Buying these Coins - need help

demyansk1942 · Aug 26, 2019

I have these coins with me from a friend who wants to get rid of them and I will buy them. I looked online at some of the prices and here it is, condition of the walking liberty's is?

1935 Walking Liberty - $19.00 Too much?
1941

1954 Ben Franklin - $12.00?

1964 Kennedy (2) - $6.00 each? Sell price by dealer is $1.60

1967 Kennedy - sell price $1.60
1968D - same
1969D - same

1926 1 DRM Weimar AU-50 asking $20.00? On Ebay

What would you pay for these coins?
Thanks

KingTotsalot · Aug 26, 2019

KT has been buying silver halves at less than $8 each on average...all 90% Ag. $1.60 each for 40% Ag halves..65 -1970 dates seems reasonable. None of your coins are scarce dates and all are circulated so are not high grade, as for the foreign..pretty much worthless.

In other words, all priced too high.

diggin4clad · Aug 26, 2019

At the prices you've listed the Walkers and Franklin are vastly overpriced......they can be had for $6.50-$7.00 each. Currently The 64 Kennedy at $6 is a decent price. The 40% Kennedys can be bought for much less than the 90% ones. The German coin is not worth $20. You could buy this same group at a coin show for 40-45 dollars at current metals prices.

demyansk1942 · Aug 27, 2019

So a good price for the entire collection is around $ 40.00?

Thanks guys for helping out.

amc rulz · Aug 27, 2019

demyansk1942 said:
So a good price for the entire collection is around $ 40.00?

Thanks guys for helping out.

$40 is the silver melt value of those coins. Not a bad price if you will be keeping them.

demyansk1942 · Aug 27, 2019

I want to keep the. Therefore, a good price for both parties is around 40 bucks?
Thanks

ToySoldier · Aug 27, 2019

demyansk1942 said:
I want to keep the. Therefore, a good price for both parties is around 40 bucks?
Thanks

The right price takes into account the melt value, what they're worth to you, and (in this case) what keeps your friendship happy. If those three things add up to more than what you're willing to pay, then don't buy them.

Also, if I understand your post correctly, your friend let you borrow them. I don't know of any coin dealers who are going to let you do that. Isn't that worth something over melt?

diggin4clad · Aug 27, 2019

demyansk1942 said:
So a good price for the entire collection is around $ 40.00?

Thanks guys for helping out.

It would be a price that's fair to both parties.

KingTotsalot · Aug 28, 2019

diggin4clad said:
It would be a price that's fair to both parties.

KT agrees.

diggin4clad · Aug 28, 2019

KingTotsalot said:
KT agrees.

Thanks KT...….

DigthenChuck · Sep 1, 2019

ToySoldier said:
The right price takes into account the melt value, what they're worth to you, and (in this case) what keeps your friendship happy. If those three things add up to more than what you're willing to pay, then don't buy them.

Also, if I understand your post correctly, your friend let you borrow them. I don't know of any coin dealers who are going to let you do that. Isn't that worth something over melt?

Car dealers always want to lend you a car to check out and see if you like. :laughing:

ToySoldier · Sep 1, 2019

DigthenChuck said:
Car dealers always want to lend you a car to check out and see if you like.

That's the point. People are willing to pay more for cars they are able to test drive. Likewise, car dealers should expect to get more in exchange for keeping an inventory, paying salespeople, and the risk of loss.

Buying these Coins - need help

demyansk1942

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