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You may have some difficulty unloading them at those levels. Just a quick ebay/google check of a few of these don't support some of the valuations, but that's certainly closer to reality than the lowballs you saw at the onset.From the dealer who graded them. I told him up front that I was not interested in selling. I just wanted the coins graded, period. He told me the value of each coin after he finished grading them.Do these values seem high to you?
You're not going to give them to Mario Kart? Haw haw haw haw haw.Congrats! What a nice find. Really enjoyed this thread.I finally got off of my butt and had my gold coins graded! Here are the results:
$2 1/2 Gold Coin
1909 MS-64 $3000.00
1911 MS-63 $1100.00
1912 MS-60 $400.00
1912 MS-64 $1675.00
1913 MS-64 $2000.00
1915 MS-64 $1750.00
1925D MS-64 $950.00
1926 MS-63 $950.00
1927 AU-50 $325.00
1928 MS-63 $950.00
$5 Gold Coin
1880 MS-60 $525.00
1881 MS-63 $1100.00
1881S MS-63 $1100.00
1882 MS-63 $1100.00
1892 MS-63 $525.00
1894 MS-63 $1100.00
1897 MS-63 $1100.00
$10 Gold Coin
1897 AU-55 $875.00
1901S AU-55 $850.00
1906 MS-60 $525.00
1907 MS-63 $1500.00
$10 Indian Head Gold Coin
1910D AU-55 $875.00
I'm absolutely dumbfounded! This collection turned out to be worth twice as much as I estimated due to the excellent condition of these coins.
The grand total comes out to a very respectful $24,300.00! Cha-ching!!
With the silver included, this collection will total approximately $30.000.00.
I'm very excited. Not that I'm going to sell them or anything. Just sayin'.
Not a chance.
Probably. I'm guessing the dealer was giving me the price of what he'd sell them for, not what he'd buy them for. It's all good, though. These aren't going anywhere.You may have some difficulty unloading them at those levels. Just a quick ebay/google check of a few of these don't support some of the valuations, but that's certainly closer to reality than the lowballs you saw at the onset.From the dealer who graded them. I told him up front that I was not interested in selling. I just wanted the coins graded, period. He told me the value of each coin after he finished grading them.Do these values seem high to you?
Do what you want, but the valuations of metals and artifacts like this could fall fast if interest rates rise again.Probably. I'm guessing the dealer was giving me the price of what he'd sell them for, not what he'd buy them for. It's all good, though. These aren't going anywhere.You may have some difficulty unloading them at those levels. Just a quick ebay/google check of a few of these don't support some of the valuations, but that's certainly closer to reality than the lowballs you saw at the onset.From the dealer who graded them. I told him up front that I was not interested in selling. I just wanted the coins graded, period. He told me the value of each coin after he finished grading them.Do these values seem high to you?
I understand that. For me, this isn't about the money. Whatever happens will happen. I'm good with that.Do what you want, but the valuations of metals and artifacts like this could fall fast if interest rates rise again.Probably. I'm guessing the dealer was giving me the price of what he'd sell them for, not what he'd buy them for. It's all good, though. These aren't going anywhere.You may have some difficulty unloading them at those levels. Just a quick ebay/google check of a few of these don't support some of the valuations, but that's certainly closer to reality than the lowballs you saw at the onset.From the dealer who graded them. I told him up front that I was not interested in selling. I just wanted the coins graded, period. He told me the value of each coin after he finished grading them.Do these values seem high to you?
I'm not selling any of it. Like I stated a couple of pages back in this thread, I have an emotional attachment to these coins. If they were worth much, much more, I would think about selling some and pocketing some cash. As it stands, I am debt free except for my mortgage. I'm very financially sound and live within my means. The only thing I really covet right now is a Gibson Les Paul.
That's all good and I don't think anyone would tell you to sell unless your circumstances were different. The question is would having hard cash with your investment power of said cash behind it benefit you financially more than keeping the hard metal? Short term, to me, keeping the hard metal is the way to go but there is a point that the cash would be "better". Just talking investment philosophy here.
Those are all good questions and to tell you the truth, I have absolutely no idea. Gold has come down some in the last few months so I'm not sure what's in store for the future. Will it rise again to so some astronomical amount, or will it fall back down to four or five hundred dollars an ounce? Crap shoot, at best.
Why the huge emotional attachment? This is an awesome story, I had a great time reading all the pages, and your grandpa sounds cool...but...he didn't give the coins to you. It's not like he willed them to you. or entrusted you with their care in the event that he dies. He didn't tell anyone...you just got lucky enough to find them.
My grandfather was more like a father to me. You see, I lived with my grandparents until I was nine years old. He taught me how to ride a bike, how to wipe my butt and how to swim, to name a few things. Unless there's a catastrophic event that forces me to sell, I would like to pass these coins down to my kids and/or grand kids one of these days.
Yes. Exactly!Nice haulIf you don't desperately need the money, hold gold.Way too much economic stress out there right now for much else to be a better investment. Plus you got some cool coins with a history to them instead of some paper or numbers in an account.
Would you say the sentimental value is on par with bruce willis's character on Pulp Fiction? I'm assuming your grandpa didn't store these in *** as a POW.Still...you have a great story.
I missed this update the first time around.... very nice sir.I finally got off of my butt and had my gold coins graded! Here are the results:$2 1/2 Gold Coin1909 MS-64 $3000.00
Do not remember the exact grade, but it was in the high VF range, according to the a coin dealer, that I have grown to trust since I posted this thread years ago.After much reasearch, I wound up sending in several coins to a reputable grader. The jewels of that collection were both graded at MS-65. 1881 CC and 1885 CC Morgans. Retail is roughly $1K per coin.I missed this update the first time around.... very nice sir. What ever happened with the CC silver Morgan? Did you get that graded out?I finally got off of my butt and had my gold coins graded! Here are the results:
$2 1/2 Gold Coin
1909 MS-64 $3000.00
1911 MS-63 $1100.00
1912 MS-60 $400.00
1912 MS-64 $1675.00
1913 MS-64 $2000.00
1915 MS-64 $1750.00
1925D MS-64 $950.00
1926 MS-63 $950.00
1927 AU-50 $325.00
1928 MS-63 $950.00
$5 Gold Coin
1880 MS-60 $525.00
1881 MS-63 $1100.00
1881S MS-63 $1100.00
1882 MS-63 $1100.00
1892 MS-63 $525.00
1894 MS-63 $1100.00
1897 MS-63 $1100.00
$10 Gold Coin
1897 AU-55 $875.00
1901S AU-55 $850.00
1906 MS-60 $525.00
1907 MS-63 $1500.00
$10 Indian Head Gold Coin
1910D AU-55 $875.00
I'm absolutely dumbfounded! This collection turned out to be worth twice as much as I estimated due to the excellent condition of these coins.
The grand total comes out to a very respectful $24,300.00! Cha-ching!!
With the silver included, this collection will total approximately $30.000.00.
Exchange them for silver bars or Silver Eagles. That's a lot of nickels and a lot of space being used.
Yeah, I think that's the plan. Turn them into silver ingots. I'm not sure what commission I'm looking at but with silver prices down so much it's not as bad as it would have been a few years back on a gross level.
Do this, leave clues on the forum and start a FBG treasure hunt!
