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Grandpa's Coin Collection, Inherited.

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Valued Member
Canada
464 Posts
 Posted 08/10/2009  5:55 pm  Show Profile   Bookmark this reply Add gawd0wns to your friends list
That is one collection to be proud of. Canadian coins, especially the earlier ones, have low mintages. Save it for the future.
Pillar of the Community
Canada
1248 Posts
 Posted 08/10/2009  11:01 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list
Hello Gorilla.....
what happened to the C Sovereigns?
did you forget them? cost more than the 5s and 10s... some of them...
Pillar of the Community
United States
4085 Posts
 Posted 08/11/2009  09:04 am  Show Profile   Bookmark this reply Add KenKat to your friends list
That is a beautiful collection. I think you are wise to move slowly as there is a legacy here. This collection was put together with great care.
Pillar of the Community
United States
3077 Posts
 Posted 08/11/2009  1:24 pm  Show Profile   Bookmark this reply Add yotie to your friends list
Wonderful collection

i noticed there was a bunch of 53 nickels you may have all four versions for that year

New Member
Canada
28 Posts
 Posted 08/11/2009  1:51 pm  Show Profile   Bookmark this reply Add mclayton to your friends list
I noticed them in there I have a bunch w/ no fold but the leaf is far not near. and a couple w/ fold and the leaf is near not far. Ill look closer later
Valued Member
Canada
304 Posts
 Posted 08/11/2009  2:00 pm  Show Profile   Bookmark this reply Add malibu to your friends list
I have two things to add:

1) I don't understand your grampa's use of two grades per coin, did he grade each side or is it a grade range? You posted 4 large scans of silver dollars on Sunday; the second 1949 is definitely NOT MS-60/MS-62, I'd say EF-40. This implies your grampa's gradings are not necessarily correct and more work is needed. Perhaps he wanted to sell the collection at one point and was a little optimistic: there's nothing wrong with that, we all do it. If you ever get to Toronto you could take a few of your best coins to ICCS for professional grading as mentioned above. By going in person there is no risk of losing them in the mail.

2) you have revealed your name and where you live and its a very small town. You now have a bit of a security issue as your collection is quite valuable. I'm sure you already know this and I don't mean to scare you, but a lot of coin collectors are secretive about where they live for fear of a break-in. Even at coin clubs we don't reveal personal stuff; you never know who could be listening. 99.9% of coin collectors are good folks you can trust, but there is always that .01% element you need to be aware of. You can put some of the more valuable coins in your parents' safe deposit box at the bank and keep photos of them for the collection at home. Don't show them to too many people...keep your doors locked and hide the collection carefully so it's safe when you are away. Or keep half of it at another house or secure location, preferably in a fire-proof safe.

Most important: have fun and good luck!
Pillar of the Community
Canada
1923 Posts
 Posted 08/11/2009  2:15 pm  Show Profile   Bookmark this reply Add papeldog to your friends list
I have been sending coins to ICCS for about 10 years now by express post and have never had a problem on ether end but just use ICCS 2010 Yonge ST Suite 202 Toronto Ont. M4S 1Z9 not the words on your envelope and never put the word (coins) in the address.

Or you could give them a phone call at (416) 488-8620 Fax (416) 488-6371 Scott Cornwell. they will tell you your options on how to get your coins to them the safest way I hope this helps.
Pillar of the Community
Canada
610 Posts
 Posted 08/11/2009  4:17 pm  Show Profile   Bookmark this reply Add collectall to your friends list
Yes! use extreme caution.This happened to me when I was new at collecting.40 years ago I had my most valuable coins stolen RIGHT OT OF MY HOUSE.(There was no break in)I told too many people what I had!
( I had an idea who stole them)(A very close friend)
Valued Member
Canada
183 Posts
 Posted 10/03/2010  6:27 pm  Show Profile   Bookmark this reply Add david mackenzie to your friends list
The price of silver is up.Bag and label the high grades,melt the rest and upgrade with already graded coins.That is what I am doing now.
New Member
United States
19 Posts
 Posted 10/03/2010  8:43 pm  Show Profile   Bookmark this reply Add USMC7579 to your friends list
Or you could sent them to me for safe keeping....... :) Just Kiddin. Nice of Grandpa to leave you something so well put together and from his effort. RIP Grandpa. Hang on to your collection, Grandpa is look down upon us now.
Valued Member
Canada
150 Posts
 Posted 10/04/2010  11:18 am  Show Profile   Bookmark this reply Add HawkC026 to your friends list
Wow, what a great collection of coins you inherited mclayton, thanks for sharing the pictures

If it was up to me, I would hold on to the collection although I would probably send a few coins from each denomination off to be graded just too get a rough idea what everything might be worth.
Pillar of the Community
United States
629 Posts
 Posted 11/23/2010  09:08 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list
If you have an interest in coins than you have a nice collection that will give you an education as you learn to grade and catalog the various types that they may reveal to you.
If you don't have an interest than, sell the entire collection. Determine how many ounces of silver you have and what silver spot is and take it to the dealer. At the least, that is what he will give you and for you it is a free gift of money. But take that money and invest in something like gold bullion and you will be ahead of the game in the long run. It will be easier to store and gold is going nowhere but up in value.
Your grandfather had his fun in building the collection. He would want you to do with it as you want.
Valued Member
United States
253 Posts
 Posted 11/23/2010  1:42 pm  Show Profile   Bookmark this reply Add coggie59 to your friends list
What a great collection I'm with the camp of "keep them" sending them off to a third party service. and passing them on to future generations. Your grandfather had a real good time assembling that fine collection. As I have mine I would hope that my progeny would hold on to mine and not sell it off for melt

IMHO Coggie
New Member
Canada
40 Posts
 Posted 11/26/2010  4:53 pm  Show Profile   Bookmark this reply Add curtis to your friends list
...and this is how the sickness is passed from one generation to the next. This is exactly how I got into collecting coins. Have fun going through your collection - its a nice way to still feel connected to the ones no longer with us.
Bedrock of the Community
United States
10284 Posts
 Posted 11/26/2010  6:45 pm  Show Profile   Bookmark this reply Add TNG to your friends list
Coin collecting is hereditary! Awesome collection!
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