Selling Rolls Of Wheaties - Coin Community Forum

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Author	Replies: 6 / Views: 966
Bookwus New Member United States 3 Posts	Posted 02/14/2008 02:46 am Hiya All, I got some great advice on what to do with my late father-in-law's coins. I'm almost finished with an inventory of his Wheaties. His collection starts with partial rolls of coins from the teens (not too many of these), and partial rolls from the twenties. Full rolls from the thirties, forties and fifties. In the forties and the fifties he has rolls of D, S, and Philly for most years. Multiple rolls for some years. So, I guess I'm asking, are there collectors who want to buy rolls from specific years? I would think that these would be of interest on some level - most of these were rolled at least fifty years ago. What do you all think? Report this Post to the Staff

j_h_s Pillar of the Community United States 1934 Posts	Posted 02/14/2008 06:25 am Currently, on ebay, there is a bid for $10 for two rolls of my early Wheat cents (1910 - 35) in VG - F condition...that's $5/roll or ten cents a coin. Previously, I've sold later Wheats for up to $3/roll (or six cents a coin). I have sold rolls of one date (later Wheats) for around two dollars a roll. So, there is some demand for one-date rolls. That demand does not guarantee a good price. And costs associated with selling on ebay can greatly eat into the profit margin. I'll say this: you'll get substantially more for your rolls of 30's than your 40's and marginally more for your 40's than your 50's. For example: "good" condition coins: early 30's coins, not including key/semi-key dates, can have a value between 15 and 100 cents. later 30's coins, not including key/semi-key dates, can have an average value of 15 cents/coin. 1940's coins have an average value of about 5 - 6 cents 1950's coins have an average value of about 5 cents. So, given that hypothesis and information, the cost of selling and shipping them can diminish your returns greatly, as the coins' dates get more recent. The "condition" or grade of the coins is a very important factor, too. After you post 50 posts here you'll be eligible to negotiate with anyone on this forum. I hope this information is useful and/or answers some or all of your questions. Report this Post to the Staff
mahgobbi Pillar of the Community United States 549 Posts	Posted 02/14/2008 09:06 am Your coins may have more value than typical rolls of 40s and 50s coins. Do some spot checks on condition...you might find you have mostly AU or better coins, since they were rolled so long ago. If you have mostly bright red cents, they will be worth significantly more than the typical $.06 each. Report this Post to the Staff
Bookwus New Member United States 3 Posts	Posted 02/14/2008 10:56 am **********Coins for Dummies Seminar******************** Hiya mahgobbi, Uh............. AU? "bright red cents"? Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 02/14/2008 11:04 am translation AU= almost uncirculated (a coin with very little wear showing) bright red= color condition of a copper cent just after minting(an old coin that still displays full copper red is more desirable than a brown copper coin) If he was picking these from circulation at the time, many of them might be in these conditions and would be worth more per roll than regular worn brown wheat ears. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 02/14/2008 11:18 am I suggest you purchase a book on coins. The Red Book would be OK. If you don't want to spend a lot of money try used book stores, flea markets, garage/yard sales for an older one. The main thing here is to find out what grades and from which Mints your coins are from. Then too there are numerous coins that may be worth hundreds or even thousands of dollars. For example if you should have a 22 Plain, 55 Double Die, 14D, etc. you could well have coins worth a lot of money. Then too if you really want to check out what you have try a search of https://www.coppercoins.com You should really know what you have prior to attempting to sell them. Report this Post to the Staff
gussyboy1 Valued Member United States 174 Posts	Posted 02/14/2008 11:25 am OR another alternative would be to hurry up and get your 50 posts in and sell them to us eager beavers here on the forum! Gussyboy1 Report this Post to the Staff
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