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Wife inherited coin collection.. #7442260
12/26/21 06:17 PM
12/26/21 06:17 PM
Joined: Nov 2017
Posts: 372
SD
T
Turd Furgeson Offline OP
trapper
Turd Furgeson  Offline OP
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Joined: Nov 2017
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I just spent about 6 hours pilfering through a coin collection, I know nothing about all of this so was just googling items as I went. There are some cool ones from early to mid 1800s, several what I guess are called “Morgan’s” silver dollars, “peace heads” silver dollars, American eagle silver bullion coins, “barbers” half dollars, “walking liberty” half dollars, bunch of pre-64 quarters etc...etc..I guess I just wanted to see if any of you coin nerds had advice as far as how to proceed on getting an estimate of its real world value. Do you just take it to a coin shop and they go through it with you? Is the market for the silver stuff good right now? Would you hold onto the silver? While they are neat, We don’t really have any use or sentimental value to half cent, 3 cent pieces, or a bag full of wheat and Indian head pennies...thanks.

Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442267
12/26/21 06:27 PM
12/26/21 06:27 PM
Joined: Jan 2007
Posts: 6,243
Wisconsin
M
Moosetrot Offline
trapper
Moosetrot  Offline
trapper
M

Joined: Jan 2007
Posts: 6,243
Wisconsin
Only thing I know about coins is that you should not attempt to clean them.

Moosetrot

Re: Wife inherited coin collection.. [Re: Moosetrot] #7442271
12/26/21 06:30 PM
12/26/21 06:30 PM
Joined: Nov 2017
Posts: 372
SD
T
Turd Furgeson Offline OP
trapper
Turd Furgeson  Offline OP
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Joined: Nov 2017
Posts: 372
SD
Originally Posted by Moosetrot
Only thing I know about coins is that you should not attempt to clean them.

Moosetrot


Haha that’s about where I’m at, and I just learned that while I was googling things. Luckily most of the important looking ones are clean and in little case things.

Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442272
12/26/21 06:31 PM
12/26/21 06:31 PM
Joined: Aug 2010
Posts: 8,700
Asheville, NC
C
charles Offline
trapper
charles  Offline
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Joined: Aug 2010
Posts: 8,700
Asheville, NC
Your old coins are worth more than their silver content value. You should be able to locate a website that will grade and make an offer,mifmyou wish to sell. If all you want is an appraisal, a coin shop can suffice. There is an annual publication coin guide you can purchase as well.

Do you have a 1916D dime? I will make you an offer on it.

A coins value is highly dependent on its grade.

Last edited by charles; 12/26/21 06:32 PM.
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442274
12/26/21 06:34 PM
12/26/21 06:34 PM
Joined: Dec 2006
Posts: 17,637
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
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Joined: Dec 2006
Posts: 17,637
Sandhills Nebraska
A silver pre-64 quarter was worth about $5 bucks a few years ago....maybe slightly more now. It may bring more as a collection than individually. Just an idea. I claim to know nothing.
Oh, stay away from pawn shops. Most of them have done time for rape........

Last edited by Gary Benson; 12/26/21 06:35 PM.

Life ain't supposed to be easy.
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442275
12/26/21 06:36 PM
12/26/21 06:36 PM
Joined: Dec 2010
Posts: 4,308
central arkansas
T
the Blak Spot Offline
trapper
the Blak Spot  Offline
trapper
T

Joined: Dec 2010
Posts: 4,308
central arkansas
Send Jediknight a pm. I think he is well versed in all that old currency


the just shall live by faith

member FTA, NRA, SWARFTA, EAFT
1776 - the year we told a tyrant we weren't to be under a dictator
Caveat ater macula
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442285
12/26/21 06:44 PM
12/26/21 06:44 PM
Joined: May 2010
Posts: 8,926
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 8,926
mn north of blakely
Pre 64 means anything before 1964. That is not correct it's actually pre 65. A silver quarter is worth 4.14 at the moment.

Jedi knight is a good resource to consult and is located in your state.

Personally I would not sell unless money is tight


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442286
12/26/21 06:45 PM
12/26/21 06:45 PM
Joined: Jan 2014
Posts: 6,098
Virginia
5
52Carl Offline
trapper
52Carl  Offline
trapper
5

Joined: Jan 2014
Posts: 6,098
Virginia
Coin dealers are getting hard to find. Reputable ones, even harder. They want to buy your coins so that they can sell them for a profit. Nothing wrong with that, except that you will be in the dark as to how much profit a dealer intends to make on you.
You can go on ebay and search each coin by year. Check the "sold" box on the left side of the screen. It will let you know what coins like yours have sold for rather than what folks are asking for them.
There is a guy who has a website that you may find helpful. Search CoinHelpU.

Re: Wife inherited coin collection.. [Re: charles] #7442287
12/26/21 06:45 PM
12/26/21 06:45 PM
Joined: Nov 2017
Posts: 372
SD
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Turd Furgeson Offline OP
trapper
Turd Furgeson  Offline OP
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Joined: Nov 2017
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Originally Posted by charles
Your old coins are worth more than their silver content value. You should be able to locate a website that will grade and make an offer,mifmyou wish to sell. If all you want is an appraisal, a coin shop can suffice. There is an annual publication coin guide you can purchase as well.

Do you have a 1916D dime? I will make you an offer on it.

A coins value is highly dependent on its grade.


I’ve got a couple 1916s, but from my vast knowledge they appear to be “barbers” and not the D mercury ones that are worth a bunch...

Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442317
12/26/21 07:20 PM
12/26/21 07:20 PM
Joined: Oct 2011
Posts: 1,876
Western Shore Delaware
SJA Offline
trapper
SJA  Offline
trapper

Joined: Oct 2011
Posts: 1,876
Western Shore Delaware


"Humans are the hardest people to get along with."
Dr. Phillip Snow
Re: Wife inherited coin collection.. [Re: SJA] #7442324
12/26/21 07:25 PM
12/26/21 07:25 PM
Joined: Nov 2014
Posts: 1,762
S. Illinois
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Chuckles84 Offline
trapper
Chuckles84  Offline
trapper
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Joined: Nov 2014
Posts: 1,762
S. Illinois


Remember that the calculator on Coinflation only tells you the scrap silver value of the coin and not the numismatic value. Morgan dollar are still going in the 35-40 dollar range for circulated. A carson City mint morgan dollar is worth more.


Your entitled to oxygen. Everything else is earned.
Re: Wife inherited coin collection.. [Re: Chuckles84] #7442335
12/26/21 07:43 PM
12/26/21 07:43 PM
Joined: Oct 2011
Posts: 1,876
Western Shore Delaware
SJA Offline
trapper
SJA  Offline
trapper

Joined: Oct 2011
Posts: 1,876
Western Shore Delaware
Originally Posted by Chuckles84


Remember that the calculator on Coinflation only tells you the scrap silver value of the coin and not the numismatic value. Morgan dollar are still going in the 35-40 dollar range for circulated. A carson City mint morgan dollar is worth more.


Yes I know. I studied numismatics and grading for years but as with many things, it depends on WHO is doing the grading, honesty, and supply and demand
:-)


"Humans are the hardest people to get along with."
Dr. Phillip Snow
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442339
12/26/21 07:47 PM
12/26/21 07:47 PM
Joined: Apr 2012
Posts: 1,543
new york
M
mike mason Offline
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mike mason  Offline
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Joined: Apr 2012
Posts: 1,543
new york
If you don't need the money, hang on to them.

Re: Wife inherited coin collection.. [Re: Chuckles84] #7442348
12/26/21 07:57 PM
12/26/21 07:57 PM
Joined: Dec 2021
Posts: 828
Indiana
C
CaseXX Offline
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CaseXX  Offline
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Joined: Dec 2021
Posts: 828
Indiana
Numies are a market with flux just like any others. Take your coins to a numismatist you trust implicitly do not take the word of anyone you don't know. Especially someone on the internet or your local pawn rip.
Eagles (assuming silver) not proof just for general circulation are usually worth about 5 dollars over spot. Any encapsulated or graded may be much more. Gold Eagles a whole different animal. If you must, pay for a good estimate. I would suggest hold them, semi precious metals are a good storage of dollars. The wheaties are worth at least the current spot of copper and again possibly much more due to numie value. Have someone you trust look at them before you make your decision. Just my opinion.
Case


Rules:
Col. Jeff Cooper #1for a gunfight
Gibbs. #9 always carry a knife
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442368
12/26/21 08:09 PM
12/26/21 08:09 PM
Joined: Nov 2017
Posts: 372
SD
T
Turd Furgeson Offline OP
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Turd Furgeson  Offline OP
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Thank you all for your input, I have a lot of learning to do about this stuff.

Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442388
12/26/21 08:27 PM
12/26/21 08:27 PM
Joined: Dec 2006
Posts: 24,531
williamsburg ks
D
danny clifton Offline
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danny clifton  Offline
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Joined: Dec 2006
Posts: 24,531
williamsburg ks
Coins dont eat much. I doubt they depreciate any significant amount and then only temporary. Unless you need money just keep them. If you squander them on a cruise or something I suspect you will end up regretting it.


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442389
12/26/21 08:28 PM
12/26/21 08:28 PM
Joined: Nov 2013
Posts: 657
Illinois
H
Horse Creek Fur Offline
trapper
Horse Creek Fur  Offline
trapper
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Joined: Nov 2013
Posts: 657
Illinois
PM Sent.

Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442398
12/26/21 08:37 PM
12/26/21 08:37 PM
Joined: Nov 2011
Posts: 18,931
New Hampshire
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Nessmuck Offline
trapper
Nessmuck  Offline
trapper
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Joined: Nov 2011
Posts: 18,931
New Hampshire
Got a 1909S V.D.B…Lincoln cent ? The ones in little packages are probably uncircumcised


It is better to die on your feet than to live on your knees.
Re: Wife inherited coin collection.. [Re: Turd Furgeson] #7442400
12/26/21 08:38 PM
12/26/21 08:38 PM
Joined: Oct 2013
Posts: 462
Nebraska
Mocular Offline
trapper
Mocular  Offline
trapper

Joined: Oct 2013
Posts: 462
Nebraska
If you take it to a coin dealer say you don’t want to sell it but want it appraised for insurance purposes. That way they give it to you straight, then never sell it for less than that number.


2021-22 season: Coyote IIIIII, Raccoon IIII, Skunk I, Bobcat I.
Re: Wife inherited coin collection.. [Re: mike mason] #7442401
12/26/21 08:39 PM
12/26/21 08:39 PM
Joined: Nov 2011
Posts: 18,931
New Hampshire
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Nessmuck Offline
trapper
Nessmuck  Offline
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Joined: Nov 2011
Posts: 18,931
New Hampshire
Originally Posted by mike mason
If you don't need the money, hang on to them.


^^^^^^^^^ Yup….this


It is better to die on your feet than to live on your knees.
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