STGaudens MS63 - must sell - ADVICE PLEASE

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Saint Gaude » Wed, 20 Mar 2002 04:48:58



I have about a dozen St Gaudens MS63 gold coins, which I must sell.
Can some of you experienced folks help out a newbie with some advice?
What kind of price can I expect to get?  What's the Greysheet (March
2002) on them?  What's best, to sell to a dealer?  E-bay?

Your help and advice appreciated.

StG

 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Bob Flamini » Wed, 20 Mar 2002 05:00:03



Quote:
> I have about a dozen St Gaudens MS63 gold coins, which I must sell.
> Can some of you experienced folks help out a newbie with some
advice?
> What kind of price can I expect to get?  What's the Greysheet (March
> 2002) on them?  What's best, to sell to a dealer?  E-bay?

Questions, questions...

If you're an acknowledged newbie, how do you know they're MS63s?

What dates do you have? Got any 1933s in your stash? Knowing this
information will greatly affect the price you can expect to get.

I don't know about Greysheet prices, but you can get an idea of what
sort of retail prices to expect here:
http://www.pcgs.com/prices/frame.chtml?type=date&filename=saint_gauden
s_twenty

(if link wraps, click here: http://tinyurl.com/1gk)

If you want to get out quick, a dealer is probably your best option.
If you want the best price, eBay them (but be prepared to spend some
time scanning the coins and writing up good auction descriptions).

-Bob

 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Andre » Wed, 20 Mar 2002 05:03:06



Quote:

> > I have about a dozen St Gaudens MS63 gold coins, which I must sell.
> > Can some of you experienced folks help out a newbie with some
> advice?
> > What kind of price can I expect to get?  What's the Greysheet (March
> > 2002) on them?  What's best, to sell to a dealer?  E-bay?

> Questions, questions...

> If you're an acknowledged newbie, how do you know they're MS63s?

> What dates do you have? Got any 1933s in your stash? Knowing this
> information will greatly affect the price you can expect to get.

> I don't know about Greysheet prices, but you can get an idea of what
> sort of retail prices to expect here:
> http://www.pcgs.com/prices/frame.chtml?type=date&filename=saint_gauden
> s_twenty

> (if link wraps, click here: http://tinyurl.com/1gk)

> If you want to get out quick, a dealer is probably your best option.
> If you want the best price, eBay them (but be prepared to spend some
> time scanning the coins and writing up good auction descriptions).

> -Bob

I agree with the MS63 comment.  I almost hit send on an email reply but
thought better of it, suspecting a barrage of newly 'subscribed' to
enewsletters would suddenly appear overnight and appear and appear and
appear and appear...
--
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
-Andy in Pittsburgh
No matter what I am doing, I always feel better
when I stop doing it.  -Dogbert
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Saint Gaude » Wed, 20 Mar 2002 16:21:45


Thanks for your advice.  I really AM a newbie, but I've learned what I
could online.  I don't even know what MS63 stands for, but I gather
its some kind of quality rating.  On ebay, I saw it listed with the
date of the coin, so I figured it was germaine.

Is e-bay really a better way to make money over dealers?  I saw
several similar (to my inexperienced eye) coins on e-bay, and many of
them were languishing with no bidders.  After e-bay takes their cut,
is it still more profitable?

Thanks again for tolerating my newbie questions.  Here are the kinds
of coins I have:

1908 S No motto
1924 S
1925 S
1927 S

All MS63

Quote:
> I agree with the MS63 comment.  I almost hit send on an email reply but
> thought better of it, suspecting a barrage of newly 'subscribed' to
> enewsletters would suddenly appear overnight and appear and appear and
> appear and appear...

 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Bob Flamini » Thu, 21 Mar 2002 01:39:20



Quote:
> Thanks for your advice.  I really AM a newbie, but I've learned what
I
> could online.  I don't even know what MS63 stands for, but I gather
> its some kind of quality rating.  On ebay, I saw it listed with the
> date of the coin, so I figured it was germaine.

With all due respect, there is no way a newbie can determine that a
coin is MS63. I've been collecting coins for twenty years, and I'd be
hard-pressed to distinguish a MS62 from a MS63 from a MS64. It's
certainly germaine to the value of the coin, but if you don't even
know what MS63 stands for, I wouldn't be assigning it to any of your
coins.

Quote:
> Is e-bay really a better way to make money over dealers?  I saw
> several similar (to my inexperienced eye) coins on e-bay, and many
of
> them were languishing with no bidders.  After e-bay takes their cut,
> is it still more profitable?

eBay will almost certainly get you at least the price a dealer would
pay. Many dealers also buy from eBay, so figure worst case is you get
what a dealer would have paid you anyway. eBay's cut isn't that big,
so I wouldn't worry about it. And if you get a few good bidders, you
could make significantly more. Make sure to get good scans/pictures of
your coins, and write up a good description.

Quote:
> Thanks again for tolerating my newbie questions.  Here are the kinds
> of coins I have:

> 1908 S No motto  // $11,100
> 1924 S // $5,500
> 1925 S // $25,000
> 1927 S // $27,500

> All MS63

OK, now I really think you're trolling me. Those ones you listed are
not the typical Saints a newbie has lying around. I should be such a
newbie to have $70,000 worth of gold. This is going to open a whole
'nother can o' worms, but for coins of that quality, you should really
get them certified. Here's some websites to clue you into the
certification process:
http://www.pcgs.com  http://www.ngccoin.com  http://www.icgcoin.com

-Bob

 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Andre » Thu, 21 Mar 2002 02:48:27


Notice that "Saint Gaudens" is spelled correctly, something a newby almost
NEVER does.
Notice also that MS63 is in the email name and all of the coins 'claimed' to
be MS63.

Quote:

> > 1908 S No motto  // $11,100
> > 1924 S // $5,500
> > 1925 S // $25,000
> > 1927 S // $27,500

> > All MS63

> OK, now I really think you're trolling me. Those ones you listed are
> not the typical Saints a newbie has lying around. I should be such a
> newbie to have $70,000 worth of gold. This is going to open a whole
> 'nother can o' worms, but for coins of that quality, you should really
> get them certified.

You are right.  I inherited a large collection of coins from my grandfather
and the best coin was a Fine 1886 Liberty Nickel that realized $100 on ebay.
The odds that all those coins are legit are slim, and the odds that all of
them are graded MS63 by ACG is HIGH.  The Troll Meter is steadily climbing..

1         5        10
|-------|--+----|

Looric smells a Hagar nearby...
--
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
-Andy in Pittsburgh
No matter what I am doing, I always feel better
when I stop doing it.  -Dogbert
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Saint Gaude » Thu, 21 Mar 2002 10:33:44


Thanks everyone for the advice.  I've never sold anything on e-bay,
either, so I imagine I have a learning curve ahead of me.

As for me being some kind of a ringer, sorry to disappoint you, but
I'm just a newbie.  Once I sell these coins, I'll probably never be
involved with coins again.

How did I know they were MS63?  Um...they're all in plastic cases with
official-looking labels that say MS63, along with the date,
denomination, etc.  My wife looked them up in a coin book and wrote
down Saint-Gaudens, so that's how I spelled it properly.  Aussi, je
parle en petit peu de francaise, so Gaudens doesn't seem so hard to
remember.

I checked on the web site you recommended, and I bet you're right.  I
bet they're not S's.  I need to look at them under a microscope or
something.  No way I'm sitting on rare coins.

I guess the long and short of it is that I have to sell these, I've
never done it, and I'm concerned about getting ripped off or leaving a
substantial amount of money on the table.

Any other advice is appreciated.  

No salesman will visit you.  I am not collecting your email addresses.
 Paul is alive.   ;-)

Thanks again.

 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Bob Flamini » Thu, 21 Mar 2002 13:01:21



Quote:
> How did I know they were MS63?  Um...they're all in plastic cases
with
> official-looking labels that say MS63, along with the date,
> denomination, etc.

This explains a lot. They're probably already certified -- are there
any identifying initials on the holders (such as PCGS, NGC, etc.)? The
holder should also indicate a mint mark or not -- no mint mark would
indicate Philadelphia.

-Bob

 
 
 

STGaudens MS63 - must sell - ADVICE PLEASE

Post by Fred A. Murph » Fri, 22 Mar 2002 12:36:26



Quote:
> > of coins I have:

> > 1908 S No motto  // $11,100
> > 1924 S // $5,500
> > 1925 S // $25,000
> > 1927 S // $27,500

> > All MS63

> OK, now I really think you're trolling me. Those ones you listed are
> not the typical Saints a newbie has lying around. I should be such a
> newbie to have $70,000 worth of gold.

No troll.  He's mistaking the sig under the date for an S.  WIthout that,
they're all very common dates, exactly what he'd be likely to have.