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So Now I'm Stuck

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New Member
Nortonthe1st's Avatar
United States
23 Posts
 Posted 06/05/2007  5:59 pm Show Profile   Bookmark this topic Add Nortonthe1st to your friends list Get a Link to this Message Number of Subscribers
I've been working on my father's penny collection for about 2 weeks. It Previously was just piled up in a wooden box, stored in socks, ect. I've managed to seperate out a vast majority of the wheaties, 60's, 70's 80-81s (He stopped collection in '82, they're all coppers), Just to have some slight organization.

Where should I go from here, I havn't found any key dates or anything like that. Should I expand his collections with the rest of the wheaties, and then maybe move on to the indian head? Or should I side line the project (I'm not going to get much return out of all these pennies) and work on my other circulation sets, like my rosevelt dimes, Washington quarters, and Jefferson nickles, circulated sets?

Silver prices are going back up, so I'm not too keen on working on my silver bullion sets. And that pesky 1995-W ASE isn't going to come down in price in the near future (Thats the only thing I need for a completly complete set).

Where set should I go to from here?

Any ideas?

Valued Member
Madmartigan's Avatar
United States
264 Posts
 Posted 06/05/2007  6:35 pm  Show Profile   Bookmark this reply Add Madmartigan to your friends list Get a Link to this Reply
Well if you are just into the collecting I'd purchase bags of wheats to see if you can fill out the collection. I've been working on my penny collection for years. Mostly by just looking in change, some rolls, etc. Just recently purchased a few lbs from ebay. Is lots of fun to see what I get. Penny collections are mostly for novice, young kids (my 8 yr old started her set last xmas), etc.

If doing the collection partly for investment I'd do the quarters, halfs, and sets.

Just my thoughts - I just found this board so am brand spanking new here.
Valued Member
TSmith3510's Avatar
United States
455 Posts
 Posted 06/05/2007  7:15 pm  Show Profile   Bookmark this reply Add TSmith3510 to your friends list Get a Link to this Reply
Penny collections are fun, and reminiscent for a lot of collectors. I know I started with cents when I was a kid. I have a slew of wheaties and bought a whole bunch of those tubes, sorted them out by year and mint mark, labeled them, quite a project. I still hoard cents, have thousands. Some day I'll do the tube thing with the rest of them. The post '82 cents don't have that nice nice coppery smell to them (obviously), and tend to get kind of mucked up. So many of them are filthy. I pull the new ones out right away and put them with my "shiny" ones. This is a collection and an effort that will never be complete. That's okay though.
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 06/06/2007  04:13 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I have about 50,000 Lincoln Cents, but don't have the ambition presently to start the sorting process.
Pillar of the Community
Nelrak's Avatar
United States
974 Posts
 Posted 06/06/2007  3:40 pm  Show Profile   Bookmark this reply Add Nelrak to your friends list Get a Link to this Reply
I started sorting my pennies about a month ago, I'd suggest getting them sorted by year, once done, start with your stacks of by year and separate by mint marks one year at a time. Once you have your first batch of year/mint mark get your loop or magnifying glass and start picking out the best of each for your collection. Take the residuals, count and write down how many and place them in penny wrappers and right what is in there. Then move to the next year and do the same. Granted it takes some time but it helps when you are ready to trade the extras and you have the nicest coins for your collection from your inventory already picked out.
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Metalman's Avatar
United States
7123 Posts
 Posted 06/07/2007  2:10 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Nelrak made some good suggestions ,, I keep 4 active sets all the time of circulated wheats ,,I try to keep them in the same grades per set, if I start a set in VG the whole set will be VG .

the rest I either give to someone or trade for other coins when the opportunity presents itself.

as for the other sets,Roosevelts,Washington quarters ect. for me its War Nickels and a few foreign coin series that I like are used as a break from the Lincolns ,,even as much as I love my Lincoln collection it can make you crazy to concentrate for weeks on end with them.

Metalman

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