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<p>[QUOTE="lawdogct, post: 41098, member: 1476"]On macams2's behalf, many MANY things, not just coins, are passed along without knowledge of current market value. Not to say a gold coin couldn't have been stolen, but ignorance is a bigger possibility to me. I'm a yard sale hound, as well as a coin collector, and enjoy "the hunt" of it. I can't tell you how many times I've come across antiques, with easy to realize values in the hundreds of $$, priced at 50 cents or less!. If its a really gross error, I usually ask the people, "Do you KNOW what this is?"</p><p><br /></p><p>Anyway, coin collections are inherited all the time by those who don't know, and often don't care, what the collection is worth. Tragic I know, but a reality just the same.</p><p><br /></p><p>To me your choices are to either tell your buddy about the value of the coin, sell it on ebay not to a coin dealer (a coin dealer makes their living off of coins and so will typically offer less than they can sell it for, this isn't wrong or specific to coins, its just buisness) , or keep it.</p><p><br /></p><p>If you keep it, I'd strongly suggest looking into investing in a safe deposit box at your local bank. Personally, I'd keep it. You can always pick up a few extra hours at work, or odd jobs on the week end, but you won't have a coin like this given to you very often <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="lawdogct, post: 41098, member: 1476"]On macams2's behalf, many MANY things, not just coins, are passed along without knowledge of current market value. Not to say a gold coin couldn't have been stolen, but ignorance is a bigger possibility to me. I'm a yard sale hound, as well as a coin collector, and enjoy "the hunt" of it. I can't tell you how many times I've come across antiques, with easy to realize values in the hundreds of $$, priced at 50 cents or less!. If its a really gross error, I usually ask the people, "Do you KNOW what this is?" Anyway, coin collections are inherited all the time by those who don't know, and often don't care, what the collection is worth. Tragic I know, but a reality just the same. To me your choices are to either tell your buddy about the value of the coin, sell it on ebay not to a coin dealer (a coin dealer makes their living off of coins and so will typically offer less than they can sell it for, this isn't wrong or specific to coins, its just buisness) , or keep it. If you keep it, I'd strongly suggest looking into investing in a safe deposit box at your local bank. Personally, I'd keep it. You can always pick up a few extra hours at work, or odd jobs on the week end, but you won't have a coin like this given to you very often ;)[/QUOTE]
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i have a 1904...
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