EBAY purchases

Discussion in 'What's it Worth' started by Stephen, Jan 22, 2007.

  1. Stephen

    Stephen New Member

    I used to collect coins as a young boy and I stopped for 20 years and just recently started collecting again. I had forgotten how much I truly enjoy this hobby. Of course, Ebay was not in existence back then. I have purchased a few things off Ebay and wanted to know your opinion of the prices I won the bids on. Thank you so much for your input.


    1940 S PCGS MS-66 JEFFERSON NICKEL OMAHA BANK MS66 for $28.49 including shipping

    1909 VDB PENNY PCGS MS65 RD for $77.15 including shipping

    1883-O Morgan Silver Dollar PCGS graded MS 63 for $40.01 including shipping

    1881-S MORGAN DOLLAR PCGS MS64 for $49.99 including shipping

    1944D MERCURY DIME PCGS MS65FB (Full Bands) for $40.50 including shipping
     
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  3. Speedy

    Speedy Researching Coins Supporter

    Welcome to the forum!
    I would suggest that you go to Heritage and sign up for free---then you can search their listing of sold coins for values----
    On these coins they list them as selling for...:
    1940-S Jeff. Nickel---$33-$19
    1909-VDB Cent---$92-$51
    1883-O Morgan---$60-$31
    1881-S Morgan---$54-$39
    1944-D Dime---$31-$19

    While you might have overpaid a tad on the coins I think you did pretty good---some people over pay alot more than you did and the things you learn while doing it is priceless IMHO---join Heritage and I think you will be ready to hit the trail!

    Speedy
     
  4. De Orc

    De Orc Well-Known Member

    Stephen welcome to CoinTalk :hail: any chance of seeing a pic of the Morgans LOL I love em

    De Orc :kewl:
     
  5. Stephen

    Stephen New Member

    I will try that. I went to the PCGS site and their prices were higher than what I bid so I thought I did a good job. I am glad I found this chat forum...priceless.

    Pictures of the morgans....okay - as soon as I can figure out how to paste them in my text body....that didn't work the first time and neither did attempting to do an attachment...but stay tuned.

    Thank you all for your input.
     
  6. Speedy

    Speedy Researching Coins Supporter

    The PCGS price guide is a hyped up guide that is not good for useing---I would take that off my list if I were you.

    Speedy
     
  7. Treashunt

    Treashunt The Other Frank

    Stephen:
    Welcome, and subscribe to Coin World, use their trends (monthly issue) for some form of guidance.
    Gook luck
     
  8. Bonedigger

    Bonedigger New Member

    Greetings, Welcome back to the hobby and to the forum.

    Take care
    Ben
     
  9. Mikjo0

    Mikjo0 Numismatist

    Welcome Stephen,
    Looks to me like you did well on those purchases.
     
  10. walterallen

    walterallen Coin Collector

    Welcome aboard!!!

    Speedy's advice is pretty good and sound.

    If you like what you bought and you can still pay your bills on time, well you did just fine.

    Nice buys, I'm sure we'd all like to see some pics if you can do that.
     
  11. SapperNurse

    SapperNurse DOD enhanced

    If you dont have access to Blue and grey sheets, I have alwasy been partial to www.bestcoin.com for price comparison. Still runs a little high, but more accurate than PCGS's.
     
  12. Speedy

    Speedy Researching Coins Supporter

    Never heard of that one---thanks alot SapperNurse.
    I'll bookmark it and check it out tomorrow.

    Speedy
     
  13. Stephen

    Stephen New Member

    I did sign up for Heritage and it seems very realistic in terms of accurate pricing and how much coins have sold for in their auctions. They have an auction tonight which I will participate in. Check it out.
     
  14. Aidan Work

    Aidan Work New Member

    Stephen,welcome aboard.

    Aidan.
     
  15. badger1602

    badger1602 New Member

    Anybody know of a similiar site for error coins?
     
  16. GDJMSP

    GDJMSP Numismatist Moderator


    You'll find one - Right Here
     
  17. Stephen

    Stephen New Member

    Ebay

    Thank you for your responses. I love this website.

    My next questions are about selling on ebay.

    What are your thoughts on buying from Heritage and selling on Ebay? I have noticed that the coins on Heritage are much lower than the final bids for the same coins on Ebay.
     
  18. acanthite

    acanthite ALIIS DIVES

    Are you sure about this. To me it looks like a mixed bag. And keep in mind, with Heritage you must account for 15% buyers premium, possible taxes depending on the state you live in, and shipping. And when you sell on eBay, there are seller's fees.
     
  19. GDJMSP

    GDJMSP Numismatist Moderator


    In many cases that is true. Why ? Because most of the people who buy coins on Heritage know more about the coins and what they are actually worth than the people who buy on ebay do. In other words, many of the people on ebay pay too much. It is not true in every case of course, but it is in a lot of them.
     
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