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<p>[QUOTE="Cloudsweeper99, post: 321988, member: 3011"]I would just add to tell your friend's wife not to be in a hurry and don't be anxious to sell unless there is a need for immediate cash. She should be careful about permitting the coins to leave her possession even when dealing with a "reputable" dealer [or even a lawyer]. It would be wise to make a list of every denomination, date and mintmark and an estimate of the grade. It might be sufficient to just start with uncirculated, circulated and heavily circulated categories. It's enormously difficult to liquidate a collection for close to full value unless you know a lot about coins and the coin market and use some sort of auction market to sell them. The Redbook is a good source of information to identify potentially rare and valuable coins, but don't expect to get the prices in the book if they are sold.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 321988, member: 3011"]I would just add to tell your friend's wife not to be in a hurry and don't be anxious to sell unless there is a need for immediate cash. She should be careful about permitting the coins to leave her possession even when dealing with a "reputable" dealer [or even a lawyer]. It would be wise to make a list of every denomination, date and mintmark and an estimate of the grade. It might be sufficient to just start with uncirculated, circulated and heavily circulated categories. It's enormously difficult to liquidate a collection for close to full value unless you know a lot about coins and the coin market and use some sort of auction market to sell them. The Redbook is a good source of information to identify potentially rare and valuable coins, but don't expect to get the prices in the book if they are sold.[/QUOTE]
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