Coin valuing tool

[DWBOX2000]

Any one have any suggestions for valuing some old coins. My grandmother gave me a bunch probably 40 years ago. I forgot I have so I might as well get rid of. Doubt they add up to much but I’d like a fair price.
Thanks.

[gregpark]

There're apps on for your phone for that. Find the ones that have value then take them to a coin shop for true value depending upon condition. Any halves, quarters or dimes pre 1965 have metal value

[aschen]

The AI apps are notoriously sketchy in the coin community. A little more work but sold auctions on ebay.

Greensheet is the closest to market, but have to buy. Redbook is cheap and in the ballpark likely high prices.

Most 90% silver coinage melts at around 50$ per dollar face value these days, but coin shops are currently paying well back. If you post pics the internet will do its magic as well

[porsche tech]

No help on an app but we inherited a bunch of coins from my father and kept wondering what to do with them (silver half dollars, silver dollars, some uncirculated stuff, down to rolls of wheat pennys). My wife’s friend had a similar situation and took it all in to this place in Savannah and highly recommended them to us. We got there right as they opened (no appointments) and by the time we left, there was probably 20 people waiting. Very friendly and examined every piece, sorting and pricing them. Can’t remember exactly but he came up with around $2000 and they gave us a check on the spot. Easy way to handle getting rid of them. They had a cop on duty in there and each clerk had a side arm. Might be the easiest way to go if you can find a place like that near you.

[masraum]

There's 2 values, right (maybe 3)?
1) Retail price
2) wholesale (you selling to a dealer that will resale)
3) silver value (assuming they are silver)

1 and 2 are likely to be VERY different.

But what a coin shop can get for them for retail vs what you can get for them trying to sell yourself are probably also very different.

And then, of course, condition also makes a huge difference.

I would think the main factors affecting value are rarity (what coin, year, mint mark, etc...), condition, then possibly silver content (or gold).

There used to be books that you could buy that would give you avg values. I would expect some of that data to be available online, but probably not everything.

Maybe check out the big-A for "coin value guide".

[aschen]

Redbook is the commonly available value book. Usually pretty high

For the majority of silver US coinage, right now condition doesnt mean all that much. Not to say there arn't numismatics where it is a huge factor but a lot of inherited collections are mostly walking liberties, common date morgans, cleaned coins, mostly common silver stuff valued by weight/face value.

Not to say OP doesnt have a gem mint seated dollar or 1700s flowing hair but mostly unlikely. Post a few pics and we will give starting advice.

Anything gold will be worth a ton of course these days, but its even less likely to be above spot/weight. Its shocking what high quality US coinage you can get in mint state for near gold price these days. I bought an MS 64 graded double eagle from the 1800s (liberty head) for melt not that long ago.

[GH85Carrera]

Coins, like many antiques took a big hit in prices when the internet became mainstream. Ebay changed everything. Coins that were thought to be rare, flooded the market and the values dropped.

I have a lot of silver coins, from nickles, dimes, quarters, half dollars, and silver dollars. Unless it is in near uncirculated or actual uncirculated or proof, most all of them are just melt value.

Millions of people saved wheat pennies, and they are worth on cent each for the most part unless it is a 1909 S VDB or some other rare one.

I have several old Roman era coins. I figured they were super rare and maybe valuable. Nope, 20 to 40 bucks at best.

[unclebilly]

EBay?

[dad911]

As executor of my mom's estate, We had to sell my father's coins and split with my siblings. Which sucked, as the sentimental value to me was greater than their worth. He had obviously purchased proof sets in the years his grand-children were born, kids married, etc. All sold and the value split.

We ended up bringing them to 3 local dealers for appraisal, went with the best quote. Other than silver, basically all of the coins that were circulated went in a coin counter and we received face value.

He had a few chinese coins he picked up in the Navy, that I bought back from the dealer, and got a raft of sheet from my 2 sisters for that.

[porsche tech]

It’s like trading in your used car. Sell it yourself with all the attached hassle and make a little more or trade it in for less with a quicker and easier deal.

[masraum]

Originally Posted by dad911

As executor of my mom's estate, We had to sell my father's coins and split with my siblings. Which sucked, as the sentimental value to me was greater than their worth. He had obviously purchased proof sets in the years his grand-children were born, kids married, etc. All sold and the value split.

We ended up bringing them to 3 local dealers for appraisal, went with the best quote. Other than silver, basically all of the coins that were circulated went in a coin counter and we received face value.

He had a few chinese coins he picked up in the Navy, that I bought back from the dealer, and got a raft of sheet from my 2 sisters for that.

That sucks. I would have been very grumpy about that.

[Gogar]

My dad left a lot of preserved and graded coins behind. Fancy coins and Monster boxes.
The spread on coins is pretty brutal so IMO you just need to understand that and decide if you want to learn the whole thing and play games or just get the stuff out of your life and move on.

A previous Ms. Gogar had a ton of preserved and graded confederate bills and coins from her ex and it ended up being too much for her and for me and I think she just dumped it at the dealer for an enormous loss. I really loved looking at them for the time i was around them.

[DWBOX2000]

I don’t think I have anything worth a bunch, and I realize dealers need to make money. Thanks everyone for your help.
Funny, I loaded up on Larry Johnson cards back in the day (grand Ma ma). Probably worth a 1/10 of what o paid if lucky.
Thanks everyone

[wdfifteen]

When I sold my watch I just wanted to get rid of it. It didn't have any value to me. But like you, I wanted a fair price. I sold it to a local buyer and didn't look back. Did I get the best price? I don't know, but I'm not stressing over it.
I have some coins that have little market value, but I got them for the historical interest. A trime, no cents nickel - stuff like that. I can show them and tell a story, and I like that. I also have a collection of international paper money with images of cars, trucks, or tractors on them. Again - no value, but of interest to me. To my mind, if it has no personal value to you, then whatever cash you get out of it is a win.

[stevej37]

Just pour them in.