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Need Advice On Inherited Coins, Please

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Hammbone's Avatar
United States
133 Posts
 Posted 04/26/2014  3:58 pm  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
And just for creating another post sake- this will be my 20th post! I can't imagine reaching 250 any time soon.
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johntookit's Avatar
United States
589 Posts
 Posted 04/26/2014  4:49 pm  Show Profile   Bookmark this reply Add johntookit to your friends list Get a Link to this Reply
It is not just the 250post but also 90days. You can try selling it on PCGS message boards and the Collectors society message boards.
The thing I don't understand is I thought you wanted to get the maximum value for the coins. Does she need the money now or can she wait a few month.
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 Posted 04/26/2014  5:00 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
If she needs the money, just dump the lot on a dealer... properly disposing of the collection will, from what I'm guessing is there and based on your level of knowledge, take at least a year. If she's alright with losing tens of thousands of dollars, it is what it is.

Also, you may want to tell her you need to see the whole collection at once to properly organize and sell things... if there is a lot of stuff, it would make sense to sell the common, cheaper stuff in bulk lots of maybe $100 total value... you'll lose a bit of profit, but not enough to make up for the cost of time and money of selling the cheaper stuff individually.

Easiest way to sort out large collections is to go by type. So you throw all the cents together, then nickels, dimes, quarters, halves, dollars, classic gold, modern commems, modern silver commems, modern gold commems, classic commems, etc. From there, it's a matter of going through each denomination, pulling out the better stuff, and the rest can be sold in bulk.
Edited by chasingtailbar
04/26/2014 5:03 pm
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 04/26/2014  5:50 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
A) Liberty Seated dimes, AU or better unless key date and scarce/rare MM than I go EF or better.

B) For all that she has been through I understand but at the same time she needs to come down the reality of what it will take to sell of this hoard and you seem to be the proactive one so I think it benefits all for you to have full control with the understanding that a year long project is ahead of all if maximum and knowledgeable money is to be recognized. Impatient money will be less than the worth you could get.

Suggest a good old fashioned inventory. Further suggest http://www.numismedia.com/fmv/fmv.shtml

Your ebay B.T. Silver Commems are asking at twice the going rate. This is a perfect example of needing time to gain knowledge in order to maximize opportunity. Only time and exposure will bring the needed insight for success.

Good luck.
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robbudo's Avatar
United States
2757 Posts
 Posted 04/26/2014  6:17 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
hambone, you need more words in your titles on ebay so your coins come up in more searchers. Also, people need to see details about the coins in the description.
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Hammbone's Avatar
United States
133 Posts
 Posted 04/26/2014  6:55 pm  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
I just sold a 7/f Morgan for 70.00 on eBay--- did someone on here purchase it? I want to see if this forum is a way to advertise on ebay since I'm new with all this. I need to know if this forum is also good advertisement. I hope 70.00 is a decent price to sell it for.

**Good news & an update---My aunts brother who helped her move the boxes out of her home after my uncle left, told her today he would purchase the entire collection for what she wants for it so she can free her mind and relieve some pressure- she is still in the grieving process- as expected and this coin topic was a HUGE ISSUE. The condition is-we provide inventory and list of the selling of every item and show her receipt so she can mark off her list (much better than her selling to dealer in bulk and not knowing what she has) my aunt still left me in charge- but I can't house the coins so he is getting them in a couple of days. He lives one state over but driving distance and between the two of us- we can sell at a much slower rate. Hallelujah!! So I will be posting coins here for help on the ones that aren't graded (I hope you don't mind) and if anyone is interested please let me know!! Well shoot, I have to get 250 posts first. Well- I'll work on that!
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/26/2014  7:16 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Great news for her!
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Hammbone's Avatar
United States
133 Posts
 Posted 04/26/2014  11:22 pm  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
Someone please tell me the value of this
It's a 1883cc.

Need-Advice-On-Inherited-Coins,-Please

Need-Advice-On-Inherited-Coins,-Please
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 04/26/2014  11:31 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
its a jump from 64 to 65 from 280 to 525
you should post clearer pics so they can be photo graded more accurately although it is tough to tell a point or two unless in hand and held by an expert

You're clearly in MS63 territory but to climb one or two points is tough to tell. Its worth sending to PCGS along with other higher end coins as again, if ths makes MS65 its now $525 and even at MS64 its a near $300 coin, If PCGS gives it an MS66 its near a thousand dollar sell for you right day right buyer.

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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/26/2014  11:31 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
1883cc, generally about MS63 (looks 63 or 62) would be in the low 200s or high 100s, like $190-$220 looking at completed ebay listings.
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968 Posts
 Posted 04/26/2014  11:37 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
That is no better than a 63+. I buy probably 40-50 GSA's a year and have learned to interpret images of them well enough. Value is probably right around $190 as is.
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Hammbone's Avatar
United States
133 Posts
 Posted 04/26/2014  11:42 pm  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
Can you tell me the cost of same quality in 1880, 1882, 1884 and 1885?
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 04/27/2014  12:07 am  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
The 1880-CC and 1885-CC are worth more as they are lower mintage.

The 1882, 1883 and 1884 CC's are relatively common uncirculated as anywhere from 60 to 85 percent (I forget the exact percentages) of the original mintages were in government vaults for almost 100 years.

-MV
Edited by MeadowviewCollector
04/27/2014 12:08 am
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968 Posts
 Posted 04/27/2014  12:19 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
All in GSA holders like that? That's probably about $1.5k in coins, a bit more actually.

General rule of hand for common-grade GSA's... '82, '83 and '84 will go for $175-$200 in 62-63. '82's go for a touch more since they are more in demand.

The 1880's have a fairly rare variety that is worth a nice premium in higher grades, called the reverse 1878. If it's not a Rev '78, it's probably worth around $500 in common grade. The '85 is a nice one to have, they go for more like $700.
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Hammbone's Avatar
United States
133 Posts
 Posted 04/27/2014  04:30 am  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
Dsfreeworld! Thx for the info! Chart helps a lot!
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