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 Replies: 11 / Views: 1,046 |
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New Member
United States
3 Posts |
Hey all, n00b here. Anyway, years and years ago in my childhood I inherited a coin collection from my grandfather. During my youth I added to it as well, but it has sat in my closet for probably 15 years now, untouched. I would like to get this collection appraised, but I don't even know where to start to go about getting this done. Any advice would be appreciated. I live in the Northern Virginia/D.C. area if helps. Thanks in advance. |
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Pillar of the Community
United States
1130 Posts |
I would bring it to a certified coin dealer and have them look at it. Also, do your own research so you don't get ripped off. This site has good information on the different coin types. Use some sort of price guide to give you an estimate on the value. Remember that grading is a very important factor in pricing.
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Pillar of the Community
United States
882 Posts |
The easiest way to appraise your coins is by taking pics of them all and posting them on the forum. Then, you can get opinions of more than one person and from quite knowledgable coin collectors.
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New Member
 United States
3 Posts |
Thanks. There are so many coins, probably a thousand maybe, so I don't think I can post them all or look them all up individually.
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Bedrock of the Community
United States
12437 Posts |
Welcome to the forum  The answer to your question depends on a couple things- are you planning to sell the coins or keep them? If you strictly want an accurate appraisal and nothing else, you will probably have to pay a fee for a professional appraisal from a dealer. I cannot recommend any in your area since I am not familiar with it, but the ANA(American Numismatic Association) dealer directory would be a good place to start for a trustworthy dealer http://www.money.org/ana_custom/dea...r_search.cfm. If you are planning to sell, many dealers will give a free appraisal but only if you are selling to them. In that case, they would give you an appraisal price and a buy price. If you have the capability of scanning or digitally photographing your coins, they could be posted here and we can give you a rough estimate range. A word of caution, if you have high value coins, the best way to determine the value is an in-person examination. A slight difference in condition can make a difference of hundreds or thousands in some cases. Digital images can reveal alot about the condition of a coin, but some things can be difficult to determine unless in hand. Bad photos make a reliable determination practically impossible. Edited by biokemist6
01/08/2008 2:59 pm
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New Member
United States
3 Posts |
Thanks biokemist6. I plan on keeping them. I'm just interested in their value, and possibly insuring the collection if necessary. I'll check out that link you posted, thanks.
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Pillar of the Community
United States
3234 Posts |
I strongly recommend posting scans or pictures, also. You don't have to do one coin at a time. You may want to concentrate on one denomination at a time.
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Pillar of the Community
United States
764 Posts |
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Bedrock of the Community
United States
19935 Posts |
Buy a RedBook and create an Excel sheet. That will get you in the "ballpark". Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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No longer with us
United States
207 Posts |
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Pillar of the Community
United States
1130 Posts |
And don't allow the dealers to cherry pick through your coins.
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Member
United States
3242 Posts |
I say welcome to the forum next get a 2008 Red Book and post some pictures here. No cost and no dealer trying to get your key coin for way less than they are worth! we love good pictures!! |
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Replies: 11 / Views: 1,046 |
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Posted 01/08/2008 2:54 pm
