Hi All! In going through my dad's stuff I came across this Silver Dollar. I really want to sell it because the smaller coins were his passion and they are mine too. I'm looking in the Red Book and am just having trouble determining how much to ask based on it's condition. Would this be considered MS-60 or higher? It doesn't have any paperwork or box with it. The sold listings on eBay vary in price as well. Any help would be appreciated. Thanks Traci
It's hard to say from the photos, but I would say it's somewhere in the MS-63 ball park. It's got some hits in focal areas on the obverse that I think would limit it from going any higher. But, I don't see any signs of wear. It looks like a very nice 1882-CC GSA dollar.
@Traci Please accept my condolences for the loss of your father. One mistake that many people make when they have inherited coins is that they want to try to get top dollar for them. It's not as simple as that. The 1882-CC Morgan is one of the most common in the CC series. Your photos are only "so-so" and that can adversely influence any bids you might receive at auction. If you want to sell it quickly, your best bet would be to list it with a "99c, No Reserve" and let the bidding determine its true value. You paid nothing for it, so you have nothing to lose. Chris
I agree in principle, but sometimes people who don't usually sell this type of item get messed over with a really low starting price. My suggestion is to take as many really great photos of it, place it in the proper category (and do not assign a grade to it) and start the price at about 25-40 percent of what you might reasonably expect to get (maybe 210-230). So starting at perhaps 49.99-79.99 would be ok. This way if something happens and you only get one bid (which can happen regardless of starting price), you have taken steps to say you will be more likely to get what a dealer might offer you.
Here is an example oh hw starting a listing too low can backfire. This guy actually lost money. He had a bit of fees and had to pay shipping, and still 'cleared' only 15 cents before paying out. He would have been financially in better shape if he either had not put them up for sale and/or had simply spent them at a store. He probably got about 25 cents from his 3 halves. Don't be like him, I see this happening too often, where an item is a loss to the person. https://www.ebay.com/itm/3-KENNEDY-...955021?hash=item3d4bd06a8d:g:-ScAAOSwnMRZ5A6B
Thanks for all the advice. @cpm9ball I'm not sure what "99c" means. As @Kasia suggested I will take some much better photos and set a price lower than it's value. It's true that I didn't pay anything for it but I think it would really bug me if I ended up that poor guy selling that Kennedy. If it doesn't sell then that's ok, I'm a patient woman so I can wait. I just wasn't sure how to pick a starting price but I think I have a good idea now. Thanks everyone for the help!
My dad has so many different coins but I'm having a ton of fun going through the liberty and buffalo nickels. I absolutely love store cards! Especially Civil War era. I love researching the history of them! I have some really cool ones too. I don't think my dad cared much about them since they were all thrown in a box together labeled "misc coins".
The 1882 cc as it is one of the common of the cc you may with to keep. Research the cc mint. And the hows and where it got it' silver...... and did you know the Carson city mint was the only mint that started off raw ore....to mint coins? Enjoy your coins but research them before you cut them loose. Store cards are very collectble and a huge part of history
