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 Fair price for 300 IH Pennies?		  New Topic  New Poll New Poll
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coppernicus
Penny Collector Member


USA
299 Posts
Posted - 08/04/2009 :  16:50:52  Show Profile Send coppernicus a Private Message  Reply with Quote
What would you say is a fair price for 300 Indian Head pennies? How low would it have to go before you could not pass it up?

Neckro
1000+ Penny Miser Member



Saudi Arabia
1594 Posts
Posted - 08/04/2009 :  16:51:33  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message  Reply with Quote
I guess it'd depend on the shape of them.
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AGgressive Metal
Penny Hoarding Member



USA
789 Posts
Posted - 08/04/2009 :  19:43:59  Show Profile Send AGgressive Metal a Private Message  Reply with Quote
.... and the dates. Some are very rare. Most dealers sell G/VG common dates for about a dollar or 75 cents.
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484

http://www.randpaul2010.com/
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barrytrot
Penny Collector Member



USA
409 Posts
Posted - 08/04/2009 :  20:03:14  Show Profile Send barrytrot a Private Message  Reply with Quote
It very much depends on the shape + date.

For some reason the rumor is that "all Indian Heads are worth at least $1 each".

Every person that knows nothing about coins whatsoever seems to think this.

I buy AG/G commons on ebay from time to time and 80 cents per is a pretty good deal for that in semi-bulk.

For terrible looking sub-AG the "can't pass up" value is probably 41 cents per.
Edited by - barrytrot on 08/04/2009 20:05:09
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Robarons
Penny Collector Member



USA
370 Posts
Posted - 08/04/2009 :  21:52:11  Show Profile Send Robarons a Private Message  Reply with Quote
I would go by the current buy prices from dealers in your area so you can build a price off that. Avg. Date and Condition coins around here buy at .50-.75 and sell for $1-1.50. But better dates and conditions will require a book or the bay from there.
Robber Baron= Robarons
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CoinHunter53562
Moderator



USA
1754 Posts
Posted - 08/04/2009 :  23:39:03  Show Profile Send CoinHunter53562 a Private Message  Reply with Quote
Dealers here in Madison, WI pay roughly 50-55 cents each in bulk.
My hobby: collecting real money 1 copper cent or nickel at a time.
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highroller4321
1000+ Penny Miser Member



USA
1971 Posts
Posted - 08/05/2009 :  09:58:18  Show Profile Send highroller4321 a Private Message  Reply with Quote
If they are decent shape than I would try to get them for 75cents each. If they were all junked up and crappy I would probably pay 40 cents each, only because there are some really valuable dates that are out there.
Copper penny Investing
www.portlandmint.com
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