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New Here...just Received A Bunch Of Old Coins.

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New Member

United States
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 Posted 09/22/2017  4:44 pm Show Profile   Bookmark this topic Add MelJ29 to your friends list Get a Link to this Message Number of Subscribers
Hi everyone! My name is Melissa. I recently acquired a collection of old coins. I haven't even come across one from the year I was born! The oldest is a 1916 mercury head dime and the newest is a 1982 penny. I'm obviously not a collector so I have been researching values, etc. I of course went to ebay, but that has confused me. Why would someone pay thousands and thousands of dollars for a Lincoln Wheat cent when there are others for sale, same year, mint, etc. For less than a dollar? I just don't get it! I'm pretty sure I have some reasonably valuable coins, but I have no idea where to sell them or to even get an accurate valuation since ebay seems to be all over the place. I have about every denomination it would appear. Any advice and or guidance will be greatly appreciated! Thanks! #9786;
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John1's Avatar
United States
56855 Posts
 Posted 09/22/2017  5:05 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Enjoy.
John1
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Dorado's Avatar
Canada
24885 Posts
 Posted 09/22/2017  5:42 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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WheatBackPenny's Avatar
United States
406 Posts
 Posted 09/22/2017  6:30 pm  Show Profile   Bookmark this reply Add WheatBackPenny to your friends list Get a Link to this Reply


Be sure to post pics of the coins!
Edited by WheatBackPenny
09/22/2017 6:31 pm
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owatchman's Avatar
United States
1494 Posts
 Posted 09/22/2017  6:58 pm  Show Profile   Bookmark this reply Add owatchman to your friends list Get a Link to this Reply
. And welcome, MelJ29!
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United States
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 Posted 09/22/2017  7:04 pm  Show Profile   Bookmark this reply Add Mac1971 to your friends list Get a Link to this Reply
Welcome, put some pictures up :) please.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 09/22/2017  9:22 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
to the CCF!
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 Posted 09/22/2017  9:31 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
To CCF

New Member
United States
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 Posted 09/22/2017  9:55 pm  Show Profile   Bookmark this reply Add MelJ29 to your friends list Get a Link to this Reply
Thanks everyone! I will post pics. Do all of you recommend selling on ebay or is their a specific place for coins?
New Member
United States
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 Posted 09/22/2017  9:56 pm  Show Profile   Bookmark this reply Add MelJ29 to your friends list Get a Link to this Reply
Sorry "there" Not their.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 09/22/2017  9:58 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
Instead of posting a correction, please read this CCF FAQ about editing your post the next time:
https://www.coincommunity.com/forum/faq.asp#edit
Pillar of the Community
United States
1326 Posts
 Posted 09/22/2017  10:10 pm  Show Profile   Bookmark this reply Add otto to your friends list Get a Link to this Reply
MeIJ29, you should learn where the mint marks are on the types of coins you have. Anyway, thanks for posting.
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 Posted 09/22/2017  10:15 pm  Show Profile   Bookmark this reply Add MelJ29 to your friends list Get a Link to this Reply
I know where all of the mint marks are. My original question was what makes a Wheat penny worth thousands versus less than a dollar? Everything from year to mint to condition appear to be the same.
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 Posted 09/22/2017  10:15 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Do not clean your coins and
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 Posted 09/22/2017  10:18 pm  Show Profile   Bookmark this reply Add MelJ29 to your friends list Get a Link to this Reply
@TheNickelGuy...thanks! I almost did and then discovered collectors don't like that.
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WheatBackPenny's Avatar
United States
406 Posts
 Posted 09/22/2017  10:36 pm  Show Profile   Bookmark this reply Add WheatBackPenny to your friends list Get a Link to this Reply
Mel- there are many factors in what makes a coin valuable. For one, condition is a major part. A coin in G4 will be worth much less than a coin in MS64. Another thing is what the buyer will pay. There are many cases of high-grade common coins selling for thousands.
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