Complete novice and overwhelmed. Need information.
I inherited a great many coins recently. Too many to list. I have been trying on my own to identify and categorize them but there is so much to learn. I live in a small town in oregon. My question I guess are there people who help with this sort of thing professionally? I'm talking at least a 1000 coins. From wheat backs to morgans and everything else. Great many world coins too. I'm sure I'd have to travel but it would be worth it to me.
Best Answers
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jmlanzaf Posts: 34,750 ✭✭✭✭✭
@Jjbier said:
I inherited a great many coins recently. Too many to list. I have been trying on my own to identify and categorize them but there is so much to learn. I live in a small town in oregon. My question I guess are there people who help with this sort of thing professionally? I'm talking at least a 1000 coins. From wheat backs to morgans and everything else. Great many world coins too. I'm sure I'd have to travel but it would be worth it to me.You could pay for an appraisal, but it is unlikely to be worth the cost.
Get a Red Book for U.S. coins. It will tell you approximate value. If you find anything listed as valuable, take a picture and post it here.
Paying $50+ per hour for someone to tell you that the Morgans are all worth $20 each and the wheat cents are all worth 3 cents each is not worth it.
You can find a local coin club in Oregon and go there if you want someone to look at them for free.
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oih82w8 Posts: 12,289 ✭✭✭✭✭
Agreed on a local coin club. There is normally a wealth of information under own noses...locally.
oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's
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dpoole Posts: 5,940 ✭✭✭✭✭
I absolutely agree. Get the Red Book ("The Official Red Book: A Guide Book of United States Coins 2020"),
Local hobbyist often consider it great fun to paw through collections out of love of the hobby, looking for for exciting finds in your behalf for no charge. SO do check out the local coin clubs. Then use the Red Book to double-check their veracity of any excitement that may be forthcoming.
Please feel freer to come back here with any such finds for free guidance about what to do with them (if you mean to liquidate). LOTS of helpful, vastly experienced folks here.
Smart of you to ask!
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astrorat Posts: 9,221 ✭✭✭✭✭
Welcome!
Seek out some local coin clubs. They can be a great source of information. A Red Book will be a worthwhile purchase ... and read the first sections as it will have good general information on collecting.
Be patient and ask a lot of questions.
Numismatist Ordinaire
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces5
Answers
First off, I suggest not to make this out to be a negative or an emergency. Time to learn about what you have. Use the Google. Silver coins have value based on the spot price of silver on the world market. Coins can have numismatic value but that requires more information. Condition is important, low mintage is important. Oh and one more thing, you might actually enjoy the journey. Peace Roy
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Unless there is a hurry...there is no hurry.
Sit back, read and take your time. The most likely scenario is that you have inherited a large number of low value coins with some of the more valuable pieces being tied to their silver content. Take your time and don't stress.
In honor of the memory of Cpl. Michael E. Thompson
@Jjbier ....Welcome aboard....There is great advice offered above... get a Redbook (local bookstore), look for a local coin club (popular in some areas), if any coins turn out to have numismatic premiums, post a picture and ask questions here - the help is expert and free..... Good luck, Cheers, RickO