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 Replies: 18 / Views: 3,852 |
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New Member
United States
39 Posts |
Hello, I am new here and really don't know if this is the right kind of site for what I am interested in or not. This looks to be mostly a numismatic site. Years ago a relative past away and left us some old coins and some currancy. About 12 years ago I sorted through them and seperated the loose coins into what I THINK are common condition circulated coins. I have others that I THINK are better conditon coins. I have further seperated things like Mercury dimes and Buffalo nickels from the more recent ones. All coins that I am referring to here are 1964 and older. I also have a big bag of old foreign coins many of which I have no idea what country they are from. The relative that had these was in the military in WWII and I believe they were gathered at that time. My current thoughts are to sell off some of the "street coins" (if there is such a term.) Of course I don't want to see a collectable coin melted down but at the same time I don't want to devote an inordinate amount of time in the culling process. I have also been searching the Internet trying to find a source that buys or melts these coins without paying middle men too much money and have had little sucsess in finding an answer. I will just start here and later ask about some specific coins that may have more value or something that some of you may have interest in. If some portion of this post needs to be moved, have at it, just let me know where it is. Thanks, Darryl |
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Bedrock of the Community
United States
10284 Posts |
I'm tighter than the skin on a hot dog myself so I would be glad for your problem. I would go through everything one piece at a time and make sure I didn't let one coin better than bullion value slip by me. No matter what, unless you have the education you need, you will most likely give away coins you could have done better on. Even worn coins can have a lot of value. So I would say, learn at least the basics of identifying your coins and the basics of grading before heading to the melting pot. The World coins aren't eating anything so I would just sit on them for awhile. You found the right place alright. CCF people are great and will help you make better decisions in this area with their experience. and  |
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Pillar of the Community
United States
1418 Posts |
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Moderator
 United States
16679 Posts |
Wheezy stated it perfectly. Welcome. Don't be afraid to post pictures too if you like help grading ;-)
swcoin.ecrater.com
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New Member
 United States
39 Posts |
Before I get started taking pictures of coins maybe someone has some suggestions. I have a simple Fuji FinePix 1300 digital camera that unless someone knows of a simpler quicker way, I have to take the picture, then download it to my Adobe program, and then attach it to a post for you people to view. This all take quite a bit of time. Are there any shortcuts anyone can offer? Also, any tips on how to get good photos with a camera like this?
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Pillar of the Community
United States
4846 Posts |
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New Member
United States
39 Posts |
Yes, I have a scanner. Suggestions?
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Pillar of the Community
United States
651 Posts |
Go to a local library and find some resources as to what you have there. Take your time and know what you have there.
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New Member
United States
39 Posts |
I want to sell these coins but see from the sites rules that I have to be a member for 90 days and/or have a certain number of posts in order to post them in the for sale section.
I have scanned just a VERY SMALL SAMPLING of some of the silver coins I have. I have 48 POUNDS of silver coins which I would guess is a pretty sizable amount in just silver melt value.
The sampling has .50, 1.00, Peso, and a U.S. Columbian .50 as examples. I also have .25, .10 and .05 as well.
The samples I have taken pictures of have all of the coins that I have that were graded at least 20 years ago. I don't know who graded and valued them at that time but the envelopes are pictured above them. I also changed the contrast and brightness of the scans in my photo program as the scans cam out very light in their original composition. Just letting everyone know this as I don't what to misrepresent anything. None of these coings have been cleaned since I have owned them (12 years) and it does not appear that they were previously.
I don't see a way to post pictures here so maybe someone can help me out with it.
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Pillar of the Community
United States
2335 Posts |
The more time & effort you are willing to put into the coins the more money you will get for them. The easiest way to sell would be to lump them together by denomination & sell them as groups either on ebay or your local dealer. Either way you should be able to get close to melt value....assuming your local dealer is reputable. If you have something worth more than melt you won't get paid for it. We have a lot of knowledgeable people here but we aren't miracle workers. If you put up a scan with what you think is a representative sample all we can do is give an opinion of those coins based on that picture. The opinions will only be as good as the level of detail in the picture......and if you have rare date coins that are not in the sample you miss out completely. If you have mostly US coins your best bet would be to get a RedBook. Then separate everything by date & denomination & compare them to the prices in the book. You will see in the book that certain dates are worth much more than others, take detailed individual pictures of any of those & post them for a grading opinion. Keep in mind the RedBook is a retail guide & you will probably not be able to sell coins for those exact prices. |
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Valued Member
Canada
307 Posts |
unfortunately nothing in life worth doing is fast or easy....if you just dump of any coins without really understanding what you have you could lose more money than you should.....the only way to make an educated decision is to gain knowledge...since you have such a large variety it is a daunting task...I don't know about the American system but here in Canada we can get books that we call buy guides...they give us an idea which coins are valuable and which aren't maybe they have the same idea "down south". 48 pounds of silver there has to be at least a few coins in there worth keeping...to have such a large stash to go through some people have all the luck  |
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Moderator
United States
188213 Posts |
OP posted some other content here: https://goccf.com/t/69851Please continue topic this thread. It will help those that are trying to help you if they can keep everything related to this in one place.  |
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Pillar of the Community
United States
4846 Posts |
 anyway Quote:
Yes, I have a scanner. Suggestions? you can scan the coins |
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Moderator
United States
188213 Posts |
After seeing Adam's reaction, I might need to add some commentary! Darryl, I hope you will not take my previous comments the wrong way. One thing to realize is that it is important to keep related discussions in one thread. For every one person that replies to a topic, ten more might read it as members, and 100 more might read it as a guest. What you learn here can help others. Some will find this discussion days, months, or years from now. If the information is scattered amongst many topics, they may give up and lose out on the answer they seek. I hope this makes sense. If not, let me know.  |
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Bedrock of the Community
United States
20753 Posts |
Take your time, go looking for a copy of the Red Book by Whitman Publishing. Get to know what you have. There are some modern coins that are worth a lot of money so don't think a coin has to be old to be worth keeping. Also, there are many web sites that have listings of coins so you can compare what you have with those. ebay for example. The PCGS web site has a massive listing of values but as overly done as the Red Book. |
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Pillar of the Community
United States
651 Posts |
Do your homework as I mentioned before. For added help, find a local coin club.
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Replies: 18 / Views: 3,852 |
Posted 08/06/2010 11:05 pm
