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Hello All, Noob Here - Inherited A Bunch Of Coins, Built A Database, Now What?

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RexKramer's Avatar
United States
10 Posts
 Posted 11/12/2020  10:05 am Show Profile   Bookmark this topic Add RexKramer to your friends list Get a Link to this Message Number of Subscribers
Hello all, I have just completed a database of coins from a recently deceased relative for the family. Quite a bit of randomness but they liked half dollars. I also have stamps to deal with next.

Now that I have a full database I need to figure out where to start to offload these. Ive done some homework. The 15lbs of pre 64 quarters is going to Kitco. They where purchased that way in the 80's.

Family is going to keep and dived some silver and gold while everything else will be sold. Example, I have large collection of wheat pennies (no copper 43 or steel 44) from 1909 to 1958. Theres also a graded gold 1910 indian 2.50 slabbed. Also I wanted to start first with these Canadian Bison Silver Proofs x70, yes they had 70 of these in individual cases/boxed. I know what Kitco will pay(silver only, they are %50) but is there any value beyond that and where do I post to find out.

TLDR: inherited a bunch of coins, built a database, now what?

Thanks
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jbuck's Avatar
United States
188130 Posts
 Posted 11/12/2020  11:52 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

Your post was moved to the appropriate forum for the proper attention.
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tdziemia's Avatar
United States
7937 Posts
 Posted 11/12/2020  1:28 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
Also I wanted to start first with these Canadian Bison Silver Proofs x70



Have you checked ebay? I am seeing the 2014 $20 coins selling for upwards of $33 net of shipping, but not net of fees (about 13%).
Edited by tdziemia
11/12/2020 1:28 pm
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RexKramer's Avatar
United States
10 Posts
 Posted 11/12/2020  2:49 pm  Show Profile   Bookmark this reply Add RexKramer to your friends list Get a Link to this Reply
Thanks you for putting this in the right spot! Yes Ive seen the ebay listings prices are all over the place, I'm going to want to sell them all at once. Guess I can post on ebay and see what happens. But I need to dig out my good camera and take some better pics of coins. Lots of info on this site!

Thanks
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NumisEd's Avatar
United States
5178 Posts
 Posted 11/12/2020  2:56 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Have you considered enlisting the help of an auction house? You might get a good deal on grading cost and the listing fees might not be much more than ebay. Not to mention they will do all the work for you.
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jbuck's Avatar
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 Posted 11/12/2020  5:26 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Thanks you for putting this in the right spot!
You are most welcome.
Bedrock of the Community
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 Posted 11/13/2020  09:10 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Good luck
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twslisa's Avatar
United States
790 Posts
 Posted 11/13/2020  11:33 am  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
Welcome to the forum!

I found myself in a similar situation a few years ago when Mom moved down to assisted living and we cleared out her safe deposit box. My grandpa had quite a stash of coins and stamps. Like most coin newbies, I was just sure this was a huge treasure until I realized that he'd once had TWO stashes of coins; one was his actual collection, and that was stolen when his house was burgled shortly before he passed. The other, which the burglars didn't find, consisted of well-circulated coins that he'd pulled out of his till every night after he closed his business. So what I have is mostly well-circulated silver and lots of wheaties . No key dates—those must have gone into the stash that got stolen.

So in my case an auction house probably wouldn't be too interested—not enough real value there to bother. Which is fine. For now I'm enjoying them. They're still a treasure to me because they were Grandpa's, and I don't mind having some precious metals in my so-called "portfolio."

In your case, if the coins are in good shape, it makes sense to at least check with an auction house. It would simplify things for you, (you wouldn't have to photograph all those coins and wouldn't risk posting a cherry-picker coin for less than it should go for).

Good luck!
Edited by twslisa
11/13/2020 11:34 am
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jbuck's Avatar
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188130 Posts
 Posted 11/13/2020  11:36 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
For now I'm enjoying them. They're still a treasure to me because they were Grandpa's
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