anyone buy old coins? (collection, purchase, prices, Buffalo)

[Pikantari]

I have some that I may wanna let go of... dm me if you might be interested

[burdell]

Originally Posted by Pikantari

I have some that I may wanna let go of... dm me if you might be interested

Be careful and do your research FIRST!

I've had an allegedly legitimate coin dealer act like he'd be doing me a favor to give me $20 for a coin that was worth at least $250.

[Pikantari]

I know all about it, thank you. I know my mom used to sell these coins for like 30 bucks and I have done research on them now that they have come to me and have found one that is worth a lot..

[N.Y.Traveler]

Place them on e-Bay!
I got my large $1.00 bill dated back to 1898 (Black Eagle) from e-Bay!
The e-Bay has a section for the "coin" thing!

[Draconiator]

I used to collect coins. I'm not active anymore, but I still have my coins. Crown jewels of the collection? An 1880 Morgan Silver, and a 1909 Lincoln Wheat Penny. No VDB, no mintmark, but that is pretty darned cool.

I have also confirmed I have a "194" Lincoln Wheat filled die grease error coin. You can see where that second "1" should be, but the grease in the die has largely blanked it out.

[rickers]

There is an error coin (50 cent piece) that was minted with one side being a new Zealand 50 cents and the other side being a 50 cent piece for Canada. An unknown number of them were released ! I think they were minted in London. Beware of three legged buffalo nickels, folks will try to fake these by grinding off a leg with a moto tool rubber wheel. I think the real three legged nickels were caused by a flake of metal that got stuck in a "leg" part of the die. I believe that the Krause Catalog offers an estimate of how many three leg buffs were released.

[Pikantari]

I must have a million or more wheat pennies. Had no idea why my Dad kept them and I was just going to roll them and turn them into the bank but I have found that I have some worth about 20 dollars each.....

[ferretkona]

The copper/bronze pennies are worth more per pound than rolled value. You cold make a package of one pound bags to sell on ebay?

[rickers]

Originally Posted by ferretkona

The copper/bronze pennies are worth more per pound than rolled value. You cold make a package of one pound bags to sell on ebay?

I'm not sure about this as metal prices are in the tank right now. After weighing a bronze penny, (the newer ones are zinc), and after checking the spot prices on scrap bronze, it would seem that spot would have to be over $1.80 per pound for a person to even break even. Bronze is under 50 cents a pound right now (depending on who's buying and the quantity), due to less demand caused by the recession.
I'm I wrong ?

[jmking]

Look very closely at those wheatbacks. I would purchase a book on American coins and get yourself a loupe to view minute details of the coin for mint and errors and do not overlook the condition of the coin. For example you may have an early wheatback that at its face value is not worth much but the condition is flawless and shiny like a new penny.