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A Client Asked Me To Look At Her Late Father's Coins....Would Appreciate Some Comments
Elcontador
Posts: 7,680 ✭✭✭✭✭
By far, the most valuable items were 5 GSA $s in their original cases, complete with inserts. They were common dates ('82, '83 & '84 CCs). For a given grade, what sort of premium are these coins in the original cases, etc., in MS 62 through MS 65, respectively? One 84 CC might 5 on a good day; I've seen worse in 5 holders, another coin might 4. The remaining 3 were typical GSA coins, in the MS 62-63 range.
The most interesting circulated coin was a 34 S Peace $, with funky toning, in the F-VF range. Any idea as to its worth? I believe it's a better date.
He had the circulated silver, which I told my client was worth 3.5 to 4 times face, that the value was tied to the market price of silver.
He also had a lot of IKE $s (one proof 1971 in the Brown Box, the rest circulated or low grade Uncs and a handful of Bi-Centennial $s. I don't imagine they're worth much. He also had a 2 piece 1986 Commem set, about which I know nothing.
There were also 3 1961 PF Sets in the original packaging. They looked attractive, albeit not eyecatching. The nickels were all golden toned. I don't imagine they're worth much.
It was neat going through the circulated coins. It reminded me of what I used to do when I was a kid. Saw a very worn 1911 P Barber Dime, and an 1892 Barber Qtr that looked VG. I also saw a 1917 P type I Stander that was in the VG-F range, and an attractive 1935 P Lincoln which was a handsome AU. Will give my client some 2 * 2 non PVC flips for the circulated coins if she wants to keep them.
I didn't ask for any payment (I go back years with this client), but she insisted on giving me a neat 1937 P Buff in XF or AU as a "thank you."
The most interesting circulated coin was a 34 S Peace $, with funky toning, in the F-VF range. Any idea as to its worth? I believe it's a better date.
He had the circulated silver, which I told my client was worth 3.5 to 4 times face, that the value was tied to the market price of silver.
He also had a lot of IKE $s (one proof 1971 in the Brown Box, the rest circulated or low grade Uncs and a handful of Bi-Centennial $s. I don't imagine they're worth much. He also had a 2 piece 1986 Commem set, about which I know nothing.
There were also 3 1961 PF Sets in the original packaging. They looked attractive, albeit not eyecatching. The nickels were all golden toned. I don't imagine they're worth much.
It was neat going through the circulated coins. It reminded me of what I used to do when I was a kid. Saw a very worn 1911 P Barber Dime, and an 1892 Barber Qtr that looked VG. I also saw a 1917 P type I Stander that was in the VG-F range, and an attractive 1935 P Lincoln which was a handsome AU. Will give my client some 2 * 2 non PVC flips for the circulated coins if she wants to keep them.
I didn't ask for any payment (I go back years with this client), but she insisted on giving me a neat 1937 P Buff in XF or AU as a "thank you."
"Vou invadir o Nordeste,
"Seu cabra da peste,
"Sou Mangueira......."
"Seu cabra da peste,
"Sou Mangueira......."
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Comments
Sounds very similar to the type of stuff that walks into the office on a regular basis.
The GSA $s trade for close to bid, regardless of the holder. They can be bought and sold between $170-$220 for the low end MS examples. For MS-64 and 65 examples, then you are dealing with bid. I would send those into NGC (in the GSA holder) for grading.
The 34-S $ is probably a $50 coin, but could be more if the toning is attractive.
We pay 4.3X face for common 90% today. It fluctuates with the spot market.
We pay 10% back of bid for common Brown/Blue Ikes. The loose Ikes are worth $1.10 tops. I spend them.
The 1986 2 coin set was probably the U.S. Statue of Liberty Half and Dollar. If the set was the uncirculated version, it bids at $14. The proof version bids at $13. You would pay 90% of the bid price.
The 1961 proof sets are worth $9 each, but more if any coins are cameo.
The other loose coins are worth bid, unless very nice for the grade.
The good news is that the XF/AU 1937 Nickel she gave you just jumped on the Greysheet today and is now worth $1,5000,000. Congratulations!
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<< <i>The good news is that the XF/AU 1937 Nickel she gave you just jumped on the Greysheet today and is now worth $1,5000,000. Congratulations! >>