New Collector

Parker

I recently inherited a coin collection from my uncle, who began collecting in the mid 1980's. He bought most of his coins from U.S. Mints, and in quantities of 10 or more. Several of the sets I now own are "Proof" sets, and all sets are sealed...some have never even been taken out of the cardboard shipping boxes. All are in felt lined decorative boxes, with COA's, and inserted into slip covers. Most of the coins are sets of commemoratives. I even have about 6 - 16 ounce solid silver "coins" that are the size of a coaster, as well as 5 - 12 ounce solid silver "coins".

I'm trying to find out the value of the coins as individuals, and the overall collection as a whole.

Can anyone help, or provide additional resources?

Parker

Russ

Can you provide more specifics? Maybe a list of the dates of the sets? If he started in the mid '80's and was buying directly from the mint, there won't be any really huge values, but if he was picking up all the sets that were issued, there will be some money there. Particularly in the silver premiere sets and some of the commemorative sets.

Welcome aboard!

Russ, NCNE

Parker

Thanks, Russ...for the advice. I'll attempt to take some digital photos of the collection, and list out all the information about each set.

Look for more info on my collection in the next week.

Take care.

kranky

Welcome to the boards, Parker.

US Proof sets have different values, depending on the year. Some sets were sold in different variations which make a big difference in the value. Look for works like "Premier" , "Prestige" or "Silver". If you want a rough idea of what they might be worth, check these links:

Regular sets
Silver sets
Premier sets
Prestige sets

The commemoratives obviously depend on which ones you have. Most commemoratives were sold in both Proof and Uncirculated versions which can affect the value. Look at the links I provided above, and in the frame on the left side of the screen scroll down until you see "Modern Commemoratives" and follow the appropriate links.

The large silver "coins" are probably not worth more than the value of the silver content.

Any other questions, feel free to ask. Has inheriting the collection gotten you interested in collecting, or do you just want to be rid of the coins?

rd5425

hey parker, welcome to the boards, you might want to go into your profile and turn your private message feature on.

Parker

Well, I have never had a huge interest in collecting....but now that I have a collection...my attitude is changing. I enjoy just looking at the coins in the cases. I also have three framed collections that my uncle gave me. I'm not sure if the coins in the frames are worth more as individual coins, or as a framed set, but I'll try and post pictures and info about everything I have.

As for getting rid of the collection, I made a promise to my uncle that I wouldn't just turn around and sell the collection, but I would like to know more about it's value. He also gave me his original sales receipts which show his purchase price. He invested about $7000.00 overall in the collection.

Thanks for the links.

Parker

I'm new to this.....what does private message do for me?

Cameo CC

Welcome.

Todd

Parker

Thanks, Todd.

Steve27

Sadly, a lot of the commemoratives are worth less than the mint's original issue price, but there are a few exceptions. Thus a list of the actual items would be very helpful in determining their value. You should also consider picking up a copy of the Red Book or a coin magazine from a book store, they only show retail value but you can get some idea as to worth.

CarlWohlforth

There is a profile tab at the top of the window, just under the word Navigation. You can turn on Private Messages.

Maybe you should leave the proof sets unopened? Can you tell what is in the unopened boxes? I mention this because unopened sets bring a little extra money.

Most US Mint products cost less on the open market a few years after they are released by the Mint. Those big "rounds" are not worth anything more than the value of the silver in them. I hope you are not disappointed with how much the collection is worth. Hopefully there are some winners in there like Buffalo Dollars or the RFK/JFK sets or the Coin and Currency sets.

kranky

Now that you have turned on your private messages, if you get one you will see a notification in the upper left corner of the page, right below the Collectors Universe logo. It will say either "no new messages" or tell you how many new messages you have.

Russ

<< <i>Hopefully there are some winners in there like Buffalo Dollars or the RFK/JFK sets or the Coin and Currency sets. >>



Or some of the silver proof sets, say '95 and '97. At 10 of each, some of this stuff could add up very quickly.

Russ, NCNE

Parker

Good morning everyone,

I have one of each of the coin sets from my collection. I'm working on getting digital photos of each to post on the site, but until then, I'll list out the names and dates of each set.

1990 Prestige Set (Including the 1990 Eisenhower Centennial Silver Dollar - In original box/with COA (contains Penney, Nickle, Dime, Quarter, Half-Dollar and Silver Dollar)
1991 Mt. Rushmore Anniversary Proof Set - In original box (several sets in un-opened shipping boxes) /with COA (contains Half-Dollar and Silver Dollar)
1890-1990 Eisenhower Centennial Silver Dollar Uncirculated- In original box (several sets in un-opened shipping boxes) /with COA
1987 U.S. Constitution Silver Dollar Proof Coin - In original box (several sets in un-opened shipping boxes) /with COA
1991 Korean War Memorial Coin Proof Silver Dollar - In original box (several sets in un-opened shipping boxes) /with COA
1989 American Eagle One Ounce Proof Silver Bullion Coin In original box (several sets in un-opened shipping boxes) /with COA
1776-1976 U.S. Bicentennial Silver Uncirculated Set - In origianl Packaging Envelope - Sealed (contains Quarter, Half-Dollar and Silver Dollar)
1969 U.S. Proof Set - In original packaging case and envelope - Sealed (contains Penney, Nickle, Dime, Quarter and Half-Dollar)
1776-1976 U.S. Bicentennial Silver Proof Set - In original Coin Sleeve - (contains Quarter, Half-Dollar and Silver Dollar) /with COA

Anyone know the value of any of these sets?

I also have Six-16 oz. Silver "Coins" in vaccume sealed sleeves - in display box and 5-12 oz. Silver "Coins" in vaccume sealed sleeves - in display boxes.

fantasiize

Parker,

Welcome to the boards, hope you enjoy your stay as well as enjoying the world of numismatics after you get your prices.

Here is what I can come up with very quickly for you. These are prices that you could sell to fellow collectors (dealers would want them for less $):
$30 unless the 1c has no 'S' mint mark, then it will be $3,900 (I can hear those footsteps now running to look at that set) - 1990 Prestige Set
$32 each, a little more if truly unopened - 1991 Mt. Rushmore Anniversary Proof Set
$16 each, a little more if truly unopened - 1890-1990 Eisenhower Centennial Silver Dollar Uncirculated
$11 each, a little more if truly unopened - 1987 U.S. Constitution Silver Dollar Proof Coin
$14 each, a little more if truly unopened - 1991 Korean War Memorial Coin Proof Silver Dollar
$29 each, a little more if truly unopened - 1989 American Eagle One Ounce Proof Silver Bullion Coin
$16 - 1776-1976 U.S. Bicentennial Silver Uncirculated Set
$7 - 1969 U.S. Proof Set
$19 - 1776-1976 U.S. Bicentennial Silver Proof Set

136 ounces of silver at market rate ($6.25 to $6.50 per ounce retail, spot price a little under $5 per ounce - I also have Six-16 oz. Silver "Coins" in vaccume sealed sleeves - in display box and 5-12 oz. Silver "Coins".

Take care for now, hope to see you back.

Chris

Parker

What did you mean when you said, "1C"? Which set is that?

FatMan

Here's a big fat welcome to ya!

jonesy

Welcome to the Forums Parker!! If you have any Buffalo Nickles, you can PM me.
Glenn

ursabear

Welcome, Parker! I hope you enjoy your stay here!

The pod grows!

oldshep

The 1c refers to the 1 cent coin and the 's' is the mint mark on the coin. (San Francisco Mint)
Welcome aboard - the people on this forum are the most knowlegable and helpful ones around - so ask away.
Shep

1jester

Welcome to the Boards, Parker! Have fun with your growing (?) collection!

tgilliams

welcome

cladking

Welcome aboard. It isn't too hard to get bid for most original sets. This is
usually around 75% of the retail prices you see quoted. The large silver "coins"
typically bring only melt value or a little less if sold to a dealer. A few of these
aren't really silver, but this is rare. Sealed sets do bring a premium which can
be substantial in dates that contain varieties. (like 1990)

Good luck.

Flash

Welcome Parker! If you're interested in learning more about the hobby of coin collecting, I suggest you check out these books:

Book 1
Book 2
Book 3
Book 4
Book 5


These should get you started. Have fun!

ElectricEye

welcome