Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Dad's collection
>
Reply to Thread
Message:
<p>[QUOTE="RedTiger, post: 660409, member: 19098"]It does sound like the offer may have been low, but that is average for "reputable appraisers" looking to buy.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>Again, the collection may have more sentimental value than monetary value, especially if being liquidated at wholesale.[/QUOTE]</p><p><br /></p>
[QUOTE="RedTiger, post: 660409, member: 19098"]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.[/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
>
US Coins Forum
>
Dad's collection
>
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...