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The Results Of My Penny Search - Part 1.

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Jadey's Avatar
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900 Posts
 Posted 12/08/2018  1:46 pm Show Profile   Bookmark this topic Add Jadey to your friends list Get a Link to this Message Number of Subscribers
After finding a couple of error pennies yesterday, I got motivated to get my hands dirty (quite literally) and search a large bag of my loose wheat pennies. About 90% of them were 40's and 50's that went right back into a couple of smaller bags after checking for errors, 1955 double dies, and 1944 D/S. I didn't find many of those. I didn't bother separating the 40s and 50s.

I sorted the others into piles by decade, 1943 cents, and then any other rejects that snuck in by mistake. I also set aside a few of the coins that were still in pretty decent shape at the upper right, which are above a small stack of PMDs. Rejects are at the bottom right next to the bags of 40-50 wheats. A few of the rejects were better than others, including a couple of IHP and a nice 1928 1/12 Anna from India.

The-Results-Of-My-Penny-Search---Part-1.

The four coins in the center are the interesting wheats that I found. A 1909 VDB, a 1911 that appears to have had gold gilding at one time, a 1920 delaminated penny, and a 1936 S that is in surprisingly good shape, but likely cleaned.

I will showcase the interesting ones in separate posts later.
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aristarchus123's Avatar
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 Posted 12/08/2018  2:17 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply
Fun project. Can I ask where one gets bags of wheat pennies like yours?
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T-BOP's Avatar
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 Posted 12/08/2018  2:28 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Indeed a nice collection of Wheaties .
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Keith67's Avatar
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 Posted 12/08/2018  2:46 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
Good luck finding that 55 double die
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Jadey's Avatar
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900 Posts
 Posted 12/08/2018  9:38 pm  Show Profile   Bookmark this reply Add Jadey to your friends list Get a Link to this Reply

Quote:
Fun project. Can I ask where one gets bags of wheat pennies like yours?

@aristarchus123
I acquired these around 2010 as part of some collections I was buying off ebay. I'm not sure how you would acquire them now. I will definitely say that it will not be from a source that is interested in, or educated about coins.

I happened upon a seller that was selling large lots of coins that had silver and other types of US and foreign coins in his lots. He claimed that he was liquidating his uncle's estate, though I have reasons to question that. The listings were really poorly described, and the pictures were terrible. All the things that you would steer away from. But I took a chance and won a couple of auctions that I was very happy with. I subscribed to him and ended up purchasing the bulk of his listings. I think I was at the right place at the right time, but also took a bit of a risk initially.

I think those deals are still out there though. Recently, I attended my first two live auctions at a local establishment. Both auctions had a number of old German States coins, where the bidders were bidding silver spot for everything. I cherry picked the stuff I wanted very cheaply. If I had known more about the coins, I would have cherry picked even more. Anyway, this auction house does not specialize in coins. The next two auctions they had, bumpkus as far as coins are concerned.

I then attended a coin-specific auction where the auction house had some knowledge of coins, and so to its clientele. I was still able to get a couple of good deals (and a couple of poor choices), but it was a lot harder.

That's probably not the specific answer you were looking for, but that's my view of it.
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aristarchus123's Avatar
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 Posted 12/08/2018  10:15 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply

Quote:
That's probably not the specific answer you were looking for, but that's my view of it.


Thanks! A good find! It has worked out for you.
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