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Penny Roll Searching

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Author Previous TopicReplies: 11 / Views: 1,662Next Topic  
Valued Member
papermoney's Avatar
United States
177 Posts
 Posted 07/11/2013  07:31 am Show Profile   Bookmark this topic Add papermoney to your friends list Get a Link to this Message Number of Subscribers
I bought $20 of penny rolls from the bank, and found several coins. One roll was all uncirculated gems from the 70's, and it was in the old style wrapper. I also found a 1904 Indian and a 1909-VDB, with a many wheats. Is the roll of uncirculated ones worth anything - they're all before 1980.

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Valued Member
JJHFL's Avatar
United States
395 Posts
 Posted 07/11/2013  07:55 am  Show Profile   Bookmark this reply Add JJHFL to your friends list Get a Link to this Reply
I take it its a mix of 70's, not just a single year? Have you searched it for specific coins of value such as a 1970S small date? Maybe someone's dump if its mixed date BU, in which case may have been picked clean. Or possibly someone dumped a roll they came across not knowing the contents. I can usually get a BU roll of mixed dates from the 70's at my LCS for $2 bucks... Knowing full well it's going to be filled with commons.
Valued Member
United States
75 Posts
 Posted 07/11/2013  12:54 pm  Show Profile   Bookmark this reply Add mizugori to your friends list Get a Link to this Reply
When you guys throw around the term BU it confuses me a bit. Could someone post a few pics of what you are considering BU coins from the 70s? I think BU coins that old are quite rare but maybe I am being too strict about what qualifies as "BU."
Pillar of the Community
United States
742 Posts
 Posted 07/11/2013  1:16 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
Maybe you want to have this discussion on the Coins forum instead of Paper Money.
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jbuck's Avatar
United States
188646 Posts
 Posted 07/11/2013  2:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Maybe you want to have this discussion on the Coins forum instead of Paper Money.
Done.
Valued Member
Kritler's Avatar
United States
107 Posts
 Posted 07/11/2013  2:20 pm  Show Profile   Bookmark this reply Add Kritler to your friends list Get a Link to this Reply
I will have to call your bluff and say pics.
Valued Member
United States
75 Posts
 Posted 07/11/2013  3:10 pm  Show Profile   Bookmark this reply Add mizugori to your friends list Get a Link to this Reply
who is that directed at? I still want to see pics of these pennies you guys are calling "BU"
Valued Member
JJHFL's Avatar
United States
395 Posts
 Posted 07/11/2013  7:27 pm  Show Profile   Bookmark this reply Add JJHFL to your friends list Get a Link to this Reply
BU = Brilliant Uncirculated. Uncirculated basically equals anything MS60 and up. Brilliant basically equals red with some luster. I'm in a hotel at the moment so I can't post a pic, but maybe someone else can help out. So to answer your question, is a BU coin from the 70's rare... Not really... Nor 60's... Nor 50's... Obtaining sub 1930's in BU is pretty much the breaking point, at least for me, where it begins to cost a bit more to obtain. Commons in that area can cost me $1 to $2 each at my LCS versus $2 roll of BU from 1970's for example. Again, your mileage may vary. This is my local experience.
Valued Member
JJHFL's Avatar
United States
395 Posts
 Posted 07/11/2013  7:36 pm  Show Profile   Bookmark this reply Add JJHFL to your friends list Get a Link to this Reply
Actually I can help a little more. Both of these coins would be cosindered BU, while sometimes people mistake only coin on the right as BU.


Penny-Roll-Searching
Valued Member
United States
75 Posts
 Posted 07/12/2013  09:43 am  Show Profile   Bookmark this reply Add mizugori to your friends list Get a Link to this Reply
but the coin on the left has clearly been circulated a bit... I'm confused now
Valued Member
JJHFL's Avatar
United States
395 Posts
 Posted 07/12/2013  6:09 pm  Show Profile   Bookmark this reply Add JJHFL to your friends list Get a Link to this Reply
You and me both at first :) When I first started I quickly learned by paying too much for some BU cents... Expecting the coin on the right and getting the coin on the left :) I guess the best explination is, just like grading, uncirculated is subjective. I Am still fairly new though, so if I missed any major points please feel free to chime in. There are different descriptive terms to BU, such a Gem or Choice which would indicate a BU coin at the higher end of the grading scale (coin on right).
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papermoney's Avatar
United States
177 Posts
 Posted 07/13/2013  11:34 am  Show Profile   Bookmark this reply Add papermoney to your friends list Get a Link to this Reply
Yes, those coins are BU. They're dates ranging between 1969-1979.
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