Old / Rare Coins and money

[Kevin Palmer]

I have 3 large boxes of coins. Gold, silver and rare dollars such as Silver Certificates and even have 10 500.00 dollar bills that are sequential to each other.



Thinking of letting them go as they are just sitting there.



I would estimate that I have about $2000.00 of face value.



MANY silver quarters and dollars.

Some full presidential collector sets.



All but a few of every Lincoln Penny including the war pennies.



3 paper quarters. etc etc...



Just wondering your thoughts and they best way to market the items.



Thanks in advance...

 

[Todd Z]

The people I know get the books and use online resources....



IF you want to "unload" the items you can use ebay, BUT having a collector certify the items quality and grade is the best thing and then you can sell them any ware.



I have just gone from collectors checking what they thought, looked the items up on line and in books and sold them on line or if the collector was honest I would sell them to him..



Todd Z

 

[Rod Helstad]

Coastiejoe,



To bad we are seperated by so many miles, as I would be interested in what you have.



There is a lot of this stuff on ebay, and that way you get lots of exposure. If you would be interested in sending me a list, I may be able to help you get rid of it. You mentioned $2000 in face value, yet you also speak of the 10 500 dollar bills. Which number is in error? I have a guy in the office next to me that is a real nut for collecting and he could maybe give you better info.



Rod

 

[Kevin Palmer]

The $2000 figure is of the coins alone. And that is a close guess, if anything I would say the guess is low. The three boxes are 12 inches wide, 16 inches long, and 14 inches high. They are full to the point I can't fold the flaps all the way down..

 

[Roger Batts]

Man, Coastie, my dad would be all over that if you were near Shreveport! He is a total nutcase when it comes to old money! He even has a "saddle blanket" Hawaii $20 bill from WWII.

 

[Paul McDevitt]

I know how you can get them appraised for free, and sell them for 1/2 what their worth. Have you seen the TV "Pawn Stars"? ;-)

 

[Kevin Palmer]

PMcD... Yes, I have seen Pawn Stars...



And, I do like the show. I find it interesting to see what comes through the doors..

 

[Kevin Palmer]

Ok, opened one of the boxes up.



Here are some of the coins



Liberty collection (nickel, half-dollar, and quarter). Several sets.

Eisenhower uncirculated Silver Dollar with certificate.

Lincoln Head penny set, 1909 to 1940 missing 8 of them.

Lincoln Head penny set, 1941 to 1973 missing 9 of them. But have all the war pennies.

1989 Prestige Set. Dollar coin, quarter, penny, dime, nickel, Bicentennial half and presidential half dollar. In a folding book with glass on front and back.

2000 Mint Proof Set.

1977 Proof Mint Set.

86-96 Liberty Set (Statue of liberty and Ellis Island) Mint set.

eighty-three peace dollar, early 900's era.

forty-one American Eagle 1991 Silver Dollars in separate cases.

one-hundred-forty-two silver dollars dated 1871 to 1887

Three 1892 Columbian Half Dollar (US Coin, Chicago Exposition event)

A sleeve of 50 1883 quarters.

MANY 1800's era nickels including Buffalo Heads. Something like 150 to 200 of them.

31 pounds of wheat pennies.

eighty-seven silver dimes.

sixty-one 1964 quarters (partial silvers)

Full set (50) in a frame of State pennies. The state is stamped into the penny

twenty-eight Astronaut / NASA type coins.

Ninety-two Silver Certificates of the single, two-dollar and five-dollar version.

Seven $5 dollar Desert Storm coins.

Six $5 dollar Space Shuttle coins.

eleven bars of silver. .999 pure 20 grams each

one bars of silver. .999 pure grams each



And 38 pounds of coins still in baggies to go through.



This is one box, the others are basically the same type of items plus the ten $500 dollar bills..



Not sure what I am going to do just yet, but think it is as good as time as any to move them.

 

[Mark K 2]

I've been a coin and currency collector for over 40 years.



The $500 bills in sequential order are worth at least several thousand dollars each just because they're $500 bills. If they're sequential serial numbered, multiply that by another several thousand dollars. DO NOT separate them; sell them as a set. I'd sell them through a reputable currency auction house. You might have $150,000 worth the $500 bills.

 

[Bill Barber]

You have over a half a million worth of goods, keep us posted, would not post the info on the net tho.

 

[Kevin Palmer]

The five hundred dollars bills are part of a anniversary present my grandfather gave to my grandmother.



They were more than wealthy. On their 50th wedding anniversary he got his banker to find, as even back then they had stopped printing them, fifty $500 dollar bills and put them in a photo album and told grandma to go buy whatever she wanted to buy.



So, she gave my parents her Cadillac, took the one they had given her the year before and traded it in on a new Caddy for herself.



However, she never spent the money. We found it in the attic after they had both passed and split it up between us three kids and our parents...



I had a watch dealer that deals with coins offer me $23,000 for the $500 dollar bills about four years ago. I took a Rolex in that I had gotten as a gift in for repair and we got into a "rare thing" kind of conversation.



I do not know if they still have theirs, but knowing them, I doubt it.



I still have the 500 shares of Bank One stock (Now JP Morgan) that she gave me.



Looking to cash some of things to kill my bills though. At least I think that is the path I will take.

 

[Mark K 2]

I had a watch dealer that deals with coins offer me $23,000 for the $500 dollar bills about four years ago

That's WAY too low. I assume those $500 bills are crisp uncirculated. They're worth at least $5000 each. The fact that they're sequential is what makes them worth many, many times more than that. Trust me. I've seen a pack of 100 $5 bills from 1953 go for $50,000.

 

[Kevin Palmer]

All 50 are sequential. They were banded, but gramps took them out of the bands to put them in the photo album.



Now that I say that though, he did put the bands in the photo album also. I bet if I care to look for the album, I can find it. All of their stuff is in the basement of my moms condo.



Hmmm, now you have me thinking...

 

[Kevin Palmer]

Ok, just looked up some of the prices for the Morgan Dollars and the Standing and Walking Liberty coins...



WOW... I was sticker shocked to be honest.



Guess I need to insure these and then take them someone to get them rated.

 

[Mark K 2]

I think you have a gold mine and don't even know it.

 

[Kevin Palmer]

I doubt I have a gold mine, but after looking up some of the generic prices, I have to admit I was shocked.



I have two zip-lock bags of 1964 quarters I assumed were worth very little, even those are considerably higher than I had anticipated.



This could get interesting...

 

[Les]

Damn Coastie, you're RICH...Enjoy

 

[Bill Barber]

the Quarters are worth 10 times face value, just for the silver content at todays spot price.

 

[Kevin Palmer]

Bill,



I would tend to agree based on what I have seen over the last couple of days. Looks like lots of 20 or so are bringing decent money on eBay.



May just sell them that way. Quick cash...

 

[Bill Barber]

With the spot price of silver hovering around 17/OZ, weed out anything collectable in pre 64 silver coins and sell the rest. Unless you think the price will go higher. is always a gamble.

Don't make the mistake I did back in the late 70s.

Metal prices were going off the wall, as I recall, silver hit 38/OZ, gold a little over 400.

I bought a 1000 OZ of silver (two 500OZ bars, .999 pure) spray painted them flat black and used them for door stops in the house. paid 16/oz.

When silver hit 38 the wife wanted to sell, I, being a member of the buy high, sell low club

said no way, will only continue to go up.

The market fizzeld overnight and metal prices went into the toilet.

Needed to raise some cash bigtime in the mid 90s, had to sell the silver, got $5.75 per OZ:wacko:

If I were you,JMO, would sell off the generic stuff ASAP (but you can always wait and see)

pay for an expert appraisal (never sell to the appraiser)

Your 500 bills are worth far more than 500 EA., keep us posted, good luck.