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 Replies: 84 / Views: 6,329 |
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Moderator
 United States
187446 Posts |
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Bedrock of the Community
United States
19930 Posts |
Quote:
Maybe it's just my biased optimism but.... there are probably a few coins in that lot which will make the hunt worthwhile. One never knows what will be found. I have found some varieties of substantial value searching which includes a $550 one I profited nicely from. Not a bad haul for doing something I enjoy!  Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
Edited by BadThad
01/03/2025 2:42 pm
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Pillar of the Community
United States
3169 Posts |
I'm sure you'll find something in all that.
Good luck Brand!
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Moderator
United States
187446 Posts |
Quote:I have found some varieties of substantial value searching which includes a $550 one I profited nicely from. Not a bad haul for doing something I enjoy!  |
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Pillar of the Community
United States
2829 Posts |
@BadThad.... The few coins you posted on this thread are extremely cool.  . They're definitely out there, waiting to be found. |
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Pillar of the Community
United States
7273 Posts |
Quote:
One never knows what will be found. I have found some varieties of substantial value searching which includes a $550 one I profited nicely from. Not a bad haul for doing something I enjoy! Like you state, if you enjoy doing this. Personally not my interest. |
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Moderator
United States
15381 Posts |
I'm following your progress with interest - hoping you come across a coin (or three) that make the time investment worthwhile.
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Bedrock of the Community
United States
94367 Posts |
When I was a kid, the cent bags we searched were all wheats. The results back then were no better than today, using the standards of 65 years ago. A 1909 Lincoln Cent found in circulation was worth next-to-nothing unless almost new, and then very little, |
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Pillar of the Community
United States
2270 Posts |
Quote:When I was a kid, the cent bags we searched were all wheats. The results back then were no better than today, using the standards of 65 years ago. A 1909 Lincoln Cent found in circulation was worth next-to-nothing unless almost new, and then very little, When I started collecting in 1957 a 1909-S VDB was only 38 years old. Of course there was no chance at all of finding one because millions and millions of people had already searched every coin many many times. Today the oldest cents are 65 years old! These coins have not been searched so the odds of getting a key date or a Gem, variety, etc is proportional to their mintage. Time don't fly, it bounds and leaps.
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Bedrock of the Community
United States
94367 Posts |
Even when I was 15, I realized that searching bags (of any denomination) was futile. It is hundreds of times more futile today given the passage of time and the incomprehensible mintages of today's coins. You would think that common sense would prevail and that young collectors would better spend their time reading the books of Dave Bowers, going to local coin shops, attending shows and getting ready to be a serious collector. But no. A staggering amount of time is now spent on researching and photographing insignificant DDOs, MD and Die Deterioration variations that will never be of significance to the hobby down the road. Grow your knowledge, don't wallow in it. Just my opinion.  |
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Pillar of the Community
Canada
5391 Posts |
1000 per cent with Frog on this .
If you place any significant VALUE
on your most precious resource (time)
searching modern accumulations
such as this penny lot is not a great
use of that resource .
My take , run the stuff through a bank coin
counter , take the cash and forget about it .
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Pillar of the Community
United States
2270 Posts |
Quote:Even when I was 15, I realized that searching bags (of any denomination) was futile. It is hundreds of times more futile today given the passage of time and the incomprehensible mintages of today's coins. You would think that common sense would prevail and that young collectors would better spend their time reading the books of Dave Bowers, going to local coin shops, attending shows and getting ready to be a serious collector. But no. A staggering amount of time is now spent on researching and photographing insignificant DDOs, MD and Die Deterioration variations that will never be of significance to the hobby down the road. Grow your knowledge, don't wallow in it. Just my opinion. Normally I'd say something conciliatory at this point but in this case you are just wrong. Before 1965 there was nothing in circulation to collect because all the good coins had been removed by 1945. Everyone was working and had good jobs and they saved back scarce coins. The numismatist did a statistical analysis in 1941 and found 98% of the '09-S VDB cents were already gone even then. It was a terrible time to be a coin collector if you sought scarcity. Nobody knew to save Gems and varieties so nobody did. They saved so many BU rolls that Gems abound anyway. Everyone quit checking their change in 1965 and rarities have been accumulating ever since. Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
7273 Posts |
No good coins came after 1965 in circulation so nothing really worth collecting after that. But if you want to spend your time looking for double die please do. I have no interest.
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Valued Member
United States
345 Posts |
Hint: I have found a jewelers optical "magnifying headband" (not sure if that's its official name) as a way to free up your hands and adds to ones ability to search quickly and efficiently.
Best of luck ... lots of fun !
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Pillar of the Community
United States
2270 Posts |
I use a very large very low magnification glass to prescreen just about everything. I might miss something once in a while but it allows me to look at vast numbers of coins very quickly. I've looked at several million coins over the years and found many varieties and Gems. There are lots and lots of shortcuts that can be taken to speed up the process but most of these shortcuts apply to BU rolls and bags.
Time don't fly, it bounds and leaps.
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Posted 01/03/2025 2:41 pm
