@oyarde Do you mind answering a couple of coin related questions? I just got a bunch of coins for Christmas who belonged to my dead great uncle. I am going to liquidate them.
Should I expect anything above face value on common things like Kennedy half dollars, Eisenhower dollars, Susan B. Anthony dollars, Jefferson nickels, buffalo head nickels or wheat pennies?
If I go to a coin dealer with something like this https://www.coinstudy.com/1921-morgan-silver-dollar-value.html Should I expect the melt value or would a coin dealer offer me closer to the $25 list price. These have been in circulation.
Finally, I have this thing and something similar. It was used on a necklace so it has drill hole in the top, which Google says kills the value Do you have ballpark what a reasonable price I should accept would be? https://www.vcoins.com/en/stores/nu..._1888_london__gold_km767/1094367/Default.aspx
Your 1921 Morgan in Very Fine or Extra Fine should bring 24 to 24 1/2 which is about 4 over spot or spot in lesser condition. Your Sov with a hole is going to be about three percent under spot . Kennedy Halves 1965 to 1970 are 40 percent silver and will bring 2 1/2 ( under spot ) after 1970 face value unless there are any silver proofs in there. the sba and ike dollar business strike copper - nickel coins , face . Any ikes with an S mintmark need the edge checked to see if they are silver, those will be 40 percent but appear like a 90 percent on the edge. Jefferson nickels need checked for war nickels which bring under spot but still real money . The ww2 silver ones all have a big mintmark on top of the dome on the rev , rest are nickel and once circulated only the 1950 D worth much . Buffalo nickels with a full date from 1920 to 1937 you should be able to get 30 cents ea for . Within there are 1921 S , 1926 S and 1931 S which are worth some dollars . Other than that , pretty much all the 1913's and 1914's are worth something and any 1915 to 1919 with a mint mark. The Philly mint coins are higher mintage , more common and worth less. Circ whea cents around 2 to 3 cents ea . If you have any older than 1932 you'll need to check for dates worth something . Most of those are 1909 S , 1910 S , 1911 S , 1912 S , 1913 S , 1914 D , 1914 S , 1915 S,1922 D , 1924 D ,1926 S and 1931 S. There are a few others in early 20's with mintmarks but they need to be high condition . All dealers use a ( CDN) Grey Sheet which you can buy a current off e bay for 35 that gives a dealer wholesale price on those coins worth something . It isnt what they'll offer ( more likely around where they will try to sell ) but they should be within 20 or 30 percent . Hope that helps .
Thanks for the help. I rifled through and found nine pre 1970 Kennedy half dollars which I probably would have otherwise just thrown in the coin machine at the bank. The buffalo nickels all look to be 1929 and later though some have worn off dates. The Ikes looked like nothing special. I sorted through and filtered the Jefferson nickels and will look at the closer later.
My baseline assumption is to get roughly spot on the total. My reading is a lot of dealers go slightly under spot. Some of the coins are in plastic and in good shape and some are in terrible shape. There is a fair amount of random stuff that you would buy off of TV that is uncirculated like Ellis Island commemorative coins. My assumption is no one wants that stuff above the melt value but it is all in the original box and uncirculated.
I also found about a half dozen liberty half dollars. A few of them are in plastic and appear to be lightly circulated so hoping to get a few bucks more.
I think I found a place about 35 minutes away that advertising itself as the biggest gold and silver seller in the Midwest and will probably just use them over local people who have smaller operations, given that everything I know about coins I learned in the last 24 hours so I feel like they should be more reputable.
The Ellis Island dollars are 90 percent silver , the halves just copper nickel
there is also a continuation of this at liberty authors . I also will answer questions there .