We again want to thank you for choosing to work with the experts at Co

Dear Mr. and Mrs. Brown:

We again want to thank you for choosing to work with the experts at Coin and Gem to settle your mother’s estate. After careful review of the coin collection in question, we found a total of 187 coins. Each coin has been appraised, packaged, and marked according to its grade.

Each coin was ranked on a scale of 1 to 70 according to the Sheldon Scale of coin grading. We estimate the total value of the collection to be about $27,000. Most of the value resides in a few very rare American coins, which are in mint condition.

We would be happy to further assist you in deciding how to handle this aspect of your mother’s estate. Please contact us with any questions or concerns you may have.

Attached is a detailed appraisal that inventories each coin, its condition, and its value.

Sincerely yours,
Charles Barker, Owner and Appraisal Expert
Coin and Gem

Dear Mr. and Mrs. Brown:

We highly recommend that the Extremely Fine and Mint pieces valued more than $350.00 each be sold at auction, with a reserve price that falls only slightly below their appraised value. Collectors will pay dearly for rare pieces in mint condition, especially if they will complete a collection.

The remaining pieces of high value, 80 coins valued at $100.00 to $300.00 each, should be handled by a broker and sold individually. We would be more than willing to handle the sale of these pieces, at a commission of 2.7%.

Finally, I recommend that the coins you have many of—like the wheat penny, which have a relatively low sale value—be sold off in lots. You will receive more for these coins from a prospector who wants to look through the lot for a specific coin of value than you would by selling them individually.

Let us know of any way we can assist you in this matter.

Sincerely,
Charles Barker, Owner and Appraisal Expert
Coin and Gem