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<p>[QUOTE="Steven B., post: 1951705, member: 71539"]Hello- This is an introduction of sorts and an overall general question I have regarding a coin collection I inherited that has been sitting idly for years. First of all I stumbled across this site doing some coin research and found it to be an informative and helpful site with members who are civil and willing to help novices. I appreciate that and look forward to reading the help already provided. That said, I will get to my general question.</p><p><br /></p><p>My coin collection goes back many generations and it has sat in my basement for years with little attention. In my effort to downsize before an upcoming move I took out the boxes to start sorting. Some of the coins are of value due to age and scarcity, and I know some that might have metal content of worth. That I can readily research before I go to a dealer. My question is to what to do with the volumes of older coins (mostly circulated Lincoln pennies and Jefferson nickels) that have little or no value. I have literally one hundred pounds of older Lincoln pennies and Jefferson nickels that have nominal value. If something is a few cents over face value do I just put them in a coin sorter at the bank or is there something else I should do with them? I think the coin sorter is my current option because I don't really want to do the effort to try to get 2¢ for a coin that might be valued at 4¢. I'm talking garden variety coins here, not those that have low mintage numbers or say the Jefferson nickels minted during the war years. Do I just cash them in at face value to get rid of them or is there something I am missing? I appreciate any responses and ideas for my search on this matter turned up nothing. Thanks for reading and I look forward to using this site as I weed through the collection.[/QUOTE]</p><p><br /></p>
[QUOTE="Steven B., post: 1951705, member: 71539"]Hello- This is an introduction of sorts and an overall general question I have regarding a coin collection I inherited that has been sitting idly for years. First of all I stumbled across this site doing some coin research and found it to be an informative and helpful site with members who are civil and willing to help novices. I appreciate that and look forward to reading the help already provided. That said, I will get to my general question. My coin collection goes back many generations and it has sat in my basement for years with little attention. In my effort to downsize before an upcoming move I took out the boxes to start sorting. Some of the coins are of value due to age and scarcity, and I know some that might have metal content of worth. That I can readily research before I go to a dealer. My question is to what to do with the volumes of older coins (mostly circulated Lincoln pennies and Jefferson nickels) that have little or no value. I have literally one hundred pounds of older Lincoln pennies and Jefferson nickels that have nominal value. If something is a few cents over face value do I just put them in a coin sorter at the bank or is there something else I should do with them? I think the coin sorter is my current option because I don't really want to do the effort to try to get 2¢ for a coin that might be valued at 4¢. I'm talking garden variety coins here, not those that have low mintage numbers or say the Jefferson nickels minted during the war years. Do I just cash them in at face value to get rid of them or is there something I am missing? I appreciate any responses and ideas for my search on this matter turned up nothing. Thanks for reading and I look forward to using this site as I weed through the collection.[/QUOTE]
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