Hello to all here on the forum! I have several coins that I inherited and I do not know much about collecting or selling them. I would very much appreciate some assistance. I dont want to go to the local coin shop and not know what I have or what its worth. The people here seem very knowledgeable. I will post a few pics to get started but i have quite a few.. All of the pennies are wheat pennies of various years. Help!
Welcome to CT, Nancy. There is no way to give you an idea of what these are worth with the "group photos." We would need to see front and back of most coins in order to know the date and mint mark, as well as condition. From the way you may have received them, loose without holders, I am guessing that you might not want to quit your day job. There might be some pieces that would give you bullion prices (e.g. the Walking Liberty and some of the Kennedy half dollars). For a start, how about giving us a close up of the 1927 Buffalo nickel?(Google it for an image) Steve
Thank you for your reply! Ill keep my day job for sure Here is a close up of the coin you requested and I will start working on the other photos and post as I get them done.
Thank you for the photo, Nancy. I was hoping, for your sake, that it was 1927-D, but the lack of a mint mark below the buffalo (bison) on the reverse means it is 1927-P (Philadelphia mint). It is only worth a couple of bucks. Steve
We love to help folks here. With the Lincoln cents, you will need to look at each coin to figure out the values. Most are going to be worth only a few cents each but there could be something special in the pile. If there are not too many, you could make a list of the dates and mint marks and post the list. We can point you to the ones that may have more value. Welcome to CT.
If only one of these would have that special mark or thing that makes it super valuable that would be amazing. If not its been really fun looking at the old coins and learning about them anyway. I may have a new hobby on my hands here. Here are the photos i have so far.
At a minimum... Average circulated wheat cents in bulk sell for 2-3c each, maybe a bit more if the pile seems to have better dates based on a quick look-see. Coins that were counterstamped and glued to paper after they leave the mint are worth 1c. Maybe a bit more if it's really rare counterstamp, but there aren't a lot of collectors for that. The silver coins (1964 and earlier) sell based on the current price of silver. Some of the Eisenhower dollars (big coin, bald guy) and Kennedy half dollars from 1965-1971 and 1976 are made of lower fineness silver and have at least some silver value.
The 1945-D is called a war nickel, minted during WW II, containing 35% silver. You might get $0.75 to 0.85 from a local coin shop, as it's worth is $0.93 today. The melt value on the walking liberty half dollars is $6.00, so asking $5 to $5.50 is reasonable. The two buffalo nickels are extremely common, less than a dollar a piece (they are the type used in jewelry). I'm not an Ike guy so I'll let someone else comment. Idhair's comment, above, is a good one for the Lincoln cents. Just list the dates and whether there is a mint mark, either an S or a D or if there is nothing, list it as a P. Steve
Welcome to CoinTalk! You will find we are all willing to help new people to the hobby. If you do decide to keep it up, get yourself the book "A Guide Book to United States Coins" also known as the Red Book. Amazon lists the 2020 edition for $10.97 right now. It will help you a lot and most everyone on this forum has an edition or two.
Nancy, I just had a thought. You have a variety of 20th century coins. There is a type of collection called a "type set." One example of each type of coin minted, instead of trying to put together a set (every year, or year and mint mark). You have the beginning of a type set already; if you Google a seller of coin collecting supplies, such as Amos or Coin Zip and look for a "Type Set Album" you would get an idea of the type of collection you could build for very little outlay. Who knows, it might spark an interest for coin collecting in others, such as children or grandchildren (if you have any of those). Your local coin shop(s) are likely to have albums, inexpensive or otherwise, in stock and you could look up what you are missing "in your copy of the Red Book." Steve
@Nancy alicea, welcome to CT! & congrats on your journey into the world of "coin collecting". The suggestion by @John Skelton above regarding the "Red Book" is great advice. You will be impressed with the amount of information to be gleaned from it, but since the coin "values" posted in it are useless, it doesn't have to be the latest edition. If it's in the last 2-3 years that's OK & you can find them at used book resellers. (Mine is a 2015 edition & I have no plans to upgrade yet.) Even if you don't plan on continued collecting, it's still a great read regarding US coinage. Have fun! Btw, Stevearino's suggestion to start a "type set" is a great idea! @Stevearino, Lutefisk?