Silver Proofs - My Father Left Me - Coin Community Forum

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Author	Replies: 9 / Views: 1,795
Sogze7 New Member United States 1 Posts	Posted 05/22/2012 7:43 pm I'm new to this so bare with me. Let me know If I need to be on another board - sry if this isn't the right one. My father purchased silver proofs from the USM years ago and I don't know the value of them. I've done some research and I've familiarized myself with the grading system and I see the diff between PF69 and PF70 is significant. Knowing that these have never been out of the case much less the original boxes they came in how should I go about having them valued? The coins have been kept in the original boxes all with COA's stored in a downstairs basement closet where its always been cool and dry. (Just saying that I don't believe they have been improperly stored) The Silver Proofs are as follows: Qty 10 1995 Special Olympic World Games Silver Dollars 5 per box: Mint: P, 90% Silver 10% Copper. Qty 10 1990 US Eisenhower Centennial Silver Dollars 5 per box: Mint: P, 90% Silver 10% Copper. Qty 1 1983 Olympic Silver Dollar Mint: S, 90% Silver 10% Copper This one is a medal from the Franklin Mint so don't know how or if you can value these. Qty 5 1985 Inaugural Medal Second Inauguration of Reagan & Bush .999 Fine Silver Any assistance would be greatly appreciated. I could include pics but just wanted to obtain some feedback for now. Thank you! Sogze7 Report this Post to the Staff

muddler Pillar of the Community United States 7187 Posts	Posted 05/23/2012 02:51 am All the dollars are common and unless you are lucky enough to have a few grade out as Proof 70 they are worth a little over melt value. I would not try to have them graded as the cost would eliminate any value you would have if you were to sell the original mint coins on ebay. Report this Post to the Staff
SteveCaruso Pillar of the Community United States 1796 Posts	Posted 05/23/2012 03:00 am First, welcome to the forum! The 1995s, 1990s, 1983s are going to go for $30-35 a piece at most if you're lucky (so at the high end, ~$600-$700). The least they can be worth is around $430 (right now) as that's how much silver is in them, and the price of silver is moving all over the place so that number will change. My guess is that you're looking at about $500-ish. The inaugural medals would be simply worth their weight in silver, unless you managed to sell them to a Franklin Mint collector for a premium. I don't know how much they weigh so I wouldn't be able to calculate it. Hope this helps a bit! Edited by SteveCaruso 05/23/2012 03:02 am Report this Post to the Staff
Sogze7 New Member United States 1 Posts	Posted 05/23/2012 12:48 pm If I were to sell them would it be better to sell them as a collection or individually. Like on ebay. Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 05/23/2012 3:31 pm to the Community! I moved your welcome post to the 'US Commemoratives' forum for the proper attention. 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
basebal21 Bedrock of the Community 13014 Posts	Posted 05/23/2012 5:33 pm Quote: If I were to sell them would it be better to sell them as a collection or individually. Like on ebay. Theres really no way to tell with ebay. Sometimes individual coins get a price higher than they should and sometimes collections do. Sometimes the reverse is true. If you really want top dollar and are willing to sit on them for a while you could always over list them with a BIN listing and hope 1 person says yes and retry at a more reasonable price later if they dont. Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12255 Posts	Posted 05/23/2012 6:45 pm I would definitely try to sell the FM inaugural medals individually via ebay vs. taking them to a local dealer. There are dedicated inaugural medal collectors out there and you are likely to get your best price via the large/national/international collector audience that ebay attracts. I took a quick look, and a 38mm silver one recently sold online for $70 which is about double the melt value. In terms of the potential for the proof silver commemoratives, the prices quoted above are accurate, and the coins are plentiful on ebay so you'll face strong competition if you try to sell there. You might try going to the next local coin show and looking around for a dealer that is selling modern commemoratives -- he/she would likely offer you the most for your bulk lot. Be advised, however, that a dealer will likely offer you less than typical ebay average selling prices because he/she needs to make a profit when the coins are resold. Hope that helps! Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/23/2012 7:09 pm Quote: Be advised, however, that a dealer will likely offer you less than typical ebay average selling prices because he/she needs to make a profit when the coins are resold. On the plus side you wont get hit with shipping charges or ebay seller fees. If you do have access to a coin shop or show I would definitely get a quote before putting them up on ebay Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 05/24/2012 11:07 am Quote: If you do have access to a coin shop or show I would definitely get a quote before putting them up on ebay I agree. Take your time and leave no option unexplored. 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
Sogze7 New Member United States 1 Posts	Posted 05/24/2012 7:59 pm Thank you all for the replies. I really appreciate all the advice. Report this Post to the Staff
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