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Huge Wheat Penny Lot

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Bassmaster's Avatar
United States
1130 Posts
 Posted 10/06/2013  10:19 am Show Profile   Bookmark this topic Add Bassmaster to your friends list Get a Link to this Message Number of Subscribers
I am sure everyone has seen this before on ebay. My question is, has anyone ever found a huge lot like this. What do you think the face value is on this many pennies?

http://www.ebay.com/itm/FIVE-5-ROLL...em3cd45d9708

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atticguy's Avatar
United States
1373 Posts
 Posted 10/06/2013  10:53 am  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
I've been fooled once and that was one time too many.

It's possible...........that the cents in the barrel are only a few inches deep. If the barrel WAS full then the plate of the hand cart would have most likely snapped off trying to move it. Also, a few thousand of the cents would have dumped out of the barrel when tipped to move it.

The coins are probably, as in all 'unsearched' rolls, 40's and 50's wheats. I live in Detroit so if the seller wants me to verify the cache I would be more than happy to drive over and take a look at them.
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rachums107's Avatar
United States
3345 Posts
 Posted 10/06/2013  11:24 am  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply

He's probably right. That barrel would be SUPER heavy
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BStrauss3's Avatar
United States
4589 Posts
 Posted 10/06/2013  11:26 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Read the auction carefully, he's selling Five Rolls allegedly put together from that barrel. But not actually in rolls, just in a baggie or similar.

As to moving the drum? I just measured 73 US cents in 1/4 cup (3.6 in^3). or 20.3 per in^3. A standard "55g" barrel is 13320 in^3 so that gives us 270,396 coins each weighing 3.11 grams or 1856 pounds plus the weight of the drum.
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United Kingdom
837 Posts
 Posted 10/06/2013  12:17 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
When I first saw the picture I was like ...until I read the description !
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Bassmaster's Avatar
United States
1130 Posts
 Posted 10/06/2013  1:59 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply
You have a good point about the barrel being that heavy. Has anyone ever come across a lot like this?
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 10/06/2013  3:25 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Not really. Probably a picture that they're just using. That said, I never get into buy "unsearched" rolls.
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reupman's Avatar
United States
597 Posts
 Posted 10/06/2013  5:10 pm  Show Profile   Bookmark this reply Add reupman to your friends list Get a Link to this Reply
if the barrel was full he'd have more than 10 available
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/06/2013  6:03 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply

Quote:
Several customers have found Canadian George V (1920 - 1936) small cents in their rolls.

No mention, however, of the countless George VI cents that would also be in there from the 40s and 50s. A lack of post-1939 Canadian small cents would be a sure indication of an artificial mix.
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/06/2013  6:04 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
It doesn't help that all the feedback says "king george" (or worse, "king g") either. The number matters... (and hey, Queen Elizabeth II's cents start in 1953, so they should be mixed in with those wheats [ending 1957, I think] as well!)
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ijn1944's Avatar
United States
19129 Posts
 Posted 10/06/2013  6:21 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
What's interesting here, for the heck of it I bought 10 rolls from 'clawsonbooks' (the link) two+ years ago and did okay. According to my records I picked up 1 G 1924D, 1 G 1932, and 3 G 1923S, in addition to an adequate mix of 20s, 30s, and the usual 40s and 50s. I figured I came out just a little ahead. Not advertising, just reporting. Was lucky. Can't vouch for the barrel...
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Bassmaster's Avatar
United States
1130 Posts
 Posted 10/06/2013  7:12 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply

Quote:
if the barrel was full he'd have more than 10 available


Yeah, but he has sold them for a while.
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Finn235's Avatar
United States
6130 Posts
 Posted 10/08/2013  10:55 am  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I saw one years ago, but they were selling at a much more reasonable price, and were sold by the pound. These people at least had the decency to admit that the old man didn't toss the 1909-S VDB's and 1955 DDO's in with the '58s. Anyone who keeps over 250,000 pennies is a collector and would know to search for the key dates and errors.
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ijn1944's Avatar
United States
19129 Posts
 Posted 10/08/2013  1:50 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Also on the Clawsonbooks subject, I recall finding a good number of S mints--a little odd for the Detroit area. There were 3-4 Canadian cents from the 50s.
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Bassmaster's Avatar
United States
1130 Posts
 Posted 10/08/2013  8:03 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply
It could be possible that he saved all of the s mints, and only kept the Canadians he liked.
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ijn1944's Avatar
United States
19129 Posts
 Posted 10/08/2013  9:01 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
I also remember that the coins were on the somewhat dirty side--not filthy--but they didn't appear to have been rubbed with a cloth or have been in a cared-for album for several decades. Of course, this was over two years ago. I have no idea what's turning up now though his/her post.
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