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What To Do With Inherited Coins

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New Member

United States
1 Posts
 Posted 04/27/2013  4:17 pm Show Profile   Bookmark this topic Add Jonescurrency to your friends list Get a Link to this Message Number of Subscribers
I live in Apple Valley, CA and my mother in law recently died. She left the family coin collection. We do not know what to do with it. I finished inventorying it today. Is there someone locally that I can contact who will honestly tell us what it is and if it is of any value. The inventory is as follows:Currency, Coin Inventory

One U.S. two dollar bill series 1976, E14098364A

U.S. one dollar Coins, Eisenhower (7 coins)
1971, 1971, 1972, 1974, 1974, 1977, 1977

Seattle Space Age Worlds Fair 1962, Seattle Century 21 Exhibition Coin

1967 Jim Kelley's Lucky Buck Nugget-Reno & Lake Tahoe at Crystal Bay

John Kennedy half dollar pieces (9 coins)
1776-1976, 1776-1976, 1971, 1971, 1971, 1972, 1977, 1984, 1984.

Benjamin Franklin half dollar Piece 1958

Susan B. Anthony 1979 Complete set
One Susan B. Anthony one-dollar coin 1980

U. S. 25 Cent Piece collection of 50 coins 1776-1976 (George Washington on one side and continental drummer on the other side of the coin for each coin)

U. S. One-dollar coins (10 coins): 1884, 1889, 1887, 1888, 1899, 1903, 1921, 1922, 1922, and 1971.

U.S. 25 cent pieces, 14 coins: 1942, 1943, 1951, 1957, 1963, 1961, 1964, 1964, 1964, 1964, 1964, 1964, 1964, and 1964.

One Canadian 10 cent piece 1952

One Indian head Nichol with no date visible on it.

Sears New Century coin celebrating Sears 1186-1986

One Indian Head Penney, 1907

U.S. dimes collection of 47 coins: 1946, 1948, 1948, 1950, 1954, 1953, 1956, 1957, 1957, 1958, 1958, 1958, 1958, 1959, 1960, 1960, 1960, 1961, 1961, 1962, 1962, 1962, 1963, 1963, 1963, 1963, 1963, 1963, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1964, 1967.



Jonescurrency
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dave700x's Avatar
United States
10625 Posts
 Posted 04/27/2013  4:33 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
On the dollars dated up to 1903, look for the mint mark on the reverse just under the center of the bow. Also is the 1921 a Morgan or Peace dollar? Morgan type is 1884 and Peace type is 1922.
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United States
1 Posts
 Posted 04/27/2013  4:55 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list Get a Link to this Reply
I looked on the backs of the dollars dated up to 1903. The 18888 and 1899 had a small o at the bottom of the bow on the reverse side of the coin. I am sorry, I do not know what a Morgan is and can not tell if the 1921 is a Morgan. It has a ladies head on the front and reads pluribus Unum. Thanks for your response.
jonescurrency
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sel_69l's Avatar
Australia
21786 Posts
 Posted 04/27/2013  5:13 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Jonescurrency: to the CCF!

The best thing to do is to 'get into her head' and continue the legacy.
It is obvious that you have spent some time and care appreciating what the collection is about.
The next step is to consider if, and then how the collection is to be further developed.

There are legions of folks here in the CCF that are able to share your newly acquired interest, and develop ideas with you.
New Member
United States
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 Posted 04/27/2013  5:16 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list Get a Link to this Reply
Thank you
Jonescurrency
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United States
3151 Posts
 Posted 04/27/2013  5:16 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
a Peace dollar has an eagle sitting on tails side of coin. Morgan has an eagle with its wings spread out. If all your silver coins are in average circulated condition than they will be basically bullion values. At current silver prices the pre 64 dimes are worth about 1.85 or 1.90. The quarters are woth a little bit less than $5 each. The fifty cent peaces pre 64 are worth just under $10. Some of your post 64 halves might be 40% silver and worth between 4 and 5 dollars. The silver dollars sell all the time on e-bay for between $25 and $30 apiece. You can look up retail values at numismedia or PCGS websites. Also if you type how to grade Morgans or Peace dollars in a search engine you can get some pictures of coins in different grades to compare to your coins. Hope this helps. Jerry
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Buddy's Avatar
United States
7075 Posts
 Posted 04/27/2013  5:19 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


You need a reference source. Most of us start with a book or two but you can start on this site (for free). To the left of the post column you will find a list -- go click on US Coin Facts. From there you will just have to select what coin you are looking up. You will find photos of the Morgan dollar and the Peace dollar when you click on those links.

It is going to be quite a bit of work but the value of the coins is dependent upon their condition.

Just in case you don't know: DO NOT CLEAN THE COINS because that will greatly devalue them.

If you are looking to sell the coins, you can post photos here, ask for opinions on the grade (condition) of the coin and then net search for values (try Numismedia Fair Market Value). If you take your time you will be able to sell the coins at the best price. If you are in a hurry I am sure that some coin dealer somewhere will make you a reasonable offer.

I am sorry for you loss. I hope that consider keeping some of your mother-in-law's collection in your family. Coins make nice keepsakes and they don't take up a lot of room.
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United States
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 Posted 04/27/2013  5:41 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list Get a Link to this Reply
Jerry and Buddy

Thank you so much for taking the time to provide me with you very informative posts. My Mother in law will be missed. She had significant pain from various medical conditions. She decided she could no longer live with the pain.
Jonescurrency
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United States
1 Posts
 Posted 04/27/2013  5:46 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list Get a Link to this Reply
The 1921 dollar coin has an eagle on the back with it's wings open.

Thanks for the tip on not cleaning the coins.

Jonescurrency
Edited by Jonescurrency
04/27/2013 6:05 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 04/28/2013  01:42 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Probably more sentimental value than collectible value here but your pre-1964 dimes, quarters, and dollars are 90% silver and thus worth at least 22x face. The Morgan silver dollars will carry a premium and are worth at least $25 each even in the poorest of conditions.

Numismedia is a good site to start with although those are retail values and dealers or people with the intent to resell would offer less than full retail prices.

to the forum!
Edited by Joe2007
04/28/2013 01:45 am
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United States
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 Posted 04/28/2013  4:27 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list Get a Link to this Reply
Joe2007

Thank you so much for your assistance.

Jonescurrency
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 04/28/2013  11:13 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
First of all sorry about your mother. Now about the coins condition is the most important thing in determining value of your coins. By the way use cotton gloves to handle your coins or at least hold them on the edge if you don't have gloves. Do some research on this site as suggested. No real value with the Susan B's except for a nice start on a complete set. Some of the eisenhowers are probably silver as well as all the quarters through 64. Your collection of Bi-Centenial quarters unless silver are not worth that much. The two dollar bill is probably worth a few dollars depending upon condition. As far as the Kennedy halves not much unless silver but again a start on starting a complete collection. The Ben Franklin is silver and at worst worth at least melt value. All of the dimes up till 1964 are silver and again at worst worth melt value. But condition is what makes em worth money. All of your dollar coins are silver and condition makes em worth more. Good Luck in whatever you decide to do.
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jbuck's Avatar
United States
187702 Posts
 Posted 04/29/2013  2:29 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

I moved your welcome post to the 'US Modern Coins' forum for the proper attention.
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United States
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 Posted 04/29/2013  2:48 pm  Show Profile   Bookmark this reply Add Jonescurrency to your friends list Get a Link to this Reply
Thank you BadToTheBone and jbuck for your assistance and information. I appreciate it.
Jonescurrency
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Buddy's Avatar
United States
7075 Posts
 Posted 04/29/2013  10:11 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
with Joe2007 that Numismedia is just good for a starting point. It will just give you a fairly decent idea about the range of value.

The coins that are only worth face value, such as the bicentennial quarters, are perhaps the very coins that could make nice keepsakes simply because they belonged to your mother-in-law, especially if there are children in your family that might want something that belonged to Grandma. It will be special to them for that reason alone.

By the way, if you do all the work to learn about the coins, you will be in danger of becoming one of us.

My husband and I only started to get serious about collecting after inheriting my father-in-law's stuff which included a few metal boxes with coins. I haven't even looked through most of them because I get all weepy.
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BadThad's Avatar
United States
19931 Posts
 Posted 04/29/2013  10:46 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Welcome to CC!

Sorry for your loss. Your collection is not particularly valuable. It probably has more sentimental value to somebody it the family. I say pass it on to a child.
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