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Odds Of An Indian Head Penny?

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 Posted 10/17/2012  10:48 pm Show Profile   Bookmark this topic Add VGRX to your friends list Get a Link to this Message Number of Subscribers
Speaking of all dried up...I've gone over many a roll of pennies and have yet to see an Indian cent. I'm sure there are a few out there still but how rare is it to find one today in a bank roll?

1 per every 10 boxes? 20, 50 100?
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hesgut's Avatar
1028 Posts
 Posted 10/17/2012  11:06 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
1 per 10 boxes probably. Those will be culls too. I think there are probably 0 of them left circulating from their mintage years, but sometimes other collectors throw culls into circulation when they are worth nothing and they don't want them.

I haven't specifically done that with IHCs, but I've put over 100 Buffalo nickels in circulation...mostly garbage though.
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jram's Avatar
United States
81 Posts
 Posted 10/17/2012  11:35 pm  Show Profile   Bookmark this reply Add jram to your friends list Get a Link to this Reply
Ive gone through almost 20 boxes and I have found 0 IHC, 0 WAMs too but i'll keep looking!
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United States
161 Posts
 Posted 10/17/2012  11:53 pm  Show Profile   Bookmark this reply Add VGRX to your friends list Get a Link to this Reply
What is a WAM ?
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/18/2012  12:38 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
I found an Indian cent and 2 Buffalo nickels a couple months ago. The word "Liberty" was totally gone from the band on the Indians headdress and the dates were totally gone from both Buffs, so the poor old things didn't even make the grade of 04-Good. Kind of took the joy out of finding an actual Indian and Buffs! Having now heard the tale of how hunter/collectors will toss the occasional bottom-end old Indian or Buff back into the circulating coin pool just to yank somebody's chain, I think I'll toss my Indian and 2 Buffs back out into the pool and keep the tradition alive.
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John1's Avatar
United States
56855 Posts
 Posted 10/18/2012  05:08 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
A WAM is this http://koinpro.tripod.com/Articles/...arieties.htm
I don't know how many boxes it would take to equal aprox 1.3 million cents searched but that's how many I looked through to find 4 IHC's.
John1
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United States
71 Posts
 Posted 10/18/2012  05:36 am  Show Profile   Bookmark this reply Add tuleja to your friends list Get a Link to this Reply
The odds of an Indian are way less than 1 in 10 boxes unless you are extremely lucky, if that was the case I would find 1 every two weeks. I have found 4 so far, 1 shortly after starting last year and 3 this year. I go through about 5 boxes a week. So I have gone through about 200 boxes and found 3 this year. I have seen someone post that they had found 9 in one box, that would definitely raise that persons average, but unless you are very lucky, much less than 1 in 10.
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dfg04's Avatar
United States
116 Posts
 Posted 10/18/2012  09:55 am  Show Profile   Bookmark this reply Add dfg04 to your friends list Get a Link to this Reply
Ive never found any indians in cirulation. And I keep any coin I collect because maybe, just maybe, theyll all be worth a fortune, no matter the condition.
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jbuck's Avatar
United States
189299 Posts
 Posted 10/18/2012  10:31 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have never found an Indian Head cent, but there are more than a few who have. The show up from time to time in the Cool Lincoln Roll Finds thread.
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baysinger626's Avatar
United States
950 Posts
 Posted 10/18/2012  2:14 pm  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply
I found my only roll Indian in like my 5th box. The only other one I ahve that I didnt pay for was in the parking lot of a gas station. To be fair, it is so terribly damaged that the only reason I can tell that it was an indian as one point is from the wreath shape on the back. There is no hope of seeing a date.

Edit..
just thought about this.. I have been through about 2 times more dime boxes than cents, and I have found 4 Mercury dimes. Interesting to think that they are more common in circulation still than Indians.
Edited by baysinger626
10/18/2012 2:16 pm
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hesgut's Avatar
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 Posted 10/18/2012  2:52 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply

Quote:
Kind of took the joy out of finding an actual Indian and Buffs! Having now heard the tale of how hunter/collectors will toss the occasional bottom-end old Indian or Buff back into the circulating coin pool just to yank somebody's chain


I never had the intention of yanking anyone's chain. Quite the opposite really..I would think it would be exciting for someone else (collector or not) to find one. I also should define what I meant by garbage. I simply meant a buffalo that I can't sell and I don't want personally. Any buffalo I have that is corroded or otherwise really really bad I throw in the garbage. I have put full date VG coins from the 30's, some partial date AG semi-keys like 23-S and 25-S in circulation. I actually threw a 14-D in once. It was a restored date and it was extremely weak, but still a 14-D.

As far as IHCs, I've only found 1 and I've searched about 10 boxes so I guessed 1/10. Of coarse, I might search another 50 boxes and not find another so who knows.
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jbuck's Avatar
United States
189299 Posts
 Posted 10/18/2012  3:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
...I have found 4 Mercury dimes. Interesting to think that they are more common in circulation still than Indians.
Not really surprising to me, considering that the last IHC was minted seven years before the first Mercury dime. Then again, if the silver content is a factor, I think I understand what you mean.
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United States
209 Posts
 Posted 10/18/2012  5:13 pm  Show Profile   Bookmark this reply Add gold panner to your friends list Get a Link to this Reply
I have been through around 20 boxes and have yet to find an indian. I have done about the same with dimes and have not found a Mercury dime yet. As for buffs I probably average two per box I have boxes with none but then I will get a box with a few in it.
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sich0015's Avatar
United States
255 Posts
 Posted 10/18/2012  5:15 pm  Show Profile   Bookmark this reply Add sich0015 to your friends list Get a Link to this Reply
My records show 7 found in 443,750 searched which is about one every 25 boxes.
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ngs428's Avatar
United States
359 Posts
 Posted 10/18/2012  10:25 pm  Show Profile   Bookmark this reply Add ngs428 to your friends list Get a Link to this Reply
For IHC: 1 found in 21,500 coins searched
For Mercury dimes: 4 found in 4,400 coins searches (I found all those 4 and 3 silver rosies in $80 worth a few weeks back)
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baysinger626's Avatar
United States
950 Posts
 Posted 10/19/2012  11:31 am  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply

Quote:


Quote:
...I have found 4 Mercury dimes. Interesting to think that they are more common in circulation still than Indians.

Not really surprising to me, considering that the last IHC was minted seven years before the first Mercury dime. Then again, if the silver content is a factor, I think I understand what you mean.

I suppose you're right.. It would be more akin to finding a Barber coin in a roll. Is the V nickel considered a Barber?
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