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<p>[QUOTE="I.B. Washincars, post: 33251, member: 2054"]I have a friend that dropped of approximately 1000 old coins wanting to know if I would be interested in buying them. They are all circulated coins in all kinds on conditions, loose in plastic bags. I have no idea how to come up with an offer for them. He does not need money so I'm not going to steal them. I think he ended up with them after his mother passed away and coins just don't interest him. Here's somewhat of a rundown of what is there.</p><p><br /></p><p>500 - silver dimes, mostly Roosevelts</p><p>200 - silver quarters, mostly Washingtons</p><p>100 - silver halves, mostly 1964 Kennedys</p><p>50 - buffalo & silver nickels</p><p>100 - old pennies, mostly wheaties with a few steels and indian heads</p><p>1 - 1882 Morgan dollar in VF condition according to my 25 yr old guide</p><p><br /></p><p>What would some of you experts do if you were me? Would you make an offer without going through each and every coin? Would you use some multiple of face value as a basis for an offer? Be brutally honest, because I may refer my friend here to show him how I arrive at my offer. I don't want to pay more than they are worth, but I would like to come up with a deal where we both think we did ok.</p><p><br /></p><p>BTW, what would be a good publication for me to buy so that I can get an idea for a coins value?</p><p><br /></p><p>Thanks for any help you can give me.</p><p><br /></p><p>Pat[/QUOTE]</p><p><br /></p>
[QUOTE="I.B. Washincars, post: 33251, member: 2054"]I have a friend that dropped of approximately 1000 old coins wanting to know if I would be interested in buying them. They are all circulated coins in all kinds on conditions, loose in plastic bags. I have no idea how to come up with an offer for them. He does not need money so I'm not going to steal them. I think he ended up with them after his mother passed away and coins just don't interest him. Here's somewhat of a rundown of what is there. 500 - silver dimes, mostly Roosevelts 200 - silver quarters, mostly Washingtons 100 - silver halves, mostly 1964 Kennedys 50 - buffalo & silver nickels 100 - old pennies, mostly wheaties with a few steels and indian heads 1 - 1882 Morgan dollar in VF condition according to my 25 yr old guide What would some of you experts do if you were me? Would you make an offer without going through each and every coin? Would you use some multiple of face value as a basis for an offer? Be brutally honest, because I may refer my friend here to show him how I arrive at my offer. I don't want to pay more than they are worth, but I would like to come up with a deal where we both think we did ok. BTW, what would be a good publication for me to buy so that I can get an idea for a coins value? Thanks for any help you can give me. Pat[/QUOTE]
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How would you decide what to offer?
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