Question on coin "values"

I can buy average circulated IHPs from my local coin shop for about .75 and Buffs with readable dates for about the same.....

One place I always use for things like this is this site.http://numismedia.com/fmv/fmv.shtml

I would say thats a good price.

Yep... A good price for them to sell it to you, in a "bulk" fashion, I would think is $0.50-$0.75. A dollar is too much. You can buy lots of 50 on eBay for circulated Indian Heads for $44-$45. If you're doing cull pennies, it's even cheaper.

Remember that if they're selling at $44 for 50, they're actually only bringing home (into the pocket), $38.06 after eBay and Paypal fees. and shipping will cost $2.66, leaving just $35.40 made on each $44 role. That means that on ebay, a lot of 50 is selling for $0.71 a coin.

Basically, you're paying MORE for the coins at $0.75 than what you could make selling them in bulk on ebay.

Personally, I'd offer $0.50 and if they take it, you're happy, and they're happy. If they balk, you could offer up to $0.75, but unless they were really great examples of the coins, you're probably already over-paying at that price. At $1? Too high.

Skippy

Thanks for the replies everyone. I'm going to shoot high, as I'm trying to help out a family member who needs some quick cash.

CELLARMAN 74 said:

Thanks for the replies everyone. I'm going to shoot high, as I'm trying to help out a family member who needs some quick cash.

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Then that’s the way to go! Generosity and charity are good things.

On Buffalo nickels, I remember going thru a roll of nickels my dad got from the bank in '63 or '64. About half were Buffalo. Ones from teens to mid-20s were no date, late '20s partial date, and '30s generally full date to Fine. Whether or not the date is readable will affect values. So if you pay 50 cents each for dateless you are cheating yourself, unless you just want to do it to help the person. Best wishes, George (MN)