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<p>[QUOTE="moonunit, post: 3980984, member: 109522"]Thanks to everyone for the advice. I tried taking some pictures last night, but was having a hard time capturing the damage. Today I went to a couple of local dealers. Both suggested that if going the dealer route I not try to get rid of the PVC gunk. I also asked the second dealer (who seems to do a decent business in modern world coins) for an offer on the 15 best from the lot. The offer was just about double what I paid for all 500 and while I didn't have him look through the whole box, based on some other information he gave me on some of the lesser ones my guess is that all told the offer would be roughly 5 to 6 times purchase price which would be a nice profit. He also confirmed I'm dealing with PVC.</p><p><br /></p><p>At this point, based on all the advice here and what I heard today, I think what I am going to do is pull a few of the higher value items out of the lot and submit to NGC plus the 10% of the rest of the content I'm personally more interested in. Then after doing an acetone soak for the silver pieces and reholdering the off metals with damage (on closer look, most of the flips look much worse than the coins themselves) I'm going to try to find someone within a few hours drive who is a dealer but also is more world oriented for a quote. Depending on what I hear then I may or may try to take [USER=71642]@Stork[/USER] 's advice and divide up/sell here. I may also just try to sell a subset and make back the initial investment.</p><p><br /></p><p>Also wanted to address a couple things. Saying that I'm new is a bit of a misnomer but I said it because while I've been collecting for a few years my grading skills are subpar overall and I really am having some trouble grading some of these coins given the designs/metals used. That plus the fact that I'm dealing with so many is why I want to go the dealer route. Many of these coins command more than the typical premium in moderate to high uncirculated grades given wartime status and that looks to be what I have in quite a number of cases, so while a dealer will give a lesser offer it would be at a higher grade than I feel I could comfortably say in a listing. So when I factor that plus time savings in it kind of comes out as a wash to me.</p><p><br /></p><p>[USER=90102]@TheFinn[/USER] - I completely agree with you about not buying stuff you're not interested in or don't know about. This was the kind of rare situation where I knew just enough to take a risk based on context clues in the picture. I'm glad I did.[/QUOTE]</p><p><br /></p>
[QUOTE="moonunit, post: 3980984, member: 109522"]Thanks to everyone for the advice. I tried taking some pictures last night, but was having a hard time capturing the damage. Today I went to a couple of local dealers. Both suggested that if going the dealer route I not try to get rid of the PVC gunk. I also asked the second dealer (who seems to do a decent business in modern world coins) for an offer on the 15 best from the lot. The offer was just about double what I paid for all 500 and while I didn't have him look through the whole box, based on some other information he gave me on some of the lesser ones my guess is that all told the offer would be roughly 5 to 6 times purchase price which would be a nice profit. He also confirmed I'm dealing with PVC. At this point, based on all the advice here and what I heard today, I think what I am going to do is pull a few of the higher value items out of the lot and submit to NGC plus the 10% of the rest of the content I'm personally more interested in. Then after doing an acetone soak for the silver pieces and reholdering the off metals with damage (on closer look, most of the flips look much worse than the coins themselves) I'm going to try to find someone within a few hours drive who is a dealer but also is more world oriented for a quote. Depending on what I hear then I may or may try to take [USER=71642]@Stork[/USER] 's advice and divide up/sell here. I may also just try to sell a subset and make back the initial investment. Also wanted to address a couple things. Saying that I'm new is a bit of a misnomer but I said it because while I've been collecting for a few years my grading skills are subpar overall and I really am having some trouble grading some of these coins given the designs/metals used. That plus the fact that I'm dealing with so many is why I want to go the dealer route. Many of these coins command more than the typical premium in moderate to high uncirculated grades given wartime status and that looks to be what I have in quite a number of cases, so while a dealer will give a lesser offer it would be at a higher grade than I feel I could comfortably say in a listing. So when I factor that plus time savings in it kind of comes out as a wash to me. [USER=90102]@TheFinn[/USER] - I completely agree with you about not buying stuff you're not interested in or don't know about. This was the kind of rare situation where I knew just enough to take a risk based on context clues in the picture. I'm glad I did.[/QUOTE]
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