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Will Question: Appraisal and Selling...
JoshL
Posts: 656 ✭✭
Let me first explain my situation...then ask a couple of questions
If something were to happen to me I would want my family to be able to have my collection appraised accurately. I have a lot of toned Morgan Dollars...and DMPL Morgans.
I would also want them (if they decided to sell them) to be able to get the maximum amount out of them. This would prob mean selling them individually or through auction.
I used to collect coins...then had to stop. In the past year, however, I have started collecting again. The value of the collection would be in the six digit figures...so I am looking for someone that has a good reputation in the coin community. Someone that could be trusted to appraise them properly. Almost all of these coins are PCGS graded coins.
So here are the questions...
Can someone point me in the right direction of a person or will accurately be able to determine the value of my coins...especially knowing that toned Morgans are worth more than regular Morgans. This person does not have to be the same person who sells the coins.
Can someone point me in the direction of a person who could sell the coins piece by piece...with them making a commission of course?
Can someone point me in the direction of an auction house that could do the same?
What I am looking for is to put the names of these individuals within my WIll and their contact numbers. This will make it easy for my family to take care of business.
Thanks ahead of time for your responses...
If something were to happen to me I would want my family to be able to have my collection appraised accurately. I have a lot of toned Morgan Dollars...and DMPL Morgans.
I would also want them (if they decided to sell them) to be able to get the maximum amount out of them. This would prob mean selling them individually or through auction.
I used to collect coins...then had to stop. In the past year, however, I have started collecting again. The value of the collection would be in the six digit figures...so I am looking for someone that has a good reputation in the coin community. Someone that could be trusted to appraise them properly. Almost all of these coins are PCGS graded coins.
So here are the questions...
Can someone point me in the right direction of a person or will accurately be able to determine the value of my coins...especially knowing that toned Morgans are worth more than regular Morgans. This person does not have to be the same person who sells the coins.
Can someone point me in the direction of a person who could sell the coins piece by piece...with them making a commission of course?
Can someone point me in the direction of an auction house that could do the same?
What I am looking for is to put the names of these individuals within my WIll and their contact numbers. This will make it easy for my family to take care of business.
Thanks ahead of time for your responses...
I love coins...
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Comments
I wish I could help with the specifics but my knowledge of Morgans, especially toned Morgans is very limited. Here are some thoughts though.
You don't want these coins brought into your local dealer. I'm sure they would bring just a percentage of gray sheet bid with no allowance for the value of the toning.
Is this the kind of item you want to be in an inheritance? Possibly not. It is very difficult to value.
If you are really concerned about this perhaps this is material you should sell now, while you can still make the decisions.
They charge about 5%.
Heritage web site
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Is this the kind of item you want to be in an inheritance? Possibly not. It is very difficult to value.
If you are really concerned about this perhaps this is material you should sell now, while you can still make the decisions. >>
I am young and don't plan on passing on into the Great Coin Heaven anytime soon But then again you never know...
I love my collection and enjoy it...so it is not something I want to sell at this time. I am just thinking ahead...that is all.
Thanks...
K S