2012 First Finds

Then CelticKnot, we must have arrived in the right place....lol. Oh, and by the way, I don't know if you collect clan badges but I have two that I bought from a yard sale recently. These came from Edinburgh castle.

Ok CelticKnot, haha...... I got these as a package deal with several other items I was buying. It was too good a deal to pass up. I already sold the scrap silver and gold out of the pile except one of the silver charms. I checked on ebay about the badges and they are running around $40 something mostly. They are interesting pieces and I have put them away for now. Not intentionally collecting them. My focus is coins but when it came as a bonus with the buy I could hardly pass it up. For what I paid for everything and what has sold plus present value of the things I am keeping it is several times my money. What I sold already has brought me over 9 times my money.

Never know what you will find or what else people will offer to sell you at a yard sale. She didn't have those out or the 1986 Statue of Liberty commemorative coin. When she saw me take an interest in the coin bracelet then she brought the rest out and added it to what I had already chosen and sold it all as a package deal. Kinda like the surprises when you find silver coins among the regular ones or in change from the store.

Hope everyone is having a terrific weekend.

Yeah, aside from the boondoggle with the dollar coins, they mint coins to meet demand. They mint billions of cents each year because that's how many get removed from circulation, plus the number of additional that are needed from the growing economy/population. It's not like they're minting 5 billion pennies and they just go sit in a warehouse unused (again, excluding the dollar coin boondoggle).

When you factor in economic growth requiring an increased coin supply, and divide the rest over the population (even ignoring the fact that US coins circulate in some other countries), that's not a lot of coins removed from circulation per person. It's maybe a dozen cents per person.

Did you remove fewer than a dozens cents from circulation last year? If you've searched even one just one box for wheats you've probably removed that many. I removed a few thousand cents and I don't even search them as much as other denominations. When I run across particularly nasty zincolns while roll searching that I think are unfit for circulation, I just throw them in the trash, and I am hoarding all the coppers I come across.

There are people hoarding new boxes of cents by the box. Setting aside $100 worth of new cents each year for a dealer or cent enthusiast is a small investment. The ryedale folks are removing copper from circulation by the ton.

When you consider all the ways coins get removed from circulation, 5 billion cents a year is not actually that many! It's also part of why they're so wasteful to mint.

Have to say, I too have pulled several pounds of copper pennies out of circulation, the wheats and also separately the 2009 Lincolns.

Thank you copperhead1. Still watching here in my corner of NC.

I found my first 2012 quarters today -- took then right out of my husband's pocket change.

I cannot explain why that makes me happy, but it does.

Hmmm, good point. Figured there must be some reasoning behind all of the tons of cents made almost every year.