Morning everyone. Well yesterday, Saturday, I was bored and hungry. Was really killing a little time before the Alabama and LSU game (a classic). Well I make a trip to the big city (pop. 6,000). Stopped by a little antique shop in town. I know the owner and have purchased a few items in the past. Today I ask him if he had any coins. He said they did not but his wife said wait a minute. She pulled out an album and had a some walking liberty half, which were well circulated, and some Morgans and Peace dollar. To make a long story short, I bought a 1921 Morgan , slider unc., 3 peace dollars, Philadelphia mint in nice circulated condition and a 1993 silver eagle for $10.50 each. Also bought two old Roman novelty coins for a buck each. One of them, I think is a licinius bronze follis. Not anything special but kind of neat. It is an off center strike and is in really great condition. I guess the mint had their problems to . Anyhow it has a little naked man on the reverse which I think is Jupiter. It is now officially my oldest coin. This couple does not know anything about coins. What they do is go around to estate sales and bid on things. The lady told me coins are usually to expensive for them to buy. She had a price list that a guy who buys silver from them gave her. When I ask her what she wanted for the Walkers, she could not find it on the list. While she was looking at her list, she ask me if these were Franklin's I am thinking about going back and cleaning this album out. Probably has about 30 walkers and 20 silver dollars. I really do not want to rip them off but I want a good deal to. Is the general rule still 10x face value for average, nothing special, silver coins. The silver dollars were decent coins, not slicks. The walkers have seen better days. I did not spend much money but it was interesting. It got me pumped up for the gamehya:
I picked up a dozen common date walkers two weeks ago (at my local coin shop) for $4 each. I think $4 to $5 in G-VG is a fair price. Quantity pricing is usually a little better, so if you wanted to buy all 30 coins, I would offer them $115-$125.
Antique shops are good places to look for deals. Since they are in the business of buying and reselling all sorts of items and are no doubt making a profit on the sale to you, you aren't ripping them off.
Thanks group , the main thing is I had fun. You know, one thing I already knew but this little experience reminded me of is the importance of having a good general knowledge of a variety of coins. If, by a miracle, some of these out of the way shops happen to receive some significant coins in these lots sales, it would be nice to be able to pick them out.
^yup, i know what you mean... i don't have much knowledge, that's why i usually don't know what to get at what price... but then again, that's why i joined this forum
