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Some Coins From Grandpa. Worth More Than Melt?

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Pillar of the Community
United States
2424 Posts
 Posted 05/09/2010  11:51 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list
wow longrunner..

post them up here.. you will definitely get more here than a dealer
Valued Member
United States
462 Posts
 Posted 05/10/2010  12:49 am  Show Profile   Bookmark this reply Add Pinenut to your friends list
Can't find if this has been mentioned already, but make NO attempt to clean any of the coins. Hold them by the edges only. And don't let them bash around in some box together. They don't appear to be in any kind of protective holder. Given some of the estimates you've received on the value of the American coinage, it may be worth going to a coin shop and purchasing the appropriate holders for the sizes of your coins. They should be fairly cheap. You would hate to detract from their value.

Pillar of the Community
United States
2424 Posts
 Posted 05/10/2010  01:34 am  Show Profile   Bookmark this reply Add SDcoinguy to your friends list
any of your coins have a "cc" on the back under the eagle?
Bedrock of the Community
United States
14454 Posts
 Posted 05/10/2010  09:02 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list

Quote:
have lots of Morgan dollars ( a wide variety of dates) lots of piece dollars

You need to post a clear picture of the Obverse and Reverse of each of these coins because the Morgan and Peace dollar series has whats called a VAM which can make 1 worn out coin that looks like a cull be worth thousands. A VAM is a die marriage between the Obverse and Reverse die and each of these types of coins has many thousands of VAM's associated with them. Some do not add value but some could make you rich very quickly and you could sell that one coin and keep the rest. This isn't a common occurrence but it can happen but there are some that will make a normal looking coin that would be worth 20 bucks worth a couple hundred just because of the specific VAM it is
Bedrock of the Community
United States
10284 Posts
 Posted 05/10/2010  09:59 am  Show Profile   Bookmark this reply Add TNG to your friends list
DONT CLEAN THEM or try to make them look any better!
Pillar of the Community
United States
1415 Posts
 Posted 05/10/2010  10:16 am  Show Profile   Bookmark this reply Add wwhitman to your friends list
to CCF
Sorry to hear about your Grandpa.
Your scans are okay in most cases.
The scanner tends to omit the 'luster' of a coin and make it appear flat. If you hold a coin in the sun light and rotate, you will see what I mean. The Morgan you posted would be a good candidate for that. Compare to your scan.
You also should get ahold of a 'photograde'ing book. That will help you evaluate your coins.
You have to determine your requirements before you start selling. A hasty sell might not be to your best advantage.

Keep those pics coming.
New Member
United States
10 Posts
 Posted 05/10/2010  11:27 am  Show Profile   Bookmark this reply Add Longgunner to your friends list
I am touching them with the white glove that was in the box :)
I still am not clear on the VAM thing but will post all of my Morgan and Peace $ here eventually.
I also found a few half dollars with liberty standing but they appear to be more worn than
the Morgans etc.
I am not cleaning anything.

I will try to take some pics outside today with camera. Some of the coins like the
quarter have colds on them. Very light but pretty. Blue color mostly. Is this something which adds to a coin or detracts?

Thank you all
New Member
United States
10 Posts
 Posted 05/10/2010  11:31 am  Show Profile   Bookmark this reply Add Longgunner to your friends list
One other thing, my wife went to the book store and she saw several red colored coin books! Which is the one I want?

Thanks
Pillar of the Community
United States
4846 Posts
 Posted 05/10/2010  11:35 am  Show Profile   Bookmark this reply Add Adam_E to your friends list
it says a guide book to United States coins and than a date, the latest book is the best. so either 2010 or 2011

and it should say Red Book on it too.
Pillar of the Community
United States
763 Posts
 Posted 05/10/2010  11:44 am  Show Profile   Bookmark this reply Add nolawyer to your friends list
As far as toning, a lot of collectors will pay a premium for attractive toning. Others don't like toning at all.

Also, just because a coin is worn doesn't mean it is not valuable. My most valuable coin in my collection is also one of the most worn coins in my collection. It depends how rare the coin is.
Pillar of the Community
United States
1415 Posts
 Posted 05/10/2010  3:55 pm  Show Profile   Bookmark this reply Add wwhitman to your friends list
Note that the ' Red Book' is the retail value.
Also you mentioned that you also have foreign coins. Are they from all over or maybe Canada?
There is a whole series for that. Depending upon how many you have. Just post them on the 'Foreign' section, they can be identified there.

Waiting pics
Bedrock of the Community
United States
14454 Posts
 Posted 05/10/2010  7:43 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
the RedBook looks like this but the newest edition is 2011
Some-Coins-From-Grandpa.-Worth-More-Than-Melt??
New Member
United States
10 Posts
 Posted 05/18/2010  08:24 am  Show Profile   Bookmark this reply Add Longgunner to your friends list
Thanks to everyone! I will be posting more pictures later today. I think I will start with the Morgan and Peace dollars and then the Walkers (is that the correct terminology for Walking halves?).

I will then go into the other denominations. I have found lots of dimes as well.

Thanks again.
Pillar of the Community
United States
870 Posts
 Posted 05/19/2010  6:03 pm  Show Profile   Bookmark this reply Add delaner to your friends list
btw, longgunner - I just got my 2011 Red Book from CollecTons for under $4! I don't know much about them, but I was pretty happy with my order fulfillment. =)

Oh, and I'm a bit surprised it wasn't mentioned before:
http://www.pcgs.com/Photograde/

Best of luck!
Edited by delaner
05/19/2010 6:04 pm
Valued Member
United States
424 Posts
 Posted 05/19/2010  6:37 pm  Show Profile   Bookmark this reply Add Funny Money to your friends list
I agree with SD. quick check for the ol "CC" would increase the value for a lot of coins.
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