How Can I Sell My Old Indian Head Pennies

Keith Scott offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to coins@mountainviewcoins.com
- Content Crooner (www.ContentCrooner.com) has distributed this article on behalf of the author. Content Crooner does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: How Can I Sell My Old Indian Head Pennies
Author: Keith Scott
Category: Collecting
Word Count: 539
Keywords: how to sell a coin collection, inherited coins, selling my coins
Author's Email Address: coins@mountainviewcoins.com
Article Source: http://www.contentcrooner.com
------------------ ARTICLE START ------------------

Many people today are ending up with old coins such as Indian Head Cents and may not know what to do with them, or how much they are worth. If you are in this situation, the good news is that those old coins are likely worth far more than face value. By face value, I mean they are worth more than what is minted on the coin. Old coins, such as Indian Head pennies are indeed worth more than the one cent that is stamped on the reverse of the coin.

One note of clarification, the official US term for our small denomination coin is CENT. Penny is a term that is a carryover from the days of British Rule. Even so, the term penny is so commonly used, we will the words penny and cent interchangeably.

Indian Head Cents, were minted by the US government from 1859 through 1909. Another coin that preceded the Indian Head cent was the Flying Eagle Cent. This coin was produced in 1857 and 1858. There were a few thousand prototypes produced in 1856 that are quite rare.

Indian Head Cents are very easy to identify. They are the same size as the cent that is in use today but instead of a portrait of Abraham Lincoln on the front, there is a portrait of an Indian. The coin's reverse side shows ONE CENT within a laurel wreath.

If you have these coins, it is typically worthwhile to separate them from other pennies. Bulk Wheat Pennies are only worth 3 to 4 cents per coin, where Indian Head Cents are worth much more.

During the sorting process you may want to sort them by their appearance. Coins that are corroded, beat up, bent, holed, etc will not be worth very much, whereas nice and original coins could be worth much more. This is a good place to interject this comment. Do not clean your coins. Collectors like coins that are in their original state. If you clean your coins in any way, you will significantly reduce their value. Yes, it really will. Please do not clean your coins.

Once you have sorted them, you can begin getting quotes for your collection. When contacting a buyer, s/he may ask you a few questions about them. Most often, this will be about their condition. Also, you may be asked if they are in rolls, coin folders or albums. Be prepared to answer those questions to ensure you get the best price for your coins.

Almost all offers you receive will be contingent on examination of the coins. The reason for this is simple; everybody has a different opinion on grade. What you think is decent shape may not be decent shape according to the buyer. Many dealers will tell you they will charge you back postage for misrepresented coins. So be sure to give an accurate description to any potential buyer.

Selling those old Indian Head Cents, or any other coins, is a fairly straight forward process. By following this advice, you will be well on your way to divesting yourself of those old coins.

Keith Scott buys coin collections of all kinds. His website has tips on how to sell coin collections at http://www.universalcoinbuyers.com. Visit his websites for tips on how to sell your coin collection
------------------ ARTICLE END ------------------