Bulk wheaties, more questions

Hi there, new member! Posted an intro if you want to know more about me.

Long story short, I inherited a coin collection decades ago and it's been sitting alone in the basement since then.

Among them are about 12 pounds of wheaties (there may be a few memorials mixed in, but probably less than 1% of them). I estimate something like 1,500 - 2,000 of them.

1) What should I do with them? Sell them in bulk? Try and go through them all and catalog everything? Search them all looking for particularly valuable printings? If I sold them in bulk what's a fair price?

2) I think my ultimate goal is to sell most of the collection and start a 10th-anniversary vacation fund. What's the best way to go about getting a good price? Take it to local stores? Post it as a lot on ebay? Sell some individual pieces? Should I try to get any of them graded? I've cataloged what I think are the pieces with significant value over face value (silver halfs and dollars, indian head pennies, barber and mercury dimes, buffalo nickels, a half dime, a flying eagle cent).

3) I have maybe 40+ foreign coins. Most of them are from the 70's and 80's, but I do have a few British coins from the early 20th century. Should I keep these separate? For anything worth just its face value is there an easy place to get them all converted?

Any suggestions on moving forward would be much appreciated

 

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"including about 12 pounds of......."? silver? gold? platinum?

 

I think they mean 12 pounds of wheat pennies, as stated earlier in the post.

 

Oops, that was a paste from an earlier version of the post left as a remnant. Cleaned up Yeah, 12 pounds of pennies. I had fun with my kid with that one.

Me - "Pennies are light, right? Hardly weigh anything"
Son - "Yeah, they almost don't weigh anything!"
Me - "Here, hold this" (two quart bags of pennies)
Son - "OOOOOOOOOOOOF"

 

Thanks for clearing that up.

Pennies are the only coins I keep at home. If I have a break-in, the cops just have to look for the crooks with the bad backs and hernias. If they want to haul off 80 lbs. of pennies, all the power to them.

 

I would search through them all personally. Try and find anything valuable and organize those that aren't. I would also probably keep them all, so I dunno if my input is what your looking for.

 

Any decent quick guide out there for the pennies to keep an eye out for?

 

I like to compare them to this

http://www.ngccoin.com/poplookup/NumismediaPricing.aspx?PopSubCatID=99&Designation=MS

but for it to be a valuable guide, you may need to at least have a basic understanding of how they are graded.

If that doesn't work, just go to ngccoin.com and look for the price guide.

 

Your link doesn't work, SWThirteen.

For varieties and errors you could try here:

http://doubleddie.com/144822.html

 

Really? It works for me. I'll try again.

 

It must be because you are signed it to it. I get something I have to download which I won't do.

 

Worked for me, thanks!
I remember some of grading from when I was a kid.
But if I'm just looking for the ones that are more valuable than others, I don't think I'll need to be able to grade expertly yet.

 

Must be my firefox then. Sorry, for the confusion.

 

No problem

 

Are you gonna sell your pennies in bulk?

 

Yeah, probably. I don't have the time or patience to go through them all. I counted out 300 of them (in stacks of 20) and then tried to make roughly equivalent piles, came up with about 2,100.

 

I sent you a private message...