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Post by chang on Apr 21, 2023 17:49:53 GMT
I have a fair sized collection that I’ve owned since the 1960s-70s. One of my retirement projects will be to photograph, advertise, and sell it off. Just wondering if there are any others here with whom I can discuss grading, valuations, etc.
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hondo
Commander
Posts: 145
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Post by hondo on Apr 21, 2023 20:41:54 GMT
I have a small collection, but am far from an expert in respect to grading coins. Like you I would like to sell it off. I guess I need to get it appraised first, but really don't know where to go for that service or what it would cost, since we live in a rural area. Wondering, how do you plan to sell your collection? I'm afraid that I could not be of any help to you in regard to grading and valuations. I'm just looking for ideas, etc.
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Post by chang on Apr 22, 2023 7:10:01 GMT
hondo I had some of my more valuable coins graded by NGC a few years back. A coin graded and encapsulated by NGC or PCGS is really the only way to buy / sell with zero doubts. I plan to try selling on eBay, very slowly since I’m not in a hurry. Tricky for me since I’m in Europe, and it’s not economical to mail anything to the US. That’s why I’m starting with my French and Spanish coins. You can, of course, sell to a dealer or coin buying service, but they will screw you royally. Much better to find a buyer yourself, if you don’t mind taking the time to photograph and advertise … and wait.
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Post by archer on Jun 21, 2023 21:20:00 GMT
For me, the fun in collecting coins was finding them in circulation. Unfortunately this ended shortly after clad coins started. When I was a kid I took a few bucks to the bank and asked for coins. I often found a few Indian head pennies, 1909 VDBs, Mercury and the occasional Liberty head dimes. Buffalo nickels were easy too, but the dates were often worn off. Then it was a matter of just replacing a few coins and taking the rolls back to the bank for exchange.
My uncle had a metal detector back in the 60's and would hunt for coins and civil war bullets. In a couple years he had a 5 Gal milk pail filled with silver coins, which paid for his heart valve replacement.
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Post by gman57 on Jun 21, 2023 22:40:21 GMT
I have a bunch of silver coins my Dad and Mom passed on to the kids. They had a mom and pop grocery store so they exchanged a lot of coins and pocketed the good ones. I went through them and spent everything after I think 1964 since they aren't all silver. I took many of the ones I had many of to a dealer a few years ago when silver was around $27. Yes, I felt royally ripped off but I don't have the desire to go through them myself. I still have a lot left. Mostly I think silver dollars. I bought a book last year "United States Coins 2023" but I'm about to admit to myself that's never going to happen. I also have a lot of "silver certificate" bills along with two dollar, Hawaiian money, a lot of the wheatback, lead pennies etc... I think I'll take the easy way out and just pass them on to the kids. :^)
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Post by chang on Jun 22, 2023 6:56:04 GMT
gman57 Up to 1964 “silver” coinage was 0.900 silver. From 1965 onward it was 0% silver. (Excepting Kennedy half dollars, which I think were 40% silver from 1965-1969 … better check that, don’t trust my memory). Nickels also had some silver content in 1943-1945, when nickel was more valuable to the war effort than silver. (During the same years they made pennies from steel instead of copper.)
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Post by gman57 on Jun 22, 2023 15:59:04 GMT
gman57 Up to 1964 “silver” coinage was 0.900 silver. From 1965 onward it was 0% silver. (Excepting Kennedy half dollars, which I think were 40% silver from 1965-1969 … better check that, don’t trust my memory). Nickels also had some silver content in 1943-1945, when nickel was more valuable to the war effort than silver. (During the same years they made pennies from steel instead of copper.) Thanks. You're right, I don't know where I got lead pennies LOL |
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Post by archer on Jun 22, 2023 16:10:17 GMT
There was a steel penny, 1945 IIRC.
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Post by liftlock on Jun 22, 2023 16:24:26 GMT
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Post by chang on Jun 22, 2023 16:42:17 GMT
Oops my error, steels cents were made in 1943 only. (And silver alloy nickels were made from 1942-1945.)
I believe there were a few copper 1943s and a few steel 1944s that slipped through. These are extremely valuable; I believe last few auctioned off have gone for more than $1m. So if, like me, you have a jar (or a box of rolls) of “wheat” (1909-1958) pennies, it’s worth checking to be sure you don’t have a ‘43 copper or a ‘44 steel in there.
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