Roll of Nickels that will make you sick, Also Some Cool Gold Pics. AND UPDATE

[jewelerdave]

Ok, yeah I know I have not posted on here in a long long time...been too darn busy.
So I have been setting up at coin shows to buy silver and gold and sell it too and its been going well.

I had one find that just blew me away a few months ago when it comes to roll hunting.

So I had some lady offer me her Coin Collection, a small number of silver dollars, some 90% and other odd ball coins.
And a roll of Indian head cents, and a roll of old buffalo nickels and V nickels.

so I paid her strong on the silver but didn't really want the other stuff, she wanted to do a one stop deal. Ok Fine, I will buy the cents and nickels at 10 cents each. So $9 later I had them, tossed em aside and didnt look at them for a while, till after the show.


So a few days later I am going though the batch With one of my coin friends who is better than I at grading and recognizing rare stuff. He is going though the silver dollars looking for better dates etc and I decide, why not, go though the nickels.
So the first few are not that great, worn flat, dirty etc, Then I find one that is a 37 that looks ok. I say hey maybe this is worth 5 bucks in this grade. I fliped it over to check for a mint mark and to my shock its a 3 leg...WOW I said, is this what I think it is, handing the coin to my friend. "sure is, thats a $900 coin" NICE I think.
So I start going though the rest and sure enough I find ANOTHER ONE! Then my buddy wants to look at the rest of the roll. Everything else was junk.

So the next show I sold em for $1800. Not a bad turn around for a 10 cent buy. Probably a once in a life time thing too.


Aside from that the Gold Business is Brisk and Well, I have not hunted a coin roll in Months...I have just been buying from the local CRHers here, And its working well.

I do have a nice show of before during and after when it comes to the coining, its the pile of jewelry, then the raw gold bars, then the finished coins.

 

[mountainman 2]

Glad to see you're still around JD. Congrads on those 2 rare nickels, one is amazing enough, outstanding! Thanks for the pics too.

 

[golden silver]

JD, Where the heck have you been have not seen you post in an absurd amount of time. That gold is just madening. Incredible. I am seriously thinking of purchasing gold but what is your suggestion on the best way to go about doing it. Great to hear from you!

Golden Silver

 

[jewelerdave]

been working like a dog hustling, also going though a divorce, and all kinds of fun. So I have been everywhere.

Mainly just dealing, taking scrap and junk gold and silver and turning it into coins, new wedding bands, the usual.

Glad to see there are still some who remember me!

Thanks,

David

 

[TxTim]

Good to see you post again, JD!
Cool story.
Those pics make me drool!

 

[golden silver]

Of course there are still a few old heads around here.

Golden Silver

 

[wildwood]

Great pics and finds!

 

[Argentium]

Hey Jeweler Dave , Nice hearing from you again , wondered where you were , I've always
apreciated your posts because I've been sort of a hobbiest jeweler /silversmith for nearly
20 years . I grew up in Montana , so gold prospecting is in my blood as well , and I recently
discovered metal detecting and rediscovered coin roll hunting . enuff about me - suffice it to
say it's nice to hear from you again . Blessings to you and yours for a happy and prosperous
winter. Argentium . (Formerly Gregory, Santa Fe . )

 

[Silver Stripe]

Nice pics buddy. That one coin looks familiar- O yea cause I got one haha. Take care, Mark

 

[olepossum]

i got a ? what if a fella had a 3 legged buff and it was just 1 step above the lowest grade in the red book what do you think it would be worth

 

[jewelerdave]

well if its genuine and a real dog. Gray Sheet bid for a Good is about $435. Most dealers sell at Bid or back of bid to move product. Expect to get %50 to %70 of bid from most dealers.

here is one that went on EBay http://cgi.ebay.com/1937-D-BUFFALO-...mQQptZCoins_US_Individual?hash=item4149f7da31
This one on Ebay just went for $238

But it has some scratches. Just depends on how bad it is.

Bid was 1100 on mine and I took 900 each They were AU grade...no one ever gets full price on a coin unless they find a sucker....cause everyone wants a deal.

 

[jim4silver]

well if its genuine and a real dog. Gray Sheet bid for a Good is about $435. Most dealers sell at Bid or back of bid to move product. Expect to get %50 to %70 of bid from most dealers.

here is one that went on EBay http://cgi.ebay.com/1937-D-BUFFALO-...mQQptZCoins_US_Individual?hash=item4149f7da31
This one on Ebay just went for $238

But it has some scratches. Just depends on how bad it is.

Bid was 1100 on mine and I took 900 each They were AU grade...no one ever gets full price on a coin unless they find a sucker....cause everyone wants a deal.

Great finds on the AU 3 legged Buffalos.

From what I understand, it is not easy to get them in that condition because the error was not really widely discovered until well after 1937 when most all of them had already been circulating. At least that is what one of my coin dealers told me.

I am thinking about getting a nice one. They have come down in price a bit since 2007/2008, when they kind of peaked in price. I will wait and see what happens in a year to two to the price. Right now I cannot get myself to spend so much cash on a coin not made of gold.

Jim

 

[Ju8vP3t]

Great Pics JD...

 

[enamel7]

Great finds Dave! glad to hear from you again. How well have your sales on the gold coins going?

 

[rjw4law]

Re: Roll of Nickels that will make you sick, Also Some Cool Gold Pics. AND UPDAT

Good story.

 

[AFModell]

Congrats on the tripod buffs. Love the pictures of silver and gold you posted. Sick!

 

[mistergee]

hey Dave...it has been a long time. i was wondering how you were doing. that is an incredible find on those 3 leggers love seeing the gold. you do a great job. now if only i can find some more silver, i'd buy a coin or two from you. looking forward to more of your posts.

 

[JasonB]

Dave,

What kind of equipment does it take to melt gold and silver? I've melted lead before but I'd like to melt some silver to make some bars.

Thanks,
JasonB