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1896 Libety Nickel - What red book rating is this?
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<p>[QUOTE="smokeriderdon, post: 1142064, member: 29602"]I disagree 100% with never buy a coin like this. Yes, there are problems with this coin. It is definately corroded. But people pay 2 bucks a coin for V nickels where you cant read Liberty at all and little detail. This coin has plenty of detail. Dude, if you like this coin, awesome. I personally wouldnt pay more than 2 bucks for it due to the corrosion. Absolutely nothing wrong with buying it.</p><p> </p><p>As for the red book thing. Really???? The prices are that high? Hmmm, I think not. 1916 D Buffalo nickel. First number 2011 Red Book, second is the April issue of Coin World (very often touted as the "bible" of coin values).</p><p>VG8- 28,28 F12- 30,30 VF 20- 45,40 EF 40- 90,80 AU 50- 120, 110. So, as you can see, The red book is the same in lower grades, and only a bit higher in higher grades. I can go to any show anywhere, any time and find a greater range of prices. And if you look at the silver coins, the Red Book is way low, obviously due to silver (which was why I was using a nickel as my example). And pretty much every non silver coin I looked at was the same. So may some of the prices be a bit higher than some other sources? Yep. But to make it sound like the Red Book prices are so high as to be gouging like gas prices, thats a bit much.</p><p> </p><p>So given that, what source exactly is it that we need to be using that has prices that much lower? And quite frankly, I believe that prices as low as you folks are implying borders on devaluing the coins.[/QUOTE]</p><p><br /></p>
[QUOTE="smokeriderdon, post: 1142064, member: 29602"]I disagree 100% with never buy a coin like this. Yes, there are problems with this coin. It is definately corroded. But people pay 2 bucks a coin for V nickels where you cant read Liberty at all and little detail. This coin has plenty of detail. Dude, if you like this coin, awesome. I personally wouldnt pay more than 2 bucks for it due to the corrosion. Absolutely nothing wrong with buying it. As for the red book thing. Really???? The prices are that high? Hmmm, I think not. 1916 D Buffalo nickel. First number 2011 Red Book, second is the April issue of Coin World (very often touted as the "bible" of coin values). VG8- 28,28 F12- 30,30 VF 20- 45,40 EF 40- 90,80 AU 50- 120, 110. So, as you can see, The red book is the same in lower grades, and only a bit higher in higher grades. I can go to any show anywhere, any time and find a greater range of prices. And if you look at the silver coins, the Red Book is way low, obviously due to silver (which was why I was using a nickel as my example). And pretty much every non silver coin I looked at was the same. So may some of the prices be a bit higher than some other sources? Yep. But to make it sound like the Red Book prices are so high as to be gouging like gas prices, thats a bit much. So given that, what source exactly is it that we need to be using that has prices that much lower? And quite frankly, I believe that prices as low as you folks are implying borders on devaluing the coins.[/QUOTE]
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1896 Libety Nickel - What red book rating is this?
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