Where to Sell Encased Cents in Tampa: Your Guide to Top Buyers

Thinking about selling your encased cents in Tampa? It can be a bit of a puzzle to figure out where to get a fair deal. You want to find someone who knows what they’re talking about and will give you a decent price. This guide is here to help you out, pointing you toward some places that have a history of dealing with coins like yours. We’ll look at some well-known names in the coin world that might be your best bet for selling your encased cents.

Key Takeaways

  • Selling encased cents in Tampa requires finding knowledgeable buyers.
  • Several established auction houses and dealers have a history with coin sales.
  • Researching potential buyers can help you get a better price.
  • Consider the reputation and past sales of dealers when deciding where to sell.
  • This guide lists reputable places that might be interested in your encased cents.

1. Ira & Larry Goldberg Auctioneers

Encased Lincoln cents collection

When you’re looking to sell your encased cents, especially if they’re part of a larger, significant collection, Ira & Larry Goldberg Auctioneers is a name that often comes up. They’ve been in the business for a long time and have a reputation for handling high-value numismatic items. If your encased cents are particularly rare or have a notable provenance, this auction house might be a good place to consider.

They’ve handled some pretty impressive collections over the years. For instance, they managed the sale of Paul Gerrie Jr.’s collection, which included a fantastic group of early date cents, many of them 1794 varieties. They also sold Douglas Bird’s collection, which was quite substantial, featuring 179 large cent lots. Even the Benson Collection, though mostly silver, had some early large cents that went through their auction.

Here’s what you might want to know about them:

  • Extensive Auction Experience: They have a long history of conducting successful numismatic auctions.
  • Reputation for Quality: Known for handling significant and high-quality collections.
  • Broad Reach: Auctions attract serious collectors from around the globe.
Selling valuable coins often means getting them in front of the right buyers. Auction houses like Ira & Larry Goldberg aim to do just that, connecting sellers with collectors who have the means and the desire to acquire rare pieces.

2. Stack's Bowers Galleries

Stack's Bowers Galleries auction room interior

When you’re looking to sell encased cents, Stack’s Bowers Galleries is a name that comes up a lot. They’ve been around for ages, really, with roots going back to 1933. It’s a big deal in the coin world, and they handle all sorts of coins, including the kind you’re interested in.

They’re known for their big auctions and for dealing with some really high-end collections. If you have something special, they’re definitely a place to consider. They’ve got a lot of history, and people trust them to get a fair price for rare items. It’s not just about selling; they also have a reputation for accurate grading and research, which is pretty important when you’re dealing with old coins.

Here’s a quick look at what makes them stand out:

  • Extensive Reach: They have a global client base, meaning your encased cents could be seen by collectors all over the world.
  • Expertise: Their team includes some of the most knowledgeable people in numismatics, so they know what they’re looking at.
  • Auction Power: They conduct major auctions, which can often drive up prices for desirable coins.
  • Reputation: Decades of experience mean they’ve built a solid reputation for honesty and good service.

If you’re thinking about selling, it’s worth checking out what they have to offer. They’ve been involved in some pretty famous sales over the years, including collections that have made numismatic history. You can find out more about their services on their website, and they often have representatives at major coin shows. They are a well-established dealer in U.S. Coins and other collectibles.

3. Thomas L. Elder

Thomas L. Elder was a significant figure in the numismatic world, active from the early 1900s until his passing in 1948. He wasn’t just a collector; Elder was a dealer and auctioneer who played a big role in the coin market of his time. He started collecting coins at a young age, just 13, and by 1905, he was already holding his first auction. This shows he got into the business pretty quickly.

Elder was known for publishing several numismatic resources, including the Elder Rare Coin Book and periodicals like Elder Monthly and Elder Magazine. These publications helped spread knowledge about coins to a wider audience. He also issued various medals and tokens, adding to his diverse contributions to the hobby.

Elder’s auctions were often considered important events, sometimes even compared to major sales from earlier decades. He handled collections that were noted for their quality, especially in areas like early American copper coins.

His involvement in numismatic organizations was also notable. He was a member of the American Numismatic Association and helped establish the New York Numismatic Club. This shows he was connected to the broader coin collecting community and helped shape its development.

While Elder handled a wide variety of coins, his auctions often featured significant collections of large cents and half cents. He was instrumental in bringing many important collections to market, connecting sellers with buyers and influencing coin values through his sales.

4. H. Chapman

The Chapman brothers, Samuel Hudson and Henry, were pretty big deals in the coin collecting world back in the day. Henry actually started working for a coin dealer named John Haseltine when he was just 16. Later, he teamed up with his brother Samuel, and they really changed how coin auctions were done. They made these fancy catalogs, way bigger than usual, and sometimes even included photos of the coins. Their partnership really took off after the Bushnell sale in 1882, and they handled a lot of important coin collections.

While they eventually went their separate ways in 1906, both brothers kept at it individually for a while. They even sold their own collections, which included some choice large cents, a couple of times. One notable sale was on October 9, 1879, with another following on May 14-15, 1885. It’s worth noting that Henry Chapman himself was involved in discovering the "Starred Reverse" variety of the 1794 cent back in 1876. His own collection, a substantial one with over a thousand lots, was sold by the partnership on February 11-12, 1880.

The Chapman brothers were known for their innovative approach to auction catalogs, often including detailed descriptions and photographic plates, which set a new standard in the numismatic community.

If you’re looking to sell encased cents, especially older ones, dealers who deal with historical collections might be interested. While H. Chapman as a business isn’t around anymore, their legacy is tied to significant sales and discoveries in numismatics. This means that places that specialize in rare coins and historical numismatic items are your best bet.

5. Lester Merkin

Lester Merkin was a notable figure in the coin collecting world, known for his work as both a dealer and an auctioneer. He was born in Philadelphia in 1916 and passed away in 1992. Merkin had a long career, conducting over 30 auction sales throughout his time in the business. Many of these auctions were cataloged by the well-known numismatist Walter Breen.

His first auction was the Louis Helfenstein Collection in 1964, and he also participated in significant sales like the Lord St. Oswald Collection in the same year. Merkin was often described as a "gentleman dealer," a testament to his reputation and conduct within the hobby. Beyond coins, Merkin was also a talented jazz musician, adding another dimension to his interesting life.

While Merkin handled many important collections, including that of Dr. Lawrence Abraham Matternes in October 1973, his own collection was not widely publicized for sale. However, his impact on the coin market through his auctions and his professional demeanor left a lasting impression on collectors and dealers alike.

Merkin’s approach to auctions and his reputation as a fair dealer made him a respected name in numismatics for decades.

6. Edward Cogan

Edward Cogan was a pretty big deal back in the day, really considered by many to be the guy who kicked off coin collecting in the US. He was born in England and came over to America in 1853. At first, he was into selling books and paintings, but then he opened up a shop in Philadelphia in 1856, and that’s where he started dealing coins and medals. His 1858 sale of a large cent set he put together for a friend, and then writing about it a few years later, really got people interested in collecting coins.

Cogan held several auctions that featured a lot of large cents, which were super popular back then. Some of his notable sales include:

  • December 19-20, 1859 (89 large cents)
  • September 15-17, 1863 (130 large cents)
  • December 6-7, 1866 (featuring the famous 1799 Abbey cent from Colin Lightbody’s collection)
Cogan’s sales were important because they helped make coins accessible and desirable to a wider audience, laying groundwork for the hobby we know today.

While Edward Cogan himself might not be buying coins today, his historical significance in the numismatic world is undeniable. If you’re looking to sell encased cents in Tampa, you’re likely dealing with modern dealers who are aware of this history, but Cogan’s own dealings were foundational.

7. Lyman Low

Lyman Haines Low was a figure in the coin world from the late 1800s into the early 1900s. He got into the coin business around 1883, after spending some time as a traveling salesman. Before that, he even served in the Union Army for three years during the Civil War.

Low was quite involved in numismatics, serving as a co-editor for the American Journal of Numismatics for a good chunk of time, from 1891 to 1907. He also wrote a significant work on Hard Times Tokens and even put together what was considered the "Red Book" of his era, covering various types of money. He wasn’t just a dealer; he was a collector too. His own collection, which included a notable 400 large cents, was sold off in May 1924.

Low’s contributions extended beyond just selling coins; he helped document and categorize numismatic items, making information more accessible to others in the hobby.

When you look at his sales, you can see the kind of coins that were important back then. For instance, a specific coin, the Hays 40 (S-39), was sold by Low in April 1902 for $22.75. While that might not sound like a lot today, it was a decent sum for a coin at that time, especially considering the context of the market and the coin’s rarity.

8. B. Max Mehl

B. Max Mehl, born in Lithuania in 1884, was a powerhouse in the coin collecting world until his passing in 1957. Operating out of Fort Worth, Texas, Mehl wasn’t just a dealer and auctioneer; he was a marketing genius for numismatics. He was one of the first to really use radio advertising to get the word out about coins.

Mehl conducted a staggering 120 auctions between 1903 and 1955. Many of these were mail bid sales, which was pretty innovative for the time. He handled some of the most important coin collections that came up for sale during those decades. His "Star Rare Coin Encyclopedia" was another smart move, published in over 50 editions and serving as a fantastic promotional tool.

Mehl’s approach to selling coins was ahead of its time, blending numismatic knowledge with savvy business practices to grow the hobby.

While Mehl himself might not be a direct buyer in Tampa today, his legacy in coin dealing and promotion is undeniable. His auctions and publications set a standard for how coin sales could be conducted and how collectors could be engaged.

9. Cape Kennedy Medals

Cape Kennedy Medals was a notable auction house that handled a variety of numismatic items, including encased cents. While they might not be as widely known today as some of the larger, more established names in coin collecting, they played a role in the market during their operational years. They were involved in significant sales, such as the Nofal-Kling sale on July 3, 1976, which featured contributions from collectors like Robert Charles Nofal and Joe Stuller. This indicates they were a venue where serious collections were dispersed.

Their auctions often featured collections built by dedicated numismatists.

If you’re looking to sell encased cents and have a collection that might have been part of a sale handled by Cape Kennedy Medals in the past, it suggests a certain level of quality and historical significance. While direct sales through them are no longer possible, understanding their past involvement can give you context for the type of coins they handled and the collectors they served.

The numismatic landscape is always shifting, with different auction houses rising and falling in prominence over the decades. Cape Kennedy Medals represents a piece of that history, connecting past collectors with the market of their time.

10. Coins and Stamps

Sometimes, the places that deal in coins also have a soft spot for stamps. It’s a pretty common overlap, actually. Think about it: both are collectible, often historical, and appeal to a similar kind of person who likes to organize and categorize things. "Coins and Stamps" shops, or places that handle both, can be a good bet when you’re looking to sell your encased cents, especially if they’re a long-standing business.

These types of establishments often have a broad customer base. They might be looking for specific coins to fill out a collection for one client, or they might be buying inventory to resell to a wider audience. It really depends on their business model. Some might be more focused on the numismatic side, while others might see stamps as an equal part of their business. It’s worth checking out if they have a good reputation in the local community.

When you go to sell, here’s what you might expect:

  • Initial Assessment: They’ll likely take a look at the condition of the cent itself, the holder it’s in, and any accompanying documentation.
  • Market Knowledge: A good shop will know the current market value for both the coin and the encased item as a whole.
  • Offer: They’ll make you an offer based on their assessment and what they think they can sell it for.
Remember that the value isn’t just about the coin’s rarity or condition. The encapsulation itself can add or detract from the value, depending on its age, clarity, and how well it protects the coin. Some collectors specifically seek out encased coins as a niche within the broader hobby.

If you’re curious about the history of such businesses, you might find it interesting to read about how some people started out in a Coins and Stamps shop and eventually made it their own. It shows a real dedication to the hobby. So, don’t overlook these places; they might just be the perfect spot to sell your encased cents.

Wrapping Up Your Tampa Cent Sale

So, you’ve got these old cents, maybe they’re encased, maybe they’re just sitting around. You’re in Tampa and wondering where to turn. We’ve looked at a few spots that might be interested in buying them, from local coin shops to places that deal with rarer finds. Remember, the value can really depend on the coin itself – its condition, its history, and how rare it is. It’s always a good idea to do a little homework on your specific coins before you head out. Talking to a few different buyers is probably your best bet to get a fair price. Good luck with your sale!

Frequently Asked Questions

What are encased cents?

Encased cents are old pennies that have been put inside a metal holder, usually made of brass or copper. These holders often have advertisements or designs on them, making the cents more like collectibles or souvenirs than just money.

Why would someone sell encased cents?

People sell encased cents for a few reasons. Some might be collectors who have finished their collection or want to trade for different coins. Others might have inherited them and don’t know much about them, or they might just need to get some cash.

Where is the best place to sell encased cents in Tampa?

In Tampa, you can try selling your encased cents to local coin shops or dealers who specialize in numismatics. Places like ‘Coins and Stamps’ are good starting points. You could also look into auction houses that handle collectibles, as they might be able to get you a good price.

How do I know if my encased cents are valuable?

The value depends on a few things: the rarity of the cent itself, the design and condition of the metal holder, and whether the advertisement on the holder is interesting or rare. Some encased cents are worth much more than others.

Should I clean my encased cents before selling them?

It’s generally not a good idea to clean them yourself. Cleaning can sometimes damage the metal holder or the cent, which can lower its value. It’s best to let an expert decide if any cleaning is needed.

Can I sell them online?

Yes, you can sell encased cents online through auction websites or specialized coin forums. However, be aware that shipping valuable coins can be risky, and you might get better prices dealing with local experts who know the market.

What information should I have ready when selling?

It’s helpful to know the date of the cent, any markings on the holder, the condition of both the cent and the holder, and if there’s any known history or story behind it. This information helps buyers assess its value.

What if I have a very old or rare encased cent?

If you suspect you have a rare or very old encased cent, it’s wise to get it appraised by a professional coin dealer or a reputable auction house. They have the expertise to identify its true worth and find the right buyers for such special items.

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