My grandfathers collection

milbroco · August 16, 2022 1:56PM

My grandfather passed away in the 1980's. In the mid to later 1960's, he started to save any silver, wheaties, ect. that he got in change. My brother has had them since his passing. Well he bought the house next to me and sometime in the next year we are going to sort through them. It will be a lot of fun bringing back memories of when we were around 10 or 11 years old going through these coins on his dining room table. Here are just a few blurry pictures. He is probably going to sell the non silver first in there is anything of value. Then I am not sure about the silver.
Bob

derryb · August 16, 2022 1:59PM

Your first web stop.

milbroco · August 16, 2022 2:04PM

Awesome. Thanks!

ifthevamzarockin · August 16, 2022 2:07PM

Another web site for you.

http://www.varietyvista.com/

milbroco · August 16, 2022 2:15PM

Awesome. Thanks!

Batman23 · August 16, 2022 2:32PM

Generally your circulated wheat cents from the 40s & 50s are only worth a few cents. Most of your circulated silver will be worth "melt" value. Searching for those special date/mintmark combos is what you are looking for. Pick up a price guide or a "red book" and look for the more valuable ones. Never know what you have until you look.

Oldhoopster · August 16, 2022 2:49PM

Spend $15 on a current copy of A Guide Book of United States Coins (the redbook). The prices may be a little off by the time you use it, but you'll easily be able to determine if a coin is common or a better date. It also has basic stuff like where to find mintmarks, simple grading info, better varieties and other stuff. Well worth the cost.

DBSTrader2 · August 16, 2022 3:00PM

Going thru a collection like that from my parents or grandparents would be Heaven on Earth for me, especially with all those Walkers & Mercs! Best of luck going thru it all! Any thoughts to each of you trying to fill a folder/album for each series to keep before selling the rest? Might be a nice reminder/tribute to your grandfather.

Joe_360 · August 16, 2022 3:03PM

@Oldhoopster said:
Spend $15 on a current copy of A Guide Book of United States Coins (the redbook). The prices may be a little off by the time you use it, but you'll easily be able to determine if a coin is common or a better date. It also has basic stuff like where to find mintmarks, simple grading info, better varieties and other stuff. Well worth the cost.

The 2023 edition is out already.

Glen2022 · August 16, 2022 3:08PM

I wonder how many similar mini-hordes are stashed away in people's drawers ( not the ones you wear, but the ones you put your drawers in)?

milbroco · August 16, 2022 3:11PM

Yes it will be a lot of fun. I am going to do a type set or two for both my son and daughter. and they can pass that down if they have kids.....even though that is the farthest from their minds right not now as my daughter just graduated from Kutztown University and my son is a junior at Temple.

AUandAG · August 16, 2022 5:19PM

THIS

@Oldhoopster said:
Spend $15 on a current copy of A Guide Book of United States Coins (the redbook). The prices may be a little off by the time you use it, but you'll easily be able to determine if a coin is common or a better date. It also has basic stuff like where to find mintmarks, simple grading info, better varieties and other stuff. Well worth the cost.

ricko · August 17, 2022 6:10AM

Double WOW!! That is one heck of a lot of coins..... Looks like your cold winter days and evenings will be busy. Hope you find some treasures in there. Cheers, RickO

milbroco · August 17, 2022 7:57AM

I am going to get the red book soon. I know most of the coins will be common but the book will show the better ones to look for........like the 1931S Lincoln.
There are about 5 to 7 jars and about a dozen of the plastic bags. One of the jars has some silver certificates or if memory serves me properly from my childhood, 2 or 3 that have Hawaii on them.
It will be a while (a few months) before we actually sit and sort through them. I will be scanning pictures and posting when we do.

Jimnight · August 17, 2022 9:06AM

Nice memories.

DCW · August 17, 2022 9:58AM

Could any profit from selling these coins exceed the sentimental value you already expressed in your first post?
I'd hang onto these.
This is going to transport you back to a time that was lost and is now found.

logger7 · August 17, 2022 10:01AM

I was able to get 25X face of so for 90% silver, Walkers, less for the newer coins. There can be big spreads at various shops for 90%. Silver could easily jump in the next month or two.

jedm · August 17, 2022 10:30AM

I hope you have an enjoyable time going through them and maybe tell a few stories between your brother and yourself. This is what life is all about. Your grandfather will be right there with you, I believe.
I like the old coffee jars too, don't toss them out they will be (are) a great mementos.

291fifth · August 17, 2022 10:30AM

Hopefully your grandfather was selective about what he put aside. If he was then there should be some better date coins. Let us know how it turns out!

milbroco · August 17, 2022 11:25AM

Could any profit from selling these coins exceed the sentimental value you already expressed in your first post?
I'd hang onto these.
This is going to transport you back to a time that was lost and is now found.

We both are in our early 60's so most would be sold by our children after we pass. We are going to select several coins for our kids to keep and pass along to their kids.
Plus, I know my grandfather would want us to use the money if we needed to. Well, I need a new A/C system....$10K and my brother needs another car for his wife. I know the melt value will not be enough for another car but it's a start. (For reasons of my own, I consider 95% of these coins belong to my brother).

As for the coffee jars someone mentioned..........Darn right we are keeping those. They bring back just as many memories as the coins do.

Bob

milbroco · August 27, 2022 11:48AM

Well I bought the red book. Now we just have to get settled down and go through some of the coins. My grandfather had a small blue coin book with Eisenhower on the cover I think from 1972. My brother or myself still might have that somewhere. I will post updates when we do go through them.

milbroco · August 27, 2022 11:49AM

And I forgot to mention that my grandfather had an 1972 double die and I still have that and that will get passed down to my son. My grandfather would sit at his kitchen table looking at the window going through rolls of pennies looking for one.

My grandfathers collection

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