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<p>[QUOTE="stevent, post: 196664, member: 7916"]About 10 years ago, a co-worker's father passed away and left a coin collection behind. My friend didn't want the coins and knew that I had a passing interest in old coins, so we struck a deal: I'd pay him 110% of the face value of all U.S. pennies; I'd pay him the book value of the lowest grade I could determine for the silver coins (not being an expert at grading coins) and I paid him the then-current market price per ounce for all other sliver coins (mostly commemorative Morgan Mint, etc.)</p><p><br /></p><p>We were both happy with the deal.</p><p><br /></p><p>Well, ten years later I'm thinking to sell of some of the coins.</p><p><br /></p><p>What would be the best approach? Should I take photos and put them up for auction on eBay? Take them to a local coin dealer and pay for individual appraisals (at least two thousand coins, including pennies)? Sell some in lots? Just hold on to them (we don't need the money)?</p><p><br /></p><p>Suggestions, anyone?[/QUOTE]</p><p><br /></p>
[QUOTE="stevent, post: 196664, member: 7916"]About 10 years ago, a co-worker's father passed away and left a coin collection behind. My friend didn't want the coins and knew that I had a passing interest in old coins, so we struck a deal: I'd pay him 110% of the face value of all U.S. pennies; I'd pay him the book value of the lowest grade I could determine for the silver coins (not being an expert at grading coins) and I paid him the then-current market price per ounce for all other sliver coins (mostly commemorative Morgan Mint, etc.) We were both happy with the deal. Well, ten years later I'm thinking to sell of some of the coins. What would be the best approach? Should I take photos and put them up for auction on eBay? Take them to a local coin dealer and pay for individual appraisals (at least two thousand coins, including pennies)? Sell some in lots? Just hold on to them (we don't need the money)? Suggestions, anyone?[/QUOTE]
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