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 Replies: 21 / Views: 3,305 |
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Valued Member
United States
362 Posts |
 to CCF For the values of what you have try http://numismedia.com/fmv/fmv.shtmlAfter you do that then subtract anywhere from 4 - 10% at a coin shop and that should be close of what to expect. Or if you have time you can sell the pieces on ebay one at a time for maximum cash flow. As far as what silver to keep stay with englehart or something like that, and other serial numbered pieces. Bullion coins like the ASE (american silver eagles) as they have value in addition to or above bullion prices. With all of that said I encourage you to continue the collection and keep it because down the road you're going to kick yourself in the backside for getting rid of it. Good Luck Dude!  |
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Rest in Peace
United States
7075 Posts |
 with Fatman. If you are at all interested in collecting you might want to keep them all for awhile. Take some time to learn about grading, pick out the best of the best, and then sell the rest. Flawless or near-flawless coins can be worth a lot. If you sell them without really examining them with a loupe you will never know what you might have had. |
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Pillar of the Community
United States
7199 Posts |
Of what you have listed the only coins that should command a premium above the silver value would be the 1995 s silver proof sets. If any of your early proof sets 64-61 show coins of exceptional eye appeal such as a "cameo" look they may have some additional premium to the silver value. If any of your Ike dollars, brown box or blue envelope are dated 1973 or 1974 they would also show a premium over silver value. As you had listed silver at the end of your post remember that the Kennedy half dollars from 1965 to 1970 are a 40% silver. Some of the clad (non silver sets) you may not even be able to sell to a coin shop such as the 1971 and 1972 proof sets. Edited by muddler
01/14/2013 6:26 pm
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Pillar of the Community
United States
1088 Posts |
to CCF! That is a nice start to a collection. |
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Pillar of the Community
United States
3283 Posts |
Check the 1970 proof sets for small date Lincolns.
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New Member
 United States
5 Posts |
Wow.. thank you all very much. Kind of overwhelmed by all of this to be honest, but I'm working to absorb everything I can. I am definitely interested in keeping at least part of this collection. I am not interested in collecting for the sake of collecting, but I am extremely interested in collecting as an investment. When I first tried to figure out what I had, I realized I had a decent amount of silver, did some research, and now I've decided that silver is a really good investment for me at this moment. On the flip side, with very limited research I didn't think much of the proof sets as far as future value is concerned. So my plan was to sell everything but the silver, then purchase more physical silver. (I pulled most of the weights for my silver from http://www. (124) Not Allowed - Auto-Removed .com/proofsets/ ... if these are not correct please point me in the right direction!) So I guess my question becomes, future value of my collection vs its current value in silver? Keeping in mind that I plan on slowly accumulating phsyical silver (be it coins, bars, rounds) as my income allows. If any of what I'm saying is totally ridiculous or makes no sense please correct me.. I'm extremely interested in learning! This actually might be the start of something addicting.. I've already sorted through all my change looking for silver.. I even separated my all pre-1982 pennies, which I feel has to be close to the bottom of the spectrum for coin addicts lol. |
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Pillar of the Community
United States
1391 Posts |
If you decide you still want to sell, wait until you have a couple hundred more posts and sell them here!
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Bedrock of the Community
United States
11951 Posts |
In the first group of coins, from the1965 SMS set to the bicentennial
Medals. I think a coin shop would give you around $245 to $250
Hard for me to imagine getting more than $275.
Most coin shops do not pay much for common proof sets
FYI The half dollars in the 65 to 70 sets are 40% silver
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Bedrock of the Community
United States
10047 Posts |
You have come to a logical conclusion concerning silver. Long term investment is a good idea. Yes, silver prices go up and down, but overall they hold their value as compared to the economy. I know when I was a kid, a gallon of gas would cost you somewhere around a quarter or so. A silver quarter, at present is over 5.00 in value.
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New Member
United States
33 Posts |
Wise words. I think it's safe to say everyone on this forum is hoarding at least a little silver!
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Pillar of the Community
United States
1116 Posts |
Not me. I not hoarding silver. I lost mine in a boating accident out in the Mohave. It was tragic.
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Bedrock of the Community
United States
20753 Posts |
Quote:
I am definitely interested in keeping at least part of this collection. I am not interested in collecting for the sake of collecting, but I am extremely interested in collecting as an investment. The above statement is one you'll eventually find is not to smart. Almost any hobby should be just that, a hobby. Something to pass the time, have fun, go places to meeet others with the same interests, etc. Like with cars, for example, some spend many, many thousands of dollars on a car and then brag about it being worth many thousands. Of course after they take away the money spent, no profit at all. Coins, stamps, guns, etc. are all just hobbies. Of course there are those that buy and sell all the time. Those are the only ones that really come out ahead and in many instances, they don't either. Many coin stores start out as coin stores and eventually end up carrying other products or go out of buiesness. All I'm trying to say is keep what you've got. Allow it to either grow or just wait for tomorrow. You too may possibly leave it all to someone that wants to be a coin collector. |
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New Member
United States
5 Posts |
Thank you all very much.. I really appreciate the responses. I 110% plan on keeping my grandfather's entire investment together, whether it be as is or in a different form. For what it's worth, I haven't sold anything yet and I think that the longer I hold the proof sets, the less likely I am to sell. But at the same time, it feels foolish not to sell..
I hope I'm not stepping on any toes here, but I just can't seem to justify holding 250$ worth of coins that are increasing in value only slightly, if at all, with little long term upside; when at the same time, I can sell and nearly double my current silver holdings, which I believe will definitely increase significantly, all while still keeping the investment complete. Seems kind of a like a no-brainer to me...
I guess we'll see... free time is tough to come by for me right now so I haven't had much of a chance to head to a coin shop. I'm certainly not rushing out and jumping at the first deal I find, but if I find a good offer from someone who is willing to trade for silver bullion... think I'll have to pull the trigger.
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Valued Member
United States
176 Posts |
I'm not trying to be a downer, as I have much invested in silver myself, but don't get over anxious about buying silver as it has had significant dips ($49-$27) in the past. What I'm saying is don't expect to make a huge percent on your buys right away, but also don't be discouraged by occasional dips either.
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Rest in Peace
United States
7075 Posts |
I'm happy to learn that you aren't in a hurry to sell right away.
Here's some advice from an (ahem) older woman.
You're young. You may still be single now, but someday you might marry and have a few kids. Wouldn't it be nice to be able to give them something that's been in the family for a couple of generations? Proof sets don't take up a whole lot of space and while they are not big money-makers, they won't be worth less and less over the years.
As for silver -- pick a budget and stick to it. Buy low, etc. If you don't spend your entire budget one month, set that money aside and save it up while you learn about buying and selling. I think a lot of people think that they will wait until silver jumps back up to $40 and they will run to the coin shop and sell. Well, the shop owner can't stay in business buying everybody's silver when the price is high and you will be his newest customer.
Just saying... you're wise to take your time.
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Replies: 21 / Views: 3,305 |
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Posted 01/14/2013 6:09 pm
