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<p>[QUOTE="Old Texas Reb, post: 3021965, member: 91220"]As a long time full & part time dealer, I've appraised quite a few US & world collections, either for purchase, on a hourly rate or as a favor for people.</p><p><br /></p><p>Sometimes, though, it can be difficult to deliver the bad news to an owner. I'm doing one right now for one of my wife's friends at church. She is over 80 and the US coins (more of an accumulation than anything) belonged to her husband who passed away in 1994. She brought 4 large boxes over to the house and the better stuff is in a safe deposit box. According to her, her husband told her the group was worth about 15K.</p><p><br /></p><p>Am almost through with box 1 and it's not looking good. Lots of stuff in Whitman album collections, 1970's and 1980's mint sets, proof sets, etc. Condition is almost always average circulated with no keys spotted as yet. This bunch is supposed to be worth several thousand $ but looking forward I don't expect a result even close to this. So far, all that's bailed her out is the silver coins with good melt value.</p><p><br /></p><p>Luckily, she plans on leaving most of this to her daughter and not depend on the proceeds. It's really hard to have to burst someone's bubble and tell her the truth about the actual value. She has a list of the safe deposit box contents but after looking it over I'll be the bottom line will be no more than $5,000 at best.</p><p><br /></p><p>I've had to do this before but that doesn't make the task any easier![/QUOTE]</p><p><br /></p>
[QUOTE="Old Texas Reb, post: 3021965, member: 91220"]As a long time full & part time dealer, I've appraised quite a few US & world collections, either for purchase, on a hourly rate or as a favor for people. Sometimes, though, it can be difficult to deliver the bad news to an owner. I'm doing one right now for one of my wife's friends at church. She is over 80 and the US coins (more of an accumulation than anything) belonged to her husband who passed away in 1994. She brought 4 large boxes over to the house and the better stuff is in a safe deposit box. According to her, her husband told her the group was worth about 15K. Am almost through with box 1 and it's not looking good. Lots of stuff in Whitman album collections, 1970's and 1980's mint sets, proof sets, etc. Condition is almost always average circulated with no keys spotted as yet. This bunch is supposed to be worth several thousand $ but looking forward I don't expect a result even close to this. So far, all that's bailed her out is the silver coins with good melt value. Luckily, she plans on leaving most of this to her daughter and not depend on the proceeds. It's really hard to have to burst someone's bubble and tell her the truth about the actual value. She has a list of the safe deposit box contents but after looking it over I'll be the bottom line will be no more than $5,000 at best. I've had to do this before but that doesn't make the task any easier![/QUOTE]
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