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premier coins

Started by ecg-migration,

31 posts in this topic

ecg-migration

ecg-migration

Posted
  • Author
Posted

a gold coin - I'm not sure about following - indian $2.50 - worth over $7000 and sell for $3000+. Don't have coin information available right now so may have described wrong.

Primarily wondered about reliability of dealer.

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macrocoin

macrocoin

Posted
Posted

I couldnt find anything regarding the business name "Premier Coins" doing a couple of quick searches. That doesnt mean much, but it could suggest someone is too small to have a business listing, or too new. Try to post specific detail about the coin...if possible the date and the type. Knowing what shape its in is important for pricing, but with date and description we could probably get some ballpark numbers.

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Lucille-migration

Lucille-migration

Posted
Posted

the old adage comes to mind..

 

"if its to good to be true, it probably is"

 

 

you are doing the right thing by asking here as there are many experts on this board... more info on the coin and possible images would be nice..

 

 

is the coin raw or slabb'd? and in whose slab?

 

if it is raw, 3k is alot of money to gamble....

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HaydenTubbs

HaydenTubbs

Posted
Posted
Let’s not forget there is no Santa Claus when it comes to coins. Especially $2.50 Indian Gold pieces.

893naughty-thumb.gif

 

There is a Santa Claus when it comes to coins, as I gave many away for Christmas..

 

nm31.jpg

 

You look scared of the camera 893scratchchin-thumb.gif

 

 

 

 

 

 

flowerred.gif

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cpm9ball

cpm9ball

Posted
Posted
Are you giving away the Chevy for next Christmas?

I have restored quiet a few Classic Chevys and a few goats.

 

'66 Tri-Power, 389cid/360hp.............my favorite car!

 

Chris

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cpm9ball

cpm9ball

Posted
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Yes.........with mechanical linkage.

 

You said that you have restored a few goats...................that's what they called the Pontiac GTO back then.

 

Chris

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cpm9ball

cpm9ball

Posted
Posted
You said that you have restored a few goats...................that's what they called the Pontiac GTO back then.

 

Chris

 

 

You probably rode a real goat to school though Chris... poke2.gif

 

Mid-'50s to late-'60s................the muscle cars were really cool...........no EPA........no catalytic converters..........and 103 octane was 25c a gallon.

 

Chris

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cpm9ball

cpm9ball

Posted
Posted
Premier Coins, Holbrook. NY

Tomorrow I'll get more information.

Thank you...all.

 

"Holy Hi-Jacked threads Batman!"

 

Get us more information sweetie, and we'll help you...

 

Sorry, Lucy! Reminiscing always gets me in trouble.

 

Chris

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rexcat

rexcat

Posted
Posted

Hi ecg, welcome to the boards! hi.gif

 

Like Lucille said, tell us more, then we maybe able to help you more.

 

But I will say this now; Where did you get the “worth” of this coin from? I have found many retail coin price guides to be less than worthless , with prices listed that are both low and ridiculously high from what coin sales in the market are actually doing.

 

In fact I just bought an 1818 cent graded by NGC for $625, exactly half of what that coin is listed for in PCGS’s on-line retail price guide. Do I feel I got a good deal? Too good maybe…

 

Well yes I did get a good deal, but nearly as good as that price guide made it seem though. I had to go though auction results that can be found on-line to get some actual prices that some one really paid for the same coin as mine, ($690 Jan 06 @ Heritage’s FUN show Auction & $660 last week on Ebay). So there were three sales in the last month that averaged $658, so where in the world the folks who compile these lists get their data from, who knows. confused-smiley-013.gif

 

I guess my point is that when you start collecting and buying coins there should be a lot of homework done on your part to learn about the coin market and the “market value” of what you want to collect. The amount of research should also have a relationship to the amount of money one is spending on coins, at 30 bucks what do you have to loose? But 3 grand plus, that’s a whole another story.

893scratchchin-thumb.gif893scratchchin-thumb.gif893scratchchin-thumb.gif

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rexcat

rexcat

Posted
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No need to apologize to me cats..

 

 

I hi-jack a thread with the best of em!

 

 

 

If your goal is to confuse a cat, it’s working. 27_laughing.gifinsane.gif27_laughing.gif

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Lucille-migration

Lucille-migration

Posted
Posted
No need to apologize to me cats..

 

 

I hi-jack a thread with the best of em!

 

 

 

If your goal is to confuse a cat, it’s working. 27_laughing.gifinsane.gif27_laughing.gif

 

 

In this world there are Hepcats, Hepkittys...... and Squares....

 

the Squares are nowheresville, while the Hepcats are way gone!

 

cs-6.jpg

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TomB

TomB

Posted
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Please use some common sense and think to yourself why anyone would sell you a $7,000 for $3,000. Can you give me a logical reason for that? 893scratchchin-thumb.gif

 

I suggest you run away from this transaction before you find out how much money you will likely lose.

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rexcat

rexcat

Posted
Posted
Please use some common sense and think to yourself why anyone would sell you a $7,000 for $3,000. Can you give me a logical reason for that? 893scratchchin-thumb.gif

 

I suggest you run away from this transaction before you find out how much money you will likely lose.

 

Please read my first post in this thread.

 

I cann't give an opinion on this Particular offering, not enough information about the dealer and the coin, but my example earlier gives lots of logic as to how this could be a sound offer.

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TomB

TomB

Posted
Posted

Sorry, Paul. I didn't notice your post above the noise in this thread. Yes, that is a possibility, but this seems to be a newbie we are writing to and that leads me to think they will lose money much quicker than make a sound purchase.

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Oldtrader3

Oldtrader3

Posted
Posted

No dealer is going to sell a $2.50 Quarter-eagle for 40% of retail unless it is overgraded or counterfeit. This issue has been counterfeited extensively because they sell for multiples of melt value. Even many experienced collectors have trouble grading this issue of coin. Legitimate and higher condition Indian $2.50 pieces sell for multiples of retail, not less than retail

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