Wheat pennies worth

Discussion in 'What's it Worth' started by Nicole0123, Feb 7, 2014.

  1. Nicole0123

    Nicole0123 New Member

    First time poster and coin novice -

    I have the following wheat pennies in Good to Very Fine condition, and I'm looking to sell them. I feel like I'm getting an low ball offer, so I was hoping for some advice here.

    Listed as Year (number of rolls)
    1927P(9), 1925P (7), 1920P (10), 1919P (19), 1919S (1), 1918P (6), 1918D (1)
    1930P (12), 1936P (1), 1939P (1), 1940P (7), 1941P (7), 1942P (5), 1942D (1), 1942S (1),
    1944P (12), 1944D (5), 1945P (10), 1945D (3), 1946P (7), 1946D (4), 1947P (7), 1947D (2),
    1947S (28), 1948P (1), 1948D (1), 1948S (1), 1949P (1), 1949D (1), 1949S (1),
    1950P (2), 1950D (5), 1950S (1), 1951P (1), 1951D (8), 1952D (8), 1952S (1), 1953P (1),
    1953D (9), 1953S (1), 1954S (1), 1955P (1), 1955D (8), 1956P (1), 1956D (16),
    1957D (17), 1958P (1), 1958D (12)

    Thoughts on how much this whole lot should go for?
     
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  3. saltysam-1

    saltysam-1 Junior Member

    What was the offer? It would be easier to determine if it was fair, rather then trying to figure out all the separate values for a total. That's the bottom line for you, regardless.
     
    BUncirculated likes this.
  4. Nicole0123

    Nicole0123 New Member

    Good point, the offer was $450. I'm not sure what I should counter with.
     
  5. saltysam-1

    saltysam-1 Junior Member

    He is offering around 3 1/2 cents per coin. Unless there are some error coins among them, for good and very fine coins that's not all that bad. I would try and counter at 4 1/2 cents each ($550=$595). Maybe settle for $500-$525? There is always eBay but it could take forever to sell them piece meal and then pay all the charges. They way things are going, there may be the question of taxes on items sold on eBay. My accountant asked if I had any sales to report from their site this year. Never heard this question asked before.
     
  6. Nicole0123

    Nicole0123 New Member

    Thank you very much SaltySam. I think that's a great idea. I appreciate your opinion and agree with you about eBay. Thank you again!
     
  7. jello

    jello Not Expert★NormL®

    Good luck getting that offer :) on here in our sale area.
    It will be more like $4.50 or a eBay price or melt$ even graded.
     
  8. jello

    jello Not Expert★NormL®

    That just my experience .

    */*
     
  9. Nicole0123

    Nicole0123 New Member

    Jello,
    I got the $450 offer else where, not this site. Do you think that is a good offer?
     
  10. beef1020

    beef1020 Junior Member

    Honestly 3 1/2 cents a coin is a pretty good price for these, I would not pay more than 1.5 times face for the 1950's coins in general. So 3 1/2 on all of it seems like a really good price.
     
    Nicole0123 likes this.
  11. carboni7e

    carboni7e aka MonsterCoinz

    I'd check the 1944 D for D/S then sell them like a hot potato.
     
    Nicole0123 likes this.
  12. Nicole0123

    Nicole0123 New Member

    I will! Thanks!
     
  13. jello

    jello Not Expert★NormL®

    Yes with a 1-2 or could but grade is key die variety wise maybe more.:)
     
    Last edited: Feb 7, 2014
  14. Clutchy

    Clutchy Well-Known Member

    For a sight unseen lot, I would say it's a fair offer. 1942 and newer are so common that melt value would be expected, unless they are clean, even toned gradable coins. I agree with saltysam's counter offer and settle.
     
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