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Coin collection
#7438577
02/19/19 05:20 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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How do you go about getting the value of a coin collection when you know nothing about coins? Do you just trust a place and drop off lots of coins and hope they are honest about valuing your coins? Some of the coins where valued back in the early 80's but none have been valued since.
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Re: Coin collection
[Re: helomech]
#7438579
02/19/19 05:22 PM
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Joined: Sep 2004
Posts: 13,266
RedRanger
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How do you go about getting the value of a coin collection when you know nothing about coins? Do you just trust a place and drop off lots of coins and hope they are honest about valuing your coins? Some of the coins where valued back in the early 80's but none have been valued since. Go to ebay, look up same coins it will give you pretty realistic market price
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Re: Coin collection
[Re: RedRanger]
#7438586
02/19/19 05:28 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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How do you go about getting the value of a coin collection when you know nothing about coins? Do you just trust a place and drop off lots of coins and hope they are honest about valuing your coins? Some of the coins where valued back in the early 80's but none have been valued since. Go to ebay, look up same coins it will give you pretty realistic market price There are lots of coins. Here is one I pulled out of the bags. He has a price on it from I think 1982.
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Re: Coin collection
[Re: helomech]
#7438595
02/19/19 05:37 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
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My neighbor is a collector. I'll ask him tonight when we go out to dinner.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Coin collection
[Re: helomech]
#7438598
02/19/19 05:40 PM
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Joined: Nov 2011
Posts: 17,787
S.A. hunter
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I know a lot has changed since then, since grading became a thing. Go to your local coin shop they should be able to help. You looking to sell?
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Re: Coin collection
[Re: helomech]
#7438600
02/19/19 05:41 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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Can't even figure out how to open this one.
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Re: Coin collection
[Re: bill oxner]
#7438601
02/19/19 05:41 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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My neighbor is a collector. I'll ask him tonight when we go out to dinner. Thanks
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Re: Coin collection
[Re: S.A. hunter]
#7438605
02/19/19 05:43 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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I know a lot has changed since then, since grading became a thing. Go to your local coin shop they should be able to help. You looking to sell? My dad passed away last week and we are trying to go through his stuff. Not interested in selling, depending on value. If not much value, I would rather just keep them. I don't have any real interest in coins, other than their connection with my dad. Thanks. Still hard to look at them very long. So haven't gone through them.
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Re: Coin collection
[Re: helomech]
#7438610
02/19/19 05:50 PM
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Joined: Jan 2019
Posts: 602
Papalote
Tracker
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Tracker
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Dont open sealed displays. silver coins are WELL above face value based on silver price then premium for condition. Google silver coin value.
Papalote
Last edited by Papalote; 02/19/19 05:51 PM.
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Re: Coin collection
[Re: helomech]
#7438616
02/19/19 05:54 PM
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Joined: Jan 2007
Posts: 1,861
MO
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I am no expert , but I've heard is costs between 15-30 bucks to have a coin graded. I would not do this unless I was ready to sell. Lots of online help to get values, If you look at ebay , search for examples that have actually sold.
Uncle Zeek on TFF is pretty knowledgeable , you may want to contact him
good luck
Mo
MY BACKYARD , 20,000 ACRES , NO MOWING
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Re: Coin collection
[Re: Papalote]
#7438617
02/19/19 05:55 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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Dont open sealed displays. silver coins are WELL above face value based on silver price then premium for condition. Google silver coin value.
Papalote Thanks. I feel stupid dealing with all this. I have zero knowledge on this topic, and the more I research the more questions I have. So many little things can effect everything. Don't open them because why? Is there a specific reason?
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Re: Coin collection
[Re: helomech]
#7438622
02/19/19 06:03 PM
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Joined: Nov 2011
Posts: 17,787
S.A. hunter
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Coin shops are usually not very busy..... so I would go by a local shop. I'm sure they wouldn't mind having the first look at a collection. Just tell them your situation. I would be willing to bet you wouldn't be the first one to reach out to them with dads collection. I'm sure he had a coin shop that he did regular business with, approach them first. Good luck
I did collect for a short time, but I'm far from a collector.
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Re: Coin collection
[Re: S.A. hunter]
#7438623
02/19/19 06:06 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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Coin shops are usually not very busy..... so I would go by a local shop. I'm sure they wouldn't mind having the first look at a collection. Just tell them your situation. I would be willing to bet you wouldn't be the first one to reach out to them with dads collection. I'm sure he had a coin shop that he did regular business with, approach them first. Good luck
I did collect for a short time, but I'm far from a collector. Thanks may do that. Just really don't want to yet. Hopefully soon I feel better about going through them.
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Re: Coin collection
[Re: MO]
#7438624
02/19/19 06:07 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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I am no expert , but I've heard is costs between 15-30 bucks to have a coin graded. I would not do this unless I was ready to sell. Lots of online help to get values, If you look at ebay , search for examples that have actually sold.
Uncle Zeek on TFF is pretty knowledgeable , you may want to contact him
good luck
Mo Thanks
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Re: Coin collection
[Re: helomech]
#7438631
02/19/19 06:20 PM
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Joined: Oct 2005
Posts: 5,407
PKnTX
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Condolences on your loss. It can be tough sorting through their things.
Take care of yourself.
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Re: Coin collection
[Re: PKnTX]
#7438632
02/19/19 06:20 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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Condolences on your loss. It can be tough sorting through their things.
Take care of yourself. Thanks
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Re: Coin collection
[Re: helomech]
#7438657
02/19/19 06:43 PM
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Joined: Nov 2008
Posts: 9,952
LFD2037
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Can't even figure out how to open this one. All prices are available online. This is a silver Morgan dollar. Worth between $26 & 64. If it is 'S' stamped then it's worth ~$2,500. https://www.coinstudy.com/1904-morgan-silver-dollar-value.html
R.I.P. CPO Matt Mills-(DEVGRU)- You will NEVER be forgotten! 10-25-75 / 8-6-11 *K.I.A.*
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Re: Coin collection
[Re: helomech]
#7438658
02/19/19 06:45 PM
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Joined: Sep 2007
Posts: 7,664
Nathan at Fork
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Both of the coins you posted look to have been aggressively cleaned. That hurts the values. If you don't know what you are doing, its near impossible to look at ebay and guage the prices of what you have. You can look up year and mintmark sure, but value is all about condition, and just because it shines doesn't mean its in mint condition, if it has been cleaned it hurts the value quite a bit. Ask around to your family and friends and see if anyone knows about coins. Having coins graded is expensive and I would not recommend it unless it is a high value coin or looks to be a very high grade coin. IF you were close by, Id offer to help.
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Re: Coin collection
[Re: Nathan at Fork]
#7438675
02/19/19 06:58 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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Both of the coins you posted look to have been aggressively cleaned. That hurts the values. If you don't know what you are doing, its near impossible to look at ebay and guage the prices of what you have. You can look up year and mintmark sure, but value is all about condition, and just because it shines doesn't mean its in mint condition, if it has been cleaned it hurts the value quite a bit. Ask around to your family and friends and see if anyone knows about coins. Having coins graded is expensive and I would not recommend it unless it is a high value coin or looks to be a very high grade coin. IF you were close by, Id offer to help. Thanks as far as I know they where not cleaned. My dad knew better than to do that. If they where cleaned it was done before my dad got them. I can see the cleaning on the first one pretty easy. Pretty sure that my dad didn't do it though.
Last edited by helomech; 02/19/19 07:06 PM.
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Re: Coin collection
[Re: LFD2037]
#7438687
02/19/19 07:04 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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It is stamped D, sorry O, not D
Last edited by helomech; 02/19/19 07:18 PM.
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Re: Coin collection
[Re: helomech]
#7438694
02/19/19 07:13 PM
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Joined: Nov 2008
Posts: 9,952
LFD2037
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Probably an O, for New Orleans. So about ~$35.
R.I.P. CPO Matt Mills-(DEVGRU)- You will NEVER be forgotten! 10-25-75 / 8-6-11 *K.I.A.*
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Re: Coin collection
[Re: LFD2037]
#7438697
02/19/19 07:16 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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Probably an O, for New Orleans. So about ~$35. Thanks, really makes me wonder where he got these prices from. And yes it is a O.
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Re: Coin collection
[Re: helomech]
#7438708
02/19/19 07:22 PM
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Joined: Nov 2011
Posts: 17,787
S.A. hunter
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Silver prices in the 80s were pretty high. Depending on when he bought them.
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Re: Coin collection
[Re: S.A. hunter]
#7438719
02/19/19 07:28 PM
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Joined: Nov 2007
Posts: 13,735
helomech
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Silver prices in the 80s were pretty high. Depending on when he bought them. Yeah, I have no idea where he got his coins. He was very private about things like that. Never talked to us about anything that involved money.
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Re: Coin collection
[Re: helomech]
#7438763
02/19/19 08:03 PM
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Joined: Nov 2007
Posts: 13,361
CCBIRDDOGMAN
Bird Herder
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Bird Herder
Joined: Nov 2007
Posts: 13,361 |
My Dad passed around 3 years ago and ai still haven't gone through his coin collection. Bunch of foreign paper money too. I want to take some of the coins and put them in a pattern on a table top or maybe kitchen island and use that clear resin stuff over them.
Haven't had it in years but never spit any out. I am a sucker for happy endings and strapped cowboys.
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