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 Replies: 10 / Views: 1,663 |
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Pillar of the Community
Canada
548 Posts |
A friend of mine knows I'm into coins, so he asked me if I wanted to look through a bag of pennies his wife has collected to be donated to their church. I said sure; they'll get all their coins rolled up and we'll split the profit if I find anything significant.
So she came over with a 15 lb. bag of pennies. Guess what I'm doing this weekend.
Anyone have an idea what 15 lbs. of pennies might translate to as a dollar value, just so I can be sure I'm in the ballpark when I'm done.
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Pillar of the Community
Canada
1984 Posts |
Older cents are 3.2g each or a little 150 to a pound.
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Pillar of the Community
Canada
695 Posts |
Should be about $25 or so.
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Pillar of the Community
Canada
1700 Posts |
Look for good dates since I assume that there's at least a fingerprint on every one of them.
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Pillar of the Community
 Canada
548 Posts |
After some preliminary sorting I finished up with 49 rolls of pennies - $24.50. Since it's for a church I added another roll to make it an even $25. Curiously, of those 49 rolls slightly more than 8 were American. I find it hard to believe that 16% of the pennies formerly in circulation in Canada are American, yet there they are. Maybe I'll start an American penny collection.
There were no 2012 pennies in the bag at all, and very few 2011s.
What I think I'll do now is see if I can put together a semi-decent roll of coins from each year. They certainly aren't all going to be MS, not even close for some of the older ones, but just having a roll of everything is doable, since in a few years pennies of any vintage won't be around.
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Valued Member
Canada
389 Posts |
Did you check all the 2006's?
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Pillar of the Community
Canada
1700 Posts |
Some people just want to get rid of American pennies (what I used to do. I either donated or gave away American pennies since I didn't know much about them).
2012 pennies are very hard to find in circulation. During my roll hunting last year, I only found 15 out of 2500.
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Pillar of the Community
Canada
1161 Posts |
Well...150 - 160 cents to the pound. There are many different variables that will cause the coin weight count to vary. Some variables are: wear, nationality, composition & outside contaminants (residue, glue & other debris).
I prefer to count them and roll them out so both parties know it is fair. With Canadian Copper coins...I use a plastic nickle holder with the screw top. Fifty-three cents fills it to the rim. I just finished counting out $212 in copper cents to sell to my buyer. It goes pretty quick when you can just dump them into the tube.
Edited by cladhunter13
02/23/2013 5:08 pm
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Pillar of the Community
Canada
548 Posts |
@ bmxboy
I check everything pretty closely - I'm just about to start going through the 1985s - but didn't find anything special, just a couple of coins that were better than the ones already in my book. Not that I expected to since I did find a magnetic 2006 no P no Logo in my pocket change last year and I figure that used up my luck for some time.
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Pillar of the Community
Canada
548 Posts |
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Pillar of the Community
Canada
548 Posts |
Final tally of the older stuff:
1 x 1940
1 x 1942
1 x 1947ML
1 x 1950
1 x 1951
1 x 1955
1 x 1956
1 x 1957
1 x 1959
& a bunch of 1960s but no hangers or anything like that.
But now I know where the term 'filthy money' comes from - boy were those pennies DIRTY!
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Replies: 10 / Views: 1,663 |
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Posted 02/22/2013 7:34 pm
