I know you know
surewife
Posts: 12
I have been reading your message boards and I believe ya'll are some very knowledgable people that love coins. I would like your help.
I inherited some silver coins from my mother 13 years ago. I heard about silver going up and and decided to take a close look at my coins. I have morgan dollars, peace dollars and all demoninations.
Now after reading your messages maybe I should do something more than just selling it as silver.
I was wondering what I should clean them with before sending them to someone for possible grading.
I have never dealt with coins, but reading your messages I know you know what I need to do.
Please reply. Thank you.
I inherited some silver coins from my mother 13 years ago. I heard about silver going up and and decided to take a close look at my coins. I have morgan dollars, peace dollars and all demoninations.
Now after reading your messages maybe I should do something more than just selling it as silver.
I was wondering what I should clean them with before sending them to someone for possible grading.
I have never dealt with coins, but reading your messages I know you know what I need to do.
Please reply. Thank you.
0
Comments
Please feel free to post digital images of them on this forum, and we'd be pleased to give you some guidance on their value and how to best monetize them if you wish to sell them.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
<< <i>I was wondering what I should clean them with before sending them to someone for possible grading. >>
If, as you say, you've been reading the message board, you know that you should not clean the coins.
Russ, NCNE
<< <i>Can you tell me why most of the coins I see graded look so clean? Is shiny better? >>
Because they're in excellent condition. If you clean them, though, you destroy most of their value.
<< <i>I have read that, but do you not even use soap & water?? >>
Only if you want your coins to become worthless.
<< <i>I can't believe I waited 5 days for a password to post and I get this. >>
It's just that many of us have heard horror stories about people who cleaned valuable coins and made them worthless. Shiny is not always better
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
You're getting the best advice anyone can give you based on the information you have provided. Post some images and you'll get far more help.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>I can't believe I waited 5 days for a password to post and I get this. >>
Get what? People are telling you not to clean your coins as they will be worth nothing. Though you may not like the replies, all the people here are telling you what to do, or more importantly, what not to do. If you want to clean them or sell as silver, go ahead but all the replies here are in your best interest.
Remember, there is also a search option if you want to search for something that you need/want to know.
<< <i>You're getting the best advice anyone can give you based on the information you have provided. >>
I concur.
Morgan Dollar Aficionado & Vammer
Current Set: Morgan Hit List 40 VAM Set
<< <i>You could post a list of what you have denomination,date,mint while we wait for some pictures. >>
Ok I will get them and be back to you shortly.
Cleaning your coins is like opening a collectors item in its orginal packaging. If you open that item up, it loses value. But it's more serious with coins. When you clean a coin it may decieve others to think its in better condition than it really is, thus they think it's worth more when it's not. But also like I said, it must be keep in its orgional condition that it's obtained. I repeat, please, do not clean the coins.
Another reason not to clean them is, if you get them graded by professional grading services (People that assign a coin its grade, or state of condition it's in, and put it a slab, or protective plastic holder) most of them will not even encapsule the coin (Putting it in the protective holder with its grades), nor will they even grade it. They will give you the coin back and not refund your money.
Don't panic if you already washed them in soap and water. Unless they're gems it's not
likely they are completely ruined. Uncirculated coins will be shiny and this may be what
you have.
morgan dollars
two 1921
two 1921-S
one 1921-D
one 1900-O
one 1897
one 1881
one 1879 (S I think)
peace dollars
eight 1922
two 1922-D
five 1923-S
two 1924
one 1924-S
one 1925
one 1926-S
two 1928-S
Looks like an excellent group of coins. How much do you want for them? There are plenty of ready buyers here.
Russ, NCNE
However, if they are truly uncirculated and perhaps toned (pleasingly tarnished) they could be worth significantly more. When we see the digital images we can provide you with more guidance.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
<< <i>Welcome aboard.
Don't panic if you already washed them in soap and water. Unless they're gems it's not
likely they are completely ruined. Uncirculated coins will be shiny and this may be what
you have. >>
I haven't washed any. My husband suggested I needed to find out how to clean them.
Thank you for your advice.
BTW.Welcome to the boards.
Pick out the best morgan, best peace dollar and the 24-s and the 28-s for pictures.
http://206.84.131.147/karen/coins.jpg
All of the Morgans appear to be well circulated, as well as most of the Peace Dollars. A couple of the 1922's may be AU (Almost Uncirculated). I'm guessing that they are worth about $8-10 a piece...
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
Maybe try to sell them in 2 goups the morgans and the peace dollars.
Try the buy-sell-trade board or eBay.
Thanks All
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
Morgan Dollar Aficionado & Vammer
Current Set: Morgan Hit List 40 VAM Set