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My First Box Of Lincoln Cents!

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Dirty Finger Penny Sorter's Avatar
United States
37 Posts
 Posted 07/23/2011  08:49 am  Show Profile   Bookmark this reply Add Dirty Finger Penny Sorter to your friends list Get a Link to this Reply
Gloves, we don't need no stinking gloves. Go dump it and get another box. Beginners luck will shine upon you! 17 Wheats with a teen in the mix!
Edited by Dirty Finger Penny Sorter
07/23/2011 08:51 am
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Chadwick's Avatar
United States
271 Posts
 Posted 07/23/2011  11:23 am  Show Profile   Bookmark this reply Add Chadwick to your friends list Get a Link to this Reply
Good luck with those cents. Keep an eye out for varieties as well as coppers. A nice WAM could be worth more than can be gathered from hundreds of dollars in cents.
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dbrablec's Avatar
United States
1944 Posts
 Posted 07/23/2011  11:33 am  Show Profile   Bookmark this reply Add dbrablec to your friends list Get a Link to this Reply
i just finished a box. 13 wheats, 268 copper (not including 1982's which I have not seperated yet). 1 2cent euro, 36 modern DDR colums (all unlisted).
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 07/23/2011  3:46 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
36 DDRs? That's crazy. Were they all the same die in some solid uncirculated rolls or something?
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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/24/2011  9:54 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
What's the suggested method of dumping 2.5k 2011 shiny shotgun rolls? I could take them right back to the bank and put them in a deposit bag but I'd prefer to just swap them box for box. Not sure if they'd go for that though.

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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/25/2011  11:27 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Does CoinStar sound like a reasonable way to handle this? There's one right across the street from me. And this way I could keep 4-5 rolls of shiny 2011's.
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LastGold's Avatar
United States
228 Posts
 Posted 07/25/2011  11:45 am  Show Profile   Bookmark this reply Add LastGold to your friends list Get a Link to this Reply
Celtic:

You could sell the box on ebay - at a small premium. You could take maybe 10 rolls to save and return the rest to the bank - or - if you want to get super hard core on it - you could look at each and every cent in the box hoping for a true gem (like MS65 or higher).

I've tried it both ways. The shield cents are so poorly struck, and with the corrosion/stain/air bubbles issues - a real gem is a long shot.

I'd grab 10 rolls choosing rolls that have good end coins, and return the rest.

Best,

LastGold
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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/25/2011  11:54 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Thanks, LastGold. I'll probably take that route.

But return where? CoinStar? Bank? My bank (BoA) doesn't take rolled coins, so I'd have to break the rolls and put them in a deposit bag. I guess not a big deal now that I think about it. I guess breaking all the rolls would allow me to do a cursory check for die errors and such too. I did notice some end coins with red streaks on them, but that could be from the ink on the paper rolls.

And I don't think I want to sell on ebay. Too much of a pain for little gain. Thanks for the suggestions though.

~ CK
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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/25/2011  3:35 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Ok, regardless of what I do with that first box of zinc, I picked up another at the bank today. This box had 50 little holes in the top to verify that there were indeed 50 rolls of pennies in there, and I saw some new and old pennies on the ends of the rolls. So this one is off to a better start already.
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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/26/2011  11:50 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Ok, so I cracked 20 of 50 rolls last night, and I think y'all are pretty close with your guesses. I haven't taken any official counts yet, but have been divvying up into piles of years/mints for easier counting later.

Interesting finds so far: 1970-S and a 1953.

Copper hits seems to be hovering right under 20% Found some nice lightly-circulated and nicely patinated early (non-wheatie) coppers that will make good additions to a folder/album.

Highest hits are 2010 and a majority are D, as you predicted, LastGold. However, as the age of the coins increases, the distribution of D and P becomes more balanced. The coppers are nearly 50-50. I suppose that's to be expected as the coins distribute more evenly over the years.

Will get pictures of some of the interesting coins later and post.

Thanks for your input.
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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/28/2011  7:47 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Ok, here we go, first bit of data from the (second) box of pennies:

396 copper / 2.5k total = 15.84%
BLUESZONE, you are the closest at 17%

5 Wheaties ('24, '44D, '50D, '53D, '56D)s
pecksynder, you were right on!

1 oddity, a '92 Canadian cent
Again, BLUESZONE called it

Vast majority of the were D-mint, as LastGold predicted they would be.

Also of interest, I got 3 S mint marks ('70 x2, '74)

I ended up with some nice cents from '67-'82 that will make good candidates for the collection. I have a breakdown of all the copper cents by year/mint and when I my eyes uncross, I'll tally up the Zincolns as well and report back.

I also picked up another box of cents today from the bank, as well as a box of nickels and a box of dimes. I don't think I'll get as granular with the next box of cents but probably will with the nickels and dimes for the first go-around.

Now I need to dump 2000+ cents that I'm not interested in. Is there a limit at CoinStar?
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merclover's Avatar
United States
10635 Posts
 Posted 07/28/2011  8:18 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
There is another thread to post your finds from cent rolls/boxes... you might get more feedback there.

Les
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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/28/2011  8:45 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Thanks, merclover. I will summarize and cross-post there as well.

Why oh, why did I start buying boxes? I walked out of the bank today with $375 in coins. That's after I dropped a pile of cash on the Mount Hood puck this morning. What's the matter with me?!

At least I will be returning the vast majority of the coins I bought today... :)
Valued Member
United States
52 Posts
 Posted 07/28/2011  10:36 pm  Show Profile   Bookmark this reply Add snoman70 to your friends list Get a Link to this Reply
For me it feels really weird to buy coins...even though you are buying nothing.

I keep most of my money in cash format. Even though the coins are liquid, they don't feel as liquid as the money clip in the dresser drawer
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United States
94 Posts
 Posted 07/28/2011  10:47 pm  Show Profile   Bookmark this reply Add rawmeat to your friends list Get a Link to this Reply

Quote:
For me it feels really weird to buy coins...even though you are buying nothing.

I keep most of my money in cash format. Even though the coins are liquid, they don't feel as liquid as the money clip in the dresser drawer

Well you're in the right place! oh wai--
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