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 Replies: 19 / Views: 3,811 |
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Valued Member
United States
120 Posts |
So, I think I just learned a valuable lesson. I picked up a box of pennies from my bank earlier today. The box the teller gave me was taped shut. I didn't question it, and figured that they probably just consolidated two boxes, or some loose rolls or something. Well, I just opened it up to find 50 marked CWR! Think it's a safe assumption that I won't find any LWC? And no, I don't think the bank did it on purpose. And being the good roll hunter that I am, I'm not going to bring the box back. I just hope that the whoever deposited these rolls has different interests than I do. I have to wonder though, who has the gumption to bring a box of CWR to the bank in the first place? And what bank would take them (apparently mine)? |
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Pillar of the Community
United States
1204 Posts |
Did you find LWC's ? Yesterday I also got a full box of cwr but not a single LWC and it hurts to know someone is using my banks as dump . |
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Valued Member
 United States
120 Posts |
Quote:Did you find LWC's ? I've only looked through a few rolls. I highly doubt I'll find any. |
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Rest in Peace
United States
9104 Posts |
It only hurts like a salesman being r/ejected. I threw a girl out of the shop when she was selling some miracle cleaner at about ten times what it was worth. She got as far as the bench next door, where I found her, crying.
I sat down and explained she's looking at things backwards, and I just did her a favor. I've seen the product and the 15 minute sales pitch and I'm not interested. I just saved you 15 minutes that you can spend trying to make a sale to someone else.
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Valued Member
United States
120 Posts |
As if I had any doubt that I got a roll hunters dump...  |
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Pillar of the Community
United States
593 Posts |
Being new here and have done much serious collecting for years. I have a large jar (55lbs)  of pennies prior to 1990, Is there any coins beside wheat cents in the 59 and newer mintages that I should look for? Also some terms used I dont know? like CWR or LWC  Thanks Gary |
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Pillar of the Community
United States
3345 Posts |
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Pillar of the Community
United States
553 Posts |
garys64wildact There are many things you can look for in your jar of pennies. It really depends what you want to look for. There are repunched mintmarks (RPMs) below the dates of pennies before 1990. These RPMs can be sold for a premium. Also, there are doubled dies which can be worth a lot. Also, it is a good idea to keep any cents you find with a high grade. There is a good reference website called coppercoins.com for the doublied dies and RPMS A lot of people are very knowledge and helpful on this forum so  and we hope you stick around. Btw, CWR stands for customer wrapped roll and LWC stands for Lincoln Wheat cent. |
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Pillar of the Community
United States
8516 Posts |
My wife got 6 wheats in her box of pennies yesterday. She thought that was pretty bad.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Valued Member
United States
120 Posts |
Quote:
Is there any coins beside wheat cents in the 59 and newer mintages that I should look for? As others have mentioned, there are lots of things that you can look for. A lot of people look for the 1998, 1999, and 2000 WAM ( Wide AM), as well as the 1992 CAM ( Close AM). There are different date sizes, such as the 1960 and 1982 large and small dates. There are also doubled dies on quite a few LMC. As someone mentioned, there are repunched mint marks as well as over mint marks. However, these only exist prior to 1990. There really are countless things to look for. Here is a list of the top 50 varieties, some of which are LMC. http://www.lincolncentresource.com/Top50.htmlHere is a fantastic resource that allows you to see varieties by year. http://coppercoins.com/ |
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Pillar of the Community
United States
3276 Posts |
Hey there is still copper available, unless he pulled that too.
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Valued Member
Canada
449 Posts |
Dumpers can sometimes be transient, or in other words don't always dump at the same bank. Talk to your tellers. They are the only ones who know for sure...
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Valued Member
United States
120 Posts |
Quote:
Hey there is still copper available, unless he pulled that too. Nope, he didn't pull the copper. Though there does seem to be more zinc than normal for my area. |
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Valued Member
United States
141 Posts |
After I search my box of pennies( or nickels, dimes, quarters and Halfs) I rewrap them and deposit them back into my account.(at a different bank them I picked them up from) The teller has no choice but to take them. She simply smiles and counts how many rolls I have today. Hopefully there aren't any roll searchers using my dump bank for pick up. It will make for a boring evening for them.
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Rest in Peace
United States
9104 Posts |
Even if you are depositing to an account, the bank is under no obligation to take them. Look to a future where banks will charge to take coins, just like Coinstar.
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Pillar of the Community
United States
8516 Posts |
I have an account with US Bank and right now they don't charge me a fee to return my rejects. They do charge me 3.50 for a 50 dollar bag of pennies. I got 18 wheats and a nice 1960 D/D.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Replies: 19 / Views: 3,811 |
Posted 03/08/2012 6:05 pm
