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Bedrock of the Community
Canada
11922 Posts |
 to the CCF! |
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Rest in Peace
United States
18456 Posts |
To CCF  |
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New Member
 United States
0 Posts |
Thanks everyone! I will post pics. Do all of you recommend selling on ebay or is their a specific place for coins? |
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New Member
United States
0 Posts |
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Moderator
 United States
14463 Posts |
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Pillar of the Community
United States
1326 Posts |
MeIJ29, you should learn where the mint marks are on the types of coins you have. Anyway, thanks for posting.
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New Member
United States
0 Posts |
I know where all of the mint marks are. My original question was what makes a Wheat penny worth thousands versus less than a dollar? Everything from year to mint to condition appear to be the same. |
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Bedrock of the Community
United States
10284 Posts |
Do not clean your coins and |
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New Member
United States
0 Posts |
@TheNickelGuy...thanks! I almost did and then discovered collectors don't like that.
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Valued Member
United States
406 Posts |
Mel- there are many factors in what makes a coin valuable. For one, condition is a major part. A coin in G4 will be worth much less than a coin in MS64. Another thing is what the buyer will pay. There are many cases of high-grade common coins selling for thousands.
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Rest in Peace
10197 Posts |
Mel's question was what makes a coin worth so much as compared to others of like kind! Mainly it is the rarity of that date/mint mark, condition and special variety. The 1909S-VDB, had less than 500,000 made, making it a rarity when compared to a 1909-P which had over 72 Million made. A 09S-VDB in pristine mint condition list for $1,700, the lowly 09P in the same mint condition lists 1000 times LESS at $17. Population, rarity are the biggest, but some varieties command top dollar as well. There's much you need to learn about rare coins. May take some effort on your part to read and learn, best way is post a pic of a coin in question here(both sides). The folks here can tell you if it is a rarity or common coin, give an estimated grade and value too. Look forward to some of these! to the forum! |
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Bedrock of the Community
 United States
12477 Posts |
The value depends on many different factors such as rarity (low mintage/survival), condition, mint errors and major varieties such as Doubled Dies like the 1969-S Doubled Die Obverse Lincoln Cent. The '69-S DDO will fetch many multiples over a normal coin of the same year/mm. It's really too much to explain in one post. That's why CCF exists!  I guarantee we will help as much as we can. Please do post some pics of the coins (preferably one coin per topic) in the appropriate sub-forums, e.g. U.S. Classic coins for a Mercury dime or U.S. Modern for a Roosevelt dime.  I'm looking forward to seeing some of them. Start with a few that are most interesting to you.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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New Member
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Pillar of the Community
United States
1609 Posts |
Yes, when we say something like MS62 or something like that, we are referring to the grade of the coin. Coins are graded on a 1-70 scale, 70 being the best and 1 being the worst. Only some numbers are used though, like a coin will never grade as a 59 or a 47. It would instead grade as a 58 or a 45.
The things that make coins valuable is sometimes just amount. Maybe the coin originally had 2 million made, but 1.9 million got melted before they got out of the mint. Maybe there was some sort of struggle or shortage going on that year, making a certain denomination became difficult, etc.
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New Member
United States
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Thanks for all of the replies! I hope I got a few photos uploaded correctly. I'm sifting through coins today.
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Posted 09/22/2017 9:31 pm
