I am selling a part of my grandfather's collection tomorrow and need some help valuing this. I have 43 rolls of nickels from 1920's-1950's and 44 rolls of King George V and VI pennies. The nickels are ALL atleast VG, but there is only like 5 or 10 that are VG, rest is F and above. I have single rolls for years 22 and some other years (No 1926 or 1925 obviously haha) but there are atleast 30 nickels from every year with a lot more for some years. In total there is like 1700 nickels, lets say for the sake of the arguement, all are Fine and up. I would break the quality down like this: -25% are XF -30% are VF -40% are F -Margin of error would be something like 1% -There are maybe 10 in G -There are no 1926,1925,1921,1947 Dot, 1964 Extra WL, or 1951 High Relief..or low relief? cant remember haha -There are 4 rolls of 1964 UNC nickels. They are in atleast MS-60 state. The pennies -Each roll is a mix of King George V and VI -Quality breakdown would be: -35% VG -30% F -20% VF -10% XF -5% G Did not check every single roll but did pull out a 1926,plenty of 1930's and 1931's that I decided to keep as well as some 1927's. But not sure of the every single roll. Going by this price list which is quite old and conservative as it displays prices someone would pay for coins, I am thinking $2000 is a fair deal for both the seller and the buyer. So all in all 1700 nickels and 2200 pennies. Any comments? Photos were uploaded to: http://img529.imageshack.us/gal.php?g=dsc00623v.jpg
Please avoid selling enmasse ,surely you are a looser.Unless you are hard pressed for that money.(A general comment)
Interesting comment. I have promised myself that I will remember that just because a forum appears to be compromised of mature adults does not mean it actually is. Thank you for the advice and thank yourself for taking a moment out of your life to do something of utmost uselessness. I sold them today for $2500, so I'll make sure to post pictures of the kind of coins I'll be buying with that cash. I'd rather be a loser that turned $2500 into a $15,000 investment then some ignorant "winner".
I think what they meant to say was, you lose money if you sell it all in one lot. Atleast that's what i assume. And that you could probably get more money if you take your time and separate the collection.
Yea, that makes sense, but with nickels and pennies all of them being common dates really? That would take years to sell everything. I got a really good deal, found a coin collection that someone was selling and bought it with my $2500. The guy had no idea what they were worth, just needed to get rid of them because apparently some collector that ran up a tab at the seller's wife's bar, was paying her with old coins and rolls but he had like 10 bags of all sorts of coins. I offered him $2500 straight up and he agreed. Lets just say I got home to a couple hundred nice surpises :smile
