Need Advice On Inherited Coins, Please

http://www.coincommunity.com/forum/...sp#rulesid12

This link will take you to the rules about selling on the CCF.
250 posts sounds like a lot, but since you have a lot to learn and have lots of questions
your post count will increase rapidly.

I missed this the first time that I read your initial post:
" Through conversation, he had mentioned the whereabouts of several coins in which he knew he had sold to my uncle and was interested in buying back (Of course). "
Well, that reveals that there are probably a few winners among the group.
In time the members will assist in helping you identify them.

Another plan of attack would be to outline your posts by coin type.
A separate post saying something like:
"The are the [ Walking Liberty halves - Indian Head cents - etc.] that I have
from my Aunt's accumulation:"
Specialists of each series will be able to find and to focus on your questions.
A breakdown of categories follows:

http://www.coincommunity.com/forum/...asp?CAT_ID=2

You can also use this same listing to learn about each series.
Every time you start a new topic or answer another member for the first time it counts as a valid 'quality' post.

Don't become discouraged about all that there is to learn. We members are not immune
from becoming discouraged from time to time.

Take care.

Depending on the quality of individual coins, you are hamstringing yourself by taking this position. For individual pieces whose value exceeds, say, $250, you're either going to leave close to half the coin's value on the table by selling to a dealer or you're going to take a huge risk by selling it on ebay (the only online auction venue worth recommending to fit your desires).

"Certified graders" are not dealers. They're independent companies - PCGS, NGC, ANACS - whom you're going to have to send the coin to for grading. There's the "mailing them off" part again. And it will have to happen for coins of the value I mentioned above, because your potential buying audience will not bite (generally speaking) on a raw coin of that value. I certainly don't advise anyone but an expert buying a raw coin for that kind of money. A local dealer with sufficient experience can be good help, but their opinion cannot be viewed as Gospel. Further, most dealers have to be "jacks of all trades" and some issues/varieties require the kind of individual expertise a dealer hasn't the time to acquire.

Here's your first step: You need an accurate inventory. Similar issues vary widely by year, mint mark and grade; that circulated 1886 Morgan could be only worth $35 but that Uncirculated 1886-S Morgan will fetch thousands. The Red Books, although not necessarily accurate regarding real-world pricing (they can't be, with a printer's deadline), will give you a nice clear comparison of relative values - that was a smart move on your part.

The best advice we can give you - and understand we've got expert-level members for just about *any* coin - will happen on an individual basis. If you were to post a basic list (issue, year, mint mark, rough estimate of condition), we could point out to you the ones which are worth further research, and why.

You're doing the very best thing you possibly could by coming to a place like Coin Community with your questions. Any more than ten years ago, and this wouldn't have been possible. But we're here now, and let's leverage that fact to do the best with your situation we can.

squirrel777 raises a point which often gives me pause:
"Is it the function of the CCF to make you into a coin collector?"
I say "NO!" We are to help you with exactly what you need and no more.
However, should your task lead to fall in love with a few coins I am sure that your Grandma,
being SO grateful with all of your hard work, will let you have them.
Especially if you tell her that you wish to honor your grandpa, her husband.
Offer her some money, but I doubt that she will take it.

I had a similar, although much smaller task: helping the mother of my sister's friend with her coins. "Mother Miller, take these to the bank and let me take these to sell or to buy from you."
Well she could not have been happier. I sold off the common silver and gave her a fair price on the remainder. She netted $125 for the transaction. Plus whatever she got at the bank.
Did I not give her enough or did I give her too much? No matter. It was extended family.
AND, she feeds all of us well!

Just for a start: The very first coin you posted, the 1892-CC, is a $2200+ coin.

Ssuperddave, so are you saying I could sell the 1892 CC Morgan for 2200.00 or that's what a dealer sells it for? My apologies for being completely clueless to all this.
I sold it last night for 1800.00 after reducing price on ebay. ebay took their 10% and Paypal took their 3%--- leaving a sale profit of 1560 after paying shipping this morning. However looking at the purchase price on receipt of $2670.00-- it's discouraging. I had a "buy it now" for 2400.00 at first and had 2 watchers when the auction ended. So I reduced to 2300. Then again to 2000. Down to 1800.00- within 30 minutes it sold at that price. Almost a 1200.00 loss.

Yikes - sorry for the loss on the CC, Hamm.

I looked up the $5 goldish colored buffalo Indian head coin and was amazed at value and then started doing research and was bummed to find their are a good many reproduction coins of these. I tried to find out how to differentiate between real and reproduction by measuring the coin in water and subtracting coin weight minus Water volume (something like that) all this chemistry stuff. Can anyone just look at pic and tell me? It's in that clear plastic sealed protection cover so I can't feel it.