100+ Years and Still in Circulation ...

That was until today. Found this 1913 Cent in yesterdays change. Nothing earth-shattering, but still amazes me that a coin of this age can still be found in circulation with such clearly defined lettering.

 

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It sure is amazing. Wait until you find your first Indian Head Cent. I kid you not. How in the heck did this 1865 get into this bank-wrapped roll of modern circulating cents? First it's going to take your breath away. Then you're going to find yourself sort of sitting there stunned. Then you're going to be talking to yourself. If you're like me, anyway...

 

I would be THRILLED to find an Indian Head Cent in circulation! May be time to pick up a few rolls from the bank

 

Found a 1911 not too long ago... the fact that the obverse has been the same for 116 years helps those old Lincolns blend in. Kind of like how it's pretty common to find 1938, 39, 40 Jefferson nickels, but Buffalos are exceedingly rare.

 

Excellent point about the obverse not having changed.

I received this Buffalo about 6-months ago, from a local bagel store. Exceptionally worn, but still an exciting find.

 

here is my theory on how it got there. and I have sorted tested its accuracy. when I roll search I look at certain quarters for certain errors associated with it. some are known for cuds, ddr's, die clash etc. after searching them I would put a black check mark on the back before dumping them so if the bank tried giving me a bag if I saw the check marks I just dumped it somewhere else because I knew they were searched. couple months later I got a sealed box with 16 of those quarters wrapped within. so very simply my theory is that it found its way into a coin machine either stolen and cashed in or taken by someones kid just seeing it as a penny and spent it...made its way in a bag to the mint and re-wrapped. I actually opened a box of nickels that had 3 V nickels, 7 wartime, and 12 buffalo.

 

That's one heck of a roll of nickels! Lucky you!!

 

Actually the bags almost never go back to the mint. The coins most of the time stay within the local economy. The armored car service or the banks central vault takes the loose coins and re rolls them. When the Fed ships newly minted coins to the armored car service or central vault then the new coins are distributed until they run out. That's when the re rolled coins start showing back up at the banks. The trick to coin roll hunting is finding out which banks use which service. You pick up from one bank that uses service A and dump at a completely different bank that uses service B. That's how you try to avoid getting your searched coins back.

A few years back I had developed a pretty good strategy. I ordered from Bank of America and dumped at US Bank. Both of those banks had lots of local branches. All of my halves would come machine rolled. I would dump them loose at US Bank because they had a coin counting machine. I had a standing order of 2 boxes of halves from 4 different banks. I would pick up the first 2 boxes, search them. I would then dump those at US Bank where I would ask for the first bag of half dollars from the coin counting machine. I would then cash out the second bag. The first bag I would take out to the car and search. The search could be really quick or take up to 15 minutes depending on how full the bag was prior to me dumping. I would then take that searched bag back to the same US Bank and cash it out. Take the $1000.00 after I replaced any from the coins I kept, go on to the next Bank of America. I did this for months and months. I was able to nearly exhaust the half dollar supply from the Bank of America Supplier. At the same time, I was able to search the half dollars from US Bank and get any silver that entered their system through the coin counters.

My brother and I ganged up and did this and between the two of us, we snatched up nearly all of the silver half dollars that had been sitting in boxes on pallets just waiting to be distributed. Between the 2 of us we both amassed several hundred ounces of silver at face value. But it ended due to Bank of America switching services. A service that I might add, was known to be culling silver.

Sorry to have hijacked the thread, but it kind of explains how you can get any old coins from rolls. A customer simply brings it to the bank loose or rolled and it enters the system and stays, until someone notices it and keeps it for them selves.

 

Yeah, that's some box of nickels! Bryan, I know sometimes people just redeem collections when they inherit, end up with them, whatever. I imagine there's a certain amount of that going on, too. BTW, after they're redeemed, they go to the banks' cash reserves, where they're audited, the banks are credited, and they're boxed and waiting for us.

 

oh no that was in the whole box. I wouldn't know what to do with myself if I opened one roll and it had all that. I would think it to be candid camera gag. here are 2 of the V nickels

 

very cool old Lincoln. Love the wear and look of the coin. It was a workhorse in its century of service. One cant help but wonder where its been.

good find and a coin with a lot of soul.

 

I have found a 1911 and 1919 Lincoln Cent's, both ironically at Starbucks

 

Very well said!

 

We are creating a generation of mouth breathing screen-watching idiots who surely aren't looking at this group's posts!Our gain/their losses.

 

Very nice find!
Its little gems like this that keep me in the hunt!

 

When I was a kid collecting "pennys" around 1955 (I know that is before most of you were born) I was showing a friend of the family one of my Indian Cents. He looked at it disdainfully and commented that he saw those in change "all the time". I offered him $0.10 for each one he could save for me. Months later he was amazed that he hadn't found a single one. I have never found one in change.

 

Kentucky, I can't even begin to describe the feeling. It's like, "Well, hello! What are you doing here?"

 

It's always nice to connect with others who get the same charge out of this that I do

 

It is odd how one box will give up some nice coins and other boxes are dull without much in them. Todays box of pennies gave up a 1905 IHC and three wheat cents, two 42's and a 40, all f/vf. Also had a 46 KG VI Canadian. Otherwise really dull box.

 

JTLee,
Thats a very efficient system you had there. Need any help refining it?