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Bedrock of the Community
United States
19935 Posts |
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Moderator
 United States
6563 Posts |
The first thing that needs to be done is grade them. If you could have 1 good quality pic of each coin front and back we could give you our opinions on grade and an estimated value. There is a section here for that called Coin Grading Practice found here http://www.coincommunity.com/forum/...?FORUM_ID=25This is going to be no easy process. In order to get the most out of this collection it will take a lot of time and attention to detail. I forgot to add  HOLY MORGANS!! Edited by GO
06/04/2007 10:33 pm
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Pillar of the Community
United States
1984 Posts |
Just a quick note before I make any other comments: double check the dates on your Franklin half dollars. The mint switched to Kennedy's in 1964 and you have a couple of Franklin holders marked 1965. |
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Bedrock of the Community
 United States
19935 Posts |
quote:
he first thing that needs to be done is grade them. If you could have 1 good quality pic of each coin front and back we could give you our opinions on grade and an estimated value. There is a section here for that called Coin Grading Practice found here http://www.coincommunity.com/forum/..?FORUM_ID=25
This is going to be no easy process. In order to get the most out of this collection it will take a lot of time and attention to detail.
I forgot to add
HOLY MORGANS!!
Oh dear God....LOL....there's just so many coins. Individual pics front and back are going to take me a long time. I'd like to start with the most valuable coins. Can anyone give me just 3 coins to start with? I might just be selling some of these to "pair down" the collection, there's just too many, I don't want this many coins! If someone would be kind enough to tell me which ones would be good to sell...i.e. less valuable and the least likely to appreciate with time, I'd appreciate it greatly. Also, I want to add these as a rider on my insurance policy. From what I've read, you have to have them "professionally" graded so I have something to give the insurance company. Any recommendations in the Cincinnati area? |
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Bedrock of the Community
United States
19935 Posts |
quote:
Just a quick note before I make any other comments: double check the dates on your Franklin half dollars. The mint switched to Kennedy's in 1964 and you have a couple of Franklin holders marked 1965.
Those would be worth a lot, huh? LOL No, my eyes aren't what they used to be, those are indeed 1963's. Thanks! Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
19935 Posts |
OK, just want to make sure of this as I'm going through all these. Stupid noob question: When there's no mint mark it's a "P" coin, correct? Most of my Buffalos have no mint mark so I wrote P on them. |
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Moderator
United States
6563 Posts |
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Bedrock of the Community
United States
19935 Posts |
Stupid noob question 2: I have a 1952 proof set. Should I leave it in the orginal packaging? It's a little envelope with a tiny clear bag for each coin. From what I've read, these are pretty valuable. Is a set like this worth sending to PCGS? I also have a 1953 proof set in a hard plastic thingy, is it best to leave the coins in there? Is it worth sending to PCGS?
Also, are any of those other coins I have pics posted of worth getting PCGS grading done?
Thanks
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Pillar of the Community
United States
1984 Posts |
The Morgans do look great. I would recommend (and you may want a second opinion or two on this point) switching them to either new flips, air-tite type holders or a modern album. Take individual pictures of the coins outside of any holder, it helps to see the coins outside of the plastic. As you know, only touch the edges. Do NOT simply rip open the holders--remove the staples completely so that you do not suffer scratches the coins. Never hurry. Work over a soft surface, wear cotton gloves. Only hold the coins as close to your face as is absolutely necessary. I know I sound retentive, but some of your coins look to be extraordinarily well-preserved and you don't want to take any chances. The difference of a single grade point (we'll talk about grading more later) can make a HUGE difference in value. We've all dropped coins we didn't mean to, and I have a velvet lined jeweler's display box that has saved my you-know-what on several occasions.
Looks like you're doing great work! This is a very exciting thing you've got going on here!
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Moderator
United States
6563 Posts |
1952 Proof Set is Priced in RedBook at $400.a '53 is $325. I personally would leave them in there but you could break em apart and send em to PCGS and once they come back it will be worth a LOT more sold individually depending on the grade. If there are marks and dings on the coins from being in the bag then it might drop the grade down considerably. As always I recommend checking out everyone's opinions and ideas in order to formulate your own. ----------------------------------- Based on individual prices at PF-65 1952 Proof Set $430 1953 Proof Set $399 The Halfs are what cost the most $250 and $225 each. These are just pricing guides but however PCGS and other TPG companies demand a higher market and it's possible you could get more. But it costs money to do this and you might just be making the same amount as the completed set in the proof case. Edited by GO
06/04/2007 11:04 pm
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Pillar of the Community
United States
1984 Posts |
Original packaging good. Don't break out coins until and unless you really know what you're doing. Here's where I think you should start taking pictures for grading: all of the 1878 dated Morgan dollars. These are the first year of this type and you look to have several mints and varities that would generate an interesting (and valuable discussion). This means the 1878 1878-CC (Carson City mint) 1878-S (San Francisco) 1878 7/8 (tailfeathers, we'll explain). Those four should really get us started. As for selling, it doesn't look like you have much of a Peace dollar collection, so you might want to consider posting pics of the uncirculated 1924 and the (semi-key date) 1934-S. We can give you ballpark values for those pretty easily. If those are all of your Franklins and you don't plan on becoming a Franklin collector (it takes 35 different to make a full set) you could consider selling those. Can't quite tell from pics about all the Walking Liberty halves, but my impression is those would be candidates for selling. There look to be a few that will command a decent premium over their silver value, but we can talk more about that later. Edited by halfabustisbetter
06/04/2007 11:09 pm
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Bedrock of the Community
United States
19935 Posts |
quote:
The Morgans do look great. I would recommend (and you may want a second opinion or two on this point) switching them to either new flips, air-tite type holders or a modern album. Take individual pictures of the coins outside of any holder, it helps to see the coins outside of the plastic. As you know, only touch the edges. Do NOT simply rip open the holders--remove the staples completely so that you do not suffer scratches the coins. Never hurry. Work over a soft surface, wear cotton gloves. Only hold the coins as close to your face as is absolutely necessary. I know I sound retentive, but some of your coins look to be extraordinarily well-preserved and you don't want to take any chances. The difference of a single grade point (we'll talk about grading more later) can make a HUGE difference in value. We've all dropped coins we didn't mean to, and I have a velvet lined jeweler's display box that has saved my you-know-what on several occasions.
Looks like you're doing great work! This is a very exciting thing you've got going on here!
Where do I find the "air tight" holders? Another question I have: Where is the best place to buy supplies? I went to a local coin shop and they only seemed to have books, the plastic tubes and 2x2's. Thanks for the advice! |
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Pillar of the Community
United States
1984 Posts |
I am able to get mine from my local dealer, but check out the "supplies" thread https://goccf.com/t/15638 and you'll see what other members recommend.  PS I edited my post above to give you a couple of selling recommendations from my first glance at your collection. Edited by halfabustisbetter
06/04/2007 11:14 pm
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Valued Member
United Kingdom
59 Posts |
This is waay out of my depth,but I am taking a keen intrest in this topic!Such a huge collection! If it was me in your situation,id take the time to take a picture of each one front and back and post everyone up.Then if were talking money terms then sort them into 3 catagories,the most valuable$$$,worth something$$ and Can leave go$. Then maybe list the $ ones as a job lot if you didnt want to sell them all indivdually. Keep the $$$ ones(maybe get them graded like your thinking about) And sell the $$ ones on either ebay,another auction site or on this forum.As I'm sure ALOT of people would be intrested,including myself! Just an idea! |
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Moderator
United States
6563 Posts |
Don't forget to post a picture of the Oh So Cherished 1909 S VDB  |
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Pillar of the Community
United States
882 Posts |
I would definetly get new holders for them morgans. They look really nice and you can check their value fairly easily in any price guide. To get a general idea, that is.
Ty
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Replies: 34 / Views: 2,699 |
Posted 06/04/2007 10:38 pm
