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Inherited Large Amount Of Sorted And Unsorted Coins

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United States
3 Posts
 Posted 11/10/2016  12:20 pm Show Profile   Bookmark this topic Add RobinsonTreeHouse to your friends list Get a Link to this Message Number of Subscribers
I recently inherited a large ammount of coins and am not sure what to do with them. They range from mint proof sets, to filled coin folders, to bags and/or buckets of sorted coins. I am still going through the proof sets and filled coin folders but below are the bags and buckets of sorted coins. With what is below, I was hoping to find out what you recommend I should keep and what I should turn in for face value. My grandfather just loved to collect and sort so I am not sure if anything below has significant value over its faces value. If something has no value beyond its face value, we were going to take it to the bank for cash and give it back to my grandma to help her with bills.

Any help is appreciated and I can try and get you more information if you need it.

*Bucket of D pennies - 1964 and newer
*Bucked of Philly pennies - 1960 and newer
*Misc Philippines coins - 1960's
*Misc Mexican coins - 1990's
*Misc Deutsche Mark, Austrian schilling, Republica Italiana, Hong Kong, Great Britain coins - 1950's
*Misc French Francs - 1940 and newer
*Bag of San Francisco Nickels - 1969 and1970
*Bag of Philly pennies - 1970 and newer
*Bucket of Denver quarters - State Quarters
*Bag of Nickels - 1960 older
*Bag of Philadelphia nickels - 1960 and newer
*Bag of Pennies - 1955, 1963, 1974
*Bag of Denver Pennies - 1960 and newer
*Bag of Nickels - 1942 and newer
*Bucket of 1998 quarters
*Bag of 2005 nickels
*Bag of 2004 Denver nickels,
*Bag of 2006 Denver coins
*Bag of San Francisco Mint Pennies - 1968, 1969, 1970, 1971, 1972, 1973, 1974
*Bucket of Denver pennies before 1980
*Bag of 1776-1976 bicentennial quarters
*Collection of gold plated american history coins
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John1's Avatar
United States
56855 Posts
 Posted 11/10/2016  2:02 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Sorry for your loss. Are any of the bags mint sewn or were they put together by your grand pa?
John1
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Finn235's Avatar
United States
6130 Posts
 Posted 11/10/2016  2:05 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply


Sounds like you have your work cut out for you!

Here's what I would start with:

Nickels: WWII issues (mid 1942-1945) are 35% silver and worth about a dollar each. They have a large mintmark on the back. S mint nickels (50s and earlier) also tend to bring a premium. 1950-D is a key date and worth about $6.

Pennies: S mints are good, and there is a rare small date 1970-S that is worth about $30. Some 1969-S also have doubled lettering... these are rare and valuable. All pennies 1959-81, and 95% of 82 are 95% copper. Some people hoard these, but I wouldn't unless they are flashy red. The copper value is worth about 2 cents each, but nobody will pay that because they are illegal to melt.

Bicentennial quarters are worth face unless they are flashy and uncirculated. Everyone hoarded them (and still do) so they do not command much in any grade.

The world coins most likely do not have anything of real value. 99.9% of all modern European coins have high enough mintages that they are almost worthless. German deutsch marks are still exchangeable for Euro at 2DM = 1 Euro, if memory serves? Is there a story about how he acquired them? If so, that story is worth more than what ebay will give you.

The gold plated coins are just novelty, worth whatever someone will pay.

And of course, anything that reminds you of your grandpa is priceless! I would definitely keep at least one that catches your eye as a memento.
Edited by Finn235
11/10/2016 2:09 pm
New Member
United States
3 Posts
 Posted 11/10/2016  3:04 pm  Show Profile   Bookmark this reply Add RobinsonTreeHouse to your friends list Get a Link to this Reply
Thank you for the kind words.

They are just ziploc bags and buckets that were put together by my grandpa, no mint sewn bags.

Also thats all good information, I will try and start looking the pennies and nickels this weekend and will see what I can find.

There is no story unfortunately that myself or grandmother knows in regards to the European coins.

And I have only started to go through it but will definitely be keeping some items to remember him by! Thanks again.
Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 11/10/2016  3:31 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Robinson, if click on the word " inherited" in your first sentence this may help you.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 11/10/2016  3:53 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
To CCF , Looks like you have a bunch of coins there . Unfortunately there doesn't seem to be anything rare in that lot . I wouldn't cash in any of it at face value . but I know you want to help out your grandmother . all I can tell you is your grandfather thought those coins were special that's why he saved them .Maybe you can help out your grandmother in other ways .
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jbuck's Avatar
United States
188213 Posts
 Posted 11/10/2016  5:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Robinson, if click on the word " inherited" in your first sentence this may help you.
Yup. We auto-add that link to help the new members out with their inheritance.

to the Community!
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/10/2016  5:09 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, sorry for your loss indeed, but it doesn't look like much treasure from what you list.



to the CCF!
New Member
United States
3 Posts
 Posted 11/10/2016  5:24 pm  Show Profile   Bookmark this reply Add RobinsonTreeHouse to your friends list Get a Link to this Reply
Thanks for the responses everyone! That inherited link was extremely helpful, lots of good information that we will take going forward.

The list I posted originally is just the "extra" stuff we found laying around his house. Briefly looking through his potentially more valuable assets are some of the following. This is from just looking through the first of many briefcases

*Morgan Dollar date set starting from 1882
*Franklin Half dollar folder from 1948
*Lincoln Cents 1909-1940 folder
*Flying eagle copper nickels
*Kennedy half dollar folder from 1964
*Tubes of quarters labeled silver (dated 1964)
*Tubes of dimes labeled silver (dated 1957, 1959 and , 1961 and 1964)
*Tubes of Kennedy half dollar from 1964
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GR58's Avatar
United States
11951 Posts
 Posted 11/10/2016  5:50 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply


Sounds like you have a lot to sort out.

To me ... and I have sorted a lot of collection like this.

Separate the better coins from the common coins.

Many of those bucket and bags are just going to be face value coins
that can be taken to the bank.

The pre 64 silver coins can be sold pretty easy for around 12 times face.
Meaning for every dollars worth of pre 64 silver coins you could get $12.00.

Purchase a RedBook (coin price guide) and use that to look up the coins
in the folders/albums, to find the better value coins.

Do not clean any coins

Prices of better coin will depend a lot on the grade of the coin.
If you can take decent pictures of coins, you can post them here
and members will try and help with any questions.

Again ... Welcome to CCF
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Spence's Avatar
United States
34398 Posts
 Posted 11/10/2016  8:41 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@robinsontreehouse, first welcome to CCF--I wish it would have been under better circumstances. That said, the folks above have given you a bunch of good leads and great advice. The only thing that I will add, is to amplify GR58's comment:


Quote:
Do not clean any coins


This is super important!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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UltraRant's Avatar
Norway
1358 Posts
 Posted 11/11/2016  05:02 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
Sorry to hear about your loss.

I'll leave the American coins to the experts here. When it comes to the European coins:

- German coins can still be exchanged for cash, if you ever get to Germany. They should go for face value at least. There's a few exceptions which might be very valuable:

1 Pfennig 1948 J,
5 Pfennig 1949 G and J
50 Pfennig Bank Deutscher Länder 1950 G,
50 Pfennig Bundesrepublik Deutschland 1949 J,
50 Pfennig 1949 G,
1 DM 1954 and 1955 G
2 DM 1959 F
5 DM 1956 D, J and F,
5 DM 1957 D and G,
5 DM 1958 F
5 DM 1959 F and G

Also note that old 5 DM (1954-1971) coins have silver content.

- I do believe that Austrian Schilling coins also still can be exchanged by the Central Bank in Austria for euros. Older Schilling coins may contain silver (especially pre World War II, 5 and 10 only post World War II to some extent)

- Italian coins are generally worthless, for what I know, with a few exceptions: 10 and 20 lira from just before the War have silver, 500 Lira post WWII also have silver.

- British coins may also contain silver. All coins valued 3 pence or more minted before 1947 have silver content. If you happen to find a 1933 penny, then let me know.

- French Francs from 1940: you may have to look for some special pieces, as you probably got a lot of war coins. France made a lot of different coins during World War II. None of them contain precious metals, but some of them may contain very low mintage numbers. Here's some samples (this isn't an exhaustive list!):

Almost all 'essai' coins have extreme low mintage
1 Franc 1943 made of zinc
1 franc 1943 Graziani
2 Franc 1935 has low mintage (semi-key).
50 centimes 1945B is a key date. The coin type as a whole is relatively expensive.

Those were strange times, so there's much more out there. This is just what comes to mind at once.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 11/11/2016  09:04 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Sorry for the loss of your grandpaw, but ..to CCF you have been given some great advice from our members, be careful what you do so, you can help your grandmother out.
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