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Old 09-15-2014, 03:46 PM  
alpha_omega alpha_omega is offline
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Any Coin Collectors on CP?

Ok...here's the deal....

We have an old coin collection that we inherited. We aren't really that into coins or stamps or whatever so we thought we would find out what the coins are worth.

I know there are a few shops here in KC that will do an appraisal for us, but before i selected one, i thought i would check with the CP braintrust and see if anyone has a shop/dealer/buyer that they might recommend?

It is worth noting that i haven't really looked through exactly what there is in detail, but there is a ton of coinage...some of which looks pretty old.

Any words of wisdom would be appreciated.
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Old 09-15-2014, 04:11 PM   #16
Ming the Merciless Ming the Merciless is offline
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Yeah getting an appraisal from a pawn guy seems smart!
LOL

"sorry these aint worth what you think they are, ill give you 50$ for the lot of them so you dont have to do all that "work" and pay all those "fees"
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Old 09-15-2014, 04:12 PM   #17
Scorp Scorp is offline
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$300 and four bags of Boar #555. One of my best.
**** you! I'm out!
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Old 09-15-2014, 04:13 PM   #18
Hog's Gone Fishin Hog's Gone Fishin is offline
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I have a coin in my collection from the 1700's . don't remember what it is, but I got it.
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Old 09-15-2014, 04:28 PM   #19
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I visited my parents this summer, and my dad dragged out his coin collection. Back in the 70s he got on a tear of collecting "collectible commemorative coins" from the Mint. They were negotiable currency, but I'd never seen most of them before. He had some odd stuff.

We started looking them all up, and they were all worth essentially what he paid for them or less. I felt bad for him. Apparently collectible commemorative coins are far more commemorative than collectible. They were pretty cool to look at, though.
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Old 09-15-2014, 04:35 PM   #20
cosmo20002 cosmo20002 is offline
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I visited my parents this summer, and my dad dragged out his coin collection. Back in the 70s he got on a tear of collecting "collectible commemorative coins" from the Mint. They were negotiable currency, but I'd never seen most of them before. He had some odd stuff.

We started looking them all up, and they were all worth essentially what he paid for them or less. I felt bad for him. Apparently collectible commemorative coins are far more commemorative than collectible. They were pretty cool to look at, though.
If they are the actual US Mint, they're probably worth about or less than what he paid. If they are silver, they would track whatever silver is worth. Even 1970s proof sets are only worth a few dollars, which is about what they cost new 40 years ago.

If they are from the Franklin Mint or similar, they're worth about nuthin.
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Old 09-15-2014, 04:38 PM   #21
Rain Man Rain Man is offline
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If they are the actual US Mint, they're probably worth about or less than what he paid. If they are silver, they would track whatever silver is worth. Even 1970s proof sets are only worth a few dollars, which is about what they cost new 40 years ago.

If they are from the Franklin Mint or similar, they're worth about nuthin.
These were U.S. Mint, so I was hopeful that they'd have some appreciation. They were really kind of cool. But yeah, nuthin'.
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Old 09-15-2014, 05:42 PM   #22
Hog's Gone Fishin Hog's Gone Fishin is offline
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I used to be a member of the Littleton coin collectors club. They would send you an assortment of elderly coins every month and you could look thru them , keep the ones you wanted and send the rest back. It was pretty neat way to get started . That was 30 years ago. I need to drag them out and see if my buffalo nickels are worth 6 cents by now.
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Old 09-15-2014, 05:44 PM   #23
Hog's Gone Fishin Hog's Gone Fishin is offline
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Oh yeah, I do have an uncirculated set of those steel pennies from I think 1943 when all the copper was being used for bullets in WWII
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Old 09-15-2014, 05:50 PM   #24
cosmo20002 cosmo20002 is offline
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I used to be a member of the Littleton coin collectors club. They would send you an assortment of elderly coins every month and you could look thru them , keep the ones you wanted and send the rest back. It was pretty neat way to get started . That was 30 years ago. I need to drag them out and see if my buffalo nickels are worth 6 cents by now.
They have insanely high prices. Common date and condition buffalo nickels are probably $.50.
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Old 09-15-2014, 05:54 PM   #25
cosmo20002 cosmo20002 is offline
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Oh yeah, I do have an uncirculated set of those steel pennies from I think 1943 when all the copper was being used for bullets in WWII
$1-$5 in "circulated" condition.

Some 1943 pennies were accidentally minted on copper. If you have one of those, you can name your price.
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Old 09-15-2014, 05:59 PM   #26
Zebedee DuBois Zebedee DuBois is offline
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I have a bunch of pre-1964 dimes and quarters. The last time I looked they were worth about $600.

I called one of the local gold and silver shops, and they said they paid 75% of the silver value.

Is that about normal? The shop gets 25% for their fee?
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Old 09-15-2014, 06:00 PM   #27
Hog's Gone Fishin Hog's Gone Fishin is offline
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They have insanely high prices. Common date and condition buffalo nickels are probably $.50.
Yeah, I knew they were charging me premium. But I was looking at the long haul. The prices I paid 30 years ago I can now recoup. Almost.
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Old 09-15-2014, 06:03 PM   #28
cosmo20002 cosmo20002 is offline
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These were U.S. Mint, so I was hopeful that they'd have some appreciation. They were really kind of cool. But yeah, nuthin'.
Yeah, the Mint makes a mint from those things.

They churn out tons of commemoratives today. Some of the "cool" ones sell at a premium at first and then the value settles to whatever the silver price of the day is.

A recent "cool" one was for the baseball Hall of Fame. The heads side had seams like a baseball and the coin was actually curved to kind of give the appearance of ball. At first, they were "worth" several times more than the Mint price.
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Old 09-15-2014, 06:09 PM   #29
cosmo20002 cosmo20002 is offline
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Originally Posted by Zebedee DuBois View Post
I have a bunch of pre-1964 dimes and quarters. The last time I looked they were worth about $600.

I called one of the local gold and silver shops, and they said they paid 75% of the silver value.

Is that about normal? The shop gets 25% for their fee?
http://www.coinflation.com/silver_coin_values.html

25% probably isn't outrageous, but you can probably do better.

Silver is in the toilet right now. A couple years ago, silver was almost $50/oz. Now its under $20.
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Old 09-15-2014, 06:09 PM   #30
Pooch Pooch is offline
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Best place to sell coins is eBay believe is our not. I am a huge buyer and seller. You can look up any coin to see it's current value. Use your best judgment on grade.
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