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Located Large Quantity Of Wheat Pennies, Need Advise From You Pro's. (:
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<p>[QUOTE="John Burgess, post: 4887292, member: 105098"]I have no idea what you are trying to do for her, are you just going through it for better dates/coins you need, or are you trying to liquidate her pile of wheaties? and would like to keep some, sell others, and what's left of the commons,,,, sell?</p><p><br /></p><p>To get maximum value for them when you go to sell them, they have to be sorted. If it's not sorted, the LCS will call everything .02 each. I've made a chart but this isn't XL friendly for copy/paste from the cells so I'll try to format the info by hand. This is based on "minimum value" common coins in common circulated condition.</p><p>Some places are on the low side of the minimum values, some are towards the maximum. I've never found one that pays top cents though! LOL. the shops will sell them for more than these minimum values, like as a roll of 1916-1919 for $6.00, but they will take that roll, remove a dozen coins,, throw in a couple better dates from the teens and sell it for $10 or more, there's guys selling rolls like this on ebay for $15-$25 a roll.</p><p><br /></p><p>These are the only dates worth minimum value by decade, all other dates in the Teens-Twenties-Thirties are valued higher.</p><p> 40s and 50s are all minimum except these few noted circumstances.</p><p><br /></p><p>Teens-12 to 20 Cents</p><p>1916</p><p>1917</p><p>1918</p><p>1919</p><p>Twenties- 8 to 15 Cents</p><p>1920</p><p>1924</p><p>1925</p><p>1926</p><p>1927</p><p>1928</p><p>1929</p><p>Thirties- 4 to 7 Cents</p><p>1930</p><p>1934</p><p>1934-D</p><p>1935</p><p>1935-D</p><p>1935-S</p><p>1936</p><p>1936-D</p><p>1936-S</p><p>1937</p><p>1937-D</p><p>1937-D</p><p>1938</p><p>1938-D</p><p>1938-S</p><p>1939</p><p>for 40s and 50s, it's easier to tell you what's worth more than minimum (30s likely also should have been done this way)</p><p>Forties and Fifties- 2 Cents</p><p>1943 .05</p><p>1943-D .10</p><p>1943-S .15</p><p>"S" Mints .03</p><p>AU 40s+50s .05</p><p><br /></p><p><br /></p><p>Now, if left in a bulk pile, everything is going to be .02 each and the LCS will sort them for the better dates, and set up how they want to resell them with much harder work involved which is why "everything .02".</p><p><br /></p><p>What I do is sort and roll them up in this manner to maximize value for the common dates, I do the sorting for the coin shop, he's just going to verify it is what I said it is. I set aside anything that is worth more than minimum value to keep or sell separately.</p><p>I could stack rolls and sell them on ebay for top dollar, but I'd rather just dump for better than .02 each and not do the hard work of finding customers and shipping, let him do that part and resell and make that money, and I walk with my cash in hand without losing to a flat rate ".02 cents each".</p><p><br /></p><p>As far as paying your friend for what you want, same rules apply, a dealer/LCS is somewhere in this range for the commons, and better dates are worth what they are worth.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 4887292, member: 105098"]I have no idea what you are trying to do for her, are you just going through it for better dates/coins you need, or are you trying to liquidate her pile of wheaties? and would like to keep some, sell others, and what's left of the commons,,,, sell? To get maximum value for them when you go to sell them, they have to be sorted. If it's not sorted, the LCS will call everything .02 each. I've made a chart but this isn't XL friendly for copy/paste from the cells so I'll try to format the info by hand. This is based on "minimum value" common coins in common circulated condition. Some places are on the low side of the minimum values, some are towards the maximum. I've never found one that pays top cents though! LOL. the shops will sell them for more than these minimum values, like as a roll of 1916-1919 for $6.00, but they will take that roll, remove a dozen coins,, throw in a couple better dates from the teens and sell it for $10 or more, there's guys selling rolls like this on ebay for $15-$25 a roll. These are the only dates worth minimum value by decade, all other dates in the Teens-Twenties-Thirties are valued higher. 40s and 50s are all minimum except these few noted circumstances. Teens-12 to 20 Cents 1916 1917 1918 1919 Twenties- 8 to 15 Cents 1920 1924 1925 1926 1927 1928 1929 Thirties- 4 to 7 Cents 1930 1934 1934-D 1935 1935-D 1935-S 1936 1936-D 1936-S 1937 1937-D 1937-D 1938 1938-D 1938-S 1939 for 40s and 50s, it's easier to tell you what's worth more than minimum (30s likely also should have been done this way) Forties and Fifties- 2 Cents 1943 .05 1943-D .10 1943-S .15 "S" Mints .03 AU 40s+50s .05 Now, if left in a bulk pile, everything is going to be .02 each and the LCS will sort them for the better dates, and set up how they want to resell them with much harder work involved which is why "everything .02". What I do is sort and roll them up in this manner to maximize value for the common dates, I do the sorting for the coin shop, he's just going to verify it is what I said it is. I set aside anything that is worth more than minimum value to keep or sell separately. I could stack rolls and sell them on ebay for top dollar, but I'd rather just dump for better than .02 each and not do the hard work of finding customers and shipping, let him do that part and resell and make that money, and I walk with my cash in hand without losing to a flat rate ".02 cents each". As far as paying your friend for what you want, same rules apply, a dealer/LCS is somewhere in this range for the commons, and better dates are worth what they are worth.[/QUOTE]
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