Expert: Joe Hylas - 6/1/2008

Question
not sure if these are really rare or not hard to research ,,takes much time.i was offered some money for these coins and didn't sell , the guy keeps calling me to buy them, i was offered these amounts for these coins , are they fair..1877s trade dollar(good cond?) 150.00, 1877s trade dollar(better)150.00,1878s ( best of the 3)170.00, 1847 no motto seated liberty(you can see everything very clear, very readable) 355.00, 1903 O morgan graded ms64 by pcgs(late 80;s grading) 400.00, 1875 liberty seated 20 cent 160.00, 1958 franklin proof in case100.00. 1956 franklin proof in case 100.00, 1949s franklin 50 cent 50.00 1879s morgan in case graded by someone? ms63...7 tailfeather variety225.00..i have many more coins and proofs and just do not know wher to take them to find out true value any help would be great..thank you

Answer
Hello Sandy,

I know it can be very confusing keeping up with current values.

These may be fair prices, but it is hard to place a value on something without seeing and grading it.  If you were to say that the Trade Dollars were XF-45 grade, then I could place a value on it.  However, just because the dealer tells you it is a certain grade does not mean that he is telling you the truth.  Maybe the coin actually grades higher.

Some dealers undergrade the coins then pay a high price for that grade, but in essence they are underpaying for the coin.

Where are you located?  Maybe we can meet and I can offer you my opinion (free of charge), or you would be willing to ship them to me for review and offer.

Feel free to conatct me in the office at 800-474-6960 or 516-759-6960

Certainly you can email me directly at OmegaPM@aol.com

Regards
Joe Hylas
Omega Precious Metals, Inc.
www.AllCoins.US