I bought this for a buck....

Discussion in 'Coin Chat' started by mrweaseluv, Jan 6, 2021.

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  1. mrweaseluv

    mrweaseluv Supporter! Supporter

    was searching through "encased coins" tonight just giggles
    This caught my eye... from a "junk seller" (not a coin dealer)
    for a buck
    shipping cost me more....
    I just had to.....
    Watcha think
    1955 (2).jpg 1955r (2).jpg
     
    mrweaseluv, Jan 6, 2021
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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    That's cool. It's at least a Buck .:happy:
     
    SensibleSal66, Jan 6, 2021
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  4. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Those were very common marketing tools back in the day. I've got one, somewhere. I like yours for the date. Maybe a better pic when you receive it will reveal a '55 DDO ;)
     
    masterswimmer, Jan 6, 2021
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  5. Robert Ransom

    Robert Ransom Well-Known Member

    Wouldn't that be loverly,:singing::singing::singing::singing:
     
    Robert Ransom, Jan 6, 2021
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  6. fretboard

    fretboard Defender of Old Coinage!

    Yeah, I have a page of them in one of my binders. Very cool! :D
     
    fretboard, Jan 6, 2021
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  7. furryfrog02

    furryfrog02 Well-Known Member

    Those are cool.
     
    furryfrog02, Jan 6, 2021
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  8. lordmarcovan

    lordmarcovan 48-year collector Moderator

    That's a good grab for a buck.

    There's one in a consignment lot I just got in. Stork Club, I think it is. 1945 Wheat cent in the encasement, if I remember correctly.

    Neat stuff.
     
    lordmarcovan, Jan 6, 2021
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  9. furryfrog02

    furryfrog02 Well-Known Member

    There is an antique store that we frequented pre-coivd and there was a case that had maybe 20-30 different encased cents. All from stores in the area. Prices were way too high though.
     
    furryfrog02, Jan 6, 2021
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  10. lordmarcovan

    lordmarcovan 48-year collector Moderator

    I've even seen a few with AU-UNC Indian cents in them.

    While out metal detecting once in the mid-1990s here on St. Simons Island, Georgia, I dug one with a 1914 Canadian large cent in it. The aluminum(?) encasement part was toast- all crumbly and horribly corroded- but the bronze coin itself had survived in the ground reasonably well. Unfortunately none of the lettering on the aluminum encasement part survived due to the heavy corrosion- it soon crumbled away to powder. So the token part is an eternal mystery, but at least I added an XF+ details 1914 Canadian large cent to my "dug coins" album.
     
    lordmarcovan, Jan 6, 2021
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  11. -jeffB

    -jeffB Greshams LEO Supporter

    I guess the aluminum clamped to the cent offered galvanic protection while it was in the ground.

    I've seen these "good luck tokens" plenty of times, but never thought of them being good luck for the cent!
     
    -jeffB, Jan 6, 2021
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  12. Diogenes Diaz

    Diogenes Diaz Active Member

    Can it be remove without damaging the coin?
     
    Diogenes Diaz, Jan 6, 2021
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  13. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Good point. I suppose that is what happened.

    Nobody but a fool would try that, since it is worth much more as an encased cent token (say five to ten bucks) than it would be as a plain old, common-date Wheat cent without the encasement (just five cents or so).
     
    lordmarcovan, Jan 6, 2021
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  14. William Bailey

    William Bailey Member

    It looks like this encasing has actually preserved the coin in a more pristine state than would have been the case if it had remained in normal circulation. The details, especially on the top portions of the wheat leafs, is astoundingly clear and in relief. You might get a very good grade if you have it graded just based on it's condition.
     
    William Bailey, Jan 6, 2021
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  15. lordmarcovan

    lordmarcovan 48-year collector Moderator

    I don't think the top-tier grading services (PCGS, NGC) would grade an encased coin, though I could be wrong. (ANACS might, I suppose.)

    It's kind of a moot point, since either way (in the encasement or otherwise), it isn't worth the expense of submitting it for third-party grading.

    The cent itself is AU at best, and thus worth only a few cents by itself, as mentioned. And maybe $5-10 in the encasement. You'd spend $35-50 to have it professionally graded (maybe a little less at ANACS). So if you meant professional grading- nah- it's not worth the expense and hassle.

    But it is still a cool find, and certainly worth more than @mrweaseluv paid for it.
     
    lordmarcovan, Jan 6, 2021
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  16. -jeffB

    -jeffB Greshams LEO Supporter

    Alas, no. Putting a coin into one of those encasements damages its edge; getting it out damages the edge further, and can easily damage one or both faces. A coin removed from an encasement won't ever get a straight grade, because of that damage. And, as @lordmarcovan said while I was typing, they won't grade it while it's still in the encasement.
     
    -jeffB, Jan 6, 2021
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  17. lordmarcovan

    lordmarcovan 48-year collector Moderator

    It seems it is an Ohio token, based on the listing on Page 64 of this PDF (which is confusingly numbered "56" at the top right of the page.)

    Akron, OH, to be specific. Interestingly, there is also a Shulan's listing for Canton, OH, but that one bore the address of 212 Market Avenue in Canton. (I see there is an alternate "Canton Road" address on this one.)

    Shulan's seems to have been a jeweler's firm, and apparently is still around.
     
    lordmarcovan, Jan 6, 2021
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  18. LakeEffect

    LakeEffect Average Circulated

    Nice detective work, m'Lord! I was just about to post the same info, as Akron is in my neck of the woods, and a Google search was in order.

    The S. Main address is now a widened intersection and the Canton Rd location is now a strip mall, but a 1953 ad in the Akron Beacon Journal lists both addresses for Shulan's Jewelers.
     
    LakeEffect, Jan 6, 2021
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  19. raymond fleissner

    raymond fleissner Member

    I have 2 a 1919 & 1936
     
    raymond fleissner, Jan 6, 2021
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  20. Mr.Q

    Mr.Q Well-Known Member

    I have a couple of lucky horse shoe pennies also, there neat. I keep them for our granddaughters collections. Ours are from Ghirardelli Square in San Francisco which we purchased around 50 years ago. Thanks for the memories. Great post.
     
    Mr.Q, Jan 6, 2021
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  21. harley bissell

    harley bissell Well-Known Member

    Most of the cherry red indians tempt non-collectors
    to pop them out. When you do that you end up with
    a heart breaking BENT coin. The OP has a gem here.
    Although it is a maverick it should be attributable from
    the two street addresses. Collectors also like the ones
    that are good for something as opposed to the souvenir
    or merchant advertisements. In grading encased more
    attention is paid to the condition of the encasement than
    to the condition of the coin.
     
    harley bissell, Jan 6, 2021
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