Timely

Recent addition.

Cleaned or not, the detail is superb & obvious!

On 11/20/2019 at 3:54 PM, Numismatic, A.A.S. said:

Sweet Load of Silver....my mouth was watering and I started to get really excited....my previous post to you stands....AND THANK YOU FOR TAKING MY ADVICE!!!

I'm not always that open but when my cup (I mean  pitcher) runs over....

Holler if you have any questions on varieties or anything.....Love them Coins!!!!

 

Thanks!  Love the enthusiasm!

Soap opera central!

Question for any who might be willing to answer.  If you had $100 to spend on Morgans, would you buy a lot of 5 Morgans or 1 lower grade CC Morgan?

3 hours ago, Star City Homer said:

I have almost zero interest in Morgans/Peace dollars, but if I suddenly got 1500 I would begin to get interested! 

As there is no rush I would do what you have done, sorting by dates/mint marks and then keep them in tubes. 

Next up, 'buy the book' and start learning about VAMs.  Any treasures by condition, eye appeal, value (over $200 is a good metric IMO) send in for slabbing.  Otherwise keep an album for the interesting coins (or a row box with inert flips and labels), keep the rest in tubes. 

If I ever felt the need to sell for cash, the tubes would be the first to go. 

You might find you are now interested in the coins, or at least can sell them at your leisure.  Shoot, you could probably sell the 'junk' ones to fund any buys if you do decide to make it a collection.

You already have a collector mentality, you just might find you are sucked into coins after all!  Or, the bullion is a nice little hedge.  Shoot at current prices, you have a tidy little sum there!

 

I've began collecting coins in 1982 when I was 10 years old, but then got into comic books at age 12. By 17 I stopped collecting coins altogether & went fully into comic books (and then later original comic art). In 2011 I got back into coins here & there, but my experience is pretty limited.  I still have about 10 coins I bought as a kid, but had sold the rest to help buy my 1st car.   I had a pretty impressive little Indian Head Penny/Flying Eagle collection when I was 14-15, only have 1 of them left, a BU 1892.

I just noticed two of them had a sticker on them with a hand-written date of 1981.  That must have been when my dad bought the later batch.

I've noticed a few differences on some of them already.

One question I have.  I noticed the rim of two coins of the same year had 2 very distinct thicknesses. Is that common? Even to my untrained eye I could spot how 1 coin was at least 20% thicker than the other.

So the second half of the collection was a bit of a disappointment. Here's what was there.

Morgan Dollars-

1886-O 1 coin

1921 P, D & S 244 coins

Peace Dollars-

1922 P & S 213 coins

1923 P & S 127 coins

1924 20 coins

1925 11 coins

1926 4 coins

1926-D 8 coins

1926-S 12 coins

1928-S 2 coins

1934 1 coin

1934-D 2 coins

1934-S 1 coin

1935 3 coins

1935-S 8 coins

Overall, a pretty fun experience going through them!

That's the plan.  Spend a few days sorting & picking out the best examples of each date.

1 hour ago, Just Bob said:

Looks like loads of fun!

Have you been practicing your grading skills?

Not so much.  I just got home with them.  Probably take a while just to sort them!

My core collection is Gold American coins.

So I finally got the coins. The 1st portion of the collection my dad got from 1957-1965 when he was a kid.  Apparently back then you could still get Morgan Dollars from the bank for a dollar. Then in 1965 he told his mom he wanted to turn them back in to the bank because he wanted to use the money to start dating.  My grandmother said she would buy them from my dad and did. She kept them for a long time before telling my dad she still had them! These are all Morgans that date from 1878-1904.

The second, larger portion of the collection my dad got in the 1970's- early 1980's. These are mostly later Morgans & maybe about 25% Peace Dollars.

They have been in these bank bags since the 80's.  We bought a few tubes to put them in for travel.

I have a 1894 $20 Lib MS62 with a spot on the obverse on her hair.  In the past 2 years the spot is now twice as dark & has increased in size by 25% or so. The spot looks maroon in color.  Any thoughts? Here's the coin 2 years ago.

Finally got around to doing a group shot!

New addition!

I'm in no rush.  It will be fun to go through them and see what's actually in there. 

My dad also has a lot of gold coins, but he said he's not ready to give those away.  What I remember seeing 15 years back were 3 or 4 plastic containers of 1967 krugerrands. Are those worth certifying or is it only worth melt? He wants to hold on to those & give them to my mom so she can sell them if he's gone & she needs money.

On 3/3/2019 at 4:12 PM, RWB said:

Have the coins worth a premium authenticated and "graded" if you plan to sell them. Keep the others and wait for a spike in silver bullion to sell; or sell through a local ad direct to buyers. 1,500 is not a large quantity to sell, assuming they are typical uncirculated. If they are baggy, then don't expect much above melt, but if nice MS64 or better pieces, you could find considerable interest.

If you are not sure about the condition, find a local coin club and ask members' opinions.

 

Thanks for the feedback

My expertise is grading comic books.

I only buy graded coins & I pick the ones that have the best eye appeal to me. I don't have enough experience grading coins or knowing what errors to look for. The coins are still with my dad so I have no pics yet.  I have a vault for my comics so I'll put the coins in there when they arrive, no problems with safety.

The coin market is way different than the comic market in many respects.  To be honest, I don't even know what a grey sheet is!  I assume it's a buy list for dealers that is 25% lower than actual dealer pricing?

 I was buying coins when I was 10-16 back in the 80's with my allowance, then got out until about 2012 or so.  I feel like such a newb!

My dad has approximately 1500 Morgans & Peace dollars that he bought in the 70's-80's that he is giving to me. They have been sitting in bank bags for about 40 years. He knows there are CC's in there but does not believe he has a full set.  Once I pull out the rarer dates, what should I do with all the commons? At what grade level do commons need to be to be worth grading?

And for that matter, I've never sent in a coin for grading so I don't even know the costs.

Another new acquisition.