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Bucket O George

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bellvegas's Avatar
Canada
18 Posts
 Posted 02/25/2011  03:08 am Show Profile   Bookmark this topic Add bellvegas to your friends list Get a Link to this Message Number of Subscribers
I was wondering if anyone could give me ideas as to what to do with my Bucket O George as I call it. It was given to me by my great uncle and contains every year of King George VI about 20x. There are well over 1000 George pennies in it, my uncle started collecting all the ones he could get his hands on in the 60`s for some reason. Now it has been passed on to me and I was wondering if anyone had an idea of what I should do with it. Should I sell complete sets online, or all together as a bucket, or send some to be graded, or even hold on to them. Any info would be appreciated. Thank you

Bucket-O-George

Bucket-O-George

Bucket-O-George
Edited by bellvegas
02/25/2011 03:10 am
Valued Member
Canada
153 Posts
 Posted 02/25/2011  05:57 am  Show Profile   Bookmark this reply Add R2bR2c to your friends list Get a Link to this Reply
I would pull the '22-'26 cents out and sell the rest as 2-3 lots .. or get some pennu rolls, roll them, and then sell them 4-5 rolls at a time by decade. Unless the '24 & '26 are near XF, they aren't worth more than $5 .. less to a dealer. The 22, 23 & 25 are worth getting cet'd, only if you are going to sell them .. and then only if they are XF or better. The cost to certify far outweighs the small premium that you would get if you sent them in. A coin needs to actually SELL (not LIST in a book or coin ad) for more than $100 to make it financially worthwhile, unless you are sending in 100 or more coins. 99% of all the Geos minted will never be worth more than it costs to certify them, even if they are UNCs.
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John1's Avatar
United States
56855 Posts
 Posted 02/25/2011  06:13 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Are there any known errors or varieties in that group that would be worth a premium?
John1
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Biggrassboy's Avatar
Canada
55 Posts
 Posted 02/25/2011  08:10 am  Show Profile   Bookmark this reply Add Biggrassboy to your friends list Get a Link to this Reply
Sell them in runs of different dates, great for new collectors. Look for varieties first though, and watch the weight, shipping can cost more than the lot is worth!
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DVCollector's Avatar
United States
10045 Posts
 Posted 02/25/2011  11:47 am  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Are there any known errors or varieties in that group that would be worth a premium?

The 1949 "A to denticles" is worth searching for.
Older, unsearched lots stand a good chance of containing a few.

Bucket-O-George
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1cent's Avatar
Canada
1051 Posts
 Posted 02/25/2011  11:02 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
In circulated grades, the 1949 posted above is the only coin that's going to draw any real interest from buyers. You might want to keep a few of the nicer ones for nostalgia, too.
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soccerdad's Avatar
Canada
311 Posts
 Posted 02/26/2011  06:45 am  Show Profile   Bookmark this reply Add soccerdad to your friends list Get a Link to this Reply
All 1948 cents should be separated. There are three varieties. The most recently discovered variety is the 1948 A points to small denticles. It is valued at about $25 for XF-40.
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cdn44fan's Avatar
Canada
221 Posts
 Posted 02/26/2011  12:10 pm  Show Profile   Bookmark this reply Add cdn44fan to your friends list Get a Link to this Reply
You never know what you will find in a bucket like that

I went through a friend's coffee can 2/3 full and found a

1955 n.s.f cent which is pretty rare

Of course if they are all King George , There will be no Queen Elizabeth
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Canada
9865 Posts
 Posted 02/26/2011  12:19 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Search for varieties,put them in 2x2's,place them back in the can,pass them on to your great niece or nephew.
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DVCollector's Avatar
United States
10045 Posts
 Posted 02/26/2011  12:45 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
"You never know what you will find in a bucket like that"

Right--in a pile of George VI cents like that, I found six 49 ATs, including the one in that pic.
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Scooby Due's Avatar
United States
4000 Posts
 Posted 02/26/2011  1:00 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Do you collect coins or have any plans to? Because, I think that Indian Head would have pushed me over the edge!

If you do collect, or want to find out if you want to, pull the valuable ones as mentioned and then go through and pull out the nicest ones of each year and put together as much of a run as possible. Maybe even the best 3 or 4 of each year.

If you don't collect, you should be after that.
And you'll have a nice set put aside.

Then you can sell the balance in small lots as mentioned and have 3 or 4 "starter sets" to sell. I like buying "kits" like that.
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bellvegas's Avatar
Canada
18 Posts
 Posted 02/26/2011  4:23 pm  Show Profile   Bookmark this reply Add bellvegas to your friends list Get a Link to this Reply
ok guys iam going to seperate all of the 48s and 49s iam not an expert so I will ake a picture of the 49s for you when iam done and hopefully someone can tell me if it is A to denticles.
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DVCollector's Avatar
United States
10045 Posts
 Posted 02/26/2011  5:54 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
belvegas, happy to help out!
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bellvegas's Avatar
Canada
18 Posts
 Posted 02/26/2011  6:20 pm  Show Profile   Bookmark this reply Add bellvegas to your friends list Get a Link to this Reply
ended up finding 30 1949`s and 27 1948`s I also pulled aside all the 37,38, and 39s. will post pics of the 49`s soon
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bellvegas's Avatar
Canada
18 Posts
 Posted 02/26/2011  7:23 pm  Show Profile   Bookmark this reply Add bellvegas to your friends list Get a Link to this Reply
I am having a bit of trouble determining if its a to denticles. but I dont belive any of the 49s are a to denticles. if the a is not exactaly on the denticle its between right?
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DVCollector's Avatar
United States
10045 Posts
 Posted 02/26/2011  8:07 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
The last A in GRATIA should align with the denticle as show in my pic.
If any seem like possibles, post a few pics.
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