Freakin' Mother Load...

All ~ good advice...

 

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If you don't feel comfortable posting photos, than don't. You also don't have to tell anyone what state you live in. Although I know people do it, I personally couldn't be bothered fabricating this type of story and following through with lists, advice, responses etc.

I can't wait to see the lists and if you post photos, those too. I hope you find some real dandies in your searches; it's a modern day treasure hunt.

 

It would surely take more than one s.d. box, not to mention the weight hauling it into your bank.."gee, I wonder what THAT is.." wink, wink. In a similar spot, I have a huge gun safe, then a large gun safe, four s.d. boxes, different banks, and also the usual or not so usual places in ones home. You are smart to stay private, I.m.o. what's the saying, loose lips sink ships! For the photo shoot, post a picture of what you and your wife are comfy with. In a short time you and she will have a feel for who is genuine and who is not, I believe. And I'm comfortable telling you that there are those on this board who will help to steer you away from trouble if possible. That's my thinking, for what it's worth.
Kind regards, Lucyray

 

cha ching .

 

If you want to do it yourself.

http://cgi.ebay.com/2011-Red-Book-U...ultDomain_0&hash=item1c17f5b65f#ht_2366wt_934


otherwise there are no short answers to your question



Oh! Welcome!

 

uhhhhhhh Lucy.... there typically are 10 or more watching for every post. Most people who read these boards do not post.

just saying. that anything you post on a message board is the equivalent to posting in on a billboard beside a major highway.

 

If someone brings in several thousand coins for a coin dealer to make an offer would you expect the dealer to spend several hours to review each and every coin and make a top-dollar offer for the coins - for FREE? Or would it make more sense for the dealer to offer "melt" (or a fair price for generic coins) for a huge batch of unsearched coins?

On the other hand, do you think the dealer would offer more for the keys and semi-keys if you walked in his store with the keys and semi-keys separate from the generic coins? A seller can help himself by going through his coins and pulling out the keys and semi-keys.

You might say that the benefits go to the person that searches bulk coins. That can be the seller or the buyer.

What kind of reaction would you expect from a coin dealer if you went to the bank, got 10 rolls of half dollars and asked him to make you an offer? I would expect him to offer you face price (if that). It is up to you to search the rolls for silver and rare coins. The dealer does not have time to search your coins for you - for free.)

 

That essentially was the gist of my post. Another poster had suggested taking the coins to a dealer and going through them there because the dealer would be knowledgeable, but I was trying to make the point that even if a dealer is knowledgeable, he (or she) might not want to share that knowledge if someone with a hoard of coins but who doesn't know anything about them walks into the shop.

 

This is the reason why I suggested starting here with just a list of date/mintmark for the Morgan/Peace so we can see if there are any which need to be set aside for photographic inspection. Taking photos of everything would be ludicrous at this point.

Chris

 

I am sorry for the loss of your grandfather. My suggestion would be to:

1. Buy a Red Book and search through them yourself or with a trusted person (wife, relative, friend, etc.). I realize this will take significant research and time on your part but consider it an investment. Sounds like some fun evenings and weekends to me. Separate out the "junk silver" from the key and semi-key dates, as well as any major varieties or attractive toners.

2. Add up the face value of the junk silver and get several estimates from dealers. Do not tell them that you have any coins other than this junk silver. Sell the junk silver to the highest bidder. This will remove the vast amount of the coins. Take wife on a nice vacation or buy her something really special. Buy yourself something really special too or pay down your debt.

3. Itemize your remaining coins (key and semi-key dates, major varieties, etc.). Place them in a safe deposit box. Bring that list to several dealers or coins shows to get some quick estimates. For the coins you think look really nice, post those pics here. I am not one of them, but we have a number of experts here at CT on all the series in question who can tell you if it worth getting any of these slabbed. At this point, you may be able to sell some of them here, but again our CT members who are dealers will be better able to advise you at this point.

TC

 

Thank you, I'm sure you are correct. No one here is asking for personal information, and my point was really to say that if advice was being sought after here, by paying attention for a time, one might be able to discern which advice is 'good' and which is not. I'm sure everyone knows (or like me is learning) that everything you put up on the net can be seen by a whole lot of people. Posting on a billboard on a major highway? In that instance a whole lot of people who would never even think to look would see that information!!! I thought that on this site, one might actually have had to come here on purpose, unlike the ads on the freeway that I am forced to look at, whether I want to or not. No matter. I'm sure the OP and his wife are wary enough, at least is sounds like they are. Good luck. Lucy

 

OK for the first stack of Morgans.
2- 1879 one s and the other no mint mark
1-1881 s
1-1883 no mint mark
1-1885 no mint mark
2-1889 one o one no mint
1-1891 o
1-1897 no mint
1-1899 o
1-1900 no mint
7-1921 six no mint one is so small I cannot make out what it is, if I had to guess an o?
PEACE first stack
6 1923 2 no mint 1 d and 3 I beleive s
3 1922 all no mint.

 

The small one is a D, in all probability... very common. All the 1921 Morgans are common, actually. The New Orleans mint (O mintmark) ceased production prior to 1921.

The rest are also common dates.

 

thank you, yeah it is so small, even tho the coin itself is in real good shape could not discern the mark.

Next stack of Morgans

Well, first the 1880 ten dollar gold piece, I cannot see any mint mark

Now Morgans.
1-1879 no mint
1-1880 no mint
1-1882 no mint
1-1884 o
1-1885 no mint
3-1887 2 no mint 1 o
2-1889 1 no mint 1 o
1-1890 no mint
1-1897 s
1-1898 no mint
1-1901 o
10 1921 9 no mint 1 s

What did they make 500 billion 1921's? I kinda wanna sell them for $.50 a piece just to get rid of them....

Also, just laying around one walking liberty half 1935, cna't see any mint mark... where are they on these?

 

Zenarrow, I dont know if anyone has recommended, but I would suggest getting a magnifying glass or jeweler's loupe so you could check for known minting errors. Some of the common date coins have minting errors that make the coin much more valuable. Your hoard is a once in a lifetime find...and most will never come across a hoard as you did in their lifetime, so you want to maximize your profits by taking your time with this; as you dont want to sell a valuable coin for melt value.

-LTB

 

Ya got something there with the 1921 peace dollars. I'd love to see some pics o' those....

 

Those are not peace dollars but Morgans, green18

 

The Morgans are common dates,

The mint mark on the half would be on the reverse at about 6:30 below the branch. The 35 is also a common date regardless of mark unless it is an S in mint state condition (perfect uncirculated).

 

Shoot......

 

They made a ****ton of the 1921's due to some law called the Pittman act. Basically, all the bullion the mint had laying around was converted into silver dollars... or something like that. They have about $22 worth of silver in each of them.

Mint mark on the later-dated WLH's is on the reverse, to the left of the eagle.