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I Sold Some 1959 LMCs At Our Garage Sale.

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Pillar of the Community

United States
573 Posts
 Posted 05/29/2010  6:36 pm Show Profile   Bookmark this topic Add StJoeBlues to your friends list Get a Link to this Message Number of Subscribers
There have been a few threads recently about the crazy stuff people buy. This is another one.

I've been separating out 1959 P&D LMCs for a while. I figured since they are the first year of the Memorial, there might be an interest in them. Well my wife had a garage sale today and I put out a couple rolls of mixed wheaties (no, they were not labeled "UNSEARCHED" "FROM HIDDEN STASH" or any of the other catch phrases) for $5.00 each and one roll of mixed 1959 P&Ds for $2.50. I sold one roll of 1959 LMCs for $2.50!

I gave full disclosure, explaining to the guy that they weren't special other than they are the first year of the Memorial reverse. He said "I have over a million baseball cards and want to start collecting coins."

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vermontensium's Avatar
United States
16677 Posts
 Posted 05/29/2010  6:50 pm  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
I had some mercs on my table at our yard sale once and turned my back for 1 minute, they were gone. Fortunately, they were commons. Won't do that again.
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slash112's Avatar
United States
368 Posts
 Posted 05/30/2010  12:48 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
im putting together a roll of each date of the LMC its easy and fun, no uncommon dates, I'm going in 10 year intervals when I finish I think I am gonna start hording copper
I have the 59 and the 60's about complete with every MM and date and am moving onto the 70's should go much faster now
but yeah I hold onto the 59's for some reason and all the S mints from the late 60's and early 70's and put them in separate labeled rolls
I started this hobby not to long ago and can't stop thinking of more dumb things to do with coins to make the easier dates harder to find and make it more worth my time to look through bank rolls for the things I REALLY want
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925dealer's Avatar
United States
258 Posts
 Posted 05/30/2010  09:01 am  Show Profile   Bookmark this reply Add 925dealer to your friends list Get a Link to this Reply
What I have found to be rather fascinating is the rarity of the 1959, 1960, 1961, 1962 and 1963 dates amongst pennies currently in circulation.

I have always seperated out the 1959 and it takes quite a few bank boxes (of 2500 coins each) to come up with a roll of those. On average I may find 3 to 5 per box. It takes even more searched boxes to create a roll of all of the circulating S mintmarks from 1968 - 1974. Neither of these is a surprise to me.

What did come as a surprise was I had someone ask me to build rolls of the above mentioned years and thought it would be easy enough to do. After going through 5000+ pennies (over 2 bank boxes) I could not make a single roll of all of the above dates combined (not including S mintmarks)! I was not expecting to get a bucketfull but I was expecting to have better than a couple of rolls. Therefore $2.50 was "cheap" simply based on how many pennies you would have to go through to build a single roll of them. The really sad thing is you can buy 1959 pennies in BU condition on ebay all day long for just a little more including shipping. Sincerely, John Leckrone
Edited by 925dealer
05/30/2010 09:04 am
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eaglefoot's Avatar
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 Posted 06/01/2010  08:40 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I thought about doing the same thing......and/or some common Wheats, at our recent garage sale.....but I didn't have enough "bad conditioned" Wheats that I wanted to part with !....and I didn't want to advertise to the neighborhood that I was a "coin collector".
Edited by eaglefoot
06/01/2010 08:43 am
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BadThad's Avatar
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19930 Posts
 Posted 06/01/2010  09:40 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
What I have found to be rather fascinating is the rarity of the 1959, 1960, 1961, 1962 and 1963 dates amongst pennies currently in circulation.


I 100% agree.....these are RARE in boxes. In fact, I find more wheats that I do of those years!
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slash112's Avatar
United States
368 Posts
 Posted 06/04/2010  01:26 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
I disagree about the finding of more of the early 60's then wheaties
take 5 years of wheat cents and 5 years of early 60's
you are gonna find more of the early 60's then you will of the 5 years of wheats
i mean before you were comparing 3 mintmarks (for the most part) of coins minted from 1909-1958 to 10 different varieties
I can look through my 10 dollars of wheats I have found and not make a roll of the a single date with one mintmark, yet I have just about completed one roll of each year and mintmark from the 60's and the 59 LMC
compare apples to apples and it makes more sense
the S mints from the late 60's early 70's on the other hand I find are about as scarce as the wheaties where I'm searching
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