Has Anyone Inherited A Truly Exceptional/Valuable Coin Collection? - Page 2

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Author	Replies: 21 / Views: 2,833	Page: of 2

hfjacinto Pillar of the Community United States 7293 Posts	Posted 12/15/2021 2:22 pm Quote: Wow , you left me wide open for this one . Not yet but my Grandchildren will in the near future Tony don't forget about your friend on the west side of the Hudson. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
jbuck Moderator United States 189767 Posts	Posted 12/15/2021 2:32 pm Quote: So none of them got a head start from a parent/grand parent? While I might call my first two Ikes an exceptional and valuable coin collection, most would disagree. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 12/15/2021 2:56 pm Quote: Tony don't forget about your friend on the west side of the Hudson. Ok , no problem but you might have to go diving for them . Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5404 Posts	Posted 12/15/2021 3:21 pm In all the years of being a coin dealer (1977 to date) in Canada , I can count on two hands truly exceptional Collections , lots that have passed through our hands . A huge reason , most Canadians from the end of WWII on had very little REAL disposable income , unlike our American cousins ! MOST collections , lots , hoards , etc. that we are offered are of bullion or minimal collector value coins that were taken from pocket change or roll searching . One unbelievable highlight was buying two 1921 Canada Five Cent Silver coins on the same day from two different people !! The best collection I ever had the opportunity to appraise , a World Collection @ 600 K that was distributed amongst heirs . Few and far between are nice Numismatic treasures in Canada ! Report this Post to the Staff
thq Pillar of the Community United States 3343 Posts	Posted 12/17/2021 8:38 pm A wise coin dealer once told me that estates that came into his shop as "collections" were actually just "accumulations". And usually worth a lot less than the seller thought they were. This same dealer also showed me a really nice old coin book estate set of Morgans which he traded for Krugerrands. He had no dog in the fight, graded and priced fairly, and didn't compete with his customers as a cherry-picking collector. In my role as executor, my dad had an accumulation of modern US proof sets, dating from 1985 and later. No one in the family had any interest in them so I liquidated them and put $15,000 in my mom's bank account. One of the silver coins was actually a scarce issue and worth $700, but 95% of the value was in the gold coins....and not much above bullion. From this I learned that gold coins were intrinsically valuable, provided that they could be purchased without outlandish premiums. I also learned that modern base metal proof sets are worth about $5. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire Edited by thq 12/17/2021 8:44 pm Report this Post to the Staff
Ty2020b Pillar of the Community United States 4680 Posts	Posted 12/18/2021 01:23 am I wouldn't say the collection I inherited was "truly exceptional" compared to most that have popped up on here or in the news, in regards to monetary value. It was certainly no hoard or accumulation, but well organized, thanks to my great grandmother/father, grandfather, and years later, work me and my grandmother put into it when I was growing up. Majority made up of classic US coinage , some moderns, a small-decent world collection (they traveled A LOT), and NO gold! No need to get into specifics, but north of 5 figures. There were plenty of holes to fill, many/most of which I have completed and started/ finished my own albums. It will continue to stay in the family (if my kids show any interest later, one already has). And even though this thread is monetary related, it has more sentimental value than any $ put on it. Report this Post to the Staff
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