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2006 Penny, Magnetic, No Mint Mark

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qbvbsite's Avatar
Canada
849 Posts
 Posted 06/17/2013  11:47 am  Show Profile   Bookmark this reply Add qbvbsite to your friends list Get a Link to this Reply
For me I went through 6 boxes of pennies and found 3 on these.
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cladhunter13's Avatar
Canada
1161 Posts
 Posted 06/19/2013  3:49 pm  Show Profile   Bookmark this reply Add cladhunter13 to your friends list Get a Link to this Reply
Your chance to find one will vary greatly. I have found 2 in a box and at the same time I have searched $700 in cents without finding a single one. I just finished going through $200 in cents and did not find one. If I remember correctly...I have 8 - 10 in flips. I know there are others on the site that have more...alot more. :)

Good luck with your 2 boxes. Its all a matter of luck. I have sold a few in the past. Back in 2009 they realized quite a bit more value then they do now. I sold 3 lower grade ones and bought my first metal detector with the money. Always nice to get something you want for the hefty price of 3 cents. :)
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cladhunter13's Avatar
Canada
1161 Posts
 Posted 06/19/2013  3:57 pm  Show Profile   Bookmark this reply Add cladhunter13 to your friends list Get a Link to this Reply
As for the gentleman who happened upon a hoard of the coin variety. I do not think I would have reported that to anyone. Why release the fact that you have in your possession a hoard of a sought after coin. I would of had a quantity graded and filter them out slowly. With the ongoing removal of the Canadian cent from general circulation...the value of a particular coin would surely be affected by the quantity available to the market. I have a few raw in my collection and I can't imagine me selling them in the near future. I have never really been in it for the money...I like the hobby itself and the thrill of the hunt.

Now...I just need to find a roll of the 1955 NSF Cents to hide away and drool over. I like the one I have but I could always use a few nicer examples. :)

Happy Hunting all.
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silverwolf's Avatar
Canada
3733 Posts
 Posted 06/19/2013  4:30 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
i personally have gone through 16 boxs of pennies I found one in the second box I opened , then not a single one since..go figure..
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jpaiva83's Avatar
Canada
567 Posts
 Posted 06/19/2013  4:43 pm  Show Profile   Bookmark this reply Add jpaiva83 to your friends list Get a Link to this Reply
I must have gone though 15-20 boxes of pennies. I found zero.
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pennysaver's Avatar
Canada
937 Posts
 Posted 06/20/2013  12:02 am  Show Profile   Bookmark this reply Add pennysaver to your friends list Get a Link to this Reply
Me too. I found one in change right before the pennies were pulled but found nada in any rolls I've searched.
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 06/20/2013  06:58 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I agree 100% with cladhunter13 !
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 06/28/2013  8:19 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Quote:

As for the gentleman who happened upon a hoard of the coin variety. I do not think I would have reported that to anyone. Why release the fact that you have in your possession a hoard of a sought after coin. I would of had a quantity graded and filter them out slowly.


Or ... talk about it to CCN. Buy up the supply at a coin show . And then put in a full page add in the next CCN.

"ULTRA RARE"
"Estimated Mintage: 30,000"

"MS-65 - $635 (51 certified by ICCS)" (xxx x17 pictured)
"MS-66 - $1235 (28 certified by ICCS)" (XIH 082 pictured)
"MS-67 - $2435 (5 certified by ICCS)" (XIH 050 pictured)

So, is he including his flood of certifications in the numbers? The certificates pictured imply at least XIH 017 - XIH 082 are now certified (65 new ICCS certifications)

Edited by dialog_gvf
06/28/2013 8:20 pm
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o-train's Avatar
Canada
519 Posts
 Posted 06/28/2013  8:55 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
I started setting the 2006 pennies aside in my last 3 bags and found 2 2006 magnetic no logo. Probably sent at least a few more back to the bank when I wasn't looking for them. The 2006 P mint mark coins seem to be more scarce and I have yet to see one (but have only been looking in the last ~7500 cents).

I don't think these are as scarce as some people want to make them appear. However, the vast majority are going to get melted down so maybe they will be.
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Canada
1984 Posts
 Posted 06/28/2013  11:08 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
The thing that is crazy is that the MS65 sold for around $250 before he found his hoard. And the MS66 for say $900.

I would peg the value of an MS 65 now at say $150 and an MS66 at $500 tops. And maybe he only certified half his hoard.....or maybe 25% of his hoard.......
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 06/29/2013  1:37 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Trends is $300 for the MS-65 and $500 for the MS-66.


Quote:

However, the vast majority are going to get melted down so maybe they will be.


You're right with respect to the evil-twin: 2006P non-magnetic. But, this is the magnetic (STEEL) coin. It will be culled by roll/box hunters well before it wears out. It will specifically pass the ARP (apply magnetic field and recirculate what attracts).


From the ad:

"Please note: some of these coins have been sent back to the Mint for melting"

By the Hamilton dealer? How can this guy not be viewed as greedy and untrustworthy?

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