I dont even know where to start with this huge Coin purchase

[Joe777Cool]

Made a nice purchase recently from an estate sale. Bags and bags of wheat cents, tubes with all different years, probably 1000 steel cents. Been searching through 4 totes for a few days now and have found a few cool things..... 2 1909 vdb cents, Colonial paper notes, 20-30 Indian head's, war nicks, a whole bunch of foreign coins, a few silver coins (1 German States 5 Mark worth about $100), and a bag of wooden nickels.



I just dont even know where to start with this 5 gallon bucket 3/4 full of wheat cents.... sort by decade then by year/mint mark? Probably gonna take me a month + to go through all these if my wife doesn't kill me first!!

 

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[Silver Worm]

Wow, what a haul!

 

[inspectorgadget]

Nice!! Mind me asking what you paid for all that?

I bought $150 in wheat pennies all separated in tubes by date at an estate sale about a year ago. Was 3 lots of $50 worth, paid $60 for each box of $50 worth with no sales tax but a 10% buyers premium. So $196 all said & done. I sold them all to 1 person for $300 a few days later. I got tired of going thru them & had way to much else going on at the time.

 

[Joe777Cool]

I have $250 into the collection.

 

[brhalltx]

Nice.

 

[CladSpends2]

If you don't mind me putting in my "two cents worth", pun intended, I would not separate and then roll the wheats by year and mint mark. Leave them as a mixture when you roll them for re-sale, if that is your plan. It has been my experience that people do not all want one yr and mint mark. The occasional person looking for just their or a loved one's birth yr is greatly out weighed by those looking for the fun of going through them for themselves. Even in the event you tell them, I have checked for rare dates, they are more likely to buy for a small sum, 2-4 dollars, a roll of mixed date common wheats. I think they imagine the thrill of finding something you have missed or maybe there will be a well worn IH left behind. Others may disagree, but that is my honest findings and will save you many hours of separating the coins. Personally, I would still check every darned one of those cents, but I would just put them aside once it is verified they are "commons" and then roll 'em as they come. Hope this helps you.

T.

 

[Joe777Cool]

If you don't mind me putting in my "two cents worth", pun intended, I would not separate and then roll the wheats by year and mint mark. Leave them as a mixture when you roll them for re-sale, if that is your plan. It has been my experience that people do not all want one yr and mint mark. The occasional person looking for just their or a loved one's birth yr is greatly out weighed by those looking for the fun of going through them for themselves. Even in the event you tell them, I have checked for rare dates, they are more likely to buy for a small sum, 2-4 dollars, a roll of mixed date common wheats. I think they imagine the thrill of finding something you have missed or maybe there will be a well worn IH left behind. Others may disagree, but that is my honest findings and will save you many hours of separating the coins. Personally, I would still check every darned one of those cents, but I would just put them aside once it is verified they are "commons" and then roll 'em as they come. Hope this helps you.

T.

That's what I think my plan is. Right now I'm separating by decade so I can then check for key dates and errors. Once I have gone through all of them and checked for rarer ones I'll probably sell in lots on Ebay.

 

[Mackaydon]

If there are any foreign that you can't ID, you may wish to post them here.
Don.....

 

[diggummup]

Nice haul, reminds me of the 100 pounds of wheats I bought last year for $1 a pound.

 

[one more dig]

your wife is probably glad it will keep you out of her hair. lol!! just joking. that's a nice find hope you got a good deal on it.

 

[palidin20603]

How much of this hoard are you trying to sell vs. keep?

 

[Joe777Cool]

How much of this hoard are you trying to sell vs. keep?

Havent decided yet. Will probably hold on to most of the wheats and sell the rest to buy more silver after I recoup my investment.

 

[Diggin-N-Dumps]

If you are wanting to sell any Steelies...Let me know

 

[Tired Rooster]

WOW!! You hit a jack pot there........good find and smart purchase

 

[Joe777Cool]

So I finished sorting the big bucket of foreign coins....
about 50% wheat pennies, 45% foreign coins and the other 5%: 50ish indian head's, a handful of silver coins, 1 merc, 1 barber dime, several v/buff nicks, 30-40 tokens (mostly New Hampshire turnpike, 10ish Large Cents (including a few early 1800's and I you have to see a picture of to appreciate the condition), about 100 steel cents, 1 flying eagle cent and many other goodies.

 

[Iron Patch]

So I finished sorting the big bucket of foreign coins....
about 50% wheat pennies, 45% foreign coins and the other 5%: 50ish indian head's, a handful of silver coins, 1 merc, 1 barber dime, several v/buff nicks, 30-40 tokens (mostly New Hampshire turnpike, 10ish Large Cents (including a few early 1800's and I you have to see a picture of to appreciate the condition), about 100 steel cents, 1 flying eagle cent and many other goodies.

Don't overlook anything foreign 1800s or older, and especially in a higher grade. I have had many surprises over the years from coins I didn't suspect would have a whole lot of value. All of them were from mixed collections.

 

[Joe777Cool]

Don't overlook anything foreign 1800s or older, and especially in a higher grade. I have had many surprises over the years from coins I didn't suspect would have a whole lot of value. All of them were from mixed collections.

Oh yeah - I know. I sold a 1800's Greek Lepta for $600 and a Newfoundland 10 cent piece for $400 both I pulled from a big bucket of coins.