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 Replies: 10 / Views: 947 |
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Pillar of the Community
United States
1450 Posts |
While organizing my wheat pennies collected over the last 8 months from rolls I noticed an odd thing!The 1940's,WITHOUT mintmarks, outnumber the ones WITH mintmarks at a ratio just about 5 to 1. On the other hand, the 1950's WITH mintmarks outnumber the ones WITHOUT mintmarks at almost a 4 to 1 ratio. I know my sample is too small to be statistically significant and I don't mean to imply that these numbers have and real meaning, but I thought it was strange how the numbers almost reverse themselves between decades. Has anyone else ever looked at this and seen anything similar?
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Pillar of the Community
United States
7123 Posts |
Hi Hockingzig do you have a RedBook ? check out the mintage numbers and I think you will be able to solve the mystery ! LOL its cool that you noticed the difference ! |
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Pillar of the Community
 United States
1450 Posts |
Checking mintages was my next thing to do but that extreme a difference seemed too much to be just due to mintage differences. Thanks for the info, I guess I know which ones to hold onto now.LOL!
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Pillar of the Community
United States
1450 Posts |
Metalman, I just checked the mintages! AMAZING!The ratios are almost exactly what I was finding. Thanks for the guidance. Next time I will look before I post!
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Moderator
 United States
187582 Posts |
Discovering something for the first time? Priceless!  |
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Pillar of the Community
United States
7123 Posts |
Quote:
Metalman, I just checked the mintages! AMAZING!The ratios are almost exactly what I was finding. Thanks for the guidance. Next time I will look before I post! We want you to post these type things ! So don't not post because you have the answer there are plenty of folks who will learn from this thread and your question ! |
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Bedrock of the Community
United States
19930 Posts |
Indeed...looking at the mintages you now know why you didn't find a 1909S VDB or a 1914D in those too. LOL
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
17884 Posts |
[quote]Metalman, I just checked the mintages! AMAZING!The ratios are almost exactly what I was finding. Thanks for the guidance. Next time I will look before I post![/quoet]
I'm glad you posted it. I new that the heats from the 40's and 50's were common bu I hadn't realized the ratios were that skewed. You taught me something new, and I've been at this for 35+ years.
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Pillar of the Community
Canada
838 Posts |
Neat observation! Even if the mintages don't agree, it often does happen that small samples get biased this way. For instance, living in the west, I have in my wheat hoard obtained a bias towards mintmarks. When I die, somebody might sell all my 1940s wheats to a guy who lives in Virginia, say, and skew his totals. Gee, that's a morbid thought... sorry, I was actually in a good mood so far today.  |
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Pillar of the Community
United States
1450 Posts |
bibd, actually what it might be showing is that over the long haul(say 50-60 years) coins get distributed fairly evenly in all areas of the country and may not be as regionalized as we like top think they are. I am in Ohio so some of you folks in other areas might want to take a look at what you've got and see if the ratios vary significantly from region to region. Keep in mind, my numbers are only coins pulled from circulation in the last 8 months. If you are buying large lots that have been high-graded there will be a different bias. It would be an interesting study for sure if we had large numbers under similarly collected conditions.
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Pillar of the Community
Canada
838 Posts |
Oh yes, of course. The mintmarks mix in pretty well due to circulation over the years. Agreed.
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Replies: 10 / Views: 947 |
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Posted 10/21/2008 09:43 am
