I inherited some blue books with coins in them...

Do they have value?

By David Gonzales - August 8, 2018

The answer is maybe...
There are many different levels of coin collecting.  People collect anything that looks interesting.  Perhaps they put those interesting coins in an old Folgers coffee can, or an old cigar box.  A person might advance in their interest in coins and buy some blue Whitman coin books.  There are many differnt kinds of books, from pennies to silver dollars.  The whitman books help people understand mintage numbers and rarity.  I have written about the value of coins being based on overall rarity versus age, and the Whitman books often times show the mintage numbers.  An example of this is found in the Wheat penny Whitman book.  If you look at the 1909S VDB, you will see a mintage number of 500k, which is a low number of coins compared to say the 1918 Philidelphia mint wheat penny which has a mintage number of 288 million.  Pretty easy to figure out which coin has more value.  The 1918 might have a value of 10 cents, whereas the 1909S VDB in circulated condion might be worth $500.  
Also, when a person discovers a key/rare date, they will begin to investigate the value, which will lead them to the question of what greade of the coin.  Anotherr value dtermining factor is the metal content of the coins in the book.  A Whitman book full of pre 65 half dollars could be worth several hundred dollar just in silver value.  Add in some key dates and your Whitman book could be worth thousands!

Who should I sell my coin to?

What are my choices

By David Gonzales - July 26, 2018

The coin industry has very much  evolved.  EBay has taken the place of the local shop, and has decreased the number attendees at local coin shows.  People interested in buying and selling coins don't have to go anywhere else other than their computer.  However, there are still some that don't like dealing with eBay.  Whether it is simply wanting to work with a local person/company, or they are not interested in going through the hassel and learning curve of setting up an account and dealing with prospective buyers of their coins. Simply put, it's a ton of work, and requires a ton of time.  Most of the people we work with are people who inherited coins, or found some coins and are not interested in an ongoing process of buying and selling.  Most of the people who sell us their coins are not going to be repeat customers.  There are exceptions to this, because some will liquidate their collection over time, or as they have a need.
What about craigslist?  The best way to get robbed is to advertise on craigslist that you have coins for sale.  Perhaps your smart enough to not invite a stranger to your home(which you should never do), so you decide to meet in a Walmart parking lot(which is another mistake).  Get robbed at home, or get robbed in a parking lot.  I don't like either choice.
Coin/Pawn Shops?  There are good shops and bad.  Those with good reputations and those who are shady.  One thing is for sure in our digital world, you can't treat people poorly and expect other people to not find out about it.  When selling your rare coin collection or your old folgers can full of wheat pennies, chose a company that is rated with the BBB.  Work with a Company who is accredited.  Work with a company that has an impeccable online reputation.  And work with a company that is honest and professional.  
We provide a safe, professional, 1 on 1 coin selling experience that is second to none(Check out our Google reviews and see for yourself!)

Expectations When Selling Your Collection

By David Gonzales - July 9, 2018

Researching your coins prior to selling them is always a good idea.  If nothing else it provides a basis in which to discuss your coins with a coin expert.  Knowing the type of coin and having a general idea where it came from can be helpful information.  However, it can be a bit overwhelming when you go to the internet and attempt to get a value for your coin.  First off, what makes a coin valuable is the rarity, which is based on date, mint, and condition.  A coin can also be valuable base on the metal content, so if it's made of gold or silver it will have value as well.
When researching coins, people have a tenancy to find the most expensive coin that somewhat resembles their coin, and therefore set an unrealistic value for their coins.  Again research can be good, but it can also fool you into believing you have won the lottery with your newly found coin.  I get multiple calls per week with people explaining the the "internet" says their coin is worth thousands, and I get to be the bearer of bad news in telling them that they can't quit their day job!  Always good to get your coins checked out by a trustworthy company.

Proof and Mint sets

Do they have any value?

By David Gonzales - April 24, 2018

Proof and Mint sets are like any other coin in the sense that some are more rare than others.  One of the problems with the proof and mint sets, is they take up a lot of space.  The mint does a nice job of presentation, with nice boxes and protective plastic around the coins, but they are bulky.  People get caught up in wanting one for every year, and they get put on automatic reorders by the mint.  When they die, family members get big boxes full of mint and proof sets, and ultimately want to get rid of the coins.
As far as value goes, any set that is made with silver is going to be more valuable than a set that doesn't.  The early sets in the 1930's and 40's can be quite valuable.  As with any coin, it's good to get professional advise when trying to determine if you have something that might be rare.  Most of the common date non-silver sets are going to valued slightly above their face amount.  Part of the reason for this is supply and demand.  There is an abundance of those sets, and not a lot of people are buying proof and mint sets.

Selling Your Silver Dollars

Understanding How the Coins are valued

By David Gonzales - November 15, 2017

Silver Dollars come in many different varieties and date back to the late 1700's.  Silver dollars are highly collectable and range in their value from $15.00 to upward of hundreds of thousands of dollars based on the rarity of the coin.  When selling your silver dollars, it is important to work with a company that is going to educate you on what you have and pay a fair price for it.  The transactions be a win win for both the selling party and the buying party.  When choosing a company to deal with, make sure to thoroughly check the online ratings of that particular company.  A company that is not treating people fairly will be given negative reviews.  Although it is impossible to please every customer that walks through the doors of a business, you want to pay attention to the trends of the reviews.  If you consistently see threads of negative postings, you might want to consider working with a different company.
There are may collectors that specialize in collecting Silver Dollars.  I believe that we are simply caretakers of coins for a period of time.  We make sure that the coins we purchase, are put into the care of collectors that have an appreciation for the coin as well as its history.