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Large, Large Collection Of My Dad's - Mega Update With Photos!

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 Posted 03/18/2019  9:22 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Email sent. 3/18 @ 9:20
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Canada
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 Posted 03/18/2019  10:23 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
If I can make one more comment.

You might want to look at doing some kind of "Type Set". Basicslly keep a small number of nice coins that form a representative set of your father's collection. It will be a great memory/legacy but still allows you to capture the value of the collection. For example, keep the 1936 silver dollar, but sell the 1948. A nice 1936 will cost $60, while the 1948 is worth $1000+. You could put together a great set, without costing very much, especially if you are selling in bulk, you might not even see a difference in value if you take a few common coins out. Later on if you decide you really don't want them, you can easily sell a type set.

A dealer will probably price most of 1950's-60's silver at melt, all Olympic stuff at melt, any 1968+ at face value, with a few exceptions.

The canadian mint stuff generally sells for melt/face vale/fraction of original price.

I cant comment on the paper money.

My basic idea is that you can keep a little bit without significantly affecting your final selling price.

Good luck and hope you can put out a nice amount of cash for your mom and maybe have a nice memento of your father's collection.
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Canada
242 Posts
 Posted 03/19/2019  12:03 am  Show Profile   Bookmark this reply Add Loruca to your friends list Get a Link to this Reply
I agree with giving dealers a call.
One good test: Take GOOD pictures of that 48' and send them to the dealer, see what sort of price they toss out:
Colonial Acres
London Coin Centre
Etc..
Any foreign (silver or older) stuff?
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/19/2019  01:16 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Everyone has missed this one but there is a $1 banknote from 1898 that worth some money.
According to my 2018 Charlton Paper Currency Catalog that banknote is worth $3250 in AU condition. $5500 in UNC condition. Looking at the picture, the banknote has sharp corners, which certainly is one of the criteria for AU or UNC. Can't see if there are any folds on it though.

This is the banknote:


Large,-Large-Collection-Of-My-Dad's---Mega-Update-With-Photos!

The rest of the Dominion of Canada banknotes maybe $100-$200 each,
Edited by MoneyPenney
03/19/2019 01:59 am
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/19/2019  01:45 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
Note that dealers will probably give you an average of 50% of the retail list value of the items


More like 25% or bullion. Only ones getting 50% are high demand coins like the 1948 silver dollar.

Correct answer:


Quote:
A dealer will probably price most of 1950's-60's silver at melt, all Olympic stuff at melt, any 1968+ at face value, with a few exceptions.

The Canadian Mint stuff generally sells for melt/face vale/fraction of original price.


As for the stamps, very little value because they are cancelled and used. Even if mint not much money because they are pretty common. The 1/2 cent stamps worth a couple of bucks each.
Edited by MoneyPenney
03/19/2019 01:51 am
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 Posted 03/19/2019  05:03 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
There are also a few shinplasters that can bring some nice $$, but I can't see the date/series. Many of them are pretty common.
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jbuck's Avatar
United States
188213 Posts
 Posted 03/19/2019  08:58 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
A large and varied collection your father assembled. Thank you for sharing it with us.

Yes, I noticed there was an Ike in the mix (pictured twice).
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NumisCat's Avatar
Canada
288 Posts
 Posted 03/19/2019  10:54 am  Show Profile   Check NumisCat's eBay Listings Bookmark this reply Add NumisCat to your friends list Get a Link to this Reply
My suggestion would not be to start buying catalogs and trying to price this stuff yourself. Pay a few dealers for appraisals (two or three). Be up front, tell them that you are not looking to sell. If you use the dealers suggested earlier in this thread, you should get a fairly reasonable idea of what they're worth and what you can get for it. I don't see any reason to treat this as a DYI project given the amount of material and the wide-ranging nature of it. If you follow these steps, you will maximize your return for time spent dealing with it.

You might want to search ebay Sold Items for things like the 1858 cent, 1948 dollar, 1960 PL set, 1898 Dominion of Canada dollar, 1878 DOC dollar, Olympic gold coin, etc just so you have some idea of what these things sell for in comparable condition.
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Canada
1777 Posts
 Posted 03/19/2019  12:01 pm  Show Profile   Bookmark this reply Add loonielewy to your friends list Get a Link to this Reply
Sorry for your lose. I'm going to follow this thread and wish you all the best on the outcome. I say this because this could happen to my kids. I'll always take a learning chance. I'm of the sort who would keep it local, through the clubs, give the underdog the 1st shot at it. Nothing but good vibes there. And , yes as others have said, keep some for your memories. Good Luck.
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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 03/19/2019  5:26 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
I definitely wouldn't go to any dealer to sell.

You ONLY go to a dealer when time is against you, then you have no option but to take a kick in the pants with value.

Has anyone, after selling their valuable coins to a dealer in hindsight think it was the best possible decision?

If you aren't in a hurry to sell, then spend some time and investigate ebay.

It's the best place for the collector to sell.

Edited by doubleeagle59
03/19/2019 5:30 pm
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Canada
10458 Posts
 Posted 03/19/2019  9:50 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
The best place for a collector to sell - is to another collector. Local coin club collectors is a good suggestion...
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 Posted 03/20/2019  1:38 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
Your father took years to accumulate that collection.....so yes, it may take years to unwind it to achieve the best return for yourself.....
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Canada
2495 Posts
 Posted 03/20/2019  3:19 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
If you're going the appraisal route, only take the few items that are worth a great deal.

How to separate these?

Simple......you'll get plenty of help here.

Supply pictures (which you have) of everything and we'll tell you which items to have appraised (many items have already been identified as such).

Time is money with appraisers (I should know as I was once a jewellery appraiser) and you don't want a dealer/appraiser charging you for going through your items that have no extra numismatic value beyond melt, or easy to value items (such as Mint products).
Edited by doubleeagle59
03/20/2019 3:22 pm
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1723 Posts
 Posted 03/23/2019  9:18 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Thank you for sharing your fathers collection with us. Absolutely lovely collection. I guarantee every single person here wishes they had their hands on a wonderful collection like that.
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 Posted 03/25/2019  12:21 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
BaronVanAwesome: I sent you an email about the monthly coin club meeting in Hamilton and it's next Monday. Would you like to go and speak to a couple folks about your coins? Please PM me to let me know. B
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