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Replies: 17 / Views: 3,933 |
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Valued Member
Canada
56 Posts |
First Hi, I'm Lee. I am actually a WWII collecting addict but I seem to have been thrust into the world of coins in a huge way. Grandpa passed, mom wants to get this out of her hair yadda yada I'm sure you have heard it all before. This is a HUGE collection so I may have more than a few questions and probably a ton of pics. Put it this way, it took 5 5 gallon buckets to haul it out of grandmas house and it barely fit in mom and dads 3'x8'x1.5' "hidden wall" LOL. Thanks for all the advice so far. From reading through the other "Help I inherited" threads I have had a ton of questions already answered. So my first question. Are these "original" rolls? I suspect not but I want to be sure. We have 9 or 10 rolls in different years. Should a guy open them and look for variants or should you just leave them be? Thanks for any help! Lee Ps one roll was open that's why the coins are out LOL   Edited by ralfsnart 04/15/2018 6:38 pm
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Valued Member
Canada
228 Posts |
 Lee! Sounds like you've inherited quite the collection... Unfortunately the rolls in your photo appear to be hand-made. The first three coins I can see are definitely circulated as well. I certainly wouldn't hesitate to open the rolls to see what you've inherited.
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Valued Member
 Canada
56 Posts |
Awesome, thanks! That was my gut feeling as well
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Bedrock of the Community
Canada
21597 Posts |
Those are 50c pieces, not dollars. No, they are not original rolls so feel free to open without doing any harm. Not sure what years you have, but if there are any from the 40's, there are some varieties that are worth a premium. At the least no matter the condition, they are worth Bullion value as they are 80% silver. Please show pictures of any coins you have a question on and someone will be able to help. Also  to the CCF
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Valued Member
Canada
291 Posts |
It looks like they are marked F or VF, which means 'Fine' or "Very Fine" and are grades. Most years in that grade are only worth the silver value of about 11-12x face value, but you can also use this website to check for varieties. http://www.coinsandcanada.com/coins-prices.php
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Valued Member
Canada
291 Posts |
Also: Word of warning - the "trends" value on that website and on some others are a little inflated and the Canadian coin market is a little slow. Expect to get about 50-75% of the book value if you sell on ebay.
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Valued Member
 Canada
56 Posts |
Thanks for the replies!
Jimmy, ya I did change the title, we have a bunch of dollar rolls similar to these and I got the pics mixed up. Yes we have a pile of 50s from the late(?) 30s on
KHatt, thanks for that information, much appreciated. Not really even in the "looking to sell" mode right now. Just using my other collecting experience to go through and inventory (we have boxes (6"x6"x3") full of loose coins every year from 1919 to early 80s) what we have, figure out whats worth an appraisal and go from there.
Thanks again!
Edited by ralfsnart 04/15/2018 8:07 pm
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Moderator
 United States
188052 Posts |
 to the Community!
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Bedrock of the Community
United States
10034 Posts |
 Wow! Amazing lot of coins you have there. I hope you can find some good varieties hiding in them.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Bedrock of the Community
Canada
24885 Posts |
 To the Forum.
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Bedrock of the Community
United States
94367 Posts |
 to the CCF!
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Moderator
 Canada
10456 Posts |
No such thing as original 50c rolls prior to the mid 1980s. Those coins left the mint in bags (or in wooden boxes for silver dollars) during the George VI years.... Some archive photos... ( Royal Canadian Mint postcard series)   
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
150 Posts |
 to the CCF. Try to only touch the rims, and DO NOT wash the coins that are dirty. They don't restore value, but instead damage it.
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Valued Member
 Canada
56 Posts |
Hey thanks for the welcome everyone and the info and pictures!! Did not know that. I do know, from the hard way, not to clean things. Cleaned a very expensive WWII metal and basically shot myself in the foot LOL. Did not know to only touch the rims so thanks for that! These bring back memories to anyone? I remember seeing them in the 80s but that would have been the last time they seen light. Wish they were all full!! Hahaha   
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Valued Member
Canada
395 Posts |
Welcome to the forums and nice little collection. I think alot of people in the same situation underestimate how much time it will take if you are just learning, it is extremely time consuming so deciding whether you want to sell it all, some or none should be the first decision you make. If you decide to keep it all, welcome to the hobby, it can be a great labour of love going through it. If you decide coin collecting is not your thing it will save you alot of headaches to sell in bulk to local dealers, collectors, clubs and coin shows. We just would need to know what area you are in to give suggestions. As others have said http://www.coinsandcanada.com/coins-prices.php is a great place to get an idea of value, although the values are inflated it is easy to see what are key dates and worth real money and what are not, ie a 1948 dollar vs a 1964 dollar. Knowing the key dates is important whether you decide to keep or sell as that's where almost all your non-intrinsic value comes from in a collection in this condition. Mentioned before there appears to be a grading opinion written on the side of these rolls so it looks like your grandfather has saved you some time as others have pointed out these look to just be bullion value, keep an eye out for more markings like those.
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Pillar of the Community
United States
992 Posts |
Looks like a lot of nice stuff, there.
The rolled coins are packed, and identified. I'd spend my time with the other loose items, for now, you've got a lot of work to do. You need to determine what you want to do with the collection, if you haven't already. Keep if for yourself, sell it complete, sell it over time, give the money to Grandma, whatever.
Whatever your decision, be sure to begin an inventory. Coins in books, coins in rolls, hopefully nothing is loose singles.
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Replies: 17 / Views: 3,933 |