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New Member
 United States
20 Posts |
Thanks everyone! Really appreciate the advice. I'm actually surprised at some of the coins he had..lol I don't think there are rare coins but I just want to get a fair price for what I have. I think I'm going to try ebay . There are a couple dealers around here. One offered $145 for a roll of silver quarters. I've seen them on ebay for at least $200. I just found some interesting paper money. Going to post on the proper forum and see what you guys have to say. |
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Pillar of the Community
 United States
6566 Posts |
Quote:
One offered $145 for a roll of silver quarters Thats about what they are worth. Good luck |
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Moderator
United States
54282 Posts |
You can try ebay, but whatever you get for them will be reduced by about 15% in fees, and the risk that they will get lost in the mail (100% loss), and take other risks that will not get you cash in hand like at the coin dealer. The silver value in them TODAY is $142. Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Bedrock of the Community
 United States
18670 Posts |
pretty much everyone who inherits a stash of coins goes through this. some great comments above. Sap laid out your options. you never know if there is anything of value in there so in addition to the above I would suggest the following 1. make a list of the coins (including mint mark) in a spreadsheet by denomination 2. go to numismedia.com and check to see if any of them have more than minimum value. set aside any of those. these may be the ones you want to consider auctioning on ebay. 3. I would be photograph each side of these and post them here one coin per thread and let CCF members let you know if you have anything worthwhile and possible value http://www.numismedia.com/fmv/fmv.shtmEdited by panzaldi
08/25/2022 08:23 am
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New Member
United States
20 Posts |
Ty! I have my work cut out for me.
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Pillar of the Community
Canada
5394 Posts |
You stated your Dad was NOT a collector .
Therefore the stuff he accumulated was generally taken out of
Circulation back in the day . Detective work says that if you
are retired ,then he was in his prime when silver was replaced
by clad . He probably did what almost everyone else , took the
Silver out and squirrelled it away .
Take the stuff to a reputable coin shop and sell it .
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Bedrock of the Community
United States
94367 Posts |
Start by showing us a few items you think are the most interesting.
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Bedrock of the Community
United States
20753 Posts |
 On Google try coin shows. If there are any in your area, go to one and ask several different dealers about your coins. |
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Valued Member
United States
52 Posts |
Welcome, I am new here too and found the sticky on selling inherited coins under the new members introduction section to be helpful. Maybe I can paste it here: http://goccf.com/t/167629A bunch of old inherited coins is an interesting thing. I too have inherited coins. I've avoided doing anything with them for years. Now I am slowly gaining the knowledge through this forum, books, and other reading to assess what I have. Eventually I will sell what I don't want with the objective of transforming the accumulation into a collection. Leaving things better than I found them so to speak. It's another way I can remember and honor dad and build on what he started. Best of luck. Windmiller Edited by Windmiller
09/27/2022 11:03 pm
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Valued Member
United States
174 Posts |
I would suggest taking to 2-3 dealers, tell them you will be taking to 2 others and will be selling for highest offer. That keeps everyone as close to honest as possible.
I dread the day my kids have to do this, I am starting to thin out my stuff and move into gold/bullion, which will be less confusing when they try to sell.
Good luck and what a great gift dad left you!
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Valued Member
276 Posts |
Well. I just feel horrible inside when I think about my mom, who sold my departed dads coins to a dealer in one fellswoop. He would get the proof silverdollars from the mint. He had 1990 to about 2005. He did not know about grading companies, and that, if he had graded his best ones, and had an MS 70, then it would have significantly increased the value. I wonder If the dealer paid good for them? I never ask what she got for the raw proofs. But do get yourself a 2nd and third opinions, if I were you, and learn about grading. Just my humble opinion. Oh, and learn to identify errors, .
Edited by 279773
11/30/2022 10:43 pm
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Valued Member
United States
52 Posts |
ebay will quickly show you what junk silver coins are selling for. You can also sell silver on the Reddit forum r/pmsforsale. I see junk silver coins selling for around 20X face value. For example two 90% Kennedy Halfs for $20. Spend some time looking at completed sales. It's fine to sell for a discount for a quick sale, but it's better to do that knowingly.
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Valued Member
United States
345 Posts |
I've had scenarios similar to yours, come across my to desk and was happy help ... education, general condition and even appraisals. Ask around, maybe even some of your Dads friends are collectors, find someone in your circle that can help. Good Luck !
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Valued Member
United States
125 Posts |
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Valued Member
United States
345 Posts |
Find a reputable dealer / coin collector / coin club etc. Have the entire collection appraised, then sell it as a whole package (my opinion).
If you need the $ for bills, time must be important. While you may not recognize the "best" return, as it relates to retail value, you will get your cash and save a tremendous amount of time and effort. In fact, that may be your only option as you are not the collector, so I'll assume limited knowledge. The task of identifying, listing, valuing, describing, photographing, selling, collecting and shipping will be a daunting task ... Time vs. Value.
Best of luck !
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Replies: 22 / Views: 5,080 |
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First Page
Posted 08/18/2022 3:17 pm
