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re: How to handle old coin collection
Posted on 2/17/26 at 10:19 pm to dstone12
Posted on 2/17/26 at 10:19 pm to dstone12
The value of collecting is the study and research of pieces and their impact on our present situation and future generations.
It may be as simple as a coin, but it may have been a half a days work...
The US Quarter and one cent being the same size?
I was going to make a thread to antiquetiger, but I think I will put it here..
Hungarian Denar... Transylvania.. This one dated 1566.. Smaller than a US dime... Probably keep in a small change purse... Unsure of silver content...
It may be as simple as a coin, but it may have been a half a days work...
The US Quarter and one cent being the same size?
I was going to make a thread to antiquetiger, but I think I will put it here..
Hungarian Denar... Transylvania.. This one dated 1566.. Smaller than a US dime... Probably keep in a small change purse... Unsure of silver content...
This post was edited on 2/17/26 at 11:11 pm
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Posted on 2/18/26 at 8:35 am to dstone12
You can spend time going through each one individually and see if one is a "jackpot". Most likely they aren't worth anything astronomical and you are spending time setting up an ebay store to sell less than a hundred coins to make a few hundred bucks.
AI (grok/chatgpt) is helpful in distinguishing coins and even grading (not perfect).
Unless you come across some rare coins or notes I suggest taking the ones you don't want to keep to a coin shop and pocket the money.
AI (grok/chatgpt) is helpful in distinguishing coins and even grading (not perfect).
Unless you come across some rare coins or notes I suggest taking the ones you don't want to keep to a coin shop and pocket the money.
Posted on 2/18/26 at 12:16 pm to dstone12
I worked at a coin shop many years ago. Numismatics is not exactly dead; but, interest has definitely waned in the past 20+ years.
I don’t see anything here that’s going to set the world on fire. In general; what commands a premium nowadays is rare dates in pristine graded (or worth grading) condition. Nothing in the photos here jumps out at me as being one of those.
Lots of solid advice here. IMHO, the Morgan’s will be the easiest to move.
Basically you have two options…
Private person to person sales will generate the most money. It will also require the most time and effort. Places like E-Bay will take a cut off every sale.
Alternatively; you can go the coin shop route. They are going to offer you 50-60 cents on the dollar at best. And that’s if they buy at all.
Paper/note collectors are a different breed and far more rare than coin collectors. E-Bay is likely your best bet there.
You do have quite a bit of silver here. Silver is still trading for a good premium now. Forums like Reddit r/pmsforsale is a good place to sell; but, as a new user you may be asked to use an intermediary. Unfortunately; scammers are a thing and these middlemen have emerged to safeguard buyers.
You can also try selling the silver at jewelry or pawn shops. In my area you can expect about 20% below spot right now. Currently that’s about $60-65 an ounce.
I don’t see anything here that’s going to set the world on fire. In general; what commands a premium nowadays is rare dates in pristine graded (or worth grading) condition. Nothing in the photos here jumps out at me as being one of those.
Lots of solid advice here. IMHO, the Morgan’s will be the easiest to move.
Basically you have two options…
Private person to person sales will generate the most money. It will also require the most time and effort. Places like E-Bay will take a cut off every sale.
Alternatively; you can go the coin shop route. They are going to offer you 50-60 cents on the dollar at best. And that’s if they buy at all.
Paper/note collectors are a different breed and far more rare than coin collectors. E-Bay is likely your best bet there.
You do have quite a bit of silver here. Silver is still trading for a good premium now. Forums like Reddit r/pmsforsale is a good place to sell; but, as a new user you may be asked to use an intermediary. Unfortunately; scammers are a thing and these middlemen have emerged to safeguard buyers.
You can also try selling the silver at jewelry or pawn shops. In my area you can expect about 20% below spot right now. Currently that’s about $60-65 an ounce.
This post was edited on 2/18/26 at 12:19 pm
Posted on 2/18/26 at 12:57 pm to wiltznucs
quote:
I don’t see anything here that’s going to set the world on fire
This was my guess. And obviously you know I’m below even a novice.
I saw four of them
With an 1800’s and thought “jackpot” right?
You can laugh out loud with me on that.
However I had no clue. But I had to ask.
I won’t show them to my neighbor. He describes himself as the number one ranked coin collection in our state. He also brags about how he ripped off a young dealer in Cincinnati for an absurd coin. You ng kid didn’t know and the owner is probably upset wth him.
I don’t trust him and I don’t want to even show him the collection.
This post was edited on 2/18/26 at 1:12 pm
Posted on 2/19/26 at 9:40 pm to dstone12
Start with PCGS CoinFacts app.
Pictures of graded coins to compare. Also valuations.
It is a start. It is hard to be objective with your own coins so beware of personal bias when trying to eyeball grade.
If you think you have any think of significant value, then decision. E-bay it or take it to a user’s group or similar to get a better grade.
Posted on 2/20/26 at 1:14 am to Alltheway Tigers!
quote:I once had an old coin dealer friend of mine describe the process of arriving at consensus on grading coins by a buyer and seller was like the old story about divorcing couples: there’s her story and his story and then there’s the truth.
It is hard to be objective with your own coins so beware of personal bias when trying to eyeball grade.
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