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 Replies: 40 / Views: 3,562 |
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Bedrock of the Community
13014 Posts |
Just to add on a little I would definitely recommend taking the time to sell it yourself at least for the higher end items it is certainly worth the extra effort. For some of the not so valuable things I would test it out and then decide for yourself if its worth the time for the extra money selling it on youre own or if youd rather just get some money for it and dump it off to a dealer.
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Pillar of the Community
United States
1801 Posts |
I am of a different mindset than most of the previous posters. You are obviously a patient person and have taken the time to learn about the coins and to learn about what might have motivated your father to collect them. I would suggest that you find out if there is a coin club in your area, I would go to a few meetings and get to know the group. Most of what you listed appears to be "common" although valuable coins. You may find you can get the best price for the bulk of your collection from collectors at the club. You can also get help, probably happily offered, to go through the Morgan and Peace dollars where the majority of the value is going to be and help you grade and identify what you have. People come to the club I belong to all the time and get to know us and then bring in coins to sell and almost always get much better prices than they will net off the bay or by selling to dealer. By the way, hang on to the 1963 Kennedy halves, they should be valuable. |
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Pillar of the Community
United States
1208 Posts |
A good place to do business via Craigslist is in the lobby of the buyer's bank.
Make them meet you there and pull the cash out while you are there. That way
you are safe, you know the person has an account at that bank, and the employees
may well know the person. So if anything happens, you are covered.
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Valued Member
United States
157 Posts |
I have a dealer that gives up to 80 percent of the value of my coins
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Pillar of the Community
United States
593 Posts |
Do you have a Red Book to help you identify the more valuable coins? |
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New Member
 United States
9 Posts |
Thanks everyone, this has been very educational. I hadn't thought at all about a coin club but I'll certainly look into some local ones for sure! Theres a lot I'm going to mull over and I'll probably have more questions tomorrow as I'm thinking more clearly and not so tired. I'm also going to take a few pictures and share them on here to see what everyone can add to my knowledge-base. However in the meantime I thought I could at least share a picture of the rings our jeweler friend made out of my Dad's bullion.  |
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Bedrock of the Community
13014 Posts |
Space I love that idea personally. Really cool and unique wedding rings
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Pillar of the Community
United States
917 Posts |
I would love a ring like that my fiance not so much.
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Pillar of the Community
United States
593 Posts |
That is very cool! When my first wife died, I took her wedding ring and had it melted to make a diamond necklace for her cousin who was like a sister to her. It's great to have something tangible as a memento. You may also want to pick out one coin that you really like and keep that for memory sake.
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Valued Member
United States
157 Posts |
i would keep the silver until it goes up in price you can use the spot prices here to help you
you WILL get more money that way, are you in a hurry to get the money?
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Valued Member
United States
157 Posts |
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New Member
United States
9 Posts |
Thanks. Those are obviously just the wedding bands. The wife has a much fancier engagement ring so I didn't totally cheap out by just giving her a ring with less than $30 of Silver in it :) A couple more questions about the more modern coins. I've got a few hundred uncirculated rolls of the first few years of the Quarter program (ie 45 Georgia, 40 some Connecticut etc) and I've seen online that some of these rolls can go for a decent amount more than their face value. Is it a reasonable expectation to be able to get near those amounts for the higher value coins or should I just take those coins, along with the unc rolls of the Washington, Adams and Jefferson dollar coins to the bank and deposit them? Ditto question for the bag of 99 SBA I have. Thanks again for all the suggestions. Oh and before I forget, I DO have a RedBook as well as a book on Lincoln cents and the most recent Greysheet. |
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New Member
United States
9 Posts |
Lars, thats an extremely thoughtful way of letting someone remember your wife.
And we have certainly already chosen out a few coins we loved from the collection as mementos (and I've done the same for my two brothers so they have something too).
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Valued Member
United States
157 Posts |
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
Edited by esandweiss
07/12/2012 5:37 pm
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Bedrock of the Community
13014 Posts |
Quote:I've got a few hundred uncirculated rolls of the first few years of the Quarter program (ie 45 Georgia, 40 some Connecticut etc) and I've seen online that some of these rolls can go for a decent amount more than their face value. Is it a reasonable expectation to be able to get near those amounts for the higher value coins or should I just take those coins, along with the unc rolls of the Washington, Adams and Jefferson dollar coins to the bank and deposit them? Ditto question for the bag of 99 SBA I have. You should be able to get premiums for those types of rolls from either a dealer or ebay. Could call a local shop and ask what they would pay for them and then check out the completed ebay listings for what they sell for and decide if its worth the effort to you to list them for whatever the difference would be (I assume the ebay price will be higher). Either way unless all the coins are beat up I wouldnt just drop them in the bank |
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Replies: 40 / Views: 3,562 |
First Page
Posted 07/11/2012 11:18 pm
