Bidding on coins with bad pictures-revisited, using guides to determine a low price

Discussion in 'Coin Chat' started by buddy16cat, Sep 29, 2012.

  1. buddy16cat

    buddy16cat Well-Known Member

    I noticed nobody bid on these two v nickels. The picture is not so good but do see some LIBERTY letters. Anyone else trying this lately? http://www.ebay.com/itm/180979963266?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

    I was also wondering if anyone checks the guide and if the price is significantly lower the price maybe ok? I know that these guides are not a really good guide for value but sometimes I get a coin for less than 50% of all the price guides I check including the lower guides. I tend to think that Numismedia and the Redbook can be kind of high for some coins but think they can be used for relative prices considering the mintage. Maybe the mintage is more important than the price in these guides? I just won this coin that is less than 50% of all guides for this coin. I believe the coin looks closer to F12 but the seller listed it as VG:
    http://www.ebay.com/itm/320988186982?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Buddy, when you get to coins in that price range actual value has little to do with anything. You just can't adjust things that closely. I mean, when you consider that 1 dollar might be 50% or more of the total value - does it really matter ?

    As for the second coin you asked about, I'd agree with the seller - VG at best.
     
  4. buddy16cat

    buddy16cat Well-Known Member

    Yes, I am splitting hairs with the dollar coins that the guides say should cost $2.25. I asked about the "no cent" coin because it has almost all of the liberty except part of "I" and a small part of the "L" which looks borderline F12 or close to it. I was outbid on low cost lots with 1883 "cents" in them and higher grades that would have been better. The $4.60 savings on the 1883 probably don't matter much. I can't determine how much of the "Liberty" the dollar coins have. I have been finding quite a few dollar or two dollar coins on Ebay lately:
    http://www.ebay.com/itm/150897792755?ssPageName=STRK:MEWNX:IT&_trkshttp://www.ebay.com

    http://www.ebay.com/itm/170891686252?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

    http://www.ebay.com/itm/261076368770?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649
     
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