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 Replies: 43 / Views: 3,232 |
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Bedrock of the Community
United States
11935 Posts |
I have been working on the inventory of my collection. While doing this I set up the spreadsheet to track, Number of each type of coin, the face vale and how much silver and gold. Doing a true value of a collection would be very hard. One the prices will change, two .. to me you never know what a coin is worth until you sell it. While I am doing this I got to thinking that the minimum value my collection would have is the face value. Of course counting a 1885 CC GSA Morgan as one dollar face or even its bullion value does not show the true value, but for me it is a starting point. I think I am about 95% through counting my U.S. coins. The count so far is 31,185 coins. Some of the numbers were quite a surprise ...like 10,338 memorial Lincoln cents. I would have never guessed I have that many .. mostly BU rolls from the 60's and 70's .. that I put away with out thinking. And I have close to that number in clad Washington quarters, not sure how that happened ... but I do want more ...  It will be a few more days or weeks before I finish the count I know I still have some in boxes from my recent move and about a hundred pounds of coins in the SDB at my bank, that will need to be counted .... I am finding a lot of coins I forgot I had. I guess I am curious if others have counted their collection in a similar way. |
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Valued Member
United States
393 Posts |
Realization of the bounty that you have is an indication of how much you are enjoying the coin collection hobby. Stay healthy and enjoy the blessings you are gifted with.
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Rest in Peace
United States
1559 Posts |
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Pillar of the Community
United States
2392 Posts |
I haven't done a face value count. But I do have a spreadsheet catalog of my coins. This includes ASW of all my silver. I don't have any gold yet, but will do the same when and if I get some.
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Pillar of the Community
United States
2102 Posts |
I've got a spiral book that I've got all of my best examples of in by series, date, and grade. Everything from cents through dollars - US and Canadian coins. I know what their numismatic value is (paced by my 1955 DDO Lincoln), but I don't have any idea of their face value... I've got a big tub of copper Lincoln Memorial P&D mint cents - probably has 50,000 coins in it or so... |
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Moderator
United States
14451 Posts |
I don't have an exchange rate for all the foreign coins I have, so I am sticking to US coins only. My quick tally turned up $880 from my collection, but that may be missing some coins. Kind of sad that its only worth that much face value  |
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Bedrock of the Community
United States
11245 Posts |
Quote:My quick tally turned up $880 from my collection, but that may be missing some coins. Kind of sad that its only worth that much face value Except, the face value doesn't mean anything in a collection if you are collecting with knowledge.  There are too many variables to make this a considerable exercise.
In Memory of Crazyb0
12-26-1951 to 7-27-2020 In Memory of Tootallious
3-31-1964 to 4-15-2020 "If we continue to accumulate only power and not wisdom, we will surely destroy ourselves." -Carl Sagan
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Bedrock of the Community
Australia
17882 Posts |
Impossible to say.
I collect from all centuries, all cultures and countries, covering 2,600 years of numismatics, when an opportunistic price makes an item a good cheery pick.
Have been doing this for four decades.
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Bedrock of the Community
United States
11935 Posts |
I posted this last night after a few hours of counting ...
As Fuzzy317 posted the face value number is kind of sad ...
I think we all have a idea what our collection is worth, the face value
number in most cases is much less. For me ... even the actual silver
weight is much lower than what I think the value of my collection is.
Counting my foreign coins will also be a challenge. The Canadian coins
might not be to bad, I am thinking I only have four or five hundred dollars
worth of them. For most of my foreign coins I think counting the silver weight
will be the best I can do.
So far my face value is just over $5600.00 with 540 oz. of silver. Those
numbers will change. Doing this inventory is showing me coins I want to
get rid of. Also .. with most of my silver being in the bank boxes I am really
curious what that number will end up being.
My suggestion would be everyone with a large collection to keep a good
inventory, it might help you focus on where you want to be with your collection.
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Moderator
United States
23522 Posts |
Well, I collect Cents, so it ain't adding up quickly.  |
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Moderator
United States
94243 Posts |
So, check my math, but it looks like the face value of a full 7070 (no gold page) is $25.315. That makes mine $23.315. Do not spend that all in one place!  I only totaled my core US Dansco albums (no world coins, no miscellaneous extras, no OGP stuff) and that did not even crack $300.  |
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Bedrock of the Community
United States
20013 Posts |
Quote:
Well, I collect Cents, so it ain't adding up quickly. That makes a lot of sents. As to a total of my face value, I have no idea and wouldn't even know how to start. I had an entire album of those large Copper rounds but gave the entire thing to my Grand Daughter so that is one thing I don't have to try counting. I have a few boxes of foreign coins in flips and not even sure what many of them are so couldn't count them either. And too I've purchased some Silver Bullets so how do I count that. Then there are those sort of tokens the NRA sends me and not sure what they are either. A very long time ago someone gave me bills from different countries. How do I count their face value when I have no idea what they are. Do I count a complete collection of the Red Books? Think I'll just leave this subject to whoever inherits my collection.
just carl
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Pillar of the Community
United States
1507 Posts |
If you use CoinManage, you can pull up a current value of your collection at any time.
The collection is in your mind. Dispose of your albums and free your mind from the tyranny of holes.
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Moderator
United States
94243 Posts |
Quote:
If you use CoinManage, you can pull up a current value of your collection at any time. Value, Face Value, or both?
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Bedrock of the Community
United States
53533 Posts |
I mostly collect paper money these days, so this isn't a good comparison, but I suppose I'm well over $7 grand.
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Pillar of the Community
United States
6308 Posts |
Too many to to count for a trivial number.
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Replies: 43 / Views: 3,232 |
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Posted 01/17/2018 01:18 am
