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 Replies: 34 / Views: 2,439 |
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Pillar of the Community
 United States
7174 Posts |
 to the CCF First off, go into it with the knowledge that the odds are against you finding a valuable coin. The best possibility is to search for errors and variety's. That will require a lot of learning on what to look for. $1,200.00 in unsearched pennies would be mine and a lot of other people's here dream, or nightmare depending on how you look at it.  |
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Pillar of the Community
United States
1484 Posts |
120,000 cents would be the equivalent of 48 bank boxes ($25 each). 48 boxes sounds more manageable than 120,000 coins. If all copper, each bank box weighs a little over 17 pounds, for a total coin weight of 820 pounds, give or take.
Agree with depositing the zinc. Odds are stacked against finding anything of great value. You could weigh the transitional coins (e.g. 1983) if you're determined to look for rarities. Without experience in doing so, it might be a fool's errand to look for WAM/CAM rarities.
Edited by halfamind
08/20/2024 4:46 pm
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Pillar of the Community
United States
1484 Posts |
Also, condolences for your loss, and PacificCoin gives great advice on how to break it all down, if you have the time and interest.
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Bedrock of the Community
United States
10492 Posts |
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for a total coin weight of 820 pounds, give or take. Hope it isn't stored all in one container.......  |
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Moderator
United States
15396 Posts |
to the CCF You have been given some good advice. Let us know how it goes for you. |
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Moderator
United States
95200 Posts |
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120,000 cents would be the equivalent of 48 bank boxes ($25 each). 48 boxes sounds more manageable than 120,000 coins ok like WOW! - that is a lot.. |
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Bedrock of the Community
 United States
18645 Posts |
this would be daunting task even for seasoned collectors. I think Pacificoin had the best advice as to how to start. searching each and every coin for errors and varieties could take a long, long time and thats if you have a pretty good idea of what years contain the rarer varieties. for moderns I would separate out the 92P's & D's, 98S & 99S. looking closer at them when you get time for the Close AM varieties, the 99 and 00 Wide AM varieties and the 82D small date. you can search online to see what these are. for keys and semi-keys and better dates look for 09S 09S vdb on reverse 31S 14D 24D 11S 12S 14S 26S 31D |
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Pillar of the Community
United States
7935 Posts |
Here is the algorithm (pay close attention  1. Do you still work? 1a. If yes, take them to the bank for $1200.00 because the odds you will get $2000 without investing a huge amount of time are extraordinarily low. 1b. If no go to step 2. 2. Are you bored? 2a. If no, see 1a. 2b. If yes, go to step 3. 3. Are you married and prefer to stay married? 3a. If yes, see 1a. 3b. If no (to either premise) go to step 4. 4. Do you have at least 4 months to devote to this? 4a. If no, see 1a. 4b. If yes, see the post by Pacificoin and get started. You should be able to process, say, 5 coins a minute after the first 1,000 coins. That's 1200 in a 4 hour work day, which gets you through them all in 5 to 6 months working Mon-Fri. Furthermore ... Since I was already pulling coins out of pocket change shortly after 1962, I can assure you there will be very few Indian Heads, and the ones you will find are likely to be common dates worth only a couple of bucks. And, if your dad lived on the east coast, there will be very few D and S mint Lincolns in this trove. Edited by tdziemia
08/24/2024 7:51 pm
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Bedrock of the Community
United States
94367 Posts |
My, how cynical. I'd at least start dumping them out to see the approximate wheat proportion. What's the harm?
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Moderator
United States
187862 Posts |
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My, how cynical. I'd at least start dumping them out to see the approximate wheat proportion. What's the harm? Who are you and what have you done to the Frog (fka King of the Cynics)? |
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Bedrock of the Community
United States
94367 Posts |
Dump out those puppies and do a Scrooge McDuck.
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Bedrock of the Community
United States
19129 Posts |
Just me... I'd dig through them and spend a little time separating wheats from everything else. If other pieces show up, set them aside as well. For memorial cents, I'd look closely at the usual suspects--1995, 1969 S, 1972, etc. Do the same for noteworthy wheats (too many to list here). Also, wheats could yield some striking examples of die cracks and laminations--just the dramatic stuff, not minor examples. Again, only speaking for me, I could accomplish a decent 'high level' inspection of 120K cents in about six hours spread over a few days. No way would I spend 12 seconds on each and every piece.
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Bedrock of the Community
United States
19129 Posts |
Kim Phalen --
Or, if I lived near Maricopa AZ, you could dump all your cents at a local bank and let me know which one. I'd pop over a few minutes later and buy them at face.
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Pillar of the Community
United States
7935 Posts |
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Dump out those puppies and do a Scrooge McDuck. Yes, it's only a half ton after all I guess that's what bathtubs are for. |
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Moderator
United States
187862 Posts |
Quote:
I guess that's what bathtubs are for.  |
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Replies: 34 / Views: 2,439 |
First Page
Posted 08/20/2024 4:41 pm
