(Pictures at the bottom) Just the other day I was thinking to myself... "I cant be the only one in my family that's been into coins... I wonder if my relatives have" - couple days later my dad returned from my Grandmas with a Crown Royal bag with a bunch of coins!!! My Grandpas brother, who died from a heart attack at age 39 collected these coins. Our favorite by far is the 1852 large cent, it comes with a note attached that explains it was a "pocket piece" from my great-great grandfather Sven, given on his 88th birthday in 1919 to his daughter... he kept to comemmorate his voyage from calmar sweden in 1852 I know your not supposed to clean coins , but I've heard from people that they remove green from copper and nickels - do you practice this? if so how? I want to preserve this coin more than keep it for physical value...the value is in not seeing it carrode into nothing since its a family heirloom I couldn't believe it. a Hobo Nickel! I've always wanted one! It's a nice 1914-S too! Definitely and original because this coin collection hasn't been added to since 1957 and alot were probably put together long before then. 3 morgans, commemorative 1883 halfs, an 1878 seated half that doesnt sound or feel heavy enough to be silver?? 1923 and 1925 comem halfs... lots of v-nickels, some common silver and quarters... bunch of barber dimes.. few foreign coins (1919 swiss coin, 1872 one shilling) Indian Head pennies, 1865 and 1864... kinda beat up but still good. I cant believe there was a 1943 filled die ghost-4 steel penny - the second i've found in 2 days! there were also some wheats and some nice 1943-S steelies two 1913-D buffalo nickels!! It was so awsome to find out what a 'type 1' and 'type 2' were, and find out I had both!! Two 1915-S $2.50 gold comemm. and a 1915-S $1 Gold Panama Pacific comemm. in amazing shape!! - I think we're going to get these 2 coins graded - what do you suggest? $6 was alot of $ to save back in 1915!
they are u.s. comemmorative $2.50, $2.50 and $1 pieces... I believe they are 90%. My dad gets to keep the gold coins, the 1852 penny and the 1858 flying eagle cent... everything else I get to keep!
It was a blessing for you,your dad and your Uncle that his collection goes on in the family! So many coin inheritors have no numismatic knowledge, they exchange the coins at face value at their bank or sell them for a fraction of their worth to some unscrupulous dealer or collector. I'm glad your grandmother saw fit to hand the collection over to your dad and you! Clinker
I caught the note about attempting to get rid of some of the green stuff on some of the coins. I suggest you do nothing to those coins to in any way clean them. The best thing is to just make sure they do not get any further exposure to the air. I would put all coins in 2x2's, Albums such as Whitman or Dansco. Most coin stores sell those plastic sheets that hold 20 2x2's and they go into a 3 ringed binder. I would suggest you put all possible coins in 2x2's and then in those plastic sheets and then in a plastic 3 holded binder and then into a freezer type zip lock bag with all the air pushed out. As to haveing any of those graded by a TPG service. WHY? Not worth the money, time, effort unless you are planning on selling them. You would then have a pile of plastic slabbs for what? No just be happy with what you have. Some really great looking coins. WOW.
The Panama Pacific Commemoratives are the real keepers in the lot in my opinion. Very nice looking coins. They're probably the only ones I would consider having slabbed, and then, as Just Carl notes, if you were interested in selling them. But you might consider having them insured... you're looking at a low four digit total for those three coins alone.
Yea we are just considering the Panama Pacific coins - in MS67 the $2.50 pieces list @ $20,000 each on pcgs! does anyone know how much it'd cost to get them graded? it'd be nice to know just because they are in really great shape... if they gain value wont it cost more to get them graded in the future? Thank you for the advice on the green carrosion... I dont like the idea of cleaning any coins I just wouldn't want the 1852 penny to get in too bad a shape.
Yeah I think we will hang onto them but are considering getting them slabbed because they are in such good shape... I estimated a value of about $3500 bottom end for the 3 coins because they are in such good shape? maybe more if they get a good grade? PCGS says in "EF" the $2.50's are $1450 each , in MS67 20,000 In "EF" the $1 is $600 and in MS67 12,500 These are definitely going into the safety deposit box
What a nice family gift :hail:Great score and make sure you thank your family. Now is the time to build up your collection at your own pace, keeping in mind that you may want to give these coins to your family, before or after your gone. Think of the thrill you got and imagine how someone you loved would feel in years to come when they get this improved collection. Do the right thing and enjoy the heck out of collecting now and pass it on for another (or others). Bruce
LUCKY DOG! All I have to say is appreciate those coins! Not only are they valuable dollar-wise, they were collected by your ancestor which makes them invaluable. Enjoy!
As Clinker pointed out it truely is amazing how many coin collections end up in a banks counter, flea market, or even a grocery store. So many that inherit coins have no idea of what they are and just dump them. Great that you iherited them or who knows where they would all be now. Take care of them all. Regardless of where you keep them, I suggest you place then in freezer type, zip lock bags with all the air possible pushed out. I've been doing that ever since plastic bags were invented and all coins still look like new.
It all depends on grading, of course. I stayed away from a definitive "value" because no one source is going to be the definitive valuation of any given coin. There is going to be a range around the valuation assuming that it's reflective of the market at the time that the value is printed/provided online. A dealer would buy under a "guide book" value in order to make a reasonable profit on the coin when it is resold; the "Gray Sheet" numbers for example won't look as good as what PCGS states. The good news is that since you know what you've got, you won't get lowballed by a dealer seeking to make an unreasonable profit on a resale! The Safe Deposit Box seems like a good choice to me. Thanks for sharing the photos with us.
