Bought a 1948 Redbook at FUN - Prices listed

[Newmismatist]

A Few interesting Prices:

 

1CN - 1856 Unc $160; Proof $225 (A MS 66 just sold for $172,000+)

1CN - 1864-L Proof $115

1CN - 1877 Unc $65

1CN - 1909-S VDB Unc 16.50

1CN - 1914-D Unc 15.00

1CN - 1926-S Unc 7.50

 

1913 Liberty Head Nickel Unc $3750

 

1916-D Mercury Dime Unc. $75

1921-D Mercury Dime Unc. $8.50

 

1804 Silver Dollar $3,120 to $10,000

 

Gobrecht Dollars Proof $100 to $400

 

$1 MORGAN 1884-CC UNC $12.50

$1 MORGAN 1889-CC UNC $8.50

$1 MORGAN 1893-S UNC $100

$1 MORGAN 1903-O UNC $110 !!

$1 MORGAN 1895 Proof $75

$1 MORGAN 1895 Unc $15

 

Trade $1 1884 Proof $800

Trade $1 1885 Proof $1500

 

$20 St Gauden 1926-D Unc $1100

$20 St Gauden 1926-S Unc $900

$20 St Gauden 1927-D Unc $550 CORRECTED

$20 St Gauden 1927-S Unc $750

 

I think I got a nickel/week allowance in 1948!

 

 

[Hoot]

1CN - 1856 Unc $160; Proof $225

1CN - 1864-L Proof $115

1CN - 1877 Unc $65

1CN - 1909-S VDB Unc 16.50

1CN - 1914-D Unc 15.00

1CN - 1926-S Unc 7.50

 

1913 Liberty Head Nickel Unc $3750

 

1916-D Mercury Dime Unc. $75

1921-D Mercury Dime Unc. $8.50

 

1804 Silver Dollar $3,120 to $10,000

 

Gobrecht Dollars Proof $100 to $400

 

$1 MORGAN 1884-CC UNC $12.50

$1 MORGAN 1889-CC UNC $8.50

$1 MORGAN 1893-S UNC $100

$1 MORGAN 1903-O UNC $110 !!

$1 MORGAN 1895 Proof $75

$1 MORGAN 1895 Unc $15

 

Trade $1 1884 Proof $800

Trade $1 1885 Proof $1500

 

$20 St Gauden 1926-D Unc $1100

$20 St Gauden 1926-S Unc $900

$20 St Gauden 1926-D Unc $750

 

Hoot

[goose3]

what about a Chain cent???

[Newmismatist]

what about a Chain cent???

 

1793 Chain cent Ameri Fine $135

1793 Chain cent America Fine $125

1793 Chain cent Period after date Fine $125

Higher grades not listed

 

Here;s a couple of more:

 

1909-VDB 1CN Proof $7

1894-S Barbar Dime Unc. $2000

 

 

 

[jtryka]

how about a 27-D Saint?

[Newmismatist]

how about a 27-D Saint?

 

$20 St Gauden 1927-D Unc $550 - the 27-S is $750

 

(It's actually the last coin in the original post but I forgot to change the 6 to a 7 when I "cut and pasted") Can you believe that the 26-D was considered rarer than the 27-D?

 

The high reliefs were $135 for the wire edge, $120 for the flat edge

 

 

[jtryka]

Yes, I can easily believe that, since in 1948 we still did not fully understand how many of these coins were sitting in vaults in Europe! At one point the 24-S was considered the rarest of all Saints, but later finds have changed that, same with the 26-D (and now the 26-S is considered the most common of the branch mint Saints from 1924-27, and Akers estimates that 150-200 exist, compares with a dozen for the 27-D). In fact, until the early 1950s, it was thought that only 5 or 6 24-S Saints existed, making them rarer than the 27-D and even the 1933, as there were still about 10 floating around until the confiscations started. Amazing how it takes so little to change the rarity with just small finds of a hundred or so pieces!

[michael]

a neato post!

 

michael

[Oldtrader3]

Interesting that they listed a business strike for the '95 Morgan. Also, the '03-O Morgan was thought to be one of the rarest dates in the series at that time.

[BillJones]

Yes these coin prices are shockers by today’s standards, but let’s put things into perspective.

 

The sticker price a new Cadillac was less than $3,000. The top of line regular production Cady, a seven passenger limo was $5,500, and a Chevy could be had for less than $1,500.

 

And if you had a job that paid $5,000 a year, you were considered to be well off. The average income was something like $3,500 a year. So given that, some of these coin prices don’t seem to be quite as cheap.

 

Finally some of the prices for coins like the 1804 Dollar and the 1913 Liberty Nickel were speculative. Just like to day the coins did not trade very often, and when they did prices were subject negotiation or an auction.

 

[spy88]

I keep waiting for someone to post the going prices for these coins @ todays market value. I started to do just that with Heritages auction archives, but there are some coins on the list that have never crossed at auction, especially in a general grade of UNC. Some were AU55 or 58, or MS63 or 64, but NEVER just UNC so I gave up.

 

Would be interesting to see the comparison from then to now.

 

[jtryka]

$20 St Gauden 1926-D Unc $1100

$20 St Gauden 1926-S Unc $900

$20 St Gauden 1927-D Unc $550 CORRECTED

$20 St Gauden 1927-S Unc $750

 

Ok, I'll try for today's prices, but some of this is pure speculation:

 

The last 26-D Heritage sold was on January 10th, realizing $33,350 in MS-64, before that, they sold an MS-62 for $12,362.50 on November 7, 2003.

The last 26-S Heritage sold was on January 10th, realizing $3,450 in MS-62.

The last 27-D I heard sold privately at the last Long Beach show, seven-figures+ is my estimate, though I am not sure a final price was ever known (there was a thread about it here somewhere).

The last 27-S that Heritage sold was also on January 10, realizing $21,850 in MS-61, and there was an MS-63 that sold on September 20, 2003 for $28,750.

 

Taking the lowest numbers from above, the compound annual returns on those dates are:

 

26-D: 4.5%

26-S: 2.5%

27-D: 14.6%

27-S: 6.3%

 

Over that same period, the Dow Jones average increased about 7.7% compounded annually, outperforming all but the 27-D! Now you know why coins are a hobby, not an investment!

 

[Bruceswar]

I would rather put my money in a sure bet.. than with something that could crash... companies come and go.. coins only go up

[chinook]

I would love to see a redbook from the year 2048.

[spy88]

Dave, if any of us are still alive by then to see it! I would be 98 when it comes out.

 

P.S. You haven't answered my PM yet!

 

David