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Collection Of Coins

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 28 / Views: 2,941Next Topic Page 2 of 2
Pillar of the Community
United States
1247 Posts
 Posted 05/05/2012  10:34 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
thanks for the advice guys...
like I said, I am on the stamp side more then the coin side...

I need to ID and inventory each coin. I will take scans of them (front and back) for your opinions.
The man has had them for 20 years so he is not in any hurry. I figure this will take me the better part of 6 months to a year. (my time is limited to a few hours a week.).
I have over 3000 posts on the stamp forum and enough "quality" points and time in this forum, so as time goes by, I'll be able to offer them for sale here first.

Thanks for the advice.
Rest in Peace
United States
9104 Posts
 Posted 05/05/2012  10:56 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list
, stampvirgin!

If you know how to unfry an egg, go ahead and clean your coins, otherwise leave the one coin in a thousand to the experts.


Quote:
any idea on a value for a 1987 $5.00 PROOF gold coin? Minted at West Point? Still, obviously in it plastic holder with all the trappings from the mint.

10-25 in the pen. There were no proof or W mints in 1987 $5.

I know it's difficult, but your step #1 involves several hours of reading, because you are obviously not familiar with collector coins.
Pillar of the Community
United States
1247 Posts
 Posted 05/06/2012  10:17 am  Show Profile   Bookmark this reply Add stampvirgin to your friends list
biggfredd..

1987 (sorry) USCC contains .24 troy oz. .900 gold.
Condition = Proof
Pillar of the Community
United States
1247 Posts
 Posted 05/06/2012  10:19 am  Show Profile   Bookmark this reply Add stampvirgin to your friends list
also- a 1987 Proof Silver dollar SF mint .76 oz silver. also from USCC.
Pillar of the Community
United States
917 Posts
 Posted 05/06/2012  11:44 am  Show Profile   Bookmark this reply Add Coindog to your friends list
I believe what you have is the 1987 U.S. Constitution Bicentennial set. If each coin has WE THE PEOPLE in cursive then thats what they are. Which are gold and silver value.


Pillar of the Community
United States
1247 Posts
 Posted 05/06/2012  12:34 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
Coindog... United States Constitution Coins. both of them...
Gold Five Dollar
Condition=proof
date 1987
mint =west point
I have a COA from the US mint for both of these.

The are the Constitution Bicentennial sets.. both are proofs.
Bedrock of the Community
United States
20753 Posts
 Posted 05/06/2012  2:22 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
A fellow gave me a huge collection of US coins..

Not sure who this fellow is supposed to be but I'll start with my usual words of CAUTIONS. Pending on how well you know this person, I'd start by saying make sure all coins are accounted for in quantity, quality, how stored, condition. Make sure that fellow sees all the coins and the documentation on them prior to you selling them. If possible, have that fellow present while your doing anything with his property.
Your not a coin dealer so you should be carefull with other people's property. So many things can go wrong with this situation. For example if later he thinks some coins could have been sold for more than you did, hard feelings will begin. If for some reason a coin vanishes, it's you that did that. Even if he retakes a coin and you don't see that, it could well be a problem for you.
I suggest purchasing a Red Book and sitting with him and going over all the coins. Using the Red Book would give you an idea of he has. You should really note to him that all the prices in the Red Book are excessive and are supposed to be the Highest price a dealer would sell them for.
For a comparison you could show him prices with a ocpy of the Grey Sheet.
I'm always pessimistic with situations like this since I've been there. In cases where families are involved, you quickly become the crook that pocketed the valueable coins. With just friends, some other so called friend will eventually say how much better he could have done somewhere else.
Just be carefull with other people's property.
Pillar of the Community
United States
1247 Posts
 Posted 05/06/2012  5:08 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
just carl.

Thanks for your advice.
I have known the man for some time, and before I took the coins we inventoried all the singles ie: not rolled up, proof sets, bills and the like.
I told him before I even sold one coin, that I would do a detailed inventory and check with him first. He knows I am not a coin dealer so that is okay. And he isn't in a hurry to sell them, so that's okay to. I went their originally for the stamp collection. :)
Valued Member
Canada
271 Posts
 Posted 05/06/2012  6:06 pm  Show Profile   Bookmark this reply Add OddCoins to your friends list
I would suggest buying the Red Book. It has values for most American coins including gold, proofs, errors and colonial coins. I think Susanlynn is selling some right now. You won't be dissappointed with it.
Pillar of the Community
United States
1247 Posts
 Posted 05/06/2012  6:26 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
thanks oddcoins.
who is Susanlynn?
Bedrock of the Community
United States
20753 Posts
 Posted 05/06/2012  6:53 pm  Show Profile   Bookmark this reply Add just carl to your friends list
The so called Red Book by Whitman Publishing is sold in many places. Almost all coin stores, some hobby stores, Amazon on the internet, Wizard coin supply on the internet, almost any place that deals with coins. There are virtually millions sold every year. Oddly enough since their prices are so exagerated, if you found a 2010 edition, most of the values are a lot more recent. The latest version now out is the 2013 edition.
I know it sounds like a long, long time but if you stick around here for the amouht of posts required to sell, you might find selling them here is faster and a lot more safer.
Rest in Peace
United States
9104 Posts
 Posted 05/06/2012  6:56 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list
Yo' momma! AKA Mrs. bobby131313.
Pillar of the Community
United States
1247 Posts
 Posted 05/06/2012  7:03 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
ahh.. okay thanks...
Moderator
Learn More...
United States
23522 Posts
 Posted 05/06/2012  7:03 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Susan's the Forum Mom, along with Bobby one of the two founders/owners of Coin Community. Near the bottom right of the forum front page, under the "Listing Categories and Newly Listed Items," you'll find a few links to Redbooks that she is selling in CCF's auctions section.

Although your postcount here does not specifically qualify you to buy at CCF yet, I'm thinking your seniority on the stamp side might qualify you for an exception in this case.
Pillar of the Community
United States
1247 Posts
 Posted 05/06/2012  7:17 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
oh, yeah... 50 posts.. forgot..
I don't think Booby or Susan will mind..

If I buy something from here.

I know Bobby from the stamp side.
Edited by stampvirgin
05/06/2012 7:18 pm
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