- sell gold jewellery
- sell your gold
- gold to sell
I recently inherited my grandfathers collection of old paper money, old gold coins, silver coins,
as well as smaller amounts of platinum. As I lived with "papaw" he always told me some day it
would be mine bur as I was younger I never thought much about it because I never
thought my paps would ever pass. Now a little older, I know nothing about this collection that was
bestowed on me. Paps told me if I need to, trade it, sell it, save it. But he told me not to
place any sentimental value on it as it wouldn't add any value in the real world.
I can get to a value on the "bulk" gold and silver (spot). But there are over 110 paper notes
(money), and old coins( at least 5500) in which some are individually enclosed and some are loose.
I want to protect this for a rainy day or better yet for my future children. These items are in a
very safe cool place. My question is do I need to insure this? How do I come to the value of the paper monies and coins? While it may sound silly I don't have a lot of extra cash and don't think
I can afford a professional eval. I want to keep it intact.
I know no one can foretell the future value of precious metals but it this too risky for a novice?
Should I sell and put it in a safer vehicle? Can anyone help? I read some articles and have gotten
some far ranging results. For example, just to learn a little I called several dealers to see what
I could get for the 1416 morgan silvers I had. From the first lady I called I learned there are grades.
I also learned what the world cull meant and I know now that most of mine are not culls. But never
the less, I used cull 33 as a baseline. Most dealers I spoke with ranged from 7$ to $19, How in the
world can there be such a range? If they do that with cull wont they rip me off on my +61's?
Am I in over my head?
'
as well as smaller amounts of platinum. As I lived with "papaw" he always told me some day it
would be mine bur as I was younger I never thought much about it because I never
thought my paps would ever pass. Now a little older, I know nothing about this collection that was
bestowed on me. Paps told me if I need to, trade it, sell it, save it. But he told me not to
place any sentimental value on it as it wouldn't add any value in the real world.
I can get to a value on the "bulk" gold and silver (spot). But there are over 110 paper notes
(money), and old coins( at least 5500) in which some are individually enclosed and some are loose.
I want to protect this for a rainy day or better yet for my future children. These items are in a
very safe cool place. My question is do I need to insure this? How do I come to the value of the paper monies and coins? While it may sound silly I don't have a lot of extra cash and don't think
I can afford a professional eval. I want to keep it intact.
I know no one can foretell the future value of precious metals but it this too risky for a novice?
Should I sell and put it in a safer vehicle? Can anyone help? I read some articles and have gotten
some far ranging results. For example, just to learn a little I called several dealers to see what
I could get for the 1416 morgan silvers I had. From the first lady I called I learned there are grades.
I also learned what the world cull meant and I know now that most of mine are not culls. But never
the less, I used cull 33 as a baseline. Most dealers I spoke with ranged from 7$ to $19, How in the
world can there be such a range? If they do that with cull wont they rip me off on my +61's?
Am I in over my head?
'
Should I sell my gold & silver & platinum now?
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