Large (inherited) collection; finally catalogued; now what?

Discussion in 'US Coins Forum' started by kookiez, May 15, 2021.

  1. kookiez

    kookiez New Member

    I posted here in 2019 asking what I should do with a very large coin collection I inherited—many recommended I should catalogue them and then I could start to sort through them. 3 years later...I finally have them in card flips, sleeves, binders, sorted by face value and catalogued in excel.

    I'm overwhelmed by how many there are and don't have the desire/time to learn how to be a coin collector, let alone figure out what to do with them. And I don't know which ones should be graded or of higher value, though I know I have a few special ones.

    Is there a trusted specialist anyone can recommend to look at my catalogued list and help me figure out next steps? Any advice is greatly appreciated.
     
    capthank likes this.
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  3. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Haven't you done any reading here (besides your cataloguing) to determine what might be worthy of TPGing? Sounds like you want someone else to do your homework.......
     
    Hoky77, Alegandron and Matthew Kruse like this.
  4. yakpoo

    yakpoo Member

    It sounds like you're looking for a trusted Numismatist/Dealer who can guide you in the sale of your collection. If you can post a general summary of what you have and some pictures of the "special ones", I'm sure you will get plenty of good suggestions. What State do you live in?
     
    capthank, wxcoin, coin dog and 4 others like this.
  5. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Well, that was much nicer than my reply.
     
    Treashunt, Hoky77, capthank and 4 others like this.
  6. Publius2

    Publius2 Well-Known Member

    Since you are posting on the US Coins Forum, can we assume that the vast bulk of the collection is US? It also sounds like most if not all of the collection is raw?

    Do you have any idea of the approximate value of the collection? I mean, order of magnitude estimate? $10K? $100K? $1M?

    Your choices are the Local Coin Shop; a well-known national coin dealer like David Lawrence Rare Coins or Elizabeth Coggin; or an auction house like Great Collections or Heritage.

    Give Liz Coggin a call, she has a website and ask her to look over your Excel file and give you an opinion on how to proceed. Can't hurt.

    or:

    Post it here for all to see and there will be someone or several someone's who can better direct you since you haven't given us much information to go on other than it's lots of coins.
     
    capthank, johnmilton, wxcoin and 4 others like this.
  7. eddiespin

    eddiespin Fast Eddie

    Where do you want to go with these? Look, you can trust me, send them to me... :)
     
    kookiez, wxcoin, Revello and 2 others like this.
  8. ldhair

    ldhair Clean Supporter

    A few images of what you feel are some of the better coins would help folks here guide you in the right direction.
     
  9. Jim-P

    Jim-P Well-Known Member

    I'm presuming that you have an idea of total value based on age, quantity, and condition and that you have done a cursory internet search for "key" coins of a particular series/denomination, and checked on-line internet auction sales for any that are particularly old and look to be in premium condition. Don't have to be a coin collector for that. If you think you have some serious money there, you probably should go big. You might consider asking established antique dealers near where you live who they might go to without disclosing too much or committing. Regarding grading: whereas you don't want to be a coin collector I say don't spend the time on grading, none should be graded unless and until you are ready to commit to someone.
     
    capthank likes this.
  10. Matthew Kruse

    Matthew Kruse Young Numismatist

    Post the excel sheet you have or send it to someone willing to look. Quality over quantity. You could have thousands of wheat pennies or something but if they aren't key dates or in great condition, good luck getting much of a premium.

    If you aren't a collector and don't want to be, I wouldn't recommend getting any graded and wasting your money. Get a blue/red book on Amazon for 10 bucks so you have an idea of what its worth. Feel free to send the excel sheet to me and I'll give you an idea.
     
  11. yakpoo

    yakpoo Member

    I wonder if the OP will return. I would love to see some pics.
     
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  12. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    I'm thinking the coin collection is en route to Fast Eddie....
    But yeah, would love to see the list and some images of the specials...
     
  13. Publius2

    Publius2 Well-Known Member

    Are we getting trolled?
     
    UncleScroge and Matthew Kruse like this.
  14. eddiespin

    eddiespin Fast Eddie

    And if he's afraid to mail them in, no problem. Find me at Tom's, Melrose Park, 19th and North, back table, most nights. I deal in furs, jewelry and electronics, too, if he's got any...
     
  15. Mr.Q

    Mr.Q Well-Known Member

    Purchase the latest edition of the Red Book, Find a local trusted Numismatist/dealer for advice. Get a second opinion from another professional. In the end the final decision is yours. Good luck
     
  16. kookiez

    kookiez New Member

    hahaha. thanks for that!
     
    eddiespin likes this.
  17. kookiez

    kookiez New Member

    Thank you so much for your helpful response. I'm in NJ and not counting the pennies there are more than 650 coins, almost 100 proofs/mint/commemorative pieces, plus paper currency. Here is an overview:

    • 108 dollar coins: 1878 to 1990 (some uncirculated and proofs plus 3 CC in cases)
    • 67 half dollars: 1942 to 1982
    • 59 quarters: 1860 to 1976
    • 231 Dimes: 1877 to 1970
    • 189 nickels: 1883 to 1982:
    • 5 gold coins: 1880 to 1927 (3 are in spring holders)
    • Pennies: I have hundreds of them and still sorting through but I think my earliest is 1940)
    • 26 proofs sets: 1970 to 1973
    • 31 mint sets: 1963 to 1993
    • 36 US Commemorative Coins, Medals & Jewelry: 1972 to 1979
    • 41 Paper currency: 1928 to 1976 plus 2 uncirculated from 2003

    Regarding finding a trusted Numismatist/Dealer: Is there an organization/affiliation or certification I should be looking for when trying to find someone?

    Thanks again for your help.
     
  18. kookiez

    kookiez New Member

    what is OP?
     
  19. kookiez

    kookiez New Member

    Yes, that's exactly what I'm looking for...
     
    yakpoo and Kentucky like this.
  20. kookiez

    kookiez New Member

    Not at all. Please see details posted above.
     
  21. kookiez

    kookiez New Member

    ;)
     
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