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My Father's Classic Coin Collection

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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 01/24/2015  12:38 am  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I was referring to the gold coin. I'm looking forward to when you start posting pictures until then I'll have to be patient LOL

-MV
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Phaedrus29's Avatar
United States
228 Posts
 Posted 01/24/2015  02:09 am  Show Profile   Bookmark this reply Add Phaedrus29 to your friends list Get a Link to this Reply
Here's a quick shot of one:

My-Father's-Classic-Coin-Collection

I'm trying to handle the coins as little as possible, so I didn't take it out. But the plastic inside doesn't feel as flimsy and flexible as Saran Wrap.
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jfransch's Avatar
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1801 Posts
 Posted 01/24/2015  1:14 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
The coin might be in a mylar sleeve inside a soft flip. If that is the case the coin is safe. I have seen many coins in high end collections that were stored that way to protect them from the danger from the soft flip.
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Phaedrus29's Avatar
United States
228 Posts
 Posted 01/24/2015  3:35 pm  Show Profile   Bookmark this reply Add Phaedrus29 to your friends list Get a Link to this Reply

Quote:
I was referring to the gold coin. I'm looking forward to when you start posting pictures until then I'll have to be patient LOL


Just for you I went ahead and posted the 1843-D, even though I didn't receive the lights yet. ;) Since it's in a slab I figure it doesn't hurt to handle it a bit. Not really thrilled with the accuracy of the pics...hopefully the new lights will help.

https://goccf.com/t/196045

Edited by Phaedrus29
01/24/2015 3:36 pm
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coinlover168's Avatar
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506 Posts
 Posted 01/25/2015  12:08 am  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
I think you are fine for now with the storage of the coins. What do you plan on doing with them?
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Phaedrus29's Avatar
United States
228 Posts
 Posted 01/25/2015  12:44 am  Show Profile   Bookmark this reply Add Phaedrus29 to your friends list Get a Link to this Reply

Quote:
What do you plan on doing with them?


At this point I'm trying to learn what I can about the coins...I'm sure it will take a while. Then I need to figure out what I want to keep and what I'm willing to sell to make the sister happy. Right now I'm leaning toward keeping the half dollars, the Morgans, the $2.5 and $5 Indians, and the Gaudens designed gold pieces. I'm not sure about that though. I think I'll send all the coins $300+ to a TPG (thinking PCGS), which will be quite an expense but sounds like it'll be worth it.
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usc96's Avatar
United States
291 Posts
 Posted 01/25/2015  09:53 am  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
This has turned out to be a great inheritance. My grandfather passed away a few years ago, and I was honored when I was asked to go through his collection because he got me started collecting 40 years ago. When I went through the footlocker of coins I was dismayed because there was not much worth more than $100 (for a single coin). Those that were more than $100 were bullion coins that I gave to my uncle to distribute to his siblings. I later learned that my grandparents were victims of a burglary, and the belief is the thief took all of the valuable coins. It was a disappointment to me. Seems you are having a much better experience.
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Phaedrus29's Avatar
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228 Posts
 Posted 01/26/2015  3:34 pm  Show Profile   Bookmark this reply Add Phaedrus29 to your friends list Get a Link to this Reply

Quote:
I later learned that my grandparents were victims of a burglary, and the belief is the thief took all of the valuable coins.
Very sorry to hear about your experience. I am learning that my father certainly had an impressive collection, and we are very lucky to have inherited it without incident. I have some mixed feelings about selling the coins, and will certainly be keeping a portion of the collection. I do have anxiety now about making sure that I sell them in the correct way. I'm thinking that I might try to sell lower priced coins myself on ebay, but I really think I will go through an auction house for the more expensive ones. I'm wondering if folks have any ideas about what value of coin would make sense to go through an auction house and what value is OK to sell myself through something like ebay. Any thoughts? Thanks.
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EarlyTurban's Avatar
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383 Posts
 Posted 01/26/2015  6:13 pm  Show Profile   Bookmark this reply Add EarlyTurban to your friends list Get a Link to this Reply
I look forward to seeing photos of the gold coins. Particularly the 1800 and branch mint pieces, if possible. Sorry to hear about your family's loss, but glad to know you're seeking good advice and counsel regarding your father's collection.

regards,

ET
Edited by EarlyTurban
01/26/2015 6:14 pm
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 01/27/2015  1:44 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
EarlyTurban,

Here's the grading thread he posted for the 1851-C $1 https://goccf.com/t/196064

The 1843-C $2.50 https://goccf.com/t/196045

1927 $20 Saint https://goccf.com/t/196074
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Phaedrus29's Avatar
United States
228 Posts
 Posted 01/27/2015  6:39 pm  Show Profile   Bookmark this reply Add Phaedrus29 to your friends list Get a Link to this Reply
Thanks for posting those links. I'll be posting more pics soon when my lights arrive. For now, I have a question that isn't too exciting. I believe about 8 of the coins in the collection are "bullion" coins, and I'm wondering what the best way to sell those would be. There are two US coins from 1987, a 1/10 oz and a 1 oz. There is a 1 oz Panda and three smaller chinese coins from 1985-6. And there are two Canadian 1 oz coins from 1986. Should I try to sell these coins in the same way as other coins...potentially ebay for the cheaper/smaller coins and the larger through an auction house? Or is it a different situation with these bullion coins? Does it make sense to have these graded? Thanks again.
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