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Author Previous TopicReplies: 4 / Views: 862Next Topic  
New Member

United States
0 Posts
 Posted 01/15/2009  12:33 pm Show Profile   Bookmark this topic Add LMD to your friends list Get a Link to this Message Number of Subscribers
Hello. I've inherited a large collection of US coins and international coins and paper(late 1800's, early 1900's). This includes silver dollars, half dollars, pennies, dimes, nickels, etc. It's varied to say the least. Also included is international paper currency (Russia, Germany, Poland, Asian coins, etc. and many others). I have no experience/knowledge in coin collecting or values. Can anyone advise me as to a safe way to have it appraised and who or what sites are trustworthy. It is now in a safe deposit box. I would like to actually sell the collection eventually to combat some college tuition bills. I'd appreciate any suggestions. Thank you
Valued Member
United States
284 Posts
 Posted 01/15/2009  2:44 pm  Show Profile   Bookmark this reply Add christian_cyclist to your friends list Get a Link to this Reply
Probably not the easiest way to start, but certainly effective: check out the PCGS price guide on their website (it's free) or go to the library see if you can find a price guide there. You will have to sift through your coins but the prices should give you an idea of the value of the coin. Granted, PCGS shows values for graded coins. But, for example, you will quickly see that a 1968 Washington quarter isn't worth that much unless it's in near proof condition.

Check out Don's World Coin Gallery (http://(131231) Not Allowed - Auto-Removed /). He has some values listed for most coins. It should give you an idea of the value.

Going through a collection coin by coin is time consuming but you will really understand what you have and know it better than just a "pile of coins".

-- Boris
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SeatedNut's Avatar
United States
2797 Posts
 Posted 01/15/2009  3:05 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Sounds like you need a reliable, honest expert to appraise your inheritance. You won't find a listing in the yellow pages for what you're looking for. Some recommendations: Visit some local coin dealers and "feel them out". This is an honesty test you can do by taking in a random sample with some advance knowledge of condition and value. If their appraisal is close you may want to deal exclusively through them. You may also want to drop in on a local coin clubs meeting and find out from the members who is knowledgeable, trustworthy and fair. Then approach them with your proposal. There are a lot of sharks out there and the only way to stay safe is to be able to recognize one when encountered. If you need help getting started, you could post a couple of pictures on the grading thread and we could give you our assessment on condition and "real world" value. There are experts here in both U.S. and International coins and currency.
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/15/2009  3:12 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I see that you are in the Boston area so I would recommend J.J. Teaparty, they are a reputable dealer that has a shop in Boston but they also travel to many shows. I have done business with them before and I have found them to be very accommodating, helpful, and fair.
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United States
1231 Posts
 Posted 01/15/2009  7:30 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
I also would recommend JJ Teaparty for an appraisal/estimate. Also the 45th Bay State Coin Show is March 20-22 at the Radisson Hotel on Stuart St,Park Square. I know I will be going. It's just down the road for me here in NH

I would advise against using the PCGS pricing guide as the prices are usually on the high side and might get your hopes up. And the guide wouldn't really help if you couldn't grade coins youself. And who's to say you grade exactly the same as PCGS.

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