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 Replies: 16 / Views: 29,536 |
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New Member
United States
2 Posts |
Hello, I'm new to the forum and to coin collecting in general. I recently inherited my grandfather's collection and am really enjoying the look and feel of the old coins. It's the first time I've ever even felt a silver coin before. It feels like real money! Anyway, my grandfather has dozens of Morgan silver dollars that I've been working through and sorting and I've found a few triplicates that I'd like to sell. I'm in New York City and would like to find a reputable dealer to deal with. I think several of the coins are rarer years and mints and I don't want to get stuck going to an unscrupulous dealer who will take advantage of a noobie (like me). Any suggestions would be much appreciated. Thanks. |
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Pillar of the Community
United States
1429 Posts |
You are better off selling outside of NYC
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Valued Member
United States
459 Posts |
There are some excellent and honest dealers I have found in NJ, less than 10 miles from NYC. Just Google search "coin shops" a little map will come up and show you where they are. Call some and when you like the sound, drop by.
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New Member
 United States
2 Posts |
Yeah, Zohar, that's what I was worried about.
Thanks for the suggestion nybird, I'll look at places in NJ.
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Pillar of the Community
United States
1388 Posts |
Before you sell to any dealers, may I suggest you buy a Red Book and research the coins you have. Take your time and learn, knowledge is power, and the more knowledge you have is the more money you can make in the long run. Check completed ebay listings as well to see what the trends are. Just my humble opinion... Good luck  |
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Valued Member
United States
460 Posts |
I agree, buy a Red Book. If you want you can even post the pics here so we can help you. You are not aloud to sell them on here until you get 250 posts but we can help you with price range and condition. |
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Valued Member
United States
463 Posts |
first welcome to the forum Please to not clean or polish any coins as they will loose some of their value if they are in fact rare. Another good reference is http://www.numismedia.com/fmv/fmv.shtml and you will give you a good starting point for everything |
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Pillar of the Community
United States
3278 Posts |
Quote:
You are better off selling outside of NYC
Just curious, why? Surely there are honest people in NYC. |
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Pillar of the Community
United States
1429 Posts |
1) Not many dealers in NYC
2) Rent is higher in NYC, therefore spreads need to be higher relative to other locations.
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Pillar of the Community
United States
2200 Posts |
Actually, you should buy a Blue Book, not a Red Book. A Red Book gives you an idea of how much you'd have to pay to buy a certain coin. The Blue Book gives you an idea of how much a dealer will give you for your coins. |
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Valued Member
United States
59 Posts |
here are the photos that I originally intended to show...hope these will all be sufficient for assessment.   |
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Valued Member
United States
81 Posts |
Hi Alex,
1879-CC Morgan is a nice coin.
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Valued Member
United States
81 Posts |
Hi Jonesy,
Try Heritage at Park Avenue near 57th. They can give you an idea of what your coins are worth? No need to sell outright.
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New Member
United States
1 Posts |
Hi guys  this is my firs time here I really need help with selling my coins to . redbus Do you have the address for the place on park ave please. |
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Pillar of the Community
United States
4337 Posts |
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
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New Member
United States
1 Posts |
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
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Replies: 16 / Views: 29,536 |
Posted 04/05/2011 4:07 pm
