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Replies: 11 / Views: 1,951 |
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New Member
United States
10 Posts |
I have a lot of coins in my collection that were from childhood. I would like to trim down some on those and get a few better quality coins (or even one). Most of these are probably worth around .25-$1 according to the guides, but they're not worthless. Seems that selling them on ebay would be tough since shipping would be more than most of them are worth. I only know of one coin dealer locally and he snapped out 2c each before I even gave him details of some of the better coins. He clearly wasn't really interested. I'm guessing since I don't want to sell them all but it's probably $100 book value. Not expecting to get that but I do expect more than a dollar or two. What recommendations would you have for selling/trading these? I'm going to the monthly coin show next weekend and I may try there. It might distract from two good coins I'm taking for trade though and make it too difficult for me to keep track. I've only been back to the hobby for a couple months now since when I was about 25. Up north, we had coin dealers all over but there aren't many locally here in the south.
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Pillar of the Community
Canada
5417 Posts |
I don't really see too many options. Dealers don't like to buy coins which they will have a hard time selling. 2 Cents each is low I admit but realistically unless there is anything that will sell for atleast $5-$10 each they'll probably throw a value of 10 Cents each at you. You could try trading them at a local coin club, but again, unless you're dealing with a newbie, nobody wants low-end coins. $100 isn't a lot of value, you could just keep the coins and try building your collection based on them. What kinds of coins are we talking here? By the way  to CCF!
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New Member
 United States
10 Posts |
There all wheat cents that I want to get rid of. They're circulated and mostly pulled from circulation about 35 years ago. The 40s & 50s I would expect .02 each but I've got a lot of teens, twenties, & thirties that are worth more than that. I also have about 500 1943 in XF+ condition but mostly quite discolored. I'm not sure what those are worth since the good details are cancelled out by the high corrosion. Those were my grandmothers and were pulled from circulation starting in 1943. Unfortunately, she saved them in a coffee can which didn't preserve them well. I'll keep a roll or two of each PDS but would like to trade some of the rolls in and get a BU copy of each PDS. If any of my niece, nephews were interested, I'd give the coins to them but they'd probably just spend them as pocket change. Or for the younger ones end up in a sand box.
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Moderator
 United States
56855 Posts |
You could sell them on ebay as a lot for x dollars include free shipping but ad that to the selling price. John1 
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Valued Member
United States
457 Posts |
 I would also sell them in lots of 5-10 on ebay. With each lot having consecutive dates if possible (1913, 14, 15, 16, 17 etc.). Mark
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New Member
 United States
10 Posts |
I've seen them sold in lots on ebay. For me, I'm usually only interested in one coin so it hasn't worked out very well. I'll probably give that a try though for at least some of them. Making a sequence is good idea where I can. What I'm trying to do is upgrade them all. Eventually, I want BU of all the Wheaties. Might have to dip into the low MS grades for some of the hardest dates though. A 1909-S VDB in MS 65 will probably never be in my price range.
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Valued Member
United States
63 Posts |
I'd try selling on ebay and start with$.99, as that always seems to attract people. Another idea is to include in your next garage sale.
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New Member
 United States
10 Posts |
I went ahead and did a few trial listings on ebay. I'll see how it goes. I may just get a separate "junk" bin and store my duplicates/unwanted items off somewhere. Wait for copper prices to go up and sell them for melt. :)
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Pillar of the Community
United States
651 Posts |
You could try Craigslist. Just be careful and meet in a public place. This is how I get rid of some of my lower valued items. Since there are no fees or shipping, common coins sell a lot easier and both the buyer & seller get a pretty good deal. It may take a while to unload your items depending on your market.
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Pillar of the Community
United States
7375 Posts |
Suggest selling them in small lots on ebay with .01 starting bid and free shipping. A true no reserve auction! You can get several in an envelope for the price of a postage stamp. You have lots of bidders, happy customers, and you'll make a few $s.
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Valued Member
United States
293 Posts |
43 Steel Cents that are rusted basically have one place to go === straight to the bank. All the other Wheaties what you do is put them together in mixed rolls and stick them in a local auction. Not only do you get rid of them but that's the place where you will most likely get the most money. Just make sure the auctioneer is sticking it in a sale with other collectibles not just a household goods sale.
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Valued Member
United States
105 Posts |
Why not pay it forward like your grandmother did? Maybe pick up some penny albums for the nieces and nephews and write their names on them. Tell them about their great-grandmother and give them a bunch of coins to sort whenever they visit. Make sure they get some keepers every time. When the album is full they can have it or sell it back to you. By that time they may actually be worth something and the kids might get turned on to collecting when they learn how rewarding it can be.
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Replies: 11 / Views: 1,951 |
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