Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
1940's Walkers - Sell or melt?
>
Reply to Thread
Message:
<p>[QUOTE="AtlantaMan, post: 26187270, member: 158885"]Hi,</p><p>I am charged with liquidating an estate. In that estate is a coin collection with about 500+ Walkers from the 1940's. No rare dates or mint errors, just plain vanilla Walkers whose condition would probably be rated Good to Fine. An example is shown below. </p><p><br /></p><p>I can sell them on USA Coin Book (to keep the costs low). If I received gross proceeds from the auction of, maybe, $13.50, then after commissions, listing fees and mailing ($1.19 for a 1-ounce non-machinable letter) I net about $11.80. I have an account at a commercial smelter who, as of this writing with silver at $32.85 per ounce, will pay me $11.34 per coin. </p><p><br /></p><p>I have to liquidate the coins. I could sell them on USA Coin Book in lots to reduce the hassle, but I am unsure who is going to want lots of 10, 20 or 50 1940's Walkers. </p><p><br /></p><p>Melting them seems to be the most direct route, but I am unsure if I have missed something. </p><p><br /></p><p>1) Have I underestimated the auction value if I sold them through USA Coin Book?</p><p>2) Would bidders really want lots of 10 to 50 plain vanilla Walkers?</p><p>3) Is there something else that I am not seeing? </p><p><br /></p><p>Any guidance is most appreciated. Thanks!</p><p>[ATTACH=full]1671902[/ATTACH] [ATTACH=full]1671903[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="AtlantaMan, post: 26187270, member: 158885"]Hi, I am charged with liquidating an estate. In that estate is a coin collection with about 500+ Walkers from the 1940's. No rare dates or mint errors, just plain vanilla Walkers whose condition would probably be rated Good to Fine. An example is shown below. I can sell them on USA Coin Book (to keep the costs low). If I received gross proceeds from the auction of, maybe, $13.50, then after commissions, listing fees and mailing ($1.19 for a 1-ounce non-machinable letter) I net about $11.80. I have an account at a commercial smelter who, as of this writing with silver at $32.85 per ounce, will pay me $11.34 per coin. I have to liquidate the coins. I could sell them on USA Coin Book in lots to reduce the hassle, but I am unsure who is going to want lots of 10, 20 or 50 1940's Walkers. Melting them seems to be the most direct route, but I am unsure if I have missed something. 1) Have I underestimated the auction value if I sold them through USA Coin Book? 2) Would bidders really want lots of 10 to 50 plain vanilla Walkers? 3) Is there something else that I am not seeing? Any guidance is most appreciated. Thanks! [ATTACH=full]1671902[/ATTACH] [ATTACH=full]1671903[/ATTACH][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
1940's Walkers - Sell or melt?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...