Do Local Coin Shops Buy Wheat Cents?

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Author	Replies: 7 / Views: 1,212
Novelhunter New Member United States 26 Posts	Posted 09/19/2019 10:38 pm Not key dates, but nice red+brown luster, and not cleaned, lets just start with 1925 p,d,s to 1958 p,d,s, Would the coin shop be interested? If so, what would be an acceptible offer ? All your input helps. Thank you Report this Post to the Staff

GrapeCollects Pillar of the Community United States 8938 Posts	Posted 09/19/2019 11:43 pm I work at an LCS, we would absolutely buy this. 1925PDS-1958 Date and Mint Set we would more or less pay per coin. For bulk we pay 2x face. For something like this, it would be down to the quality of the individual coins. Report this Post to the Staff
Johnsonr29 Valued Member United States 139 Posts	Posted 09/19/2019 11:46 pm Only if they can get it for 1/4 to 1/3 of what they can sell it for. Just like all coins you take to one. Sell it yourself or basically you will just be giving it away. Report this Post to the Staff
westernsky Pillar of the Community United States 7624 Posts	Posted 09/20/2019 12:47 am All depends on the shop, their inventory and how fast they can move it out. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 09/20/2019 01:10 am Westernsky nailed it. Just like any store, the better the items the higher percentage they will pay. Most CS have enough 40's and 50's Wheat to fill barrels with. They don't want more unless they have a buyer looking for varieties or errors. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 09/20/2019 09:02 am So many that they're often scattered around on the floor. Report this Post to the Staff
GrapeCollects Pillar of the Community United States 8938 Posts	Posted 09/20/2019 09:12 am Coinfrog doesn't know how true that is.... Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 09/20/2019 09:13 am It all depends on what you mean by no key dates. Is that just the 31-S. 25-28 D and S in red brown uncirculated are valuable. If you had a 26-S in red brown, that's significant dollars - could be a thousand dollar coin. 31-D in red brown uncirculated is valuable - $100+. 32-34 D, 35-39 D and S are $10-20 each in red brown uncirculated. 40s and 50s are maybe worth $50 in total. My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Edited by KenKat 09/20/2019 09:14 am Report this Post to the Staff
	Replies: 7 / Views: 1,212

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