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 Replies: 22 / Views: 2,794 |
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Pillar of the Community
United States
4809 Posts |
So, when you find a variety that has been abused like this, what do you do with it? I should have probably made this a poll, but just wondering.  Edited by Rackster
05/15/2014 08:29 am
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Valued Member
United States
352 Posts |
use it as coin roll filler...put it back into circulation
is the only thing you can do..
against the law to melt it down/destroy it
its a beat up old penny. you never know, somebody might be collecting beat up old pennies
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Pillar of the Community
United States
1234 Posts |
Quote:
find a variety Really... is it a variety?  How rare of a variety? What kind of a variety? .... NO... Wait, don't just tell us make everyone GUESS  |
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Bedrock of the Community
United States
62064 Posts |
When I see a coin like this, it goes back into circulation before I look at it.
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Pillar of the Community
 United States
4809 Posts |
To ASLAN's points, the value of a given variety has bearing on the decision. A member here found a 1972 with roadrash that would probably still garner some enthusiasm from collectors. Probably something to save for most. The example here is 1985-1DO-001 MDS, not worth a lot (CC suggested value is $10 without the road-rash, but only $3 in F condition).
My aim here is less about this coin in particular but targeted on what folks are doing in similar situations.
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Pillar of the Community
United States
1234 Posts |
Quote:
it goes back into circulation before I look at it.  Edit: Heck with my eyes I've most likely had dozens of rare varieties in my hands and never knew  Edited by ASLAN TVorlon
05/15/2014 11:17 am
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Valued Member
United States
226 Posts |
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Valued Member
United States
58 Posts |
I never would have looked at it to know it was a variety.
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Pillar of the Community
United States
2651 Posts |
I would clip part of if off, put glue on it, counterstamp it and then count how many days goes by until someone else posts questions about it on this site  Edited by Jayman931
05/15/2014 11:26 am
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Pillar of the Community
United States
4809 Posts |
To the points made, I used to move right past a PMD coin, and still do for the most part, until the member here bent over to pick up the 1972 DDO off the road. So I've been confirming date before tossing it back into circulation. I noticed right away that this particular coin had a DDO and set it aside. Ends up it's a different variety than one I found earlier but in this unfortunate state. So, I pondered what to do with it and got me to wonder what other members have done. So do any of you verify date before release? ASLAN? |
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Pillar of the Community
United States
1234 Posts |
I'm nearing 100 pounds of pennies and becoming more and more selective, if it's green or nasty I may not look too close at the date. I hope if I ever did find a doubled coin that I could see it with out making my eyes bleed from days of looking at one coin. Anyone that does penny roll hunt should be able to tell from a first glance which are new and which are old. I toss all the LSC with out really worrying about checking dates. Keep all LWC, and if a pre '82 catches my eye I'll confirm the date and keep it, then I toss the rest into an old nickel box and move onto the next roll. After I'm done with all the rolls I go back and take a close look at the mid range ones in the nickel box.    Like I said, they gotta be good  |
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Pillar of the Community
United States
4809 Posts |
LOL - understand the 100 lbs of copper. Very similar in our approaches although I've increased the workload by looking for the minor varieties. There's no right or wrong answer here; to each their own paradigm.
Thanks for the feedback and happy hunting!!
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Pillar of the Community
United States
1944 Posts |
i found one that was a pretty "sad find" the coin is in pretty rough shape. (not nearly as rough as yours. in this case it is a variety - 1945D 1MM-001. i kept it - only because it is completely identifiable, and I have never found any other ones of this same variely. i keep coins with minor valuse and unlisted varieties in a 2 x 2 post-it note, folded in half and taped - which gives me plenty of room for notes, and costs nearly nothing - and is easy to find - when I want to. most avid collectors would probably discard it (them)    . i guess the answer will vary quite a bit - as to what to do with coins like this. |
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Pillar of the Community
United States
4809 Posts |
db - I'm doing the same. Colored post-its for different varieties. Quick and cheap!! Of course it's a bonus when something is valuable, but like many collectors, having a specimen and being able to identify it is more than half of the interest (at least for me).
Thanks for sharing!
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Moderator
 United States
56855 Posts |
Keep it until you find an upgrade.In that condition I don't think it's worth more then face value,IMHO. John1  |
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Pillar of the Community
United States
4809 Posts |
That's the plan John - I would think coins like this (minor variety) would have a very limited pool of interest. Only good to the collector who finds it (and marginally so). The 1972 DDO is a different case though for obvious reasons. Thanks for chiming in. |
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Replies: 22 / Views: 2,794 |
Posted 05/15/2014 09:46 am
