Introduction

If it doesn't fit anywhere else, POST IT HERE. Numismatic related posts only.

Moderator: Daniel

Forum rules
Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/

___________________________________________________________________________________________________________

You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.

1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.

2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.

3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.

4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.

5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.

6. No spam. Do not post any links to your coin or other non-coin websites.

7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
Post Reply
Message
Author
Billk9989
Coining Around
Posts: 2
Joined: Sat Jun 19, 2021 5:43 pm

Introduction

#1 Unread post by Billk9989 »

Hi everybody, my name is Bill. I am old and in the process of disposing of my coins.

I am a subscriber to Daniel’s Youtube channel and have learned a great deal from it. Thanks Daniel!!

In a recent video Daniel talked about getting expert opinions, as opposed to thinking that all coin dealers have expertise in all areas. This video spoke to me.

I have a scarce Seated Liberty half dollar that came back from PCGS as Unc-Details-Cleaned. This coin is a good date within the series, so it has value in spite of the cleaning. The trouble is, I have no idea how much value. I’ve seen various rules of thumb that suggest pricing it at MS 60, or down two grades, or half the price of a problem free specimen - or whatnot. These rules of thumb leave me with values that are all over the place.

So, what I’m wondering is, how would I find a person who has expertise in this particular coinage, who could get beyond rules of thumb and be more specific about how I should price this coin and go about disposing of it. I am willing to pay for an expert opinion.

User avatar
Daniel
Administrator
Administrator
Posts: 26230
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Has thanked: 1123 times
Been thanked: 4093 times
Contact:

Re: Introduction

#2 Unread post by Daniel »

You take 10 sold auctions, use the most recent, then add the total of each together then divide that number by the 10. This will give you the average price to put on the coin as far as what it sells for. However, if you're asking for an exact value on a cleaned coin there's no one who can give that to you or figure that out.

You didn't mention the date or provide images and the appearance is very important to how much it sells for. My video wasn't about coin values it was about varieties and errors for particular coins, some people just know the Capped Bust Half Dollar varieties better than most and the same goes for Morgans and such, but any expert, or even novice, can determine the average sale price of a coin.

Billk9989
Coining Around
Posts: 2
Joined: Sat Jun 19, 2021 5:43 pm

Re: Introduction

#3 Unread post by Billk9989 »

Got it. Thank you, and I understand your point: Experts in a particular series are for making technical determinations, such as varieties. Markets are for putting prices on things. That’s an important difference, and I didn’t get it.

I’ve looked at auction prices. Averaging prices doesn’t work very well in this, as grades are key to prices and this coin is merely “Unc”, no net grade. I did find one relatively recent comparison - Unc-details-cleaned - and that’s what I’ll have to go by. I’ll just have to shop the coin. It’s an 1875CC, a decent date for the series.

User avatar
Daniel
Administrator
Administrator
Posts: 26230
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Has thanked: 1123 times
Been thanked: 4093 times
Contact:

Re: Introduction

#4 Unread post by Daniel »

Always try Heritage coin auctions first https://coins.ha.com/c/search-results.z ... tBy-071515

User avatar
Paul
Master Die Variety Examiner
Master Die Variety Examiner
Posts: 18828
Joined: Wed May 29, 2013 9:19 pm
Location: Wisconsin
Has thanked: 897 times
Been thanked: 3272 times

Re: Introduction

#5 Unread post by Paul »

Welcome
C.O.N.E.C.A. Wi State Rep
Fly-In Club Wi State Rep

User avatar
Earle42
Administrator
Administrator
Posts: 15562
Joined: Tue Apr 02, 2019 11:18 am
Location: OH
Has thanked: 1330 times
Been thanked: 4874 times

Re: Introduction

#6 Unread post by Earle42 »

Welcome
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

How much squash would a sasquatch squash if a sasquatch would squash squash?

Post Reply
  • Similar Topics
    Replies
    Views
    Last post