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You've inherited a "hoard"...do you

Pick out the best for yourself and sell the rest?
Share some with your collecting friends here on the boards?
Sell some here and there, spreading them out so as not to "dip" the market value?
OR
Sell a couple, holding out the worst of the bunch for a scumbag dealer who rooked you as a newbie collector, knowing full well he will have it graded and try to sell it on eBay.....then take the rest and flood eBay with them, knowing that you most likely will cause him to take a serious bath on his purchase from you? image

Let's say the coins involved are fairly rare, especially in upper MS, and this entire roll is (in your opinion, and you are an expert on this series) one grade higher than any PCGS known best.

just something to think about since Frank is bored here...image
"I won't be wronged, I won't be insulted, I won't be laid a hand on; I don't do these things to other people, I require the same from them."

Comments

  • HigashiyamaHigashiyama Posts: 2,203 ✭✭✭✭✭
    I throw the coins in my safe deposit box, and let someone else inherit a hoard some time down the road.
    Higashiyama
  • MrEurekaMrEureka Posts: 24,332 ✭✭✭✭✭
    I'd wholesale the entire lot at a realistic price and let the next guy worry about distributing the coins.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • JulianJulian Posts: 3,370 ✭✭✭
    If it is in your field of interest, I would certainly keep the best one for my collection. Depending on the value of the individual coins, I might trade them for other coins to add to my collection, or I might do as Andy said and just try to find a dealer who will give you a fair value for the coins.

    There may be tax consequences by selling them and there would certainly be less of those if you traded them for new additions.

    Regardless, they should not effect the value too much, unless the coin was a very rare and you inherited a large # of them.
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    I would enjoy them for a long (very long) period of time before making a decision what to do. If they are family heirlooms, I would make sure to preserve them for future generations.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • tincuptincup Posts: 5,237 ✭✭✭✭✭
    Convince one of the slabbing firms to create special designation slab for the hoard coins, have front page feature story in all the coin publications, and sell for big $$$$$ through select authorized firm!! (But definitely keep the best one for myself-----image)

    ----- kj
  • I wouldn't even go through them. I'd put them on eBay with a .01 open listed as unsearched. I mean that's what all those other honest dealers are doing on eBay, isn't it?
    J.C.
    *******************************************************************************

    imageimageSee ya on the other side, Dudes. image
  • CoinosaurusCoinosaurus Posts: 9,632 ✭✭✭✭✭
    This question has come up before. Last time EVP had an EXTREMELY detailed response specifying exactly how he would dole them out over time. It reminded me of that Charlie Brown cartoon where Charlie Brown (or maybe it was Linus, I forget) decides that it would best to be "the 47th person on the moon", after considered reflection over what is an entirely implausible premise to begin with image

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