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n23x

Stamps, Old Currency and CA$H

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Hey All,
Into my posession have come two big boxes full of stamps and older currency (non-US). They've been sitting in a dark, dry basement for years, and I was told to get rid of them, and enjoy any profit. The problem being, I know little if nothing about any of this stuff, but wouldn't mind turning it into skydiving cash. Any suggestions regarding cataloging these things for sale, and what might be good references to their worth?

If you help me make lots of money to skydive, I'll buy you lots of beer as soon as we meet! ;)

.jim
"Don't touch my fucking Easter eggs, I'll be back monday." ~JTFC

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Based on your profile, I assume you're in the Denver area.. Find a local shop that deals in rare/valuable coins. They should have books for sale that you can look up info on the currency. If the same store doesn't have books on stamps, find another store that specializes in stamps. You probably won't find a store specializing in stamps...look under Hobbies in the yellow pages. Check everything out via books or the internet for value, then take them into said shops and ask them to value them for you. Let them know you plan to sell them....to the shop if they give you a good offer. If the value you determine and the value the shop determine are very far apart, go elsewhere.

If you are able to determine value from books, put them on eBay.

Mike

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I would check eBay also in the collectible area. That will provide a handy guide too. Hope you find some hidden treasures. ;)
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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You should be able to find a local coin and stamp shop. They can even give you some idea on the value of them as well as the suggestion of books that they sell. Most foreign coins sell pretty cheap. Usually in a coin shop they will basically have a box of them and you can purchase a few for a buck. Some stamps can worth some money once again they should be able to help you.



*****Why would anyone jump from a perfectly good airplane? Because it isn't much fun if it's broke.****

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You should be able to find a local coin and stamp shop. They can even give you some idea on the value of them as well as the suggestion of books that they sell...

***
Always do your own research...using the books as
recommended.

Coin shops are in business to make a profit...
and often do so at to expense of the unaware
seller.
Another bit of advise, don't take a whole load of
stamps..coins..whatever...in all at one time.
Asking "what will you give me for this"

You will come out far ahead by researching what
you have...knowing the actual value of EACH piece
and selling accordingly.

An example is, I have a collection of very rare
3rd Recht (un circulated) German coins
that my dad liberated from a mint in WWII...

Research showed that one type,
of which I have several...
is worth between 4 & 500 dollars each.

From various coin shops I checked out, I was offered
between 5 & 20 dollars for a single coin...
Even after showing the shop owner the suggested
value from a book on his stores' shelf!

I doubt I'll ever part with them...
but I did trade one coin to a true collector for a
WWII vintage rifle, valued in the
500 dollar range...

Do your homework! ;)











~ If you choke a Smurf, what color does it turn? ~

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Another bit of advise, don't take a whole load of stamps..coins..whatever...in all at one time.
Asking "what will you give me for this"



Good point. If you bring in a bunch at a time they will probably not sort through them and give a ball park figure which will be on the low side very low side.

Of course you always be better at selling it directly to a collector, that is when doing your own research pays off, and it could well worth it to you. YOu can compared the difference of selling a car to a car dealer and you selling it on your own.

Good Luck



*****Why would anyone jump from a perfectly good airplane? Because it isn't much fun if it's broke.****

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