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 Replies: 19 / Views: 4,211 |
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New Member
United States
4 Posts |
Hello All,
I posted in Welcome today, the short story is I'm working on getting the value of several coins in a briefcase for one of my wife's clients. Several people asked me to post some pictures, so here they are. I also have several questions:
%90 of these coins are certified and sealed, is there a way to properly identify them based on their serial number?
The ones that don't have a serial# (INB certified) how do I get a value for them?
Does anyone know of a group in AZ - Chandler area that can help, or a good dealer?
I will post pictures next, but these are just a small sampling.
any comments and suggestions welcome.
Thanks.
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Bedrock of the Community
United States
12437 Posts |
Who graded and certified the coins? I see you mention INB and I hope the coins are not "certified" by them because the plastic would basically be worthless. INB is not a grading company, it is an ebay seller putting his own inventory into a plastic shell. Consider the stated grades to be worthless... |
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Pillar of the Community
United States
1801 Posts |
Post pictures and the forum will be happy to help you.
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Valued Member
United States
320 Posts |
First, it seems no photos are attached. Second, I can tell you from a recent experience that Xavier's coins in mesa at Power & Main (or Apache) does appraisals, cost for a business transaction was recently quoted to me at $50/hour. Their quote is wholesale value, ie what they'd be willing to purchase it for, so your client might not like what they hear, but it gives you a baseline anyway. I like this shop a lot, I haven't bought much more than supplies from them but they've got a lot going for them. There's also a Phoenix Coin Club and a Mesa coin club both of which I have seen on the internet but neither of which have I ever been to. You can google them pretty easily to get locations/times/etc. Another research tool is numismedia.com, which provides the collector's value for free... very good tool if you wanted to do it yourself and would be easy to do since you already have the grades. BUT...before you go there, check out the graded coins to see who graded them. I am assuming (hoping) the encapsulated coins are done by a reputable company, in which case those numbers will be good... but some people make their "own" slabs and over-grade their coins to sell to the unwary collectors at a high profit. SO check out who graded those coins before you check out numismedia and look at the prices. As to the serial numbers, the two most popular grading companies are PCGS and NGC, both of which have an online lookup... http://www.pcgs.com/cert/ and http://www.ngccoin.com/certlookup/index.aspx respectively. If it's someone else and it's a reputable company you can probably google them to find it. |
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New Member
 United States
4 Posts |
I see there is a bit of a learning curve posting pictures, and after fighting /w that for way too long I went /w Imageshack. First up is a 1884s $1 MS65: http://img707.imageshack.us/img707/...84s1ms65.jpgNext is an 1890s $1 AU58 http://img34.imageshack.us/img34/63...90s1au58.jpgYes, they are different certifiers, INB, First Strike, NGC, and NTC. I've got some more pictures to post, but I've got another busy day tomorrow, so I'll try to get them up this weekend. Thanks again for the continued help everyone. |
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Valued Member
United States
312 Posts |
NTC (the grader of that first coin) is not a reputable grader and there is no way that coin is an MS-65. A better photo would be needed to actually grade it.
NGC (the grader of the second coin) IS a reputable grader, though it's a common year at an AU-58 (barely circulated), with the value of silver so high, the coin is not worth a lot more than the silver itself. There is about $30.60 of silver in it, but it might bring about $40 to another collector.
Edited by mshev
04/08/2011 10:21 am
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Moderator
 United States
56855 Posts |
 John1  |
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Valued Member
United States
455 Posts |
Lewisb62, Can you post more photographs of the coins you want an opinion on? At your convenience, of course. It looks like the forum has been a little brittle towards the coins you posted. At least it isn't sugarcoated giving you false ideas and hopes but don't let the first two that you posted affect the rest of the slabbed coins in your briefcase. There very well could be some desirable ones in there and I'll be more than happy to take a look and give you my honest opinion.
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Pillar of the Community
United States
4000 Posts |
Yes, please show the rest. Even though some of the coins may be in "basement slabs" doesn't mean there isn't anything collectible. It only means that the stated grade isn't reliable.
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New Member
United States
38 Posts |
I have to say that the hairlines are looking good on that Morgan. Maybe not MS65 due to marks on the background
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Valued Member
United States
312 Posts |
Even if it was just a briefcase full of silver, it could be worth quite a bit... lewis - The NGC ones should be pretty easy to price using numismedia as "secret agent" suggests. However usually the prices are inflated. A lot of times it better to compare with similar past sales on ebay. Keep in mind that if the person is looking to sell, ebay or other auctions will have fees, while dealers will offer a low enough price that they can make a profit selling at or below book value. For the non-NGC coins, we'll be able to provide help with the actual grading so that you can then better determine value. Also, regarding the 'first strike' coin - I assume this is actually either PCGS or NGC. First strike is a designation they use(d) to indicate a coin is of an early release date. Mike/lewis - There are marks both on the background and cheek. From what I can see from that photo, the coin is probably either at or below an MS-63. |
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Pillar of the Community
United States
3540 Posts |
Agree with the above.
List ALL of the dates/mintmarks and company that certified them.
Board members will request pictures of the coins with the possibility of being valued at more than spot silver price.
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Bedrock of the Community
United States
17884 Posts |
It is also important to identify the coins correctly. You said the first was an 1884 S in 65, it's actually an 84 O, probably in 63 as mentioned. BIB BIG difference in values. An 84 O in 63 is a fairly common coin. An 84 S in MS-63 would be into five figures. An 84 S in MS-65 would be six figures.
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New Member
United States
4 Posts |
Thanks everyone for all the tips and suggestions. Sorry for the late reply, my wife does taxes / books, and we have two toddlers, so I'm pretty busy. Here is a shot of the briefcase: http://img196.imageshack.us/img196/.../brfcase.jpgSo that's what I'm dealing with a case /w coins in zipped locked bags. It's a bit daunting, but I'm trying to get it orginized and cataloged. I'll post more pictures as I get my head around it better. |
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Pillar of the Community
United States
4000 Posts |
Third party slabs or not, that looks like it would be a blast to go through!  |
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Valued Member
United States
172 Posts |
wow the picture of the briefcase is pretty exciting.....could be some hidden gems in there......cant wait to see some pics!! the people on this forum will deffinitly be the most unbiast people so any pics and questions would be best answered here....not knowing any reputable dealers can be scary because there are some people out there that will not give you honest answers and appraisals......if I were you id stick with this forum and ask as many questions as you can and post as many pics as you can......good luck with whatever you decide to do with them, but I'm sure everyone here would love to see whats in the mysterious case ;)
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Replies: 19 / Views: 4,211 |
Posted 04/08/2011 12:39 am
