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<p>[QUOTE="wxcoin, post: 3278504, member: 74624"]I ran into a similar situation with an elderly friend who inherited her mothers coin collection and knew nothing about coin. I spent the better part of a week going through over thousands of US and foreign coins. I was able to weed out a few of the more valuable coins and send them to NGC for grading; I figured i could help her sell those in an online auction (Great Collections), getting more money than what a dealer would give her. After organizing the rest of the collection I took my friend and her collection to a dealer friend who bought everything except the coins that got slabbed and sold by Great Collections. My dealer friend and I spent about 6 hours going through the lot. My friend was there during the process and learned a lot about what her mother collected. Of course, the many gold coins had the most value. In the end my friend ended up with a check that was many times more than what she expected and felt very comfortable about the whole process.</p><p><br /></p><p>Sure, I could have helped her sell the coins going the ebay route and probably ended up with more money (maybe) but it wouldn't have been profitable considering the time and effort that would have been involved on both our parts.[/QUOTE]</p><p><br /></p>
[QUOTE="wxcoin, post: 3278504, member: 74624"]I ran into a similar situation with an elderly friend who inherited her mothers coin collection and knew nothing about coin. I spent the better part of a week going through over thousands of US and foreign coins. I was able to weed out a few of the more valuable coins and send them to NGC for grading; I figured i could help her sell those in an online auction (Great Collections), getting more money than what a dealer would give her. After organizing the rest of the collection I took my friend and her collection to a dealer friend who bought everything except the coins that got slabbed and sold by Great Collections. My dealer friend and I spent about 6 hours going through the lot. My friend was there during the process and learned a lot about what her mother collected. Of course, the many gold coins had the most value. In the end my friend ended up with a check that was many times more than what she expected and felt very comfortable about the whole process. Sure, I could have helped her sell the coins going the ebay route and probably ended up with more money (maybe) but it wouldn't have been profitable considering the time and effort that would have been involved on both our parts.[/QUOTE]
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