Just found some coins... Worth anything?
Sean1125
Posts: 3,479
This is not a selling thread, I truly know absolutely nothing about coins... If anyone has information that would be sweet 
Found them in an old dresser from years ago. Conditions vary.
Obviously I can tell years, but I don't know names value or anything like that. If anyone can take some time out of their day that would be awesome
Dates vary from the 1800's to current.
Found them in an old dresser from years ago. Conditions vary.
Obviously I can tell years, but I don't know names value or anything like that. If anyone can take some time out of their day that would be awesome
Dates vary from the 1800's to current.
0
Comments
Check the backs of the Morgan dollars for mint marks located at 6 Pm.
CC dollars will carry a premium.
The name is LEE!
Dates and mints of all coins vary widely in their value.
Your best bet is to make a list by denomination, then date and mint. Approximate the physical condition in numismatic terms.
There are many references available at book stores, libraries and the internet.
A handful of old coins such as these may have a great value. They may be worth only a few dollars. At worst, the dollars and quarters and dimes are 90% silver and worth melt value.
A small amount of work could provide a valuable asset!
GOOD LUCK
<< <i>Which translates to how much per coin? (The top ones >>
basically those morgan dollars have close to an ounce of silver.. 90% silver..
so about 23-24 dollars melt value.
0.77344 troy ounces (24.057 grams) per coin.
Yogi Berra
This is the 6 o clock position on the back
1878 "S or 8"
1879 No Mark
1921 No Mark
1892 No Mark
1883 0
1979 No Mark
1884 No Mark
1879 0
1900 No Mark
1888 No Mark
1878 No mark
What would I be looking for on the other coins?
<< <i>Alright, so on the dollars I see...
This is the 6 o clock position on the back
1878 "S or 8"
1879 No Mark
1921 No Mark
1892 No Mark
1883 0
1979 No Mark
1884 No Mark
1879 0
1900 No Mark
1888 No Mark
1878 No mark
What would I be looking for on the other coins? >>
...scroll down to find where to look for the mint mark.
I don't deal with coins, and won't in the future and actually don't have the $12 to spare right now (I just lost my scholarship because I switched major)
--Franz Kafka
<< <i>Which translates to how much per coin? (The top ones >>
Basically, the dollar, half dollar, quarter and dime coins are 90% Silver which from todays silver closing translates to:
$23.28 for the dollars
$18.09 for the half dollars
$5.45 for the quarters
$2.17 for the dimes
Most coin dealers would offer about 80% of the above prices (19x face)
However, the Barber Halves, Quarters and dimes could gather a bit more depending upon year, mintmark and coindition since the series itself is worth more than melt value.
The Indian Heads (fairly beat up), Buffalos (appear to be dateless) and Liberty Nickels (appear to be common dates) have no silver so could go for anywhere from .50 to $5.00 each depending upon buyer. A coin shop may not offer more than a buck each, again depending upon date/mintmark/condition.
Any dateless coins would be minimal.
Check for 1901-S Barber Quarters. (Wouldn't want you losing out on a tremendous opportunity.)
The name is LEE!
Coins circulating today will generally have "P" (Philadelphia started adding mint marks in the 1980s, except on pennies), "D" for Denver, or "S" for San Francisco. "O" and "CC" mints are both long gone, as are two others that only minted pre-Civil War gold.
The things that make a coin valuable are:
1. Rare date and mint mark combinations: coins are frequently collected by date and mint mark. The rarer ones sell for more, based on supply and demand. And yes, a quarter from the right date in the 1930s can be more expensive than a more common one from the 1830s. Age alone does not make a coin valuable, though coins dated after the 1950s are usually extremely common--usually, but not always.
2. Condition: coins that are heavily worn from circulation are worth less than coins that are lightly worn, and uncirculated coins are generally worth more. Coins that are damaged from improper handling are also worth less; note that improper handling includes polishing or most forms of cleaning, so do not clean your coins!
3. Precious metal content: many of the coins pictured have silver metal, about one ounce for every $1.30 face value. (I'd have to look up a more exact figure.) With silver making headlines and jumping from $20 to $30 an ounce this year, your coins are poised to be worth a lot more in a few months than they are today--unless we're in an investment bubble on the verge of breaking. Welcome to the madness that is the precious metal market.
4. Simple supply and demand: If a coin series (that is, all dates and mint marks of a particular design) is rare enough or has enough overly expensive rarities in it, not many people will collect full sets by date and mint mark. For that reason, there may be some gold coins that are fairly rare are surprisingly worth only a little more than their precious metal content, even in nearly uncirculated grades. By contrast, the Carson City Morgan dollars are fairly numerous, but they are enormously popular and in demand, and thus even well-worn ones are usually worth over $100, if not more. The 1909-S wheat cent with the designer's initials "VDB" on the back is rare, but there are coins much rarer that are cheaper; there are just an enormous number of collectors who collect wheat cents. In fact, there are probably more coin collectors who do collect wheat cents at one point in their lives or another than there are those who don't.
I think that one is a typo; $10.88 for the halves based on $30.08/oz of silver.
Go to Coinflation LINK for up to date pricing info.
<< <i>The "O" mint mark means the coins were minted in New Orleans; the "S" were in San Francisco. No mark means Philadelphia, and "CC" is Carson City.
Coins circulating today will generally have "P" (Philadelphia started adding mint marks in the 1980s, except on pennies), "D" for Denver, or "S" for San Francisco. "O" and "CC" mints are both long gone, as are two others that only minted pre-Civil War gold.
The things that make a coin valuable are:
1. Rare date and mint mark combinations: coins are frequently collected by date and mint mark. The rarer ones sell for more, based on supply and demand. And yes, a quarter from the right date in the 1930s can be more expensive than a more common one from the 1830s. Age alone does not make a coin valuable, though coins dated after the 1950s are usually extremely common--usually, but not always.
2. Condition: coins that are heavily worn from circulation are worth less than coins that are lightly worn, and uncirculated coins are generally worth more. Coins that are damaged from improper handling are also worth less; note that improper handling includes polishing or most forms of cleaning, so do not clean your coins!
3. Precious metal content: many of the coins pictured have silver metal, about one ounce for every $1.30 face value. (I'd have to look up a more exact figure.) With silver making headlines and jumping from $20 to $30 an ounce this year, your coins are poised to be worth a lot more in a few months than they are today--unless we're in an investment bubble on the verge of breaking. Welcome to the madness that is the precious metal market.
4. Simple supply and demand: If a coin series (that is, all dates and mint marks of a particular design) is rare enough or has enough overly expensive rarities in it, not many people will collect full sets by date and mint mark. For that reason, there may be some gold coins that are fairly rare are surprisingly worth only a little more than their precious metal content, even in nearly uncirculated grades. By contrast, the Carson City Morgan dollars are fairly numerous, but they are enormously popular and in demand, and thus even well-worn ones are usually worth over $100, if not more. The 1909-S wheat cent with the designer's initials "VDB" on the back is rare, but there are coins much rarer that are cheaper; there are just an enormous number of collectors who collect wheat cents. In fact, there are probably more coin collectors who do collect wheat cents at one point in their lives or another than there are those who don't.[/q
Scott has said it best! Well done dude!
It doesn't look like you've got any key dates or anything especially unusual, but you should be able to get a few hundred bucks if you need quick cash.
Add up the total face value of the silver coins you want to sell, see if you can get 20x....maybe 22x or 23x for the morgans ?
You'll most likely do better there than at a coin shop.
Or you could geta book on VAMs and a microscope....by the time you're done attributing all those morgans, you'll be a full blown coin collector and will be
looking to buy more !
Ray
MGySgt USMC(ret)
1979-2003
Aviation Radar Technician
Communications & Electronics Chief
Someone sent me an offer and I sold them...
Just find that funny....not killer-funny but funny nonetheless.
<< <i>I didn't post this as a selling thread, I posted it as a "I need to get informed to sell thread" and I got like 4 people offering me for them. >>
I understand that..but the juxtaposition was too tempting.
<< <i>Sean
Check the backs of the Morgan dollars for mint marks located at 6 Pm.
CC dollars will carry a premium. >>
YES!, it's catching on
dates and mm are important
the 1914 quarter worth more if S mintmark
the 1913 indianhead nickel on the mound worth more if D or S
either of these could add $50 to group
if you have no interest. best sell them on eBay
as a group or get someone who can