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Replies: 12 / Views: 1,410 |
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Valued Member
United States
54 Posts |
Here are a few photos from one of the coins passed on to me from my grandfather. This one is about the oldest and then they jump to the 1920s. As a newbie, I don't know what grade this would be considered or if it has value above the base price. There does not appear to be a mint mark. Photo taken on ipad. It has that little black spot in the hair, and a little crumple on the rim next to the date.   
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Pillar of the Community
United States
1307 Posts |
Nice picture, and nice coin, welcome on-board!Damage will hurt the value, but as a gift/inheritance from your grandfather, I'd keep it forever & not worry about it's worth.
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Bedrock of the Community
United States
11951 Posts |
Nice coin to be passed down.
To me family coins hold a special place in my collection.
The rim damage does hurt it some. I think the coin is low XF in grade.
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Valued Member
Canada
192 Posts |
 thanks for the share!
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Rest in Peace
United States
7075 Posts |
According to NumisMedia Fair Market Value, that coin graded at XF would be worth $30.
The prices given there are just a guide. It's a handy site to look at if you want to find out whether or not you have a coin that's worth insuring. For instance, if your coin was in absolutely perfect condition -- MS70 -- it would be worth $16,000 -- maybe. The market changes constantly.
As it is, it makes a lovely keepsake for you and future generations. Keep it safe. It's a beauty!
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Valued Member
 United States
54 Posts |
Thank you for all the comments. Yes, I am so happy to have these coins as keepsakes. Of course to know their value is always fun, too. My maternal grandfather, an Italian immigrant to the U.S. in the early 1900s, passed away in 1980. My mom passed in 1997 which is about when I got the coins. They have been haphazardly stashed in a tiny gift bag until this year.
You will be glad to know I am currently putting the coins in flips and labelling them. Then I plan to add here and there by collecting a few coins of my own as I learn about the hobby.
There are several reasons I am finally giving my grandfather's coins the attention they deserve. One is that I am an empty nester and finally have time to look up coin info. The other reasons are because searching for answers is so incredibly easy with the internet. Having an ipad makes it even simpler, and a coin forum where everyone is so encouraging and informative is icing on the cake.
Buddy, thanks for mentioning that Numismatic fair market price site, I will look it up and bookmark it for future reference.
It looks like the nicer of my coins is a 1921 Morgan. I will post a photo of it in a separate thread when I get to it.
Thanks for the welcome, everyone.
Edited by IamCam 10/17/2016 1:11 pm
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New Member
United States
36 Posts |
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Moderator
 United States
188110 Posts |
Quote: Here are a few photos from one of the coins passed on to me from my grandfather. Very nice!  I have a lot of respect for sentimental value.
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Bedrock of the Community
United States
94367 Posts |
 to the CCF!
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Pillar of the Community
United States
1119 Posts |
nice! 
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Rest in Peace
United States
7075 Posts |
Since you plan to add to the collection, I would suggest that you make note of which coins belonged to your grandfather. If you haven't already done so, buy a Red Book and start reading about coins. If you're going to collect Morgan dollars, check out the threads on counterfeits. I've been looking at them for years and I am still not certain I could spot a fake. But the experts here can -- so it never hurts to post a pic of a coin that you are thinking about buying and get opinions before you buy.
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Valued Member
 United States
54 Posts |
Buddy, yes, I am noting all coins I received from grandfather as "Nick A. Collection". I also just got a 2017 copy of the Red Book. Packed full of info. Thanks for the info on Morgans. I certainly would have no clue how to spot a counterfit anything. Tho they won't be my first selection to collect. I love the ATB National Parks coins and will probably start with those, and then I love the Walking Liberty silver dollars and would like to get a few of those to commemorate special family dates like birth years, ect. Even tho I have much to learn, I feel I am at least understanding the basics. I used to look at my grandfather's coins and see a mumbo jumbo of confusion having no idea how I could ever find out if they had any value. Honestly, I didn't even know their silver content would make them at least somewhat more valuable than their face value, so that was a pleasant little surprise.
Edited by IamCam 10/18/2016 12:46 pm
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Rest in Peace
United States
7075 Posts |
Sounds like you have a good plan.
I look forward to seeing you around here.
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Replies: 12 / Views: 1,410 |
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