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<p>[QUOTE="USS656, post: 658830, member: 6641"]Get more than 1 appraisal</p><p> </p><p>Remember a dealer isn't going to give you fair market value because he needs to make money on the coins at fair market value or better.</p><p> </p><p>Without understanding grading and coin conditions that affect the grade - prices may not be very helpful. A couple sources you could start with are the US Red Book ( <a href="http://www.amazon.com/Official-Red-Book-United-States/dp/0794824943" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.amazon.com/Official-Red-Book-United-States/dp/0794824943" rel="nofollow">http://www.amazon.com/Official-Red-Book-United-States/dp/0794824943</a> ) which will give you a very rough idea. If you want a dealer to dealer price buy the last online copy of the grey sheet ( <a href="http://www.greysheet.com/cdn/grey.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.greysheet.com/cdn/grey.asp" rel="nofollow">http://www.greysheet.com/cdn/grey.asp</a> ) . The dealers you deal with may - or - may not base their price on the bid price listed. You can/should ask the dealer what they are basing their price on. If you think the price isn't fair tell them you are going to think about it then do some more research and get more estimates.</p><p> </p><p>Ask specific questions here if you have some! If you post some coins we can give you an idea of value which you can then use as 1 more data point. </p><p> </p><p>Remember - your dad probably put a lot of time into acquiring the collection - don't be in a rush to get rid of it without learning more about its value.</p><p> </p><p>Good Luck ~ Darryl[/QUOTE]</p><p><br /></p>
[QUOTE="USS656, post: 658830, member: 6641"]Get more than 1 appraisal Remember a dealer isn't going to give you fair market value because he needs to make money on the coins at fair market value or better. Without understanding grading and coin conditions that affect the grade - prices may not be very helpful. A couple sources you could start with are the US Red Book ( [URL]http://www.amazon.com/Official-Red-Book-United-States/dp/0794824943[/URL] ) which will give you a very rough idea. If you want a dealer to dealer price buy the last online copy of the grey sheet ( [URL]http://www.greysheet.com/cdn/grey.asp[/URL] ) . The dealers you deal with may - or - may not base their price on the bid price listed. You can/should ask the dealer what they are basing their price on. If you think the price isn't fair tell them you are going to think about it then do some more research and get more estimates. Ask specific questions here if you have some! If you post some coins we can give you an idea of value which you can then use as 1 more data point. Remember - your dad probably put a lot of time into acquiring the collection - don't be in a rush to get rid of it without learning more about its value. Good Luck ~ Darryl[/QUOTE]
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