Coin and Paper Money Collecting/error penny

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Question
hi i found a penny that reads 1751 but i think it was to be 1951 it looks like it was struck twice i no nothing about coins i just listed the pennys that i found in grandma's attic but i am not sure if i should remove it maybe it has value can you look to see at my auction if my penny is worth anything
thanks jeannie  

my ebay is sellsellsell631

Answer
Hi Jeannie,

That 1751 has just been damaged, at some time after it left the mint -- no collector value.

The $29.99 you're asking is probably not unreasonable for that lot.  However, the problem you're having selling it is due to the uncertainty of exactly what you're selling.  You need to let the buyer know exactly how many of each of the wheat, indian, and flying eagle cents they're getting.  And most likely the flying eagle pennies will be the most valuable, so you need to show pictures of them.

The same kind of thing applies to the other listing -- the one with the half dollars and such -- only I think you may be charging too much for this lot.  Add up all the non-silver Kennedy halves, plus the Eisenhower dollars, plus the other non-silver quarters and dimes, all at face value.  Then add up the face value of the silver US coins and multiply by 20.  The grand total of all this is what that lot is really worth.

Try relisting these with the corrections and see what happens.  Keep in mind the point of view of the buyer -- if you came across this listing, would you be willing to pay the asking price based on the information provided?

I hope this helps,

Dan

Coin and Paper Money Collecting

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm



Education/Credentials
BBA from Adrian College

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