Dad's collection

None of what you have listed here is worth face value??? Something smells fishy??? If there are a bunch of nickles from the 50's and 60's, cents from the 60's and 70's, and clad coins from the mid 60's and newer - then I say yes - face - otherwise, you are bound to have something worth more than face. Follow the advice given in the thread. If you want face for those walkers you just go ahead and PM anyone on the members list - I'm sure we would all find the spare change to pay you face for the walkers and mercs! Obviously - just kidding - post pictures - even a group shot will get a rough estimate.

 

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Do not be downhearted because your appraiser obviously gave you a low offer, Buffalo nickels at face value indeed, that is pretty brazen.

Since you mentioned buffalo nickels here is a chart that gives dealer buy prices for circulated buffalo nickels, http://coins.about.com/od/coinvalues/l/bl-buffalo-nickel-values.htm

There are also other charts on that site that should give you a good idea of what coins you might have that are worth more than face value.

 

It does sound like the offer may have been low, but that is average for "reputable appraisers" looking to buy.

It also sounds like there is nothing of great value, so the collection may have more sentimental value than monetary value. Take that basic news to the rest of the family and see if they would still like to sell or perhaps parcel it out to different relatives. If you want to do a more thorough job, the "what's my coin worth" sites, or a trip to a local library (look for the Redbook) with some coins with you will give you more answers. However, the odds of anything of high monetary value seem small at this point. Consider that if you don't have a lot of time to spare. There is no need to make an immediate decision. It does appear the project isn't worth a lot of time unless you are interested in taking up the hobby.

At a local dealer making fair offers, the silver might fetch about 8x to 9x face value. The more common items will wholesale for a small fraction of retail price because they are common and most local dealers already have tons of it. Some items such as Bicentennial coins, Ike dollars, 1976 $2 bills, are usually only worth face value to a dealer. As for proof sets, 1970 and 1980 era sets sell for low prices, often less than $6 a set. Wholesale on those might be half of retail.

Again, the collection may have more sentimental value than monetary value, especially if being liquidated at wholesale.

 

It sounds like many of the coins maybe common circulated and the 70's proof sets are not worth much. I would imagine that the walkers were something like 6-8x face value.

If you post a list of the dates and mint marks we can at least let you know if they are common or pricy keys.