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I Just Found 91 1909 Cents In A Bag Of 1,100 Wheats!

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mahgobbi's Avatar
United States
549 Posts
 Posted 12/31/2007  8:57 pm Show Profile   Bookmark this topic Add mahgobbi to your friends list Get a Link to this Message Number of Subscribers
I know this will seem like nothing to most people here, but I'm a newbie so this is exciting for me...91 1909s in a bag of 1,100 coins!
I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!

I took a huge chance and spent $75 (including s/h) for a bag of 1,100+ wheats. Prior to this I hadn't paid more than $.05 per cent (which is the highest amount I figured I could spend and know I'd be able to make back my entire investment when I sell them after cherrypicking ) I kind of had a gut feeling that this would be a good group of coins because the seller listed a bunch of coin auctions all at once and from the looks of her listings she had no clue what she was selling...seemed like she was just selling off grandpa's coin jar or something.

The coins arrived today (broken jar and all ) and it was a strange mix. There was a strong concentration in 1956, 1936, 1937, and 1909 coins...the rest of the mix was typical, but those four years probably accounted for 50% of the 1100 coins (all I can think of is maybe 36, 37, and 56 are the birth years of the parents and a child?). In addition to the 1909s, I found very nice 1915D, 1931, and 1931D coins, plus some upgrades for some other coins in my book. Rolls of 1909-only coins are selling for about $150 shipped on ebay, so between the 91 1909s and the other 1,000 wheats, I should be able to more than quadruple my investment...plus I got to cherrypick the good ones to keep.

Now on to all of my questions because I'm a clueless newbie to coin collecting!

I need a little help with determining the condition of the 1909 cents. Most of them are fairly worn, but there are none where you have to use a magnifying glass in order to determine the date. The dates are all clear. So that would make them all in at least "good" condition, right?

Where it gets hard for me is determining the condition of the "better" coins (none are great, but some are better than others). There are a handful of coins which look like the one in these pics. They are the best of the bunch. Can you give me any indication of what it would rate (I would guess F or VF, but I'm just not sure).
I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!

I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!

Next question...I didn't see any S mints or VDBs in the bunch, with two possible exceptions. Both coins are in such bad shape that they wouldn't be worth anything even if they were, but I don't have any S mints or VDBs in my book, so a bad coin is better than nothing at this point! The coin in the first two pics below looks like it might be a VDB, but the coin is crushed so I can't really tell if it was a VDB or just crush marks that I'm seeing. The coin in the second two pics below has a rough spot right where the S mint would be. The coin is in such horrible condition that I just can't tell if it's a mint mark or not. I don't think it is, but I figured I'd let all you experts take a look.

I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!

I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!

I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!

I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!

Sorry for all the newbie questions. You've all been so helpful here. I've learned more on this site than anywhere else on the web! Thanks in advance!
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mahgobbi's Avatar
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549 Posts
 Posted 12/31/2007  9:21 pm  Show Profile   Bookmark this reply Add mahgobbi to your friends list Get a Link to this Reply
One other question...I forgot to post this one, which I found in that same group of 1,100 coins.

What's going on with this coin? Both the date and the L in Liberty are messed up!

I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!
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ceaton's Avatar
United States
1179 Posts
 Posted 12/31/2007  10:02 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
Wow, what luck! Nice find there. For such a newbie, you take good pics..I am horrible at it! help! :)

As far as grades, cant help you there. The one that has a kink in it does not appear to have a vdb. Is it an 1909S?
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GO's Avatar
United States
6563 Posts
 Posted 12/31/2007  10:09 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Did you check for any VDB's on the reverse?
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patrick's Avatar
United States
560 Posts
 Posted 12/31/2007  10:15 pm  Show Profile   Bookmark this reply Add patrick to your friends list Get a Link to this Reply
mahgobbi,

Great finds - congratulations! I'll try to answer some of your questions but I'm relatively new at this too so take them with a grain of salt. :-)

I would grade the coin in the first set of close ups no higher than F12. It might actually be closer to VG8, depending on the wear on wheat ears ((it's hard for me to see them in the photo) and how much you detract for the dark spots on the reverse. Post this in the grading forum and you'll get lots of advice. Check here for information on grading:

http://www.coincommunity.com/coin_f...heat_ear.asp

The crushed coin with the dimple where VDB goes does not have VDB (at least as far as I can tell). The coin with the rough spot where the mintmark goes does not have an S. Sorry.

I don't know what's going on with the last coin. Do you have close ups of the Liberty and date areas? I would post this in the error forum - I'm sure someone there will tell you exactly what the deal is with this coin.

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mahgobbi's Avatar
United States
549 Posts
 Posted 12/31/2007  10:20 pm  Show Profile   Bookmark this reply Add mahgobbi to your friends list Get a Link to this Reply
Thanks for the responses.

Actually, I'm now pretty sure that the kinked coin IS a VDB. I got under direct light with it and a good magnifying glass and the lines look pretty convincing to me. I'll try to get a better photo. Of course, it isn't worth much of anything because there's no S mint mark and the kink more than likely kills any potential value it could ever have. It fills an empty spot in my book though.

I was pretty certain there was no S on the other one, but it was rough on that spot, so I figured I'd post it just in case.

My kids and I have been collecting for less than a month. So far I've bought a bag of 1,000 wheats, a bag of 5,000, and now this bag. We only have 16 empty spots left in the book now and there are probably less than 10 coins which would rate worse than VF. I guess maybe we've just been very lucky. Up until today it was a free hobby, since I was reselling the unused coins for more than I originally paid. As soon as I sell those 1909s, it'll be a money-making hobby! I'm sure that won't last long though...I can see becoming obsessed with this and it'll turn into a very expensive hobby!

To get good photos, I just put the camera into macro mode and take photos at the highest resolution, then crop them down to size.
Edited by mahgobbi
12/31/2007 10:23 pm
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mahgobbi's Avatar
United States
549 Posts
 Posted 12/31/2007  10:38 pm  Show Profile   Bookmark this reply Add mahgobbi to your friends list Get a Link to this Reply
Changed my mind again. I think the rest of you are right about the VDB. I tried to get a better photo and the "letters" I thought I was seeing just don't look right when they're blown up. This pic isn't very good, but it's the best I can get...

I-Just-Found-91-1909-Cents-In-A-Bag-Of-1,100-Wheats!
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eaglefoot's Avatar
United States
6326 Posts
 Posted 01/02/2008  10:47 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I gotta try this "digital picture taking thing" too ! Those are great finds ! I have everything in multiples of the first year except the 1909 VDB S !! I love all coins, but there's just something about the Wheat cent I swear..... I really like em' !!!
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