HI Guys, I'm New &just Inherited Some Coins & Need Some Help

and 90 days

We can point you in the right direction and help with pricing but the real problem is silver just dumped to $19.91/ounce. A few months back it was over $30. If they are duplicates then I see no reason to hold them if you need the cash. Try calling some coin shops in your area and see what they might pay you for them. Being common dates hurts the possibility of a nice premium so they will probably quote you a base price.

At the current rate for my LCS those 5 would cost about $46 to buy, but selling it to them would be less, they have to make a profit.

Check prices on ebay and post away, or try local and you don't have to wait for a sale and hassle with mailing them.



weak strike on the 2 or are you seeing something else Silver Searcher?

ya I figured he was asking because he thought it mighta been 41/2 . So basically what I'm hearing is these coins are all in good shape but all "common" by collector's standards. Is that true ?

Welcome, You can find the VAM # on the 1886 Morgan at http://www.VAMworld.com , you never know, that one coin might be worth more if it is a rare VAM, it never hurts to check and see. If you have any other Morgan or Peace Silver Dollars you can post close up images of them in the VAM part of this forum if you need help. There are also varieties in all of the other coins but you will need to study up on each series to understand what to look for. I am not familiar with anything other than Silver Dollar VAM Varieties myself.

From what I can see in the pictures you 1886 Morgan has a Normal Date Position. Search through the list of Normal Dates and try to find the die markers on your coin. You will need a jewelers loop, they can be bought on ebay for a few bucks. http://www.vamworld.com/1886-P+Obverses

There are not many 1886 VAMs that are rare but there are a few that fetch premiums when called out.

Have fun searching for the varieties, it makes collecting coins 100 times more fun in my opinion.

I agree with the others, don't sell these coins unless you are starving.

Kris

I have to play devils advocate here, they are his coins and if he wants to sell I say go for it. I have several silver coins from ages past and they all have some level of family history. If I was in a jam and needed it I would have no problem letting a few of the six 1922 Peace's go. Duplicates remember, and if the daughter is turning 16... do I really have to finish that sentence?

I may have low-balled on my estimate but if $125-$150 would only get you a few lunches I think you are eating at the wrong restaurants. Putting the time in and finding desperate eBayers that have more dollars then sense might get some nice returns but I'll direct you to the Kitco charts that have been below $20/ounce for the majority of the past 3 days, now is the time to buy!

With all that said, SELL, SELL, SELL! And do it with a clean conscience.

You can play devils advocate all want, but this is what he asked in his original post:




......and what he is getting is advise and guidance, the exact answers he asked for. Had he joined the forum and stated that he got some coins from a relative, he has no interest in them what so ever, they have absolutely zero sentimental value, " I just want the cash ", then he would be getting different answers. There is nothing wrong with answering the question asked, you gave your guidance, everyone else gave their advise and guidance.

It seems as if that's the advice they are giving - to sell or not, with good reasons on both sides. In the end, of course, it's up to the OP.

They've also given an answer on whether to grade or not: 'It's not worth the grading fees' seems to be the general consensus.

A little expansion on your comments might allow your meaning to be clearer. I'm a little confused about what you were trying to say.

what was the negative feedback that is equating to brow beating?

this man posed a question, shared a story and got some different input from different sources.

Forget "why" he should do what any of us are advising and focus on the simple facts of his questions:

A) is what I have special and extra valuable? No, it is not.

B) Should I send these in to get graded, is that worth it? No, it is not.

Nice little collection of coins you've got there, best of luck whatever direction you travel with them

I can't say I'm particularly happy with the direction this thread has taken. Advice is advice, and in case you've been ignoring your mirror lately, advice that disagrees with your opinion is more important to you than it is to the person asking the question; if you're going to take someone to task in public for offering an opinion then you've grown too large for your britches. Thank you for offering this stellar picture as someone's first impression of Coin Community.