Inherited Coins - Page 2 - Coin Community Forum

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Author	Replies: 21 / Views: 2,714	Page: of 2

WpgLwr Pillar of the Community Canada 1082 Posts	Posted 01/23/2009 5:40 pm Over $800 in loose change? Wow, does that bring back memories. When my mother died in September '06, she had named me Executor. My brother was content to let me do all the work regarding the house and furnishings, so I dove in. I found little pockets of change all over the place. $200 in loose quarters in the vanity under the bathroom sink; $150 in rolled coin up in the attic; $600 loose in a big Tupperware container in the basement, and smaller ($10 - $50) bunches squirreled away in about eight other places. There were also little deposits of bills in jacket pockets, under the dresser, and even in old mail piled up in the kitchen. It almost got to the point where I was afraid to throw anything away without checking it for money first -- one night I'm going through a sheaf of old mail in the junk drawer in the kitchen, and I pull something out of an old envelope that turns out to be $400 in $50 bills. All total, there was about $3,600 in various places throughout the house, the strangest of which was 3 brand new $100 bills rolled up and nicely tucked into the barrel of a 12 gauge shotgun that was my dad's. The bank tellers got used to me coming in with rolls of change to get rid of. I get the feeling that mom couldn't be bothered going to the bank all that often. She must have hated waiting in line or something. Unfortunately, there was very little collectible, other than a couple of nice fresh 1969 $20 bills found in the bottom of the cedar chest, and a 1954 $50 bill (not a Devil's face, though), under the silverware tray in the kitchen drawer. She was also setting aside U.S. State Quarters (as well as other American change), and had a bunch of the 1992, 1999, and 2000 commemorative Canadian quarters. As for real silver, I found less than $5 worth. Report this Post to the Staff
SA4H Pillar of the Community United States 2764 Posts	Posted 01/23/2009 8:54 pm Welcome to the forum, this is one of the greatest place for coin collecting info that I had ever found... no book and no-one can suplement it! All of those suggestions are great. I just want to sum them up and add a little: 1) Read some reference books and articles online or in this forum. 2) Catalogue all of your coins (sort and organize them by denomination - year - mint mark) and using a simple Excel sheet to keep track of them. 3) As you catalogue and sort those coins, store them away until you can come back and spend more time on each individual coins. *For short term storage (a few weeks to a few months) of circulated & low value coins, you can store them together plastic ziplock bags. For long term/uncirculated/high value coins, try to get some "coin flip" and store them individually - you can get these coins flip at any coin shop/coin show or online. When handling the coin, try to hold each coin on the edge, NOT on the face/middle of the coin (not good practice), especially with uncirculated coin. 4) Do NOT clean/rub the coin with anything (not until you learn and know about cleaning and these actions' impact on the value of your coins. 5) Once you have finished catalogue your coins and decided to asset value or sell your coins, you can take pictures, post them on here and ask people to grade/evaluate/appraise them for you (you can learn about grading and asseting value at the same time). You can achieve the same result by bring your coins to a coin show (get multiple opinion is better than just go to one single coin shop). Only sell your coins after you have a better/enough understanding of what you have (your coins) - unless you really need the money or don't really care about those coins. 6) If you stick around long enough (posting 50+ quality post) then you can begin trade/sell/buy coins in this forum - this may not have a lot of traffic/exposure but the people here are 99% honest and trustable - you should be able to get a reasonable offer/price **Ebay is also a good place to sell your coins, but you need to know what you are doing (as an ebay seller - know about the fees and as a coin seller - know your coins, know how to list your coins, and know how to take & post good pictures). We are here to help each other, so if you have a question, someone in here will have an answer for you. Good luck, have fun with your coins, enjoy this as a hobby, & make sure to ask questions. Report this Post to the Staff
sparkyjim New Member United States 20 Posts	Posted 01/24/2009 3:23 pm To "s.a.4hire"-thank you. thats the info. I'm needing. To "photo"- yes, there are MANY 50c pieces. and that's one of the burning questions about the "not old,but still have more than face value" coins, that I need to learn about and go through. What years where a collectable or valueable mint, etc.? To "wpg"- our moms where from the same depression era I think. Their stashing of monies came from a 2 part reasoning; 1. given the current insecure times and unscrupulous people. (rest assured,she knew where every single stash was) I found aprox. $6000 around her house,and not done yet. 2. In the depression, the only people that had,or where able to get anything, where the ones that had cash on hand. Bless their big-o-hearts, they were'nt getting caught with gaurd down again. *I tell people, about my mom. "If you ever wanted to meet an angel, and you were'nt paying attention, she just left" Once again gentlemen, thank you very much for the helpfull information. Report this Post to the Staff
sparkyjim New Member United States 20 Posts	Posted 01/28/2009 1:07 pm in reference to photoerics'mention of "50 cent pieces", yes, alot. here they are. please tell me if any of these general years raise a flag, as I havent gotten a Red Book yet.(but I will)listed by qty. mint check will be next. I will list if intrested. 29-2001, 19-2000, 82-1999(many pristeen), 62-1998 loose & 2 rolls by"fitzgeralds casino", 51-1997, 49-1996, 33-1995, 34-1994, 14-1993, 13-1992, 11-1991, 16-1990, 13-1989, 4-1988, (no"87), 7-1986, 2-1985, 16-1984, 7-1983, 3-1982, (no"81), 10-1980, 5-1979, 5-1978, 7-1977, 51-bi's, 23-1974, 14-1973, 18-1972, 67-1971,(no 68,69,70) 4-1967, 1-1966 Report this Post to the Staff
Metalman Pillar of the Community United States 7123 Posts	Posted 01/29/2009 6:09 pm sparky everyone here comes and goes and sometimes it takes a little while for answers . from the list that you provided , the 66 and 67,s are 40% silver and have that value regardless of condition even though very high condition MS-66 and above carry a nice premium above the silver value . ,, the rest are largely circulation years and the value is dependant on condition more so than on mintage numbers . Report this Post to the Staff
sparkyjim New Member United States 20 Posts	Posted 01/31/2009 7:50 pm Thanks, just wanted to check with you that know, before I dump them into a coin cashing machine. I am going to make a 50c book up before I dump the rest. Report this Post to the Staff
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