12-17-2012 04:03 PM
I had this in the auction listings and they suggested I check out coins. I wasn't sure if I should ask in a general coin group or grading, but figure start at the grading group.
I have an 1882 Morgan silver dollar that was turned into a love token. The detail is amazing, there is a design going around the full circle, and it says Dora June 25th, 1884 with a few designs.
The coin is goldish in color, evenly on both sides, and I'm not sure if it was intentional or toning. How would I tell? I see auctions started at .99 and sold for $110 and up. Buy it now prices are 230-250. I think a price of around 175 is fair, but how can I be sure? (I am looking into love tokens with names and dates.)
I am a new seller, and don't want to gamble with this. I feel comfortable with an auction, but I don't want to risk starting at .99. I also don't want to start a bid of 100 and get nothing. I've heard mixed reviews of reserves. Is an auction the way to go and how should I go about it?
02-12-2013 04:07 AM
I always start most of my auctions with .99 If the coin is worth it then it usually brings the value. I think your coin could bring $150 and that should be your goal.