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12 - Antique Shoppe - www.antiqueshoppefl.com
WHAT’S IT WORTH? The value
Quality Service! WHAT’S IT WORTH ANTIQUES MINUTE of Golf items will vary widely based

upon specific item, age, condition,
Since 1986 BY: Mike Ivankovich and provenance. Recently ten early
20th century wood-shaft golf clubs,
WHERE DID THE WORD “GOLF” ORIGINATE? and five early golf photos, sold for
$4,780 at Heritage Auctions.

Florida’s Best News Source Golf is one of the world’s most It is generally accepted that “Golf” Mike Ivankovich is an Auctioneer, Appraiser,
for Vintage, ANTIQUES popular individual sports for both is derived from an old word meaning Home Downsizing Expert, and host of the
“What’s It Worth? Ask Mike the Appraiser” Radio
& Collectibles men and women. But where did the “Club”. The first documented mention Show that airs live on Friday mornings from 9-10
of the word “Golf” was in Edinburgh
word “Golf” originate?
AM EST on WBCB 1490 AM and on the Internet
Contact us TODAY According to Scottish Golf History, on 6th March 1457, when King James at: www.WBCB1490.com His show also airs
in Denver CO on KEZW Cruisin 1430 AM on
to place your ad! the common misconception that II banned ‘Ye Golf’ in an attempt to Saturdays from 3-4 PM MST & Sundays from
encourage more archery practice,
the word “GOLF” is an acronym for
11 AM-12 Noon MST, and on the Internet at:
352-475-1679 “Gentlemen Only - Ladies Forbidden” which was being neglected. www.Cruisin1430.com. You can also visit:
is definitely not true. www.AskMikeTheAppraiser.com
and collector’s like raw coins they can possibly get for “pennies on the dollar”
KAYE’S COLLECTOR CORNER to submit for grading. So much to learn and take in as I assess what I really
have.
By Mike Kaye I also come across more pennies that include Indian Heads and Wheats. Flying
As I peruse the collection, I find pennies with Eagles called “Flying Eagles”,

Eagles can sell for fortunes, like the 1856, fetching $12,000. But Dad happened
PAYING CASH FOR CASH? to pick up the 1858 Flying Eagle, so worn it looked like a sting ray. In that
grade, considered G-4 it books at $25. A measly amount compared to others of
high grade.
My father was an avid coin collector, God rest his soul. My mother Moving on, I found Jefferson nickels and Washington quarters. Nickels
gave me the task of selling off his collection, a field I knew nothing from 1964 and older have some silver in them, as do dimes and
about, other than the concept that “money was made to be spent, quarters. The dimes and quarters have a higher silver content, up to
saved or invested.” Collecting coins was something I had never 90%, while the nickels only 35%. Local dealers will pay for the
thought about. When she handed me the coins, I realized how silver content on a scale of approximately 10x of face value.
heavy money could be. I also felt the spiritual presence of This means if you a 1964 Quarter that’s badly worn you
my father, believe it or not. should be able to sell it for ($.25 x 10 = $2.50) to a local
I had been set with the task of “not letting a penny jewelry dealer.
slip through my fingers” without it being properly As I continued sorting through the coins,
categorized, I was also not 100% certain of its value. referencing the Red Book, and cross-referencing web
I began by looking at the variety of coins; dollars, half- sales, I continued seeing a trend. Coins would be listed in a
dollars, quarters, dimes, nickels, pennies, errors, silver, foreign row, when it got to a rare one, it would skip it and continue with
coins and currency, all staring at me. And I am staring back, the next year. My thoughts of finding a 1933 Double Eagle were
without a clue. dwindling. I found Liberty half dollars which sell for $5 a piece in
I first chose a Morgan dollar from 1889 and begin to search Heritage rough shape and upwards of $12,000 for a 1921 Walking Liberty in high
Auction’s website to see what it could potentially be worth. Lo and behold grade MS64. There was a 1955 Franklin “Bugs Bunny” that can fetch $50.
there was one that sold for $100,000! As I dig deeper, I began to realize The error on that being the die moved on his teeth giving him long looking
there is more to a coin than just a year, there is a Mint Mark. The Morgan teeth.
that valuable has “CC” on it, which stands for “Carson City”. Mine doesn’t. At the end of the week I felt like I had spent time with my father. I miss
This coin is over a hundred years old, it’s got to be worth thousands, right? my Dad, he was my hero, always encouraged me to stay positive and do my
I continue digging to learn about “Grades”. A grade of “AU” means “About best. By sorting through his collection, I gained insight into his thoughts and
Uncirculated” and mine looks like it went through a vending machine once collecting angles, I learned about a field I had no clue about, and ultimately I
or twice. Wait, did they have vending machines back then? I quickly realize I was reminded how these material things remain long after those we love are
need to be using a loop. Is there a “CC” on mine? Where is it located? I needed gone. Dedicated to my father, Stephen Kaye.
a plan B, a price guide.
Researching coin price guides on Amazon, I saw that collectors preferred
the “Red” Book over the “Blue” book, so I ordered a copy of the 2021 guide
and was well on my way to becoming a numismatic. When the book arrived, I
was eager to begin learning. It seemed overwhelming at first, but the color keys
helped me simplify categories. I was able to locate where the “CC” would be
and determined there wasn’t one. After looking at grade descriptions I figured
I had at best a grade 40, and the price quickly drops below $50. I compared the
same coin online and saw how the graded ones were breaking $100. This led
me to the idea of grading.
I learned that NGC (Numismatic Guaranty Corporation) is a coin
grading company. If you become a member of ANA (American Numismatic
Association) you can then submit coins through NGC like a dealer would.
This takes some upfront paperwork but if you have rare, old coins it may be
worth it to investigate. One factor I weighed was that coin grading can be
pricey. It costs close to $40 to grade each coin. If that coin comes back with a
lower grade than you expected, you have given away potential profit. I’ve seen
ungraded coins go for good money at auction, because the images are sharp Collector K wants to hear what you have to say, about collectibles that is so drop me a line today at:
kpeople@hotmail.com