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What To Look For When Penny Collecting?

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Pillar of the Community
hesgut's Avatar
1028 Posts
 Posted 09/26/2011  5:55 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
You know, you could always buy a 5000 Wheat cent bag as long as they aren't charging you more than 7cents per wheatie. It's kind of like seacrhing for them. I've never seen one for sale anywhere that I didn't anticipate was seacrhed for dates, regardless of what they say. I have seen some that weren't searched for errors or varieties. In fact, I never searched my own wheaties for less common errors or varieties. You wouldn't find a 55DD, but you might find the other errors. You will also get a bunch of steal cents to boot
Pillar of the Community
reupman's Avatar
United States
597 Posts
 Posted 09/26/2011  6:03 pm  Show Profile   Bookmark this reply Add reupman to your friends list Get a Link to this Reply
do not despair I did find a 83 dd in a box just a week ago.
Bedrock of the Community
merclover's Avatar
United States
10635 Posts
 Posted 09/26/2011  6:52 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply

Quote:
also all cents 1982 and earlier are copper and worth approx. 3x face


Yes, and there are no less than EIGHT different varieties of the '82 Lincoln... ('82 large and small date copper, a large and small date zinc, '82-D large date copper, '82-D large and small date zinc, and '82-S)


Quote:
I don't think the 2010's are worth much of anything. You may have seen some old posts (including on this forum) of people in early 2010 obsessing over them because of the new design and because it took the mint unusually long to get them into circulation. So there was a small window in early to mid 2010 where people were selling them for ridiculous prices to people that didn't have the patience to wait 6 months for them to become commonplace.


Yes, BUT the mintage numbers for 2010 pennies is very low.


Quote:
Any of the coins you listed pre 1959 will never turn up in rolls.


Gotta disagree strongly on this one. The great thing about roll searching is that you can get nearly any of the dates of the series, and many others her4e will tell you. Never say never.

Les
Pillar of the Community
eaglefoot's Avatar
United States
6326 Posts
 Posted 09/26/2011  11:09 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
what to look for when penny collecting?


Find the best grades possible that you can afford/or upgrade to the best conditioned ones you can find.
Get a good album to put them in.....not a folder.

Here are some supplies/albums for you to look at. click the link.

http://www.wizardcoinsupply.com/pro...ansco-album/

At some point in your collecting career, you will need to visit a coin shop ! THIS IS NOT A BAD THING ! It's a GOOD thing ! .....
There's nothing wrong with "buying" good examples of coins that you couldn't/can't otherwise find "in the wild".
The pride of putting together an album of Lincoln Cents from circulation, is immeasurably pleasing without a doubt, whether you decide to do a "Memorial" album or a " Wheat cent" album or a deluxe complete one of BOTH.
But this is perhaps more of a lofty goal than you realize....but the journey will be super fun for sure ! ...

I also suggest that you buy a 2012 Official RedBook of United States coins (It's red !....)
ANY bookstore will have it.....and it's like the coin collectors BIBLE ! Just about every collector has one, and for the person just starting out....it's priceless.
Edited by eaglefoot
09/26/2011 11:11 pm
New Member
MrHaz's Avatar
United States
40 Posts
 Posted 09/27/2011  12:18 am  Show Profile   Bookmark this reply Add MrHaz to your friends list Get a Link to this Reply
Since I started coin roll huting less than 4 months ago I have put together a pretty nice collection for my Grandson Aaron. The Harris albums I have are filling quickly, and I am also saving rolls of everything prior to 1970 for him. Just today I pulled a 1972D DDO out of a roll, and have a 1988D RVD-006 CTRD-008/WTRD-009 at ANACS getting graded and slabbed! I can definately say you can find just about anything roll hunting! I love this hobby!

Edited by MrHaz
09/27/2011 12:23 am
Pillar of the Community
amassey08873's Avatar
United States
584 Posts
 Posted 09/27/2011  04:35 am  Show Profile   Bookmark this reply Add amassey08873 to your friends list Get a Link to this Reply
Welcome! Something you might want to try and is usually available. Trading boxes of cents with another member here on CCF, from a different part of the States. You can reply to trade topics when you hit 50 quality posts, you can start your own trade topic when you hit 250 posts.
You must have at least 250 quality* posts and have been a member for at least 90 days to post anything for sale or trade. You must have at least 100 quality* posts to post links to sales on external sites such as ebay or eCrater. From the rules
"You must have at least 50 quality* posts and have been a member for at least 14 days to buy or respond to a trade. This applies to any forum at all, not just the Buy/Sell/Trade forums."
Valued Member
everything's Avatar
United States
493 Posts
 Posted 09/27/2011  05:05 am  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
I'm going to nix the bank rolls and start going through wheats. I found a coin shop where I can buy them for 3 cents each. I'm still trying to figure out why it's so hard to find a nice shiny 1971, very elusive for me.
New Member
blindacideye's Avatar
United States
20 Posts
 Posted 09/27/2011  09:23 am  Show Profile   Bookmark this reply Add blindacideye to your friends list Get a Link to this Reply
i do understand that alot of these are gonna be tough to find, but I love collecting things like this and not know what you're going to find! I will definitely gonna be getting that RedBook and I knew about the Dansco albums, thanks for the links, I'm just waiting for the right time to get everything to really kick off my collection, will probably have to wait til after I get married in december :) but til then I might grab a box of pennies here and there til then!
Bedrock of the Community
United States
20753 Posts
 Posted 09/27/2011  12:44 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
First thing is to not call them "pennies" they are cents. Welcome to the forum!

Age old debate. Out of 300 million Americans, 299,999,995 say PENNIES.
to the place for discussing PENNIES.
What you may want to do is purchase a copy of the Red Book by Whitman Publishing. For addtional info on those you may want to also check out the Numismedia and NGC web sites. Download and/or print out their price listings too. What one listing may exclude, the others will make up for.
Then too also go to the http://www.coppercoins.com web site for more info on that coin.
Add to your list a 1974 Aluminum one. 43 Copper, 44 steel, 59 Wheat back and for sure a 1908 Lincoln Cent.
Bedrock of the Community
merclover's Avatar
United States
10635 Posts
 Posted 09/27/2011  4:21 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply

Quote:
I'm going to nix the bank rolls and start going through wheats. I found a coin shop where I can buy them for 3 cents each. I'm still trying to figure out why it's so hard to find a nice shiny 1971, very elusive for me.


While this might be a good strategy for filling holes in your album quicker, chances are those coin shop wheaties have been searched through more than once, so the odds aren't in your favour in finding anything rare. Searching bank rolls might be slow and taxing, the thrill is in the hunt... you never know what you might find. Read through the 350+ messages in the penny roll searching thread here, and you too will be blown away by the possibilities! I wouldn't totally abandon roll searching... it is the last frontier!

Les
New Member
blindacideye's Avatar
United States
20 Posts
 Posted 09/27/2011  4:58 pm  Show Profile   Bookmark this reply Add blindacideye to your friends list Get a Link to this Reply
Thanks for the tip carl, yea I do have a book already I cant remember the name of it exactly but its the "black book" price guide, it was a cheaper version of a price guide, I will be buying the Red Book price guide in the next few months.
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 09/27/2011  5:50 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
and good luck in your hunt for Lincolns. There are some decent coins out there in circulation waiting to be found. I got a 25-S not too long ago in change.
Valued Member
United States
63 Posts
 Posted 09/27/2011  7:17 pm  Show Profile   Bookmark this reply Add lotchange to your friends list Get a Link to this Reply
In addition to the coins on your list I am always looking for BU from the any year, except 2007. I have tons of them for whatever reason. I'm trying to make rolls of each year. It's a lofty goal but it gives me something to shoot for.
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 09/27/2011  9:49 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Just looking at your list, I don't see the
1909 S and the 1931 S
New Member
blindacideye's Avatar
United States
20 Posts
 Posted 09/28/2011  09:49 am  Show Profile   Bookmark this reply Add blindacideye to your friends list Get a Link to this Reply
Well when I first started up this list, I wanted to have a list of the different defects or errors that can be rare to find. That was my main goal with all of this, I do understand some of those are easier to find than others, but I wanted a plain as day list for important things to look for so I dont miss them! but now I have put together a nice list thanks to all of you for adding your Two Cents (no pun intended) lol but there's alot of "types" of pennies out there that I never knew existed! So hope this will help someone someday!
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