Boxes And Boxes Of Modern Coins

I think the site has got the balance about right.

By allowing just anybody to sell/buy/trade there would be problems with fly by nights and scammers. By restricting this to people who are committed enough to make the required posts they limit the trading to enthusiasts who will stick around, value their reputation and largely very few problems are encountered.

ebay is the obvious place to offload cheap items, but if they are really cheap maybe you could study them a bit and find some interest yourself. If your father spent his lifetime acquiring and collecting these things maybe there is something to it.

So we may lose out on a few bargains, but also on counterfeits and people taking money and never visiting a post office.

This general subject has come up in a number of prior threads, that is, the problem of disposing of large numbers of relatively low value items and getting a reasonable return.

The basic issue here is the time required to identify, package, and price the item versus the expected return.

If you sell to a dealer, he/ she would have to put in the time to identify, price and package, which eats heavily into the profit margin, thus many coins end up in a "junk" bin for 10-25 cents each, so they need to be purchased at 3-10 cents each ($3-10 per pound). Also, many low value coins are very hard to sell, simply because they are so common everyone has one. A dealer will not spend an hour to process 100 coins that sell for 50 cents each and of which he already has 100 of.

If you want to get a better return, you have to put in the time yourself, sell them yourself on ebay or set up a table at a local coin show, or join a club and sell to some of the members.

We might be able to advise you of potential value and the best strategy to sell if you send us a picture of some.

Check the Sacagaweas for the Cheerios version

thanks edweather ...
I'll check on the Cheerios : )

If you have a local coin shop anywhere near you, it wouldn't hurt to haul some of the items you think are good and see what the retailer might have to say.

Often, they will already have tons of the type of items that you have listed and you will be able to see them for sale. That will help you appreciate what items actually sell for.

You seem to feel that we should make this site exist to buy and sell, that's actually an edge use case and one that - given the grief it's caused - Bobby would happily dump.

Secondly while you're almost certainly a fine upstanding individual your words are exactly the same words that somebody less honest would use. And the site members lack the ability to that individuals other than by the words and information they share getting to that 250 postage number.

Best of luck and we do hope you stay around it sounds like there's a lot we could teach you and maybe some stuff we can learn from you.

@paradis, if you are keeping "hundreds of silver proof sets", then I think you may be on your way to being a hoarder too.

On a serious note, recently minted proof sets might be a good target for unloading as much of their value comes from the silver content rather than rarity and condition. Sure, keep 5 or ten of each year if you want, but I bet that you could unload those fairly easily because they are a known item. Just my Two Cents.

Glad to have you in the fold as a numismatist!