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cyclone24

What do you do with an old coin collection?

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This is not my thing, but I also don’t know what to do with it. Dad passed away a number of years ago collected coins as a kid. Has a ton of them obviously of varying value. Like a lot of then are worth 5-20 bucks. More than the coin but not sure enough to Not be a hassle trying to move it. 

So part of me wants to keep it because it seems really shallow to go sell all these things just to go buy gas or pizzas or some but if any of you guys done anything with old things, your parents had once they passed that you felt OK about?

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I’d hang onto it and pass it down to your own kids. 

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31 minutes ago, MDC said:

I’d hang onto it and pass it down to your own kids. 

They will care even less…ha

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I used to have an awesome penny collection, including the 1940s steel ones and a 1909 VDB. I started it as a kid.

Somehow, that collection got lost along the way. 

With the discontinuation of pennies, I thought the value of a penny collection would skyrocket. Alas, I went online and could buy the whole shooting match from 1909 to 2025 for like $130. 

With billions of pennies still in circulation, it might take a long time for them, other than the rare ones, to be worth more than 1 cent apiece.

  • Haha 1

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1 hour ago, MDC said:

I’d hang onto it and pass it down to your own kids. 

⬆️  This, but take it to a 3rd party to get the collection appraised. They'll charge you but it's totally worth it. 

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56 minutes ago, Maximum Overkill said:

⬆️  This, but take it to a 3rd party to get the collection appraised. They'll charge you but it's totally worth it. 

So you can hire somebody and they’ll go through all the coins? Seems like that would take forever.

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1 minute ago, cyclone24 said:

So you can hire somebody and they’ll go through all the coins? Seems like that would take forever.

It's what they do. They probably know the worth right of the bat for most of what you have.

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6 minutes ago, lickin_starfish said:

Dump it in a Coinstar kiosk, and it will turn your change into cash. 🤷🏾‍♂️

What about the silver ones?

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4 hours ago, FrancieFootball said:

I used to have an awesome penny collection, including the 1940s steel ones and a 1909 VDB. I started it as a kid.

Somehow, that collection got lost along the way. 

With the discontinuation of pennies, I thought the value of a penny collection would skyrocket. Alas, I went online and could buy the whole shooting match from 1909 to 2025 for like $130. 

With billions of pennies still in circulation, it might take a long time for them, other than the rare ones, to be worth more than 1 cent apiece.

The copper in a pre-1982 penny (95% copper) is worth around 2-3 cents

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1 hour ago, Gepetto said:

The copper in a pre-1982 penny (95% copper) is worth around 2-3 cents

Interesting!

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5 hours ago, cyclone24 said:

So you can hire somebody and they’ll go through all the coins? Seems like that would take forever.

Absolutely. You may be sitting on a gold mine and not even know it 

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I’ll buy it from you for a dollar right now? 

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