| Author |
 Replies: 14 / Views: 1,852 |
|
|
Valued Member
Canada
105 Posts |
So I went to my bank to pick up my daily box of pennies and upon a quick glace I see a few young Elizabeths at the ends of the rolls.
So when I sit down to open them I notice something strange. They are all young Elizabeths more specifically these are all 1964 pennies. So essentially I up about 2,500 pennies from 1964 all in at the very least AU condition. Is there any premium for this, or am I stuck with face value? I was hoping to search for some oldies though :/
|
|
|
|
Pillar of the Community
Canada
1700 Posts |
Try to find superb BUs. The melt value is even more than the face. You could sell the AU in rolls and pull the BU. Lower conditions can be left in the melt bin. Hold on to them for several years if you want.
|
|
Valued Member
Canada
331 Posts |
Personally, I would search them for varieties. Nice find!
|
|
Pillar of the Community
Canada
933 Posts |
crazy find, id search for varieties too. with gloves just in case you find some superb quality ones :P
|
|
Valued Member
 Canada
105 Posts |
yea I'm going through them with gloves now pulling the BUs and AUs they are all AU's so far. I swear a couple could be of MS grade, I was so surprised to find a box with all 1964s, having said that the ends of the rolls only confirm that, I have only opened 6 rolls so far. Still pretty stoked about this find. No varieties to reports as of yet.
|
|
Valued Member
Canada
105 Posts |
Edited by godless117
09/28/2012 02:00 am
|
|
Valued Member
Canada
372 Posts |
There are tons of 1964 in MS out there.The highest mintage of all the 60's I would keep a couple of rolls to sell raw and the rest for melt.Copper is at $3.70 and you need 140 cents to make a pound so $0.026 per piece.
|
|
Valued Member
291 Posts |
Pick out the nice ones and sell the rest for copper.
|
|
Valued Member
Canada
227 Posts |
|
|
Pillar of the Community
Canada
504 Posts |
I thought it was illegal to melt down copper coins and who could you sell to if it was possible.
|
|
Pillar of the Community
Canada
5324 Posts |
canadian dealers ship to american smelters and vice versa
|
|
Pillar of the Community
Canada
1005 Posts |
I sell for 1.5 cents each to an established business that gladly takes all pre 1997 pennies and pre 82 us. I don't ask or care what he does with them.
It is a far drive from home for me to go I need alot of boxes of copper to make it worthwhile. Nickels pre 82 for 8 cents each to the same place.
|
|
Valued Member
Canada
105 Posts |
I had posted here last night looks like it was removed? anyway I think I may have found a new variety (possibly) after going through maybe 7 rolls I have found 3 pennies that have either a weakly imprinted stem on the left leaf or no stem at all, does not look like PMD or wear as the coin is spotless otherwise. Anyone ever hear of this? |
|
Pillar of the Community
Canada
933 Posts |
|
|
Valued Member
Canada
105 Posts |
Will post asap my scanner is still on the fritz :/
|
| |
Replies: 14 / Views: 1,852 |
|
Posted 09/27/2012 6:46 pm
