In Laws

EJB · November 19, 2005 12:16PM

Recently my Brother in law went to LA to help with a Great Aunts storage of goods after her passing away ..He brought back a watch and about two pounds of coins most pre 1930....I had a brief look at the coins and then had to depart, aprox three months later I had a chance to look again, All the Morgans, all the SLQ, all the walkers were gone, (crackhead son). But there is a lot of 19th century canadian coins and some nazi one and two phennings...I asked to look at the coins again and then maybe buy them, Where as I was told they were not sure how much they were worth, but if I wanted to have them I could, and give back a nice set of coins that they could keep for future use...I didn't like the phrase were not sure what there worth (afraid I'll screw them)..anyway do you think this would be worth the future hassles....Be Honest...Pardon the spelling...I'am not to happy right now and a little Boozed up..This last conversation happend over the phone.and I see these people once a year.

gtstang · November 19, 2005 12:41PM

people that dont know will always think old coins are worth a lot more than what they are. And then they might have something like a rare book and sell it for a dollar at a yard sale.
Sounds like you ought to pass because its family and tell them to try a local dealer to see what offers they get.

EJB · November 19, 2005 12:51PM

...These people are family, no matter how STUPID they are...I love coins and hate to see this just given to some hock shop slob...I do understand what you are saying, but man do I love coins...so far one vote for telling them to shove it...

drwstr123 · November 19, 2005 12:53PM

Tread lightly, friend. There's aleady a recognized problem within them. sincerely, Mike

CoinOnTheCob · November 19, 2005 12:56PM

<< people that dont know will always think old coins are worth a lot more than what they are. >>

I don’t know why that is, but it’s true. When I first became interested in coins about two years ago, I bought a book to look up the coins that I had. I chose the handle “CoinOnTheCob” because I found out that my treasure was made up of regular, garden variety old coins.

My grandfather, who collected bicentennial quarters ever since 1976, asked me in 2000 what I thought they were worth. I had to tell him that, because of mintage, they were worth about 24 ½¢ a piece. I could tell he was disappointed.

Coinosaurus · November 19, 2005 1:08PM

This is easy. Tell them to get an offer from a local dealer, then after that whatever it is offer them 10% more. I suspect you will still come out way ahead

michael · November 19, 2005 2:22PM

pass........................................

all the good ones have already been picked through by some coin buyer and the insueing cash paid for the coins already toked up

larrynj · November 20, 2005 12:49PM

my mother-in-law is uglier than the indian on a buffalo nickel.

BlindedByEgo · November 20, 2005 1:00PM

I dunno why, but somehow family and coins don't mix well. Maybe, as it was stated before, it is the perceived value thing. Yeah, as if some pawnshop guy is gonna treat them better than a family member

My suggestion is to make the same offer that I made to my 78 tear old aunt back East (my uncle, gone some 15 years now, left a NICE collection of classic and 3 dollar gold) - call me anytime and I'll fly out, but calll me first. At least I'll help you not get screwed.

Then I dropped the subject.

In Laws

Comments

Leave a Comment