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Replies: 21 / Views: 3,803 |
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Pillar of the Community
United States
4085 Posts |
My experience in selling coins at a garage sale is that you will get either people who don't really care about coins and won't be interested or collectors who are looking to score a big bargain and would be looking to get them on the cheap. I tried to sell coins once and didn't sell a single one. I did have a kid pick up a roll and drop it on the driveway and the roll broke open and wheat pennies went flying everywhere.
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Pillar of the Community
United States
6326 Posts |
 That kid went from happy to sad rather quickly I'm sure. Hopefully he found them all... 
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Pillar of the Community
United States
4085 Posts |
OH, no, he didn't actually buy them, he just picked them up and dropped them. I was the sad one...
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Moderator
 United States
188660 Posts |
When I was a kid I made an attempt to sell some coins at a garage sale. Many of you know that I have said that I have never sold a coin and never plan to. I guess you know how well that garage sale went. 
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Pillar of the Community
United States
3843 Posts |
I've considered this and decided not to sell coins at any yard sales at my residence for security reasons. At the yard sales I've hosted there has been some pretty sketchy individuals that have shown up looking for a laundry list of high value items like precious metals, video games, electronics and such and that has made me very nervous about selling anything, even low value junk, that may indicate that I'm a collector.
Now if I ever set up at a off-site location at a flea market or in a community yard sale somewhere other than my home I'd possibly consider selling some low value coins.
Edited by Joe2007 04/22/2016 1:50 pm
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Rest in Peace
United States
18456 Posts |
Joe , I can understand your concern, but we're talking about cheap common wheat cents and low grade common Buff's . Just don't put any other coins out and you'll be fine.
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New Member
 United States
43 Posts |
Thanks for all the input guys! Right now I'm leaning toward giving them to kids or folks that buy something...
Its at a community type area and not at my house (so I guess not technically a garage sale...) so not too worried about the security. But that's a really good point, We got broken-in-to 2 years ago but luckily the alarm was on and that scared the guys off before they could get more than some electronics. I hate thieves...
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Bedrock of the Community
United States
10038 Posts |
Quote: I hate thieves... So does my within-arms-reach buddy named Reality Check. He is capable (though I pray I never have to use his talents) of spitting lead while shooting his mouth off (very loudly). I think you have the right idea about seeing if any coins will sell. Maybe not, bu I like the idea better of just giving them to the kids. Maybe if a child shows up with a parent, ask the parent if you can give the child a very old penny for free. You never know how much fruit will result when you plant a seed.
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Valued Member
United States
422 Posts |
I'd roll them and sell them that way. People will probably buy a roll rather than pick through them searching for certain dates. Keep the price low enough and people would take the chance of buying more.
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Pillar of the Community
United States
1191 Posts |
Very good point Joe. Although you are selling low grade LWC, buffs, etc.. A thief could know you collect and break in later. It's a sad world we live in sometimes.
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Valued Member
United States
175 Posts |
I had my very last garage sale ever, early last summer. After my father passed away and the dust settled, we figured we'd have a garage sale and recoupe some out of pocket expenses. Although my father left us with more than enough to take care of things. Some minor things required cash. Never the less... I have never seen so many cheapskate, lowball, I want something for nothing, types gather at one location in my life! I'm done, never again.... I will throw it out or leave it sitting on the shelf where it was. Or at the very least make the extra effort and ebay or CL it.
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Pillar of the Community
United States
3843 Posts |
 Lots of scavengers out there. You won't be able to get 1/2 of what you could get at a flea market. My grandfather set up at flea markets and although there was plenty of haggling, there were better buyers than garage sale buyers who wanted everything at rock bottom price. I try to buy items at garage sales, not sell at them since it is hardly worth your while to sell anything good.
Edited by Joe2007 04/22/2016 8:37 pm
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Valued Member
United States
124 Posts |
Just spend them as change, wheat cents are just change. Collector value coins are like the Indian Head cents. Even modern proof set Coins are change. Shinny change my local coin dealer says.
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Pillar of the Community
United States
530 Posts |
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Bedrock of the Community
United States
20753 Posts |
Placing anything of value on a table at a garage sale is really risky. With money, you'ld have to have someone there all the time or they tend to walk.
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