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All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

Advice For Selling A Coin Collection?

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Author	Replies: 64 / Views: 7,138	Page: of 5

mah5259 New Member United States 27 Posts	Posted 01/29/2013 2:39 pm Good point ghostrider! I'm currently going through the collection now and creating excel spreadsheets with all the coins. Trying to get an estimate on the value of the collection. Then I will have a tough decision to make. Report this Post to the Staff
NathanASE Pillar of the Community United States 1511 Posts	Posted 01/29/2013 5:59 pm Could you possibly post pics of the Morgan's? When just the whole pages so we can see what dates are there.. Some of those are big big $ too... Wow.. He had an amazing collection!! Report this Post to the Staff
tpg22 Pillar of the Community United States 919 Posts	Posted 01/29/2013 6:07 pm If you inherited the collection you will want to set up the cost basis at the time you received it from the estate. That value is what you base any gains off of. Chances are it has gone up little in the time you have owned it (unless you received it years ago). Report this Post to the Staff
mah5259 New Member United States 27 Posts	Posted 01/30/2013 11:13 am Quote: Could you possibly post pics of the Morgan's? When just the whole pages so we can see what dates are there.. Some of those are big big $ too... Wow.. He had an amazing collection!! Nathan I can give pictures if you would like them but here is a general list of the coins in the Morgan collection. Coin Year Condition Ave. Selling Price Notes Morgan Dollar 1878-S Fine $24.00 Binder Morgan Dollar 1879 Fine $24.00 Binder Morgan Dollar 1879 Good $24.00 Case Morgan Dollar 1879 Good $24.00 Case Morgan Dollar 1879 Fine $24.00 Case Morgan Dollar 1879-O Fine $24.00 Binder Morgan Dollar 1879-S Fine $24.00 Binder Morgan Dollar 1880 Fine $24.00 Binder Morgan Dollar 1880 Fine $24.00 Case Morgan Dollar 1880-O Fine $24.00 Binder Morgan Dollar 1880-S Fine $24.00 Binder Morgan Dollar 1881 Good $24.00 Binder Morgan Dollar 1881-O Fine $24.00 Case Morgan Dollar 1881-O Fine $24.00 Binder Morgan Dollar 1881-S Fine $24.00 Binder Morgan Dollar 1882 Fine $24.00 Binder Morgan Dollar 1882 Fine $24.00 Case Morgan Dollar 1882-O Fine $24.00 Binder Morgan Dollar 1883-O Fine $24.00 Binder Morgan Dollar 1883-O Fine $24.00 Case Morgan Dollar 1883-S Good $26.00 Binder Morgan Dollar 1884-O Fine $24.00 Binder Morgan Dollar 1884-S Good $27.00 Binder Morgan Dollar 1885 Fine $24.00 Binder Morgan Dollar 1885 Fine $24.00 Case Morgan Dollar 1885-S Good $29.00 Binder Morgan Dollar 1886 Good $24.00 Case Morgan Dollar 1886 Fine $24.00 Binder Morgan Dollar 1886 Fine $24.00 Case Morgan Dollar 1886-O Fine $24.00 Binder Morgan Dollar 1887 Good $24.00 Case Morgan Dollar 1887-O Fine $24.00 Binder Morgan Dollar 1887-O Good $24.00 Case Morgan Dollar 1888-O Good $24.00 Binder Morgan Dollar 1889 Good $27.00 Binder Morgan Dollar 1889 Good $27.00 Case Morgan Dollar 1889 Good $27.00 Case Morgan Dollar 1889 Good $27.00 Case Morgan Dollar 1889-S Good $34.00 Binder Morgan Dollar 1890 Fine $24.00 Binder Morgan Dollar 1890-O Good $27.00 Binder Morgan Dollar 1890-S Fine $24.00 Binder Morgan Dollar 1891-O Fine $23.00 Binder Morgan Dollar 1891-S Fine $24.00 Binder Morgan Dollar 1892 Good $26.00 Case Morgan Dollar 1892-CC Good $170.00 Binder Morgan Dollar 1896-S Good $60.00 Binder Morgan Dollar 1897-S Good $25.00 Binder Morgan Dollar 1898 Good $24.00 Binder Morgan Dollar 1898-S Good $26.00 Binder Morgan Dollar 1899-S Good $28.00 Binder Morgan Dollar 1900 Fine $24.00 Binder Morgan Dollar 1900-O Fine $24.00 Binder Morgan Dollar 1900-O Good $24.00 Case Morgan Dollar 1900-O Good $24.00 Case Morgan Dollar 1901-O Good $24.00 Case Morgan Dollar 1901-O Fine $24.00 Binder Morgan Dollar 1902 Good $24.00 Binder Morgan Dollar 1902-O Good $24.00 Binder Morgan Dollar 1903 Good $25.00 Case Morgan Dollar 1904 Good $26.00 Binder Morgan Dollar 1921-S Good $24.00 Case Morgan Dollar 1921-S Good $24.00 Binder *********Side note, I never had experience with grading coins. All the coins I listed as "Good" are in Fine-Great condition. I just listed them as "Good" to get an overall average price of the lowest amount****** Report this Post to the Staff
BigAppleBucky Valued Member United States 396 Posts	Posted 01/30/2013 5:56 pm I had always been a collector, but my collection efforts were nearly completely dormant until my mother gave me my grandfather's collection a couple of years ago. I've been very active ever since. Report this Post to the Staff
NathanASE Pillar of the Community United States 1511 Posts	Posted 01/30/2013 10:52 pm Wow, that's quite the list of Morgan's! Ya, that's fine, you don't need to take pics, I was more curious about which dates/mint marks. Again wow! If you don't mind me asking where did you find your average selling prices? They seem very low to me.. People have a hard time finding scrap common date Morgan's for under $27-30... Honestly we'd need pics but if those are halfway decent in condition I'd say that the common ones would fetch $35-$40 (again depending on condition)... But seriously, even if there in horrid condition you should be able to get a few dollars over melt, personally I wouldn't dream of selling a single one that you listed for under $27-$30 in scrap condition... And again depending on condition more... If you get some extra time and can post pics we can help with grade and value.. But I understand that's alot with the amount you have.. You should check out PCGS's photograde online to get an idea of grade, and then numismedia.com for an idea on values (they tend to be a little high.. But very close..) or check completed ebay listings to see what they've been selling for. Report this Post to the Staff
Broseph Pillar of the Community United States 979 Posts	Posted 01/31/2013 12:05 am You know, it seems like you have a decent chunk of repeats is that collection. I would see where the overlap is and if you are going to sell, maybe just start with the doubles Sell of the ones that are more beat up, keep the nice ones. Of course, you will want to research varieties. Some variations may have been discovered in recent years. Also, a tip on pics. I find putting up pictures to be quite a chore. Videos can be much easier. Depending on the camera, maybe not the same quality as a photo, but it would be a rough estimate on grade to help the fact that you have a large quantity to go though. You could also fit the entire inventory into the video and people can point out highlights. Report this Post to the Staff
DomCal New Member United States 1 Posts	Posted 02/01/2013 7:32 pm Holy Cow!! I would keep that COLLECTION. That said, I am sorry for your loss Report this Post to the Staff
matthewvincent Pillar of the Community United States 3486 Posts	Posted 02/01/2013 8:26 pm mah5259, IF time is not an issue, take it slowly and listen to the members. If they confuse you, SAY SO! We are a vocal bunch! Is there any other heir? If not, you are free to take it as slowly as you wish. If so, that changes things. Lastly, remember that there is a difference between a collection and an accumulation. Coins tossed is a cigar box are an accumulation, whereas coins in an album are a collection. Organization is the big difference. That 1937-D three-legged nickle? Nice! The hoof is a key to it being genuine and the hoof is clear as crystal! A keeper in memory of your grandfather. My opinion. All of the modern proof and mint sets? Not so much. As a favor to me, what year was your grandfather born? This provides me with a clue as to what he might have gathered. (What some people consider an "old" coin, I consider contemporary! I spent them!) Lastly, WE CARE! Edited by matthewvincent 02/01/2013 8:28 pm Report this Post to the Staff
matthewvincent Pillar of the Community United States 3486 Posts	Posted 02/01/2013 8:51 pm Concrete advice: Separate the proof/mint sets into two groups: 1964 and before. [Coins are in cellophane - plain manila envelopes] 1965 and after. [Packaging grows bulkier over the years] If there is a 1970 in there, STOP! Post a picture. Just a beginning. Anyone agree with me? Let's give mah5259 some concrete direction! IMO, to divide previous and post 1964 is a logical starting point. Report this Post to the Staff
mah5259 New Member United States 27 Posts	Posted 02/14/2013 3:02 pm UPDATE: I've been going through the coins and logging as much information I can regarding the coin and condition. I came across this piece of paper in the collection which I believe lists some of the error coins in the collection? I don't understand the significance of the 1987 P and D Half Dollars. Report this Post to the Staff
Doug58s Pillar of the Community United States 899 Posts	Posted 02/14/2013 3:52 pm I don't believe the halves were circulated that year. Report this Post to the Staff
Doug58s Pillar of the Community United States 899 Posts	Posted 02/14/2013 3:56 pm mah5259 - that is quite the collection of coins. Is the error list just a list of error coins, or is it a list of coins in the collection as well? Honestly, you should have the coins appraised by someone who kno .s and you trust, because it appears your grandfather had quite a penchant for collecting them. Report this Post to the Staff
jbuck Moderator United States 189340 Posts	Posted 02/14/2013 5:29 pm The 1987-P and 1987-D Half Dollars were only available in the annual mint sets. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Broseph Pillar of the Community United States 979 Posts	Posted 02/14/2013 6:32 pm You might even see if there is someone from this forum near you. I once bumped into a fellow metal detectorist and found out we were on the same forum! This forum is much larger and there is bound to be someone experienced that can spend a saturday helping you get organized, if you think it would help. Report this Post to the Staff
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