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Greetings To All - Need Pricing Information On A Collection

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Valued Member
buggs's Avatar
United States
158 Posts
 Posted 07/31/2011  8:18 pm  Show Profile   Bookmark this reply Add buggs to your friends list Get a Link to this Reply
Hey newyorkmike,
Your sitiuation is very similar to mine. Listen to these guys here. They really helped me out. I got over 5 estimates and felt I was not being treated fairly due to my ignorence. I want a buyer to make a profit because that is how the world goes round. But dont want to be raped neither. I decided to throw some coins up on ebay and now after all the fees from ebay, paypal and shipping. I feel I have lost money more than ever. Listen to what they have to say here. I will try another way just to be fair for the buyer and myself.
Bedrock of the Community
merclover's Avatar
United States
10635 Posts
 Posted 07/31/2011  8:48 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
I too thought it said Peace, lol.

The very first item says "Face Value Coinage"... what the heck does that mean? Non-silver coins they are giving "face value" for? Gee, what a deal! I have this vision of $142.29 in US Large Cents and out that they are giving you "face value" for them!

Mike, I hear you when you say you don't want to go through very single penny, but you don't want to bury your head in the sand either or you wouldn't be here asking our advice. We have nothing to gain by telling you the truth as we see it... this "deal" is not in your or your family's best interest. There are several honourable coin dealers out there, but this doesn't appear to be one of them. IMO, you need to find someone who will work as a trusted agent who will work getting maximum value for your father's collection for a fair commission percentage.

Good luck to you. You did the right thing by coming here.
Les
Pillar of the Community
smokeriderdon's Avatar
United States
3755 Posts
 Posted 08/03/2011  12:41 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
When they say face value coinage they ARE speaking of silver. It is also referred to as junk silver. A dealer will give you x amount times the face value based on the melt value of silver and wether its a 90% or 40%.
Bedrock of the Community
merclover's Avatar
United States
10635 Posts
 Posted 08/03/2011  01:34 am  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
Newyorkmike... you still around, or is this a hit and run?

Les
Bedrock of the Community
United States
20753 Posts
 Posted 08/03/2011  10:52 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Not sure if your in a massive hurry but I suggest you go to a coin store and purchase a thing called The Red Book on coins by Whitman Publishing. The prices are a bit inflated but would give you a really good approximate idea of what you have. Then once you know what you have, it would be easier to accept an offer from someone.
In many instances a dealer or anyone will offer you practically nothing if they suspect you have no idea of what you have.
Or you could just sit down and make an extensive list of everything as best you can and stick around this forum until you get enough posts to start selling them all off.
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