My coworker saw me always rummaging through all the change and opening altogether way to many pennies and asked me if I would want his collection. I told him most definitely and last night he brought me what he could find of it. This included 2 1969 uncirculated mint sets. and a bunch of pennies. 1-1912 1-1919 3-1920 3-1940 1-1940s 4-1941 1-1942 1-1942s 2-1942d 5-1944 3-1945 2-1945d 1-1946 4-1946s 1-1946d 1-1949d 1-1950 1-1951s 4-1952d 2-1953 4-1953d 1-1953s 2-1954s 4-1956d 2-1957d 1-1958- looking for this one FOREVER 4-1958d 1-1964d 1-1973d There is also a coin or token that is Arizona state tax commision(obverse) To make change for correct sales tax payment(reverse) Canadian 1-1961 and my personal favorite Indian head cents 1-1894 1-1896 All in all he said he was sure he had more but that was all he could find for now and asked if I would want the rest after rummaging through the pennies I had only seen the one Indian head cent and was more than happy with this find I told him I'd take anything he had.
Wow! How cool. I was at the bank yesterday and asked for a roll of dimes (I needed a 2003 P dime) and the teller asked if I was a collector. I told her yes and she asked if I wanted to look at her collection and make her an offer because she is trying to get rid of it. Yippeee. I made arrangments to see them tomorrow. I'm dreaming of of 09 s vdb and some other holes I have.......It's fun to dream.
All in all I only filled 3 holes but I really want to finish my wheatie collection (trying to decide if I should just leave holes for the key dates and get them later) So I can start on the Indian head cents, I didn't have any and nearly died when I saw them in his little cardboard jewelry box. All he made me promise is that I wouldn't sell the uncirculated mint sets because he wants me to have something to remember him by .
So, then, here's a question I've been trying to ponder: Suppose a friend or relative wants to get rid of their collection. Further, suppose (for this hypothetical) it's all average/circulated silver. (Say, e.g., Mercs or Roosies or Franklins, no rarities or key dates, mostly in G to VG condition) Now, my understanding is that the average dealer would just offer face value (firstly: is that presumption correct?) -- but this is a friend or relative. So, what would _you_ offer? Melt value? Less? More?
My dealer offers melt value - I won't say it is exactly melt since I am not sure. First I would search for any key dates that may need to priced as a single. Second I would get a quote from a dealer for the bulk coins. Then I would probably offer a little more than the dealer. Just what I would do - I know dealers need to(and deserve to) make money from the purchases, but since I am buying from a friend I see no need for me to make money. I mean - today I promised my proof lincoln commemorative to a friend for my cost. He missed out ordering a proof and I know he has almost(maybe missing one or two) a complete collection of silver proofs.
