Home Buy, Sell, & Trade - U.S. Coins

New Seller *** Need Tips

Hello! I recently inherited a large coin collection from my grandmother and am trying to sell it. I started with ebay, but the fees are way too much. I posted some on Coin Book, but haven't got any responses. I'm hesitant to bring it to the collector near me as he seems scammy. Does anyone have suggestions? I bought the most recent red book and am trying to go through and see what everything is worth.

I have a 1955 DDO penny, along with completed blue books of buffalo nickels, franklin half dollars, standing liberty half dollars and quarters, mercury dimes, roosevelt dimes. Along with commemorative coins listed on my coin book account. Any suggestions are greatly appreciated!

Comments

  • I'm mainly wondering what to do with the completed blue books. The stuff on my coin book isn't worth much so I may try ebay for those.

  • skier07skier07 Posts: 4,056 ✭✭✭✭✭

    For starters post pictures of the better coins on the US Coin Forum and you’ll get some of the best free advice in the world.

  • AzurescensAzurescens Posts: 2,763 ✭✭✭✭✭
    edited June 6, 2020 1:36AM

    @alliegiza said:
    Hello! I recently inherited a large coin collection from my grandmother and am trying to sell it. I started with ebay, but the fees are way too much. I posted some on Coin Book, but haven't got any responses. I'm hesitant to bring it to the collector near me as he seems scammy. Does anyone have suggestions? I bought the most recent red book and am trying to go through and see what everything is worth.

    I have a 1955 DDO penny, along with completed blue books of buffalo nickels, franklin half dollars, standing liberty half dollars and quarters, mercury dimes, roosevelt dimes. Along with commemorative coins listed on my coin book account. Any suggestions are greatly appreciated!

    I'm so sorry for your loss. I hope that you have had the time during these unique circumstances to honor her memory, and celebrate her life.

    My grandparents raised me around coins. I'm 40 in not long and just lost grandma a few years ago. It was incredibly difficult and dealing with coins in an estate is a nightmare. I hope that you have come through okay.

    Please be very aware of the things that are not worth a lot of monetary value. I have 5k of some nice mixed 90% sitting next to me on my desk and I'll go through grandpa's oily/dirty/shop"py" war nickels and grandma's dimes all day. If someone robbed me I'd rather they take all the gold and silver and leave me with the war nicks, some JFKs and some worn ass Roosevelts. I'm not kidding or exaggerating either and I already know what it's like to lose some and never wanna feel that way again.

    If you have free time on your hands to pick up a hobby, it sounds like you're already off to a good start.

    Please take care and be safe.

  • seduloussedulous Posts: 3,279 ✭✭✭✭✭
    edited June 11, 2020 6:10PM

    Ebay fees are expensive. I would try to use the BST (Buy, Sell, Trade) here for a few items to get a comfort-level feel for selling. Get to know some of the folks on this forum and find out if someone lives near you... you might find it helpful to know that and they can perhaps point you to numismatic people-resources you may not know about near your area. Get into a private mail or pm with them/you for furthering decision options. Generally I have found people here to be generally nice and helpful. - Tim

    A Barber Quartet is made up of Nickels, Dimes, Quarters, and Halves.

  • jclovescoinsjclovescoins Posts: 1,926 ✭✭✭✭✭

    I have never heard of Coin Book, but looked at your listings over there...where are you getting those prices? They are way too high.
    1924 Peace Dollar...you listed for 37.00....worth 20.00
    1879 Morgan Dollar...you listed for 70.00...worth 25.00
    Eisenhower and Sacagawea dollars...only worth $1.00 each...spend them
    1988-S Proof Dollar...you listed for 75.00...worth 35.00

    The circulated buffalo nickels commonly trade at 50 cents each, not $2.70 each.

  • Thank you everyone for the responses!!! I will lower my prices, and list on BST here!

  • CameonutCameonut Posts: 7,308 ✭✭✭✭✭

    Another tip is to put your items for sale in ONE thread. Starting a different thread for multiple items on the same day only clutters up the page and hogs precious space from the other sellers.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • @Cameonut I didn't know that, thank you for that tip!

  • mainejoemainejoe Posts: 313 ✭✭✭

    @jclovescoins said:
    I have never heard of Coin Book, but looked at your listings over there...where are you getting those prices? They are way too high.
    1924 Peace Dollar...you listed for 37.00....worth 20.00
    1879 Morgan Dollar...you listed for 70.00...worth 25.00
    Eisenhower and Sacagawea dollars...only worth $1.00 each...spend them
    1988-S Proof Dollar...you listed for 75.00...worth 35.00

    The circulated buffalo nickels commonly trade at 50 cents each, not $2.70 each.

    Did I see where @alliegiza bought the recent "Red Book"? If that is where prices are coming from it would be no wonder they are high(er) than expected. A short research of auction sold listings gives a more realistic price. But then again, individual grading(s) are VERY subjective also. But I have always learned to buy what you see, not what is said or described.

  • @mainejoe I bought the most recent Red Book and was basing off of that. I'm now realizing those are a bit high sadly :(

  • mainejoemainejoe Posts: 313 ✭✭✭

    @alliegiza true guidelines other than sold auction listings are better off referred from the "Blue Book". Just my 2¢ worth as it is.

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