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<p>[QUOTE="satootoko, post: 38309, member: 669"]Welcome to the forum bluegrass. My first suggestion would be for you to look at the previous threads on the same subject, of which there have been many. Read the "sticky" post that is at the top of this forum, then look at "Collection", for starters.</p><p><br /></p><p>The grade "very good" is a very low grade, and I'm sure you are not using the term in its technical sense.</p><p><br /></p><p>You can obtain <i>A Guide Book to United States Coins</i> by Yoeman, (aka The Red Book) inexpensively at any online or brick & mortar bookstore or coin dealer, and you can very probably consult one free at your local public library. It will give you some basic information on grading (which greatly affects value), as well as identifying major varieties which you may find in your inheritance that have exceptional values.</p><p><br /></p><p>Don't rely too heavily on the actual prices listed, as they were the publisher's best estimate of retail prices you would expect to pay a dealer, as of the closing date of the book for publication, some months before it hit the streets last year. The coin market has been changing rapidly in recent years. What the listings <i>will</i> tell you is which of your coins are the most valuable, and which ones probably merit close examination by a knowledgeable person.</p><p><br /></p><p>If your aim is to liquidate the collection, the review I am suggesting will help you decide whether it may be valuable enough to interest a major dealer, or whether it should be shopped to local dealers. If that is the course you take, be sure to get several opinions; and realize that if you want a detailed piece-by-piece pricing, that is what is known as an "appraisal", and you will have to pay for the appraiser's services.</p><p><br /></p><p>If your aim is to preserve and perhaps enlarge the collection, then hang around this forum for a while and soak up the knowledge which is regularly dispensed; perhaps join the American Numismatic Association and gain access to its extensive library; and take other steps to educate yourself <i>before</i> you make any purchases yourself.</p><p><br /></p><p>Whatever long-term course you decide on, feel free to post pictures of some that you believe to be the most interesting, or valuable, and get the input of forum members.</p><p><br /></p><p>Again, welcome to the forum, and perhaps to the hobby as well. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 38309, member: 669"]Welcome to the forum bluegrass. My first suggestion would be for you to look at the previous threads on the same subject, of which there have been many. Read the "sticky" post that is at the top of this forum, then look at "Collection", for starters. The grade "very good" is a very low grade, and I'm sure you are not using the term in its technical sense. You can obtain [i]A Guide Book to United States Coins[/i] by Yoeman, (aka The Red Book) inexpensively at any online or brick & mortar bookstore or coin dealer, and you can very probably consult one free at your local public library. It will give you some basic information on grading (which greatly affects value), as well as identifying major varieties which you may find in your inheritance that have exceptional values. Don't rely too heavily on the actual prices listed, as they were the publisher's best estimate of retail prices you would expect to pay a dealer, as of the closing date of the book for publication, some months before it hit the streets last year. The coin market has been changing rapidly in recent years. What the listings [i]will[/i] tell you is which of your coins are the most valuable, and which ones probably merit close examination by a knowledgeable person. If your aim is to liquidate the collection, the review I am suggesting will help you decide whether it may be valuable enough to interest a major dealer, or whether it should be shopped to local dealers. If that is the course you take, be sure to get several opinions; and realize that if you want a detailed piece-by-piece pricing, that is what is known as an "appraisal", and you will have to pay for the appraiser's services. If your aim is to preserve and perhaps enlarge the collection, then hang around this forum for a while and soak up the knowledge which is regularly dispensed; perhaps join the American Numismatic Association and gain access to its extensive library; and take other steps to educate yourself [i]before[/i] you make any purchases yourself. Whatever long-term course you decide on, feel free to post pictures of some that you believe to be the most interesting, or valuable, and get the input of forum members. Again, welcome to the forum, and perhaps to the hobby as well. :)[/QUOTE]
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