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 Replies: 11 / Views: 1,146 |
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New Member
United States
22 Posts |
I have been coin collecting my whole life along with my father. Last year, he passed away and left me his coin collection. His collection consisted of many rolls of wheat cents (100), 20 rolls of Merc dimes, a dozen rolls of Morgan and Peace dollar and many proof and print sets. So where would you start? I did a once through to quickly inventory (at a high level) the majority of the coins. I was quite suprised at the approximate value of everything. Now, it's time to delve deeper into the collection (all of those rolls). Wish me luck. I will post coins of interest. Already started with a 1928 Peace dollar, but it had some environmental issues. Brian |
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Pillar of the Community
United States
3253 Posts |
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Rest in Peace
United States
7075 Posts |
 I'm sorry for your loss. I think it is wonderful that you shared a common interest and I am glad that his collection will be appreciated. It sounds like you're off to a good start already. A good inventory is helpful. If you're wondering what to do next...? Make sure that the coins are safe and dry. After that, it's up to you where to start. I think I'd be really curious about the coins in the rolls. Is it a complete set? Any key dates? I hope you have hours of fun going through it all. |
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Valued Member
United States
417 Posts |
Welcome to the forum. Sorry to hear about your dad. He is smiling right now cause he knows how much enjoyment you you get from looking through the coins and the memories they will bring back.
Looking forward to to pics.
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Valued Member
United States
69 Posts |
First of all, sorry to hear about your dad. If you are wondering where to go next, I think it would be a good idea to go through the Red Book and see what coins appeal to you, or maybe you can build upon the coins you have been left. You will probably have a lot of fun searching through all those rolls, wow |
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Bedrock of the Community
United States
20753 Posts |
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Bedrock of the Community
Australia
21786 Posts |
spotsychess: Welcome to the CCF!
Your dad lives on, through what is now your collection.
That will continue, as long as you maintain the collection as a growing living thing.
Perhaps that will still continue at the end of your own life, when you hand the collection on to an interested family member.
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Pillar of the Community
United States
3755 Posts |
First . Second, let me add my condolences. My father is still alive, but not by a lot. He can no longer collect so mom already gave me his collection. So I know how you feel and what those coins likely mean to you. As mentioned, catalog them. If nothing else just get a list of type, year and mm. You can go back and grade them out later. Once you have that list, then compare it to Red Book or Coin Worlds values to get an idea of which ones hold the most value monetarily. That will give a starting point for grading them. At that point you can decide how to keep them. Dansco album, air tights, slabs, air tight albums, 2x2s or what have you. Any high value coins can be sent of to ANACS for grading. Thats pretty much how I have been going about it. |
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New Member
 United States
22 Posts |
Thank you all for your kind words. I will keep you in tune with my discoveries. What my Dad lacked in coin quality, he sure made up for it with quantity. I am sure there will be many hidden gems in his collection that only he knows.
Brian
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Pillar of the Community
United States
2295 Posts |
Sorry to hear about your Dad and After you did the main review, I would search through the rolls. Look at the mintmarks for repunched ones and look over the letters for doubled dies. Roll searching for those is a little time consuming, but it is also a lot of fun. Especially when you find an error or variety. |
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Valued Member
United States
105 Posts |
Welcome Sorry for the loss, My parents passed on long ago but I keep them around by thinking of them often. For all: that their parents are still around, remember to spend time with them, they will go before you. As for you collection, 2nd generation coins are neat and something to cherish. If you ever sell them, they can't be replaced, the coin, date and MM can be repurchased but the memories can't. These are something your Dad enjoyed and were a part of his life. Just keep a good inventory and a note how you got them, you may buy doubles of the coin, but side by side they may look the same but are and will always be really different. To anyone else they are just some old coins. Enjoy them and pass them on to make them a 3rd generation set, if you can. A good friend of mine even went so far as to have junk Morgan dollars slabed at PCGS, very common dates and net graded VF or XF, I could not believe someone would send those in, but he told me his story and it made complete sense to me. But these were from his mother that she had received from her mother, 3rd generation coins. So he just wanted to have them slabed and protected forever. He only has four and he plans to keep them and pass them on to his kids. Hope this will make those coins something special forever. Bob |
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Pillar of the Community
United States
1054 Posts |
My condolences to you and your family. If it were me, I would pick up a 7x or 10x magnifier, like a Hastings triplet glass, and check for some varieties and errors. You might find some nice rare stuff in the Merc rolls. It will be a nice project that will go for a few days or so.
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Replies: 11 / Views: 1,146 |
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Posted 03/07/2012 7:11 pm
