What would you pay

[Saltman241]

750 wheat pennies. Unknown condition. Not sure what I should give for it.

 

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[jnb1994]

Depends on the years and the conditions really. More detail would be great

 

[usandthem]

Face value.

 

[BuffaloBoy]

3-4c each.

 

[MrSchulz]

2 Cents a piece. If you plan to flip them fast. If you plan to save them, 3-4 cents would be fine. Offer them $15 for all 750. Thats double Face value. Then negotiate nothing over $25. Thats what I would do. I always have luck with wheaties. I can pay up to a nickel per penny and still sell them on Craigslist and make a buck (in bulk).

 

[jnb1994]

Ya don't spend too much on them. They aren't worth nearly what I thought they were. I was offered 2 cents from a coin shop for a wheat that was in great condition. Then again since when do coin shops make good offers

 

[Nickel Searcher 219]

I am a well known customer at my local coin store and the owner will trade with me spot for spot.I trade him war nicks from coin roll hunting for morgans.spot for spot.The owner is an awesome dude.

 

[Nicholas]

I know the ebay near my house gives you a penny for each.

 

[jnb1994]

I am a well known customer at my local coin store and the owner will trade with me spot for spot.I trade him war nicks from coin roll hunting for morgans.spot for spot.The owner is an awesome dude.

Wow that's pretty nice. Unlike most of the coin shops around here

 

[Nickel Searcher 219]

Yeah i have been going there since I was 7 and now I am 17.He is a real nice guy and he hasnt ever low balled me or anyone i have seen him deal with.A woman came in with like 6 oz. In a mason jar wanting face value.and he paid her like 75-80% of spot.Her eyes lit up like a christmas tree.He is having heart problems now that he is 70+ years old.But his son works there too.

 

[SilverForBrains]

He sounds like a real good guy. Deal with coin shops, not pawn shops!

 

[jnb1994]

He sounds like a real good guy. Deal with coin shops, not pawn shops!

Ya plus I'm sure the fact that its a family business has something to do with it. The coin shop I've been going to is a 'chain' shop. I think its family owned somewhere way up there but they have maybe 10 locations. Its all about money there

 

[Nickel Searcher 219]

^^That is bad news.My local coin store owner didnt believe me when I told him I found 15 war nicks in circulation.He was like"theft is not good"But come round back around 11:30 and knock on the door 6 times.lol I am pretty sure he was kidding.I hope.

 

[ArkieBassMan]

750 wheat pennies. Unknown condition. Not sure what I should give for it.

I would pay up to 3 cents each just to search for key/semi-key dates. At no more than 3 cents each, you should be able to at least get your money back if you wanted to.

 

[Saltman241]

It was an estate sale auction. Came from a collection so while I couldn't inspect I was pretty confident there was no key dates. I took it to 25.00 which was already too high in my opinion and the winner go it for $37.50. Thanks for all the help. Not real sure what folks were thinking at this one they paid WAY over spot for everything, even though it was all obviously junk silver.

 

[BaronH]

2 Cents a piece. If you plan to flip them fast. If you plan to save them, 3-4 cents would be fine. Offer them $15 for all 750. Thats double Face value. Then negotiate nothing over $25. Thats what I would do. I always have luck with wheaties. I can pay up to a nickel per penny and still sell them on Craigslist and make a buck (in bulk).

I agree with Mr. Schulz. Especially assuming they have already been searched.

 

[sagittarius98]

I know the ebay near my house gives you a penny for each.

What?