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 Replies: 31 / Views: 3,737 |
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Valued Member
Canada
453 Posts |
@Lost............ Good advice from upstate! After I had inherited coins from my father, I was too eager to sell the silver. My lack of patience and knowledge cost me a bundle. Take your time. Enjoy the coins. Learn as you go. You might want to put some of the nicest ones in 2x2's or flips to protect them (if they aren't already). Have fun! |
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Pillar of the Community
United States
2224 Posts |
 to CCF! You have a major, but very enviable, task ahead of you. For example, just from your half dollar list, you show an 1897-S. This is a key date and worth over $100, even in the lowest of grades. Take extra good care of that one! |
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Pillar of the Community
Canada
1723 Posts |
First of all Now as for your collection....The way you are sorting them and listing and taking inventory is the way to go. Once you have them sorted, then you can start looking for the important dates in each category via google, other websites that are suggested and for sure from the knowledge of the members here on CCF. This way you can take out those dates and then what you have left you know is worth the silver content at least. Just slowly pluck away at it. The patience will make you the most money. Don't burden yourself but try and see the dollar signs as you move each coin.  I would also suggest that once you have taken out rare, scarce, key date and semi key date coins.... that you keep the older ones and look up their values as well if you are looking to maximize profits. By the time you go through a good portion of that you will probably have enough posts here to sell the remaining junk silver to A CCF member to add to their stack. People are always looking for junk silver and particular dated coins for their albums. This is assuming you would like to sell. Oh and I agree and hope you take upstates advice.... its bang on. Edited by samsnate
12/27/2012 7:22 pm
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Valued Member
United States
109 Posts |
I started on this board because I also came into my families coins and had no clue what I was doing. I am FAR from an expert (and what you have sounds like it is FAR more valuable than what I inherited) but you can learn what you are doing. Might I suggest: 1. Divide into types (dollars/halves/quarters/etc.). 2. Organize into years 3. Find a coin price guide online - google "coin price guide" and some will pop up. 4. If you find you have some that seem to have more value, take some pictures and post on here - members can give you an idea of grade which will help you estimate value. 5. NEVER clean, polish, or put any chemical of any kind on the coins. 6. If you have some of value place in some kind of holder to preserve the coin. Good luck to you. |
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Valued Member
United States
416 Posts |
I would love to sort 120 lbs of silver coins...good luck and heed all the advice given so far
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Pillar of the Community
United States
1388 Posts |
 with the above. Take it slow, and don't rush into anything. |
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Pillar of the Community
United States
3789 Posts |
Welcome to the community!
I just wanted to say this a great community here, just look at how many useful suggestions have come in!
keep up the good work guys
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Pillar of the Community
United States
3486 Posts |
Welcome, lost,
I would like to see a photo of the 1897-S Half.
That one is worth pulling out for study.
We members enjoy helping a person with your "happy problem!"
My specialty is the coins of that era. Other members are knowledgeable in other series.
But yes, the 1928 Dollar, without an "S", also deserves special study.
Are you feeling any less overwhelmed yet?
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Moderator
 United States
189111 Posts |
Quote:
Take it slow, and don't rush into anything. Wise advice.  |
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New Member
 United States
4 Posts |
Thanks everyone for your help. I've been reading here, researching online & ebay, and am slightly less overwhelmed. Once I find that camera charger I'll be back with lots of pics and requests for help. Thanks ever so much, I feel that with your support I can muddle through most of this. Oh - and for those of you with large collections... leave instructions for your next of kin as to value and people they can trust! :-) |
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Pillar of the Community
Mexico
1304 Posts |
lostincyberspacesendhelp is right with his last comment. Just a scrap of paper with some basic information would really help the relatives. Maybe a note that you have an excel spreadsheet with all the info already on it? Just some ideas folks. |
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Valued Member
United States
239 Posts |
Very good advice @Lost....
Does anybody else have the guide book from Heritage(can't remember the name) that discusses the importance of leaving your collection with some kind of information in your will so that your family doesn't go and melt or trade in coins. It tells stories of instances where kids were left their parents inheritence and one son sold his immediately to a pawn shop for $2000 and the other went through the proper channels and sold his equal half for $75000.
Any clue to the name of the book? Whatever the name, lost... you are going the right direction
The Collectors Handbook is the title!!
Edited by BisonMatt
12/28/2012 4:59 pm
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Pillar of the Community
United States
3486 Posts |
Lost, The following link will take you to our grading section for the halves: http://www.barbercoins.org/Grading-BH.htmlHere are four examples from the topic: AG - Almost Good   Good   VG - Very Good   Fine  Another source for grading these halves is: http://blog.davidlawrence.com/index...r-2-grading/Both of these resources are less well known than those often posted here. I have more suggestions, but I agree that you should take it slowly and enjoy your education. Baby steps at first. |
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Bedrock of the Community
United States
17884 Posts |
depending on the condition the 1884-S dollar could also be an important coin.
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New Member
Portugal
8 Posts |
Be very cautious in dealing with coin dealers. There are many sad tales of collections being "cherry picked" by unscrupulous dealers who snap up the gems and leave the shrapnel.
Shop around. Get multiple offers.
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Replies: 31 / Views: 3,737 |
First Page
Posted 12/27/2012 5:29 pm
