I posted a wanted on Craigslist looking for Wheat Pennies and got a email from a guy with the following for sale. I paid $260. for the following: 1805 Large Cent About Good 1809 Large cent Good 1828 Large Cent Very Good 1832 Large cent Very Good 1835 Large Cent Fine/Very Fine 1837 Large Cent Very Fine 1838 Large Cent Very Good 1843 Large Cent Good 1843 Large Cent Very Good 1845 Large Cent Very Fine 1847 Large cent Very Good 1850 Large Cent Very Good 1851 Large Cent Fine 1853 Large Cent Very Fine 1854 Large Cent Very Fine 1851 Half Cent G/VG 1828 Half Cent Good Was this a good tell or not?
jcakcoin the funny part of this is he has a box of coin's his grandfather left him that he say's is so heavy he can not lift it! He told me I could look through it and pick what i want to buy if I would help him sell it all. He has no idea what he has. I am meeting him a week from today!
Hopefully you know they are not " Wheat Ears Cents " . Each coin must stand on it's own merits and without pictures it's unreasonable to say one way or another . What that seller may have considered VG , may in actuality be only AG . So it's unreasonable to weigh in as far as " Good or Not " . And there is added uncertainty as is suggested by the previous reply.
stepthenwho, I agree with G_man here. If you have the resources buy the whole box. As for the price it wouldn't be bad idea to do a little homework first so YOU know what your buying. To answer your question. If those grades are accurate, your looking at a value in the 600-700 dollar range. You got a STEAL. CONGRATS. You should be celebrating. If you decide to sell them BE SURE you know what each one exactly is, because several of those dates have different varieties and could be worth more than what you think. Keep us posted.
I thought I would throw this out there you guy's will get a laugh at this! When I showed up at this guy's house to buy the large cent's, while looking at the coin I asked the guy where he got them ( I don't like buying stolen coin's). He say's his grandfather died and left him a large collection and he doesn't know what he has or what they are worth. He say's I took $100 worth of silver quarter's to the coin dealer and sold them! I asked him how many time's face do the dealer give you? He say's 4X face!!!!!!!!!!! Stupid me not thinking say's the dealer suckered you! That's when he asked me to help him sell the collection. I should have kept my mouth shut! Again I have not seen the collection! A week from today I know my mouth will be drooling looking through the box. I know you guy's say buy the hole box I have about $1000 put a side. I'll be going after the rare stuff first! I am so afraid that he will change his mind! Next Saturday can not come quick enough! I will keep you all posted!
Here is a little piece of information you may want to familiarize yourself with.http://www.williamyoungerman.com/numismatics/numismatics_code.htm Most of us who enjoy this hobby , also adhere to these ethics , as a member of A.N.A. or any other Numismatic Association.
