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value of not so old coins
- Thread starter ina
- Start date
depends on the rarity and condition. Get a coin book, like the "red book". Most wheat cents, unless the redbook starts them out at several dollars, are worth more than a few cents. In fact, I just throw my wheaties in with my clad and memorials, unless they start at a few dollars or more in the book. I once sold a coffee can full of wheaties for 2-1/2 cents each, and only got complaints from the person I'd sold them to, that they were "ratty" and he wasn't happy with the deal (lets face it, a lot of our dug wheats are trashed). That, plus the time it took me to count them out, just wasn't worth it. I just scan for the 7 or 8 key dates wheats and IHs, and the rest just go in various cans.
Yeah, we tend to clap ourselves on the back pretty hard for finding an old coin, but most aren't worth that much. It pays to have a good grading reference, of course... then grade down at least one grade for dug coins. Each is different , so it does pay to know.
But except for the rarest of the rare, when it comes to actual dollar value, most "duggies" aren't normally anything to get overly excited about.
But except for the rarest of the rare, when it comes to actual dollar value, most "duggies" aren't normally anything to get overly excited about.
ina said:That's w
hat I figured. I'm not really interested in the monetary value of things I find, I just like to find itOf course, a gold ring or two wouldn't hurt
We are on the same page. After eight months of metal detecting I have no more illusions or day dreams. So I enjoy the process without any naive monetary expectations.
HH!