Inherited An Old Piggy Bank - Coin Community Forum

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Author	Replies: 41 / Views: 4,299	Page: of 3
acevedor2 New Member United States 11 Posts	Posted 08/07/2009 3:45 pm Hello all. This is my first post and to be honest, I know absolutely nothing about coin collecting. We just inherited a fairly sizable piggy bank with ALL KINDS of US coins. There are half Walking half dollars, Benjamin Franklin half dollars, Liberty Quarters, several hundred wheat pennies, Mercury dimes, Buffalo nickels, etc. I have spent the last couple of hours on the internet trying to get some kind of idea of where to start getting a value on these things, but I still have no idea. What I am looking for is somewhere to start. I am certainly willing to post pictures and have you guys take a look at them, but again, I don'[t know which ones to post. This was a fairly sizable piggy bank amd there are a lot of coins. If someone could give me a particular year or years for a type of coin that might be more preferable than another, I can post some pics. Thanks in advance for all of your time. Have a great day. Cheers, Ray Report this Post to the Staff

Gothic Florin Pillar of the Community United States 2541 Posts	Posted 08/07/2009 3:57 pm Report this Post to the Staff
xshift Pillar of the Community United States 2669 Posts	Posted 08/07/2009 4:00 pm Welcome, Ray! When determining value, the year, mint mark, and condition are very important. The year and mint mark are easy - determining condition (grade) is the most time-consuming. We can help you with that, if you want to post close up pictures of both sides of the coins. The links on the upper left of the menu here can take you to areas of information on the different coins. There is also information on what to look for on that particular series to grade them. Also, getting a Red Book will help on how to grade them. The pricing in the Red Book is too high, so isn't good for determining value once you know the grade, but it has other valuable information on the different coins that will come in handy. Others will be along to give more advice, too. Again, welcome to the forums, and let us know any other questions you have! Report this Post to the Staff
manila galleon trade Pillar of the Community Spain 1361 Posts	Posted 08/07/2009 4:11 pm First things first, I suggest you group your coins from 1 cent to 50 cents or 1 dollar. Arrange it by year and mint marks (P,D,S). Take an inventory or a list of what you have. Post what you found or your list here and we can tell you which coins are expensive, and then you can post pictures of those coins so we can help you in grading and pricing. Report this Post to the Staff
ratman4762 Pillar of the Community United States 2520 Posts	Posted 08/07/2009 4:18 pm I would pick up a copy of the RedBook like previously mentioned. The prices are a little high, but would be valuable reference tool to help you identify mintmark location on different coins. The RedBook will also help you single out the more desireable date/mintmark coins. Alot of the lower grade common silver coins value depend on the price of silver (this is where the RedBook will come in handy) so it is important to know which are the better dates. Everybody here is friendly and Knowledgeble and you've chose a good place for help! Welcome to the Forum! Report this Post to the Staff
acevedor2 New Member United States 11 Posts	Posted 08/07/2009 4:25 pm Wow, thanks for the great replies. It is obvious that I have come to the right place. I will look for the RedBook today. I'll also post pics this evening of some of the different ones that I have. I know that a lot of them are well worn, so will likely be valued on the silver content rather than their collectible nature. Thanks again guys! Report this Post to the Staff
coincollectingkid Valued Member United States 323 Posts	Posted 08/07/2009 4:39 pm wow, that's really cool acevedor2, that would be awesome. Yeah, definetly pick up a copy of the Red Book and post some pictures! good luck on finding something awesome! Report this Post to the Staff
Tim Stroud Pillar of the Community United States 2661 Posts	Posted 08/07/2009 4:44 pm acevedor2, you have come to the right place. Do what Manilagalleontrade said to do and you will soon find the answer to your question. An honest one at that. There is no quick answer so be patient. If you want to keep the collection you will also find people here to be very helpful on how to organize and store your coins. Report this Post to the Staff
mowens16 Valued Member United States 120 Posts	Posted 08/07/2009 5:24 pm Please make a good inventory of what types of coins you have by year and mint mark. Once you get that, post it on here and everyone will go through and identify the most likely "high dollar coins" (I hate that term but can't think of anything better) to get you started. Once that is done get pictures and post them here and the fun begins. Good luck and happy inventorying Mike Report this Post to the Staff
novillero Valued Member United States 290 Posts	Posted 08/07/2009 5:39 pm Yes, please get back to us and let us in a bit more on this. I agree to make an inventory for here, and pick up the soft copy of the Red Book for yourself at home. This place is very helpful, you will be able to learn alot but kowing the inventory is key. The Red Book will help you located MINTMARKS too. That is also crucial to knowing the worth of many coins. And it is not located in the same place for every type of coin, and sometimes it moves around on a particular coin through the years. Report this Post to the Staff
BadThad Bedrock of the Community United States 19930 Posts	Posted 08/07/2009 5:54 pm The first thing to do is sort them by type, then learn the key dates for each type and see if you have any. Those coins would be the top priority! Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
TNG Bedrock of the Community United States 10284 Posts	Posted 08/07/2009 9:44 pm DO NOT CLEAN the coins, handle each one by the edge and keep them from coming in contact with each other until you learn more about how to care for them, then how to identify and preserve them. and Edited by TNG 08/07/2009 9:46 pm Report this Post to the Staff
acevedor2 New Member United States 11 Posts	Posted 08/08/2009 01:54 am Thanks again for all of the tips guys. I have never been into coins, but this is actually kind of fun. I started cataloging them - boy what a long time this is going to take. Here are some pics as requested. I still have LOTS more to catalog. Also, here is the start of my list. Type Year Mint Liberty Quarter 1925 Liberty Quarter 1927 Liberty Quarter Liberty Quarter Liberty Quarter Liberty Quarter Liberty Quarter Liberty Quarter Liberty Quarter Liberty Quarter Liberty Quarter Franlkin Half Dollar 1951 S Franlkin Half Dollar 1951 S Franlkin Half Dollar 1959 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1963 D Franlkin Half Dollar 1961 D Franlkin Half Dollar 1960 D Franlkin Half Dollar 1960 D Franlkin Half Dollar 1962 D Franlkin Half Dollar 1962 D Franlkin Half Dollar 1961 D Franlkin Half Dollar 1961 D Franlkin Half Dollar 1958 D Franlkin Half Dollar 1963 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1960 D Franlkin Half Dollar 1952 D Franlkin Half Dollar 1958 D Franlkin Half Dollar 1960 D Franlkin Half Dollar 1960 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1957 D Franlkin Half Dollar 1963 D Franlkin Half Dollar 1963 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1952 D Franlkin Half Dollar 1957 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1962 D Franlkin Half Dollar 1962 D Franlkin Half Dollar 1950 D Franlkin Half Dollar 1958 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1957 D Franlkin Half Dollar 1958 D Franlkin Half Dollar 1954 D Franlkin Half Dollar 1963 D Franlkin Half Dollar 1963 D Franlkin Half Dollar 1959 D Franlkin Half Dollar 1963 D Mercury Dime 1941 Mercury Dime 1941 S Mercury Dime 1942 D Mercury Dime 1937 Mercury Dime 1935 S Mercury Dime 1944 S Mercury Dime 1945 D Mercury Dime 1944 S Mercury Dime 1941 S Mercury Dime 1945 S Mercury Dime 1943 Mercury Dime 1944 S Mercury Dime 1944 Mercury Dime 1935 S Mercury Dime 1943 Mercury Dime 1945 Mercury Dime 1943 S Mercury Dime 1943 S Mercury Dime 1942 Mercury Dime 1943 S Mercury Dime 1942 Mercury Dime 1943 S Mercury Dime 1942 D Mercury Dime 1943 S Mercury Dime 1944 Mercury Dime 1943 Mercury Dime 1943 S Mercury Dime 1943 S Mercury Dime 1945 D Mercury Dime 1941 S Mercury Dime 1943 S Mercury Dime 1942 D Mercury Dime 1942 S Mercury Dime 1944 D Mercury Dime 1943 Mercury Dime 1943 S Mercury Dime 1942 Mercury Dime 1942 Mercury Dime 1941 D Mercury Dime 1942 S Mercury Dime 1942 S Mercury Dime 1945 S Mercury Dime 1941 Mercury Dime 1943 D Mercury Dime 1945 D Mercury Dime 1944 D Mercury Dime 1944 D Mercury Dime 1942 D Mercury Dime 1945 Mercury Dime 1944 Mercury Dime 1939 Mercury Dime 1941 Mercury Dime 1942 S Mercury Dime 1943 Mercury Dime 1945 S Mercury Dime 1949 Mercury Dime 1944 D Mercury Dime 1939 Mercury Dime 1942 S Mercury Dime 1937 Mercury Dime 1940 S Mercury Dime 1941 Mercury Dime 1941 Mercury Dime 1945 S Mercury Dime 1940 D Mercury Dime 1945 D Mercury Dime 1942 Mercury Dime 1942 Mercury Dime 1942 Mercury Dime 1942 Mercury Dime 1941 D Mercury Dime 1942 S Mercury Dime 1944 S Mercury Dime 1944 D Mercury Dime 1942 D Edited by acevedor2 08/08/2009 11:33 am Report this Post to the Staff
acevedor2 New Member United States 11 Posts	Posted 08/08/2009 01:56 am For some reason, these thumbnails are not click-able to make them larger. I'll try and get the high res shots up tomorrow. Cheers, Ray Report this Post to the Staff
Jaobler Pillar of the Community United States 6381 Posts	Posted 08/08/2009 03:47 am Hello Acevedor2, and welcome! The specific coins you listed by date, mint, and denomination are all common and they don't have high value until you reach gem mint state condition. The inconvenient truth about rare coins is that they are rare! Your piggy bank appears to contain a great assortment of the common date coins that were circulating in the early 1960's but that assortment likely does not include the scarce and valuable coins. Your wheat cents (not pennies!), Buffalo nickels, and Walking Liberty halves also need to be inventoried by date and mint, just in case you have a valuable one. There are some rarities in each of these series. Your Red Book will show you which ones are "special"! As a starting point, your silver coins are worth a minimum of about 10X face value. If you work up to the 50-post minimum you wouldn't have any trouble finding buyers on the forum. Report this Post to the Staff
manila galleon trade Pillar of the Community Spain 1361 Posts	Posted 08/08/2009 06:27 am Arrange your coins in years in sequence. Example: Mercury dimes 1941 5X 1942D 1942S So you don't need to have a very long list. Then we can tell you which coins you can post individually. 99.9% you won't have a rare coin but maybe you will find some semi Key dates or key dates which are scarce. Report this Post to the Staff
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