I posted one other thread about Morgan Dollars in the last week. Cut this shorter as I inherited these coins and starting to get a little overwhelmed with the amount of them. If possible, could you guys provide me the value of these coins or even what you think I could sell them for? Other question I have is, If I put this stuff on eBay can I list some of it together or should I separate it all? Like I found a few more Morgan Silver Dollars so have around 8-10 of those. I have probably gone through about 5% of the stuff I have inherited. Not knowing as much about coins, can I put all the Morgan Silver Dollars together in a lot? Can I mix and match stuff or does that turn off a coin collector from having interest in it? Thanks for the look and input!
Considering the last Trade dollars were struck in 1885 (and only five proofs that year, which are worth a boatload of money today), your "1887-S" typo in the title made me look twice! Edit- I see you fixed that.
As to assembling pieces in lots of the same type, I think that makes good sense. You might want to post some of the lots here so we can preview them for you and make sure you don't have any rare key dates or anything that might be better listed individually. The Trade dollar you posted has been rather harshly cleaned (looks like a baking soda scrub), but if it's real, it's still good to have. (It looks fine to me on the authenticity front, but I'm not a specialist in them, and they're widely counterfeited.) That 1813 Classic Head cent might not have its original color (perhaps an older cleaning there as well), but that's another one that's nice to have. I've seen far worse. That's a tough type to find nice, and your example is OK, for the most part.
Thanks I edited the title. Sometimes my fingers move faster than my brain Between this thread and the other one I posted in the last little bit all of these coins have been in a filing cabinet I would say for the last 40 years. They have been moved once in the last few years when I inherited them and just starting to go through some of them now. Not all of the coins but I think a majority of them were bought by my grandpa from a guy named Bill Puetz. Is there any value in the stuff pictured? I have tried to sort through some of the stuff. No Carson Morgan Dollars. Think majority are fairly common just in decent shape. There are 45 coins in the 3rd picture above and think most are from 30's or 40's.
And then there are the "corrections" that autocorrect can so "helpfully" provide. I made a post earlier today with the word "shot" in it, and autocorrect changed the vowel to an "i"! Luckily I caught that in time! If you don't have a Red Book of US coins, you might find Numismedia helpful for a general price reference, though you must understand that those are retail prices, for problem-free coins. But first, in order to reference those prices or use any other priceguide, you'll need to have at least a vague idea of your coins' grades, and that's where you'll perhaps find the PCGS Photograde page helpful. .
LordM is giving you very good advice. As for the Trade Dollar, I don't know where you live but try to get it authenticated if at all possible. That coin is +/- $100 all day....if it's real. The Morgans all depend on the date, the mint, and the grade. The silver melt on a Morgan is about $12.00, but even worn condition Morgans go for $15 - $20. The '42 half is in good AU to BU grade and worth $15 to $20 or more. I can't read all the dime dates. Most look OK, some are close to cull, but at the very least silver dimes are worth about a dollar apiece just for the silver content. Check the dates and mint marks on everything, and follow the links LordM gave you for grading and valuation. If you find something you think is special or above grade, post some good pix so the guys here can help you out.
I hate to guess grade from photos, but that 42 half appears to be a high end coin. Handle that one with kid gloves. I would recommend maybe investing in a more secure holder just in case it should get dropped or something. It is a common date so even in high end grades it won't bring big money, but I believe that one is certainly worth preserving.
The 1852 large cent looks cleaned. The 1877-S trade dollar looks cleaned. If the 42 Walker is original it's in great condition. I wonder if it has been polished? The 1813 also looks as if it has an old cleaning.
That was my first thought too. And it's danged hard to tell with photos but I do believe I see some mint luster going on there.
Appreciate all the comments. I am a sports card collector so while I don't collect coins I can appreciate it. I know is all about the coin and condition is just baby steps when I don't know much about coins at all. I do have an eBay account and 100% rating. Kind of wondering if I should put on eBay or sell to a local dealer? Just from some of the comments it seems like the stuff is real but like one user said if the 1877 is authentic for example. Should I think about grading the 42? It looks in real nice shape. I figure is a cheap coin, but maybe in that condition worth a shot? I know is a guessing game with grades just appreciate the insight.
It's a tossup. Selling on eBay instead of to a dealer is likely to fetch you more money, but is also a lot more work. There is the consignment route, too, but I have no experience with that. Always did my own eBay listings. Guess it boils down to how valuable your time is to you.
Very true Probably only looked at 5-10% of the coins I inherited. Kind of thinking I can slowly go through it and sell what I don't want and probably end up handing down some of this stuff years down the road. Random question How often do dealers get coins graded? Mainly asking because if I would walk into a local coin shop and would try to get 1 or 2 coins graded I wonder if they would help me out and ship them with their coins. Figure they can just tell me no or laugh, just wasn't sure if that was bad etiquette on my part if I would bring it up.
Here's my take. As long as I been answering these questions my answer 100% of the time is... No, do not go to the expense of grading. However with your half, I am on the fence. It is a common date. Photographs are horrible for making a call like this, but from what I can glean from your photo, you appear to have a high end half. Now I haven't researched the numbers and this is just for examples sake... An MS62 half may go for $50.00 while an MS66 half may go for $300.00. Until you go to the expense of grading (Figure around $40.00), all you have is a nice half. If it were my half and I wanted to maximize the profit potential, I would seriously consider having that one graded if it is as nice in hand as it appears in the photos. And I have never before today considered offering that suggestion. I do believe yours has a chance at being a higher end coin. It is a crapshoot and I don't have it in hand but I very much like what I see in the photos.
It's not bad etiquette at all. It is why there is such a thing as PCGS and NGC authorized dealers. That's what these people are authorized for - to submit customers' coins, not just their own. Find one you can trust and develop a rapport with, and he or she can help you considerably by prescreening what is and is not worthy to submit (i.e., cost-effective, with a reasonable risk-to-reward ratio). Most of the material may not be. But if some is, maybe the dealer will take on some of your lesser material in exchange for the submission costs of your stuff that is worthwhile.