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Vast coin collection handed down. Help.
cszafran
Posts: 19 ✭
I previously asked about coins that were handed down to me and was greatly helped on this forum. I am posting pictures of another set of coins and need help and suggestions.
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@cszafran
ASEs value = spot silver or less
You might want to post in this thread after dinner time to bump it back to the top. More people will be on later that might not see it now.
Great transactions with oih82w8, JasonGaming, Moose1913.
A list of the dates and mint marks (Silver dollars) would be helpful in determining their general value. Thanks.
Dave
The 1889 and 1896 Morgan dollars could have decent value depending on mintmark or lack of one. The mintmark is on the reverse below the wreath and above DO of DOLLAR.
The coins do appear to be common Silver dollars (top) and common US mint bullion coins called American Silver Eagles (ASE) bottom. On Ebay, common Circulated Morgan dollars sell for about $17-$25 each and the ASE bullion coins will sell for about the spot price of silver = $16.00 since they look like they have been handled some.
Total lot is worth about $225.00 based on the price of silver and tad bit of numismatic premium for the older Silver dollars.
If you want to sell them, take the same picture and list it on Ebay with a description of the Dates and mintmarks (located on the reverse side. A picture of the reverse would be recommended.
Or, you could list them here on the Buy sell boards, put up a price and see if you have any buyers. Lastly, you could visit a local coin shop and sell them. You would expect to get a price from the dealer less than the $225.00 - Probably somewhere in the $180 range.
I assume it's been said before, but I always have to add, do not clean any of them.
If the last ASE is a 96 it should bring a bit more.
My recent experience in selling one would indicate that the premium is only present when buying, not selling. In addition, if the ASEs look to have been mishandled they will be discounted below melt value.
12 coins, where is the rest of the vast collection?
If they mine, I would use this excellent product...
I've seen coins cracked, dipped and upgrade a point or two.
Fair price estimates have been given above... less if you try to sell at a coin shop. As mentioned, pictures of the reverse sides is important to help any further... certainly not an economic windfall. Cheers, RickO
I dont see this as something I would offer above melt for if even that much.
Calc the ASW on these Coins take it times silver spot - bingo. You now have a basis for your offer. Be decisive otherwise somebody else get it. Just hand them the cash “here I will take it.”
Do check the mint marks on those two especially. If they are not mint marked an estimate of around $200 is my ballpark.
Unfortunately, there's nothing in the photo of these 12 coins to indicate anything of numismatic value.
Nine silver dollars @ $13.20 each = $118.80; three Silver eagles @ $15.90 each = $47.70. Total value = $166.50.
If the other items are similar, the OP can expect comparable valuation.
I think you should check the Morgan's for VAMs. Go to VAM world and learn something interesting. Peace Roy
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
Good luck !!!
For the typical, non-coin geek, this is not worth the effort.
@cszafran said:
And as a reminder, a lot of good recommendations were made in your other thread/question.
https://forums.collectors.com/discussion/997045/question-about-what-to-do-with-coin-collections
I think she may have meant that this little group belonged to Jimmy Vast.
What's up with the superlatives?
Someone used the phrase "monster error" to identify a lincoln with a small die chip.
Now, we are using the word "vast" to describe 12 coins.
Have you not noticed how poorly the word "hilarious" is utilized by the media these days?
Proof Buffalo Registry Set
Capped Bust Quarters Registry Set
Proof Walking Liberty Halves Registry Set
.
That is the most awesome, best worded , excellent, magnificent, and preeminent thing that I have ever read
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
I'm not a big time collector but I'm going to chime in with some advice: since these coins have no numismatic value, there is no harm in cleaning them up and making them look pretty. then they make wonderful Christmas Stocking gifts for kids\Grandkids. Watching the look they get on their faces has got to be worth at least 16 bucks. Just my advice. Keep 'em in the family and enjoy them.
The coins are in a plastic bin which was too heavy for me to lift so I grabbed some off the top.
I think that you have found a forum where you can truly find happiness. A woman with a vast collection of rare coins will indeed be seen as a damsel in distress to the many men on this forum whom masquerade as numismatists.
Welcome to the forum.
OINK
As mentioned above, we need to see the reverse or reference to the mintmarks. Example for your 1889. No mintmark= $25. O mintmark= $25. S mintmark= $70. CC mintmark= $1,200. These values are for a VF graded dollar from a retail guide list and not necessarily what you should expect to get for circulated ungraded coins but it gives you an idea of the power of a mintmark.
Thank you all for your help and suggestions. I have printed them all and will see what I come up with. I am not hoping to make a ton of money, I simply want to respect the years and years of collecting by my Dad. I am posting a new set of coins, both of front and back as someone asked. Thanks again.
Vamworld is a great resource.
Without getting into the weeds withVAM's...
I would sort by CC mintmarks first.
Followed by O
Followed by 1878p (no mint mark)
If you were to sell any, list at 10 days and .99 auction with GOOD pictures ending at about 11pm east coast time. Take clear pictures and well lit and even closeups of the dates and mint marks.
They wont go unnoticed... Alot of Carson City and New Orleans and 1878p 8tf mint fanboys will fight over the rarer VAM's
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Don't be in a hurry to dispose of these coins until you have some rudimentary knowledge of coins.
Some of those dollars are polished/have graffiti/ etc. This will greatly reduce any numismatic value. All the coins pictured, so far, are common date silver value coins. I see nothing that will bring any sort of wonderful premium to the value as a silver dollar.
It appears, so far, that whoever obtained these did so for the silver value and not for the numismatic value (likely is none). When you store them in a tub that is too heavy to lift that should give you a clue to the value. It's in the silver content. If he was a collector you would not likely find coins stored in such a manner.
bob
A couple of practical suggestions:
1. Sort the coins by design and then by date.
2. For silver dollars like the ones in the above photo, look at the reverse of each coin in the date piles and note if there is an O, S or CC mintmark just above the DO of dollar. If the dollar is dated 1921 look in the same area for a very small D or S. Put these mintmarked coins separate piles next to the coins of the same date but that have no mintmark.
3. For silver dollars a standing eagle on the reverse, look for a mintmark D or S just above the eagle's tail feathers at left
4. All of the American Silver Eagles are bullion pieces but separate them by date also. There are a couple of dates that bring a small premium over billion value.
Make a list of coins you have by date and mintmark. Don;t worry about trying to estimate condition; however, coin that are badly stained, damaged or polished (like the 1880-O, lower right in your photo) should be noted as such.
Post your list here or send it via PM to several members as ask for help in identifying any coins of potential collector value. Don't try to clean, wash, or otherwise "improve" any coin - that will only ruin it for collectors.
PM me if you have questions.
That shiny 1880-O looks like a bad fake to me.
"Got a flaming heart, can't get my fill"
Talk a picture of the bin from the top, open of course. Unless the lids are too heavy to open also.
Thanks for posting the photos. They show 10 Morgan silver dollars:
1882
1896
1889
1883-o
1896
1881
1882-o
1892
1880-o polished
1891-o worn
Morgan dollars are one of the classic US coins that people collect by date-mint mark.
The above are all relatively common dates and in circulated grades, so their value is dominated by their silver bullion content.
As posted above, they are worth about $25 each, so the total value is $250 just for these first 10.
Since the coins are not in holders, most likely your dad knew these were worth bullion value.
Higher value coins would be in holders to protect them from damage -- there may be some of these in the bin.