would value pawn and jewelry buy stamp and coin collections?
my grandma has recently died and she left me with her stamp and coin collection. i was wondering if value pawn and jewelry would buy that sort of thing? how much would they pay for it? i’m thinking of starting off at and ideally reaching maybe like for it all (not sure that there’s anything much of value in there).
Chosen Answer:
They will buy it. They are mostly interested in the coins made with silver. Dimes and quarters and half dollars made in 1964 or earlier. The going rate for those coins is cash paid for every face value you own. The pawn shop pays for every . You can do better by going to a coin shop that buys silver coins.
The stamp collection has no value. Stamps have been a disappointment as an investment.
The jewelry has a little value.
by: Ed Atun
on: 14th May 11
You must go to three places and get three written estimates.
Tell each shop you are shopping around for the place that will give you the highest offer.
If you go to just one – they will read it in your eyes.
They will give you nothing for your property
They will buy it. They are mostly interested in the coins made with silver. Dimes and quarters and half dollars made in 1964 or earlier. The going rate for those coins is $22 cash paid for every $1 face value you own. The pawn shop pays $15 for every $1. You can do better by going to a coin shop that buys silver coins.
The stamp collection has no value. Stamps have been a disappointment as an investment.
The jewelry has a little value.
You can sell the stamps on Ebay. I wouldn’t say that they have no value, but they are not good investments and ppl who bought stamps in years past have lost $. The condition of the stamps is VERY important and do not handle them with bare fingers. Damaged stamps (even small creases) have little or no resale value. Get a pair of stamp tongs (not drug store tweezers which can damage em) from Ebay. I got some new German ones for a low price. Pawn shops wouldn’t know much about stamps & you could get more $ on Ebay. The valuable ones would be bid on by buyers even with a low start. Hard to say how much money it’s worth. Some ppl have $1M collections. Most do not.
Same goes for coins. Ebay is nice because you won’t get gypped by a dealer who sees that you don’t know much (nothing wrong with that– I don’t know much about many kinds of collectibles). Many of the pawn shops don’t know much about numismatic value (collector’s value) of the coins, just the precious metal content.
You can also sell jewelry on Ebay. Some ppl do sell gold jewelry to pawn shops but the value is based on the gold or silver content (often not much), not on the style of the jewelry.