Coin Community Family of Web Sites
Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer Shop for APMEX Bullion on eBay!Coin, Banknote and Medal Collectors's Online Mall Shop CCF Members on eBay! 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

What To Do With Inherited Coins

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 18 / Views: 3,871Next Topic Page 2 of 2
New Member
United States
1 Posts
 Posted 04/27/2013  5:16 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list
Thank you
Jonescurrency
Pillar of the Community
United States
3151 Posts
 Posted 04/27/2013  5:16 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list
a Peace dollar has an eagle sitting on tails side of coin. Morgan has an eagle with its wings spread out. If all your silver coins are in average circulated condition than they will be basically bullion values. At current silver prices the pre 64 dimes are worth about 1.85 or 1.90. The quarters are woth a little bit less than $5 each. The fifty cent peaces pre 64 are worth just under $10. Some of your post 64 halves might be 40% silver and worth between 4 and 5 dollars. The silver dollars sell all the time on e-bay for between $25 and $30 apiece. You can look up retail values at numismedia or PCGS websites. Also if you type how to grade Morgans or Peace dollars in a search engine you can get some pictures of coins in different grades to compare to your coins. Hope this helps. Jerry
Rest in Peace
United States
7075 Posts
 Posted 04/27/2013  5:19 pm  Show Profile   Bookmark this reply Add Buddy to your friends list


You need a reference source. Most of us start with a book or two but you can start on this site (for free). To the left of the post column you will find a list -- go click on US Coin Facts. From there you will just have to select what coin you are looking up. You will find photos of the Morgan dollar and the Peace dollar when you click on those links.

It is going to be quite a bit of work but the value of the coins is dependent upon their condition.

Just in case you don't know: DO NOT CLEAN THE COINS because that will greatly devalue them.

If you are looking to sell the coins, you can post photos here, ask for opinions on the grade (condition) of the coin and then net search for values (try Numismedia Fair Market Value). If you take your time you will be able to sell the coins at the best price. If you are in a hurry I am sure that some coin dealer somewhere will make you a reasonable offer.

I am sorry for you loss. I hope that consider keeping some of your mother-in-law's collection in your family. Coins make nice keepsakes and they don't take up a lot of room.
New Member
United States
1 Posts
 Posted 04/27/2013  5:41 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list
Jerry and Buddy

Thank you so much for taking the time to provide me with you very informative posts. My Mother in law will be missed. She had significant pain from various medical conditions. She decided she could no longer live with the pain.
Jonescurrency
New Member
United States
1 Posts
 Posted 04/27/2013  5:46 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list
The 1921 dollar coin has an eagle on the back with it's wings open.

Thanks for the tip on not cleaning the coins.

Jonescurrency
Edited by Jonescurrency
04/27/2013 6:05 pm
Pillar of the Community
United States
3843 Posts
 Posted 04/28/2013  01:42 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list
Probably more sentimental value than collectible value here but your pre-1964 dimes, quarters, and dollars are 90% silver and thus worth at least 22x face. The Morgan silver dollars will carry a premium and are worth at least $25 each even in the poorest of conditions.

Numismedia is a good site to start with although those are retail values and dealers or people with the intent to resell would offer less than full retail prices.

to the forum!
Edited by Joe2007
04/28/2013 01:45 am
New Member
United States
1 Posts
 Posted 04/28/2013  4:27 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list
Joe2007

Thank you so much for your assistance.

Jonescurrency
Pillar of the Community
United States
1795 Posts
 Posted 04/28/2013  11:13 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list
First of all sorry about your mother. Now about the coins condition is the most important thing in determining value of your coins. By the way use cotton gloves to handle your coins or at least hold them on the edge if you don't have gloves. Do some research on this site as suggested. No real value with the Susan B's except for a nice start on a complete set. Some of the eisenhowers are probably silver as well as all the quarters through 64. Your collection of Bi-Centenial quarters unless silver are not worth that much. The two dollar bill is probably worth a few dollars depending upon condition. As far as the Kennedy halves not much unless silver but again a start on starting a complete collection. The Ben Franklin is silver and at worst worth at least melt value. All of the dimes up till 1964 are silver and again at worst worth melt value. But condition is what makes em worth money. All of your dollar coins are silver and condition makes em worth more. Good Luck in whatever you decide to do.
Moderator
Learn More...
United States
187446 Posts
 Posted 04/29/2013  2:29 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
to the Community!

I moved your welcome post to the 'US Modern Coins' forum for the proper attention.
New Member
United States
1 Posts
 Posted 04/29/2013  2:48 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list
Thank you BadToTheBone and jbuck for your assistance and information. I appreciate it.
Jonescurrency
Rest in Peace
United States
7075 Posts
 Posted 04/29/2013  10:11 pm  Show Profile   Bookmark this reply Add Buddy to your friends list
with Joe2007 that Numismedia is just good for a starting point. It will just give you a fairly decent idea about the range of value.

The coins that are only worth face value, such as the bicentennial quarters, are perhaps the very coins that could make nice keepsakes simply because they belonged to your mother-in-law, especially if there are children in your family that might want something that belonged to Grandma. It will be special to them for that reason alone.

By the way, if you do all the work to learn about the coins, you will be in danger of becoming one of us.

My husband and I only started to get serious about collecting after inheriting my father-in-law's stuff which included a few metal boxes with coins. I haven't even looked through most of them because I get all weepy.
Bedrock of the Community
United States
19930 Posts
 Posted 04/29/2013  10:46 pm  Show Profile   Bookmark this reply Add BadThad to your friends list
Welcome to CC!

Sorry for your loss. Your collection is not particularly valuable. It probably has more sentimental value to somebody it the family. I say pass it on to a child.
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Pillar of the Community
United States
1511 Posts
 Posted 04/29/2013  11:45 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list
I'm very sorry to hear about your loss. And welcome to the community! There's not much else to be said regarding value. As mentioned condition (grade) is a huge factor and could mean the difference between melt value (silver value) or pretty big bucks depending on the coin, mint, condition, eye appeal etc...

If you have access to a decent camera I for one would love to see pics of your Morgan dollars (Morgan's were minted from 1878-1904 & again in 1921) as there my favorite coin to collect. And after reviewing your list they seem to be the ones with potential to be worth the most, again depending on grade/condition. So again, if you have the time and its at all possible try to post one or two coins per post, once a day, week or whatever works best for you. With both obverse (face side) and reverse (eagle) pics in the best quality you can and we can give you a pretty accurate grade and value.

When I was quite young (mid 80's) my gram and gramps did alot of world traveling and when they came back I would always sit down with grandpa and he would tell me about the country and give me coins.. Often just common, recent dated coins he got back in change while traveling... I thought it was the BEST! He would always give me wheat pennies too and my mother would get a few half dollars for me every time she went to the bank.

Anyways, my gramps passed in 1992 when I was in second grade, so the world coins stopped.. And in 5th grade our house was robbed so I lost the hundreds and hundreds of halfs I had accumulated from my mom. I never really had an interest in coins after my grandfather passed, to me the halfs were just .50 cents, I had no idea about silver, varieties etc.. The only interest in coins I had was what I could buy, lol.

So long story short, 6 years ago my gram passed, 3 years ago now my father passed and last year my mom gave me my gramps and fathers collection.. I never even knew my dad collected coins. And wow.. It relit a spark inside of me that me gramps had started so long ago now and every time I look at the coins that were theirs I get a feeling of still being with them, like I'm continuing what they left and just hope above hope that they'd be proud of me..

I know this isn't exactly the same situation your in, but alot of people start collecting from collections left to them from family members, obviously it's totally up to you on what you choose to do with your coins, but as mentioned after doing some research on them and spending a little time with them you may just become addicted... Uuh, I mean a collector.

On a side note.. I'm not sure how old you are or if you have kids but this collection could be a great way to teach them many things: history, numbers, money, value, metals and of course your coins have the added bonus of them being dear to your mother in law, so family history and about their grandma. Even if your not into coins your kids may be someday, and it'd mean alot more to them to inherit grandmas coins than start from scratch. It'd be pretty cool for a grade school kid to bring in a Morgan dollar from the late 1800's! He/she'd be the hit of the class!!

Good luck, and again welcome and I'd love to see some of your coins if you get a chance!
Pillar of the Community
United States
2764 Posts
 Posted 04/30/2013  3:26 pm  Show Profile   Bookmark this reply Add SA4H to your friends list
Welcome to CCF, Jonescurrency.

I'm sorry to hear your loss. Many great comments/suggestions already posted. My other suggestion is not to try to sell these coins in a hurry. Beside sentimental value and other reason; financially, it's not a good time to sell these because the bulk of the value are in silver content of these coins (assuming they are all circulated condition)..... If you are to walk into any shop, I am pretty sure you will not get an offer of more than $250 for the whole thing. My rough estimate on the value of the whole thing at less than $350 (melt/silver value of all the silver coins is around $300) - this is based on the assumption that these are circulated, common date coins. Take your time to learn about the coin and enjoy her collection. At $250 (or even $350), you can spend w/in a day at Disneyland but then you will have nothing to hold on to your mother in law memories.

Apple Valley is not that far from Orange County & LA, we have quite a few CCF members in the SoCal.....and I'm sure some of us would be more than willing to help you out in get a better evaluation of the coins as well as appropriate recommendation for the collection. I can help you but I live in Orange County.

I don't know about other coins show for the Inland Empire (beside Ontario Convention Coin Show). On May 12 (Sunday), there will be a small coin show in Anaheim (freeway 91 and 57) and then June 6-8, there will be a big coin show in Long Beach (LB Convention). You should at least try to attend the Long Beach Coin Show if you have an even slight interests in coin collecting.

Take care & I hope you will over come your loss as well as find the best approach to resolve your (good to have) problem.

Valued Member
United States
325 Posts
 Posted 05/05/2013  10:29 am  Show Profile   Bookmark this reply Add joecoin85 to your friends list
JonesCurrency,

The dimes from 46 to 64 are worth about 3 dollars each. They're silver, which is at about 23 dollars as of this post.
Page 2 of 2   Previous TopicReplies: 18 / Views: 3,871Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.38 seconds to rattle this change. Forums