Help with large World Collection 0

[Star City Homer]

What a huge undertaking that has been!  A quick perusal, and just an FYI but under Japan you have 1932 5 sen listed twice.  One has a reasonable valuation ($7 for AU), but the other is $1350 for XF/AU.  JNDA would put that at 80-150 yen, could that have been meant to be 1.35? 150 yen is about $1.41 at the moment.

Looking at this I realize I had better start getting my collection/accumulation under better control.  That is a lot of work to leave someone, even if it is a labor of love.

[TetonJoe]

Hope you are all doing well. We have had so many great suggestions - thank you again.

We are going to move forward with a loose plan to focus on the higher value coins by getting approximately the top 100 coins professionally graded. Our thoughts are to send a small sample batch to NGC & talk to Great Collections as well. We would then continue on in batches moreso to have a comfort level than to turn over all 100 at once. 

After that, we would then do some economy version of slabbing for the coins remaining over $100. We have to educate ourselves on exactly what economy slabbing means. 

The rest would be divided by country and we'd come up with a plan to dispose of in lots, auction or some other method TBD. 

Does this sound like a good strategy? Apologies for being repetitive, but the collection is truly overwhelming. But historically so interesting at the same time!

 

[JKK]

If you have GC send those through to grading, if my experience was any guide, you'll get faster turnaround. I remember lower-hammering coins generating a higher auction fee, though.

[TetonJoe]

Ok thank you JKK. 

[jgenn]

The 80% concept works in the other direction too.  The least valuable 20% of the collection will be the hardest to sell for anything like what it cost to acquire.  Please consider just donating those to a coin club with young numismatists.

[TetonJoe]

Yes, that's a great suggestion!