I was given a collection of silver dollars a while back. Not knowing much about coins, I looked them all up. First off, what are your opinions on the site "cointrackers.com"? Secondly, of all the coins i researched on this site, two stood out as being potentially valuable. 1. a 1923 s Peace dollar. It's in fairly good condition, with a little wear in the high spots. All lettering is fairly legible still. I read that this was quite coveted by collectors, but wanted a second opinion. 2. An 1896 O Morgan dollar. It's got some light scratches on the reverse side, and some wear on the high spots but it is in good condition. I read that this one is also quite valuable. Thoughts?
I should spell check before I post next!! I meant - I'm new to coins and that you should have your coins graded. That way you can potentially get more money for them if you were to sell.
Hi, Welcome to Coin Talk !!......both of you. The best thing you can do to help our members help you, is to post good pix of both the front and back of the coins in question. Only after seeing the coins can anyone give you any really helpful advice. As for your first question, Yes, I use cointrackers.com all the time, but not so much for coin evals , but for silver values of U.S. coins. Cointrackers.com is a silver oriented site. It has lots of info about silver collecting, including silver content of U.S. coins. Another good site is ngccoin.com . Here you can get info on both U.S. and foreign coins. Another is numista.com. I like numista's NRI (Numista Rarity Index) It gives a number from 0 to 100 for each coin, with 0 being very common, and 100 being very rare. I consider any coin rated 85 or higher as being a coin I'd like in my collection. There are many other sites on the web, including some that specialize in only one countries coins, like Canada for example. Please post some pix of your coins and let's see what you have.
Wellcome to cointalk. You shoud get some reference resouces and do research, start out with a redbbook, (US coins guide book). Your coins in stated condition with out showing some pictures are both together are worth maybe $100.00, grading fees per coin are anywhere between $30-50 dollars each. The cost of grading would not be justified to increase the value of either coin!
Your 1896-O is a highly desirable coin in mint state. Unfortunately your would probably be a VF Details coin because of the scratches. The 23-S Peace is very common and probably Very Fine as well. Maybe $40 for the pair.
Ahhh, now that we have photos we can talk reality. furham is very honest and accurate about your coins. The scratches on the 1896 O ruin the value for most collectors. In that condition, but with that date/mint, the value is a little bit up in the air. It all depends on how much a particular buyer wants that coin but with that damage. The 1923 S is quite common and shows a good bit of wear. Personally, I have purchased many 23 S coins in similar condition for less than $20.00. So, all in all, a little more than $20.00 for the 96 O and a little less than $20.00 for the 23 S for perhaps a total of about $40.00. furham is quite accurate in his assessment of the values. and TONYBRONX is accurate when he says the cost of grading for those coins is not worth it. I see from your opening that you were gifted the coins so you're already "ahead of the game". Thanks for posting. Thanks for taking an interest in coins and please keep searching. The potential to hit a Homerun is always there.
I appreciate the input. I have another coin for you to look at. This one i find interesting just for the history of it. Also, Numista's NRI gave one similar to it 100, which is very cool. Tell me what you think.
Not worth the costs of grading the silver dollars. Worth about $20.00 each. Maybe $5.00 on the IHC with the souvenir.
As usual, Collecting Nut is "on the money" with his assessment of all three. The previous coins having been explained, let's address the new one. That is a 1906 Indian Head penny encased in an aluminum holder. These are referred to as Lucky Pennies, Encased Cents, Lucky Pocket Pieces, etc.. As you can see, it has a slogan on one side and advertising on the other. Many, many businesses used these as give-aways to entice new customers and as "thank yous" to existing customers. These were used from about the turn of the old century right up to about 1960. Most of these have Wheat cents in them, with the really old ones having Indian Heads, and the really new ones (not that many) having Lincoln Memorial cents in them. These sell on eBay all the time. The value for this one, as CN says, is about $5.00, mostly because it's an Indian Head penny in AU condition. I really like the feather detail, the facial features, the diamonds on the headband tie, and the beads of the necklace. It's a shame that getting it out of that holder would probably damage it, and a 1906 isn't that rare anyway. The value of a Lucky Penny can go up depending on the slogan, the advertiser/advertising, and the penny itself. But don't expect to get rich off of one of these. BTW, can you provide a link to the one that Numista gave a 100 NRI to? There's got to be a reason for such a high rating and I would really like to know what it is. Thanks for posting. Keep 'em comin' !!
I must have been mistaken as i cannot find it. All of the encased pennies i found, though, have a rating of ninety five or over. A lot of them have a rating of 97.
https://en.numista.com/catalogue/index.php?r=encased+penny&p=1&x=0&y=0 This is the link to all of them. I am also including a link to a forum discussing the rarity index. I thought you might find this interesting as well. https://en.numista.com/forum/topic35822.html
Thanks for posting the links. Yeah, that would be a shame if all that the NRI means is how popular a coin is among numista members, but it does appear that way.
