At what poin do you not bother selling a coin and just spend it?
AUandAG
Posts: 24,800 ✭✭✭✭✭
No point, in my opinion, in selling anything worth less than $10 if you have to pay to sell (ebay) and pay to ship. Time and effort and ink and paper just make it not worth the effort.
I suspect I'm not the only one as we can see from "guess what I found in change" threads. Must be many like me that just give them to the wife to spend on groceries.
Common proof cents, nickels, dimes, quarters quickly come to mind. same for common MS coins. Sure are pretty and perhaps have some value if they get the PF70 designation but that is likely not profitable on them anyway.
IF you need a PF70 modern, just buy one already graded and spend the one you were going to submit is my thought.
Have you got a bottom $$ that you just don't bother with?
bob 
Comments
with luck I will know in time so I can dump about 2000 wheat cents into the world. james
I buy mint quarter rolls.
Crack them
Set aside high grade to submit
Spend the rest
It only takes one big hit and I have hit the lotto twice.
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For the most part, I probably would not sell such coins individually, but I'd sell them in lots or rolls before resorting to spending them.
Combine enough low cost items together in one listing and it becomes worthwhile again.
If you're spending $10 dimes, you're richer than I.
A $10 raw coin after fees and shipping nets $7.50 on ebay .
You could also group $10 items together if $7.50 isn't worth 10 minutes of your time.
I am in the same camp as those that say you can always group the lower value coins together to sell in one lot. You can also take some of them to a local shop or show and get more than face value.
Now if you have an impaired modern (non-silver) proof or a small number of wheat cents/no date Buffalo nickels, then it’s probably more efficient to just spend them (but if the quantity is significant then you can make more than face with a small enough amount of effort).
Give them to a young collector. He'll be thrilled to get them.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Don’t spend any - low value stuff to junk box.
Wheats, and those "extras" folks give me on eBay, cracked proof set remnants - all go back in circulation.
WS
I recently bought two "rolls" of proof 1962 and 1964 nickels (still in the cello). I'm sure glad the seller didn't spend them.
Sometimes I take ugly and/or foreign coins and, rather than trying to sell them, I just toss them in the silver melt pile.
That way, I can sell the whole blob to a refiner rather than selling piecemeal.
Generally I make up lots that value at least $20. Sometimes if I start a coin at 99 cents or lower, it does not reach the $20. $5.00 is usually my requirement of selling value for an item, coin or book or whatever.. I try not to sell items below $5.
It depends how much free time someone has and how motivated they are to make a few dollars.