Grandfather Passed Away And I Have His Coins

I use http://www.numismedia.com/fmv/fmv.shtml to look up values for coins I have. If you are looking for silver content value use http://www. (124) Not Allowed - Auto-Removed .com

The Eagles are worh a premium as well as the silver proof sets.

Unfortunately the rest or not worth much.

If you needed money I would say sell the Eagles and silver proof sets and put the rest back in a box and keep them as a memory of your grandfather.

Define "a lot of money" my good man.

For value based on silver content (spot price) here's a lot of what you have:
1) At mimimum, The Silver American Eagles you have (or ASEs) are worth the trading price for silver at Kitco.

2) The silver value the other cons you have that are made of silver can be determine with the folowing steps:
a. get the mass of the coin in troy ounces. If you have that in grams, divide that by 31.1.
b. multiply that by the purity of the alloy that makes up the coin to get the actual silver mass
c. multiply that by the market price of silver at Kitco

If you are getting rid of these (we hope you don't, but understand if you want/need to), a reputable coin shop should buy your ASE non-proof at spot and would sell it to someone else at a few dollars above that. They should buy the other silver from you at around 10-20% below spot and would sell it at spot.

Proof silver is worth more than spot if pristine.



These are probably face value.

The rest I frankly don't know about.

ALL of your coins should have some sentimental value for you depending on your relationship with your late grandfather.

hehe he could mean the 1860s....but I suspect he means 1960s halves.

Mojo... my advice would be to put the collection back in the closet, and pull them out on the anniversary of your grandfathers passing for the next several years. While there are several items in his collection that are worth a little money today - there are no earth shattering life changing coins. Today, you might get a small return on them - maybe even a couple of thousand dollars - 20 years from now who knows?

Sorry to read of his passing.

dg

WOW, I didn't notice that joeykoins beat me to it on the proof Lincoln Cent variety until I posted my reply below.


Possible finds for a valuable variety can be found on the 1999 Silver Proof Set, on the reverse side of the Lincoln Cent Look at the spacing at the bottom of the "AM" in AMERICA, if there is a space between them, that would be normal, if they look like they are almost touching each other, that would be a " Close AM" variety made for circulation strikes and not proof strikes.

If you unsure what to look for, post some clear close-up photos of the AM here and we can tell you instantly what you have.

Good Luck

You already have typed up the descriptions, copy each into ebay search, and click on "sold listings". This will tell you what someone has actually paid; full retail value.

If you sell on ebay, don't forget fees and the chance that the deal can go pear shaped (buyer returns, payment reversal, lost in shipping). Expect a pawn shop to give you 25% - 50% of retail, a coin shop 50% - 70% of retail. If you want to stick around here for 250 posts, you can list it here and get 90% - 110% of retail.