Face value of your coin collection

I remember calculating once that a complete date set of large cents (in MS 65 of course) would be 67 cents face value.

Very best regards,
collect89

 

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But there is a way to insure your coins, right?
I know people get it down, but I don't remember how...
They insure them for the value, actual value not face

(And that would really suck... Getting reimbursed by 67 cents!)

 

just totaled mine came to $109.08

man those halves really start adding up.

 

To get a coin collection covered, you have to pay an extra rider (fee) on your policy. They usually require a printed appraisal from a reputal coin service or coin shop. Otherwise, it is face or not covered at all depending upon your insurance company.

Bob

 

It's really no different that any collectible, jewlery, cars, coins, antique furtniture, art, on and on. Everything is insurable, just need to find the organization that will write the policy and you need to be able to afford the premiums.

 

Counting only what's in my Dansco albums:

Let's see . . .
my cents collection: a whopping $2.39
nickels: 7.15
Merc dimes: 5.90
Roosies: 11.90
Wash Quarters: 43.25
Walking Halves: 9.50
Franklins: 8.50
JFK's: 11.50
Morgans: 49.00
Peace 14.00
Prez dollars: 24.00

Total: 187.09

Which is funny to me for many reasons: not the least of which is that I have many more times that in various stuff that's just for sell or trade (proof sets, quarter roll mint sets, tyler dollar mint sets, rolls of 2009 cents, etc.)

 

Now how many of us wish we could have paid face value for our collections?

 

Don't have time, but would estimate
US coins $125
Mexican coins 80 peso and earlier 40 reales
a whole bunch of other world coins,

 

US Collection @ $344.00 ... minus that stack of $2 bills = $144
Foreign = ???

 

.........sounds very much the same mo as the government.

 

Me! :mouth:

Actually, I did a count last week. $75 worth of silver half dollars!!!!:bigeyes:

$50+ of that I got for face :bigeyes: (including $10 worth of walkers!)

 

Me.

Update (forgot ASE and Washington Silver)

379.04 Coins

I have some paper currency coming, so will update that later.

 

I was attempting to convert a 1/26 Shilling from Jersey which was the equivalent of one French sous in 1841. I figured that the old Jersey pound could be easily converted to English pound & US dollar. I think that there were 13 penny to the shilling in the Jersey pound system in 1841. However, they converted to 12 pence to the shilling in 1877 so I might assume that my 1841 coin (in 1877) would then be valued at 1/24th of a shilling even though it clearly states 1/26th right on the coin. At this point I was too confused continue with the conversion.

It also gets fuzzy when calculating the face value of some errors coins. That quarter struck on a struck cent is worth 26 cents right? That bullion coin struck on a 40% clipped planchet is maybe worth 60% of face value.......

Very best regards,
collect89