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 Replies: 11 / Views: 1,336 |
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Pillar of the Community
United States
3644 Posts |
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Pillar of the Community
United States
4809 Posts |
Indeed - folks were speculating here on the LWC count, the varieties, errors. Wouldn't it be a hoot!! |
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Pillar of the Community
 United States
1034 Posts |
  well maybe they will be sent over here to oregon to be recirculated. |
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Pillar of the Community
 United States
3644 Posts |
Lol what about 150 pennies/lb? Times 500 is about 75000 Lincoln's? About 1 LWC every 100 Lincoln's mabi? 750 LWC's!  |
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Pillar of the Community
United States
3644 Posts |
Probably half that actually mabi 3 to 400
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Pillar of the Community
United States
4846 Posts |
I'd expect the majority of LWC's to be much higher than that, if he started this in 1950 then there would be a solid 19 years of just Wheat cents, 19 years is almost a third of the time he's been doing this, but if he started slow than I'd expect it to be more around 1 in 4 to 1 in 5. Not to mention the fact that he started this before credit cards were around so he probably did a lot more cash transactions back then giving him more change Edited by Adam_E
01/18/2015 11:12 pm
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Pillar of the Community
United States
3644 Posts |
Lol Adam yup I thought of that after I wrote it...way too many variables here,calculations/estimations out of reach! |
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Pillar of the Community
United States
1034 Posts |
Well the bright side to this, is the more varieties destroyed, the less that are found. Keeping the ones found worth more. Crappy but, that is the way it works
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Pillar of the Community
798 Posts |
If there were rare ones in that batch then the guy is kind of an idiot, I cant stand things like that. I need to hope that if there were rare ones in it that they landed into the hands of a "smarter" person and are ok. When non coin collectors deposit coins into the bank they care about old ones and the chance of finding a rare one as much as a smoker cares about throwing cigarette butts in a lake.  |
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Pillar of the Community
United States
3644 Posts |
Why would they care about them? They are 'non collectors'...and mabi he's a wealthy man that just happened to stash all his pennies his whole life and decided to create a stir and cash em all in at once-can't see why he'd go through 75,000 coins for a few errors worth for the most part a few bucks-just sayn,don't think it makes him an idiot-mabi he shoulda melted down the copper tho,lol
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Pillar of the Community
United States
589 Posts |
This is the fourth thread I've read on this topic today. Wow.
On topic, it was a shame to deposit them. However, all penny hunters should rejoice! Odds are, those coins will be sent away from the bank quickly, and be ripe for the picking in boxes soon.
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Moderator
 United States
188342 Posts |
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Replies: 11 / Views: 1,336 |
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Posted 01/18/2015 10:57 pm
