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george454
Penny Pincher Member
242 Posts |
 Posted - 10/04/2009 : 17:11:13
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Hey guys been reading the blog for a few weeks know and it is truly the best forum i have ever found, everyone here is nice and very knowledgeable no matter how stupid the question. Ok enough rambling here are my questions.
1. I found several Canadian coins in my penny rolls (live in Florida home of the snow birds), I found one that has no date on the back but from what i found on the net looks like a Bicentennial penny. Is this worth keeping separate or dumping into the hoard with the other coppers. (Very good shape)
2. Found another Canadian penny with wat looks like a dove on the back, couldn't find much on the net so any help would be nice.
3. I have been cleaning my "coppers" not for adding resale value but just for making them look less "grundgy", been using CLR and letting them soak for a few hours. This really put a shine on them and makes them easier to read dates, even found a few S mint marks i had missed on the first sort. Does anyone know if this is okay or am I destroying the copper. From what I can tell it just takes the "crud" off them.
4. Last question has anyone had luck selling wheat pennies at coin shows. I like hoarding coppers, but like I have read in other topics here they are worth more than melt and i never mind turning a dime so I can get some more coppers or silver, what are yall's thoughts on this.
Thanks guys keep up the topics they are great and truly help.
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twocents
Penny Collector Member
398 Posts |
Posted - 10/04/2009 : 19:08:00
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Welcome.
1. You need to look at the last date on the date-range Canadians. If it is 1997 or later, it is zinc.
2. The dove is a copper Canadian. I do not know if it carries much extra value other than the copper unless it is in brilliant uncirculated condition.
3. No clue on this one. I would let one of my more experienced colleagues field this question.
4. I do not know about selling wheat pennies at shows, but they readily sell here in bulk quantity, typically for 4-5 cents each for 1940s-1950s, maybe a couple of cents more for the 1930s, and 8-10 cents for the older ones. |
Just my two cents! |
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Corsair
Penny Hoarding Member
811 Posts |
Posted - 10/04/2009 : 20:26:56
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| For your third question, I think that is a huge waste of time and money. If you only intend to hoard copper, then you are wasting your time. And if you want to make your pennies pretty, then you are wasting your money, because generally, collectors don't like cleaned coins. |
So long, Realcent 1. Come visit us at Realcent.org! |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/04/2009 : 21:04:59
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I agree with Corsair on the cleaning. The copper coins sell the same for bullion purposes not matter how clean they are. If you are selling them by weight, you are actually lightening them removing the crud. Also, collectors will not be interested in them once they are cleaned, so you are limiting your future marketablity that way.
Anything will sell at a coin show.. depending on price. I buy and sell wheat cents, copper cents, and even zinc cents at every show I go to.  |
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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Mcprice302
Penny Collector Member
USA
404 Posts |
Posted - 10/04/2009 : 21:08:49
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Howdy George! Personally, I keep all my Canadians seperate as I am a hand sorter and it's no extra work. It generally isn't seen as a problem though to have them mixed in with US copper as they are of a higher percentage content anyways.
I also don't think its good to clean coins either, although I could see more point in it than cleaning halves which are about spotless to begin with (mostly). Lasly, does the 454 in your name have anything to do with a Chevelle or other Chevy? Again, welcome! |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 10/05/2009 : 06:15:18
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Welcome.
1. Keep them seperate as you can do whatever you want with them. Melt, cut, destroy, or whatever.
2. See #1.
3. Quit doing that. Wasting money and time. Unless you just want shiny coins in you personal collection. Any possible collector coin is ruined with a cleaning. Get a good light and jewlers loup or something of that sort to help you read the dates. Better yet, just pick up a Ryedale. A lot less dates to read that way.
4. Always a market for wheats, be it here or at a show.
Post well and post often. Enjoy it here. The hobby is addicting.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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george454
Penny Pincher Member
242 Posts |
Posted - 10/05/2009 : 07:57:38
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| Thanks guys for the info, if I have any other questions you will be the first to here them. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 10/05/2009 : 12:20:24
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| I would not cleans the coins either. Selling the wheaties would be east to do right here or trade for silver if you lke silver. |
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psi
Penny Collector Member
Canada
399 Posts |
Posted - 10/05/2009 : 23:55:54
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| In the case of badly corroded cull coins with little numismatic value to begin with (say post-1970 coppers) I don't see a mild cleaning detracting too much from the value. On the other hand you are making coins look superficially like they are in better condition than they really are, which might be seen as deceptive by some. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/06/2009 : 02:51:25
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1. All Canadian coins have a date. Check the other side. In 1992 the coins all had 1867-1992 celebrating 125 years since confederation (founding of Canada by bringing together the first 4 Provinces). If this is what you have the coin is 98% copper but has no special collector value as they are very common.
2. You correctly guessed you have a Rock Dove cent from 1967. To celebrate 100 years since Confederation all Canadian coins got a special reverse featuring some wildlife. Again it is copper. Some people like to set these aside and they might command a small premium (worth a couple pennies) like wheat cents get. Interesting info here: You must be logged in to see this link.
I agree with others comments on the other 2 questions.
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“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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