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<p>[QUOTE="omahaorange, post: 1780115, member: 28199"]Like you, I got into collecting by inheriting someone else's collection. As we went through the numerous coins in several boxes, I researched which type to determine a value, as I was not a collector. I didn't even know what a Morgan or Peace dollar was at the time, and this was my first time seeing these coins. We determined through our research that there was a couple grand worth of coins, but it wasn't worth the hassle to sell them at the time. So, much to my amazement, we not only saved them, but have since added to the collection over the past several years. I did not send any in to be graded. I am not concerned about the value at this time, as I enjoy the challenge of completing some of these sets. Your statement about passing them on to your son is very similar to what I have planned for my collection, which is passing it on to my granddaughter (my children don't seem to be much interested), who shows a passing interest that may or may not develop into a serious one. But, if she decides to liquidate the collection, she makes 100% profit on the coins,regardless of their value at that time, simply because she has nothing invested it them. So it is actually an additional savings plan for her. For what I have, I'm just not sure grading is worth the cost at this time. I would recommend any key dates be sent for verification, as some are frequently counterfeited. But like others have said, sending to a TPG would need to be decided on a cost versus value comparison.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1780115, member: 28199"]Like you, I got into collecting by inheriting someone else's collection. As we went through the numerous coins in several boxes, I researched which type to determine a value, as I was not a collector. I didn't even know what a Morgan or Peace dollar was at the time, and this was my first time seeing these coins. We determined through our research that there was a couple grand worth of coins, but it wasn't worth the hassle to sell them at the time. So, much to my amazement, we not only saved them, but have since added to the collection over the past several years. I did not send any in to be graded. I am not concerned about the value at this time, as I enjoy the challenge of completing some of these sets. Your statement about passing them on to your son is very similar to what I have planned for my collection, which is passing it on to my granddaughter (my children don't seem to be much interested), who shows a passing interest that may or may not develop into a serious one. But, if she decides to liquidate the collection, she makes 100% profit on the coins,regardless of their value at that time, simply because she has nothing invested it them. So it is actually an additional savings plan for her. For what I have, I'm just not sure grading is worth the cost at this time. I would recommend any key dates be sent for verification, as some are frequently counterfeited. But like others have said, sending to a TPG would need to be decided on a cost versus value comparison.[/QUOTE]
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