| Author |
 Replies: 20 / Views: 2,862 |
|
New Member
United States
0 Posts |
Hi, I'm new here. First off, I want to thank you all for allowing me to be a part of this community. I'm sure you are all familiar with this story: my father recently passed, I move around a lot, I can't keep holding on to his coin collection. I also don't think I could ever take the time to seriously go through every single penny to consider the worth. I recently went to a Numusmatist, he looked at the coins and gave me estimates. Are these accurate/honest? I want to make sure because I know nothing about coins. Thank you.  |
|
|
|
Moderator
 United States
6563 Posts |
First off welcome to the forum!
We love pictures here so there could be a LOT more value in things such as the "slab proof coins". Also some of the "face value coinage" could be worth far more then that.
Some dealers are honest and buy things in at proper wholesale. Others though will screw you because of ignorance.
1. What are the dates of the mint sets?
2. What are the dates of the proof sets?
3. Can we get pictures or at least descriptions of the loose Wheat/Indians?
4. Can you describe the Face Value coins?
As many detail pics as possible would be great.
I'm going to move this to the Modern Coin section as to get more coverage from out members
|
|
Bedrock of the Community
United States
10635 Posts |
 Really hard to tell anything without at least an itemised list... and pics would help a lot too. $88 for 44 mint sets? Sounds extremely low, especially if any silver is involved. And $2.25 for proof sets? Where do we sign up? Why did you black out the total? We could add it up, lol. I'm thinking any of us here would kill to get first crack at buying any of these coins.  Les |
|
Pillar of the Community
United States
3755 Posts |
You are being run over. Do NOT sell for that. Mint sets for 2 bucks a piece? I would grab every one you could hit me with for that. And 2.25 for the proofs? Pfffttttt And he didnt itemise at all. Thats hokey right there. 29 slab proof coins...what coins? What grades? He is giving you a decent melt price for the silver coins, but without knowing exactly what they are and what grade, no way to know if he is low balling you. But based on the rest of what I see, I would say he surely is. As mentioned, a list and some pics would help a lot. Also, go get a Red Book. Look everything up yourself. If the coin looks fairly worn, look at the Very Good end of the scale. If its bright and shiney and crisp looking, look towards the Extremely Fine end. You will at least get a general idea on your own what the approximate value of the coins may be. |
|
Valued Member
United States
94 Posts |
9x face and 23x face seems pretty low for the silver. The one shop here that posts their prices online (and which are usually under the other shops when you call) is at 10.5x and I think 28x right now (or were on friday when I looked).
|
|
Pillar of the Community
United States
584 Posts |
Hes got Lincoln Wheat and Indians UNC for $25! I'd love to see those. Ohh how I'd love to search through those Peace & Silver Eagles. The ASE's are all UNC Looks like a Great White to me, Were gonna need a bigger boat. Way to go, posting at least what you did, It would be a lot of fun seeing some pics or at least a itemized list of well everything, You never know after searching through them you might get hooked. |
|
Pillar of the Community
United States
584 Posts |
I just saw your in New York, I'm in Jersey 25 - 35 min from the Holland. I could give you a hand, let you know an honest price for each item. I wouldn't charge you anything. Or payment could be 1 of your Common Date Silver Eagles if you prefer. Theirs a lot of sharks out their. I'd hate to see you or anyone get taken advantage of, especially with something a father loved doing.
|
|
Pillar of the Community
United States
2335 Posts |
The guys a dealer & has to make a profit. With silver at $38 23 times face isn't terribly low. Without knowing more details I can't comment on most of those items & neither can anyone else. The one item I do question is the 15 American Eagle. On the surface it looks like $38 each which is slightly under melt. The notation to the side looks like "1g + silver"...if that means 1 gold then the price isn't close to fair.
|
|
Valued Member
United States
404 Posts |
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
|
|
Pillar of the Community
United States
3755 Posts |
One thing. Did the guy say this is what I am going to pay you? Or was this a rough guess? I still think he is trying to run you over (and yes, I understand not being able to pay full value because he needs to make a profit), but the context would be nice to know.
|
|
Bedrock of the Community
United States
14454 Posts |
its the dates and condition of the lincoln/indians that could make this a poor deal. The dates of the Proof/mint sets could also make this a lousy deal. It looks like they just gave you a price as if everything were common date stuff and if that's the case their price may not be to bad. The dates of the Peace dollars that you have 65 of could also make or break this deal because it looks like he just gave you bullion value instead of any collector value, there are some keys in the Peace series that could double that price he gave you and out of 65 Peace dollars I am going to go out on a limb and say you probably have one or two that is worth more than bullion value, condition also plays a role in value also on these. Since the Peace dollars are s short set it should be rather easy to separate 65 of them by date and Mint Mark and list them here so we can tell you if you have any key or semi-key dates in your batch |
|
Pillar of the Community
United States
3755 Posts |
That is not Peace, it says 165$ FACE. I see nothing on there about Peace dollars. |
|
Bedrock of the Community
United States
14454 Posts |
alrightie, its hard for me to read. I didn't even see the 1 before the 6
|
|
Valued Member
United States
81 Posts |
I would get a few more quotes, like 3 more. And yes it should be itemized. Proof and Mint sets are worth more than two dollars each, I don't care what year it is. Shop around.
|
|
Pillar of the Community
United States
609 Posts |
@Bryan
I thought it said peace, too. lol
|
|
Moderator
United States
6563 Posts |
mike I forgot to mention. We have a consignment option here through the owners http://www.coincommunity.com/coin_consignment/I have personal used them for this and it's the easiest way to get rid of everything and have them sell it for you for a fair price |
| |
Replies: 20 / Views: 2,862 |
Posted 07/31/2011 01:57 am
