As the title states I’m looking for some help identifying some “home made” markings. As I stated in my introduction I found these in old trunk, definitely part of someone’s collection. I’m trying to determine what the markings on the lid/cap might mean I have tried google and other books but came up empty. All the 1946 nickels say “46-D SAEE” and the 1947s say “47D-CAGE” my one friend said it might have been there way of organizing but I wanted to try to find out more.
It may be the price paid for the coins. Many dealers have a letter code that they can turn a flip over and decipher what they have in the coin. From there they can work out their mark up.
I say it is their cost code. Are those all UNC. in the rolls ? I know one place that uses "LOWPRICES" as their code. Here is one of my raw purchases that I have my "cost code" on for what I paid for it.
Thank you and thanks @Paddy54 that seems to be the general consensus. As far as I can tell yes they are all UNC. I still have some research to do,but very excited to learn more about them and some others in my collection
Well you can go to varietyvista.com and check for rpm's, ddo's,ddr's there are quite a few some hold some value. Have fun.Paddy
AS stated, many dealer's use a code to know their cost on a coin. One simple way is to come up with a 10 digit word or words with 10 diff letters that's easy for you to remember. Say for example, COIN TALK XY. C=1, O=2, etc, so if a dealer has a coin priced at $75 and it has NTYY he knows he paid 4500 ($45.00). So if you ask for a better price or make a counteroffer, he knows how much he can move. Years ago, I figured out the code word of a small dealer at local shows. He always gave me a good deal anyway, so it really didn't matter.
Solid info for the New Member Hoop! Well laid out response, I even feel smarter now! Thanks, Reed. P.s. I look smarter too!
The Army used to do the same thing with grid coordinates to prevent an enemy from learning your location by listening to your radio transmissions. I remember one of the codes we used to use was BLACK HORSE. Of course now they have frequency hopping radios to prevent eavesdropping.