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Value Of Collection

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Author Previous TopicReplies: 8 / Views: 1,715Next Topic  
New Member
ringtail's Avatar
Canada
4 Posts
 Posted 02/23/2008  02:12 am Show Profile   Bookmark this topic Add ringtail to your friends list Get a Link to this Message Number of Subscribers
hi. my husband would like to insure my coins. how does one value an entire collection without getting them graded or appraised?

also, can someone post a sm bead variety half dollar so I can see the difference? thanks
ringtail aka carol
Pillar of the Community
KurtS's Avatar
United States
5318 Posts
 Posted 02/23/2008  02:26 am  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Hi, you could get Charlton's Catalogue for Canadian Coins to determine value of your collection.
That book has a good diagnostic for the '82 SB, since it's rather hard to describe the difference.
If you can post a clear photo of QE II's portrait/crown area, I should be able to tell you.
Bedrock of the Community
SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 02/23/2008  06:40 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Also.. Try to get a copy of Canadian Coin News, in the trends section, some of the prices are different than the Charlton book.
Pillar of the Community
karrlot's Avatar
United States
535 Posts
 Posted 02/23/2008  08:25 am  Show Profile   Bookmark this reply Add karrlot to your friends list Get a Link to this Reply
Wow - they sure let you marry young up north!

If I were to get insurance through my homeowners insurance I was going to have to list EVERY coin and value that I had with them. Can you imagine having to update that list every week?

I am a member of ANA and through them I was able to get insurance on my coins from Hugh Woods, Inc. I got $10,000 insurance for $50 per year. The only thing I have to register with them is if I have an individual item that is valued over $1000. All you have to do is maintain an inventory of your coins.

This is how I keep my inventory -
I scan my coins and upload them to a website. That way, if my house burns down, or my house is robbed and they take my computer, I've got the inventory. Its easy to update - before I put a coin in my collection, I scan it and upload it.
The other thing that is nice about that - if I am away from home and I see a coin I might want - I can get on-line and check and see if I already have the coin, or see its condition to know if I need to upgrade.

The other thing that is nice about this, is I don't have to go through and estimate the value of all of my coins, and update the values as the market changes.

If I were to ever have to make a claim, I would then go through and figure out how much everything was worth, but until that happens, I don't even have to worry about it. The only thing I do have to worry about is if I have more or less than $10,000.

I found this on the CNA website:

http://www.canadian-numismatic.org/insurance.php


Edited by karrlot
02/23/2008 08:31 am
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canadian_coins's Avatar
United States
2408 Posts
 Posted 02/23/2008  6:04 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply

MetLife Auto & Home (no affiliation with me) offers coverage under the personal property section. Only coins over $1500.00 require the more expensive scheduled coverage. This may not be offered in certain states or areas with higher crime rates but certainly something to look into. The coverage could be significantly less than $5 per $1000.

Marc
Valued Member
snaz's Avatar
Canada
351 Posts
 Posted 02/23/2008  6:08 pm  Show Profile   Bookmark this reply Add snaz to your friends list Get a Link to this Reply
carol..? your getting married?
your 13!
is that legal?
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GO's Avatar
United States
6563 Posts
 Posted 02/23/2008  9:49 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Depending on the size of your collection I'd just focus on coins over a certain $ amount. Like inventory every single coin over $10...or $25

lot easier for me as I have a few thousand that are nickel and dime values
Valued Member
OrDirtDevil's Avatar
United States
214 Posts
 Posted 02/24/2008  03:37 am  Show Profile   Bookmark this reply Add OrDirtDevil to your friends list Get a Link to this Reply
I am getting ready to insure my collection also. I had mine on my renter insurance threw my car insurance company. We just bought a house and our car insurance company called and said they couldn't insure the coins anymore since we owned. Our home owners insurance company is sending us out a form for insuring my collection along with our other collectibles. Wonder what they are going to want as proof of owning them all?

BTW, ringtail might be older then 13 years old. My profile showed I was 11 till I caught it a couple weeks ago. Be nice to go back to 1963 with what I know now. If we only knew then.
New Member
ringtail's Avatar
Canada
4 Posts
 Posted 02/26/2008  12:47 am  Show Profile   Bookmark this reply Add ringtail to your friends list Get a Link to this Reply
hi. I would never want to be a teenager again, but the knowledge might have been nice. how do I change my profile, I might not be fully honest but it will be a lot closer. ;o) carol
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