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1943-S Copper Penny Found

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Author Previous TopicReplies: 9 / Views: 1,395Next Topic  
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 07/30/2009  3:45 pm Show Profile   Bookmark this topic Add Tim Stroud to your friends list Get a Link to this Message Number of Subscribers
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Napoleon31ft's Avatar
United States
528 Posts
 Posted 07/30/2009  4:09 pm  Show Profile   Bookmark this reply Add Napoleon31ft to your friends list Get a Link to this Reply
What a cool story.
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echizento's Avatar
United States
23731 Posts
 Posted 07/30/2009  4:47 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Great story.
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rustyboy's Avatar
United States
278 Posts
 Posted 07/30/2009  5:28 pm  Show Profile   Bookmark this reply Add rustyboy to your friends list Get a Link to this Reply
A good read. I find it amazing that this guy just sat in his later years knowing he held one of the great pieces of modern numismatics. I would have blabbed to any one who believed me, and even some who wouldn't!
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 07/30/2009  5:37 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply
very nice story
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biokemist6's Avatar
United States
12437 Posts
 Posted 07/30/2009  5:41 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Steve Contursi(Rare Coin Wholesalers) purchased the coin and correspondence letters for $72,500 last year in a private treaty sale.
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DVCollector's Avatar
United States
10045 Posts
 Posted 07/30/2009  6:03 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Wing took the coin to his local coin dealer, who made him a very generous offer for the time, $500, but Wing said he didn't want to sell the coin. Instead, he endeavored to learn more about it, writing to numerous experts and authorities in the succeeding decades.

Smart, smart, smart!!
Valued Member
United States
429 Posts
 Posted 07/31/2009  11:58 pm  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
I am shocked that as a teenager he did not sell it for the $500, which would be equivalent to $6000 today.
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vermontensium's Avatar
United States
16677 Posts
 Posted 08/01/2009  12:03 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply

Quote:
Steve Contursi(Rare Coin Wholesalers) purchased the coin and correspondence letters for $72,500 last year in a private treaty sale.

I believe he sold it a short time later for $78,000. A quick $6000 profit.
swcoin.ecrater.com
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Coin_Guy's Avatar
United States
143 Posts
 Posted 08/01/2009  12:11 am  Show Profile   Bookmark this reply Add Coin_Guy to your friends list Get a Link to this Reply
Wow. If I had that kind of money I would have been willing to pay much more that $76,000, it is such a rarity. Great Story.
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