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New To Coins. Inherited Mix Of Modern And Classics

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Author Previous TopicReplies: 21 / Views: 3,791Next Topic Page 2 of 2
Pillar of the Community
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 Posted 12/26/2014  4:13 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list
The 1955-d cent is in a basement slab. The website does not even exist. Unless it truly is a MS-67 Red (unlikely) it is of low value.
Edited by jimbucks
12/26/2014 4:18 pm
Valued Member
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149 Posts
 Posted 12/26/2014  7:25 pm  Show Profile   Bookmark this reply Add Shaf2b to your friends list
Ok. Thanks. Will have to get re-graded it seems like.
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 Posted 12/26/2014  7:36 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list
These all look to me like rotated dies!

IMHO, the pics need to be rotated 45 degrees ... I'm getting a stiff neck.
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 Posted 12/26/2014  8:18 pm  Show Profile   Bookmark this reply Add Shaf2b to your friends list
Sorry. Will work on better pics

New-To-Coins.-Inherited-Mix-Of-Modern-And-Classics

New-To-Coins.-Inherited-Mix-Of-Modern-And-Classics
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 Posted 12/26/2014  8:34 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
to the CCF.

I must have missed the other examples posted in other threads.

Appears that you have some lovely inherited coins ... hopeful that we can help you with them.

My suggestion is to post each coin in it's own thread ... then you will benefit from the best of the CCF expert knowledge.

David


Take a look at my other hobby ... http://www.jk-dk.art
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 Posted 12/26/2014  8:38 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list
Your brother had superb taste in coins. That Peace dollar is an incredible example.
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 Posted 12/26/2014  8:42 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
to CCF! Looks like you have inherited a very nice and quite valuable collection.

You might want to check out Numismedia if you haven't already. It should give you are ballpark value of your coins (retail).
http://www.numismedia.com/fmv/fmv.shtml

For example they have a 1925 Peace dollar in MS-67 valued at $4,910.

Keep in mind these are retail values, coin dealers would want to pay less.
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 Posted 12/26/2014  9:25 pm  Show Profile   Bookmark this reply Add Shaf2b to your friends list
Thank you. Will check it out
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 Posted 12/26/2014  9:50 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list
Sorry to hear of your brothers passing.

I agree that 1925 Peace dollar is stunning and a really well struck example, at least to my eye.

-MV
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 Posted 12/27/2014  09:29 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
I posted this on your other thread, it is a compilation of all the wonderful advice you have receved. It looks like your brother had a wonderful eye for coins.

https://goccf.com/t/167629
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 Posted 12/27/2014  11:50 am  Show Profile   Bookmark this reply Add Shaf2b to your friends list
Thanks so much all for the great advice.
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 Posted 12/27/2014  12:12 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
You have to decide if you want the coins, or the money out of the coins.

If you want the most money then your best bet is the auction route. Yes, you'll pay fees but you have less worry. Local and national dealers will buy your coins but below "book value" (they have to make a profit and have overhead).

Before selling anything learn everything you can about what you are selling. Do not make rush judgements. Think everything through before making a decision.

Review any tax implications you may have to pay too. That part can get depressing real quick.
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 Posted 12/27/2014  12:54 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list
Auction is a good way to go. You will NOT pay fees for coins over $1,000 sold through Great Collections. From what you have posted so far it appears many of your coins have a value over $1,000.
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 Posted 12/27/2014  2:56 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list

Quote:
Review any tax implications you may have to pay too. That part can get depressing real quick.


There might not be any/much tax due since this is an inheritance. Unless the items have appreciated in value since you got them. Might want to consult an tax professional to be absolutely sure.
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 Posted 12/27/2014  10:28 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list
Do consult with a tax professional. I think selling them within a year or two of inheritance pretty much sets the inherited value, as opposed to keeping them for ten or fifteen years. You can, also, either have them appraised now or appraise them yourself during the next year and establish the basis of value that way.
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