Hello all. These coins were in a Dansco page from my deceased stepfathers collection. I thought they looked interesting and took it upon myself to have them graded with NGC. Now that I got them all back and paying right around 430 dollars for grading services...I am able to identify what they are and see what they have sold for on EBay. I was disappointed to see that similar coins sold for right around the same as an individual grading charge from NGC. I realize the photos are not super great but the description and grades should be clear. Are there any experts in here that may be able to tell me if I may have any potentially valuable coins in this lot and which ones they are? Or maybe you can gently tell me I wasted my money on grading? Hoping for the former....thanks.
@Lyricfive can you edit and 1: orient the coins correctly, I have a sore neck from a vehicle incident and it hurts to twist my head. 2: When you open up to edit, there is a button for full sized image, instead of thumbnail size. Thanks! Oh and from what I can see, nice coins. Not sure on value atm, hurts my neck to try and look
Updated...sorry for hurting your neck. Appreciate any info you may have. I figure I paid about 25 bucks per coin for grading.
Most of those look like they were worth grading and will be easier to sell in the NGC holders compared to raw. The only two coins that I see that were not helped much are the 1780 Dated Modern Restrike Thalers (although the chopmarks on the details example might draw some interest from chopmark collectors). Heritage is another good resource to check past auction results (you will need to sign up for a free account first).
If I am reading correctly, recent sold listings for all of the coins, cumulatively, is around $430, the value of the total grading cost. I presume you are comparing your coins with ones graded the same as yours and not raw coins. If you are comparing yours (graded) to raw coins, they are more valuable to a collector just because they are graded. How much, depends upon mintage and rarity factors.
The 1867A 2 Taler (XF 40) from Austria looks to be one of your better coins. An XF details example sold for over $800 at Heritage in 2016 and guide for XF is $750.
I think its a poster child for rule number one in slabbing: Always know what the coins are and what value they could have BEFORE slabbing. I am not trying to embarrass you OP, this is for others who read this. Never assume its a good idea to spend the money to slab a coin. You could have came here sir and I am sure helpful people here would have identified them for you. Then you could have determined which, if any, were worth the $25 to slab. The 1762 pillar dollar I imagine is a lot of the value, and I would have told you that one was worth the slabbing fee. TONS of fakes. Nice coin.
I appreciate that. I suppose in the past I have found a lack of response here in similar inquiries. I will certainly be making this attempt from here on. By "tons of fakes" you mean in general? Not my lot right? I assume NGC would never capsulate fakes. Again I am very new to all this.
The lesson here - and all newbies should be paying close attention - not everything should be graded. Simply put, it's not inexpensive, and many surrender a decent portion of their profit or even of their basis cost to professional grading. Don't be afraid to buy inexpensive coins in the raw. There are lessons to be learned in doing so. Buying on-line is harder to do well, because grading coins from a single vantage point is unreliable. On-line, if you can find slabbed coins similarly priced to raw ones you like as much, that's probably the better route to take. When it comes to expensive coins, you probably should stick to certified coins, at least until you get good at grading. Most of us do.
No, I meant there are TONS of fakes of this coin around. Yours is authentic. I would have suggested you slab that one, in order to get maximum price. Many buyers, especially on Ebay, would never consider buying one raw.
It seems to have worked out in this case (I see several coins that are $200+, the Peru Pillar Dollar is $300+, and the one I mentioned before is likely $800+) but in general one should be more careful. Study the coins before sending them to grade and ask questions on here if help is needed. Most cases aren't as fortunate as this one.
Exactly what I suspected and this is why I mentioned it. I am not going to research your coins for you. That is something you can do. Most of the coins offered and sold by Heritage are graded and you stand a good chance of finding comparables. Keep us updated on the results of your search and good luck.
I didn't expect anyone to research them for me. I thought perhaps there may be an expert on foreign coins who may know some quick info on which ones out of the lot may have some value is all. There seems to be a lot of people who know much more than I do here so any knowledge is a lesson for me.
My reply is, I like them, especially the Talers, they are beautiful. I messed up loading to full size...I think the prettiest coin is the Austrian 4 ducat Gold..
