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sheba
Penny Pincher Member
USA
191 Posts |
 Posted - 04/14/2009 : 01:41:40
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Hello ... first time posting. Enjoy this forum!
I am going through a large quantity of Lincoln Memorial pennies I've thrown into a container for years. Saving the pre 1982 for copper hoarding (but pulling out the BU dates).
My question is ... I am finding a lot of really nice condition (BU-MS65) from 1982 to 2008 ... specially the early 80s. Is there any 'value' or 'reason' to keep the gem condition pennies from the 80s and 90s as collector items, or should I just take them to the bank and get more rolls to search for pre-82 coppers.
Thanks so much for any advice anyone cares to give
sheba
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woof ... wag ... whine |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/14/2009 : 06:21:35
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sheba, welcome. Maybe keep a few "just because", or as hole fillers. Honestly if you sort enough, you'll see plenty of those anyway. Take care and keep up the sort!
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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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/14/2009 : 07:54:56
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Welcome aboard sheba...
Agree with what Deal says. If they're really BU, and you are seeing enough of them, then maybe try putting date/mintmark rolls together for resale on Ebay. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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kieblera5
Penny Hoarding Member
USA
859 Posts |
Posted - 04/14/2009 : 10:58:44
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| I personally do not believe that it is worth the effort to sort out the AU/BU coins. You will not get much of a return as there are plenty of them out there, people just have to look. Yes, definately keep one/two of each date/mint to fill some books. If you have complete sets of BU then they will definately sell for more. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 04/14/2009 : 11:43:48
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| I keep the AU/BU coins i see! I hardly ever come across a nice BU lincoln cent from the 80's. Those things already sell for a high premium in roll form just check it out. I see the earlier 80s zincers to be a key down the road b.c they dont last |
Inquiring minds want to know |
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 04/14/2009 : 13:37:59
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Thanks all for the many helpful comments and the kind 'welcome' .... I'll keep searchin' and 'hoardin'' copper. I really like the comment someone has made somehwere on this forum ... "Pennies are the poor man's gold". Fits me to a 'T'!
I have found a lot of the early 1980s (zinc especially) that are gem BU from my 'penny pail'...but the ones I specially look over are the 1983 P and 1984 P hoping to find one of those DD coins (and 1995 when I find one)!
sheba |
woof ... wag ... whine |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 04/14/2009 : 20:47:49
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| dont forget the E. Pluribus Unum on the small date zincs on the 1982's also. Check out You must be logged in to see this link. it has a wealth of knowledge |
Inquiring minds want to know |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/14/2009 : 20:58:58
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quote:
Originally posted by daviscfad
dont forget the E. Pluribus Unum on the small date zincs on the 1982's also. Check out You must be logged in to see this link. it has a wealth of knowledge
What's the story on the E. Pluribus Unum with 1982's? |
My hobby: collecting real money 1 copper cent or nickel at a time.
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 04/14/2009 : 21:39:59
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| its the most visible part of the DDR..You must be logged in to see this link. check it out. 1982 Small date zincers are somewhat scarce if you havent noticed in your searches. its a rather rare die variety. I think it list some prices also on that page |
Inquiring minds want to know |
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 04/14/2009 : 23:11:11
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Wow! I guess I'd better do another search through all the 1982s I've found in my 'penny pail'. Just dumped 3 rolls of 1982s into my 'take it to the bank to be counted' jar. I don't know what to look for as to 'small' or 'large' date, but I can sure follow those neat photos with my loupe and check to see if one of these rareities might be lying around in my 'hoard'. Thanks for the info!
sheba
woof |
woof ... wag ... whine |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 04/15/2009 : 09:57:14
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| if you see a large and a small enough you will be able to tell. the best way i know to explain to you is the small looks like a snowman.. the top part of the eight is smaller than the bottom. on the large date the loops on the 8 are the same |
Inquiring minds want to know |
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 04/15/2009 : 10:22:41
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Thanks again all ... the advice and help on this forum is just great!
I am currently getting about 25%-35% pre 1982s per bank wrapped roll from my current stops at banks. My jar that I had been throwing pennies into for years yielded, I would guess, nearer 70% pre 1982s and a lot of the pre 82s were BU (IMHO) - even a few wheats. Wish I had been a lot more diligent about throwing pennies into a jar many years ago!
sheba
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 04/20/2009 : 14:51:23
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WELCOME TO THE FORUM.
As already noted prior to getting rid of any Lincoln cents you should check out that coppercoins web site. The guy from that web site also has 2 books out on that coin. Also, there is web site called The Lincoln Cent Resourse which also has tons of info on that coin. You should get to know of the odd ball ones since some of those bring a large cash reward. And don't forget the more recent ones like the 95 double die or the wide and close AM's in America on the 98 and 99. Watch for the 83 double die and the 84 double ear on Lincoln also.
Now here is a tricky one. There is an ever increasing demand for error coins and some people are even just error coin collectors. When you flip a coin over from top to bottom, it should still be right side up. A slight reverse rotation is almost difficult to notice since when you flip a coin over in your fingers, not easy to keep straight. Occationally some coins have rotated reverses of over 9o degrees and some even 180 degrees which means the reverse is upside down. Such things are not covered in many coin books. For example in the famous Red Book, 2010 edition, on pages 400 to 407 for types of errors, not much discussed on those. This is covered on the Lincoln Cent Resouse web site though.
To sum it up you have a lot of work ahead of you. |
Carl |
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Newbie needs advice about pennies
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