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re: Valuation of Old Coins
Posted on 6/9/15 at 5:04 pm to retired trucker
Posted on 6/9/15 at 5:04 pm to retired trucker
If I won't get $20, what would I get, and why would I want to keep them? Should I be waiting for the Hunt brothers to rise from the dead and try to corner the silver market again?
0
Posted on 6/9/15 at 6:11 pm to White Roach
Posted on 6/9/15 at 6:31 pm to White Roach
You may still have a rare coin even though it may be circulated. You should purchase a current "The official Red Book" Guide for USA coins, R.S. Yeoman. Go home spend some time with the coins and the book. When you feel like you're ready visit a good dealer. I use Southland Coins in Lake Charles. Get some offers, check the book. Don't be in a hurry.
Posted on 6/9/15 at 6:42 pm to White Roach
quote:
My mother has a bunch of old silver dollar coins
Go to Hans Leutkemeier Silversmith in Metairie. They will assess them and give you a very fair price. I found a bunch of sterling silver coins when I cleaned out my deceased uncle's office. They really know their stuff.
ETA: He loves old stuff and he and his wife are very gracious and a pleasure to do business with.
This post was edited on 6/9/15 at 6:46 pm
Posted on 6/9/15 at 6:56 pm to glassman
Thanks, Glassman.
I understand that someone buying coins for resale has to make a reasonable margin to remain in business. My concern is that there may be (are...) shyster bastards out there. I'm happy to have a referral to a reputable local dealer. Thanks again. I appreciate the help.
I understand that someone buying coins for resale has to make a reasonable margin to remain in business. My concern is that there may be (are...) shyster bastards out there. I'm happy to have a referral to a reputable local dealer. Thanks again. I appreciate the help.
Posted on 6/9/15 at 7:05 pm to White Roach
Have you checked completed listings on eBay?
Posted on 6/9/15 at 7:32 pm to White Roach
quote:
Thanks again. I appreciate the help.
No problem. Of course they will melt it down and make some beautiful stuff with it. Take some of the money and buy something for your SO. They have some gorgeous things there.
Hans and his wife are German and I love their accents..
Posted on 6/9/15 at 7:52 pm to Geaux-2-L-O-Miss
quote:
Try State Rep Paul Hollis in the ST Tammany area. He has some sort of coin certification and possible a coin shop.
If there's one guy I trust with found money - it's a politician.
Posted on 6/9/15 at 8:27 pm to White Roach
Normal circulated silver coins will bring between $15/$20 on the dollar. Look for Carson City mint marks. Those coins will bring a premium.
Posted on 6/9/15 at 8:30 pm to White Roach
PCGS.com has an easy to follow photo grade guide for all US coins
Posted on 6/9/15 at 9:58 pm to ItalianTiger
Thanks for the help. The OT was way more helpful than the Money Board!
Posted on 6/9/15 at 10:09 pm to White Roach
I don't know anything about them other than that they have been in business for 30+ years and have a shitload of coins but there is that place on Royal Street.
James H. Cohen and Sons.
James H. Cohen and Sons.
Posted on 6/9/15 at 10:46 pm to jbgleason
Yeah, that place on Royal has a lot of cool stuff besides coins. Old maps and weaponry. Neat place to visit.
Posted on 6/10/15 at 1:55 pm to Broke
quote:
Spot price is about $16. He would get $20.
Assuming he sold them for their 90% silver, yes. But I'm sure he had some gems in the bunch he's not aware of, they always do.
Posted on 6/10/15 at 2:02 pm to White Roach
Posted on 6/10/15 at 2:14 pm to Broke
quote:
Spot price is about $16. He would get $20
not from a store he wouldn't
he'd have to sell to a collector
stores buy low, sell high, or they're out of business.
and numismatics are poor investments....ok for a hobby, but invest money elsewhere
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