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I'm New! Help Me Value My Collection.. (Mostly Proof Sets)

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TrippingBillie's Avatar
United States
5 Posts
 Posted 01/14/2013  11:48 am Show Profile   Bookmark this topic Add TrippingBillie to your friends list Get a Link to this Message Number of Subscribers
Hello all.. I recently inherited a large coin collection from my grandfather. I've decided to keep what I've figured to be just over 10oz of silver coins and sell what is left. Now I've gone about as far as I think my research will take me with regards to valuing the collection. I was close to pulling the trigger and walking into a shop with the number I've come up with, but decided I should look to find a helpful internet community first.. so hopefully this is the place. What I am looking for is a realistic price I could expect in both cash and/or trade for silver bullion at a reputable brick-and-mortar shop. Please keep in mind that this is my first experience in selling coins and I am 21 (ie, I assume I look like an easy target for someone to try and get maximum value out of).

Here's the list.. (if there's a better way to format this please let me know and I'll adjust it immediately)

US Special Mint Sets
1965, 66, 67

US Mint Proof Sets
1969(x5)
1970(x2), 71(x2), 72(x4), 73(x4), 74(x3), 75(x4), 76(x6), 77(x3), 78(x3), 79(x4)
1980(x6), 81(x2), 82(x4), 83, 84(x2), 85(x3), 86(x2)
1990, 92, 93(x4), 94(x4), 95(x5), 96(x5), 98(x2)
2000(x4)

US Mint Uncirculated Sets
1969
1972(x5), 73(x5), 76
1981, 87, 89
1996(x4)
2000(x5)

Bicentennial First Day Issue Commemorative Medals
1972, 73(x3), 74(x3), 75, 76(x3)
All in original envelope with stamps


There's a dozen or so other bicentennial medals but everything I've found is that their value is minimal at best, so that is everything I'm looking for a value on.. but if anyone wants to confirm my count of 10oz of silver in this collection please do..
Brown Ike(x4)
Blue Ike(x4)
Proof Sets 1961, 62, 63, 64
Silver Proof Sets 1992, 95(x2), 98
US Mint Prestige Set 1990(x2)
1976 3-piece Silver Mint Set
Ben Franklin Firefighters Silver Medal (1oz)
1975 Lexington/Concord Silver Commemorative Medal


Thanks in advance for any help at all that anyone can offer.. even if it is just tips on what to expect when I walk in the door.

Edit: Feel free to move this thread to a different spot if it does not belong here!
Edited by TrippingBillie
01/14/2013 4:02 pm
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Windchild's Avatar
Canada
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 Posted 01/14/2013  11:51 am  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
to CCF!
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United States
3184 Posts
 Posted 01/14/2013  11:54 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
welcome, proof sets aren't worth much sadly unless their are errors or no S coins in their.
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TrippingBillie's Avatar
United States
5 Posts
 Posted 01/14/2013  11:58 am  Show Profile   Bookmark this reply Add TrippingBillie to your friends list Get a Link to this Reply
Ahh yes.. good point. I should point out that I did not find any type-II sets or any other irregularities.. as best as I can tell anyways. Again, this is my first experience with coins.
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allranger's Avatar
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1391 Posts
 Posted 01/14/2013  12:46 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
Some of the bicentennial metals they produced where made from sterling silver. They look like proof silver coins. The non silver ones are brass colored.
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basebal21's Avatar
13014 Posts
 Posted 01/14/2013  3:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
http://www.numismedia.com/fmv/price...prices.shtml

That should let you ballpark them better
Edited by basebal21
01/14/2013 3:58 pm
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TrippingBillie's Avatar
United States
5 Posts
 Posted 01/14/2013  4:00 pm  Show Profile   Bookmark this reply Add TrippingBillie to your friends list Get a Link to this Reply
Good catch on the silver bicentennial coins.. I do in fact have one from 1975. Am I right in assuming this holds no value other than its melt value?

Exactly what I was looking for, basebal. Thank you!
Edited by TrippingBillie
01/14/2013 4:01 pm
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Fatman's Avatar
United States
362 Posts
 Posted 01/14/2013  5:56 pm  Show Profile   Bookmark this reply Add Fatman to your friends list Get a Link to this Reply
to CCF

For the values of what you have try http://numismedia.com/fmv/fmv.shtml

After you do that then subtract anywhere from 4 - 10% at a coin shop and that should be close of what to expect. Or if you have time you can sell the pieces on ebay one at a time for maximum cash flow. As far as what silver to keep stay with englehart or something like that, and other serial numbered pieces. Bullion coins like the ASE (american silver eagles) as they have value in addition to or above bullion prices. With all of that said I encourage you to continue the collection and keep it because down the road you're going to kick yourself in the backside for getting rid of it. Good Luck Dude!
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Buddy's Avatar
United States
7075 Posts
 Posted 01/14/2013  6:09 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


with Fatman.

If you are at all interested in collecting you might want to keep them all for awhile.

Take some time to learn about grading, pick out the best of the best, and then sell the rest. Flawless or near-flawless coins can be worth a lot. If you sell them without really examining them with a loupe you will never know what you might have had.

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muddler's Avatar
United States
7187 Posts
 Posted 01/14/2013  6:19 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Of what you have listed the only coins that should command a premium above the silver value would be the 1995 s silver proof sets.

If any of your early proof sets 64-61 show coins of exceptional eye appeal such as a "cameo" look they may have some additional premium to the silver value.

If any of your Ike dollars, brown box or blue envelope are dated 1973 or 1974 they would also show a premium over silver value.

As you had listed silver at the end of your post remember that the Kennedy half dollars from 1965 to 1970 are a 40% silver.

Some of the clad (non silver sets) you may not even be able to sell to a coin shop such as the 1971 and 1972 proof sets.
Edited by muddler
01/14/2013 6:26 pm
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stud722's Avatar
United States
1088 Posts
 Posted 01/14/2013  6:50 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
to CCF! That is a nice start to a collection.
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upstate's Avatar
United States
3278 Posts
 Posted 01/14/2013  7:38 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Check the 1970 proof sets for small date Lincolns.
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TrippingBillie's Avatar
United States
5 Posts
 Posted 01/14/2013  8:07 pm  Show Profile   Bookmark this reply Add TrippingBillie to your friends list Get a Link to this Reply
Wow.. thank you all very much. Kind of overwhelmed by all of this to be honest, but I'm working to absorb everything I can.

I am definitely interested in keeping at least part of this collection. I am not interested in collecting for the sake of collecting, but I am extremely interested in collecting as an investment. When I first tried to figure out what I had, I realized I had a decent amount of silver, did some research, and now I've decided that silver is a really good investment for me at this moment. On the flip side, with very limited research I didn't think much of the proof sets as far as future value is concerned. So my plan was to sell everything but the silver, then purchase more physical silver. (I pulled most of the weights for my silver from http://www. (124) Not Allowed - Auto-Removed .com/proofsets/ ... if these are not correct please point me in the right direction!)

So I guess my question becomes, future value of my collection vs its current value in silver? Keeping in mind that I plan on slowly accumulating phsyical silver (be it coins, bars, rounds) as my income allows.

If any of what I'm saying is totally ridiculous or makes no sense please correct me.. I'm extremely interested in learning! This actually might be the start of something addicting.. I've already sorted through all my change looking for silver.. I even separated my all pre-1982 pennies, which I feel has to be close to the bottom of the spectrum for coin addicts lol.
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The Silver Searcher's Avatar
United States
1388 Posts
 Posted 01/14/2013  8:27 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply


If you decide you still want to sell, wait until you have a couple hundred more posts and sell them here!
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GR58's Avatar
United States
11951 Posts
 Posted 01/15/2013  3:27 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
In the first group of coins, from the1965 SMS set to the bicentennial
Medals. I think a coin shop would give you around $245 to $250
Hard for me to imagine getting more than $275.

Most coin shops do not pay much for common proof sets

FYI The half dollars in the 65 to 70 sets are 40% silver
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Earle42's Avatar
United States
10034 Posts
 Posted 01/15/2013  5:51 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
You have come to a logical conclusion concerning silver. Long term investment is a good idea. Yes, silver prices go up and down, but overall they hold their value as compared to the economy. I know when I was a kid, a gallon of gas would cost you somewhere around a quarter or so. A silver quarter, at present is over 5.00 in value.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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