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Inherited A Collection

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Prunmas's Avatar
Canada
6 Posts
 Posted 08/04/2018  8:20 pm Show Profile   Bookmark this topic Add Prunmas to your friends list Get a Link to this Message Number of Subscribers
Hello I inherited a coin collection, I have about 200 silver dollars ranging from 1962-1967 and about 4 of these https://www.cdncoin.com/product-p/100572.htm and about 6 of the gold dollar constitutions as well, I would like to know if they are worth anything besides smelt value.
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commems's Avatar
United States
12263 Posts
 Posted 08/04/2018  9:28 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

The melt value of the $100 Year of Peace gold is about $788 CAD, so if a dealer is selling it for $825 CAD it tells you that its value is mostly based on its bullion value. A dealer would likely offer you less than $700 for the coin (potentially much less). The same would hold true for the 1982 Constitution $100 gold coins.

Regarding the silver dollars.Were they collected from circulation? If they were, the value is likely tied to their bullion value - currently about $12 CAD each. Coins in uncirculated grades, however, would be worth more; it's likely there is no one answer that covers all your silver dollar coins.

If the coins were collected from sets (and never circulated) they have a premium beyond their melt value. More details about the individual coins (and pictures) would be necessary before fully-accurate answers can be given.

It might make sense to take them to a local coin dealer and get their assessment - or to a local coin club meeting. I wouldn't sell anything to a dealer on the first trip, however. Use the first visit to learn more about the coins and then come back here and tell us what you've learned. It's likely we then will be able to give you better guidance.


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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/04/2018  9:33 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Well said.
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spru's Avatar
United States
12477 Posts
 Posted 08/04/2018  11:39 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
and this is the most important part:


Quote:
It might make sense to take them to a local coin dealer and get their assessment - or to a local coin club meeting. I wouldn't sell anything to a dealer on the first trip, however. Use the first visit to learn more about the coins and then come back here and tell us what you've learned. It's likely we then will be able to give you better guidance.
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JimmyD's Avatar
Canada
21597 Posts
 Posted 08/05/2018  12:46 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
For the Silver Dollars to have any premium above melt, they
would have to be uncirculated and high MS.
Those are all common years Charlton does not even list any of them below MS.
There are just too many of them out there to have much value
above melt except for the higher grades and even then these would
have to be certified.
Edited by JimmyD
08/05/2018 12:47 pm
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