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New Member

United States
2 Posts
 Posted 11/28/2005  10:57 pm Show Profile   Bookmark this topic Add david1113 to your friends list Get a Link to this Message Number of Subscribers
When I was a little kid I would always look through my parents loose change bucket for old coins with some moderate success. I found a couple decent coins including a XF 1909vdb lincoln head penny. I still try to find unsearched lots of coins to dig through hoping to find a Wheat penny or two. Its getting harder and harder for me to find places to look and I was wondering if anyone else on these forums used the same method I do and has any ideas about where I find a lot of pennies to dig through. I dont trust any of those "buy a lot of unsearched wheat pennies" deals that you can find on ebay because what coin collector would sell a lot of valuable wheat pennies for nothing. If you have some ideas for me post just about anything you can think of. Thank you.
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Becky's Avatar
United States
954 Posts
 Posted 11/28/2005  11:29 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
Welcome!!

I just finished selling 16,000 wheats and I know I sure didn't search them firstWere they searched by someone else? I don't have a clue. I know a guy on another forum who just found a 1914d in an unsearched lot. It can happen.
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crystalk64's Avatar
3147 Posts
 Posted 11/29/2005  12:20 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
I just sold 64 rolls of wheaties this past Saturday that I had purchased from a lady who had lost her husband early this summer. He was an avid stamp collector and casual coin collector and she knew he hadn't been in those pennies since the mid-60's but being a coin collector I KNEW without a doubt he had searched them so off I went to my dealer, after searching only 2 rolls, to pass them on. I got my money back and my dealer sold all 64 rolls within 15 minutes of my selling. The guy that bought them said he would search every cent after I told him of their history. He has far more energy than I do!
Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 11/29/2005  10:44 am  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
David, welcome to the forum!

You're quite right to mistrust those "unsearched" lots on ebay. Given the hype of most, I find it highly unlikely that they have not been searched.

To answer your question of where to find truly unsearched lots of coins, I don't have any good answer except to suggest you hang around your favorite coin shop, make friends with the owner, and hope if he comes into any large numbers of unsearched coins which he doesn't want to sort, he'll call on you. I suspect this would be more applicable to cents rather than anything else.

One of our members, Kyra (Rachael) works in a bank and is in a position to cherry-pick large numbers of coins, but most of us are not normally exposed to these numbers. For accumulations of unsearched older coins (say, a friend's father just died with several cigar boxes of unsorted coins), I think it might be a matter of being in the right place at the right time.

That said, I have appraised a number of friends' cigar box accumulations with the intent to provide the owners with the collections' values rather than looking for hole-fillers in my own collection, but the opportunity was there. Most of these contacts were through local organizations to which I belonged, e.g., ham radio club, Boy Scouts. Once it is known that you are a serious coin collectors, those with lots of unsorted coins will come to you.

New Member
United States
2 Posts
 Posted 11/29/2005  7:38 pm  Show Profile   Bookmark this reply Add david1113 to your friends list Get a Link to this Reply
Thanks alot for your input. I'm going to look into the coin shop idea because I just learned today that theres one very close to my house. I'm sure there are some legit coin lots for sale like you said but I'm not about to take a risk on an ebay source. I dont really know anyone that works in a bank either but do you know if there would be a charge for me to walk in and get so many dollars worth of pennies. Thanks again for your help.
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Kyra's Avatar
United States
867 Posts
 Posted 11/29/2005  7:53 pm  Show Profile   Bookmark this reply Add Kyra to your friends list Get a Link to this Reply
Howdy! If you ask nicely enough, your bank might be able to order a box of cents for you. They usually come in boxes of $25. The bank might not charge to order a box, but if you bring them back to the bank to be counted after you're done searching there may be a small counting fee. We've ordered boxes for kids doing school projects, we just tell them to let us know if they found anything interesting!

Rachel [:p]
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crystalk64's Avatar
3147 Posts
 Posted 11/29/2005  10:48 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
MorganFred! You need to edit your post concerning your comments about Kyra! You stated she WORKED in a bank so you probably should retract that and use something like "lounges" at a bank or is a VAULT RAT looking for coins to rat hole away? If we could get her to leave them alone all those rare finds would probably re-enter circulation!!! I think she has had her paws on every coin in the state of Indiana and thats why we never find a darn thing down here! The QUEEN has them all!
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Kyra's Avatar
United States
867 Posts
 Posted 11/30/2005  7:42 pm  Show Profile   Bookmark this reply Add Kyra to your friends list Get a Link to this Reply
Careful Terry, I know where you live! If your house gets TP'd I know nothing about it! I do work when the boss is around, fortunately for me he's in a lot of meetings... We don't roll our coin anymore, so I'm sure *something* slips by me once in a while.

Rachel [:p]
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