How do I sell rare pennies?

Among the most widely used options for selling rare coins is direct to a rare coin company or coin dealer. That may possibly include the source from which you first acquired your collection. Or you can sell them to an acquaintance, friend, or family member.

Where can you sell your pennies?

Should you clean coins before selling?

Don't clean your coins! Not only does this cut their value by as much as half (or possibly even more), but it will be an immediate deal-breaker for many dealers who would've otherwise wanted to buy your coins if only they were left in their original condition.

How do I find out what my coins are worth?

Receiving a certified appraisal from a coin dealer is another way to evaluate your coins. There are many dealers qualified to give you an estimate of the value of your coin in the highly specialized world of numismatics. Find a local coin dealer and get their professional opinion!

Is there an app to identify rare coins?

Coinoscope is a visual search engine for coins. Coinoscope makes coin recognition easy - just snap a picture of a coin with your phone camera and the app will show you a list of similar coins. Click on the coin to see additional information in the web browser of your phone.

FOUND A RARE COIN NOW WHAT? HOW TO SELL YOUR VALUABLE COINS!

How do I sell coins?

Selling your coins at auction makes sense

Extensive advertising in numismatic magazines and promotion via social media and online. Combine live auction with internet and phone bids to achieve best price. You'll generally get a price which is closer to the coin's 'retail' value.

Are old pennies worth anything?

For most pennies, those minted in recent years are worth, well, a penny. Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more.

Which coins are worth a lot of money?

Is it a good time to sell coins?

Although the internet is blurring the traditional coin seasons, the two best times of the year for selling your coins are still around the FUN show in January and at the summer ANA in July or August. This holds true for selling a coin yourself, on consignment, or through an auction.

Can I melt down pennies and sell the copper?

It is not illegal to melt, form, destroy, or otherwise modify US coins, including pennies, unless the objective is fraudulent or with the intent of selling the raw materials of the coins for profit. Projects that use coins as materials are entirely legal in the United States.

Is selling rare coins worth it?

An uncirculated old coin, even if it's a common date coin, can be rare and fetch a nice premium in the numismatic market. For example, an uncirculated late 1800's Indian Head penny or V nickel may be worth many times the value of a circulated condition coin from the same year.

What penny is worth $1000000?

A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Texas Rangers co-chairman Bob R.

What is the rarest penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

What are the 15 most valuable pennies?

How do I know if my penny is worth money?

Although many factors determine the exact value of a coin, you can quickly determine the value of your penny by knowing its type, date, mintmark, and grade. Additionally, the value of a particular coin can vary between markets and coin dealers.

What years of pennies are worth money?

What do I look for in old pennies?

Can I sell my coins to the bank?

Do Banks Buy Old Coins? For money, consumers can turn in their coins to a bank so that they can be fully valued. In the United States, banks do not charge a fee to their customers when they deposit coins, but many other countries mandate that coins are rolled in packages.

Do banks buy old coins?

Consumers can turn in their coins for cash at banks, which will give them their full value. Banks do not charge a fee to their customers when they deposit coins, but many require that the coins be rolled in wrappers. Some banks like Wells Fargo will exchange rolled coins for noncustomers without a fee.

How do I sell rare coins online?

Are 1969 pennies worth anything?

Most 1969 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition. The 1969 penny with no mint mark is worth around $1 in uncirculated condition with an MS 65 grade.

Why is a 1958 D penny rare?

One of the biggest and rarest errors for Wheat Pennies is the 1958 Doubled Die Error. Only three examples are known to exist, with only two being officially graded by PCGS, a third party grader. Doubling can be seen very clearly on the obverse of the coin.

How much is a 1943 steel penny worth in 2021?

Specimens in circulated conditions aren't worth more than 15 to 30 cents. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). However, there were some error strikes that year that can sell for 5 or even 6 figures.

How much does $1000 worth of pennies weigh?

1000 pennies weigh 3,110 grams or about 7 pounds if all copper. 2,500 grams or five and a half pounds if all zinc. In addition, 1000 steel cents weighs 2,700 grams or about 6 pounds.