First time Coin Buyer

Discussion in 'US Coins Forum' started by Levismith240, Aug 26, 2016.

  1. DysfunctionalVeteran

    DysfunctionalVeteran Oddly enough

    The best place I've had when dealing with melt value was directly with the refinery. I think I used Midwest refineries. Their fees seemed to be the best compared to everyone else out there.
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  3. Levismith240

    Levismith240 New Member

    Thanks for all the advice! I'd like to go to a dealer and let them look at them. I live in Nwga. Anyone know of an honest dealer around? Also I bought a 1908 $10 gold Indian. It came from a guy who's father had just passed and was in this box attached below. Can't find anything about the co. On Google. Coin looks flawless.
     
  4. Levismith240

    Levismith240 New Member

    Syracuse Trust Co
     

    Attached Files:

  5. Levismith240

    Levismith240 New Member

    Def paid more than melt price. Even if they Are common dates, if they grade MS+, would they still be worth just melt value? I know having the Morgan's graded would be a waste of time, but what about the gold ones?
     
  6. SuperDave

    SuperDave Free the Cartwheels!

    So you know all the Morgans are neither rare dates, rare in grade nor extra-value varieties?

    Most of the images I've seen so far are of circulated coins. It's possible one of the 1881 $10's is Mint State, the $20's might be. There are over 40,000 of the 1900's graded from PCGS alone; don't expect to get rich if it is, and the 1892-S would need to be MS63 or better to offer any premium. Basically none of these have any real added numismatic value, which is to be expected considering the source. Firms like that have done the legwork to ensure they're not selling value-added coins at bulk prices. Frankly, I would be concentrating more on the Morgans than the gold, because at least the Morgans contain varieties and conditional rarities that not every fly-by-night dealer is aware of.
     
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  7. beef1020

    beef1020 Junior Member


    They would have to be gem level ms to have much value, and from what i could see i don't think they are, but again Betterr pictures would be needed.

    I agree with others that i would focus on that silver, you may have some rare varieties that bring a premium, but again that would require a significant amount of effort on your post to id and find a market. Get a list together of year and mint marks on those.

    I think you can do better than 90 of melt on the gold, but i doubt you'll get more than melt...
     
  8. yankee doodle

    yankee doodle Member

    Go it alone; the risks are all yours, but so will all the profits. You will also learn twice as much which may be the greatest reward
     
  9. baseball21

    baseball21 Well-Known Member

    True, but since they paid above melt that won't really be helpful. Really might just need some grading luck or to sit on them and hope gold goes higher or gets hot
     
  10. mill rat41

    mill rat41 Member

    Getting gold slabbed is expensive and I don't see any coins that would benefit from it. I have bought gold in those Investment Rarities flips and the grading is accurate. If it said choice BU it came back from PCGS as a MS 63.

    I have no doubts about authenticity concerning the coins you posted.
     
  11. desertgem

    desertgem Senior Errer Collecktor Supporter

    When dealing with a refiner, all of the ones I have heard of determine the payment, of your order based on their assay of % after pouring the melt, so read the information carefully and ask specific questions before sending.
     
  12. Levismith240

    Levismith240 New Member

    My half of the silver is as follows.
    5-1904O
    2-1902O
    3-1901O
    7-1900P
    1-1898P
    4-1897P
    13-1896P
    9-1800P
    7-1889P
    3-1888P
    2-1887P
    5-1886P
    7-1885P 2-1885O
    1-1884P 4-1885O
    1-1883P 4-1884O
    2-1882S 4-1884O
    1-1881P 3-1881S 5-1881O
    1-1880P 3-1880O
    1-1879S
    40 were graded xf
    59 were graded au- don't know that much about them but many of them look amazing.
     
  13. Levismith240

    Levismith240 New Member

    From what I have found none of them are special, but I don't know anything about VAMs or anything else that might make them more valuable.
     
  14. DysfunctionalVeteran

    DysfunctionalVeteran Oddly enough

    If all else fails you could wait and see if silver goes back up to the $40's again then flip em on eBay.
     
  15. Santinidollar

    Santinidollar Supporter! Supporter

    Detecting VAMs is a hobby and an art form in itself. It's also a skill that I do not possess. We have a number of VAM folks on this site and hopefully the will jump in.
     
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