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Stop Making Cents
Penny Sorter Member
53 Posts |
 Posted - 09/22/2009 : 23:11:17
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Are these worth saving if they are from recent decades? I've found a few from the 70s and I save all S mintmarks i come across, but they seem to be very rare. Is there much value to these coins? How late did they produce the S mintmarks?
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 09/22/2009 : 23:33:40
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The experts on this forum will be able to give you the best answer ... but, business strike 'S' mint cents stopped with 1955 S. Then, business strike 'S' mints began again in 1968 and were struck through 1974.
All US Mint Proof coins have an 'S' mint and I think they are the only ones that have the 'S' since 1975 (but I am not sure exactly when the 'S' began to be placed on the proof sets.
As to saving them ... I don't know if any 'Memorial Cents' will become valuable as a 'numismatic' item ... but I believe the 'S' mints have a lower number minted then 'P' or 'D'.
Personally, I save all 'S' mints and will wait to see what happens to their price in the future before dumping them with the regular coppers.
sheba |
woof ... wag ... whine |
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Stop Making Cents
Penny Sorter Member
53 Posts |
Posted - 09/22/2009 : 23:37:23
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| Thank you very much for the info sheba! |
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fb101
Administrator
USA
2856 Posts |
Posted - 09/22/2009 : 23:39:00
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| Same here. I save all 'S' mints, they are very hard to come by. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 09/23/2009 : 10:36:51
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| I also save all the s mint mark I find only one or so out of every 1000 coins |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 09/23/2009 : 12:28:33
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quote:
Originally posted by dakota1955
I also save all the s mint mark I find only one or so out of every 1000 coins
I find more them more often if you are saying 1/1000 copper cents. I also keep these in stored apart from the rest of the bullion. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 09/23/2009 : 13:17:54
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I usually get at least 1 a box. I'm keeping them separate for the time being.
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 09/23/2009 : 14:34:12
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| The first Lincoln memorial cents to have a future numismatic premium will be the S-mintmarked coins dated 1968-1974. They might not have it yet, but have the shortest wait time. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 09/23/2009 : 23:01:18
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I would say that the S mint cents would already command a premium if someone had enough to put together a decent sized lot and auctioned it off. I live in "S" country, and they are scarce even here. An analysis of a few bags about a year ago (After removing the 80% zinc) showed that on average only 5-7% of copper cents in circulation this close to the source had S mint marks. As one goes further east that percentage diminishes to 2%, 1% and even 1/2% in some areas.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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mj2322
New Member
20 Posts |
Posted - 09/24/2009 : 10:17:33
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| I dont seperate as I can do it later. Right now I am getting tons of S mint. Mainly 1971s.I would say the percent is well above those yall are seeing. |
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AgCollector
Penny Collector Member
USA
266 Posts |
Posted - 09/24/2009 : 10:19:00
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They are harder to find, but there are still too many of them to make them worth a premium over P or D. There are just too many memorials made to make any of them worth saving in circulated condition, with two exceptions: 1960 (P) small date, and 1970-S small date. But this is because they were only a portion of the entire 1960 (P) or 1970-S mintage. Normal 1960 (P) and 1970-S cents are plentiful.
As to saving S mints (1968-1974), save them as copper but I wouldn't bother separating them.
To each their own, though... |
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cwgii
Penny Hoarding Member
USA
924 Posts |
Posted - 09/24/2009 : 20:17:25
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i seperate them. normally getting from 4-12 per 1000 sorted.
currently have just shy of three boxes. hope to be able to get a premium when i hit 95fv |
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Alpacafarmer
Penny Pincher Member
130 Posts |
Posted - 09/28/2009 : 09:53:46
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| 68 thru 74 s mints sell for about $1.50 a roll. When sorting I find more wheats than S mints. |
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Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 09/28/2009 : 11:21:34
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| Yeah, I was going to say they are worth about 3 cents each in average condition in bulk form, and more for BU specimens. The 1968-S will be the most valuable out of all the 68-74 S-mints down the road with the lowest mintage numbers at 258 million. Being on the east coast, I rarely see an S-mint in change, and only get 1-2 per box if i'm lucky. |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 09/28/2009 : 11:46:26
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| Personally I like to hold all the s-mints i can find. Wheats are more common than S-mints, But the 1969 S-mint is something i always make note to check regardless the condition i find it to be. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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Megaman
Penny Pincher Member
USA
173 Posts |
Posted - 09/28/2009 : 11:50:54
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| I find alot of S mints over here in the west, way more then wheat pennies. Is it just pennies that have a premium for s mint marked coins or do nickels also carry some premium? |
Must hoard more...... |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 09/28/2009 : 16:59:35
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As things stand right now, when it comes time to reduce my hoard, the S's will be the last to go.
But; everything is negotiable so, if an offer I can't refuse comes along, they may be the first to go!
I seem to find more S's than Wheats in my sorting efforts. |
There's profit if you melt things!!
8{> |
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cwgii
Penny Hoarding Member
USA
924 Posts |
Posted - 10/02/2009 : 13:23:32
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| after keeping stats for over a year , avg on 'ss' is 64 per 100.00 fv. while wheats are at 44. |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 10/02/2009 : 16:16:55
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| Do any of you separate out the 1970 S and 1969 S from your stash in the hopes of finding either the 1969 S double die or the 1970 S (high 7) pennies? |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 10/02/2009 : 16:32:11
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quote:
Originally posted by PennySaved
Do any of you separate out the 1970 S and 1969 S from your stash in the hopes of finding either the 1969 S double die or the 1970 S (high 7) pennies?
I put the '70S's aside until I'm done sorting for the day, then I check them for the small date. I haven't found one yet.
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 10/02/2009 : 16:36:02
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| Do you look at the 69 S pennies? |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 10/02/2009 : 16:49:40
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No, I do not.
I'm not really good at identifying things like that. Plus I broom through a box to fast to be scrutinizing for varieties. And I'm more of a metal hunter than a numismatic.
I keep my S's separate so I guess I could go back and look...
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Edited by - Bluegill on 10/02/2009 16:50:42 |
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george454
Penny Pincher Member
242 Posts |
Posted - 10/04/2009 : 17:29:16
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| I found a 1954 S Wheat in my last roll, find wheat's and S mint's on a pretty regular basis but not a wheat with the S. Was at the weekend fair, has a few coin sellers, one said it was no biggy and said it was worth the same as the other wheat's (2 cents). Still not totally convinced the owner looks to turn a profit and is very hard to get along with. She seemed disappointed as well when I decided not to sell, so can any one give me there two cents on what to do. If its only worth the same than i would rather it go to some one that would enjoy it and not the snooty coin seller. |
Edited by - george454 on 10/04/2009 17:32:27 |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 10/04/2009 : 20:35:16
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quote:
Originally posted by george454
I found a 1954 S Wheat in my last roll, find wheat's and S mint's on a pretty regular basis but not a wheat with the S. Was at the weekend fair, has a few coin sellers, one said it was no biggy and said it was worth the same as the other wheat's (2 cents). Still not totally convinced the owner looks to turn a profit and is very hard to get along with. She seemed disappointed as well when I decided not to sell, so can any one give me there two cents on what to do. If its only worth the same than i would rather it go to some one that would enjoy it and not the snooty coin seller.
Unless it's in extremely nice condition I doubt it's numasitic value is more than $.05.
I like to keep coins tike the one you describe and hope that my Grandchildren, or their Grandchildren, will be able to realize a better return than I can get in my lifetime.
I'm definatly into coin collecting for the long haul! |
There's profit if you melt things!!
8{> |
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S Mintmark Pennies
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