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Inherited Collection And Overwhelmed

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New Member

United States
18 Posts
 Posted 03/23/2023  10:36 pm Show Profile   Bookmark this topic Add Driven to your friends list Get a Link to this Message Number of Subscribers
My dad collected. My grandmother collected. My great grandmother collected. I don't collect and am now trying to plow through, organize, categorize and release all of these coins back into the wild. or at least into someone else's hoard.

I am driving myself batty and am overwhelmed by the amount of coins and all of the nuances of double striking, filled b, mules (I own horses, don't like mules), dates, colors, creeds and countries.

When I figure out how to post a pic here, I'll add the $10 gold coin and some of the 1800-1935 dollars I found.

Anyway— I do think the coins are cool— I just think they need new homes. &
Looking forward to learning!!!
Valued Member
United States
465 Posts
 Posted 03/24/2023  01:40 am  Show Profile   Bookmark this reply Add Pmint1 to your friends list Get a Link to this Reply
Relax
Take your time and learn. You are in an amazing situation everyone on this site envy's. Don't clean or wash anything until you really know what you're doing( in about 10 years). The smallest difference in grade or finish or cleaning can mean thousands in value difference. Take your time and learn. Enjoy the process. It's a great hobby.
Valued Member
United States
316 Posts
 Posted 03/24/2023  02:37 am  Show Profile   Bookmark this reply Add Reno911 to your friends list Get a Link to this Reply

I completely understand about being overwhelmed with an inherited coin collection. One of the worst things is when it's not organized ugh and there's hundreds of pounds of coins. I hope that's not in your case. I'm sure everybody would love to see or hear what you have. There's a lot of expert advice on here to assist you.
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nickelsearcher's Avatar
United States
15458 Posts
 Posted 03/24/2023  07:16 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF

Take you time and when ready show some photos in the appropriate forum - we have lots of experts who can help ID coins and give you approximate values.

Whatever you do - avoid any temptation to 'improve' any of the coins by cleaning, dipping, rubbing, polishing or any other method. Leave them just as they are, even if some might appear ugly to your eye.
Take a look at my other hobby ... http://www.jk-dk.art
Bedrock of the Community
ijn1944's Avatar
United States
19177 Posts
 Posted 03/24/2023  07:31 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Agree with the sentiments shared above. Hope to see full, large and sharp photos of select coins. Will be fun!
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jbuck's Avatar
United States
188904 Posts
Pillar of the Community
United States
5208 Posts
 Posted 03/25/2023  3:01 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Valued Member
Canada
333 Posts
 Posted 03/25/2023  6:11 pm  Show Profile   Bookmark this reply Add Jess1234 to your friends list Get a Link to this Reply
Welcome Driven!
I was in the same situation as you are. It's been about a year and a half and I've organized and re-organized. I'm learning slowly but I truly believe we ended up at the right place in this coin community!
Don't be afraid to ask any questions. There are no stupid questions!!!! I have been so lucky to get support and almost instantaneous answers to my many questions.
I am loving every moment of this journey thanks to the wonderful people here!
Maybe one day, I'll be able to post a reply to a newbie's question as well!
Enjoy and cherish the memories of your loved ones. For me, studying my mom's coins makes me feel that she's still close.
Most importantly, have fun!
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Dorado's Avatar
Canada
24885 Posts
 Posted 03/25/2023  9:38 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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Curly82ABN's Avatar
United States
177 Posts
 Posted 03/26/2023  09:21 am  Show Profile   Bookmark this reply Add Curly82ABN to your friends list Get a Link to this Reply
Driven.
with all said thus far. Baby steps. You won't be lead stray here. Good luck with your journey.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/26/2023  09:55 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply


to the CCF!
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Jester's Avatar
United States
210 Posts
 Posted 03/31/2023  10:43 am  Show Profile   Bookmark this reply Add Jester to your friends list Get a Link to this Reply
Welcome to the community!
I am a collector now, but most of my collection was passed to me over the years, and there is a lot of bulk to sift through! If your intention is to not keep any of it, be very warry of taking it all to a dealer to sell in one go. You found your way here, so I think you already know that.
My best advice is to get a decent understanding of your collection yourself first and go from there. That way you don't get taken by someone. Start with one denomination at a time, learn what is special in that series, key dates, rare errors, low mintings etc and sort those out from the bulk. If you have a lot of well circulated silver coins, you can count them and get a weight of what they would be worth in current silver prices and you'd have a good starting point of what that set would be worth.
Again, that is after removing key dates etc. Those you will have to look up one by one, the forum is great help for giving grade/condition estimates for coins you think are higher value. I like to use PCGS.com and look up auction sales vs Red Book values to see what that particular coin is really selling for right now.
Best of luck! Feel free to reach out anytime, a couple years ago, I was right where you are. And while I'm still going through a lot of it, it makes so much more sense now. If all your coins are loose, I feel like it will take more time and effort to sort through vs if some were at least labeled in albums, 2x2's or similar. But it is doable!! Excel spread sheets can be your best friend!
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