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 Posted - 10/27/2008 : 15:52:40
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Hey everybody. I'm new to this hobby, just started a week or so ago. Just sorted my second box of pennies this weekend, and came up with nearly all coppers. My first box was a more "normal" 20% copper or so, but this one was probably high 80% or so (I didn't actually count because I do everything by hand, but instead of pulling just five or six coppers out of a roll, I'd pull mostly coppers and instead only five or six zincs, sometimes even less.) These were all from a bank box, so no idea how it got so heavy with coppers. Maybe somebody in the area recently dumped their hoard at face value because of falling copper prices? Well, the thrill of the hunt is what drew me to this in the first place, so even if copper pennies fall below face in bullion value, I'm going to keep sorting a box or two a week.
What really struck me as strange is that the few stray zincs in the lot were not 1984s and such, but instead shiny new 2006, 7s, and 8s. But I also got a lot of shiny old coins as well, so just seeing a bunch of bright coins in a roll was no guarantee they were new zincs--I got a 1955 wheatie with a very nice red-brown finish (not sure if it's been cleaned or not, but the wear seemed fairly consistent with a coin that hadn't circulated much.)
The one coin I really found interesting, though, was a 1944 with a strange error/deformation. I'm not sure what to make of it. Where it says "In God We Trust" around the top rim, it looks like the T in Trust is deformed, so it reads more like "In God We Yrust". The coin doesn't appear to be damaged, but there doesn't appear to be any other errors on the coin either that my rather untrained eye can see. Any idea what this could be?
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Posted - 10/27/2008 : 17:26:46
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At first it was high gasolione prices that were forcing people to roll up the change, now it's other issues as well.
Buy your customer rolls from the inner city banks near poor areas! They are overwhelmed with them and go late in the afternoon. The bank tellers will love you for it and you'll get lots copper from jugs of pennies that have been stored for years. My wheat yield and Canadian copper is very high but I live near the border. |
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Second box yields almost all copper
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