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 Replies: 14 / Views: 16,061 |
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Pillar of the Community
United States
721 Posts |
In cleaning out my mother-in-law's basement, I came across four wooden-framed coin collections from the '70s: 1) The Silver Story 2) Wartime Coinage 3) Lincoln Memorial Coins 4) United States 20th Century Coins All of the framed collections are original and in good shape (no major damage). Some of the coins (wartime coinage in particular) are extremely worn and polished smooth, so they do not have any numismatic value. On the other hand, a couple of the Morgan dollars are lookin' pretty good (not MS, tho). All of the dates are common, of course, and I would be very surprised if any of them have the rarer mint marks for the dates. (I can't see the reverses.) The 20th Century Coins collection has the most silver at just over 3 ounces. I want to remove the coins from the frames. I do not think they are glued, so it should be easy to do. Some will go in my melt bin, others are good enough to keep and some will be simply spent. However, is there any reason to keep them in the original frames, in your opinion? I get the impression that these sets were pretty common at the time, and if they sell today, they probably sell for melt value of the silver they contain.
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Pillar of the Community
United States
2120 Posts |
Quote:
I get the impression that these sets were pretty common at the time, and if they sell today, they probably sell for melt value of the silver they contain.
I think you have the correct impression. |
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Pillar of the Community
United States
3540 Posts |
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Bedrock of the Community
United States
20753 Posts |
Depends on what you think of coins. My suggestion would be to just pass them on to next in line in the family. Might not be something of excessive value but could start a family tradition. Since not really worth a lot, might make a decent family item. As you mentioned all are in good shape so why distroy them? Just find a family person that might collect coins or may start and give them to them.
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Valued Member
United States
135 Posts |
I just saw 2 framed set of memorial cents sell for a ridiculas price at an auction. They both had maybe 10 memoral cents, nicely framed and they sold for $15 apiece. I was just shaking my head.
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Pillar of the Community
 United States
721 Posts |
jewelcard - perhaps the frame was worth $14.95? lol
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Valued Member
United States
406 Posts |
I've got a Wartime Coinage frame like this that my grandfather passed down to me. The 1943 steel cents are in very nice shape, but all the others are pretty worn. I imagine these collections are pretty common. If it wasn't for the fact that my grandfather gave this set to me (and therefore I am keeping it), I'd remove the coins in a heartbeat. Also, on mine at least, if one removes the back of the frame the reverses of the coins are visible and I expect they would be easily removable.
Edited by ljenkins990
06/13/2011 11:13 am
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New Member
United States
1 Posts |
I have the same set of 4, plus 4 of the Kennedy Mint series framed. I received the first set from my Grandmother when she passed and the other set came from my wife's Grandfather. They were in the exact same frames so they are now hanging in my office. I plan on handing them down someday. Here is low res photo... best I could do on my cell.  |
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Valued Member
United States
438 Posts |
what if all the coins are AU or BU? The value of the Barber dime, quarter, half, and the Standing Liberty quarter, walker, mercury, and buffalo type 1 and 2 would be worth far more than melt value in AU-BU? That set could be worth much much more. I am working on the 20th century type set (the 56 coin version I think my sheet says" and it is costing me more than melt... I want nice coins for my set though |
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Pillar of the Community
United States
1745 Posts |
I have a cheesy Bicentennial one in my basement. Most coins are replicas and the few real ones are highly polished. I will snap a picture tomorrow.
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Moderator
 United States
188213 Posts |
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Here is low res photo... best I could do on my cell. I recognize the Lincoln Cent frame in the upper right corner. I think I have that same set. It was a Christmas present in 1983. The Two Cents at the top show the memorial and wheat reverses. There are three steel cents down the middle below the picture (Norman Rockwell's "Freedom of Worship"). The other cents are obverses from 1959 to 1982. |
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Valued Member
United States
397 Posts |
I don't have those EXACT sets but I recently purchased something like 6 sets off a older gentleman recently. I find ALOT of Kennedy silver sets out there that are framed and similar.
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Pillar of the Community
United States
1151 Posts |
All the coins put into frames like that are usually very common and highly polished. Its too bad that some are polished because I am almost certain that someone would like to own them.
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Pillar of the Community
United States
1064 Posts |
I have The Silver Story and The War Coinage - I got them as gifts years ago, I kinda like them for what they are  |
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Moderator
United States
188213 Posts |
Quote:
All the coins put into frames like that are usually very common and highly polished. Very common, definitely, but not always highly polished. I actually have three framed sets from my youth. The other two are for Washington and Jefferson. All of the Lincoln cents have original surfaces and range from full red to red-brown (a few more brown than red). The quarters and nickels, however, range from VG to AU (at best). That is, common pocket change. None of these coins are polished or cleaned, which is surprising to me now. Around 15 years ago I changed out the three frames. The original nickel and quarter sets had cheap plastic frames (the cent set was wood). All three sets had clear plastic windows, not class. I replaced all three with (nicer) wood and glass frames. |
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Replies: 14 / Views: 16,061 |
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Posted 06/10/2011 6:55 pm
