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<p>[QUOTE="Sholom, post: 768345, member: 17753"]Hi all,</p><p><br /></p><p>Some of you may recall this story from the summer. I have a friend (call him "A") in the following situation: His wife's brother (call the wife "W", and his wife's brother "B") was a small time collector who passed away about 10-15 years ago, "B" left to "W" his collection. About six years ago "W" passed away, and so my friend "A" has the collection. A has always wanted to cash it in the use the money for his kids.</p><p><br /></p><p>Luckily for me, he never got around to it . . . after talking to me, he agreed to let me handle it. Almost all of it is I guess what is called "junk silver" -- that is, mostly stuff in the G to VG range, mostly from 1900-1964 -- this includes Mercuries, Roosies, Washington .25, Walking Liberty, and Franklins. And a couple of Barbers. There are no keys or even semi-keys. I'm going to purchase that whole lot from him at melt, and we're both happy. (This may seem boring to many of you . . . but as for me, since prior to this year I collected almost exclusively via pocket change, I've never owned a Franklin or Walker before, or a Barber of anything, and this experience has ramped up my interest in coins to new areas).</p><p><br /></p><p>Here's where the story gets interesting even for you pros . . . he also has a decent (well, for me decent) Morgan and Peace collection. There was a thread a while back about the 1928-P Peace Dollar in there. 'nuff said on that.</p><p><br /></p><p>Now, as for the Morgans . . . my first pass through them I saw three semi-minor keys: 1883-cc, 1884-cc, and 1890-cc. I have no experience at all at grading Morgans, but I would guess that the first and last were around G-6, and the 1884-cc at, perhaps VF/XF. (I'll post pix sometime)</p><p><br /></p><p>I also know nothing about VAM's. I guess I'd better learn a lot before I evaluate the other Dollars.</p><p><br /></p><p>I also know next-to-nothing about slabbing. Not being a dealer or big-time collector, I presume my best option -- if I want to get them graded -- is to bring them to a dealer and have them submit it? (Please correct me if I'm wrong).</p><p><br /></p><p>Assuming all this is somewhat correct -- at what point is getting them graded worth it? How much would it cost me, and how much would it benefit me? What's the difference in value for those coins raw-vs-graded?</p><p><br /></p><p>Thoughts?</p><p><br /></p><p>============</p><p>Full disclosure: my friend "A" is so happy that I found some worthwhile pieces, he told me that either I can purchase them from him at a deep discount, or I could sell them, and he'd split the proceeds with me since I'm doing all the work. His half of the money will go to his kids as a final present from their mother. My plan is to sell the above mentioned dollars, and use that to finance my purchase of everything else he has.[/QUOTE]</p><p><br /></p>
[QUOTE="Sholom, post: 768345, member: 17753"]Hi all, Some of you may recall this story from the summer. I have a friend (call him "A") in the following situation: His wife's brother (call the wife "W", and his wife's brother "B") was a small time collector who passed away about 10-15 years ago, "B" left to "W" his collection. About six years ago "W" passed away, and so my friend "A" has the collection. A has always wanted to cash it in the use the money for his kids. Luckily for me, he never got around to it . . . after talking to me, he agreed to let me handle it. Almost all of it is I guess what is called "junk silver" -- that is, mostly stuff in the G to VG range, mostly from 1900-1964 -- this includes Mercuries, Roosies, Washington .25, Walking Liberty, and Franklins. And a couple of Barbers. There are no keys or even semi-keys. I'm going to purchase that whole lot from him at melt, and we're both happy. (This may seem boring to many of you . . . but as for me, since prior to this year I collected almost exclusively via pocket change, I've never owned a Franklin or Walker before, or a Barber of anything, and this experience has ramped up my interest in coins to new areas). Here's where the story gets interesting even for you pros . . . he also has a decent (well, for me decent) Morgan and Peace collection. There was a thread a while back about the 1928-P Peace Dollar in there. 'nuff said on that. Now, as for the Morgans . . . my first pass through them I saw three semi-minor keys: 1883-cc, 1884-cc, and 1890-cc. I have no experience at all at grading Morgans, but I would guess that the first and last were around G-6, and the 1884-cc at, perhaps VF/XF. (I'll post pix sometime) I also know nothing about VAM's. I guess I'd better learn a lot before I evaluate the other Dollars. I also know next-to-nothing about slabbing. Not being a dealer or big-time collector, I presume my best option -- if I want to get them graded -- is to bring them to a dealer and have them submit it? (Please correct me if I'm wrong). Assuming all this is somewhat correct -- at what point is getting them graded worth it? How much would it cost me, and how much would it benefit me? What's the difference in value for those coins raw-vs-graded? Thoughts? ============ Full disclosure: my friend "A" is so happy that I found some worthwhile pieces, he told me that either I can purchase them from him at a deep discount, or I could sell them, and he'd split the proceeds with me since I'm doing all the work. His half of the money will go to his kids as a final present from their mother. My plan is to sell the above mentioned dollars, and use that to finance my purchase of everything else he has.[/QUOTE]
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