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Lousy Coin Gifts….What do you do?

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What do you do with lousy coins that you receive as gifts? As an example I recently received 8 Indian Head cents from my aunt that are worth a total of about $2.00. It’s not worth my time to image and sell them and I don’t care to own them, so what should I do?

 

Thanks for your thoughts!

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Keep them for a couple of years and give them to a cousin at Xmas. Or, if you have a coin club in your area, there may be a YN who would appreciate them as a gift.

 

Chris

 

PS. You should know by now that most people haven't a clue about numismatics. The value or quality of the gift doesn't matter. It's the thought that counts!

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My daughter always checks her change and everytime she finds a wheatie, she gives them to me. All have been common but I just put them in a box with the rest of them. As chris stated, it's the thought that counts. Some things just don't need to be worth more than $2.

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Every year my parents go to the coin shop just before Chirstmas and get me presents, sometimes they are like your gift, like a plastic case with old buffalo nickel and new buffalo nickel, but sometimes they are pretty nice, like last year when they got me a set of 1963-D cent through half in a little plastic case, all BU. I don't know how much they paid for it, but I was pretty impressed with it. Bottom line, I keep all of them. They sit on my desk or get put in a little box or set on a shelf, but I hold onto them. And if I didn't want them, I'd probably sell them or give them away at the local coin club meeting.

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Very well said, Chris. According to who the giver is, these gifts may become treasures. It couldn't hurt to have a small box to act as a keepsake. Treasure each gift from a friend or family member as they will not always be there. Nor will we.

 

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What do you do with lousy coins that you receive as gifts? As an example I recently received 8 Indian Head cents from my aunt that are worth a total of about $2.00. It’s not worth my time to image and sell them and I don’t care to own them, so what should I do?

 

Thanks for your thoughts!

Grab a bottle of MS 70..... Quick lol
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What do you do with lousy coins that you receive as gifts? As an example I recently received 8 Indian Head cents from my aunt that are worth a total of about $2.00. It’s not worth my time to image and sell them and I don’t care to own them, so what should I do?

 

Thanks for your thoughts!

Grab a bottle of MS 70..... Quick lol

 

BWUAHAHAHAHAHA lol:applause:

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What do you do with lousy coins that you receive as gifts? As an example I recently received 8 Indian Head cents from my aunt that are worth a total of about $2.00. It’s not worth my time to image and sell them and I don’t care to own them, so what should I do?

 

Thanks for your thoughts!

Grab a bottle of MS 70..... Quick lol
I hate what some people use MS70 for, but THAT was funny! ..... :applause:
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I agree that it is the thought that counts.As stated by an earlier poster there a loto fpeople that are not informed on Coins. etc.If the Aunt had found that $250,000 Comic Book in the attic and thought it was funny that somebody had left that "old" comic book there and showed you then ti would be a different story.

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I guess I am simply not sentimental when it comes to gifts because I would likely give the coins away and ask the relative to refrain from a coin purchase as a gift in the future. One Christmas my mother bought for me a colorized American Silver Eagle from QVC and I told her outright never to do anything like that again and gave her the silver eagle to either return for a refund or to keep for herself. She returned the coin for a refund.

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That’s a funny story Tom.

 

To be more clear, these were not coins which she had specifically purchased for me. These were part of a large collection of coins that she was trying to give me when I visited her in Oklahoma over this past long weekend. I graciously turned down as much as I could without hurting her feelings. She seemed to really want to give me these Indian Head cents and I accepted them because I felt I would hurt her feelings if I did not. A number of the cardboard holders read $.20 or $.15. Presumably she bought them some time ago although I don’t believe they have appreciated much.

 

I agree, it was a nice gesture on her part.

 

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My relatives also think a colorized silver eagle is the ultimate gift you can give someone who collects coins. If they seem interested I explain about the "grading" of a coin, and tell them I love proof sets, the older the better and duplicate sets are great. But for the average person a proof set is an out of the way gift, they aren't at the mall, and walmart doesn't stock them.

 

If you happen to see her children/grandchildren you might share the coins with them.

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