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<p>[QUOTE="Wandering Man, post: 3751337, member: 107037"]I have a batch of coins collected over decades from a friend's father and husband, and I'm trying to figure out how to help her with the coins. </p><p><br /></p><p>None of the coins have been protected and almost all of them have been in circulation. I've got a couple that were uncirculated, but most are VG-8 and below, as far as I can tell. Some appear to be VF-20 and higher, but not a lot.</p><p><br /></p><p>When I look in the Red Book, the Blue Book, Numista.com, and EBay, I see coins with the low ratings going for something over melt value. Not much, but a little.</p><p><br /></p><p>I have now talked to two individual collectors and one coin shop owner and have been told that most is not worth much more than face value. The coin shop owner suggested that he was going to send some of the silver dollars out to be melted down because they were not AU-50 or higher.</p><p><br /></p><p>So, what's the scoop? How come in some places even the lowest grade coins are assigned a value, and in other places I should just melt them down or spend them?</p><p><br /></p><p>I'm talking about Morgans, Peace dollars, Walking Liberty and Franklin Half Dollars, V nickels, War nickles, Indian head nickels, etc.</p><p><br /></p><p>Do I go ahead and categorize the rest of her coins, or just take them in buckets to the bank? [ATTACH=full]1005903[/ATTACH] [ATTACH=full]1005904[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Wandering Man, post: 3751337, member: 107037"]I have a batch of coins collected over decades from a friend's father and husband, and I'm trying to figure out how to help her with the coins. None of the coins have been protected and almost all of them have been in circulation. I've got a couple that were uncirculated, but most are VG-8 and below, as far as I can tell. Some appear to be VF-20 and higher, but not a lot. When I look in the Red Book, the Blue Book, Numista.com, and EBay, I see coins with the low ratings going for something over melt value. Not much, but a little. I have now talked to two individual collectors and one coin shop owner and have been told that most is not worth much more than face value. The coin shop owner suggested that he was going to send some of the silver dollars out to be melted down because they were not AU-50 or higher. So, what's the scoop? How come in some places even the lowest grade coins are assigned a value, and in other places I should just melt them down or spend them? I'm talking about Morgans, Peace dollars, Walking Liberty and Franklin Half Dollars, V nickels, War nickles, Indian head nickels, etc. Do I go ahead and categorize the rest of her coins, or just take them in buckets to the bank? [ATTACH=full]1005903[/ATTACH] [ATTACH=full]1005904[/ATTACH][/QUOTE]
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I'm getting conflicting information
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