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penny sets
13-Apr-2010 I have 2 sets of pennies, one which has the 1925 and 1946 penny, the other has the 1946, but, not the 1925 penny, and, obviously neither set has the 1930.
My question is: would i be better off selling the main set as is, or, would it be financially better to sell the 1925 and 1946 pennies separately??? Or, should i try and obtain a 1925 penny to complete the 2nd set, and sell both sets as complete, minus the 1930 penny??? I am totally new to all this, my grandmother left me her coin collection, she has many, many coins which she has graded, (uncirculated and FDC/BU),but, i really have no idea...any help or suggestions would be most appreciated...Thank you 13-Apr-2010 Depends on the quality of the sets and the key dates in particular. If the key dates (1925 & 1946) are problem coins with corrosion, etc (i.e. space fillers) then they'd sell better with the set. If they are particularly nice you'd be better of selling them singly. Likewise for the other coins in the set, if they are better than average you'd be better off selling them individually too, but remember the overheads of selling individually are considerably more.
As for your other coins, if you can e-mail me photos to sales@numismatics.com.au I'd be happy to have a look at them for you. 15-Apr-2010 Very grateful for your reply. Thank you.
I will email some photos to you once I am a bit more organised! 20-Apr-2010 Admin, your thoughts on the 1946 penny please. When one looks at its mintage, it is way up there with some of the 19teens pennies, yet it demands quite a premium to these other coins when you see them at auction. I have read stories that there scarcity is related to transporting alot of them overseas to pay troops etc after the war etc, and they have just been left there, basically to be lost forever. Yet when one looks at auctions, the availability of 1946 pennies is much larger compared to 19teen pennies, and the prices are much higher. Is the premium paid for the 1946 penny valid, or its just creating its own kind of urban myth. 20-Apr-2010 Most of them were exported to Japan as copper to pay for the war debt after WW II; The mintage is fairly low to begin with though, 363,000. They just turn up frequently because they are worth selling, nobody will bother listing a 1911 penny in low grade because it'd only be worth 20c, that's the reason they appear to turn up more often.
They are a reasonably common coin though, I'd estimate a minimum of 25,000 have survived though their demand roots from penny collectors who aim to build a complete set (much like the 1925 and the 1930's demand) which has been building up since the 1960s. 13-May-2010 it seens the half penny sets on the pcgs set registry are never going to be flavour of the month , as the prices fetched for slabbed half penies are not high compared to other denominations Reply
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