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 Replies: 6 / Views: 1,398 |
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New Member
United States
42 Posts |
This is getting fun the more I learn! OK, story... Bought 5,000 pennies from APMEX on ebay. Adsays 1090-1958 wheat pennies. Went through about 700 of them and they were all 40's and 50's. So, I filed a refund claim. Then I decided for my time, I will pull out all the clean ones. Was about 50, maybe. Well, I decided not to return the bag. For $200.00 I figured, they could not have caught all the errors, and for 4 cents each, I will keep them. This is the third coin I put on my microscope! Any ideas. It has the worn die edges like the Susan B I posted, but not as bad. It has this weird raised edge like half a hat on old Abe's head. Is a die chip?     |
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Rest in Peace
10197 Posts |
Looks like a struck through piece of foil, that or superglue letting color thru. $200 for 5k? Shoulda bought mine when I had em, guaranteed mix of at least 19.5% 10's-30's...too late now, was selling for $220. Give you a hint, anything for that amount that price will be the dealer dumps, bought at road shows in motels. PM and I can tell you a place to get some for a reasonable fee if errors are what you want. I stopped buying mega bulk after 33,000. Once you get these darn things, ya can't hardly give 'em away!
Edited by Crazyb0
10/09/2017 12:27 am
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Bedrock of the Community
United States
12477 Posts |
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
10/09/2017 01:19 am
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Moderator
 United States
56855 Posts |
aka cracked skull. 4 cents each for 1940's and 1950's are on the high end. If you went to a dealer and tried to sell then,you would get 2-3 cents each. So the spread is minimal. John1  |
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Bedrock of the Community
United States
17884 Posts |
Quote: Bought 5,000 pennies from APMEX on ebay. Adsays 1090-1958 wheat pennies. Went through about 700 of them and they were all 40's and 50's. So, I filed a refund claim. Considering about 90% of all the wheat cents were struck in the 40's and 50's, a random selection of 5000 wheat cents should contain about 4500 pieces from the 40's and 50's. |
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Valued Member
United States
406 Posts |
The reviews on their website for this product are terrible. Everyone says that they received only like, 2 pre-forties. But I suppose there is the opportunity to find errors, which you pointed out.
Also, Crazybo, 4 cents per each doesn't necessarily mean that. I bought some wheat cents for that price at a dealer and about 30-45% were pre-1940.
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Bedrock of the Community
United States
94367 Posts |
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Replies: 6 / Views: 1,398 |
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Posted 10/09/2017 01:18 am
