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<p>[QUOTE=&quot;DFreiheit, post: 1664374, member: 45871&quot;]Hi all,</p><p><br /></p><p>I looked in the FAQ section and didn&#039;t see a thread on this topic.&nbsp; I inherited a coin collection a few years ago and have finally gotten around to going through it and figuring out what&#039;s there.&nbsp; I am not a coin collector, what do folks think is the best way to sell it off?&nbsp; There are a LOT of coins, probably a thousand or so, but most are low value, like the $10-20 range.&nbsp; I&#039;ve included a rough summary here below*.</p><p><br /></p><p>My impression is that selling to a dealer can entail a really hefty fee like, say, 40-50% off retail value, when selling in lots.&nbsp; If I were to sell the entire collection to a dealer, I assume I could get a better price, but the problem is I don&#039;t know whether I would be getting a good price or not.&nbsp; I am inclined to try to consign the collection to an auction house, everything except the high value gold.&nbsp; My understanding is that there is no seller&#039;s fee for a place like Teletrade.&nbsp; But I am not sure if an auction house would be interested in all those relatively low value coins.</p><p>&nbsp;</p><p>I plan to sell the high value domestic gold coins myself on ebay or the like.&nbsp; I think I can get the most value that way, but I may be wrong.&nbsp; I don&#039;t know about the foreign gold, whether there is a sufficient interest beyond bullion value.&nbsp; Otherwise, regarding the silver coins, I&#039;m wondering if maybe there&#039;s a cut-off at which point it&#039;s not worth the bother.&nbsp; Like, say, if a coin is worth $300 retail, and a dealer would pay only $180 for it, then it&#039;s worth the $120 minus commission to sell it myself.&nbsp; But, if the coin is worth $50, then it&#039;s probably not worth the hassle.</p><p>&nbsp;</p><p>Many thanks for anyone who takes the time for thoughtful, well-informed comments.&nbsp; I&#039;ve been thinking about this sale for a long time and it&#039;s a toughie.</p><p>&nbsp;</p><p>--Daniel</p><p>&nbsp;</p><p>*Rough summary of the collection:</p><ul> <li>20 or so dime, nickel and quarter blue books, not complete; many coins in holders; 19th century coins double or tripled up in small envelopes; a dozen or so rolls of half dollars, quarters from mid-20th century.&nbsp; Two dozen or so proof sets from the 70s. </li> <li>Currency: 40 or so $2 bills; another two dozen silver certificates, low dollar; $50 gold certificate some confederate bills, not in good shape. </li> <li>Morgan dollars: probably 200 or so, some in rolls, some in holders, about half are BU or AU; several are high value, including CCs and key dates. </li> <li>Gold: $1, $5 and $10 from 19th and early 20th centuries, most are uncirculated or nearly so, seems to me. </li> <li>Foreign: Two rolls of Canadian half dollars; 6 or so French &amp; German proof sets from the 70s; a dozen or so miscellaneous loose coins.&nbsp; Gold foreign:&nbsp; 20 or so uncirculated, various dates from 19th and 20th centuries. </li> <li>Franklin Mint:&nbsp; I think they can only be sold for bullion value—about 10 lbs of silver, 3 oz gold. </li> </ul><p>[/QUOTE]</p><p><br /></p>

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