I have some older wheat cents and jefferson nickels that I am thinking about selling. I do not collect either one and since I am not getting any younger, selling them to someone who wants/needs them sounds good. My question is how do I go about putting a price on them? I am planning on making a list along with the grade I think they are and the price and posting it here. I have graded them myself and if I had a doubt I went with the lower grade. I thought about Numismedia Online FMV but thought I would post here and get some more opinions. Thanks in advance,
Numismedia can guide you but your valuation should be considerably lower. Numismedia provides an estimate of the retail value for NGC-graded coins. There is a value add for the grade opinions of experts, the protective slab, and the NGC guarantee. Still, it will put you in the ball park. So will the Redbook. If you have any scarce, valuable coins (let's say worth more than $100) you might benefit from having them TPG-graded first. Lance.
Thanks, none would be even close to $100.00, more like a $1.00. Looking through some of them now and I see 2-1909 marked Fine, 1913 VF+, 1916S-Fine, 7-1927-S 5 of which are Fine and 2 VF and so and so. No key dates. 1955D AU and EF. I guess I could check E-Bay and see what they are selling for.
If your grades are close, I would not sell them. Till you list them, pay fees, and your time, IMHO you'd be lucky to make 5 bucks. Maybe you have a family member, a child perhaps this would be a great start and introduction to coin collecting.
You could be correct. Even though I have alot more than what I listed it may not be worth the trouble. :smile
The most realistic price guide is the CDN Gray Sheets. You can download the monthly suppliment that has Lincoln prices for like $4: http://www.greysheet.com/
I've been buying uncirculated mint sets on EBay lately (to fill in the years I'm missing from the collection I inherited from my dad) but browse around, from what I can tell, non key date Lincolns and Jefferson's aren't fetching much, but then again some sellers are starting the bid or buy it now way too high, more than they're actually worth. So it's likely not worth your time or money to list these in hopes to make much from them.
a couple of options. 1 - take a picture of the best coin in your lot and then sell the entire lot on the 'bay with a picture of your best coin and then text describing the remainder. 2 - put them into a roll with your best coin on the end and take a picture of the roll with the best coin showing and title it "full roll of unsearched wheat cents with a beautiful 1927s on the end".... you may be surprised how much your get ; )
