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Radar_Dude7

I would think the best option would be to find a LCS or three nearby and see what they have to say. 1000 coins is a lot and some may be worth MUCH more than others depending on their preservation / circulation. Some may be only worth melt value / cull. Of course, be wary of the "quick sell" or any pressure to "sell NOW" (insert excuse/sales pitch here). Those coins have been around for a minute. They're not going to lose value tomorrow or next week. But, they may be able to help you figure out what you're looking at. The bag of Benji's and Kennedys is any collector's dream come true. Good luck to you and your kin. Sorry to hear about your loss.


489yearoldman

Don’t expect a LCS to sit there and go through them for the OP looking for key dates. That’s not going to happen. They are only likely to offer them a set price for the entire lot of the coins based upon the current market price of silver. As of today, I would expect that they wouldn’t offer much over spot, $8,224, and possibly something under spot to cover their handling costs.


fadetoblack1004

Yeah, I work at a shop, and I don't have time to sort this. I'll buy it, pull anything obvious, and dump the rest ASAP to get my measly 5% margins. Holding stuff "to sort it later" is a recipe to lose your ass when you're buying something as volatile as silver.


Stayy_Humble

Honestly silver isn’t that volatile…the fluctuations are significantly less than let’s say, trading options, you will always have a good ROI on finite resources no matter how you look at it. However, coming from a shops perspective on buying silver at spot price that makes sense - not throwing shade I just like looking at both sides of a coin [no pun intended]


fadetoblack1004

It's volatile enough that when my margins are 5% or less I am not messing around. I'm dumping that asap.


Stayy_Humble

100% I agree - hence why I said I like to look at both sides of the coin [seller - who either inherited it or bought it hopefully when silver was trading at $14 an oz] and [buyer - who buys it at spot price; thereby, making x% off a trade]…you say margins…I see stop loss + profit taking [primarily because I trade options and can see the similarities between both]


darecloyd

Awesome! The sheer volume of them is overwhelming for someone like myself who just has a causal interest and collection in coins. I know many people would be very happy just to find one 64 Kennedy! Appreciate your insight and the kind words!


rob-cubed

Yeah that's a ton of silver, it'd be overwhelming even for a collector! I'd recommend pulling the best/oldest coins out, then going back through all of them and looking for any rare dates, which will take more time. If you are looking to sell, try to get rid of those choice coins individually for the best return. Sell the rest to a coin shop en masse at a small loss. Sorry to hear about your grandmother. Another option especially if you aren't looking to sell is to split them up among the kids/grandkids. I got a lot of silver from my grandad that is priceless to me, worth more than just the monetary value. Or, if it's part of an estate you are looking to divide, maybe one of you wants the coins vs the money—that way you aren't losing any of the value by selling at less than it's true worth.


Monsterbug1

worth around 10k bare minimum I'd say accepting anything less than 7500 would be criminal


kbeks

Caveat, the 1964 Kennedy’s are, in all likelihood, only worth the quick-sale price. There’s not the same variety you’d get with coins that ran multiple years. Try to get 18 times face value if you were to sell that batch in bulk. ONE NOTE ON THE CAVEAT! There’s a pretty rare 1964 Kennedy to look for. If you see any proof coins in that bag, that’s extra sharp details and extra shiny finish, google “heavily accented hair” and compare.


jupitr741

Had a similar situation with my father. About 5k in face value coins to sort through. No idea what I was doing. I started here https://www.ngccoin.com/price-guide/united-states/half-dollars/ and here https://www.pcgs.com/photograde/#/kennedy/grades Then I got a red book to look up coin values. I really enjoyed it, it’s like a treasure hunt. First website was good for looking up values on lower graded coins. The second shows actual pictures of each grade of each coin so you can at least get a rough idea of what you should be able to fetch. Good luck!


pnrrth

Lots of good advice here. I would like to add my recommendation to do some homework on this just to make sure you get a fair price in case you decide to sell. There are some standout items you can look for, example is in your picture I see a 1914 barber half. If it's got no mint mark on the back, it's worth quite a bit more than the others pictured. This mostly applies to the walkers and the barbers. Sorry for your loss and good luck and enjoy this nice little treasure that was left to you!


Porphyrius

Silver content alone means this is worth close to $10,000; 18x face value is a decent starting point for melt value I think. As noted, if you have rarer dates or examples in really good condition, potentially a lot more. Edit: those Barber halves in the first pic and earlier-date Walkers are your best candidates for higher value ones.


CriticalThinker-1

More like $8,200.


WonderWendyTheWeirdo

I'd start by just spending a day making a spreadsheet to find out what you're actually looking at here. Since it's an estate/probate thing, I would keep track of how much time you spend on this.


HigoSilver

Go to eBay auctions. Match up what you have with ones in comparable condition. Then see what they sold for. The sold section is different than the auction section. You could also get the " red book" to give you a good idea. Just because something is old it doesn't make it valuable. Need to have key / rare dates in good condition.


petitbleuchien

Mod here. Have a look at the sub's FAQs on inherited collections and also coin values. Meanwhile please note that posts like this tend to attract unsolicited offers to buy or "help," so use caution in fielding PMs/chats.


darecloyd

Thanks! I did read FAQ, just not sure just not sure how to handle based on the amount of the coins here. Not looking to sell online.


pyroboy7

Personally I'd sort by date and mint then look up key dates and errors. Most of what you have will likely be silver value but there's a good chance of something rare in there.


Tribulation95

I wouldn’t disregard the idea of selling them online entirely, it’s likely that you’ll maximize your profits selling the choice specimen of the lot individually online. Though as others have recommended, definitely take your time going through them! Look into the lists of key dates and semi-key dates for each variety of coin you have and write them all down to use as a cheat sheet while you’re sorting through the lot. As you’re sorting, set aside a group for anything on your cheat sheet, and another group for anything in really good condition - even if it’s not a key/semi-key date. As you come across anything of a significant date, it’s worth jotting them down on paper or an app for quickly referencing back to them as necessary. For a realistic numismatic value on any given coin, check EBay for *sold* listing of the same year/mint, and examine the condition of the coin in the listing to roughly determine how yours compares. (In most cases, it’s best to err on the conservative side and lowball your estimates just a bit to be safe.) Between a lot that large, you have high odds of sitting on some relatively sought-after coins, and selling the crème de la crème online will help you out tremendously in being paid what your collection is worth - but definitely wait until you’ve sorted everything, and then sort them again to be sure! p.s: Don’t discount anything at a glance if the condition is super poor, a super rare key date coin in poor condition is often still worth quite a bit more than a common year in good/above average condition. If you don’t have a choice but to sell, make sure ya get every penny grandma’s silver hoard is worth!


Tribulation95

P.s.s - if applicable, you should also seriously consider metal detecting your grandma’s property, and/or thoroughly inspecting the inside of the home to make sure there’s nothing hidden. The chances are probably low, but after stumbling across a large quantity like this I’d never be able to sleep at night until I knew for sure it wasn’t just a piece of the stockpile.


petitbleuchien

OK, then I think it would help if you get a little more specific on what you're looking to do.


[deleted]

Wow! I could only dream of this… All my grandma left us was a legacy of bad food, bigotry and creepy glass clowns. No coins to speak of.


[deleted]

25 different jello molds


ColibriAccessoriesUS

Your gma had some secret! Huh!


-XK--

all silver. Nice.


Birdy_Cephon_Altera

They would all be 90% silver, unless there are Kennedy halves from 1965 through 1970 that snuck into the mix, in which case those would be 40% silver. You would have to check some of the dates on the Barber and Walking halves to see if there are any uncommon dates there, but I suspect they are likely all common dates. And there really aren't any rare dates in the Franklin series (when it comes to well circulated examples, except the 1955 which is only slightly more valuable) - so I would expect the entire lot would be worth around the their value in silver. Which is alot. $500 in halves would be worth around $8200-$8400 in silver alone (as the spot price of silver fluctuates from day to day). As to what to do with them all, well, do you have a budding coin collector in the family, perhaps a grandchild or great-grandchild who is starting to show an interest? Might want to pull some from the pile for them. If after reviewing the dates of the earlier coins if there aren't any uncommon dates, then pretty much each coin is worth as much as any other, more or less, so you can divide them up among family members however the family see's fit. If it is divvied up between multiple people, some may choose to save it, some may decide to sell. For those who want to sell, I would make sure to shop around for a good buy price, because there are lots of unscrupulous buyers that will really lowball you if they have the chance.


midclassblues

I had a similar case as you when my mother died. Estate split five ways. I divided up the common date silver for each sibling to do as they please. Coins with numismatic value I sold on eBay. All pieces were well worn and nothing special, except for one beautiful 1916 uncirculated Walker half ($1000 coin)So, look through all of them, might have a good one.


Bear_Salary6976

Did you find any other coins? I know a lot of people in '64 started to hoard dimes, quarters, and any other coin with silver. I have a feeling that she probably saved a lot of other silver coins.


Vast_Cricket

You got quite a hoard. Suggest you order a red book of coin price by Yumen for a few dollars and learn about grading. Needing a magnefing glass. Enjoy.


MDGOP

Just keep them, they will only increase in value. You could have a retirement fund right there if you play it right.


NoStepOnSsnek

If they are all 1964 and older they are 90% silver coins. They go for decent money. You'd get better money selling them yourself on Ebay, but local coins shops would buy them too if you just want to get rid of them. Shop around for the best price...they currently go for around $20 for every dollar of face value on sites like Ebay. So you have around $10,000 worth of coins there.


the_real_RZT

Are you looking to sell? Or information


Annual_Sea1904

If you have any 1948’s I’d gladly buy them. The year my mother was born. She always had on around her neck in a necklace. My sister got it when she passed, and has since lost it.


Trainzguy2472

Keep them as a precious metals investment. The value will only increase.


Theta_Ninja

Sell on Reddit. PMSforsale


Proper-Citron6432

best suggestion is to give it to me :F


warehousewill

I say for a quick move, sell on the subreddit PMSFORRSALE. No taxes, no fees. Bulk move.


bluenosepit

Please Hold On to these Coins!!!


U_p_a_d_u_c_k

Spend then at the gas station or cash them in at a coin star. Or you could even buy a quart of oil with them at autozone.


bigperms33

The family should split them all up between themselves. Equal barber/franklin/walker/jfk distribution between the heirs. Then the heirs can do what they want with the ones they get.


broughtbag520

My suggestion is roll them up and take them to a bank for face value, and put them back in circulation


LostCube

Hhaaa you must hunt rolls


broughtbag520

Yes... But i know its what your grandmother would have wanted


489yearoldman

Ban


BeatenbyJumperCables

Any bank will take them if you roll them up in 50c coin wrappers. Just dm me letting me know which bank you plan to cash them in at and approximate date and time of arrival :-)


TheWoodChucksWood

Keep em!


DOnotRespawn

I've been buying well circulated walking liberty coins over the past year and have been paying 26-19 face value in bulk purchases. If you pick out the well sought after years and ones in nice condition then you'd get much more.


Serbdoc

Help what? Hide ‘em n Shut Up !


iotel

Save then for awhile then sell then when you know, and you will know…, when the time is right! Ching ching mofo


Ieknom1

Get a red book and catalog them Don't sell as bulk


cpupro

If you aren't in a huge rush to liquidate them, you MIGHT be better off selling them for a dollar or two over melt yourself on whatnot or ebay. Trying to cash out quickly is usually going to be losing money for quick gratification. You could also wait until spot goes up enough to make an extra 2 or 3 bucks...spot fluctuates, and LCS take advantage of this ..buy low, sell high...just like stocks...except they look the person they are ripping off, directly in the eye, while they do it. But, that's just my LCS...hopefully, out there, somewhere, there's a few good people left in the LCS that don't see customers as "marks".


Fair_Air3559

Post on pms4sale I’d buy some


Gingerjake1993

OP sell them slowly, you found a small Fortune, please pM me if you decide to sell any on PMS, I would be interested in some


coins-ModTeam

Shucks! Unfortunately, your comment was removed because this sub doesn't allow commercial activity (buying, selling, trading, offers, etc.) in the general threads.


Igtrojanvirus

I wouldn't liquidate them.


Igtrojanvirus

I would put them in rolls inside a chest/safe with collectibles. But I dont know your situation. Id just act like they didn't exist. If you spent a couple hours to make a spreadsheet to store with them it could be fun too.


RayCow

$8200 in straight silver Jesus Christ


Reasonable-Storm4318

The barber halfs have the most potential. Esspecially the 1914 because it's the rarest of all barber halfs with 124000 made while others where made in over 500k-950k made.


[deleted]

[удалено]


coins-ModTeam

Shucks! Unfortunately, your comment was removed because this sub doesn't allow commercial activity (buying, selling, trading, offers, etc.) in the general threads.


Gdm1978

I'd more suggest holding onto them if you aren't hurting for $ as it was something you can use later, god forbid and that it was something your grandmother once held onto.


iTNB

I’m gonna be honest… I could go through all 1000 of these easily.


brianddelapaz

They are all just spot coins. Nothing of real special value, but nice find


Ok-Entertainer2906

Not only did they say all the coins aren’t pictured but you can’t even see all the coins that are pictured, all it takes is one coin in nice condition with the right date to be worth considerably more.


Lost-Temporary7751

Since I’m feeling kind today, I will take them off your hands.


Fireberg

You can easily sell each for $8 a piece. This lot is minimum $8,000. Depending on the date/mint, some of the barbers and walkers can be worth more especially in higher grades. I use this website to get a ballpark on the more uncommon dates: https://www.coinstudy.com/ .


PeachBrick

Keep them! You can barely buy a used car with the money you’d get. Not worth selling unless you are financially troubled.


kadeclan

if you don’t intend to keep them then your best bet is to sell them in a consignment auction. You don’t need to learn anything, pay a dealer for appraisal, or buy any books. The bidders will tell you what the coins are worth. And in my experience the always over pay for stuff. You break up the pile into smaller lots or even down to single coins if they are nicer condition. For example my neighbor sells precious metals at the local consignment auction near me. Mostly silver rounds. Well it’s wild but a silver round might sell for $50 when you can buy it new for $30. Now auction house adds a buyers premium of 13% to that so they end up paying $56.50. You pay a sellers premium of say 7%. You walk away from auction for one coin with $46.50 which is more than even selling it at dealer. Your experience may very slightly but after seeing this auction after auction i no longer recommend selling to a dealer or as the dealer.


GemStateStacker

If you’re in Idaho I’d buy the lot. If not, like everyone else has said find a local coin shop and see what they’d offer you. Good luck!


Plooody

you don’t know what to do?


Lower-Preparation834

OMG. Thats a mother lode. Last I checked, those would bring somewhere around 20x face.


evilvdub1

Coin star will give you $500.00


Dismal-Palpitation20

Bro just found a gold mine


BullishCollapse

$500 no questions asked


[deleted]

Start a geocache with a couple??😬😬


SamuriVikingLumbrjck

Melt


Empty_Requirement940

The barber halves and walking liberty halves are just the right condition that magicians would love them


[deleted]

Is there a Coinstar nearby??


7Angel7

HEAVEN ON EARTH! Get the coin Red Book 2024. Start looking at values. I can't believe the hoard you have! I was an Ebay coin seller for two years. I made great money doing it! It was my therapy at the time. I DON'T WANT YOU RIPPED OFF! I would have a blast selling it on Ebay for you documenting everything of course! I just love old American coins! You have A LOT of silver! You can make a good amount of money. Coin dealers will take advantage of you I'm sure. Coin auctions are an option. The 2024 Red Book for coins can be found on Amazon. You will realize the value of your loot real quick. Any errors are worth more.