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 Replies: 5 / Views: 1,677 |
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New Member
United States
3 Posts |
Trying to help an elderly neighbor who has inadvertently accumulated (mild dementia) a fair amount of misc commemorative coins. A number of them are from places like the Danbury Mint or similar, but truth be told there are several gallon zip-lock bags of cased quarters, dollar and half dollar coins and misc foreign coins.
Any suggestions on where we could take all of this to help sort out if any of it is worth more than face value? Its a bit diverse for the bank and might not be unique enough for a coin collector.
Any help would be much appreciated.
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Pillar of the Community
United States
4211 Posts |
 Aston. It's nice of you to try and help her. Quarters, dimes and half dollars 1964 and prior are 90% silver and are worth much more than face value. Half dollars 1965 to 1969 are 40% silver. Things like Dansbury Mint are hit and miss with some common sets ( State Quarters) not selling for much over face value. Feel free to post some pictures of things you find interesting and we will try and help. What City / State are you in? Perhaps a good coin shop can give you some advise. |
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New Member
 United States
3 Posts |
Debrajc,
Thanks for the info. I am in the Fort Lauderdale, FL area if that helps.
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Bedrock of the Community
United States
20753 Posts |
It really is nice to try and help someone with coins. So many people buy all kinds of coins, stamps, toys, etc. not really knowing what they are or what they are worth. Coins and items from places like other than the US Mint can and usually are sort of not worth a lot. Difficult to find buyers and taking those to a coin or hobby store would not be to smart either. AND that is just one of the problems with such items. Nice to have, collect, store but if and when time to sell, time to find out what happened to your money. Sort of one of the problems with what you see on the Antique Road Show in TV. IF you listen to them, you hear "IF you take this to the right auction, and if there is buyers there for this, it could well be worth ?" Sort of what you have there. IF you find a buyer and IF there is a market and IF, IF, IF. Commemorative coins and such items demand a special buyer and/or collector. My suggestion would be to look up coin shows and take them there for a just in case. |
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New Member
United States
3 Posts |
Debrajc & just carl,
Thanks to your suggestions I was able to find a place called "Coins & Valuables" in Hollywood, FL that made the whole process very easy.
Thanks again for the helpful insight.
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Pillar of the Community
Norway
1358 Posts |
Really nice of you to help, especially when there's so much to be sorted. Good luck on going through all the coins!
I'd be happy to help, if I can, although I'm much more familiar with US circulation coins than commemorative coins from for example the Danbury Mint. I probably can help a lot more with foreign coins. Would be great if you could post some things that you need grading on. As can be seen in topics like 'guess the price', we're really good at pricing things here. ;)
Anyway, here's a rule of thumb for all regular circulation money (might be different for commemorative coins):
- all nickels from 1873 (.900) and before and all nickels from 1942 to 1945 (.350) are worth keeping, as they're silver.
- all dimes up to and including 1964 are silver (.900). There's also a commemorative series from 1992-2016 in .900 silver.
- Quarters have been silver (.900) until and including 1964. A lot of commemorative silver coins of later date exist.
- Half-dollars were silver (.900) until 1964 and a tad less silver (.400) until and including 1970. Also a silver proof series has been made from 1992 to 2016 and there are quite some silver commemorative coins.
- All Dollars were silver or gold until 1935. There are some silver proof dollars minted from 1971 to 1977, and all Silver Eagles are made of silver.
Hope this helps!
Edited for typos.
Edited by UltraRant
05/02/2016 06:03 am
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Replies: 5 / Views: 1,677 |
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Posted 04/30/2016 12:25 pm
