Tips from MT Coin Collectors - Page 16 - TigerDroppings.com

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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3608 posts

re: Tips from MT Coin Collectors


Yep, not a big fan of them either.

ETA: BTW, any luck on the $1,000 in halves you picked up?



This post was edited on 1/18 at 3:35 pm


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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1608 posts

re: Tips from MT Coin Collectors


I managed to search both boxes and find nothing. Someone had initialed "WM" on the coins with a sharpie, leading me to believe the box was already searched. The lady at the bank had a look of displeasure when I dropped my heavy load on her desk. I've been through three boxes of half dollars, and my first box had 3 40% silver half dollars. These last two were a pretty good waste of time.





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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
15209 posts

re: Tips from MT Coin Collectors


If you are in a city with casinos, then you should hit up the casino cashier cages as well as the banks. There are casinos that have had rolled coins sitting in their cages for years that never make it out of the vault.





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HeadyMurphey
LSU Fan
Los Santos
Member since Jan 2008
15773 posts

re: Tips from MT Coin Collectors


Reading this thread had inspired me to start a coin collection for my one week old son. I collected baseball cards as a kid and what a waste. I like the idea of getting coins from 100 years before his birth. Seems like 1913 had a lot going on with coins. Any significance to this year in the history of coins? Where are you finding values of non graded coins. I have been checking out ebay and have already bought a great condition wheat penny, but it seems to me that people are paying more than coins are worth in most cases. What's the deal?





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Lsut81
USA Fan
Member since Jun 2005
64203 posts

re: Tips from MT Coin Collectors


quote:

Where are you finding values of non graded coins.


There are tons of websites that will give you a general price of a coin in circulated condition or at least the melt value.


Speaking of grading, for the gurus on here, is it worth trying to get some of my pre-1923 silver dollars graded? I've got a few that are in really nice shape, but it looks like its about $30 a coin to get them graded



I mean, the ungraded ones go for $30-40 on ebay and the graded ones, if they are in fine condition, go for $70... How is that worth the investment






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HeadyMurphey
LSU Fan
Los Santos
Member since Jan 2008
15773 posts

re: Tips from MT Coin Collectors


Yeah, I am still trying to understand that.





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Lsut81
USA Fan
Member since Jun 2005
64203 posts

re: Tips from MT Coin Collectors


quote:

Yeah, I am still trying to understand that.


No shite...

I'd like to get about 40-50 coins graded because I think they would be in better than average condition, but the $$$ just don't make sense.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80681 posts

re: Tips from MT Coin Collectors


The only thing about 1913 that immediately comes to mind is that was the changeover year for the design of the nickle. The mint stopped issuing the Barber designed "V" nickle and started issuing the "buffalo/Indian head" nickle.

There may be other special aspects of 1913 but that is the only one I know about.

Regarding finding the "value" of ungraded coins, eBay is the largest coin auction in the world so the value of the coins on there is what the buyers say it is, IMO.



This post was edited on 1/19 at 12:10 pm


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HeadyMurphey
LSU Fan
Los Santos
Member since Jan 2008
15773 posts

re: Tips from MT Coin Collectors


That makes sense. It is worth what the market will pay. Kinda hard to know if you are getting a deal unless you keep up with auctions.

There used to be a Site called empire that would let you search old ebay listing for final prices. It doesn't exist anymore, but do you know of a Site like this?






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80681 posts

re: Tips from MT Coin Collectors


No, I don't. Sorry.





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Great Plains Tiger
LSU Fan
Back home, finally
Member since Sep 2005
92 posts

re: Tips from MT Coin Collectors


I am not a fan of slabbed (graded) coins and do not own a slabbed item. The reason for this is the majority of my collection was put together prior to the prevalence of the grading services. And, I really don't care if it has a grade or not; I am a collector. Who cares if it's MS69. If it's a good coin and in good condition - buy it.

Buy the coin, not the plastic case.

Also, in order to know if it's in good condition this book is a good reference.



This post was edited on 1/19 at 12:58 pm


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80681 posts

re: Tips from MT Coin Collectors


I bid on the coin below early this past week when it was first listed on eBay. At the time I bid, I think the highest bid was $67. I bid $70 and I was the highest bidder for about four hours.

Right now the highest bid on this coin is $465.

And it AIN'T me.

It's an 1860 O dollar.









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matthew25
Ole Miss Fan
Member since Jun 2012
3367 posts

re: Tips from MT Coin Collectors


Melt value of coins and general stuff: coinflation.com





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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56033 posts

re: Tips from MT Coin Collectors


I don't see much value in graded coins. I would have a few graded but you generally must belong to one of the 2 big grading associations to get a "deal". And then it's still about $30. Grading is fine but the plastic protects the coins. I actually like touching mine like a fine titty.





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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21123 posts

re: Tips from MT Coin Collectors


Just picked up my first 1893 O Morgan dollar for $130.






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rmc
LSU Fan
Zachary, LA
Member since Sep 2004
22529 posts

re: Tips from MT Coin Collectors


I have been reading through this thread and it caused me to go find my 'collection.' It's pretty pedestrian, but I did find two american silver dollars.

I think I am going to get my son into it by doing one of those penny books where you put a coin from each year/mint in.






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drewnbrla
LSU Fan
The Dark Side of the Moon
Member since Mar 2011
3643 posts

re: Tips from MT Coin Collectors


quote:

Just picked up my first 1893 O Morgan dollar for $130.


Just picked up American Silver Eagle proofs for 1986, 1987, 1988 & 1989 on eBay

80's proofs are done. Time to move into the 90's to keep working on my silver eagle proof series.






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chuckitdeep
LSU Fan
Member since Nov 2008
602 posts

re: Tips from MT Coin Collectors


Do you collect for silver or just like the Silver eagle proofs?





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drewnbrla
LSU Fan
The Dark Side of the Moon
Member since Mar 2011
3643 posts

re: Tips from MT Coin Collectors


quote:

Do you collect for silver or just like the Silver eagle proofs?


Both. My favorite coins are Morgan's and eagles.






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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21123 posts

re: Tips from MT Coin Collectors


I think I'm going to try to get a good quality Morgan O dollar from every year they were minted. That's my goal for the next year or so.





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