My $12.00 lot from last nice.

Didn't win the lottery, (bought a $1 mega millions ticket) but I bought $12.00 worth of coins last night from various bins at the coin club. 37 coins total (4 are not shown) Paid 32c each.

75 new pence, worth $1.19

1955 Eastern Caribbean 1/2 cent. 500k minted, worth $2.50 in BU from book. 1960 cent BU, worth $1.50 in book. 1953 South Africa Farthing UNC, worth $1.75 in book.

1906 Edward Farthing. One is XF and $12.00 in book, the other is VF and $5.00 in book. 1912 Farthing, VF, worth 75 cents.
1893 Farthing, VF, worth $1.50 in book, but I will subtract 50c for the rim ding. (Could easily get $1.00 for it at a flea market too). 1909 Edward Farthing. VF, worth $5.00 in book. 1928 Farthing, VF, worth 35c, 1934 Farthing, XF, worth $2.00 in book, but will subtract $1.00 for the verdigris.


1928 Half Penny, F, worth 50c, 1912 Half penny, VG, with graffiti, worth 15c.


1948 Penny, RB AU, worth $5.00 in book. 1949 Penny, RB Unc, worth $8.00 in book. 1936
Penny, F, worth 50c, 1937 Penny, F, worth 50c, 1946 F, worth 50c, 1936 F, worth 50c. 1967 Penny, RB Unc, worth $1.00.


1958 Brass threepence, AU, worth $9.00 in book. 1956 Florin, F, worth 20c.
1977 NZ 20 pence, worth 16c, 1955 3d, Au worth $6.00 in book.


Canada, 1951, 52, and 54 nickels. All Au, worth $1.75, $1.50, and $3.00 in the canadian book.


1906 Netherlands 1/2 cent. Fine. Worth $1.00 in book.



Book Value Total: $71.30

Realistic total: $40-$45

So not bad for $12.00

Now, while I did theoretically make $30 on this purchase (if I wanted to sell), I lost about 25 dollars last night. I had about 8 small silver coins that I put in auction for $1/ea, thinking people would bid, to my horror, only 1 person did and took all the silver.

 

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Very nice-looking lot. Congratulations from a fellow bargain bin hunter.

 

Do you ever dump bins out? Some people don't like you doing it, but it's hard to sift through them like that. I like to tip them out on a counter or a desk, and sift for all the interesting looking ones.

 

I use "bargain bin" metaphorically - searching for dirt-cheap ancients from online dealers that have stuff on clearance. Most brick-and-mortar dealers don't have a box of junk ancients.

 

Looks like a decent haul.

 

This irritates me...ordering some air-tites for these coins, krause seems to leave out the diameter of many coins.

 

Tim, I'm glad you're happy with what you bought, but you're still grossly over-grading your coins.

 

I sell Canadian AU chrome-plated 5-cents exactly like those for $10 per roll (5x face or 25c each).... if you are paying more, and want more, let me know!!

 

In what world is any coin price guide accurate, especially for low value coins? I'd put the "realistic total" closer to $8-9 at the highest provided you have patience to wait to find a buyer, but I'd consider every one of these coins to be material that should be given away to a YN at a coin show.

 

The former.

 

Then you seriously need to brush up on the values of Great Britain Coinage. King Edward VII was only king 1902-1910, and finding his coins are not an everyday occurrence in "junk bins"

 

I was hoping someone might be brave enough to speak the truth
Well said

 

$8 divided by 33 is roughly 25 cents each.

You're not going to buy a 50 new pence for 25 cents, it's worth 80 cents in monetary value alone.

King Edward VII farthings are worth a MINIMUM of $1.00 each if not cleaned or otherwise damaged. (check ebay)

Go to ANY coin shop and try to buy a RB Unc King George VI penny for 25 cents. I dare ya.

Hell, GB large pennies bring 40 cents EACH in BULK LOTS.

http://www.ebay.com/itm/100-Great-B...-1800s-1967-/390609843471?hash=item5af229350f

Seriously, where do you get your prices? Scammers Weekly?

Where do you think book prices come from? Numbers out of a hat? 50% of book value is around $35.65.

75% of BV is $17.83.

To say this lot is worth $8 is pure garbage.

 

Detecto, my friend, do yourself a favor and throw out that price guide. You will have a much more enjoyable time if you're not counting every penny.

 

I know price guides are not accurate Ardatirion , but I almost find it offensive when people say these coins are worth 25c each.

 

They are nice coins but the values you quote are not realistic. You don't have a coin there that you could sell for more than a dollar online. I know this because I've sold most of these coins online, except the ones that I know would never sell so I don't bother. British pennies are beautiful coins but they take forever to sell. I can list them at $1 each for a few months and hopefully one person eventually comes by who is completing a set and they buy a few of them. You say you can't buy a 50 new pence for 25 cents? I can get them for 10 cents from my local dealer's value bin anytime I want. And I don't care what the book says, no one pays a premium for condition on modern coins. Everyone likes to feel they got a great deal, but no one will pay these prices. A coin is worth what someone will pay for it.

 

You should buy all the 50 new pence you can for 10 cents each. 20 cents invested would be worth 1 pounds, which is worth $1.58 USD.

 

It's only worth that if you are going to spend them in Britain.

 

http://www.ebay.com/itm/100-Pound-S...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557