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 Replies: 17 / Views: 4,670 |
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New Member
United States
18 Posts |
He was an avid collector. Born 1921. He has most of the Whitman booklets; assembled 1930's to 1960's. His "Lincoln Head Penny 1909-1940" booklet is missing 1909 SVDB, 1909 S, 1911 S, 1915 S, 1921 S, 1931 S, 1936 S. His "Washington Head Quarter Dollar 1932-1958 is missing 1932 D, 1932 S, 1937 S. He has all the other booklets of nickels, dimes, etc. He never bought the rare coins; just went through bags of coins to fill the booklets. He has rolls of 1935-1960 quarters and halves. All circulated. Not rare or BU. I have started visiting coin shops and jewelry stores. It looks like they will be re-selling them for silver value (not the pennies). I wanted to find a precious metals dealer to directly sell the rolls of quarters, but none were in Phoenix. AZ area. I will later consider Craigslist and ebay but wonder if someone has a better idea? I collected coins myself in the 1960's so I know a little about the subject. |
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Valued Member
United States
289 Posts |
You should either complete the collection or sell the coins singly
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Pillar of the Community
United States
508 Posts |
Perhaps sell the rolls of quarters and halves, silver has been surging in price over the past half year. Or hold out for a little while in hopes the price will continue to climb. I say hold onto the folders and work on completing em if you still enjoy coin collecting. You could even try selling here once you hit 250 posts. Best of luck to you.
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Rest in Peace
United States
1729 Posts |
Don't sell too quickly and certainly not before researching varieties and which coins are worth more than melt value, don't clean or polish ANY of the coins, and consider what the other posters suggested - complete some or all of the groups in memory of your dad. And -  You've come to the right place for advice. |
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New Member
 United States
18 Posts |
Thanks. I won't clean any coins. I am 62 years old and won't be completing the sets. The other siblings want their money (they are patient but everything must be sold). I know the values thanks to this website and Google.
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Pillar of the Community
United States
651 Posts |
Consider a coin show or a coin club in your area. Finish your father's collection.
Shows in your area according to coinshows.com:
Spring. Phoenix. Arizona Coin Expo.
Summer. Prescott. 37th Annual Prescott Coin Show.
. . . LIST YOUR COIN SHOW ON THIS WEBPAGE NOW!
Fall. Tucson. Tucson International Coin Show.
Fall. Scottsdale. Scottsdale Coin and Stamp Expo.
Do your homework first before selling.
Since your collection lacks the key dates and are circulated, you've basically got 90% silver.
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Valued Member
United States
293 Posts |
If there are complete rolls of silver (as you said), it would probably be easiest to get the most value for the collection to just post it on ebay. You can do it by the roll...just a quick photo and some info about what it is will likely yield good results with the current popularity and price of silver. You could also do multiple rolls of silver in 1 auction...people are hording it and will likely pay a good price. Of course, with ebay you're going to get hit with the fees, but you're going to get dealers taking a cut if you sell them at a coin shop or show as well, so it's really just a matter of how you want to deal with it and where you feel most comfortable (and will get the most money) selling. |
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Pillar of the Community
United States
2651 Posts |
Alot of time pawn shops buy silver but you would probably get more if you sold them on ebay. People are buying and selling them above silver prices. |
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Valued Member
United States
52 Posts |
I have to agree. ebay is doing well right now. I have been getting as much as $5 over spot per ounce in my ebay store in recent weeks. With today's prices, that is a nice chunk of change (no pun intended) for your silver. Even the near-complete collections can do well on ebay with good pictures and 7 day no reserve auctions. There are solid buyers out there right now. |
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Pillar of the Community
United States
2049 Posts |
ebay will gross the most for you but ebay and Paypal fees will take a chunk out of your sale. Plus be extra careful of bad buyers who may make a false claim of not receiving your items. In other words, if selling on ebay or online for that matter, make sure to ship and pack properly, including getting something that will let you prove that delivery was made.
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Valued Member
United States
287 Posts |
I agree with CoinHunter. Get proof of delivery by signature. Anything else is considered invalid by paypal. Some jerk in LA ripped me off $700 last year when he claimed he didn't get the gold I sent him. Delivery confirmation said he got it, but no signature. Luckily I insured the coins. The postman never got a signature so I was able to get my cash back because anything insured over $250 requires a signature. I got lucky. I didn't know that. But it took 4 months for the whole process to occur.
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Pillar of the Community
United States
1080 Posts |
Use those rolls of quarters and halves to find the buyers you trust. Their value is stuck right at silver melt value right now. Take a few rolls here and there, see who offers you good prices, see who you like, see who you think is being fair. Take that person the rest and see what they say.
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Valued Member
United States
313 Posts |
I would look for coin club's in your area you should be able to get spot or a little over spot -no fees-and cash any thing you have that is more collectible will get you more find out who the Pres. is of the club and tell him that you are settling the estate of you Dad we have done that at some of the club's I belong to.
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Pillar of the Community
United States
1231 Posts |
There are many precious metals dealers in Phoenix. A quick google search of "phoenix az precious metals" brought up a list of them.
One called Coin gallery even list the price they will pay on their website
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Pillar of the Community
United States
3592 Posts |
coop is from Phoenix...he should be able to refer a good honest dealer
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Pillar of the Community
United States
759 Posts |
surf, Sorry about your father. It's been 3 months since I went through that chapter of my life and I feel for you. Two questions: What's your time frame for conversion to cash? What amount of effort are you willing to go though to maximize proceeds (let's say dump at the first dealer is a 1, list each separately on ebay as a 10)? Honestly, this may be one of those situations where absolutely maximizing selling prices is secondary to accomplishing the task and moving on. You probably have a duty to your father and family to not let them go for a song, but there is a tremendous amount of work associated with getting that last 10-20%. If you're certain there's nothing special about the 90% silver, call 5 or 6 places to see what they are paying, pick the highest and that part is done. For the non-silver, take to a dealer (especially if coop can recommend one) and take their offer. Consider keeping anything dated 1921 yourself. Alternatively, if the pennies and nickels are worth just $100-$200, you may want to consider gifting to a Young Numismatist club or a young collector if that's something you think dad may have looked fondly upon and the siblings agree. If you're willing to put more work into it, ebay is the way to go, but the workload and headaches could be substantial. I certainly don't have all the facts or know the personalities involved to go farther in my input, but rest assured, between the field work you've done and inquiring here, be confident that you've done exactly what you should be doing and have done it well. Best of luck to you. |
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Replies: 17 / Views: 4,670 |
Posted 04/24/2011 1:02 pm
