Classic Realcent Archives
Classic Realcent Archives
Home | Profile | Active Topics | Active Polls | Members | Private Messages | Search | FAQ
Username:
Password:
Save Password
Forgot your Password?

 All Forums
 Bullion Coins and Metals Investing Forums
 Copper Penny Bullion Investing
 S Mintmark Pennies
 Forum Locked
 Printer Friendly
Author Previous Topic Topic Next Topic  

Stop Making Cents
Penny Sorter Member


53 Posts

Posted - 09/22/2009 :  23:11:17  Show Profile Send Stop Making Cents a Private Message
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?

sheba
Penny Pincher Member



USA
191 Posts

Posted - 09/22/2009 :  23:33:40  Show Profile Send sheba a Private Message
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
Go to Top of Page

Stop Making Cents
Penny Sorter Member



53 Posts

Posted - 09/22/2009 :  23:37:23  Show Profile Send Stop Making Cents a Private Message
Thank you very much for the info sheba!
Go to Top of Page

fb101
Administrator



USA
2856 Posts

Posted - 09/22/2009 :  23:39:00  Show Profile Send fb101 a Private Message
Same here. I save all 'S' mints, they are very hard to come by.

Go to Top of Page

dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 09/23/2009 :  10:36:51  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
I also save all the s mint mark I find only one or so out of every 1000 coins
Go to Top of Page

JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 09/23/2009 :  12:28:33  Show Profile Send JobIII a Private Message
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.



Go to Top of Page

Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 09/23/2009 :  13:17:54  Show Profile Send Bluegill a Private Message
I usually get at least 1 a box. I'm keeping them separate for the time being.

Go to Top of Page

Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 09/23/2009 :  14:34:12  Show Profile Send Cerulean a Private Message
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.

Sorting Map
2010 First Finds Contest
Are you a Buffalo Hunter?
Wanna take seignorage away from the Fed? Spend *any* coins!
We cannot afford this government.
Cerulean's Standing Offer: $3/lb shipped for foreign coins
Go to Top of Page

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 09/23/2009 :  23:01:18  Show Profile Send HoardCopperByTheTon a Private Message
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.
Go to Top of Page

mj2322
New Member



20 Posts

Posted - 09/24/2009 :  10:17:33  Show Profile Send mj2322 a Private Message
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.
Go to Top of Page

AgCollector
Penny Collector Member



USA
266 Posts

Posted - 09/24/2009 :  10:19:00  Show Profile Send AgCollector a Private Message
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...
Go to Top of Page

cwgii
Penny Hoarding Member



USA
924 Posts

Posted - 09/24/2009 :  20:17:25  Show Profile Send cwgii a Private Message
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
Go to Top of Page

Alpacafarmer
Penny Pincher Member



130 Posts

Posted - 09/28/2009 :  09:53:46  Show Profile Send Alpacafarmer a Private Message
68 thru 74 s mints sell for about $1.50 a roll. When sorting I find more wheats than S mints.
Go to Top of Page

Mikep2020
Penny Collector Member



USA
402 Posts

Posted - 09/28/2009 :  11:21:34  Show Profile Send Mikep2020 a Private Message
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.
Go to Top of Page

JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 09/28/2009 :  11:46:26  Show Profile Send JobIII a Private Message
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.



Go to Top of Page

Megaman
Penny Pincher Member



USA
173 Posts

Posted - 09/28/2009 :  11:50:54  Show Profile Send Megaman a Private Message
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......
Go to Top of Page

Computer Jones
1000+ Penny Miser Member



USA
1112 Posts

Posted - 09/28/2009 :  16:59:35  Show Profile Send Computer Jones a Private Message
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{>
Go to Top of Page

cwgii
Penny Hoarding Member



USA
924 Posts

Posted - 10/02/2009 :  13:23:32  Show Profile Send cwgii a Private Message
after keeping stats for over a year , avg on 'ss' is 64 per 100.00 fv. while wheats are at 44.
Go to Top of Page

PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 10/02/2009 :  16:16:55  Show Profile Send PennySaved a Private Message
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
Go to Top of Page

Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 10/02/2009 :  16:32:11  Show Profile Send Bluegill a Private Message
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.

Go to Top of Page

PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 10/02/2009 :  16:36:02  Show Profile Send PennySaved a Private Message
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
Go to Top of Page

Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 10/02/2009 :  16:49:40  Show Profile Send Bluegill a Private Message
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...


Edited by - Bluegill on 10/02/2009 16:50:42
Go to Top of Page

george454
Penny Pincher Member



242 Posts

Posted - 10/04/2009 :  17:29:16  Show Profile Send george454 a Private Message
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
Go to Top of Page

Computer Jones
1000+ Penny Miser Member



USA
1112 Posts

Posted - 10/04/2009 :  20:35:16  Show Profile Send Computer Jones a Private Message
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{>
Go to Top of Page
  Previous Topic Topic Next Topic  
 Forum Locked
 Printer Friendly
Jump To:
Classic Realcent Archives © 2000-2010 Realcent.org Go To Top Of Page
This page was generated in 0.38 seconds. Powered By: ForumCo v3.4.05
RSS Feed 1 RSS Feed 2
Powered by ForumCo 2000-2008
TOS - AUP - URA - Privacy Policy