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Coin and Paper Money Collecting/Lincoln head penny collection

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Expert: - 4/3/2007


Question
I was burgled in July 2006 and I am now doing my taxes and have a question.  I had a complete (every penny made) penny collection from 1909 through 1991.  I purchases the very rare ones in 1959.  If one was to assume the collect had an average quality of good, what would the approximate or range of the value.  
I also had US Mint Proof sets from 1958 through 1988 and the proof gold sets from the 70's and 80's.  
Woudl you please help me with an average value or range of each that I could use for tax purposes?
Thank you very much.  

Answer
Hi Wayne,

If you get a copy of the 2007 Guidebook to US Coins by RS Yeoman, you will be able to see all the current selling prices of the coins you lost in the burglary.
This is probably the best and easiest way to accomplish this since you did not have a professional appraisal.
Good Luck
Regards
Joe Hylas

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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