Inherited Some Old Coins-What To Do? ? ?

Purchase a RedBook from a local coin store or book store if you have not yet done that. It will show which coins have a chance of being above average in price.

to the Forum!!

Congratulations on your new collection!

I agree the purchase of a RedBook would be a great start, and I would immediately start your education process here at the US Coin Facts section here on the CCF:

http://www.coincommunity.com/us_coin_facts/

and of course,

Good opportunity to learn about coins. First, don't clean them... that destroys value. Second, as a minimum, they are worth 21-23X face just in silver content so you do have something of real value.

Ship them to me! Just kidding. Since you probably don't know the differences between the grades of the coins and until you can get a copy of the Red Book the website Numismedia.com will give an idea of which coins have any value over their intrinsic metal content and you can separate them from the rest. By doing this if/when you decide to take these to a coin to sell you'll be less likely to get taken. advantage of.

Ed
ANA LM-3175

and put up some pics, we would like to see them.

inherited some old coins-What to do? ? ?

My thanks in advance to central texan for letting me use his/her inquiry as a starting point.
[Not that I asked! I am just making the assumption.]

With so many inquiries of this type we all begin to sound like a broken record! [Boy,
the youngsters here do not know what a "record" is!]

With any and all of these inquiries, the following information should be included:

"I am "99" years old and I have inherited coins from my "xxxxxxxxx" who
collected/assembled/amassed/hoarded these coins during the years "9999-9999".

This immediately gives us a clue as to what you may have.

"Some old coins" is a relative term. What is "old" to a neophyte may have been in circulation when I was 10 years old.
To me, a 1959 Lincoln Cent with the Memorial design was a new coin!

"Buy a Red Book." Perhaps. The common advice. But with the Internet resources this may not be necessary.
Identification as to type is simple. Within the CCF is all of the info needed. The members will direct you.
Better dates and mint marks? Many of us have those memorized!

"To sell or to start a collection?"
That is your decision. Personally, I try to give you knowledge and direction and then let you decide.
If you do not care for coins that is fine. Sell them and use the proceeds as you see fit.
IF you are thinking of starting a collection, well, we can help you do so. After all, the CCF
is dedicated to teaching.

"How much is it/are they worth?
We can only answer when you have done the above AND provided pictures, if possible.

Speaking only for myself, it is the collective duty of the CCF to provide answers to all questions.
Be they from collectors or folks who have just been burdened with the disposition of a family member's coins,
we should all refrain from placing our personal bias upon a new member and instead allow him or her
to ask for advice and then we provide it.

If the powers that be see fit, this little start should be polished into a "sticky" for helping people in
central texan's position, and everyone else, to proceed with confidence.

Are we not, after all, here to serve?

you can also look at the photograde website to get a kind of idea what the "pretty worn coins" grade and that will also help you get a better idea of value. There is no way to give a value of a coin without knowing the condition and the condition and value varies greatly. If you can not take pictures of the coins and post them on the forum for grading/value assessment then there is no way to really give you a concrete answer short of taking the coins to a dealer and letting him give you his opinion