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Replies: 20 / Views: 2,637 |
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Pillar of the Community
United States
3486 Posts |
Kitty, The members are here to learn and to teach. I only loose my patience when a poster asks for help with an ill conceived get rich scheme. For someone as yourself, there is no end to the patience. And that makes the CCF unique.
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Pillar of the Community
United States
1195 Posts |
Quote: Profit is the wrong word, unless your mom gave you a list of what she paid. I am assuming in the absence of such a list that she pulled these coins out of circulation. May I suggest, "Sell them at fair market value?" You are spending a lot of time on obtaining this education. This tells me that you respect your mom's passion for coins.  Although you want to sell all of them, I strongly suggest keeping one or two of these coins as keepsakes to represent your mother. Also,  so we can determine of there is anything extra special about them.
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New Member
 United States
20 Posts |
argentum you made me smile. and folks there are two coins I can't sell. One is a Peace dollar the other an ike. Mom only had two single coin containers and these two actually have my name on them. So to respect mom, I'll always have those. I will work on taking pictures. Could someone tell me which ones are worth the time to look at? Cause I know all of those coins arent worth it. Thank you so much, this is a lovely place, I'm so glad I landed here. Angie
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Pillar of the Community
United States
1195 Posts |
Quote:and folks there are two coins I can't sell. One is a Peace dollar the other an ike. Mom only had two single coin containers and these two actually have my name on them. So to respect mom, I'll always have those. Good to hear!  Here is a lot what the experts here will want to see pictures of, the sharpest you can muster: Barber coinage Mercury dimes Morgan dollars Walking Liberty halfLiberty Head Nickel 1930's Quarters Buffalo nickelThese have the greatest chance of being worth more than the base-value/silver weight depending on condition and mint mark
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New Member
 United States
20 Posts |
Thank you argentum. This means more work, because I have those folders and rolls to go through, I haven't really worked them, but there are lots of Mercury dimes and Buffalo nickels I haven't cataloged. But thank you, it gives me encouragement and I will keep on working. Angie
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Pillar of the Community
United States
3486 Posts |
As for me, I'll take a look at the Barber coinage, which includes the "V" nickels. There are plenty of specialists for the other series. Are you able to locate the mint marks on coins? If not or need help, the folks here will direct you to the resources which will help. For the time being, would you tell us the titles and range of dates on the folders? We all can then prioritize them for you. May I also ask when your mom began to collect? Best guess.
Edited by matthewvincent 08/23/2012 10:24 am
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New Member
 United States
20 Posts |
Thank you matthewvincent. I have the Red Book which I think shows where the mint marks are, trouble is seeing them. And many are worn away. But on those that are of interest I will get out my needlework magnifier and see what I can do. And I lol'ed because that Barber had me scratching my head for a while. Never seen one before. It may be the only one, unless its in the rolls I have yet to go through. Thank you again. Angie
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Bedrock of the Community
United States
20753 Posts |
I was just going to add in my 2 CENTS and say purchase a Red Book but you mentioned you already have one. What is the date and/or Edition on the cover of that Red Book? Usually that book is way, way over done on pricess so I always suggest using one about 3 to 4 years old for a better idea of values. When making a list of your coins, it is really necessary to know or attempt to state the Mint mark and condition. As to selling them, there is a chance that after you learn all about them, their values, their history, etc. you may change your mind as to just selling them all. Unless you need the money of course. Not sure of your age but possibly stop and think about keeping them for a while longer and hopefully they will go up even more in value. Some and/or many are also great keepsakese as a momento of your parents. And possibly some day a momento of you to your possible future kids. Quote: Someone gracious offered to look at my list and let me know if there is anything interesting in there. Be real carefull mentioning your coins to people. Especially those you don't really know and even then be carefull. People have a habit of changing stories. You tell someone you have a few hundred dollars in coins and in no time, you have close to a million and all stashed in your home. Not sure where you live but if in a large city area, crime is really something to be carefull of. I know you may want to get rid of those coins fast but one of my better suggestions is to hang around here for a while, acquire enough posts to buy and sell here. Most, maybe all, of the members on this forum are decent, honest, sincer people. Possibly not me though.  If nothing else you might run into a member that lives in your area and cuold possibly make you an honest offer for those coins. Much, much better than the average person.
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Moderator
 United States
190135 Posts |
Quote:... there are two coins I can't sell. One is a Peace dollar the other an ike. Mom only had two single coin containers and these two actually have my name on them. So to respect mom, I'll always have those. 
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New Member
 United States
20 Posts |
Thank you carl. My Red Book is 2007 so I should be good. I bought it right after I got the collection and was utterly confused. And no one in real knows about the coins. Except my bro and sis in law. I was talking to an online buyer. He is after silver, but says all the coins will be evaluated if they are worth more. Personally, the guy gives me bad vibes. I don't think I will be using his services. I am thinking at this point that I could get enough posts to sell here simply be getting an education and asking questions. Great board here. Angie
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Valued Member
United States
66 Posts |
you are on the right track, keep with it. Even clear cell phone pictures (make sure you have plenty of light on the coin) help.
like others said, just the peace of mind that you researched them first, is worth the effort.
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Bedrock of the Community
United States
20753 Posts |
Quote: I am thinking at this point that I could get enough posts to sell here simply be getting an education and asking questions. Possibly the smartest thing that many other new and/or even longer time members should consider. You can really get to know someone by constantly discussing coins with them. And someone that has been a member here for many years would not be the typical crook trying to get the best of your collection. More and more trading, selling, buying is going on here all the time. Due to this, a member is not likely to mess up their reputation with one deal and ruin it for themselves for many others. This is just one of the great things about this forum. Sort of like having a close friend by your side all the time. And again, I would like to stress, be carefull discussing coins with someone you really don't know.
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Bedrock of the Community
United States
11951 Posts |
I am not sure what all your numbers mean, but if I was looking at the the group of coins you listed I would check out your 1964 proof sets for accented hair on the Kennedy half dollar. Quote: 106,Proof set ?,"Kennedy, Washing, etc. 5 coins",1964 Does this mean you have a 106 1964 proof sets? As for the rest of the list, it does look like your coins would sell for their silver value. Most dealers will buy and sell your silver based on dollar amount (face value) of silver coin. For example $10.00 of silver Roosevelt dimes$40.00 of silver quarters $50.00 of silver half dollars $100.00 total face value. I feel right now most good dealers would give you around $19.00 for every dollar. Or for every $100.00 face = $1900.00 For the silver dollars (1878 - 1935), if common date/mint mark you might get around $21.00 each. for circulated coins. The American Silver Eagles you should get right around the current price of silver. If silver is at $30.00 per oz. then you should get $30.00 each. If I was selling I would try to sell in smaller lots. under $5,000.00. Smaller amounts can help in shipping and with your bank maybe wanting to file paper work when you move more than $10.000.00. Once I knew the amount of silver coins I wanted to sell, I would call any local buyers and ask what they would pay for silver. How many times face. Then check with some of the large bullion dealers and see what they would pay. I deal with a good one in Pensacola FL and one in Lake Charles LA. I feel it is easier to sell off the common coins first. Common coins like 90% and 40% silver coins, wheat cents and Buffalo nickels. Then take your time selling the better coins.
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New Member
 United States
20 Posts |
ah sorry to confuse, the first number on the list is a tracking number, which matches how I have them stored, so I can find them again.
Yes, I've run across a buyer on the internet who buys as you have described. Face value plus number of coins.
Not sure that I want to go that route.
I may hang around here and ask annoying questions (lol) until I can move this stuff here.
Best wishes, Angie
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Pillar of the Community
Australia
7096 Posts |
Quote: I may hang around here and ask annoying questions The only annoying/stupid question is the one you DON'T ask  Ask away, Thats why we are here 
Edited by trout1105 08/24/2012 08:05 am
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