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I'm Selling Rolled Pennies

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Author Previous TopicReplies: 15 / Views: 1,680Next Topic  
New Member
FredderF's Avatar
United States
13 Posts
 Posted 08/09/2013  5:02 pm Show Profile   Bookmark this topic Add FredderF to your friends list Get a Link to this Message Number of Subscribers
Any insight as to the value would be appreciated.

The ones I've got are circulated pennies, no proofs. I want to sell them all at local coin store but not get ripped off. Here's what I got, any insight will be appreciated. 40'S 50'S 60'S 70'S 80'S...

1940
1941
1942
1944
1945
1946
1947
1948
1949

1950
1951
1952
1953
1955
1956
1957
1958

1963
1964
1965
1966
1967
1968

1970
1971
1972
1973
1974
1975
1976
1977
1978
1979

1980
New Member
FredderF's Avatar
United States
13 Posts
 Posted 08/09/2013  5:02 pm  Show Profile   Bookmark this reply Add FredderF to your friends list Get a Link to this Reply
I forgot, I have these also:

1950D
1951D
1952D
1953D
1954D
1955D
1956D
1957D
1958D

1960D
1961D
New Member
FredderF's Avatar
United States
13 Posts
 Posted 08/09/2013  5:03 pm  Show Profile   Bookmark this reply Add FredderF to your friends list Get a Link to this Reply
1962D
1963D
1964D
1968D
1969D


1970D
1971D
1972D
1973D
1974D
1975D
1976D

Pillar of the Community
OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/09/2013  5:18 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Next to dateless Buffalo nickels, the last thing any coin dealer wants is more Lincoln cents. If they are low grade, maybe a few cents each. If AU, maybe 50 cents.
Pillar of the Community
OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/09/2013  5:27 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
BTW, unless the LMCs are strong AUs, don't bother with them.
Valued Member
JJHFL's Avatar
United States
395 Posts
 Posted 08/09/2013  5:46 pm  Show Profile   Bookmark this reply Add JJHFL to your friends list Get a Link to this Reply
I believe my local shop would pay maybe 3 cents for wheats 1930 and up. Nothing for the rest. Sorry.
Valued Member
shootnstarz's Avatar
United States
477 Posts
 Posted 08/09/2013  6:00 pm  Show Profile   Bookmark this reply Add shootnstarz to your friends list Get a Link to this Reply
My LCS offered me $.015 per wheatie. I guess that was a polite way of saying "we don't want them".

Rick
Valued Member
lknerr's Avatar
United States
167 Posts
 Posted 08/09/2013  6:18 pm  Show Profile   Bookmark this reply Add lknerr to your friends list Get a Link to this Reply
My LCS pays .03 per wheat. Nothing for the rest.
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Bassmaster's Avatar
United States
1130 Posts
 Posted 08/09/2013  6:49 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply
Try putting them all together on ebay. You will probably get more than the coin shop will give you.
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skyshark124's Avatar
United States
1109 Posts
 Posted 08/10/2013  07:54 am  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
My LCS won't buy them from people. They turn them away constantly. I agree with the ebay route though, as much as I have grown to hate ebay. That would be a good option for selling them in larger quantities.
Valued Member
shootnstarz's Avatar
United States
477 Posts
 Posted 08/10/2013  08:37 am  Show Profile   Bookmark this reply Add shootnstarz to your friends list Get a Link to this Reply
Yep, ebay them or maybe put an ad on craig's list for a local buyer.

Rick
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CoinDan98's Avatar
United States
1053 Posts
 Posted 08/12/2013  2:25 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
Oh! Craigslist is a good dea...
Valued Member
miket's Avatar
United States
258 Posts
 Posted 08/12/2013  6:28 pm  Show Profile   Bookmark this reply Add miket to your friends list Get a Link to this Reply
Well if you sell them on Craig's list make sure you meet the buyer at your local Police Station.
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NathanASE's Avatar
United States
1511 Posts
 Posted 08/12/2013  7:18 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply

Quote:
Well if you sell them on Craig's list make sure you meet the buyer at your local Police Station.


Maybe for a extremely valuable transaction... But I've bought many coins off of Craigslist, the biggest transaction seven hundred dollars, and six another time.. And I usually just meet in a parking lot somewhere. For the most part Craigslist is safe, more honest people than people literally trying to rob you.. And you should be able to get a feel for those people before meeting. Maybe for a $1000+ I'd say meet more public but for $5-10 in pennies? But then again I have a LTC and always carry.. So maybe I'm less worried than the average non gun owner.. But I've bought and sold many coins and even more other things and have never met anyone except honest, kind folk.. But to each his own..

But even on Craigslist unless there wheats, and early wheats at that (1909-20's) circulated would probably still only be .03-.04 apiece.. A bit more for the earlier ones (again teens and 20's) but not much more at all. That or the Bay would be your best bet.. My LCS won't even take circulated wheats let alone LMC's...
Edited by NathanASE
08/12/2013 7:23 pm
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stud722's Avatar
United States
1088 Posts
 Posted 08/12/2013  7:38 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
My LCS also buys them for 3 cents per wheat. Sells them in bulk for 5 cents each. Not a huge profit to be made here I am afraid. Best bet is ebay.
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FadeToBlack's Avatar
1751 Posts
 Posted 08/12/2013  9:52 pm  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply
I usually meet my buyers at a Barnes and Noble or Starbucks or somewhere like that. National chains, of course, with security and video cameras and stuff... Just in case.
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