Grandpa's rock collection

Masterblaster

Tenderfoot
May 16, 2022
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Hello to all,
I recently opened my grandpas rock collection he passed away over 20 years ago, and the news papper that his mineral collection was wrapped in was from 1972, I just started unwrapping them. I don't know what to do with these he has thousands of rocks minerals from all over the world. Is their away to get a value on the entire collection. I personally just not into them I'd like to see someone who will treasure them much more then me. Thank for any help is greatly appreciated. Here are just a few i haven't even scratched the surface. Best Regards,
 

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pepperj

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Even though your samples are bigger it seems that one can buy a 800 sample collection for $200 Canadian.
Screen Shot 2022-05-16 at 8.02.16 AM.png

Looking through online ads it seems to be the low and the high would be $4 for a single sample in multi specimen collection.
Now comes the question time vs $$$ spent selling off the collection.
There are many local Ads that say free/donation to school or education centre.
So best of luck
 

traveller777

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Even though your samples are bigger it seems that one can buy a 800 sample collection for $200 Canadian.
View attachment 2026946
Looking through online ads it seems to be the low and the high would be $4 for a single sample in multi specimen collection.
Now comes the question time vs $$$ spent selling off the collection.
There are many local Ads that say free/donation to school or education centre.
So best of luck
So $200 Canadian is like $5 American?
 
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Masterblaster

Tenderfoot
May 16, 2022
8
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If you want to sell it post better photos, some of the pieces look good. Also where they came from. I buy stuff from New Mexico and Chihuahua.
Thanks for the information, I will definitely take your advice, these were only a few that I had opened, I have around 6 more large boxes, I have a couple boxes that are larger in size, these were the smallest ones I unwrapped. Ill be looking for anything from New Mexico and chihuahua, I found serval from Mexico, peru, conn, Arizona, Connecticut, just to name afew Thanks again ill stay intouch.
Best Regards
 
OP
M

Masterblaster

Tenderfoot
May 16, 2022
8
23
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  • #10
Hello to all,
I recently opened my grandpas rock collection he passed away over 20 years ago, and the news papper that his mineral collection was wrapped in was from 1972, I just started unwrapping them. I don't know what to do with these he has thousands of rocks minerals from all over the world. Is their away to get a value on the entire collection. I personally just not into them I'd like to see someone who will treasure them much more then me. Thank for any help is greatly appreciated. Here are just a few i haven't even scratched the surface. Best Regards,
I found this earlier, its pretty cool its say Indian hatchet, Harrisburg PA.. ill continue to post items as I unwrap them if anyone see anything interesting or would like to make offers let me know. We can discuss it or if you might happen to see a gem, I am considering donation to schools or museums some one mentioned earlier. Thanks.
Best Regards,
Sean
 

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smokeythecat

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Make absolutely sure you keep the old tags with each specimen. Some will be worth more than others apparently. And with minerals it's all location, location, location. I'd find out by comparing pricing on a place like Ebay with what you have there. Then, pick out the pricier items to sell individually and put 10-20 together to put in a lot to sell. If you sell on the internet at $600 in gross sales per year it gets reported to the IRS, you get a 1099K to deal with for income and you have to pay tax on it, file a schedule c and se. That's why I have stopped selling. It would cost more for the accountant's fees than what I would bring in. You might also try to find a dealer who will take those you don't want. Keep some. Years ago I donated 80% of mine to a museum and got a nice receipt of the donation for tax purposes. The museum was a 501c corporation, or something like that (charitable). Most of the rest I gave to my kids, whether they wanted them or not. I have very little left.
 
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Tenderfoot
May 16, 2022
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Make absolutely sure you keep the old tags with each specimen. Some will be worth more than others apparently. And with minerals it's all location, location, location. I'd find out by comparing pricing on a place like Ebay with what you have there. Then, pick out the pricier items to sell individually and put 10-20 together to put in a lot to sell. If you sell on the internet at $600 in gross sales per year it gets reported to the IRS, you get a 1099K to deal with for income and you have to pay tax on it, file a schedule c and se. That's why I have stopped selling. It would cost more for the accountant's fees than what I would bring in. You might also try to find a dealer who will take those you don't want. Keep some. Years ago I donated 80% of mine to a museum and got a nice receipt of the donation for tax purposes. The museum was a 501c corporation, or something like that (charitable). Most of the rest I gave to my kids, whether they wanted them or not. I have very little left.
Thank you, very good advice you gave me here with serval options. Thanks again.
Best Regards,
 

pepperj

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Feb 3, 2009
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I found this earlier, its pretty cool its say Indian hatchet, Harrisburg PA.. ill continue to post items as I unwrap them if anyone see anything interesting or would like to make offers let me know. We can discuss it or if you might happen to see a gem, I am considering donation to schools or museums some one mentioned earlier. Thanks.
Best Regards,
Sean
Not necessarily, im just saying if anything grabs anyone's attention or sees something cool or interesting to let me know, I have no idea what I'm looking at.
Kind regards
Just get a charter membership for $20 and you'll have all the eyes that collect on the forum.
Then you don't have to sneak around, doing backroom PMs.
 
OP
M

Masterblaster

Tenderfoot
May 16, 2022
8
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Just get a charter membership for $20 and you'll have all the eyes that collect on the forum.
Then you don't have to sneak around, doing backroom PMs.
Ok, thanks for the information, I have not done anything like that nor is it my intention of doing so, ill keep your advice in mind if I decide to sell collection.thanks again.
Kind regards,
 

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