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Do Local Coin Shops Buy Wheat Cents?

 
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Author Previous TopicReplies: 7 / Views: 429Next Topic  
New Member

United States
26 Posts
 Posted 09/19/2019  10:38 pm Show Profile   Bookmark this topic Add Novelhunter to your friends list Get a Link to this Message
Not key dates, but nice red+brown luster, and not cleaned, lets just start with 1925 p,d,s to 1958 p,d,s, Would the coin shop be interested? If so, what would be an acceptible offer ? All your input helps. Thank you
Pillar of the Community
United States
7114 Posts
 Posted 09/19/2019  11:43 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I work at an LCS, we would absolutely buy this. 1925PDS-1958 Date and Mint Set we would more or less pay per coin. For bulk we pay 2x face. For something like this, it would be down to the quality of the individual coins.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
Valued Member
United States
126 Posts
 Posted 09/19/2019  11:46 pm  Show Profile   Bookmark this reply Add Johnsonr29 to your friends list Get a Link to this Reply
Only if they can get it for 1/4 to 1/3 of what they can sell it for. Just like all coins you take to one. Sell it yourself or basically you will just be giving it away.
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United States
5282 Posts
 Posted 09/20/2019  12:47 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
All depends on the shop, their inventory and how fast they can move it out.
Bedrock of the Community
United States
17900 Posts
 Posted 09/20/2019  01:10 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Westernsky nailed it. Just like any store, the better the items the higher percentage they will pay. Most CS have enough 40's and 50's Wheat to fill barrels with. They don't want more unless they have a buyer looking for varieties or errors.
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United States
48971 Posts
 Posted 09/20/2019  09:02 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
So many that they're often scattered around on the floor.
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United States
7114 Posts
 Posted 09/20/2019  09:12 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Coinfrog doesn't know how true that is....
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
Pillar of the Community
United States
3497 Posts
 Posted 09/20/2019  09:13 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
It all depends on what you mean by no key dates. Is that just the 31-S.

25-28 D and S in red brown uncirculated are valuable. If you had a 26-S in red brown, that's significant dollars - could be a thousand dollar coin. 31-D in red brown uncirculated is valuable - $100+. 32-34 D, 35-39 D and S are $10-20 each in red brown uncirculated. 40s and 50s are maybe worth $50 in total.
Edited by KenKat
09/20/2019 09:14 am
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