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<p>[QUOTE="Valentinian, post: 7532944, member: 44316"]We on CT do know know enough about the "collection" to know if it is a serious collection assembled with significant expertise and expense, or merely an "accumulation" assembled from circulation. For example, 1000 silver dollars can be worth close to 1000 times melt value, or they could be worth a fortune, if they were better types in high grades.</p><p><br /></p><p>Usually children know if their parents were very serious collectors (from the books they used and catalogs they got in the mail and the time they spent on the collection and the comments they made to their kids about how valuable the coins are). I'd wager the vast majority of "collections" in safe deposit boxes are worth barely above their melt value--the parents were setting aside silver and "old" coins and called it a "collection" when serious collectors would call it an "accumulation."</p><p><br /></p><p>I'd hold off on creating a spreadsheet until you know there are desirable numismatic coins. No one needs a spreadsheet for silver dollars to be sold to melt.</p><p><br /></p><p>What can you do from 2000 miles away? Presumably, you will go there to deal with the house, furniture, etc. Sometime when you plan to go there I would contact a local dealer and hire him (I expect it will be a man) at an hourly rate to go with you to the boxes and look it over with the intent to separate our the particularly valuable stuff (if any). Agree he will not be the one to buy it (Don't tempt him to undervalue or overlook good stuff by giving him hope he will be the one to buy it from you.)</p><p><br /></p><p>If you value all the "old" coins set aside by "collectors," I think the vast majority have little to no numismatic value. They may be silver or gold and have precious metal value, but that does not require a numismatist to value. If you find out there is some really good collectable stuff in there with a real numismatic premium, then you are on to stage 2, which requires a long answer in itself. But, there is a good chance stage 2 will not need to happen.[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 7532944, member: 44316"]We on CT do know know enough about the "collection" to know if it is a serious collection assembled with significant expertise and expense, or merely an "accumulation" assembled from circulation. For example, 1000 silver dollars can be worth close to 1000 times melt value, or they could be worth a fortune, if they were better types in high grades. Usually children know if their parents were very serious collectors (from the books they used and catalogs they got in the mail and the time they spent on the collection and the comments they made to their kids about how valuable the coins are). I'd wager the vast majority of "collections" in safe deposit boxes are worth barely above their melt value--the parents were setting aside silver and "old" coins and called it a "collection" when serious collectors would call it an "accumulation." I'd hold off on creating a spreadsheet until you know there are desirable numismatic coins. No one needs a spreadsheet for silver dollars to be sold to melt. What can you do from 2000 miles away? Presumably, you will go there to deal with the house, furniture, etc. Sometime when you plan to go there I would contact a local dealer and hire him (I expect it will be a man) at an hourly rate to go with you to the boxes and look it over with the intent to separate our the particularly valuable stuff (if any). Agree he will not be the one to buy it (Don't tempt him to undervalue or overlook good stuff by giving him hope he will be the one to buy it from you.) If you value all the "old" coins set aside by "collectors," I think the vast majority have little to no numismatic value. They may be silver or gold and have precious metal value, but that does not require a numismatist to value. If you find out there is some really good collectable stuff in there with a real numismatic premium, then you are on to stage 2, which requires a long answer in itself. But, there is a good chance stage 2 will not need to happen.[/QUOTE]
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