Reddit reviews Grading Coins by Photographs

Well, based on the condition from the photo and according the the 2012 Red Book I would say a conservative $3,000 at least. Of course the market does fluctuate... I also used the ANA Grading Standards for United States Coins: American Numismatic Association and Grading Coins by Photographs. There may be some really good online services that can help you figure out the value as well, but I don't really know of any of the top of my head...

PS- Nice photos!

Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. Regardless of whether you’re a novice or an expert, the term numismatist still applies.

The important thing is to not overwhelm yourself and try to be an expert on everything. Learning how to research and educate yourself is probably the most important lesson to learn in the beginning. I would also recommend figuring out what you’re interested in collecting and focus on learning about that. Once you’ve done that, break it down further into manageable chunks, just like you’re doing with the Seated Liberty type.

I tend to focus on a single denomination at a time. I started with small cents, learning everything I could about varieties, grading, etc. When I want to switch it up, I choose a different denomination and start the process again. So if you’re interested in building a Seated Liberty type set, continue doing what you have been, focusing specifically on learning as much as you can about the type before the show.

If you don’t already have them, here are a few books I highly recommend picking up:

Official Red Book of United States Coins
Photograde
Grading Coins by Photographs
Cherrypickers’ Guide - Vol. I
Cherrypickers’ Guide - Vol. II

These aren’t meant to be read cover to cover, but I reference them constantly.

If you’re interested in focusing on Morgan’s at some point, I would also recommend this book:

The VAM Keys

Finally, when you’re considering a purchase, I go to eBay and filter by Completed and Sold auctions to get a sense of what kind of deal I’m getting. The market fluctuates frequently and although the Red Book is a very valuable reference guide, seeing what similar coins have sold for recently is a much more accurate representation of what a fair price is at that point.