Hey everyone, Im back again with another newbie question. As some of you know im just starting a collection and figured I'd start off with some of the basic coins. So I want to know the max you would spend on these coins. 1. 1866 Shield Nickel (don't know to much about the mint marks on these coins but I'd like to get the hardest one to get) 2. 1883 Shield Nickel 3. 1883 Liberty Head Nickel 4. 1913 Liberty Head Nickel 5.1859 Indian Head Penny 6. 1913 Buffalo Nickel 7.1878 Morgan Dollar 8. Any date of barber and mercury dimes. 9. Franklin Half Dollar ( i think i can get these in a half dollar roll but I like this coin for some odd reason) Like I said i don't know much about the mints on these dates but i think the one I need to look for is the S mint. Thanks for your help .....
You need to be a little bit more specific as the prices will vary greatly for each of those coins depending on grade. It could be anywhere from a dollar or two to over 4 million.
Hmm, as GD said you need to be more specific. You mentioned a 1913 liberty nickel.... there are only 5 of them known, and cost a bundle, and I mean a lot. If you can give us an idea of the condition in which you want to buy the coins, I'm sure someone can offer you some price ranges.
ummmm 5 known liberty nickels............................ hmmmm. Ok the kinda condition im talking about would be in the range of XF-40 to about MS-60. I hope i said that right as it is im just learning how to grade soooo i hope you get the ballpark of where im trying t put it.
Prices . 1866 Shield Nickel (don't know to much about the mint marks on these coins but I'd like to get the hardest one to get): No other mint mark for these. On PCGS it lists for 175 in EF, 235 in AU, and 265 in MS-65 2. 1883 Shield Nickel 52 in XF, 88 in AU, and 130 in MS-60, same price guide 3. 1883 Liberty Head Nickel two types one with CENTS and one without with CENTS 70 in XF, 95 in AU, and125 in MS-60 without CENTS 12 in XF, 17 in AU, and 28 in MS-60 4. 1913 Liberty Head Nickel Good luck with this one. Trends $2.500,000 in the lowest known condition 5.1859 Indian Head Penny 125 in XF, 200 in AU, and 250 in MS-60 6. 1913 Buffalo Nickel 2 types with this one. On the reverse one has FIVE CENTS on raised ground, the other has it in recess "under the ground" This also has "D" and "S" mint marks The Raised Ground (Type I) Can be found for 30-35 in MS-60 w/o a mint mark, and in Type II w/o a mint mark. However, they get more expensive as you go into the mint marks with S being the most expensive, and Type II being more expensive with mint marks. 7.1878 Morgan Dollar Again very tricky with different types. On the reverse there are 7 Tailfeathers and 8 TF on the eagle They list for 45 in XF, 65 in AU, and 115 in MS-60 with 8 TF With 7 TF you have 3 different reverses, which are too specific to describe without a pic. 8. Any date of barber and mercury dimes. Common date Barbers list for 30 in XF, 70 in AU, and 110 in MS-60, common date mercs list for 30 in MS-60 9. Franklin Half Dollar ( i think i can get these in a half dollar roll but I like this coin for some odd reason) You can get an Ms-60 Franklin for 10. My advice for you would be to not blow too much money on coins if you are just a beginner. Take your time and get something you like that you won't get burned on. As you accumulate more and more coins you will learn more and more about the hobby, and you will quickly move on to bigger and better things. I would also reccomend purchasing a copy of the Red Book, which while sometimes has outdated price listings, is packed with info on coins.
One other thing Jody, if you plan to buy a coin on ebay, please feel free to ask us here on the board about the coin before you buy it. Until you know a fair amount about coins, it is very easy to get burned on a coin, and even when you know a fair amount, you can still get burned!
for the liberty nickel you should go with a 1912, it was the last year of real production. But for the 1912 there is a Philly,D, and S the S is by far the most expesive trending $740 in XF. The P and D are far more realistic trending 23 and 67 in xf and 47 and 145 in AU respectively.
the 1913 liberty head should be if im not mistaken the last year of production for that type of coin.
Really need to know what grades although I think rocketman pretty much covered it. WTG btw rocket! As for an 1878 Morgan.....I had an 1878 Morgan 7TF reverse 79 OVER graded at MS 65. At MS65 it trended at 3200 at the time. No dealer would touch it, they thought more like MS63 or MAYBE MS 64. Ended up letting it go for 300. More than I paid for it though. ANY CC Morgan though expensive, 1883 WITH CENTS (just sold one at MS 64), 1885 Liberty 5c, 1916D Merc, 1895O Barber dime.....these will all command some high prices. Butg if your're starting CoinValues (August issue) has a great article on starting with 5c pieces.
BTW I could buy a Red Book and maybe ANA's Grading Standards- both totaled around 32 bucks or so and have been WELL worth it. And maybe think about a Blue Book. Although, from what I've seen here and there people don't put much value on them but I like it as a guide for what I could resale a coin for.....just my opinion.
No, 1912 was the last year of regualr production of Liberty nickels. The 5 1913 dated ones were produced in secret after the mint director at the time told the workers not to use the dies and instead wait for the completed buffalo nickel dies to produce five cent pieces. A mint worker produced them and snuck them out most likely a mint worker by the name of Samuel W. Brown. After he retired from the mint he put out an ad in the papers offering $500 for any examples of a 1913 nickel. At the ANA convention of 1919 he showed up and displayed the five known examples. One now resides in the smithsonian collection, one in the ANA collection. Only three are available on the open market and it will cost you probably in excess of $3,000,000 to even have a chance at one.
Suggest you spend a little money on at least one coin book. The Red Book although is stupidly out for several months now is the 2007 edition. It will at least give you an idea of conditions and prices. Not to expensive if you know where to shop. Go to Walmart.com and check out their books. The 2007 Red Book in Paperback is $9.37, Spiral edition is $9.14 and the hard cover is $10.36. Learn about coins before you even get started.
