool coins from time to time. I put MS 65 grade steel pennies in the tip bucket at Starbuck's every Christmas season and drop a few MS 63 /64 proof 1962 & 63 coins at various places as well... it gives me a kind of high when i do, thinking that someone is going discover a cool coin in their change. It's often more rewarding than dumping it cheap to an unapreciative greedy individual... Keep it going with you sons...
