Advice Please With Inherited Collection

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Author	Replies: 17 / Views: 4,674	Page: of 2
Phaedrus29 Valued Member United States 228 Posts	Posted 04/05/2015 2:07 pm I have been working through an inherited collection of mostly classic coins with the much appreciated help of the forum members here. I was nearing completion of sorting through those coins when my family reminded me that we also have two boxes of modern coins! Some more "work" for me, but a very welcome surprise! I've just finished looking through the boxes and was hoping to get some advice about how best to sell these...I just want to make sure I don't make any bad mistakes. There don't appear to be any earth-shattering finds, although there are a number of nice gold and silver coins. My main questions: Would selling through ebay be a good idea for these? Perhaps I should look into a place like APMEX for some? Are there any that would benefit from being graded? Perhaps the gold and silver eagles (although they are in nice boxes)? Any other advice in general? Thanks. Here is a not-too-well-organized list of the coins...pretty much all of the coins have the boxes and certificates of authenticity: (10) US Bicentennial Silver Uncirculated Set 1776-1976 US Liberty Coin Uncirculated 1886-1986 (3) US Liberty Coin - Three-Coin Set - Gold Five Dollar, Silver Dollar, Half Dollar (5) US Mint 1986 Uncirculated Coin Set - with D and P mint marks (10) US Mint 1988 Uncirculated Coin Set - with D and P mint marks (10) US Mint 1989 Uncirculated Coin Set - with D and P mint marks (5) US Mint 1990 Uncirculated Coin Set - with D and P mint marks (5) US Mint 1992 Uncirculated Coin Set - with D and P mint marks (5) 1979 (Susan B Anthony) Dollar Souvenir Set (5) 1980 (Susan B Anthony) Dollar Souvenir Set (3) 1990 Uncirculated Silver Dollar - US Eisenhower Centennial Silver Dollar (3) 1990 Proof Silver Dollar - US Eisenhower Centennial Silver Dollar (2) 1991 Half Dollar Proof - US Mount Rushmore Anniversary Coin (2) 1991 Two-Coin Uncirculated Set (Silver Dollar and Half Dollar) - US Mount Rushmore Anniversary Coins (2) 1991 Two-Coin Proof Set (Silver Dollar and Half Dollar) - US Mount Rushmore Anniversary Coins 1991 Six-Coin Proof and Uncirculated Set ((2) Gold Five Dollar .24oz, (2) Silver Dollar, (2) Half Dollar) Wood Case - US Mount Rushmore Anniversary Coins 1988 Proof Gold Five Dollar (.24oz) - US Mint 1988 Olympic Coins (2) 1988 Proof Silver Dollar - US Mint 1988 Olympic Coins (2) 1987 Silver Dollar - US Constitution Coins 1987 Gold Five Dollar (.24oz) - US Constitution Coins (2) 1987 Silver Dollar and Gold Five Dollar (.24oz) - US Constitution Coins 1987 Silver Dollar and Gold Five Dollar - Mahogany Four Coin Set - US Constitution Coins (2) 1992 American Eagle Silver Proof 1992 American Eagle Gold 1/4oz Proof 1992 American Eagle Gold 1/2oz Proof 1983 US Prestige Set Olympic (5) 1986 US Prestige Set (2) 1987 US Prestige Set (5) 1990 US Prestige Set 1991 US Prestige Set 1982 US Proof Set (10) 1986 US Proof Set (10) 1987 US Proof Set (8) 1988 US Mint Proof Set (10) 1989 US Mint Proof Set (10) 1990 US Mint Proof Set (5) 1992 US Mint Proof Set Thanks for the help! Report this Post to the Staff

just carl Bedrock of the Community United States 20753 Posts	Posted 04/05/2015 2:31 pm WOW, you have a lot of STUFF to worry about. So much depends on you now. If you want to become a coin collector, great start. If you want to just sell them off, yes ebay is the place. Taking them to a coin store would get you very little in comparison but much faster results. And with places like ebay, your going to do a lot of shipping and not necessarily selling them all off. Get yourself a copy of the Red Book and look up all that stuff. Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 04/05/2015 2:47 pm Quote: WOW, you have a lot of STUFF to worry about. Yeah, it's a pretty good problem to have. I've been over on the classic forum for a few months now...have some coins at Heritage, some sold through Great Collections, a handful sold to APMEX, a couple sold to a local shop, and I've sold about 15-20 myself on ebay. I will be keeping some of the classic coins, and perhaps a select few from this group, although most of these will go up for sale I think. I have the Red Book and have been using numismedia and checking past auction results...I don't see all of these listed on numismedia. I'll give the Red Book a look but I find that it's pretty far off for pricing. I was thinking that I might group a bunch of these together for sale on ebay...to save a bit on time and shipping expenses. I just wanted to check if there is anything that should be sent for grading or sold at some place other than ebay. Edited by Phaedrus29 04/05/2015 2:49 pm Report this Post to the Staff
denco7 Pillar of the Community United States 2543 Posts	Posted 04/05/2015 3:09 pm It is all pretty much $bay stuff. Unless some of the commemoratives are MS69 or 70's none of what you have there would benefit from grading. Too bad you are not at a point yet where you can offer these for a pre sale to members first. Some of what you have would be of interest to many here. You can however post links to your $bay sales. Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 04/05/2015 3:18 pm Quote: Unless some of the commemoratives are MS69 or 70's none of what you have there would benefit from grading. Which ones did you have in mind? I can try to take a close at those and post pics if it might be helpful. Quote: You can however post links to your $bay sales. I will be certain to post links in the sales promotion forum. Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5394 Posts	Posted 04/05/2015 3:36 pm Do yourself a huge favour this is really simple stuff . There is well published info on your listed material. If you want to sell it you will probably get 10 to 15 back of Grey sheet on the sets and the gold probably melt or close. Do not waste time and fees on selling this stuff on ebay. Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 04/05/2015 4:59 pm Quote: Do not waste time and fees on selling this stuff on ebay. Thanks for the advice. What are you suggesting though, selling to a local coin shop? Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 04/05/2015 7:03 pm Looks like a lot of duplicate cons. Your $5.00 gold coins will have the most value, about $300 each. A dealer will pay back of that. If coins like that were passed down to me. I would keep one set of each coin, then sell the rest. Then use the money to buy other coins. I think the 1991 set in the wood box would be my favorite. Edited by GR58 04/05/2015 7:04 pm Report this Post to the Staff
Bret Pillar of the Community United States 1913 Posts	Posted 04/05/2015 7:43 pm Phaedrus29, I don't know if this is an option for you, but have you thought about attending a local coin show? This way you could walk around to multiple dealers and get the best offers. Likely there is a dealer or two who deals mostly in modern stuff. They'd probably pay you under bid, but you'd probably end up netting the same as ebay with far less hassle. Otherwise, I'd say go with ebay. Descriptions and pictures are very important. Definitely include the information about these being from an estate. People seem to like that more versus coins that have been who knows where. Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 04/07/2015 11:42 am Quote: have you thought about attending a local coin show? I haven't really thought about this option, but I will look into it, thanks. There have been quite a mix of opinions here. Any other thoughts welcome! Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 04/11/2015 11:50 am I'm planning to try the Mint Sets on ebay shortly: Just wondering if you have any advice about what I should include in the listing. There are three original shipping boxes from the mint, so I thought I would mention that...I don't know if that's worth anything to collectors. I've just taken the overall shot and one pic of each different year of the sets...I figure that's probably adequate, right? Edited by Phaedrus29 04/11/2015 11:50 am Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5394 Posts	Posted 04/11/2015 4:41 pm You will get more from a dealer (if you pick a fair one) than you will on ebay for this stuff. There are well established buy sell prices on this very common material. Report this Post to the Staff
amida17 Pillar of the Community United States 4897 Posts	Posted 04/11/2015 5:00 pm I disagree. Most dealers I know do not even want the mint sets...you would be lucky to get anything over face value from a dealer here. Heck, when I worked at a shop, we had so many of these that they were cut open and put in the till. Report this Post to the Staff
schris252 Valued Member United States 368 Posts	Posted 04/12/2015 6:59 pm hi,i will be interested in buying all 1990 and 1992 proof set in a bundle together. which price would you consider for all of them. Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 04/12/2015 7:06 pm Quote: You will get more from a dealer (if you pick a fair one) than you will on ebay for this stuff. Maybe, but finding such a dealer nearby may be tough. Maybe I won't do much better financially through ebay, but I do like the idea that the coins might go immediately to a new home. Quote: hi,i will be interested in buying all 1990 and 1992 proof set in a bundle together. which price would you consider for all of them. I'm just planning to sell all of the proof sets together...I'd rather not deal with parting them out into smaller lots. They should be up for sale shortly: Edited by Phaedrus29 04/12/2015 7:07 pm Report this Post to the Staff
Dar Pillar of the Community United States 1476 Posts	Posted 04/12/2015 7:16 pm Quote: You will get more from a dealer (if you pick a fair one) than you will on ebay for this stuff. There are well established buy sell prices on this very common material. I Disagree as well. You would be better off on ebay OR wait until you have enough posts here to offer them here if you have the inclination to do so. Not only can you learn more about the hobby here and meet ALOT of good people, but you might just "Get the Bug" and maybe want to expand your collection. With what ever you may decide, good luck and be careful. Report this Post to the Staff
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