1:01 AM PST, 9/1/2007
We’ve all read “Letters to the Editor” in coin publications from collectors bragging about unbelievable bargains found at estate sales and garage sales. Will you be the next person to discover a 1909-S VDB Lincoln cent in a shoebox full of “old coins”? Probably not, but what the heck…. many people enjoy the pursuit regardless of the outcome.
The main caveat here is that coins sold at these residential sales are about as likely to be overpriced as under priced. Don’t get suckered in when the sale host (who often knows very little about coins) marks his Good 1964-D dime at $4.00, and refuses to budge off this price because he is absolutely convinced since the dime is silver, he’s sitting on top of a great rarity. Ha! At any rate, estate and garage sales can be fun, and who knows, you might just get lucky!
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