| Author |
 Topic  |
|
|
mickeyman
Penny Pincher Member
Canada
243 Posts |
 Posted - 01/15/2008 : 22:26:08
|
I've had a good run of luck at the bank that time forgot. Twenty rolls of nickels (Canadian) yielded seven complete rolls of pure cupronickel--I could swipe them with a magnet to know there was no steel or nickel inside. In the first of the magnetized rolls, I found eight 1951 bicentennial of nickel commemoratives. Now I don't know how rare these are, but in 750 rolls of hand-sorted nickels last year I only found two, so I would have to say that eight in one roll is unusual. In this same roll there were also six King George V nickels of various years from 1923 to 1935. Again, in 750 rolls sorted last year I only found a grand total of three of these. The other rolls yielded similar numbers, not to mention a lot of nickels from the 1930s and 40s, and more war nickels than I had ever before seen (sadly Canada was not as classy as the US and made its war nickels of chrome-plated steel).
I ended up with enough commemorative 1951s to make a complete roll.
One roll stood out as being wrapped in extremely old-looking paper. It was labelled "1937 dot", which didn't mean anything to me, but I teased open one end, and out came an entire roll of 1937 dot nickels, which look to sell on various webpages for about $1 each. I carefully put them back in the same roll in case it is period paper. It was my first "perfect" roll of nickels (all 999 Ni). Other rolls had 35-39 .999 Ni nickels, generally with one or two cupronickel or Cr-steel nickels thrown in.
What depresses me is that some poor guy saved these over a long time, and presumably when he died, his relatives just dumped the stuff at the bank. Is that what lies ahead for our hoards? I'm pretty sure that when I kick the bucket my wife will drop mine off at the bank. "Look at that. 1937 dot. Hey, we can get $2 at the bank for that!"
If I don't post for a long time, please check Mississauga banks for my hoard. I'd like it to go to someone who will value it.
It's a pain in the butt, but I think I will try mounting them individually on cardstock so they're less likely to run them all to the bank.
|
Not all who wander are lost. |
|
|
myfundsarelow
Penny Collector Member
USA
388 Posts |
Posted - 01/15/2008 : 23:42:07
|
hi mickey man about your canadian nickels dated 1937. dot there were only 4.593.263 made. as for the dot it may mean that this coin made was extended to the next year this also is the case for the canidian 1 cent dated 1974 dont quote me as this is just my explantion of this dot i will research some more PEACE! |
 |
|
|
NDFARMER
1000+ Penny Miser Member
USA
1197 Posts |
Posted - 01/15/2008 : 23:43:42
|
I know what you mean about the family dumping your hoard or collection at the bank. My wife does not like my coin collection at all. She is constantly telling me to sell those pennies, what do you want all those pennies sitting around for? I have several five gallon pails full of Wheat pennies. I keep telling her she needs to get a good coin auctioneer to sell my collection, but she says she is just going to dump them at the bank.
I have not even told her that I have started hoarding copper. Thank goodness she was not home when my Ryedale showed up. She will really go through the roof when she sees all those boxes of copper sitting in the basement. I just hope that maybe someday when I am getting 10 cents for every copper cent I put away I will be able to say "I TOLD YOU SO". |
COPPER - the "poormans" precious metal!!!
SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested. |
|
|
|
fiatboy
Administrator
912 Posts |
Posted - 01/16/2008 : 00:39:12
|
| When I worked in a coin shop, at least once a week someone would come in selling the coin collection of a late relative, but two or three times a week someone would come in selling a bunch of rare or silver coins that were found at a bank---coin collections that relatives turned in for face value. Even tellers would come in to sell the coins that were turned in. Sometimes family members of the recently deceased just want to be done with their late loved one's effects, and turning them in to a bank is the easiest, albeit least profitable, way to "move on." Sad really. A lot of these collectors spent a lifetime building their collections, just to have them dumped for face value. |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 01/16/2008 : 01:15:06
|
| NDFARMER.. I know what you mean about having a woman in the house that thinks you have too many pennies. I remember one day about a year ago she asked.. "What site are you on now?" "I'm on the penny hoarding board" I told her. So she says "Well, you better get on the penny unhoarding board" That is when I started selling off some of my spare copper on eBay every week.. just to make her happy. Of course I kept sneaking in more through the back door. When I got my Ryedale I had to have it shipped to my office to hide it from her. She already thought I had way too many coin machines. After I spent too many "late nights at the office" she started to think I was having an affair. I finally had to admit to having the Ryedale. Pretty sure my hoard won't end up at a bank though. |
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. |
|
|
|
Miser-stro
Penny Sorter Member
74 Posts |
Posted - 01/16/2008 : 02:38:23
|
Hmmm, so the consensus seems to run strong...women don't like penny hoarding gadgets.
My wife wasn't too happy when she found out I had bought a Ryedale without discussing it first (I thought we did discuss it). She got over it in a day or two though.
So I made sure she didn't find out (and still doesn't know since it has arrived) that I also soon after bought a Semacon CM-65 Coin Roll Crimper. I've been using it in my downstairs workshop while my other machines are running. I got a deal too good to pass up though... It was only used a couple times, was in Perfect condition, and had SIX crimp heads with it, and I only gave $130 and change. They're selling on ebay with only 1 crimp head for $300+, and additional crimp heads are $70+ each new. |
|
|
|
Ryedale
Administrator
USA
523 Posts |
Posted - 01/16/2008 : 04:59:35
|
quote:
Originally posted by HoardCopperByTheTon
NDFARMER.. I know what you mean about having a woman in the house that thinks you have too many pennies. I remember one day about a year ago she asked.. "What site are you on now?" "I'm on the penny hoarding board" I told her. So she says "Well, you better get on the penny unhoarding board" That is when I started selling off some of my spare copper on eBay every week.. just to make her happy. Of course I kept sneaking in more through the back door. When I got my Ryedale I had to have it shipped to my office to hide it from her. She already thought I had way too many coin machines. After I spent too many "late nights at the office" she started to think I was having an affair. I finally had to admit to having the Ryedale. Pretty sure my hoard won't end up at a bank though.
"the penny unhoarding board" Thats funny, I'll have to tell my wife about that. Sounds like you've got one of those tough spirited North Dakota girls. I met a few when we went Duck Hunting in the Garrison area. Not affraid to re-direct a man if needed, or at least try. They really don't understand this penny thing for the most part. Just going to have to fight her on this one.  |
Ryedale
GET YOUR DRI-SLIDE FROM IRONBRAID
http://www.ironbraid.com/driside.html
Used with permission from Ironbraid.
Quote
"The real art of conversation is not only to say the right thing at the right place, but to leave unsaid the wrong thing at the most tempting moment."
— Dorothy Neville-Rolfe |
|
|
|
Know Common Cents
Penny Pincher Member
195 Posts |
Posted - 01/16/2008 : 12:42:56
|
I refer to my penny hoarding habit as the the new object of my wife's scorn. For a gazillion years, I had a beer can collection. It numbered well over 2000 and some were very old. Seems like if I had a copper penny for every time that I was told to get rid of the cans, I'd have my first ton already.
Regardless, the cans are now gone (although I did manage to keep some of the best ones for myself). All that early steel and a bit of aluminum reduced to a handful of hundred $ bills, but I do have to admit that 100 cases of cans does take up a lot of room. Now with the transference of scorn to the pennies, a few pails here and there can be strategically squirreled away in a more "quiet" section of the house.
Ah, the things we must endure for love....and a hobby. |
Here in Wisconsin, we have some of the highest property and gasoline taxes in the US. We're squeezed so much, I have to make my daughter wear penny boxes for shoes. At least she has an endless supply. |
|
|
|
No82s
Penny Pincher Member
USA
198 Posts |
Posted - 01/16/2008 : 13:12:23
|
| My wife knows about my little stash but when the time comes I'm sure she'll forget. I keep my copper in those little almost square priority mail boxes (in case they ever need mailed ;) ). I can get 152 rolls in one. Before I tape them shut I insert a note that says "These are solid copper pennies and are worth more than a regular penny. Do not cash them in to a bank for one cent." Hopefully someone will get the hint from that. As for the rest of my collection she knows about it but the trick will be getting her to remember where its stashed in the house. Last time I had it out it was "Where did that come from?" |
The difference between an optimist and a pessimist is that the pessimist is better informed. |
Edited by - No82s on 01/16/2008 13:15:06 |
|
|
|
n/a
deleted
27 Posts |
Posted - 01/16/2008 : 13:34:18
|
| Maybe we need a note with our pennies that has this web site address listed. "In case of death, please list my collection for sale on the penny forum" That way it will go to those that understand & bring in more than a penny each. |
Scrooge's signature dive into money. |
|
|
|
horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 01/16/2008 : 13:52:47
|
You guys have given me a good idea. I am going to curse my hoard by placing an old bone in with it that is inscribed with "He/she who takes my hoard back to the bank and returns it at face value shall be tormented by my ghost and slowly crushed to death under a torrent of worthless paper money."
Actually the solution is much simpler. Educate your children. If you don't have any make some and then educate them  . I have a strong suspicion that the hoarding mentality comes from a gene and it just takes a little prompting to bring out the trait.
If that fails and you find out that unfortunately none of your heirs got passed the hoarding gene, you can always adopt one of the other board members.  |
|
|
|
mickeyman
Penny Pincher Member
Canada
243 Posts |
Posted - 01/16/2008 : 22:02:03
|
That's a good suggestion Horgad. Actually I have been educating my children, but to date it has only been about the silver, because it's prettier. When they are older (the oldest is seven) I'll start them on coinage.
Kids are good because it is natural for them to collect coins. The worst thing about the Canadian Mint's alloy recovery program is that it robs kids of the ability to find by chance some old coins in pocket change. I got started by finding some old 1920s American penny when I was a kid. |
Not all who wander are lost. |
|
|
|
El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 01/17/2008 : 09:35:14
|
Mickeyman -
I live on a border state, so I see a lot of Canadian coin. I have a V nickel and even one of those plated 1952 nickels.
Are George VI coins generally worth more than Eliz II coins? |
Trust the government? Ask an Indian. |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 01/17/2008 : 11:02:38
|
| Actually, now that I have thought about it more, I would like to see some of my hoard deposited into the bank or put back into circulation. I like the idea of some future collector getting a thrill when he gets some great rolls and finds some coins that are extremely scarce in circulation. Maybe he will come on the penny board and report his great find. |
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. |
|
|
|
fiatboy
Administrator
912 Posts |
Posted - 01/17/2008 : 15:39:28
|
quote:
Actually, now that I have thought about it more, I would like to see some of my hoard deposited into the bank or put back into circulation. I like the idea of some future collector getting a thrill when he gets some great rolls and finds some coins that are extremely scarce in circulation. Maybe he will come on the penny board and report his great find.
I used to buy rolls of Indian Head pennies and Buffalo nickels and then spend them! I'd use them to make exact change or leave them as tips. I even left a few Indian Head pennies in the "leave a penny/take a penny" trays.
I sometimes wonder what happened to all those coins. |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
|
|
|
mickeyman
Penny Pincher Member
Canada
243 Posts |
Posted - 01/17/2008 : 21:16:26
|
I live on a border state, so I see a lot of Canadian coin. I have a V nickel and even one of those plated 1952 nickels.
Are George VI coins generally worth more than Eliz II coins?
I'd generally expect so, but none of them are worth much. There are a few exceptions though, due to low circulation. Condition is the critical determinant on value. |
Not all who wander are lost. |
|
|
| |
Topic |
|
Depressed about a good find
Forum Locked
