Coins my grandma gave me, worth anything?
Rofles
Posts: 753 ✭✭✭✭✭
I’m a card collector, but recently re-discovered the silver dollar coins my grandma gave me when I was a kid. Well, my kids got into my box and spilled my little safe of important stuff. While Putting things away, I found my coins and noticed my grandma left me 4 really old coins. From what I can tell they’re Morgan Silver Dollars. 3 of them have heavy wear, and I can’t find any mint markings. The 1904 coin is in the best condition by far, and seems to even have some luster(?) still? I’m not expecting them to be worth hundreds, let alone thousands, but the 1904 one looks really good. Is it okay if I washed it in soap and water? Should I have it graded? Thx all!
I also found what I think is an Iranian coin? Looks old:
These are ones she also gave me:
Comments
Yes they are. Not a whole lot but not nothing. The 1904-O looks like an AU which puts it at about $35-ish.
Don't clean them, they are fine the way they are
-The mint mark is at the bottom of the reverse
Collector, occasional seller
I agree, some value but not a great deal. Better than what usually gets posted here. The Morgan’s and the 1 oz silver eagle are the better items.
TurtleCat Gold Dollars
There are a few "tooth fairy" Ikes there.
The Morgan Dollars will bring base value for Morgans which is probably in the $12-15 range at your local dealers. I doubt if the 04-O will bring any more even though it is a somewhat better coin. The other silver coins will bring whatever premium silver coins are bringing at the moment. The Ike Dollars will not bring much over face, nor will the copper-nickel Kennedy's. The Iranian coin will bring very little unless it has silver content. The silver Eagle will bring whatever they are bringing at the moment ... probably about the price of an ounce of silver.
Don't spend a lot of time or money trying to get more. It won't be worth the effort. If someone contacts you with an offer remember to keep the shipping cost in mind. (Shipping costs will be going up on Sunday ... see another thread on this subject.)
They are probably worth more as sentimental rather than numismatic value.
Nice clear pics.
Extremely sentimental, I wasn’t planning on selling anything, I just didn’t know what kind of value these have, if the should be in a safe deposit box, etc. just something I can look fondly on to remember my grandma by 😊
Lots of silver, which is nice.
Not sure its worth safe deposit box fees unless you already have one for other stuff.
My grandfather left some 90% silver in addition to all his other heart felt gifts to his grandkids; they were all much appreciated.
The Iran coin with the Arabic writing looks like Iran 10 Rials copper-nickel date SH 1350 (AD 1971), Krause World Coins KM# 1178
The Mysterious Egyptian Magic Coin
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I was wonderin bout that one.
Pete
“...if the (sic) should be in a safe deposit box...”
Album, flips, or something similar... basically what you have them in now.
Don’t clean coins if you plan on selling. If your keeping them for the sentimental value then it really does not matter.
Grading fees are about $50 for a coin (not including shipping) and a bit less expensive for more coins. You can figure out your own estimate by checking here: https://www.pcgs.com/submissionguide
But! The fees will probably far exceed any numismatic value of the coins.
@Rofles Never clean your coins. Any scrubbing, rubbing, etc will produce abrasions and changes which will be obvious under magnification and to seasoned collectors.
Good luck!!
When my grandma was a girl she was so poor that my grandpa used to say, "She never had two nickels to rub together or a pot to pis* in." But she was a wonderful lady. Funny as hell. Kept a loaded 12 gauge leaning by the front door. She's been dead for 46 years....... Here's the coin angle; A couple of years ago I was moving around an old chest of drawers that was grandma's clothes closet. Out fell an Indian head penny. That's the coin she left me. There's a thread on the forum right now asking what is the most valuable coin in your collection? I think I know what mine is. I loved that woman. Boy, could she pluck and fry a chicken in no time flat. And the doughnuts for dessert were unreal!
P.S. She was French-Canadian yet born in Southern California. Go figure. She spoke French. A daughter of the Coureur Des Bois. The original pathfinders of the West. Look it up. It's an interesting story.
Mostly just what they would call "junk silver' worth their silver bullion value. Still a sweet remembrance of your grandma and carrying great sentimental value. Thanks for sharing.
My local dealer would call it "just stuff", it is silver though. You could turn one of those Morgans into a pocket piece and perhaps circulate it with a couple halves. Who knows maybe you'll turn into a Morgan collector, very popular series.
Nice old silver Morgans... and some nice Ikes as well.... basically, you have family heirlooms there...that value exceeds the numismatic value...Enjoy your inheritance and memories. Cheers, RickO