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Replies: 20 / Views: 3,057 |
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New Member
United States
0 Posts |
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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Moderator
 United States
56855 Posts |
 to CCF. Enjoy. John1 
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Bedrock of the Community
Canada
24885 Posts |
 To the Forum.
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Valued Member
United States
406 Posts |
 Be sure to post pics of the coins!
Edited by WheatBackPenny 09/22/2017 6:31 pm
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Pillar of the Community
United States
1494 Posts |
 . And welcome, MelJ29!
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Valued Member
United States
168 Posts |
Welcome, put some pictures up :) please.
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Bedrock of the Community
Canada
11922 Posts |
 to the CCF!
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Rest in Peace
United States
18456 Posts |
 To CCF 
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New Member
 United States
0 Posts |
Thanks everyone! I will post pics. Do all of you recommend selling on ebay or is their a specific place for coins?
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New Member
 United States
0 Posts |
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Moderator
 United States
14463 Posts |
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Pillar of the Community
United States
1326 Posts |
MeIJ29, you should learn where the mint marks are on the types of coins you have. Anyway, thanks for posting.
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New Member
 United States
0 Posts |
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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Bedrock of the Community
United States
10284 Posts |
Do not clean your coins and 
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New Member
 United States
0 Posts |
@TheNickelGuy...thanks! I almost did and then discovered collectors don't like that.
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Valued Member
United States
406 Posts |
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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Replies: 20 / Views: 3,057 |