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 Replies: 16 / Views: 2,340 |
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New Member
United States
3 Posts |
I am not a collector and really have no interest in starting. However, I do have a number of Peace dollars ranging from 1923-1925, and a few Morgan dollars ranging from 1888-1921. I am curious as to the best way to determine value and then possibly selling to get the best return. Any takers? |
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Pillar of the Community
United States
3453 Posts |
 to CCF. Posting pictures here is a good way to start. I would consider one coin (multiple images) per thread for the best response. |
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Pillar of the Community
United States
8904 Posts |
to the Forum!! Quote:
I am curious as to the best way to determine value and then possibly selling to get the best return. Quote:
Posting pictures here is a good way to start.  Pictures are great! I'm sure there are people on this Forum that can help you! (It's what we live for!!)   Edited by Moe145
11/27/2012 11:57 pm
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Pillar of the Community
United States
1195 Posts |
If your coins are authentic (they could be counterfeit) your absolute baseline retail value is their bullion value. Your coins have about .77 troy ounces pure silver in them. kitco.com shows the price of pure silver per troy ounce (at posting $34.10). You have about $26-27 per coin. The fine experts here can tell you, providing you post or link to good and sharp pictures of both sides of your coins, if your coins are authentic and, if so, worth more because of condition, mint mark, or something else. Edited by argentum
11/28/2012 10:54 am
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Moderator
 United States
56855 Posts |
to CCF bensley7, There are a couple different values here. The bullion value and the collector value.The bullion value is the silver content,around $30.Collector value depends on the date,condition,errors,VAM's.Photos would be very helpful.As for "any takers",if you mean buyers you have to have at least 250 posts to sell here on the CCF.Stick around for awhile and the post add up quickly.Enjoy the hobby and have fun. John1  |
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Pillar of the Community
United States
3486 Posts |
bensley7, You need a little guidance to get started. 1) Forget the Peace dollars and any 1921 Morgans for now. Very common dates. 2) Try to post pictures of the remaining. Both Obverse and Reverse. That's a fancy way of saying "Heads" or "Tails!" Within this range of dates perhaps there is one which is special. We can tell you if so. Perhaps you could list the individual dates for us. If "mint Mark" means nothing to you, do not worry. We will explain where to look for it. 3) You will get lots of opinions. Take us for who we are: people who wish everyone well in the world of coins. If we cannot convince you to become a collector, we CAN stir you in good directions for selling them. Good luck. Matthew |
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Pillar of the Community
United States
3453 Posts |
Quote: Forget the Peace dollars and any 1921 Morgans for now. True, but I personally would like to see them after the others have been posted.  |
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Bedrock of the Community
United States
14454 Posts |
the things to determine value of coins is first condition and that's the first thing to look at that can not be done with a description or list. The next thing is date and mint mark and this can be done with a list or description but would fall back to the first area to get a correct value, some dates/mm are worth more than others in certain conditions. A picture of the coins could cover both of these things at once and that is why everyone is asking for pictures so they can give you a value
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Pillar of the Community
United States
3486 Posts |
Exactly, CoinsKelly. We should concentrate on the area of possible potential first, and then move on. Look, we have a total novice with us. We must assume that he/she does not know a VAM from Spam. Heck, I do not know what a VAM is! But dates are easy. Then move on to Mint Marks. And THEN move on to varieties, errors and the like. One step, then another. A list of individual dates is the next logical step. Yes, one coin per thread, worded in this way: "Help with an 1890 Silver Dollar" (Example) That will get the greatest response. It is my way of teaching and others will disagree with me. One of the (very few) problems within this Community is that the members do not tailor their responses to the ability of the new person. No doubt I am guilty of doing that as well. The base line of bullion value, given by argentum and John1, was the logical place to start. It may remain as such or maybe there will be something special. We simply do not know at this point. |
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New Member
 United States
3 Posts |
Well I have certsinly NEVER received such helpful and inviting responses to any post on any other forum I have joinrd. THANK YOU for your interest. I will try to start posting some pics this evening,taking into consideration all of the advice thus far.
I am not sure when counterfeiting of these coins began, but I would be surprised if these were, as they were found in a closet of my great-grandparents house, both of whom were alive and well in the early part of the 20th century. there are around 30 coins all together, so we will see how that turns out. Once again, thank you.
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Pillar of the Community
United States
3453 Posts |
Quote:does not know a VAM from Spam  You just described my body of knowledge on these coins. Can't wait for the schoolin'.  |
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Valued Member
United States
255 Posts |
First, welcome! If these belonged to your great grandparents, you might consider saving one or a few. Even though you have no interest in becoming a collector, you may wish to pass some on to someone in your family. My grandmother had a restaurant at the turn of the century from which she saved Morgan dollars. I received 10 when I was in my teens. At that time, I was only interested in their monetary worth. Now I have many coins yet those have the most meaning to me and are certainly going to be passed on to kids, grandkids, etc. I would have deeply regretted cashing them in when I was younger. As Matthew said, you'll get lots of opinions! |
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Pillar of the Community
United States
1770 Posts |
i wouldnt forget the 1928 Peace dollar if you happen to have one |
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Pillar of the Community
United States
8904 Posts |
Quote:
I am not a collector and really have no interest in starting. Many of the collectors on this Forum have started out that way, and then the "Majesty of the Coin" grabbed a hold of them!!  |
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Pillar of the Community
United States
3486 Posts |
NEVER have I have been as proud to be a member of the CCF as I am today.
So MANY offers of help to our new friend bensley7.
And if bensley7 does not want to be a coin collector IT DOES NOT MATTER!
Our duty is to help and not to judge.
I strive to remember this.
And it does my heart good to see that you all understand this.
bensey7, it would help a lot if you would volunteer your approximate age;
To say "great-grandparents" means something very different if you are in your twenties or in your fifties.
When I refer to my Great Aunt, she was born in 1900. I am 61.
Your great-grand parents may have been born in 1940 or 1930 or 1920 or 1910.
It makes a difference. I wish that I could explain this clearer. But I cannot.
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New Member
United States
3 Posts |
"Your great-grand parents may have been born in 1940 or 1930 or 1920 or 1910."
I am 45. My great-grandparents were both born in 1902. I spent the majority of my childhood with them.
I also have a sizable stamp collection that my great-grandfather, who was a postal service employee put together for me. It contains many of the corner stamps of a page (whatever that is called) from the 60's and 70's, including the Apollo Moon landing and other interesting stamps.
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Replies: 16 / Views: 2,340 |
Posted 11/27/2012 11:56 pm
