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Thinning Out The Inherited Collection

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Zurie's Avatar
United States
5673 Posts
 Posted 12/19/2016  4:55 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Looks like some nice rolls. It would be a shame to put them into circulation. The problem with selling them online is the fees and shipping costs will eat up most of the premium over face. Maybe your best bet is a local coin club or show.
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Finn235's Avatar
United States
6130 Posts
 Posted 12/19/2016  4:55 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I would try to see if there is someone local to you who would be willing to buy the whole lot. Not a dealer; they will just offer face value.

Plenty of collectors are willing to spend 3-4x face for such rolls. The problem isn't ebay fees so much as shipping costs; sending a bulk quantity of cents can easily eat through your profit, even if the buyer helps substantially. Still, if you can sell $100 face in cents for $400, it is still a good deal even if it costs you $100 out of pocket to ship. And likewise, if a local collector is willing to pay $300 cash for a local pick up, that is a viable option as well.

Have you found anything rare yet? Big ones to look for (Easy to distinguish, and that you could reasonably find) are 70-S small date, 1992 CAM, and 1998, 1999, and 2000 WAM.
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Jovian's Avatar
United States
147 Posts
 Posted 12/19/2016  6:50 pm  Show Profile   Bookmark this reply Add Jovian to your friends list Get a Link to this Reply
You need to make 243 more posts and put them for sale on CCF. I only need 7 more posts to buy them. A roll or two at a time and they will sell for quite a bit more than the bank. Coinstar charges you to take your money, if you wand to lose 10% off of face, I'm game. I went nuts a few days ago over finding ONE 1967 in that condition.
Valued Member
United States
467 Posts
 Posted 12/19/2016  6:57 pm  Show Profile   Bookmark this reply Add oober to your friends list Get a Link to this Reply
If you don't need the money and have time. Build up some posts here and sell them here.... There are other forums out there too to sell on, but I have to warn you, new seller will normally have to ship 1st, or sell at a lower price to build credibility.
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BiggDaddE's Avatar
United States
21 Posts
 Posted 12/19/2016  7:34 pm  Show Profile   Bookmark this reply Add BiggDaddE to your friends list Get a Link to this Reply
I was seriously considering ebay for a while, what are your thoughts on paying for shipping. Honestly I usually click that magic button in the search filters that restrict it to "free shipping" auctions only, so do people actually pay shipping? It wouldnt be shooting myself in the foot by asking the buyer to cover shipping? Also, would it work better to sell them as a lot, where one shipping charge covers all? I guess I need to do some more research....
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moxking's Avatar
United States
17900 Posts
 Posted 12/19/2016  8:25 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
You can load up to 70 pounds in a flat rate priority medium or large. But you really have to double box inside the outer box.
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cwb's Avatar
United States
3463 Posts
 Posted 12/19/2016  8:41 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
EDIT: Trying to follow rules.
Edited by cwb
12/19/2016 11:19 pm
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moxking's Avatar
United States
17900 Posts
 Posted 12/19/2016  9:00 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
CWB - I wouldn't post your email. If you have time to edit, I would.
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John77's Avatar
United States
2915 Posts
 Posted 12/19/2016  10:55 pm  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list Get a Link to this Reply
The best thing to do for starters is to get a list of what you have, and take some sample pictures as you did with the 1962-D Lincolns. Also, get a price guide on BU rolls... some dates like 1969 through 1971 P are worth a good premium in rolls.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Steele's Avatar
United States
1119 Posts
 Posted 12/19/2016  11:05 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
All buying, selling, and trading must be done in the appropriate forums, not the discussion forums

http://www.coincommunity.com/forum/rules.asp
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joeysanders627's Avatar
United States
408 Posts
 Posted 12/20/2016  04:38 am  Show Profile   Bookmark this reply Add joeysanders627 to your friends list Get a Link to this Reply
I say don't sell anything. Keep it for awhile. Learn about coins on here. Then, when you are more knowledgeable, sell them at the right price. I already see all these sharks circling you, ready to move in and to take a bite out of you. Look at what they did to this horse.


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davec13's Avatar
United States
757 Posts
 Posted 12/20/2016  06:34 am  Show Profile   Bookmark this reply Add davec13 to your friends list Get a Link to this Reply
If you have $100 face you could get that into a flat rate box and ship it relatively cheap. If you had enough posts I would buy the lot from you without hesitation. Here is the last group of wheat cents I bought. Roughly $500 face.
Thinning-Out-The-Inherited-Collection
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cwb's Avatar
United States
3463 Posts
 Posted 12/20/2016  11:21 am  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply

Quote:
I say don't sell anything. Keep it for awhile. Learn about coins on here. Then, when you are more knowledgeable, sell them at the right price. I already see all these sharks circling you, ready to move in and to take a bite out of you. Look at what they did to this horse.


He stated that he already looked through them and they are common dates (1959-1970). If he sold them to a bank for face value he would get more money than dropping them in a coinstar.


Quote:
I am hard up for space and money. I can't hang on to roughly $100 face value worth of these cents that do not seem to have any real collector value


He wants to free up some space and get some cash, he is just asking advice on the best route to go. I don't see any sharks....
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