I have 16,000 1950s wheats , 9,000 and counting 1940s 4000+ thirties and around 1500-2500 teens and twenties. How do you guys suggest that I sell the wheats? By decade? Just all at once? Where do I sell them , coin dealer? Ebay? Someone on the forum? Craigslist. Any help would be great thank you thank you !
This is just me: If I had a "good number" of higher-grade cents (VF and higher), I'd consider renting a table at a local coin show. If not, I would sell the higher-grade teens, twenties and thirties that I DID have as decade lots at ebay. The rest I would offer at Craigslist for a fixed price.
What is your time worth? Truly, from the list as written, I would suggest you blow them out by the most convenient method possible.
I would say on ebay you should be able to get at least 4 cents each if you call them a huge lot of unsearched wheat pennies .
I want to get them sold but I want to sell them for what they are worth I do not want to sell them for 1.5-2.5 cents each. I want around 4 cents each for the 40s and 50s . To achieve this do I sell the 40s and 50s as one lot or do i mix in all of my teens and twenties and thirties? And sell for around 5-6 cents each as a bag. I was offered 3.5 cents per 40 and 50 wheat 7 cents per 1930 wheat and 14 and 24 cents for twenties and teens respectively. I should have jumped on the offer but I hesitated to long.
I am not going to lie to people, I know that none of those lots are "unsearched". I looked for the key dates. I didnt however look for semi key date or high grade coins that are brown. I also did not look for errors. I would never list them as unsearched because that is not true.
That would be true if you didnt look for semi keys ad didnt look for errors that is what people hunt for in these lots so thier fore you could say that !! a
If you sell them on ebay, I think a good way would be to divide them by decade and roll them. Maybe sell the rolls of teens and twenties at $4.99 per roll, sell the rolls of thirties at $3.99 per roll and the rolls of fourties and fifties at $2.99 per roll. Maybe adjust the prices considering how much ebay charges. Just advertise them as unsearched wheat rolls.
Try an experiment. ebay. Pick a decade. Lay 100 of them out on your scanner bed 10 x 10 obverse, flip, reverse. Start the auction at $1.15 plus calculated shipping (what it will actually cost, buyer's choice FCP, PS, PM [or whatever methods you use] plus a small handling fee to protect you from subsidizing shipping cost because of fees on shipping) Indicate that they get the coins shown in the scans, and that you have a boat load more of these and that they can purchase additional lots at the winning bid price (as many as they want up to your stock on hand - pick a number which is only a fraction of your stock and still fits in a USPS Small Flat Rate Box, or even choose some other size box) with substantial shipping discounts, say 'please request a quote for how many lots you might want'. Shipping coins gets very reasonable in large weights and flat rate boxes. So the bidding runs up to I dunno, 2 bucks, 3 bucks or whatever - the winner orders how many lots he wants at the discounted shipping you quoted him. Let us know how that goes and decide for yourself if you like the results. No risk to you, big potential to sell your coins at a good price. Good idea might be to keep the scanned coins separate in a labeled baggie to avoid any issues. No possible cost or loss to you. Lather rinse repeat (with new scans)
Wait till you can melt us currency Pick out the good coins and wait. Sent from my iPhone using Tapatalk