Value For Your Collection
THE DUSTY COIN, LLC
404-263-2967
TALES FROM THE TRAIL
Here are stories of my real-life experiences in trying to help
people get the best value for their coin and precious metal
collectibles.
• A young couple in Dunwoody, Georgia had
inherited an extensive Morgan Silver Dollar
collection from their parents. While evaluating
the coins, I came across the very elusive 1893-S
which is one of the key dates for the entire
series. That coin alone, one of sixty-two in their
collection, is worth in excess of $11,000.
• A widow in the Emory area of Atlanta wanted to sell her
husband’s coin collection to help pay for a new roof. Her
husband had been a traveling salesman for 30 years and had a
lifelong love for coin collecting. Buried in his mass of coins
were five rare 1909-SVDB Lincoln pennies in uncirculated
condition. Those 5 coins along added over $15,000 to fund her
new roof.
• Two elderly sisters decided to sell their great grandfather’s
gold coins. They were unaware that they had inherited a rare
set of late 1800 US gold coins in the original packaging from
the US Mint. They were looking to sell the coins for $35,000.
To their surprise, we were able to make them an offer that far
exceeded their wildest dreams.
•
An
accountant
had
been
a
coin
collector
for
over
thirty
years.
Due
to
health
issues
he
made
the
decision
to
sell
his
collection.
There
were
21
boxes
throughout
his
house
filled
with
silver
US
coins,
silver
rounds,
silver
bars,
and
silver
flatware.
Unfortunately,
he
had
been
purchasing
a
lot
of
his
silver
on
the
internet,
paying
extremely
high
premiums.
When
he
decided
to
sell,
silver
prices
had
fallen.
While
his
profits
were
not
what
he
expected,
we
were
able
to
help
liquidate
his
entire
collection
at
a
price
that
let
him
realize
a profit.
• Not all ‘tales’ have a happy ending. I received a call from a
lady in Smyrna, Georgia who wanted to sell her Dad’s coin
collection. The COVID issues had put her under some financial
stress, so I was happy to help. To both our dismay, her Dad’s
collection consisted of several boxes of foreign coins that he
had accumulated while in the Armed Services. I sadly had to
inform her that there was little value in her Dad’s collection.
• I received a call on a Sunday morning from a middle-aged
gentleman in Tennessee. He informed me that he had been a
silver hoarder for over 20 years and had made a life changing
decision (his words) to liquidate his holdings. As the
conversation progressed, he informed me that he had
accumulated over three hundred pounds of silver which was
currently hidden in various areas of his home. Three days
later, I drove to Tennessee and met with him. It took over 9
hours to review and evaluate his holdings. Money was wired
into his account that day and the transaction came to a happy
conclusion.
• And one of the most unusual events in our company’s history
occurred when I was asked to consult with a 90-year old
woman in Maryland whose husband had been saving large
bags of silver coins for many years. He felt the safest place to
hide his wealth was to bury it in his back yard. To this day,
several years after his passing, thousands of dollars of silver
coins still reside, in decaying cloth bags, in her back yard.
• I received a call from a lady explaining that her three
daughters had expressed no interest in her sterling silver
flatware, which she wanted to sell so her daughters would not
have to deal with it. While evaluating her place settings, I
noticed a box full of bowls and platters sitting in the corner.
The lady explained that that box was going to Good Will and
was full of silver-plated pieces that she had accumulated. One
heavily tarnished bowl on the top of the pile caught my eye
because of the unusually scrolling on its edges. Upon closer
examination, the bowl was so severely tarnished that no
markings could be recognized on the bottom of the bowl. I
convinced her to allow me to clean the piece. To remove the
tarnish, we submerged the bowl in a bucket of boiling water
laced with tin foil, baking soda, and salt. Much to her surprise,
I was able to identify this as a beautiful example of a late
1800's sterling silver Tiffany fruit bowl. As you might imagine,
this $800 bowl did not make its way to Good Will.