Coin Collectors Association offering to buy collectibles from Moffat County residents | CraigDailyPress.com

Coin Collectors Association offering to buy collectibles from Moffat County residents

The word "numismatics" is not one used a great deal in everyday conversation, but familiarity with the term could pay off.

The International Coin Collectors Association is looking for numismatists — coin collectors — hoping to sell their wares.

The group will be set up today and Saturday at the Hampton Inn, 377 Cedar Court, to purchase coins from local collectors.

The ICCA buys coins based on market prices of gold and silver, as well as other factors depending on each item, then ships the purchases to the company headquarters in Springfield, Ill., where they can be redistributed to interested collectors.

Field manager Jaryd Gerhart said about 40 people turned out for the first day of the organization's Craig appearance Tuesday to have their collections evaluated by his staff of six buyers. He added that he hoped to see about 200 people come in throughout the week, an expected turnout for a town the size of Craig.

Although Gerhart said he has yet to see anything unusual, he added anything can happen.

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"We always have somebody who brings in something by the end of the week," Gerhart said. "There's always someone who has that rare coin. And what's more exciting is when you find someone who doesn't know they have a rare coin and then you tell them and they walk out with a big check."

Gerhart said he has overseen some large purchases in his job, such as a Colorado Springs man who sold a gold coin found in Panama for $30,000.

"You hear all these crazy stories of people finding stuff," he said. "There was a woman who had bought a trunk at a yard sale with a coin in it. She paid $20 for the trunk, but it had a $500 coin in it."

Craig resident Josh Gallenbeck brought in several coins to determine their worth, but was disappointed to find they were not very valuable.

However, he was interested in the display table of collectibles set up in the middle of the room at the Hampton Inn, ranging from a vintage Coca-Cola sign to precious metal antiques like jewelry watches and a silver tea set, to wartime relics like a Nazi armband, a Japanese Rising Sun flag, and a variety of knives and bayonets.

"There's some incredible stuff I wouldn't have been able to see if I hadn't been here," he said.

Coins are not the only items the business is interested in, with tables set up for buying antiques, military curios, musical instruments and other valuables.

ICCA buyer Joan Landquist said her own interest in collecting dishes and cookbooks helps her appreciate items brought in by potential sellers.

"Basically, I just like anything old," she said. "It has a little more style to it. Today we just have so much mass-produced stuff … there's nothing unique about it."

Landquist said many sellers are people looking to unload family heirlooms.

"Some people appreciate them and some people don't," she said. "They're not interested in the same collections that their parents and grandparents were, and they'll use the money to fulfill their own collections, and it gets into the hands of people who would appreciate it."

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The International Coin Collectors Association will be at the Hampton Inn, 377 Cedar Court, today and Saturday to buy coins and other collectibles from local residents. The organization’s hours are 9 a.m. to 6 p.m. today and 9 a.m. to 4 p.m. Saturday. For more information, visit http://www.internationalcoincollectors.com.

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