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Grandpas Coin Collection

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New Member
United States
12 Posts
 Posted 05/14/2012  9:56 pm  Show Profile   Bookmark this reply Add bajarob to your friends list Get a Link to this Reply
wow! compaired to other hobby forums...you guys are amazing! thanks very much for all the well wishes, condolenses and advice. I also have a stamp collection from my grandpa....4 boxes full...lol and also have no idea what to do with them. He passed away about 5yrs ago and we have allot of keep-sakes from him. Now my dad has dimensia and I'm hoping to gather up some cash to help him out. That's why I'm thinking of selling the collection.
Rob
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jbuck's Avatar
United States
188770 Posts
 Posted 05/15/2012  2:53 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

I moved your topic to the Main Coin Forum to broaden the audience.
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acloco's Avatar
United States
3540 Posts
 Posted 05/15/2012  3:21 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Welcome aboard bajarob!
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macmercury's Avatar
United States
5832 Posts
 Posted 05/15/2012  5:21 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
bajarob,

Stamps is totally another beast, there aren't many young stamp collectors as coin collectors. I used to collect stamps, but once the postal system change to self sticking instead of gum, it turn me off.
New Member
United States
12 Posts
 Posted 05/16/2012  11:41 am  Show Profile   Bookmark this reply Add bajarob to your friends list Get a Link to this Reply
I'm still trying to find time to get to the library or book store to get the Red Book...then it looks like a long process to get a general value of the coins. I used the site guide for a while, but got a little blurry eyed going through them all. I'll have to come up with a system for marking them all since they are all in some kind of plastic case or wrap and most have multiple coins. Also thinking of trying to see if there might be a local "group" of coin collectors I could talk to also about how to sell them without just posting adds on craigslist.
Thanks again for all your help and your time to post here to give me some direction....anyone here close to olympia wa. in the states?
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ghostrider's Avatar
United States
1116 Posts
 Posted 05/16/2012  9:28 pm  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
bajarob:

Hopefully I can offer some advice.

1: The Red Book can be purchased online from the major book sellers.

2: Before you visit a coin shop to sell your collection it would be in your best interest to review the Red Book so you would have at least a basic knowledge of what you have and how much it may could be worth. Do your own due diligence.

3: If you do decide to sell your coins you might want to investigate this forum as a possible selling place.

4: Further, there are a lot of internet sites that could help you in your search, all you have to do is to look around.

Really, the last thing that you want to do is to sell what you have without investigating what you have. There are a lot of places out there more than willing to take advantage of unknowledgable sellers. If you go that route of not researching what you have you will lose money.

Again, DO YOUR OWN DUE DILIGENCE. It's for your own good and I offer this advice as a unknown friend. You don't want to sell a valuable coin for peanuts.

Share here, especially pictures and/or a sccurate description of coin, mintmark, and condition. Don't worry about condition as the Red Book will be a good guide as to condition. A fairly good camera would suffice for any pictures that you might want to post on this site.

Take your time and don't beat yourself up over your lack of knowledge. As has been said, there are people here who are knowledge and would be willing to help to answer a well thought out question.

Regards, and above all enjoy your learning experience here.


New Member
United States
12 Posts
 Posted 05/18/2012  10:21 pm  Show Profile   Bookmark this reply Add bajarob to your friends list Get a Link to this Reply
Sorry guys, no luck on a camera. I did find some loose coins though...not many, and some seem to not be US coins.
three dollars, a 1921 and an 1889 look to be the same and a 1935. All are tarnished but readable with a magnafying glass....another is a 1965, has churchill on the back and on the front says elizabeth II gratia regina F.D. another is 1917 says ONE PENNY on the front, back says georgivs v dei gra:britt:omn:rexfid:def:ind:imp:..probably bigger than a half dollar but seem to be light in weight...ok, my eyes hurt from reading these...lol
New Member
United States
12 Posts
 Posted 05/18/2012  10:24 pm  Show Profile   Bookmark this reply Add bajarob to your friends list Get a Link to this Reply
I hope I'm not starting to like this......
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trout1105's Avatar
Australia
7096 Posts
 Posted 05/18/2012  10:29 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
three dollars, a 1921 and an 1889 look to be the same and a 1935. All are tarnished but readable with a magnafying glass....another is a 1965, has churchill on the back and on the front says elizabeth II gratia regina F.D

I think what you have there are some British Crowns.
the first three are silver and the last one is a Churchill crown nickle copper coin
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argentum's Avatar
United States
1195 Posts
 Posted 05/19/2012  12:21 am  Show Profile   Bookmark this reply Add argentum to your friends list Get a Link to this Reply

Quote:
I hope I'm not starting to like this......


And why not!?

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MercuryDime's Avatar
Canada
262 Posts
 Posted 05/19/2012  12:27 am  Show Profile   Bookmark this reply Add MercuryDime to your friends list Get a Link to this Reply
Welcome aboard, mate!
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BadThad's Avatar
United States
19961 Posts
 Posted 05/19/2012  02:41 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply



1) DO NOT CLEAN THE COINS!
2) Get a Red Book. With it you can figure out quickly if you have any key date (more valuable) coins. The values are approximate but they give you a general idea.
3) Make an inventory list and document each coin or set.
4) Take your time!

If you need the money, by all means sell them, but make sure you have an idea of the value of what you're selling. You don't want to get scammed.
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
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Bacchus2's Avatar
United Kingdom
2882 Posts
 Posted 05/19/2012  02:55 am  Show Profile   Bookmark this reply Add Bacchus2 to your friends list Get a Link to this Reply
The Churchill one is very very common and really only worth about £1.
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ram96's Avatar
United States
417 Posts
 Posted 05/19/2012  06:36 am  Show Profile   Bookmark this reply Add ram96 to your friends list Get a Link to this Reply
Welcome to the forum. Take your time and enjoy the coins. It may seem a bit much now but you will find it very interesting.

When you are looking at the coins it helps to think that your grandpa saved them for a reason. Might help with the process.
New Member
United States
12 Posts
 Posted 05/20/2012  12:31 pm  Show Profile   Bookmark this reply Add bajarob to your friends list Get a Link to this Reply
Thanks again everyone. I'm listening and trying to educate myself and take it slow. I do need to get some money for my father but as per your instructions I realise I need to make sure I get the proper amount for these coins, which will mean taking a little time and patience going through them. I also will not clean anything ;)
Rob
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