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Inherited Coins

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Author Previous TopicReplies: 13 / Views: 1,187Next Topic  
Pillar of the Community
sn31's Avatar
United States
773 Posts
 Posted 04/29/2006  12:29 am Show Profile   Bookmark this topic Add sn31 to your friends list Get a Link to this Message Number of Subscribers
I recently inherited a few old coins.i was
Hoping you could give me some insight to
What I have.1900 V nickel,1869 Shield nickel,
1940 winged head liberty dime,1904 Barber dime,
1907 indian head,1880 silver Morgan dollar,1915
Wheat penny.all seem to be in fairly good condition
But the silver morgan was once welded into a belt
Buckle.i would appreciate any information regarding
These coins.thank you,snix.


**Edited to remaove all caps**
Pillar of the Community
scoutjim99's Avatar
United States
4589 Posts
 Posted 04/29/2006  01:20 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
First I will have to say welcome to the forum.. it is hard to give you a price on coins with out knowing the condition can you post some pictures also on some of them there might be mint marks on the morgan it will be below the eagle near the rim and the Mercury dime 1940 might have a mint mark on it on the reverse to the left of the fascies and at the bottom the morgan having showing signs of welding might just be valued just at silver content , the 1904 Barber dime might have a mint mark on the reverse at the bottom, Remember CONDITION and MINT mark, mintage are everything also you take a risk by using your email as a sign in name
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 04/29/2006  01:33 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I agree, we would need to see pictures of each coin (front and back) to even start telling you what they may be worth
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humpybong's Avatar
Australia
1262 Posts
 Posted 04/29/2006  01:39 am  Show Profile   Bookmark this reply Add humpybong to your friends list Get a Link to this Reply
Welcome to the CC forum snix.

Hope you enjoy your stay with us. Sounds like you inherited some good coins but I agree with the other posts, pictures can say a thousand words.

Pillar of the Community
United States
1203 Posts
 Posted 04/29/2006  3:40 pm  Show Profile   Bookmark this reply Add OldDan to your friends list Get a Link to this Reply
Without seeing any of your coins I can tell you this much about them. As inherited coins each one will have a very 'special' meaning all it's own and this has nothing to do with actual value or worth. The fact that someone owned this coin and seen fit to leave it to you is in itsslf a very nice thing. Sometines more than you could ever get by selling the item. Think about it!
Valued Member
CiScO's Avatar
United States
458 Posts
 Posted 04/29/2006  4:36 pm  Show Profile   Bookmark this reply Add CiScO to your friends list Get a Link to this Reply
First of all, WELCOME TO OUR FORUM!!

My first advice is, it is not wise to use your email addy as a nick--

My second advice is: WHEN YOU POST IN CAPS IT MEANS YOU ARE SHOUTING!!
Hurts the eyes--And we do not know why you are shouting--

As for your coins, they have alot of value, inherited coins are even more so.
If you are looking to cash in on this windfall, we will try to help ya, in fact some of us might even buy some from ya--Do your homework, think on what you want to do. Consider the person who left you this treasure, then make your move--
Have a NICE Day!!
Inherited-Coins

CiScO
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toast's Avatar
Australia
1091 Posts
 Posted 04/29/2006  7:29 pm  Show Profile   Bookmark this reply Add toast to your friends list Get a Link to this Reply
Here are some price ranges for a few of the coins.
The lower number is for one that is very worn the higher number is for one that is like the day it came out of the mint.

1900 V nickel price range from $1.75 to $180.00
1869 Shield nickel price range from $14.00 to $300.00
1940 dime price range from $.90 to $25.00 if not a proof

1904 dime price range from $1.70 to $90.00
1904S dime price range from $30.00 to $650.00 ("S" mint mark)
An example of the difference a mint mark makes.
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triggersmob's Avatar
Australia
9399 Posts
 Posted 04/29/2006  8:43 pm  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
Welcome to the forum, Snix.
One thing to keep in mind is make sure you don't clean the coins.
Cleaning can devalue them.

regards

steve
Pillar of the Community
sn31's Avatar
United States
773 Posts
 Posted 04/30/2006  7:50 pm  Show Profile   Bookmark this reply Add sn31 to your friends list Get a Link to this Reply
Thank you for the responses.I will try to
get pictures posted next week.I'm new to coin collecting,but very interested in finding more.
Can someone tell me the difference in a proof?
How do I know if I have any?Thank you.sn31
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Bryan1315's Avatar
United States
14454 Posts
 Posted 04/30/2006  9:59 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
a proof coin was struck with special dies and was in a 'proof" set with all the other coins for that year. Only way to get a single proof coin is to bust open a proof set and take that one coin out, unless its a special minted proof coin like the american eagle. One way to tell a proof coin is they have mirror fields and are alot shinier than a regular strike coin. unless something happened a "proof" coin should have never been in circulation. here is a picture of a 1970 proof set

Inherited-Coins
Valued Member
quarterfan's Avatar
United States
58 Posts
 Posted 05/01/2006  9:26 pm  Show Profile   Bookmark this reply Add quarterfan to your friends list Get a Link to this Reply
quote:
Originally posted by OldDan

Without seeing any of your coins I can tell you this much about them. As inherited coins each one will have a very 'special' meaning all it's own and this has nothing to do with actual value or worth. The fact that someone owned this coin and seen fit to leave it to you is in itsslf a very nice thing. Sometines more than you could ever get by selling the item. Think about it!



Oh man, DO think about it! Of my three biggest coin collecting regrets, #1 is that when I was 16 years old my favorite uncle died and a few years later when I was living with my grandmother while going to college, I found a 1929 quarter eagle in a dresser drawer that was his. It had been given to him by his grandfather (my great-great). By this time everyone in my family knew I was the coin collector and my grandmother told me I could have it. It was a beautiful coin, absolute choice AU in my opinion (as well as others I'd showed it to). For some reason just last year, after having had it 24 years, I sent it in to PCGS and it came back MS-63! Well, as I'd mentioned in my intro, I've had to liquidate my collection a couple of times due to financial strain and this was one of those times. I just couldn't afford to sit on a $1,000 coin and ended up selling it last fall at the MSNS show. I've regretted it ever since.

I've always loved coins for their historical value, not their monetary value, and having a personal connection to this coin made it 100x more difficult to part with. From what you listed here, at say average circulated grades, you might have about $50 worth of coins. I'd suggest putting them in some decent holders (plastic 2x2's oughta do it), hanging on to them, and passing them down in your family. Maybe you'll light a spark with someone

Oh, BTW, if anyone ever runs across a 1929 quarter eagle, MS-63 in a PCGS holder with serial number 21836652, I'll send you a blank check for it!
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sn31's Avatar
United States
773 Posts
 Posted 05/01/2006  10:05 pm  Show Profile   Bookmark this reply Add sn31 to your friends list Get a Link to this Reply
Thank you for the info.the 1869 Shield nickel was
given to my greatgrandmother when she was a little
girl and has been passed down 3 times when it was given to me.all these coins have sentimental value
to me,and I would like to pass them down to my son
when he is ready for them.Also,this is something I
would like to get him involved in.Something we can
do together.I'm excited about these coins,and cannot wait to find more.I found the 1940 s winghead dime in my pocket change.thanks again.
sn31
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dsking's Avatar
United States
2365 Posts
 Posted 05/05/2006  10:36 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
sn31 - I too inherited coins/currency (a rather large collection). I put them all into 2x2's and then organized them into album sets. I picked out the "better" of each coin and graded them. I have numerous "extras" and will now begin to Trade them for the coins that are "missing" in each set. As time goes by I will replace some of them with better graded coins. I keep all of the older coins however (pre mid 20th Century) as I just can't part with ones that have history or a family story. My Mom got me interested in Coin collecting when I was a teenager and now I'm over 50 and still enjoying it. I think that it was her enthusiasm and joy when she found a coin that she needed that got me excited and interested. This is a lifetime, rewarding hobby and is very addictive. To me it's better than money in the bank! Happy collecting, learning and teaching! Enjoy!

Oh and one little story. My Mom kept all of her loose change in a large, glass Piggy Bank at one time. When she decided to open the bank it literally exploded. I have a photo of her sitting at the kitchen table with coins EVERYWHERE! The glow on her face is just precious! My point - take photos of the "events"! You won't regret it!
Pillar of the Community
sn31's Avatar
United States
773 Posts
 Posted 05/05/2006  11:06 pm  Show Profile   Bookmark this reply Add sn31 to your friends list Get a Link to this Reply
Thank you dsking,I like reading about others coin
histories and memories.And your right this is
addictive.I'm having alot of fun with this,and I
hope my son will enjoy it as much as I am.He's still little,but maybe one day this will be one
of his favorite memories with me.thank you for
your story,it makes me smile.sn31.
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