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Dad's Stash

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arthrene's Avatar
United States
1713 Posts
 Posted 05/12/2010  9:03 pm  Show Profile   Bookmark this reply Add arthrene to your friends list Get a Link to this Reply

Quote:
lots of 80's halves


Just make sure not to throw away any 1987s.
Valued Member
Pinenut's Avatar
United States
462 Posts
 Posted 05/13/2010  04:39 am  Show Profile   Bookmark this reply Add Pinenut to your friends list Get a Link to this Reply
I saw five rolls of bicentennial quarters go for $65 on the Bay. Here's a listing for ten rolls that sold for $160
http://cgi.ebay.com/400-1776-1976-B...em2a06926c53

Don't knock those bicentennial quarters.
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afcop13's Avatar
United States
1409 Posts
 Posted 05/13/2010  06:58 am  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
Hmm, I really didn't think the bicentennials would pay off. Many of his haven't seen circulation in 25-30 years or more. He always pulled them from pocket change, etc. I do remember him doing that.
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j_h_s's Avatar
United States
1934 Posts
 Posted 05/13/2010  07:29 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
afcop; that's an amazing post....makes me

I want to address your LWCs.

Two steel boxes with 150 rolls of LWCs in each is 300 rolls (or 15,000 coins).

If
- every one of those coins is only in Fine condition
- every one of those coins is 1933 or earlier

and you placed a low average, even as low as $1/coin on them; do that math.

If
- everyone of those coins is in Fine or above condition
- they are coins from 1909 - 2006

and you place a low average, even as low as fifty cents/coin; do that math.

These are hugely oversimplified hypotheses.

However, if/when you plan to divest yourself of any of the denominations, I hope these hypotheses compel you to take a very methodical approach to sorting, cataloging, and appraising them in such a way that you dont end up hugely shortchanged.

if you get into a selling frenzy too quickly, that'll happen.

I dare say that a roll of Fine 1909 - 1933 LWCs with no key or semi key dates (and not all 1910, 16, 17, 18, 19, or 20 P) could be is worth at least $50 - $100...

...and that is just a 4:26 am math-guess-class-conjecture.

Then there supply and buyer demand to take into consideration.

Congratulations on your coins. Please find someone who will compel and encourage you to make any divestment a process, not an event.

Jim


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Adam_E's Avatar
United States
4846 Posts
 Posted 05/13/2010  07:36 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
you could sell them as unsearched, it also might help me to fill some holes.
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Moe145's Avatar
United States
8904 Posts
 Posted 05/13/2010  08:03 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Awesome find! Thanks Dad!

Great job educating your Mom to the value of your Dad's collection, too!!.
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afcop13's Avatar
United States
1409 Posts
 Posted 05/13/2010  10:55 am  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
Thanks everyone for the comments.

J_H_S - I told my mom to figure .25 cents per penny for the wheats and do the math......that is simply assuming a sale price of $12.50 p/roll. She is a pretty good math whiz and was stunned. She knew they were probably worth something, but didn't realize it could be that much.

Honestly, other than the knee replacement, she is still young (63) and healthy. I told her to be in no hurry to sell anything other than the face value stuff, and that later this year or early next year after we've sorted everything, to decide what she wants to do with it.

She is involved in knee rehab for the next several weeks, and will be coming to stay with me in a few days, so there probably won't be any revisiting these coins before June.
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livingdinasaur's Avatar
United States
1571 Posts
 Posted 05/13/2010  3:46 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
This thread is about as interesting as any I have had the pleasure to read!
There is some very good advice given, and it appears that it was taken. Brent, Fill her to the gunnels, and enjoy doing what you do, because I also enjoy watching the adventures you guys do, on "The Deadliest Catch"! BE SAFE!
Dick
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 05/13/2010  4:01 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
That's awesome! I would give the ones that are covered in motor oil an acetone soak for a bit, then a rinse with distilled water. That sounds like a pretty massive hoard! My dad is a major stamp collector/dealer, but he also has a few coins that I'd been going through off and on, and helped him put together partial sets of Buffalo nickels and Indian cents. He lets me pick out a few every now and then for my collection. I may be interested in upgrading some of my early lincoln philly cents, so if she wants to get rid of some of them, put them up on the BST for us to drool over! :-)
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afcop13's Avatar
United States
1409 Posts
 Posted 05/13/2010  7:39 pm  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
I will say one thing - if she does decide to sell some off this fall - this site will be where its listed.

Keith
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L1011's Avatar
United States
300 Posts
 Posted 05/13/2010  8:26 pm  Show Profile   Bookmark this reply Add L1011 to your friends list Get a Link to this Reply
Is that what common date Wheat's in reasonably good shape will go for? .25 A piece? About the BiCentennial quarters, that's interesting too, I have a bank-roll of uncirculated I wanna dispose of
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