Coin and Paper Money Collecting/"estate" coins

Advertisement


Question
My husband died 10 years ago and I finally looked through some of the coins (lots of them), randomly put in envelopes: Lincoln Pennies, Buffalo Head nickels, Morgan dollars, silver certificates, and more. I've moved them, stuck them in the closet and generally think of them only when cleaning out. I don't have a clue what to so with them but  it's time. I'm not interested in coin collecting. Can you suggest how I go about getting the "collection" evaluated by a reputable person/s?
I assume I would sell it. I live in the northwest. Thanks for your help.

Answer
Hi Lois, Collector value of a coin depends on denomination (face value), date, mint mark (if any), number minted and condition of a coin, including amount of wear, any dents, scratches or cleaning as well as collector demand for it.
U.S. coin prices for professionally graded coins: http://www.pcgs.com/prices/
and ungraded coins: http://www.bestcoin.com/united-states-coin-pricing-guide.htm .
Ungraded coins (raw) are worth less depending on amount of wear and collector demand.
You might also try a library for a copy of the Guidebook of United States Coins for pictures, values and lots more interesting info.
You might take some of them by a local coin shop for a first hand opinion: http://find.mapmuse.com/interest/coin_dealers
A dealer would likely offer you their minimum value though in order to make the most profit off them. But he may refer you to a local reputable collector that could do better.
You might try Ebay.com for similar pieces for comparison and as a place to offer them for sale to the greatest audience of collectors.
Brad

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


Brad Swain

Expertise

I have been a World Coin and Paper Money collector since about 1965. I will be glad to answer any questions you may have on World coins or currency, tokens, unusual or unknown pieces and attempt to give you estimates of value and historical information about them in a polite and prompt manner.

Experience

45 years collecting coins and paper money.

Education/Credentials
BA History, BA Geography - Virginia Tech

©2012 About.com, a part of The New York Times Company. All rights reserved.