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<p>[QUOTE="EPeters85, post: 1954799, member: 71572"]Hi all - For nearly a year I've been researching a large coin collection that I inherited and have now begun selling some items. Started out with zero knowledge, but with help from Google and sites like this I've become comfortable and more confident in what I’m doing. With that being said, however, I still honestly don't know all that much and I want to be sure I don't make any foolish decisions in the selling phase. It was never my intention for the collection to be a long term asset, although I have made a nice little sub-collection for myself that will stay in the family. Everything else will find new, loving homes amongst you passionate collectors.</p><p><br /></p><p>A general question – I know it’s almost silly to ask with you not knowing what I have, but regardless, besides rare coins, what would I be most wise to save and sell in the future? Is the coin market bad for anything in particular at the moment, or good for, for that matter?</p><p><br /></p><p>A more specific question – Silver…Would it be wise to keep coins such as Morgans in the event the silver price were to inch its way back up, or is their value somewhat redundant in those regards? To put it differently – Would the value of an 1885 dollar coin in good condition be impacted by a couple dollar increase of silver? Should I have no qualms selling them at any point because there is a standard price? There is a lot of au-unc pre-64 coins and junk silver…I know the coins in poor condition are pretty much just worth their weight, but how much more value (above silver weight) do the au-unc coins have that are somewhat abundant from the '50s/'60s?</p><p><br /></p><p><br /></p><p>After typing this out and reading it I realize it’s maybe more of an investment question than perhaps a numismatic one, but maybe someone has some wisdom they could bestow upon me...Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="EPeters85, post: 1954799, member: 71572"]Hi all - For nearly a year I've been researching a large coin collection that I inherited and have now begun selling some items. Started out with zero knowledge, but with help from Google and sites like this I've become comfortable and more confident in what I’m doing. With that being said, however, I still honestly don't know all that much and I want to be sure I don't make any foolish decisions in the selling phase. It was never my intention for the collection to be a long term asset, although I have made a nice little sub-collection for myself that will stay in the family. Everything else will find new, loving homes amongst you passionate collectors. A general question – I know it’s almost silly to ask with you not knowing what I have, but regardless, besides rare coins, what would I be most wise to save and sell in the future? Is the coin market bad for anything in particular at the moment, or good for, for that matter? A more specific question – Silver…Would it be wise to keep coins such as Morgans in the event the silver price were to inch its way back up, or is their value somewhat redundant in those regards? To put it differently – Would the value of an 1885 dollar coin in good condition be impacted by a couple dollar increase of silver? Should I have no qualms selling them at any point because there is a standard price? There is a lot of au-unc pre-64 coins and junk silver…I know the coins in poor condition are pretty much just worth their weight, but how much more value (above silver weight) do the au-unc coins have that are somewhat abundant from the '50s/'60s? After typing this out and reading it I realize it’s maybe more of an investment question than perhaps a numismatic one, but maybe someone has some wisdom they could bestow upon me...Thanks![/QUOTE]
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