About 25 years ago, I bought 3000+ rolls of wheat cents sorted by date and mint to sell on eBay. I listed individual rolls for sale and after a while, realized that at the rate they were selling, it would take 25 years to sell them all. So I offered them in groups of ten and twenty to sell them faster. Those listings never generated any sales- apparently, at that time, buyers wanted individual rolls and not bulk lots.
Maybe 1983's are different.
Did you offer a significant discount from the single-roll price?
A bag of wheats sells for $250. Someone spending $10 on a roll ($1000 for a bag) is taking a flier for fun. The bigger the lot, the more they want to pay the bulk price or even the wholesale price ($220 per bag).
The bulk price for a bag of zinc Lincolns is $50. The bigger the lot, the closer you need to be to the bulk price.
There is simply no numismatic premium for bags of circ zinc Lincolns.
@jmlanzaf said:
There is simply no numismatic premium for bags of circ zinc Lincolns.
Tell it to this guy. He's sold 11 bags at $89 plus $15 shipping, total $104. This is for 1983-2008 bags. I suspect that 1983-1989 bags would go for much more. The key point here is early Zincolns, not the more recent ones.
@jmlanzaf said:
There is simply no numismatic premium for bags of circ zinc Lincolns.
Tell it to this guy. He's sold 11 bags at $89 plus $15 shipping, total $104. This is for 1983-2008 bags. I suspect that 1983-1989 bags would go for much more. The key point here is early Zincolns, not the more recent ones.
He’s filling a drum with cents for a photo.
I am naive. Are barrels of single-date coins so common that a normal discussion happens? Am I getting that right?
If one of you had to fill an oil drum with 2022 P cents, how would you go about it?
Shenanigans.
I would not want to handle each coin individually unless I were looking for varieties. It's easy for me to say, but you might rig up a part sorter or feeder (a spiral drum driven by a motor) to feed your coins one-by-one into a coin comparator (which uses differences in weight or electrical response) to automatically segregate bronze from zinc cents. Your mileage may vary! Good luck!
Comments
A bag of wheats sells for $250. Someone spending $10 on a roll ($1000 for a bag) is taking a flier for fun. The bigger the lot, the more they want to pay the bulk price or even the wholesale price ($220 per bag).
The bulk price for a bag of zinc Lincolns is $50. The bigger the lot, the closer you need to be to the bulk price.
There is simply no numismatic premium for bags of circ zinc Lincolns.
It seem we have lost Custer.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
He should have stayed away from Little Big Horn.
Hasn't been on since 2 mins after his last post in this thread.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
He's BUSY
Harbor Freight sells gram scales for $12.99 online. Have it sent to you with your debit card.
(How to weigh 1983 cents)
https://www.harborfreight.com/1000-gram-digital-scale-60332.html?utm_source=google&utm_medium=cpc&utm_campaign=12169617963&campaignid=12169617963&utm_content=116466551469&adsetid=116466551469&product=60332&store=114&gclid=CjwKCAiAh9qdBhAOEiwAvxIok3xigcK0o87GyjvTD8-s3fJxQ0MrFTl8hMDHyJintI0XUSBzqkOaPhoCqjQQAvD_BwE
We'll see...WHAT? What brought your attention...?
Tell it to this guy. He's sold 11 bags at $89 plus $15 shipping, total $104. This is for 1983-2008 bags. I suspect that 1983-1989 bags would go for much more. The key point here is early Zincolns, not the more recent ones.
https://www.ebay.com/itm/265154255596?hash=item3dbc6cdaec:g:NcsAAOSwxydgZ9~p&amdata=enc:AQAHAAAAwIgIoUrLS7QpJLNkDG4VY9RTVXDIAOEZbisshbN8y8zYPc7CbeinhuqUsOKfF8RQTw4fgc7jaSQ8H4G3Pe0QnBYClVqK76PBPN84MFnyGGIPrXVzVJK3qJvZp18ZhotbSjIkxQCxFnCxaL/UirnlS5rYMilYPpAEGE1BQao/5Kmur+ykGGVWFPnVzzvZE8zpfRq9eQW/s8vqlwmFNjWdaNlnyTOKfsJedsvnyFqtL6jW8YuIDAGZZcLMks3lvggh3g==|tkp:Bk9SR6D3v7ywYQ
My Adolph A. Weinman signature
He's BUSY> @Overdate said:
That's CRH spending a few bucks for fun. The NET in that $50 face bag is about $75 to $80.
He’s filling a drum with cents for a photo.
I am naive. Are barrels of single-date coins so common that a normal discussion happens? Am I getting that right?
If one of you had to fill an oil drum with 2022 P cents, how would you go about it?
Shenanigans.
One at a time. And I'd make a wish before tossing each one in.
Let me guess: "I wish this was the last penny so I could go do something more interesting."
Still here. Weighting on my new scale to arrive.
All comments have mostly been appreciated.
I would not want to handle each coin individually unless I were looking for varieties. It's easy for me to say, but you might rig up a part sorter or feeder (a spiral drum driven by a motor) to feed your coins one-by-one into a coin comparator (which uses differences in weight or electrical response) to automatically segregate bronze from zinc cents. Your mileage may vary! Good luck!
How many have you weighed so far? Its been a week. Find anything good yet?
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM