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Pillar of the Community
SpringCypress's Avatar
United States
666 Posts
 Posted 11/16/2011  10:52 am Show Profile   Bookmark this topic Add SpringCypress to your friends list Get a Link to this Message Number of Subscribers
I have about 15 partial Lincoln sets in old Whitman folders / albums that I would like to get rid of (I'm downsizing my collection by getting rid of most of my duplicates), but I can't decide what would be the best way to do this.

These sets are all in folders or albums for 1909-1940. There are no key dates. Every folder's earliest mintmark is 1916. There are several latter date uncirculated brown, a few red / brown, and a couple of red coins in each folder.

I see 3 possible ways to sell these:
1 - take the coins out of the folders / roll them up / sell them as semi unsearched (details of what's there and not there)
2 - Try to equal out the number of coins in each folder and then sell the folders individually for a set price.
3 - cherrypick the best condition coins out and sell them individually.

If you were in this predicament what would you do. Feel free to give me other options other than the 3 I listed.
Valued Member
mariospaghetti's Avatar
United States
421 Posts
 Posted 11/16/2011  11:16 am  Show Profile   Bookmark this reply Add mariospaghetti to your friends list Get a Link to this Reply
Here's another thought. Why not listed they where ever they are to go for TRADE. IS there something you want /need maybe someone else could use these? Just my thoughts.
Valued Member
mariospaghetti's Avatar
United States
421 Posts
 Posted 11/16/2011  11:37 am  Show Profile   Bookmark this reply Add mariospaghetti to your friends list Get a Link to this Reply
Hey springcypress, I tried to send you an e-mail and it was undeliverable. I was wondering if you would like to trade those sets and for what? I also wanted to know how many coins were in each set?

Sorry if this is the wrong place for this but e-mail was rejected.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/16/2011  12:28 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Please, mariospaghetti. We really don't encourage commerce outside the forums we've established for the activity.
Bedrock of the Community
United States
20753 Posts
 Posted 11/16/2011  1:56 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I would suggest you look up coin shows or coin clubs in your area. Take them as is to one and have someone just make you an offer. Many dealers like those as fillers for people that only need fillers. At some coin shows some dealers have 3 ringed binders with those 20 pocket plastic pages full of standard, everyday sort of coins as you mentioned. They normally sell them for a dollar or so and mostly to cover the 2x2 they are now in plus time. New collectors and kids love to waddle through those for coins to fill a hole in an Album. This is where many dealers get the Folders and Albums they don't know what to do with so throw them out of give them away.
You will not get much for those but it's a way to get rid of large amounts of just STUFF and all at one time. I've been contimplating that myself.
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SpringCypress's Avatar
United States
666 Posts
 Posted 11/16/2011  3:12 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
carl... I've tossed that idea around as well because we won't just be talking about Lincolns.

Once I figure out what to do with the Lincolns I'll be doing the same thing with my Jeffersons and Roosevelts. I have over 20 sets of Jeffersons that are complete minus the 50D from 38-02. I've also got 5 sets of Roosies that are complete from 46-06. And this is just the stuff which I have multiple multiples of.

There's a ton of stuff which is one off sort of things; nearly complete Liberty nickel set, set of 35+ IHC, 200+ mint / proof sets (some broken some not), Rolls and rolls of 40-58 wheats, Rolls and rolls of pre 59 Jeffersons, so much stuff I can't remember it all.

I just really want to clean up all the clutter leaving myself with just my Dansco and Harris album sets (maybe keep my Library of Coins albums... I like the way coins tone in them).

I'm not in any rush or strapped for cash, but the idea of offering it to a dealer just to be done with it has tempted me. Were I still living in Houston that's probably what I'd do because there were a couple of great dealers down there. But in OKC I haven't found a dealer worth dealing with. And coin shows are few and far between. I've got this idea that since I've spent years and years and years aquiring it all I should at least spend a little time liquidating it.

For instance I've already started listing stuff on here in the auction section (mercuries and washingtons).

As I've been writing this response I just had and idea... Almost everything we're talking about is individually fairly low value, but since there's so much of it if I were to sell it individually it would add up to a bunch. What about making one huge auction of it and selling it as a collection on ebay? I've noticed that the true collection auctions tend to do pretty well (not the "we'll send you 20 different coins" things).



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Ricardocody's Avatar
United States
1204 Posts
 Posted 11/16/2011  4:31 pm  Show Profile   Bookmark this reply Add Ricardocody to your friends list Get a Link to this Reply
I ll follow your tread because I have the ecxacly same problem lol ! My main question is what to do with 5000 LWC's commom dates out of my folders ?!...
Sorry for not be able to help !
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hesgut's Avatar
1028 Posts
 Posted 11/16/2011  4:45 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
here's what I think of your 3 choices.

1) will barely bring you any money, takes some time to take out and roll and is have-way unethical
2) will barely bring you any money
3) will barely bring you any money, since the good ones are all later dates like you said. With shipping and effort its not worth selling individual lincolns unless they are keys or pre-34 BUs (RB or RD).

You could just give them away. I'm not joking. Honestly, each folder is sell-able at about $12 the way you described it even though there is probably more value in them. These would probably be worth a whole lot more than that to some kids or young adolescents at coin shows.
Valued Member
mariospaghetti's Avatar
United States
421 Posts
 Posted 11/17/2011  12:12 am  Show Profile   Bookmark this reply Add mariospaghetti to your friends list Get a Link to this Reply
Again, sorry superdave. I just wanted the person to know 1) I was interstead via-e-mail 2) I was trying to let them know that I had try to NOT conduct business in this thread. 3) I did appologize in advance if this was the wrong place.

So I will mind my own business and NOT try and help out others : trying to figure things out"
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 11/18/2011  2:36 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
If I were you I would;
1)cherrypick the best condition coins out and sell them individually.(brings you some money)

then

2)Trade what is left with other collectors (help fellow collectors with their sets and provides you with what you need to complete, add or upgrade your sets)

then

3) Give away what is left to young and new collectors that will give them a good start and sure they will be very happy

or just send them to me

whatever you will decide to, I wish you good luck
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KenKat's Avatar
United States
4085 Posts
 Posted 11/18/2011  4:24 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I would do this:

1) Pull out the uncirculated coins and either sell them individually or in small lots depending on dates, etc. I wouldn't sell anything individually that wasn't worth over $5.
2) Consolidate the rest of the coins into a single set and set it as a partial set -or- sell the remaining coins in rolls with full disclosure as to the exact dates in each roll.

I have a bunch of Lincoln wheats sitting around because it is really not worth the effort to sell them. They are mostly not worth the trouble.
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