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Newbie In Need Of Guidance

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Valued Member
Senex's Avatar
291 Posts
 Posted 09/06/2012  09:09 am  Show Profile   Bookmark this reply Add Senex to your friends list Get a Link to this Reply

First you need to get some type of price guide to determine if you have anything of value. Either the Red Book or its companion the Blue Book will let you know if you have any scarce or rare dates.
A good place to check the value of "junk" silver is (124) Not Allowed - Auto-Removed .com
Take pictures of yours coins and sell them on ebay.
There's a ready market for junk silver there and even with ebay fees, you will get more than a dealer will offer.
Good luck!
Edited by Senex
09/06/2012 09:10 am
Bedrock of the Community
United States
20753 Posts
 Posted 09/06/2012  10:07 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Thank you all for the advice. My next dilemma is do I need to buy 2x2 cards to place all of the coins in that are not in albums? Right now there are some in the 2x2 3-ring sheets, however they are not in 2x2 cards but just sitting in the pockets and taped closed. In some cases there are coins rubbing each other (which can't be good). Also, what about tubes, what are they used for, complete rolls of the same year coins, or do you mix and match years, etc?

All of the above is really depending on what your future motives are for those coins. For now to purchase additional 2x2 flips for coins that may be worth less than the price of the 2x2, makes no CENTS. And if any of those coins are worth a minimum of a few dollars, then those should be in at least a 2x2 flip. No coins should be rubbing each other. Scratches will devalue a coin. As to what is put into those plastic tubes, it is up to the individual. Some do put entire rolls of the same, other just put extra coins in them, etc. And too, when you say Albums, do you mean Albums or Folders. An Album is sort of like a book that you turn the pages and see both sides of the coins. A Folder is sort of just that, a Folder and you can not see the reverse of the coins. For some better explanations try searching the web with places like Wizard Coin Supply or go to the Whitman Publishing Web site and request a free catalog.
You really should know what you have before you decide what to do with them. You don't want to start spending money on something you would not get any back in case of a sale.
New Member
United States
4 Posts
 Posted 09/06/2012  10:20 am  Show Profile   Bookmark this reply Add bkr4Jesus to your friends list Get a Link to this Reply
Thanks Carl, that's just what I needed to know. The coins are in books (which I guess would be folders and not albums). I will get my Red Book today and start checking for values to determine what should be protected and how and the rest can go in tubes.
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