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I believe in the principle of Due Process |
An old neighbor contacted me.
My pal is an old USNA grad, a nuclear submariner, long retired, and deserving. Any suggestions? Luckily, I have enough willpower to control the driving ambition that rages within me. When you had the votes, we did things your way. Now, we have the votes and you will be doing things our way. This lesson in political reality from Lyndon B. Johnson "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." - Justice Janice Rogers Brown | ||
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Thank you Very little |
There is a national organization they may be able to guide him. He could of course go to different coin shops and see what they offer, of course he'd want to research the coins to see what value they have. Like Diamonds, coins have various grades based on condition, then there is coin type, age, https://www.money.org/ There are various online coin valuation sites, of course he'd have to know more about the coin to get a good value. https://www.pcgs.com/prices/ | |||
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Fire begets Fire |
Not a coin collector since age 14, but the internet is loaded with pricing information which heretofore was fairly hard to come by. Hopefully a real expert might chime in. "Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty." ~Robert A. Heinlein | |||
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Needs a check up from the neck up |
I have dealt with my in laws enough to know that any coin/jewelry shop that will even make an offer will be at 40-50% of what they sell it for. Best advice I can give is to go to 3 or 4 and bid them against each other and expect to get 60-70% of what you wanted for it. __________________________ The entire reason for the Second Amendment is not for hunting, it’s not for target shooting … it’s there so that you and I can protect our homes and our children and and our families and our lives. And it’s also there as fundamental check on government tyranny. Sen Ted Cruz | |||
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The air above the din |
Some years back, I frequented the forums at cointalk.org. That was a good community at the time where you could get decent information from folks in the hobby/business. You might take a look there. Haven’t been there in years, though, so caveat emptor. I also agree with the poster above who said check in at PCGS.com. | |||
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Member |
Depending on the number of coins- I'd google each one and see if there's anything significant about the coin, the date, or the mint mark. This could tell you whether it's worth more than scrap. A good collection would be worth taking to experts but most are probably just melt value. ____________________________________________________ The butcher with the sharpest knife has the warmest heart. | |||
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Member |
HKR has given the best advise. Your friend will have to check each coin for condition and rarity. I metal detect and have found a few key date coins. I found a 1909 S VDB wheat back penny. It graded extra fine with corrosion. Coin dealers offered 150.00 to 250.00. It sold for 800.00 to a collector. Research and don’t be in a hurry. Good luck to your friend | |||
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Funny Man |
Is he in Texas or California? My dad is retired but deals in both coins and bullion as a hobby/business. He could potentially examine the collection in person if local. ______________________________ “I'd like to know why well-educated idiots keep apologizing for lazy and complaining people who think the world owes them a living.” ― John Wayne | |||
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I believe in the principle of Due Process |
He’s in Whackyland Any other thoughts, anyone? Luckily, I have enough willpower to control the driving ambition that rages within me. When you had the votes, we did things your way. Now, we have the votes and you will be doing things our way. This lesson in political reality from Lyndon B. Johnson "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." - Justice Janice Rogers Brown | |||
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Member |
Long Shot- Ask David Truong if he knows a reputable coin dealer? David deals in gold and silver, is in California and might have had the need to have coins appraised. ____________________________________________________ The butcher with the sharpest knife has the warmest heart. | |||
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SIGforum Official Eye Doc |
Off topic...but which submarine(s) did he serve on? 1980's era, by any chance? Boomers? | |||
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Conveniently located directly above the center of the Earth |
I too was wondering what to do with my old hobby trailings from my wonder years of 1950s-60s. Haven't found solution yet. One unexpected discovery, was how hard to see all those little tiny dates have become..... **************~~~~~~~~~~ "I've been on this rock too long to bother with these liars any more." ~SIGforum advisor~ "When the pain of staying the same outweighs the pain of change, then change will come."~~sigmonkey | |||
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Member |
Where at in California? I live in the Sacramento area. I know of a couple of shops in the area that I have used to sell personal as well as estate items. There are many factors that effect the price of coins. | |||
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Member |
Jallen- could you get pictures? I can send you a list of coins to inspect further. Pcgs.com price guide is very helpful but is confusing if you aren’t versed in the terminology and grading. Shops will pay you about 1/2 value. eBay is a good way to sell but requires quite a bit of time. If you do have any of real value, use pcgs or ngc to have them graded and slabbed. If no pictures, send me a list of the types and I can send you dates to look for And ballpark values. Pick out the good ones to sell separately then visit the local stores for an offer. If the offers are poor, sell them as lots based on type on eBay. If there is any early American gold or silver I might be interested. | |||
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I believe in the principle of Due Process |
He was USNA ‘52-53, I believe, and was yanked out of whatever duty he was on and ordered to Nuclear Power School whether he wanted to or not. He retired as a O-6 after 30 years and worked on reactors after that. I don’t know what boats he was on. I met him at a Mensa meeting and it turned out he was a near neighbor. Luckily, I have enough willpower to control the driving ambition that rages within me. When you had the votes, we did things your way. Now, we have the votes and you will be doing things our way. This lesson in political reality from Lyndon B. Johnson "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." - Justice Janice Rogers Brown | |||
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Master of one hand pistol shooting |
This book has served me well. https://www.amazon.com/2019-Of...ativeASIN=0794845711 SIGnature NRA Benefactor CMP Pistol Distinguished | |||
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Smarter than the average bear |
I am not surprised! I am not experienced with coins, but the one thought I had is to see if there are auctions that will feature coins. The auction house gets a percentage, and thus has an incentive to make sure the coins are properly represented and exposed to the right parties. | |||
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Oriental Redneck |
All good advice. But, this is what I would do:
Another recommendation is to try Heritage Auctions. They are one of the largest, if not the largest, coin/currency/memorabilia auction houses in the country. Highly reputable. I dealt with them all the time, when I was into coins. Their HQ is in Dallas, but they have branches all around the country, one is in Beverly Hills. https://www.ha.com/heritage-au...beverly-hills-121913 Make an appointment with them to bring in the coins for appraisal. Q | |||
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Funny Man |
If he can access a flat bed scanner he could scan the coins into a .jpg file a dozen or so at a time. This would give him an easy way to shop the collection broadly. Scanned this way the coins will show condition quite well, far better than a picture and much faster as they can be done in lots. Scan the front, flip and scan the back. He will have two .jpg files for each lot. My dad uses a flat bed scanner in this manner when selling online. ______________________________ “I'd like to know why well-educated idiots keep apologizing for lazy and complaining people who think the world owes them a living.” ― John Wayne | |||
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Member |
I use these guys. ========================================== Just my 2¢ ____________________________ Clowns to the left of me, Jokers to the right ♫♫♫ | |||
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