Inherited Coins, Value Unknown

Sounds like you have some wonderful coins. Don't be too quick to sell.

I am professional dealer (grovecoin.com) and would be glad to provide offers on some of the better material. Am working on a Morgan set for a customer and seriously interested in MS quality 93S and 95S. Have just finished completing Carson City part of set with all MS63-MS65 coins.

Advise if you would entertain other offers.

MODERATION: Meaning no disrespect, neither of you have been around Coin Community long enough to be talking business. We do not allow new members to discuss business, because we cater to newer collectors and there are far too many scam artists out there. The only reason I haven't removed your post, grovecoin, even though I personally know you to be a reputable dealer, is that I need this exchange to stand as a warning to other members.

There is the additional detail that, even though you say that you're Grove Coin, we have no way of proving that here. Please understand our position.

Robocoin, if I'm guessing right (the date is hard to make out), the coin you photographed is the 1895-S. It seems (judging from what I see for luster and condition, although the pics are far too small to grade from), to be in Almost Uncirculated condition, with nice luster remaining. That being the case, it's worth a couple thousand dollars. In the same condition as your pictures indicate, the 1893-S would be worth more than I make in a year.

Be very careful from this moment onward. These coins, if real, are very valuable. For that reason, they're also commonly counterfeited. An unscrupulous dealer or appraiser will cheerfully undervalue them to beat you for as much value as they can.

I might put them in a safe deposit box after I'd written down all the types, dates and mint marks, just to be safe. After you've studied about them a while, then take a few out for photos. Don't leave them lying around - pretty please!

There might not be a more foolish way to lose much of your inheritance than by trying to learn enough to get the most value from it. With the seemingly high, high value there, please consider a top coin auction house. Auction houses attract those with deep pockets that don't mind paying book or more. They research, grade and catalog them in a way to excite the best prices. Yes, they do take a percentage of the total realized, but they can move the coins, deal with "bums", and even give you advances before the auction. If you were an experienced collector already, the advice might be different, but you have a life to enjoy with the proceeds, not years to try and move the coins yourself. IMO. You have a great inheritance!

Jim

http://www.jakesmp.net/
there are other places, for sure, but they have some neat holders for those coins of yours.

Robo,
Try cropping the background and resize to about 400X400 pixels. Use the macro setting on your camera to get up closer. You have a valuable collection there so be patient and don't rush into anything.

I got my first appraisal (or offer if you prefer). The 1893-S is sent for grading and authenticity. He said the 1861 $3 gold is real, but it has been cleaned (scrubbed). Don't blame me, I didn't do it. He made a substancial offer for the collection, but I refuse to sell until I know all there is to know about every coin, including how to determine condition. I like the idea of using the auction house to compare conditions. I've examined every coin with a magnifying glass, and I'm going to take home a stereo microscope to look closer. When I handle the coins I wear gloves, and only handle by the edges. So all you mother hens and rest assured, this collection isn't going to lose any value on my watch.
My favorite so far is the 3 legged buffalo. but I do like to hold the Morgan dollars in my hand. When you hold a Morgan dollar in your hand it feels like you are holding something that has substance. Comparing old coins to new is like comparing a muscle car to a hybrid. This forum is interesting. I will add some better photos every day. Should I put them in the image gallery?