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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 10/28/2009 : 12:45:18
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Hi all,
Just curious if anyone separates the copper Lincolns from 1959 - 1963, and the copper Lincolns from 1964 - 1981? (who )
If so, why do you separate them?
I do for now, but am not sure if it is worthwhile or not. I appreciate any thoughts anyone cares to share. Thanks
sheba
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woof ... wag ... whine |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 10/28/2009 : 12:53:49
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What is the point of doing this? There is no premium or "rare" coin from 59-63 |
Copper Penny Investing www.portlandmint.com |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 10/28/2009 : 13:00:29
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The only time I separate 1959 through 1960's is if I find a really shiny BU penny. I figure eventually if coppers are melted that the BU ones will be worth far more than their copper value. |
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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barrytrot
Administrator
USA
721 Posts |
Posted - 10/28/2009 : 13:04:47
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Either separate by year (which makes sense) or by condition (i.e. BU/XF/damaged/etc.).
For Memorials that are not BU and have no mint error they are all worth the exact same. |
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 10/28/2009 : 13:05:44
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Hi,
Well, I find very few 1959-1963 in comparison to the later dates .... I haven't kept percentages, but my 'uneducated guess' for my sorting would be not more that 5-10% coppers are the earlier dates.
Mintages, though very high for those dates, still, are less then from 64 on ... and while I keep seperate all of the 59-63s ... I specially look among them for the occasional really nice BU that turns up once in a great while.
But I'm so far hearing that there's no 'added' value of any kind attached to those dates. I'm not into coin collecting, but just wondered of rolls of those dates might bring more, price wise, when sold.
Thanks for the replies and appreciate anything anyone else cares to share.
sheba |
woof ... wag ... whine |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 10/28/2009 : 13:29:16
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well i do know from 1959 to 1962, the composition was different than from 63 to 81. from 1959 to 1962 it was the same as from 1909 to 1942 ".950 copper and .050 tin and zinc." And from 1944 to 1958 it was .950 copper and .050 zinc just like from 1963 to 1981 and some 82. So some people keep them separate for that reason |
Inquiring minds want to know |
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fasteddy
Penny Collector Member
USA
298 Posts |
Posted - 10/28/2009 : 13:48:35
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sheba thanks for the post....I have too wondered why I am seperating my pennies....so I am going back to keeping all of the memorials in my barrel o pennies...I did run into a couple of boxes recently that were heavy in the 59 -64's...unusual... |
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Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 10/28/2009 : 14:24:31
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I only keep the most brilliant looking specimens from the early memorial years seperate from the other coppers. I rarely see a BU coin from 59-63, heck, i'm lucky if I get over 10 well circulated coins from those years in a single box. |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 10/28/2009 : 15:01:57
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quote: Originally posted by daviscfad
well i do know from 1959 to 1962, the composition was different than from 63 to 81. from 1959 to 1962 it was the same as from 1909 to 1942 ".950 copper and .050 tin and zinc." And from 1944 to 1958 it was .950 copper and .050 zinc just like from 1963 to 1981 and some 82. So some people keep them separate for that reason
I was under the impression that the years of 1944 - 1946 were the Cartridge Case or Cartridge Shell years and that those years the composition was .950 copper, .050 zinc; then in 1947 the composition was .950 copper, .050 tin and zinc.
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 10/28/2009 : 15:39:37
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quote: Originally posted by Mikep2020
I only keep the most brilliant looking specimens from the early memorial years seperate from the other coppers. I rarely see a BU coin from 59-63, heck, i'm lucky if I get over 10 well circulated coins from those years in a single box.
Thanks ... I feel a bit better about not seeing many 59-63s after reading your post I understand, if I have read correctly that there are a couple of Memorials that are worth keeping .... something about 'small' or 'large' dates But I don't think I would take time to look for those ... although I do look for the 83/84/98/99/00 and the 92s ... those are fairly easy to spot (I think! I've only found a couple 1984s and 2 or 3 1998s, a couple 2000s ... so the really good ones have escaped me so far!)
Fasteddy ... I wonder if you might want to consider what some have already suggested ... if you find a really sharp, shiny, uncirculated 59-63, maybe you might want to consider keeping those aside?
thanks all ... still appreciate others' comments ... this is an absolutely wonderful 'learning' forum!
sheba |
woof ... wag ... whine |
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fb101
Administrator
USA
2856 Posts |
Posted - 10/28/2009 : 16:00:33
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I keep separate plastic tubes for "XF-AU" cents and wheats (essentially pre-1980), and the same for S mints. None of those tubes get much use. Anything else is awaiting the copper market to come back. |
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fasteddy
Penny Collector Member
USA
298 Posts |
Posted - 10/28/2009 : 17:29:45
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Sheba..I do keep the shiny pennies seperate, in fact I just bought some more tubes just for that reason Saturday.
I will find time to count out my heavy box of 59-64's just for curiosity if nothing else. |
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