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 Replies: 41 / Views: 3,057 |
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Pillar of the Community
United States
1882 Posts |
Quote:
Melt em, or are they better than that? As has been mentioned, melting them is how you will get the least amount of money for them. Selling them to a coin dealer should yield more than melt value. |
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Moderator
 United States
188924 Posts |
 Melting them introduces an unknown, regarding the purity and quantity of silver in hand. |
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Pillar of the Community
United States
1691 Posts |
wait for silver prices to spike(over $20 per once)...in the meantime(few months) list and look up prices for these coins and consider selling them here at the forum. GOOD LUCK!
PS BEWARE! I agree with xyshift& others at the FORUM that if
you spend a little time going over these coins you might get hooked! 
Edited by atlashealth
02/26/2009 8:53 pm
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Valued Member
Canada
464 Posts |
If I was in your situation, I would compile a list of all the coins, or do about 100 at a time, and then compare it to the values in a book of your choosing. After you get all the values down, you can decide what you want to do. You are bound to find coins with numismatic value, some that you might even want to keep and pass down to your family members.
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Valued Member
United States
187 Posts |
Your pictures are very hard to see the dates. Can you possible take another scan in smaller groups so we can see the dates and mint marks better
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New Member
 United States
11 Posts |
The Morgans are a couple of 1882s, an 1886, several 1890, couple of 1899, a 1904, several 1900, a 1921. The Liberty Dollars are all 1922, and one 1924. They are all O or no mintmark, except I have, it turns out, one Morgan with the CC mint mark.
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Valued Member
United States
365 Posts |
Hi W2D: I just saw and read through your chat thread here. You're doing "the right thing" looking into individual value versus melt value. If you do decide to sell your coins, do so only once you've educated yourself about them--beware of taking them to a coin dealer--or any other potential buyer-- until you have some confidence about what you think they're worth on the collecting market. You've posted a listing of dates; can you indicate which dates have an O mintmark, and which date has the CC? Those with no mintmark are all coins minted at the Philadelphia mint (versus D for Denver, O for New Orleans, CC for Carson City). Everyone's always looking for the CCs, since Morgan CCs start in values above 100-150 for lower quality condition and into the $1000s for better quality. In a sense, reflecting on all the advice people are posting, it's almost too bad that it's Morgans! Learning about coin values is tough enough, but Morgans are very complicated. They have all kinds of funky varieties and things... You might want to pick up a copy of the ' RedBook', R.S. Yeoman, Guidebook of United States coins,2009, Whitman Publishing. It can give you an idea really quickly of what kind of ballpark values your coins are falling into! -SCS |
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New Member
United States
11 Posts |
Thanks, Serious! I think I'm going to do that. The book, that is. Too bad I can't pack the whole thing up, take it somewhere to a collector and know that I'm dealing with someone that isn't going to be trying to shave every nickle off the deal. The endless detail and fear of being taken to the cleaners is probably going to drive the entire enterprise back into the toolbox and the bottom of the closet for another 8 or 10 months. It surprises me that the market can crash, that the cash supply and deficits can go up and up and up, and yet with all that, the price of silver continues to drop like a stone. It makes no sense, but there we have it.
All this complication over a couple of dozen silver dollars (I have a bunch of 1oz Liberty bouillon coins from the mid-to-late 1980s, too), and I haven't even looked into the (cumulatively) thousands of half dollars of several varieties, quarters from the early 1930s through 1964 and dimes dating back to the mid-teens through 1964. Nickles and pennies dating back to the beginning of the 1900's complete the collection, but I just don't have the head for the details like you guys. Like I said, my kingdom (or my collection) for an honest collector, rather than a dealer. I have a feeling the entire project is headed for the back of the closet once again..
Perhaps I'll muddle along, get 50 posts, and list some of this stuff and try to sell it here, who knows? Meanwhile, thanks for the replies, folks. If I don't move even one of anything in the collection, you peeps have given me some perspective I didn't get anywhere else, and for that, I owe someone a drink.
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Rest in Peace
 United States
1380 Posts |
What2do- where in Virginia do you live- perhaps another of us Virginians can point you to a trustworthy local dealer.
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New Member
United States
11 Posts |
Northern Virginia, Washington, D.C. area..
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Valued Member
United States
259 Posts |
what2do, Here is where you can learn about your coins... from people who will tell you the truth! We all love coins and have no ulterior motives here. If you have a valuable or rare coin, no one here will try to cheat you out of it or pay you a tenth of its value. My suggestion would be to start organizing things. Purchase a 2009 Red Book (U.S. Coin price guide). It will take some time, but you will get a good idea of what your collection is worth. There are several key-date coins that may be hiding in your stash. Unless you are in a hurry, I would suggest taking the time to catalog them. The good folks here at CCF can and will help you along with that. And when you've gotten 50 posts, you'll be able to put money in your pocket and some smiles on our faces. (Because I'm sure you have some dates that people here need for their books.) Just my Two Cents! Good luck! |
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Replies: 41 / Views: 3,057 |
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Posted 02/26/2009 4:13 pm
