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 Replies: 126 / Views: 12,113 |
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Valued Member
United States
65 Posts |
My mother passed away and I've been saddled with determining the value of her inherited coins. There are about 3000 total coins and some proof sets. I'll list a few of the most interesting and maybe someone could recommend a price. two 1926 long island commemorative half dollar look like never touched. one moses cleveland memorial half dollar a proof set which is titled "Wartime Steel and Shell Case Set" this set contains 3 steel pennies (phil., san fran, and D all 1943) and three 1944 "shell" cents, and three 1945 "shell" cents in a white plastic container. Now for the goodies! the next are all half dollars 1920 pilgrim 1893 columbian 1926 oregon trail two 1926 long island All are virtually untouched they look like new the following are Morgan dollars1893 "s" 1895 "s" 1893 paris 1900 lafayette 1861 3 dollar gold I'm taking the whole collection to be appraised, just wanted some ballpark figures to make sure I don't get ripped off. |
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Pillar of the Community
Canada
1267 Posts |
Welcome aboard, Robocoin!  Sounds like you have inherited some pretty rare and valuable pieces (the 93-s morgan is key to the series). It's impossible to give value without knowing condition........any chance of pictures? |
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Valued Member
United States
157 Posts |
Oh my Robocoin, you have quite a little collection there. Welcome to CoinForum, where we help everyone and disparage no one. Our answers here are honest and given without thought as to what we will gain by it. But, if you want to sell those puppies here, I'll bet there are some willing buyers! Include me in it. According to the RedBook, the 1920 Pilgrim Comm will go for $90 in AU50 (almost uncirculated) condition. It goes higher with a better coin, but that's a starting place. The 1893 Columbian is a bit less at AU50 - $17. The 1926 Oregon Trail is $150 at AU50. The 1936(?) Long Islands are $95 each in AU50 condition. That's just the commemoratives. I won't comment on the other coins, because I'm not as familiar with them, but this gives you some ballpark figures for some of them. But give us pictures, because that might help us better realize what condition your coins are in (and condition is EVERYTHING!) And you said they were in very good condition, so I'm happy for you, but sad about the loss of your mother. God bless you. |
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Rest in Peace
United States
4849 Posts |
You listed some nice coins there, given that they are all authentic. If real, the 1893-S Morgan will be worth thousands in ANY condition....though you should be aware that there are many MANY counterfeits. The $3 gold is also highly counterfeited(I know from experience), but would also be quite valuable if authentic. Are any of these coins certified? If you could post some pictures, especially of the Morgans and the $3 gold, experts on this site could provide some input in to their value and authenticity.
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Rest in Peace
United States
5375 Posts |
Yes, please post some pictures. And I highly recommend that you have the 1893S morgan certified. If in high grade, it's potentially worth 50000 or more. I would NOT sell it, hold on to it as an investment, that coin has been appreciating large amounts for awhile.
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Valued Member
 United States
65 Posts |
I've never participated in an online forum and have no clue as to what I'm doing. Am I responding correctly if I want to thank you all (yes I can say you all, I live in cincinnati). I will try and get some photo's on this afternoon.
In the past two days I've spent 10 hours examining all the coins with a magnifying glass and I think I'm hooked. This morning I bought something with cash, rare for me, and the first thing I did was look at the dates and mints of my change. I may have a new hobby by default.
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Valued Member
United States
302 Posts |
LOL Another one bites the dust! Welcome to the family. Before you know it you will be buying boxes of coins just for the pleasure of looking thru them  |
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Pillar of the Community
United States
628 Posts |
Welcome to the forum!
I'd get more than one appraisal.
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Moderator
 United States
187702 Posts |
Glad to hear you are interested in the hobby! It helps that you have the sentimental value of something your mother treasured.  |
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Valued Member
United States
417 Posts |
Definitely hold on to the Morgan dollars, and it wouldn't help to get those certified. All of them have mintages of less than 500,000. Looks like she was in the right place at the right time. |
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Pillar of the Community
United States
1130 Posts |
Lucky find. Congrats and welcome to the board. Please post pics when you get some time to get an approximate grade.
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Pillar of the Community
United States
2373 Posts |
Welcome to the world of numismatic heroin! One look and you are hooked! Looks like your Mom gave you a monster head start. God Bless her. nlp
Edited by nlp coins
06/23/2008 1:29 pm
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New Member
United States
17 Posts |
The 1893-S in VF is worth $6500! Nice inheritance!
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Pillar of the Community
United States
1283 Posts |
robocoin, first I want to say I'm sorry to hear about your mother. As for the value of the coins, as others have said, you have quite a collection. If you post pictures we can have a look for you. You can also compare the coins to (recent) Heritage closed auctions to get an idea of the grade and value. They have nice, high resolution photos but you'll need to make an account. And make sure you pay attention to the title... if they give a grade followed by "Details, cleaned" or "scratched" or anything of the sort, it's worth less than a 'problem free' coin. http://coins.ha.com/default.phpPS: If you plan to sell the collection do NOT do so until you've thoroughly done your homework. "Inheritance" is music to a shady dealer's ears. Edited by USArmyParatrooper
06/23/2008 4:31 pm
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Valued Member
United States
157 Posts |
Agree with ArmyParatrooper. If you take this coins to any dealer they will first tell you all the things which are wrongwith them, scratch here, there, etc. Rust. They will make you feel like your coins are worthless, which they are not. Yes, you need to do the homework and first thing, buy a Red Book at your local hobby store. Get the 2009 edition. Look up your coins, and read about how each coin is graded. Different types of coins are graded differently. YOU need to know this before you even begin to think about selling. Why? We may be talking about thousands of dollars here difference. Yes, it would be easy to go to a dealer and unload them, but your mother didn't collect these treasures all these years, just to have them dumped for a quick buck. Take your time and decide which you want to sell, and which you want to keep. Everyone on this forum is a coin lover of some sort. And be careful not to scratch them. See, we're all like mother hens about someone else's coins. Imagine how we treat our own!! |
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Rest in Peace
United States
4849 Posts |
I don't know about anyone else, but I'm salivating for pictures of the key morgans! *drool*
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Replies: 126 / Views: 12,113 |
Posted 06/22/2008 11:49 pm
