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Thinning Out The Inherited Collection

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BiggDaddE's Avatar
United States
21 Posts
 Posted 12/17/2016  11:25 pm Show Profile   Bookmark this topic Add BiggDaddE to your friends list Get a Link to this Message Number of Subscribers
So about a year ago I inherited sarcastically 20,000 pounds of various coins. I have been slowly working through it, seperating, organizing, putting some in books, some in 2x2's and learning all I can. I am building a set for me, a set for/with my teenage son and a backup set. The most numerous of this inheritance is the lincoln cents 1959-1970. I have already scoured them for crazy noticable errors and specifically for the 55dd and pulled what I found.

Here is the crux: I am hard up for space and money. I can't hang on to roughly $100 face value worth of these cents that do not seem to have any real collector value. However, they have all been sealed in plastic tubes within thick bank boxes for the past 50 years and are all roughly mint condition. And I mean SPARKLY.

Do I:
A) Toss them in the coinstar and cash them in putting thousands of near mint peices back into circ?
B) Try to peice them out by the roll on ebay and see if I can get a premium?
C) Something other....?

Thanks community!
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CelticKnot's Avatar
United States
12817 Posts
 Posted 12/18/2016  12:57 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
to CCF BiggDaddE!

For starters, pictures always help us determine the best course of action. Plus we just like ing over your collection.

There are some folks here that are experts on cents and should be able to offer some good advice for you.
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cwb's Avatar
United States
3463 Posts
 Posted 12/18/2016  01:02 am  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
to CCF!

Pictures are always helpful.

BU rolls always bring a premium, so don't put them in a coinstar. Also, if they are original bank wrapped rolls, don't open them.
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thecoinguy1964's Avatar
United States
1307 Posts
 Posted 12/18/2016  07:52 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I'd love to see what 20,000 lbs of pennies looks like.
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trout1105's Avatar
Australia
7096 Posts
 Posted 12/18/2016  08:12 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I'd love to see what 20,000 lbs of pennies looks like.


Me too, just over 9 Metric ton's of coins would make an impressive photo
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BiggDaddE's Avatar
United States
21 Posts
 Posted 12/18/2016  08:20 am  Show Profile   Bookmark this reply Add BiggDaddE to your friends list Get a Link to this Reply
Something like this I would imagine....lol

Thinning-Out-The-Inherited-Collection
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 12/18/2016  08:33 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Do not throw them into coin star or the bank . from what you are describing they are BU rolls of various dates . there are many collectors like me who are into BU rolls of Lincolns .
BTW , To CCF .
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 12/18/2016  08:51 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Sounds like a great work in progress.

As has been mentioned, photos would really help us give you more informed recommendations.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 12/18/2016  12:17 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
If you are willing to accept face value, please consider finding a local coin club or coin show and selling them for face value to a collector or a dealer so that the coins will stay in AU and BU condition.

Once you dump them they will never be the same.
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acloco's Avatar
United States
3540 Posts
 Posted 12/18/2016  12:37 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Post pictures of what you have. This info will help in making a decision.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 12/18/2016  4:34 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
20,000 lbs..
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/18/2016  4:39 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Good grief!



to the CCF!
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Debrajc's Avatar
United States
4211 Posts
 Posted 12/18/2016  7:24 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply


Wow...talk about overwhelming!
No, please do not just dump them in a coin star.
at least a few
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Jovian's Avatar
United States
147 Posts
 Posted 12/18/2016  7:29 pm  Show Profile   Bookmark this reply Add Jovian to your friends list Get a Link to this Reply
Holy (all kinds of stuff)! The last thing to do is Coinstar. The second last is the bank. Pics....
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BiggDaddE's Avatar
United States
21 Posts
 Posted 12/18/2016  7:40 pm  Show Profile   Bookmark this reply Add BiggDaddE to your friends list Get a Link to this Reply
Ok ok, here is a taste of what I was talking about....

Thinning-Out-The-Inherited-Collection

Thinning-Out-The-Inherited-Collection
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 12/19/2016  3:23 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Yummy yummy yummy!
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