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JT2

Member: Seasoned Veteran
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Posts posted by JT2

  1. So i am starting to get ready for summer F.U.N. 2023.  I was thinking that i would pick up a couple of new Lincoln cents to start rounding out my set.  only need a few in the 20's and a couple in the teens. All of my Wheaties in  my slabbed set are 6 6 red from 29 - 58.  So i started to put together my want list and started to notice that gem RD Lincoln's price tags are through the roof.  so now i ask ya when did the Lincolns prices go through the roof.  i am looking at some and they are worth more than my 6 5 Walkers and Morgan's.  some are even worth more than my complete 6 4 set of Peace dollars, Heck I know i have been concentrating on other areas with my Indians and Buffalos and SLQ's but i decide this time to start to fill in those missing pieces.  Looks like it is going to be a onesy twosy pick up from now one.

  2. On 6/15/2023 at 10:24 AM, Sandon said:

    d like to know where to buy even well circulated Morgan dollars for "$10 to $30" nowadays. My coin club would very much like to be able to obtain them for the lower end of these prices to use as door prizes. Their silver value today is $18.45.

    Sorry bubba that should have been 20 my fat fingers and all 

  3. Izrafel,

    Welcome to the chat board.  if you stick around long enough you will find that there are some very knowledgeable individuals with 100's of years of coin collecting behind them.    so for my two cents worth.

    #1. when you submit at the standard rate the $3000 max is your determination of how much you think the coins is worth for insurance purposes.  if you think it is only worth $2500 then submit under that tier and if it comes back a winner--Worth more-- then your set they will not go back and back charge you.  however if the coin is obviously worth more then you may get a call or an email say they will need to talk to you about it.

    #2 error coins are a different story.  if you have an obvious error like off center or clipped planchet these will be a straight up $18 fee.  but if they have to research it and "you" think it is an error it may come back as not and you have still spent your $18 for the research.  It is best to do the research first and then state what you think it is on the form.

    #3 Generally speaking most mint sets aren't worth breaking out and sending in for grading.  it is pretty much a waste of your hard earned money.  if the packaging is starting to yellow and your coins are getting hazy it might be best to get them out and put them in a capitol plastics holder or some other type of archival holder.  

    #4  SMS (Special Mint Set) is a special processing of the coins of particular years usually the 65 - 67 mint sets with a couple of nickels in the 90's and a Kennedy in the 98 time frame.  it is a special processing of the dies where there are heavier pressure and sharper strikes of the coinage but not to the level of a Proof.   

     

    hope it helps and if i got anything wrong we will hear about it and you will get better answers.