Everyone in my family is hurting for cash... including my grandmother... so she is curious what some of her coins are worth. A ton of coins, I am mostly focusing on her Silver Coins for now. Found this site while trying to find a "local" place to grade coins... do not really feel like mailing a bunch of off cherry picked coins, just to find out they arent worth the grading price... This is the first two I scanned... what looks to be the "best of the morgans in this collection" there are quite a few, but mostly 1921 and worn out ones. This one is a bit reflective, but not a mirror obviously, does not show up on the scanner... Mid Grades? Worth it to just toss them up on ebay? Any decent places in Michigan to grade coins?
1921 was a very common Morgan and the last of them. Too bad she did not have the 1921 Peacey's. F for the first couple of Morgans. Sorry Traci
Well depending on dates and mint makes some of them might be worth sending off. If most are 1921 and worn like this then they are worth silver content - that can add up. Also I would check with at least a few local stores if I was use - one local store here tends to pay a few cents more than others.
Traci, those two Morgans are much better than Fine (which would have considerably more wear). They are at least XF. The coins are worth approximately $15 to $18 each and should be able to be sold without having to mess with the effort and fees involved in going through Ebay. Edited to add: Here's a PCGS Fine
Oh well was actually expecting them to be worth more than that... a sample of some more of the coins...
Many people mistakenly think that coins are valuable merely because they are old. Often, however, value is more dependent upon condition, than it is age. Most dates in the Morgan and Peace dollar series are still available in huge quantities, even in uncirculated condition.
D... not as good on this side. Any other morgan years of interest? I have a few more years... over 50 Morgan coins. I've not even gotten into the half, quarters, dimes and nickels yet... not sure if she GAVE AWAY all of her proof sets or not... that was her Xmas present to everyone a few years ago (all she had). I told her not too, but she split up a lot of sets that were double sets... sigh... I dont expect them all to be worth a lot... just hopeing to find a few... for food money... and I want to make sure I DO NOT have a $1000 coin if I sell them by the pound for silver value. Ide feel like crap if that happened... lol. ...and with a little luck I might find a enough with "mid-high value" to help fund a new business... (I want to open a hobby shop, since the local one closed due to a co owner taking all the merchandise and vanishing lol)
I'd suggest picking up a copy of The "Red Book", officially called A Guidebook of United States Coins. It is a good, affordable general reference book for your purposes. http://www.amazon.com/Guide-Book-Un...=sr_1_1?ie=UTF8&s=books&qid=1246215743&sr=1-1
I am curious as to the reverse of the 1889 one. The mint mark has so much to do with value, you should list the year and the mintmark, and one of us could tell you which might be more valuable , and you could post photos of those. The redbook is a good idea also ( almost every library has one). Jim
The common dated morgans, in the condition you have, are worth around $15-$18 each, as Mark has stated. Pick up a copy of the redbook, and find out which coins in the series are rare, you say you have over 50, well look for CC's, and tell us what you find. The mintmark of a coin has a lot to do with the value, you could have 1884 O which is a common date/mintmark combo, or you could have an 1884 CC, which is much rarer. Everything I've seen so far COULD be only worth about $15-$20, but we don't know, for each coin we'd need to know the mintmark as well.
I Agree with this post 100% before you sell make sure since you are new to this you look twice at each coin then again a 3 rd time. Any coins that are bent or look to have any damage set aside to sell as spot... but still check them some culls are worth more if they are a key or semi key coin. I just sold an item for a family member I had e mailed pictures of this item to people who were experts in the field of this item. I got good feed back and a price for said item....but I always do my homework the value that was givin me was $450. then I started to dig finding more on this item long story short got 4 times the amount for the item. Don't jump at the first offer I know you said she needs the cash hinde sight is always 20/20. Good Luck I hope you find a coin of hers that scores big time. Best Regards Paddy
Don't dismiss the smaller denominations either....ones from the nineteenth century(barber/seated) are actually often more valuable than the morgans in higher grades, even the "common" dates.
The 1889 has no mint mark, and I already looked for CC... none. 3 more coins... There are also some 1952 halfs with Booker T... Still digging through... trying to find coins that mostly look nice or better.
If you have 50 of the coins there is a chance you have a valuable VAM in the bunch. You will have to look at each one though to be sure.
Did anyone's grandmother, who lived in the early 1900's, collect any coins besides morgan dollars and indian head pennies? Grandma, couldn't you have collected some early walking liberty halves, standing liberty quarters, mercury dimes or barber anything? :crying:
No clue on the VAM thing... She has a few rolls of mercury dimes to go through... she has the rest of the coins seperated by year/mint... so I did not want to mix them up yet till I talk to her about them. Anything special to look for? Definatly a LOT of pennies... collection books that are full on every page, and extra collection books that are mostly full... and rolls and rolls... it was the depression, thats all they could afford to "save" was pennies lol. She insists she has a double stamped 1955... my mom says she saw it but just tossed it back in the pile not knowing what it was, years ago... no ones bothered to go through the pennies again since... But then she also, insists she saw one of those V dimes in her collection (the one were there are only 5 or 6 ever made), but I think she just saw it in a book some where Be nice if there was one.... $3 million or so would solve alot of our money problems.