My first buys..

The Jefferson $20 lists for $19.95 and up on e-bay.

 

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The melt value for that Liberian proof should be approx. 10.00 right now. For some reason, I think perhaps a coin like that could be had for about that to 12.00 tops, as it is not going to be the fastest selling thing someone has. Based on that, I think many dealers, if you seem interested yet not enthusiastic about a price of 15.00, would be more than willing to knock it down a bit more.

It is a nice coin, I like the design with the ship.

 

Yes just used my last one dollar airtight.

 

Just the design on it caught my eye. On the lamination has 20,000 pieces. Lol the coin is beautiful. Not a scratch one.

 

No, not an American coin. Liberia issues all sorts of other countries history on coins and stamps because it has little else going for it. Did you know that was originally issued by American Mint (no relationship to an U.S. government entity) at $79.95? Yep, they really rip people off on these items. At least it was .999 silver. They also issued a Cuban Missile Crisis .999 medal with JFK's image on it. Don't know if the Kennedy heirs ever got anything out of it though.

 

You did okay. My favorite is the Dolly dollar. Whenever I buy several items from the same dealer and they come up with a total like $30.50 in your case, I would simply ask at that point if they would take $25 for the entire lot. Worst they can say is no or more likely they will say let's meet in the middle. You can save yourself a few bucks and it will add up over time. TC

 

One thing I have always gone by and so I learned this at a young age; If you don't ask it's an automatic no!

 

So if you do ask and they say no no harm no foul has been committed. You can always walk away.

 

I like this. We are all so attuned to big box Walmart style shopping where the price is the price. I know that my dealer enjoys negotiating with me. I been doing negotiations my entire business life....... Shrews, what @TopcatCoin is saying here is sound. I bet most dealers anticipate and probably enjoy a little negotiating in their deals. It’s an art that is being lost in these big box shopping days. But us old guys love it. And it will often save you a few bucks.

 

I'm digging that Dolly Dollar.

 

You did fine. I especially like the simple IHC, I'm a fan (and collector) of classic/old coins.

 

Here's my Liberia $20 I paid $20 for...

 

Oh nice! I was waiting for someone to tell me that they have one too.

 

Difference in these two is the obverse and the one you have is lighter weight than the one Kentucky has, based on what I saw online

 

I was sitting with a dealer at a flea market when he bought it from someone and he offered it to me for $25...I passed. Toward the end of the day he re-offered it for $20 so I did it. Don't know how much he gave for it.

 

I think you may have paid enough for some. I get $2 bills in circulation sometimes. Everyone in southern Maine avoids them as they give them out at the local strip club

 

The Liberia "coin" is just a modern bullion piece and only worth the silver content. I'd stay away from this stuff, they are not collectible coins, you'll just end up with over-priced silver.

The Walker was a bit over-priced. 1964 and earlier US minor silver (hal;f and down) contains about .72 oz per dollar face, dollars contain .77. So, when buying average circ silver, multiply the current silver price by the content. At today's spot of 15.65, your Walker contains about $5.63. Walkers do bring a bit of a premium but not that much. 7 bucks would have been a decent price.

The silver cert is not uncommon and the fold makes it at best an AU, they go for 1.50 and up. I would not recommend purchasing less than UNC as they are just too common. And I wouldn't buy at all unless you intend to specialize in 20th cen, US paper.

The Indian cent is pretty low grade. An OK price would have been $1 - 1.50.

The $2 is worth face value.

In sum, the dealer did not do you any favors, but you didn't get hurt too bad. You just paid full retail from a junk dealer.

For the future, get a copy of The Guidebook of United States Coins (aka The Red Book). Amazon has 'em for $13 and change. Go thru it and find a series that's within your budget and really trips your trigger. The go up on the Heritage Auction archives https://coins.ha.com/heritage-aucti...zed.s?ic=Tab-Resources-AuctionArchives-122214 and see what they sell for.

The prices are actual winning bid prices, not someone's idea of the going price.

One very interesting area of collecting these days (at least I find it so) is Jefferson nickels. Nice design and you can find some spectacular coins in proof sets, unc sets, and roll searches.

In that series, for your thirty bucks, you could buy the following:



I'd also suggest you join a local coin club, if there is one in your area. And attend whatever shows are within reasonable driving distance. You can get a list of coin shows from coinzip.com.

Meet some experienced collectors and have them help you. A pretty girl will have no shortage of guys falling all over themselves to help you out.

Good luck