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The Art Of The Deal

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matthewvincent's Avatar
United States
3486 Posts
 Posted 05/21/2013  4:57 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
grancap74,

Do you have a smelter in your area? If so they would be a good choice. Dealers will save up a month's
worth of junk silver coins, take them to a smelter, and still make a profit.
If not, then you may have to use your local dealer.
I would suggest that you make up a want list and let dealers know that you would trade your "rejects,"
possibly with a little cash on the side.
It does not sound like your grandfather was a collector. Or am I wrong? Those stories should be written down
to go along with the coins that you are saving. My father and Great Aunt were collectors so I had it worse.
Then you can add your own stories. Something like:
"When I saw this coin I fell in love with it, so I traded x amount of the ugly coins for it."

In my case I have no one to pass on stories to. I write for the Barber Coin Collectors' Society.
I got made a contributing editor! And when I have something important or amusing to say
I write here on the CCF.

A sample of my work:

https://goccf.com/t/149312

Please feel at liberty to ask me any other questions that you may have.

Matthew
Valued Member
grancap74's Avatar
United States
289 Posts
 Posted 05/21/2013  6:17 pm  Show Profile   Bookmark this reply Add grancap74 to your friends list Get a Link to this Reply
Matthew, I am aware of the "smelter" which the LCS uses. I have thought about that before but I figured that they would go for more on ebay. I've bought but not sold on ebay as of now. I will contact them just to see what they would buy them at since I really can't get anywhere with the LCS. They have treated me well on what I have purchased, but it is on items that have been brought in and I buy immediately so he doesn't have to place in inventory. I have found out he sells on ebay although he was very cryptic on his username and would not tell me.
I love the Barber series and will begin working on those once others are more completed. I am willing to start selling some of the rolls he left me as we are keeping many other coins. I have not really gone through all of those which I will start on tonight, sure my wife will be happy with that..., she always is so ecstatic when I lay them out in the living room.
As to his collecting, I don't believe he was the type of collector who went for high grade coins, just what he took out of the machines he was working on. The bulk were Washington quarters, Roosevelt dimes and Jefferson nickels although there were coins from many different series and eras as well.
I read your post before which was truly fascinating and one that I've saved to show others. I would like to write on what he actually left me as his story is interesting since he was fairly famous running alcohol during prohibition. My LCS was a little surprised when I started bringing the old bank bags in prior to my learning more about coins, because of reading and learning on CCF. There were 8 bags that weighed around 40 lbs a piece. I only went through 2 bags with him as I started learning more. Honestly I was unsure about someone knowing EVERYTHING I had.
Some of the highlights were '32s, 32d Washington quarters and 1916d Mercury dimes. But of course none were MS grades and only a few are AU. He knew which coins to collect but for whatever reason never worked on trading or purchasing higher grades, which is how I started in collecting before understanding the true value was to obtain the highest grade that you can, coins that "speak" to you.
I was writing today on another post, he worked on Wurlitzer jukeboxes and Gottlieb pinball machines which is where the coins came from. Luckily he also saved all of his bank rolls of coins that were never opened, dimes, nickels and cents. I've always laughed at some of the absurdities on ebay about unsearched rolls, when I'm here looking at truly unsearched rolls that came from his bank.
What you wrote on your other post has inspired me to want to share what I know and what I remember on him which I will do soon. His collection he left was very vast and going through the bags have really been one of the highlights of my life. I feel like a kid at school as I've been going through them. If it is all right, I will email you on the Barber coins so I just don't tie up this post on that subject.
Your post previously is information on history that makes CCF so great for me, of course I love the coins but learning of all the history associated with them is a entirely new area.
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Joe2007's Avatar
United States
3843 Posts
 Posted 05/21/2013  6:41 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Amazing story grancap74! Thanks for sharing. I'm pretty much a 1st generation collector in my family although my grandfather has a small collection of silver coinage that he inherited from his father. So I'm trying to make up for lost time and assemble a collection that I can pass on someday in the very distant future. Numismatics is a great hobby that can span generations.
Valued Member
grancap74's Avatar
United States
289 Posts
 Posted 05/21/2013  9:38 pm  Show Profile   Bookmark this reply Add grancap74 to your friends list Get a Link to this Reply
Joe, I have had so much fun and truly enjoying building my sets. Going through all the coins, I find dates of my father, mother and many others birth years. There is not any manner of collecting that I can think of that could have this meaning, at least to me. You write about how it spans the generations and that is the exact point and another reason so many get completely immersed in it. I too feel like I wasted 20 or so years not building the sets because I was always "too busy" working on other things. I always think, "what could I have collected the past 20 years". Well, I'm at it now like we all are on here and to see what collections different members have put together make me that more determined to build the best sets I am capable and then hand them down to my next generation of collectors.
Keep enjoying it....
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 05/28/2013  8:29 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Matthewvincent that is a very nice coin.Now I really want one. Unless I get something on ebay; I will be waiting for the Coin Show in Baltimore in June. I hope I will find one there.
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