I have 100's of coins and no idea where to start

[Guest Posh_law]

Hi Everyone

I have just registered on this site and have had a quick look through but have realised I need serious advice and help.

My Grandad has recently given me a huge bag of coins half pennys, pennys, half crowns, two shillings, 3 pences, just all sorts, ranging from 1867- 1967 in dates and in all sorta of different conditions, that he has had stashed in his house since the new decimal took over.

I am really looking to sell them on and I need to know where is best to do that and should I sell them together, or coin by coin??? I dont have any idea what they are worth or how to go about getting that information.

I just do not have a clue, and I dont seem to be able to make any more headway.

Any advice anyone could give me would be seriously appreciated

Thanx

Clare

[Chris Perkins 228]

With this kind of accumulation the bulk of the value is usually in the silver. What you could do is split the silver coins into 3 catagories: 1. Pre 1920 coins, 2. 1920 to 1946 coins and 3. 1947 and later.

From that I can make an offer based on the silver content.

The chances are that the bronze coins, if normally circulated (as most would have been in the 60s) will just be worth a few pee each. In fact, unless your granddad carefully selected high grade coins they may all just be worth a few pee each!

Is it a postable quantity and where are you?

[Guest Posh_law]

Hi

Thanks for the quick response, the story is that he felt that when the currency changed the old currency might be worth a bit of money so went to the bank and changed notes for coins. He then selected the best quality coins and took the rest back to the bank to exchange.

After looking at the gradings on this sight and the guidelines most of the coins are in very fine to very fine condition, with only a few of the Victorian coins being more worn, although the hairlines, dates and information on the coin is still very visible.

There is so many i'm not sure how postable they would be, I live on the Wirral in the North West, but I literally have a huge bag full of all sorts of different coins, the half crowns and pennys especially are in fantastic condition, with some of the pennys looking completely brand new.

I've been doing a bit of research and some of the coins I have look to be within the £50 pound as some on the information I have are considered to be rare. These coins have been sat under the kitchen counter since 1967 completely untouched, and are so heavy altogether in weight I can't even lift them.

Thanks again for the advice about how to separate them and your quick response, hopefully this new information will help you get an even better idea of what I have.

Thanks again

Clare

[Chris Perkins 228]

Lots of people gathered some coins in the 60s and naturally a few thought about just keeping the best ones. Usually though, the best ones from change are not always that great in the eye of a collector, especially after such a long time in circulation.

I expect some of the 30s coins are VF or even EF. The 60s ones will be as new (and are very common). The 1920s coins may well manage Fine and the Edwardian and later Victorian will be all readable and not unattractive, but usually less than Fine. All that is quite normal.

I would be very surprised if any are worth £50 each, but you never know. Can you post some pictures of what you think are the best ones? You can do it on here by using the Attachments/Select a File below the text box.

I always seem to come across a bit negative when accumulations of coins like this are concerned. Or perhaps not negative, but not exactly overwhelmed with excitement! I'm sorry about that, it's nothing personal it's just statistics! Over the years hundreds of people have contacted me after saving some coins when the old money was about to be demonetized. Often it's the people themselves but mostly it's younger relatives or heirs. In over 95% of cases the coins are all simply run of the mill and are of extremely high sentimental value and very low monetary value. Each time I hope it will be different, but there's a little voice in my head that tells me it's probably the same again. So melancholic already and I'm not yet even 30!