Selling Inherited Coin Collection

brandtmark,

I live in Mountain View, CA. I'd be happy to go through your coins with you and help you decipher what you have. I'll even do it at no charge just because I like coins. Then we can discuss options for selling. I generally think ebay is the best option for higher end coins, but it's much better if they're certified. Or, once you determine the value a dealer is a good option if you don't mind selling for a bit less. It's fast and convenient. There's a local dealer that I fully trust if you want to go that rout.

Just send me an email with your contact information and I'll be happy to arrange a meeting.

Everything Spider said. Best figure out what you have prior to showing to anyone. Sort of like selling anything. A House, a car, a bike. Know your products value. I strongly suggest not trusting anyone, any dealer, etc until you have an idea of what you have. Red Book can be purchased at any coin shop, many book stores or many places on line. Best prices are at Walmart web site. Very small investment to know what you have.

As previously suggested I would do my best to figure out what I have. Maybe start with a few pieces and try to sell those. Piece by piece is the best way to go to maximize the money you could make and starting with just a few can give you a good feel for whether or not you want to go that route. Who knows, maybe you will become a numismatist in your own right. Good luck!

Hi brantmark

Welcome to the forum !

There has been some pretty good advice already given .

what it boils down to is that there are two ways to sell your inheritance.

1. You can remain unknowledgeable about what you have ,,take it to a dealer and let them make an offer ,,you will find that there are two or three types of dealers out there ,, the first type will lowball the collection ,, the second type will pay a fair wholesale price and the third type will tell you what you have ,,offer better money for the better coins and buy the rest at wholesale or slightly below .

2. You can take a little time and seperate the coins yourself ,, learn about current market values and make the most from the coins you have .

this takes a little longer but in the end you will realise the most from what you have .

of course this way also introduces you into the hobby and there is always the chance that only the common coins that you have will be sold and they will pay for more coins !

whichever way you decide ,,I hope that all turns out best for you!

I would also like to express my condolences for the loss of your loved one ,, as I know that those coins represent that loss in your family !

Metalman

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How does one go about selling such a collection with the minimum effort?

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Take the coins to the first dealer you can find and just accept whatever he offers. There you go, they are gone with minnimum effort, and quite possible minnimum return as well. Like anything else in life, if you want things better, you're going to have to work at it.

Yes, take up USArmyParatrooper on his offer. We all get along with him and he has been great at finding the right prices for all the rare coins hes been buying. Just take his word for what you think it's worth and start from there. It's an excellent place to start.
Ty

Personally I would tell you to take USArmyParatrooper upon his offer. I feel that an experienced collector will let you know what you have and what you can expect to get from a coin dealer if you decide to go that way.
Once you know what you have and roughly what they are worth, you could sell them to a dealer, on ebay or even here.

I too would have to go along with that. He really sounds like one of the few people you could trust. Although he may try to convince you to continue that collection, he also may show you how to sell what you really don't'want. He has been around here for a while and trust what others say so that usually is a sign of a person that can be trusted as well. And he did offer FREE. Me being cheap, I'd take him up on that for just that reason.
Ask him to bring anything that shows prices, you supply coffee. Now who brings the donuts? If you meet during lunch time he may want you to buy McDonalds food. YUK.