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 Replies: 18 / Views: 3,351 |
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New Member
United States
3 Posts |
I have enjoyed collecting a small number of coins as keepsakes given to me by my father and grandfather since I was a kid. My father recently passed away and had a decent sized collection that is now mine. I will likely keep a few of the ones that are somewhat special or unique, but sell the rest as I am trying to lead a more minimal lifestyle.
My biggest fear is taking the entire collection to a local shop and getting swindled out of a fair price. Is that a legitimate fear or not? Should I post pictures here and get advice from you all first? Any guidance would be welcome as I am quite distraught over the loss of my father. Thank you for your time.
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Bedrock of the Community
Canada
24885 Posts |
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Valued Member
 United States
213 Posts |
I am so sorry for your lose. If you would post pictures of the coins there are some very good people here that know their stuff.
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Rest in Peace
United States
17900 Posts |
First, my sincere sympathy for your loss. A boys dad is a terrible loss at any age.
Post your best photos, one coin at a time.
You will get honest expert opinions for free.
Easiest way in the world to start.
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Valued Member
United States
338 Posts |
You are right about getting swindled at a coin show or pawn shop.
Best to take it slowly.
Sorry for your loss.
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Bedrock of the Community
United States
94367 Posts |
Indeed. Start showing us some of what you believe are your better items and we'll give our best feedback.  to the CCF! |
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Pillar of the Community
United States
912 Posts |
Sorry for your loss. As you read & learn about the coins from your father's collection resist the urge to clean or rub any coins with a cloth. If the coins are shiny or appear un-circulated, it is best not to touch them with your bare hands to avoid leaving finger prints on them. Good luck
Edited by JimNWLincoln
06/05/2018 8:47 pm
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Pillar of the Community
7234 Posts |
I hate to say it - but if you are distraught - then why is your first move is to sell?
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Rest in Peace
United States
1559 Posts |
 I too am sorry for your loss. That is also how I obtained the collection that I have. I also thought of selling some of it but I'm happy that I didn't. If you do not need the money perhaps thinking twice about selling will eliminate any future regret! If you have or plan to have children, the collection can be handed down for younger generations to enjoy! Either way, please do post pictures of what you have! As already mentioned there are many folks here that have the knowledge and experience to guide you on your journey! Good luck with the path that you Choose. 
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New Member
 United States
3 Posts |
Thank you all for the warm welcome. I will find something worthwhile to post soon.
Mark1959, because I am just overwhelmed with everything else I have inherited--a house jam packed with 40 years worth of stuff that I don't know what to do with, as well as all of his debts.
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Pillar of the Community
United States
3479 Posts |
Sorry for your loss, man. Post pictures of them here one by one. Don't worry so much about whether or not you posted them in the right section, moderators will move them to the appropriate section. If you struggle with pictures, let us know what cell phone you are using to take them and we will walk you through the process.
You were smart to come here first before asking a dealer.
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Pillar of the Community
Australia
1333 Posts |
Hi and , sad to hear your dad has passed, I have no problem with you wanting to selling a collection of his especially if it is large and you aren't into coin collecting. To you question, yes it is a legitimate fear that a pawnshop/coin dealer will under offer, worse ive seen is 10% of actual value o.O seriously. Also please don't expect them to be like yeap I take them for full value cause they need to pay rent and the bills to. First few things as a grasshopper in coin collect as people have stress DO NOT CLEAN coins, 2nd try not to handle them with your fingers and third do not handle them roughly although they made of metal of have a case around them they are for display any nicks or scratches can effect their values, especially rare pieces. |
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Pillar of the Community
7234 Posts |
Quote:
Mark1959, because I am just overwhelmed with everything else I have inherited--a house jam packed with 40 years worth of stuff that I don't know what to do with, as well as all of his I hear ya - that is why I know. My sister took my parents to SC and I have the wonderful task of cleaning their house. 60 years of cat piss that turned the hardwood floors Black. Last time I tried to pour Hydrogen Peroxide on the effected areas caused ammonia gas to rise and it burned my lungs for 7 days. It took a huge dumpster to get rid of all their crap - everything my Mom thought was precious was just junk! I feel for you = you live all your life then BOOM - just like that you are done! Sad! |
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Moderator
 United States
189767 Posts |
to the Community! |
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Pillar of the Community
Canada
586 Posts |
Your concerns a Local coin dealer or LCD is real. I have seen to many time people bringing in their old coins and only getting melt value. Grade of the coins never even looked at. If you don't want to sell them yourself, I would suggest looking up some local auction houses in your area and consign with them. You will get a evaluation at the same time. My best advice would be to get 2 or 3 appraisals. |
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Pillar of the Community
5464 Posts |
Again, very sorry to hear of your lose. Considering we don't know each other, your age or maturity level, you're doing the right thing by reaching out and asking questions first. If like you say, you are distraught and overwhelmed with events (as we all would be), I would suggest doing nothing at this point. Surround yourself with family and friends. Give yourself time. Time will heal all. I would try to avoid any major decisions (coins being the least of them) in your life and on my own, while I am in mourning. We're here for you.
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Replies: 18 / Views: 3,351 |
Posted 06/05/2018 7:48 pm
