I'd pull all the stars and RCs from the junk wax sets and just scrap the rest. It is all but worthless, not worth the time it takes to collate and market. It is also all about the shipping, which will just kill any deal for the bulk. The stars can sell. I fill $0.50 and $1 boxes for shows, move them in quantity, and sell the more expensive cards below market so they move, too.
1970-1980 is a different story. You can move those cards in bulk, but at low prices, so your buy prices have to be very low. What I do when I get a collection in of those is pull the high-grade common cards to sell singly to set builders and make cheap partial sets or lots of the rest and blow them out through eBay.
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