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<p>[QUOTE="beef1020, post: 879377, member: 24544"]So my great grandmother collected coins which have been passed down to my grandmother, and then last year to my mother and her 5 siblings. When my grandmother died they split the collection 6 ways. My uncle was the executor of the will and has zero knowledge of coins. So to split the collection they went round robin picking coins, my guess is on the order of 400 coins split between 6 people with zero knowledge of coins. Apparently they fought over who would get the best quality steel war pennies <font face="Wingdings">:headbang:</font> </p><p> So this weekend, I went over to my mom’s to check out her share of the collection. The vast majority of the coins are 20 century silver coins worth their silver value with a couple odds and ends, some large cents, III cent, Indian head, flying eagle type stuff. In looking through the 4 Indian head pennies she selected in the inheritance lottery she got a 1877!!! I am amazed, and am dying to know what the rest of my aunts and uncles have, because none of them know anything about coins.</p><p> The kicker is, when my mom got the collection she took them to a local coin store to get appraised. The store basically said they were worth the silver value, which they low balled, but when it came to the non-silver coins the prices they offered were practically criminal. I think it was $3 for the 1857 flying eagle, and get this, $7 for the 1877 indian head!!! So I am totally freaked out about my aunts and uncles taking this collection to a dealer and getting ripped off. Thankfully my mom had no interest in selling the coins, she just wanted to get an idea of their value.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 879377, member: 24544"]So my great grandmother collected coins which have been passed down to my grandmother, and then last year to my mother and her 5 siblings. When my grandmother died they split the collection 6 ways. My uncle was the executor of the will and has zero knowledge of coins. So to split the collection they went round robin picking coins, my guess is on the order of 400 coins split between 6 people with zero knowledge of coins. Apparently they fought over who would get the best quality steel war pennies [FONT=Wingdings]:headbang:[/FONT] So this weekend, I went over to my mom’s to check out her share of the collection. The vast majority of the coins are 20 century silver coins worth their silver value with a couple odds and ends, some large cents, III cent, Indian head, flying eagle type stuff. In looking through the 4 Indian head pennies she selected in the inheritance lottery she got a 1877!!! I am amazed, and am dying to know what the rest of my aunts and uncles have, because none of them know anything about coins. The kicker is, when my mom got the collection she took them to a local coin store to get appraised. The store basically said they were worth the silver value, which they low balled, but when it came to the non-silver coins the prices they offered were practically criminal. I think it was $3 for the 1857 flying eagle, and get this, $7 for the 1877 indian head!!! So I am totally freaked out about my aunts and uncles taking this collection to a dealer and getting ripped off. Thankfully my mom had no interest in selling the coins, she just wanted to get an idea of their value.[/QUOTE]
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