Discussion in 'Ancient Coins' started by Robert Michael Blake, Nov 21, 2020 at 3:12 PM.
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@John Anthony , a member here who can surely give you good advices about what to do with your collection. And keep going despite your health problems, enjoy every little moments with your friends and family !
The place you choose would depend much on the type of coins you have.
If you have high end popular coin types you may want to try CNG or Heritage (out of my league). However, if you have more of a hobbyist collection of mixed middle of the road coins I would recommend Frank Robinson. http://www.fsrcoin.com
He is honest and will pay honest prices.
I hope that helps.
Ps, if you have any Macedonian shield coins I'm always on the look
I find it very difficult to "like" messages that carry some bad news. I pray that you hang in there for many more.
Despite 'liking' your post (a somewhat arbitrary rhetorical construct, like most of them are), I would like to second everything else @Inspector43 said.
You just might have a while longer than the most glaring worst case. ...My two cents, for what they're worth.
The first thing I would recommend no matter what else you do is to go back as much as possible and research when you bought and what you paid for as many coins as you can and record that somewhere. I include this information on the tag that I keep with each of my coins but some people just use a spreadsheet or other list type format. This should help your family to recognize which of the coins you own are more valuable.
There are a lot of reputable dealers that frequent the forum and I'm sure others will be able to provide a more complete list than me. If you are going to advise your family to consign to an online retail store you might get more bang for your buck but it might take years for the full consignment to sell. If you go that route a few possibilities:
@Ken Dorney : Not a member here anymore but reputable. He specializes in East Asian coins in addition to Classical Western coinage so if your collection has a lot of eastern examples he is possibly a good option. He has a Vcoins store and occasionally holds auctions as well. You can find his contact info at this link:
@Victor_Clark : A member here and a very reputable dealer that specializes in Roman coins. He runs a Vcoins store. Contact at following link.
@John Anthony : A member here and very reputable. He holds smaller private auctions here on the forum and also has a seller presence on Ebay.
Marc Breitsprecher: Not a member here but a good dealer I would highly recommend. He has a Vcoins store but also runs his own website.
Another way to go is to consign all or part of your coins to an auction house. Full disclosure: I have never consigned a coin to auction so I have limited feedback on the process. I know that the fee you pay to post a coin to an auction is different depending on the auction house you go with so I will leave it to others to provide feedback on that. Whether you go this route will highly depend on what kind of coins you own. Going the auction route usually makes the most sense for the consignor financially with mid to higher end coins because you pay a fee per coin auctioned so lower value coins might not recoup their value after fees.
The only auction house I can recommend with my experience is run by @Severus Alexander (Ancient & Medieval Coins Canada). https://www.amcoinscanada.com/
In the end it might be best to use a mixture of the different methods and / or dealers posted above depending on your situation. I wish you the best of luck.
Regardless of what you decide works best for you and your family in regard to your collection, I hope things work out for you. I also hope you feel free to share some photos of your collection here on the site if you wish to do so and tell us about your interests. Welcome to CoinTalk.
EDIT TO ADD: I would also highly endorse Frank Robinson as others have suggested. He is a very trustworthy and knowledgeable numismatist who runs a handful of auctions a year and maintains a website. Link below.
for the four figure ones you’d want an auction house of some sort, or a more intensive dealer
Very true. When my grandfather died, he left behind quite a bit of US coins that the rest of family had no interest, or no knowledge in. I was pretty young at the time, only 15 or so, but I was by far the family's money expert. If it was left to anyone else, I suspect many of the coins would have been dumped into circulation or at a cut-rate pawn shop.
I would second this recommendation John is a good guy, a well known member, and I know he is well respected in this hobby.
I am sorry to hear about your health issues....wishing you all the best at this trying time.
The appropriate venue to sell your coins will depend on the coins themselves.
Some of the good people mentioned above will not lead you astray.
The good news is yes, there are an abundance of good sellers and more info on your location, focus of collection, approximate value of coins will help us help you as much as we can.
A collection of premium Greek silver goes to an entirely different type of dealer/ auction house than a collection of Late Roman Bronze in average condition.
In most cases I’d also suggest sticking to a dealer or auction house close to home, all other things equal. Shipping an entire collection internationally is not fun.
A lot depends upon the quality of the coins. Coins that list retail over $200 each (say, using vcoins to judge retail) should be treated differently than coins under $50. If there are numerous such coins--enough to make a very valuable consignment--a major firm, like CNG, could be used to auction them. On the other hand, there is a minimum seller's fee which is too large to sell $50 or $80 coins (and they don't want them). For that sort of coin I have had good dealings with Marc Breitsprecher. firstname.lastname@example.org I'm sure others, including Frank Robinson, would work well for you.
I highly recommend you do this yourself as soon as you can. Make the phone calls, ask about commissions, and maybe have some photos ready to e-mail so the dealer can know the types of coins you have. (I have seen collectors value coins at $300 that were really worth only $75. No dealer can trust the opinion about dollar value from a collector completely unknown to them.)
Do as much as you can now. Expertise matters and no relative one can learn fast enough to be happy to have to do this. You had fun with you coins coming in. Now, decide to have fun making your coins go back out. It wouldn't be fun for your heirs.
You can help and sell now, or if you are enjoying coins still (I think now I would, in your situation), tap the shoulder of one or more of the coin sellers mentioned above, and talk about this with your sister, give her all the documentation. Valentinian's is very sound advice.
I am 77 and still want to "play" (dads in the den playing with his coins) with my collections.
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