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Gonna Start A Red Copper Memorial Set. (From Circulation)

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Pillar of the Community

United States
810 Posts
 Posted 06/16/2008  5:57 pm Show Profile   Bookmark this topic Add Double Mint to your friends list Get a Link to this Message Number of Subscribers
Im try to get a red memorial copper set from circulation. I want to hurry up and get as many reds I can before they disapear. It seems its getting harder and harder to find copper cents anymore. I did manage to get a nice red 1970s large date in change today. I would of really been happy if it was a sm date. I have been doing this for a while before but only to a certain date.
So to date I have:
1959P&D
1960 lg date
1961P&D
1962D
1963
1964D
1968P&D
1970s
1974S
Edited by Double Mint
06/16/2008 6:01 pm
Bedrock of the Community
BadThad's Avatar
United States
19930 Posts
 Posted 06/16/2008  8:56 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
GOOD LUCK! Anything you find red in circ will likely be only MS63 and below. It's a lot harder than you think, I tried it at first too and gave up. The good thing....at coin shows you can find some nice ones super cheap....but it takes a LOT of searching.
Lincoln Cent Lover!
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Pillar of the Community
United States
810 Posts
 Posted 06/17/2008  12:48 am  Show Profile   Bookmark this reply Add Double Mint to your friends list Get a Link to this Reply
Had 2 buckets full of pennies set aside that I already took wheaties and errors out of. I looked through em for the red coppers and found a few good ones. Heres a pic of the ones I have now.


Image: Gonna-Start-A-Red-Copper-Memorial-Set.-From-Circulation pic1.jpg
57.04 KB

Image: Gonna-Start-A-Red-Copper-Memorial-Set.-From-Circulation pic2.jpg
63.46 KB

Image: Gonna-Start-A-Red-Copper-Memorial-Set.-From-Circulation pic3.jpg
54.68 KB

Also found a bonus toned coin that I missed.


Image: Gonna-Start-A-Red-Copper-Memorial-Set.-From-Circulation toned.jpg
56.4 KB

To date this is what I found now.
1959P&D
1960P lg date
1961P&D
1962D
1963P
1964D
1968P&D
1969D
1970s
1971D
1973P
1974P&S
1975P&D
1976D
1977P&D
1978P
1979P
1980P
1981P

Valued Member
United States
164 Posts
 Posted 06/17/2008  05:05 am  Show Profile   Bookmark this reply Add rohumpy to your friends list Get a Link to this Reply
Does finding red circulated coins from 1959 mean that someone is spending them currently from rolls or collections? It is hard to believe that a red cent from 1959 has survived in circulation for 5 decades.
Pillar of the Community
eaglefoot's Avatar
United States
6326 Posts
 Posted 06/17/2008  09:08 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
rohumpy....

Quote:
Does finding red circulated coins from 1959 mean that someone is spending them currently from rolls or collections?

Well, if people are finding "proof" and "silver proof" quarters only a few years old, and silver .50cent pieces all the time, and occasional this and sometimes that. Yeah....not only possible, but likely !
Kids and teenagers getting ahold of rolls of pennies and other coins is sadly VERY common !!.............
Pillar of the Community
daviscfad's Avatar
United States
4541 Posts
 Posted 06/17/2008  09:16 am  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
I once found a ms Indian Head cent in a roll of circulating pennies. and that was at least 10 decades old
Valued Member
florida's Avatar
United States
417 Posts
 Posted 06/17/2008  10:41 am  Show Profile   Bookmark this reply Add florida to your friends list Get a Link to this Reply
Speaking of finding this and that, someone paid me with a Mercury dime the other day. Needless to say it went right into my pocket.
Valued Member
PennehChaos's Avatar
United States
311 Posts
 Posted 06/17/2008  3:02 pm  Show Profile   Bookmark this reply Add PennehChaos to your friends list Get a Link to this Reply
i actually don't think it will be that hard, if you do a lot of roll-hunting... I only started in April, and I've got almost all of the '59-'98 album in nice original luster coins. I've actually been having the hardest time with the '83-'95 coins, since they don't seem to age well.
Pillar of the Community
cladking's Avatar
United States
2270 Posts
 Posted 06/17/2008  4:19 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

Quote:
Does finding red circulated coins from 1959 mean that someone is spending them currently from rolls or collections? It is hard to believe that a red cent from 1959 has survived in circulation for 5 decades.


Back in the early '60's one cent pieces still acted mostly like coins; they circulated. There was tremendous collector interest in setting aside quantities of brand new coins for "future collectors" and even then a penny just wasn't a lot of money. This meant that they tended to sit for protracted periods in change jars and the like.

As the decades have gone by this has changed. Pennies have represented negative wealth at least since the mid-1980's. They cost more to handle than they are worth. This means vast quantities are discarded or lost "accidently on purpose". These coins rarely make it very far from where they are released because they aren't used much and don't really circulate.

All this means that old coins being added to circulation will remain red for years in some cases. At the same time there are frequent additions from twenty and thirty years old stashes that will also contain old cents in high grade.

These uncirculated cents from before 1965 are still being spent though after all these years it should be slowing down now. With the price of copper so high many people would rather sit on 35 lbs of copper rather than get $50 from the bank, too.

A set from circulation is a noble endeavor and should be possible to pursue until the denomination is removed from circulation.
Time don't fly, it bounds and leaps.
Valued Member
United States
429 Posts
 Posted 06/17/2008  5:48 pm  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
1913-V you are a man after my own heart, I started doing the same exact thing about two months ago and now have ALL my LHM except my small dates and proofs. It can be done but there is a lot of searching. Most of mine are 50-MS63 (with a few nicer ones here and there) and when I find a nicer one I replace it. I did break down and buy the 82 set because I have the toughest time figuring out what is what and I got them for a good deal. There are some that will need to be replaced down the road but spending a penny now or a couple of bucks is a no brain-er.
Pillar of the Community
United States
810 Posts
 Posted 06/17/2008  7:37 pm  Show Profile   Bookmark this reply Add Double Mint to your friends list Get a Link to this Reply
Im not collecting the 82s there are too confusing. I dont think Ill ever find a red 60 sm date or 70s sm date.
Pillar of the Community
cladking's Avatar
United States
2270 Posts
 Posted 06/17/2008  8:19 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
'60 sm dt shouldn't be too tough but you won't find the '70.

I'll predict the toughest ones will be '77 to '94.
Time don't fly, it bounds and leaps.
Pillar of the Community
United States
810 Posts
 Posted 06/17/2008  9:41 pm  Show Profile   Bookmark this reply Add Double Mint to your friends list Get a Link to this Reply
Im not collecting pennies from 82 on. I havent found a 1960 sm date yet even brown or whatever other colors. Ive found alot of 1960D sm dates.
Valued Member
chevrolet454ss's Avatar
United States
314 Posts
 Posted 06/17/2008  10:22 pm  Show Profile   Bookmark this reply Add chevrolet454ss to your friends list Get a Link to this Reply
Have Fun doing it. Last year I started to build 13 sets from 1941 thru 2008 going thru bank boxs of coins. An lot wheat pennys I already had from saving them over the years. I started doing it since I bought serval incomplete 1909 thru 1940 books and wanted to update them to brand new folders and with 59 thru 2008 coins to make them worth more money to sell on ebay later since I finished my keeper set.

Tough coins to find are pre 1940 coins, 68 thru 74 s mints, 1982 small date pennys. The rest is easy to find red nice pennys to install in folders.

If you try it like I been doing. You need go thru maybe 50 to 150 dollars per week to get anywhere. I went thru over 1000 dollars worth so far in last year in my spare time. Dont try build one set and try to build serval sets at same time to make it your worthwhile. More trouble than it worth for one set. Try to buy an cheap 1909 thru 1958 Wheat penny folder on ebay and just update it.

My collection of pennys had been geting giant over the last year.
13 sets of them in folders, 275 dollars face on 1959 thru 1981 junk copper rolls. 100 to 150 face on blazing red pennys from 1983 thru 2008 I been making solid date rolls out them for ebay or I may build 50 folders later. 35 dollars on 1982 pennys. One small box wheats so far. Good dates found were 1919d, 1919, 1909, 1917, 1927, 1927s, 1923s, 1924s, 1925s, 1930s, 1930d, 1890, 1907, 1920d, 1920s, 1925, 1991 messed up proof penny. One bank box full 1959 thru 1981 pennys that look nice where you can install in sets.

One last thing dont toss your 1959 thru 1982 junk brown pennys . Save them since they will pay over face for them on ebay for copper scrap. I leave 1982 out of my copper boxs since it was an zinc and copper year. I put them in solid date rolls. Also find an dump bank with coin machices to turn them back into paper dollars. Its not worth rolling them up since retail stores hate them .

My penny collection is geting so big and I geting tired of working on them so much. I am about to burn out on pennys and I need to take break from them big time.

Have fun building you sets and hope you find an 1914d, 1931s or something cool.

Chevrolet454ss
Pillar of the Community
neversuited1's Avatar
United States
1121 Posts
 Posted 06/18/2008  02:19 am  Show Profile   Bookmark this reply Add neversuited1 to your friends list Get a Link to this Reply
"I dont think Ill ever find a red 60 sm date or 70s sm date. "

1913-V,

I have come across 2 beautiful 60 sm's from circ in the last few months. no 70's though.
Pillar of the Community
United States
810 Posts
 Posted 06/20/2008  6:16 pm  Show Profile   Bookmark this reply Add Double Mint to your friends list Get a Link to this Reply
i broke down and started a 1982 collection. Now I gotta figure out what copper and whats not. I found four different really nice red cents plus a few extras. I found a 1982P&D sm date and 1982P&D lg date. I started getting disgusted with some of the coins though. You see a shiny coin showing excellent condition and all then you look at the reverse covered in vedigres. It makes me sick and just breaks my heart.
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