Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Appraising coins to be sold to a coin shop (vs. eBay)
>
Reply to Thread
Message:
<p>[QUOTE="Volante, post: 4514431, member: 57279"]It recently got out through the grapevine of my family friends that I'm a coin collector, and I was asked to help appraise the inherited collection of an older gentleman - the grandfather of one of my friends. </p><p><br /></p><p>I've done informal appraisals for friends/acquaintances in the past, but typically I'll use sold prices on eBay as a reference point for values, assuming that whoever I'm giving the appraisal to will be able to sell their coins there if they desire. </p><p><br /></p><p>In this case, this gentleman is in his 80s or 90s and listing his coins on eBay may not be a viable option. I'd instead like to give him an idea of how much he should look to get for selling the coins if taking them to a coin shop. </p><p><br /></p><p>What should I base those values on? Should I buy a copy of the greysheet and give him the bid values, or take X% of those values? Not sure exactly what will be the most accurate reference here. </p><p><br /></p><p>He does have a few coins that are a bit more valuable (including what looks to be a genuine 1889-CC Morgan in XF condition), so I want to make sure he doesn't end up getting ripped off wherever he goes to sell them.[/QUOTE]</p><p><br /></p>
[QUOTE="Volante, post: 4514431, member: 57279"]It recently got out through the grapevine of my family friends that I'm a coin collector, and I was asked to help appraise the inherited collection of an older gentleman - the grandfather of one of my friends. I've done informal appraisals for friends/acquaintances in the past, but typically I'll use sold prices on eBay as a reference point for values, assuming that whoever I'm giving the appraisal to will be able to sell their coins there if they desire. In this case, this gentleman is in his 80s or 90s and listing his coins on eBay may not be a viable option. I'd instead like to give him an idea of how much he should look to get for selling the coins if taking them to a coin shop. What should I base those values on? Should I buy a copy of the greysheet and give him the bid values, or take X% of those values? Not sure exactly what will be the most accurate reference here. He does have a few coins that are a bit more valuable (including what looks to be a genuine 1889-CC Morgan in XF condition), so I want to make sure he doesn't end up getting ripped off wherever he goes to sell them.[/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
>
Coin Forums
>
Coin Chat
>
Appraising coins to be sold to a coin shop (vs. eBay)
>
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...