Copper cent hoard

That is pretty kewl.
Looks like a really big safe too.

 

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It's only illegal if you intend to melt it. My guess is that sometime in the future it will no longer be illegal to melt down. That time will most likely be after the cent is discontinued. In my lifetime? Probably not a good investment for me.

 

Whhhhat are the odds of finding a MS67 coin in the bunch?

 

I began hording Lincolns in the very late '50's. In the early to mid '60's I searched them for the tough ones to fill my Whitman album. Found them all. (Yes, later removed them) Didn't know about anomalies. After I returned from the Army I bought all 'wheat' cents that was offered. One purchase included a Radio Flyer wagon full and, in 1974, of 6 White House vinegar gallon jugs from an elderly relative who just got tired of them being in his way. He said he started saving them in the '30's. Anyway, I have what amounts to (by weight) 18+ bags. These were all saved and purchased prior to 1980. I have bought a few bags since but suspect they have been searched. Was going to have something to do when I retired. I've retired. And, as bad luck would have it, I can no longer see up close. I'm training my grand kids to help me. Right now they are sorting by date when they come visit. We have looked at some of the better years and together we have found three '31-S, One '09-S VDB, Two '09-S and One '14-D. Several of lesser rarity. '11-S, '24-D, etc.

So, my advise would be to not wait until your eyes will no longer work with you.

 

Yes, a bad investment from any perspective. Would you take 3X face?

I put some bags of bicentennial halves aside when they were released and ended up selling them after about 30 years for $13.50 a roll. I lost about $3000.00 per bag considering even compound interest on the money.

 

I've noticed the bad eyesight problem now. I have to use a 8x - 10x viewer. If you have a "Magnifying Shop" around you can get all sizes of stuff including the arm lamps with large magnifiers on them. No reason not to go through them for your own enjoyment.

I have this shop near me ==> http://www.ablezone.com/az.asp
If you see anything you like I can go check it out and get back to you.
Some of the stuff though would be cheaper getting one of those small lighted coin microscope and attaching to your computer.

 

Cool story. Thanks for sharing.

 

I buy mint bags of pre-1982 Copper Cents, only to elongate them and make them into beautiful pieces of art (in my eyes...).

I have found some errors in some of the bags, but nothing worth reporting.

I usually go through 5-10 full bags (25,000 to 50,000 Copper Cents) every year, and believe me - they are harder and harder to get now...

So, if anyone has any, even if they're searched, as long as they are BU and shiny, I would love to buy them!!!

And, of course, date and mint mark absolutely mean nothing to me, since they will end up smashed anyways...

 

Thanks for the link. I do have the computer attachment and a few different powered glasses. I'm not quite to the point of disabled, but I'm beginning to feel the urgency to search them while I'm still 'young'.

 

Imagine a coin prophet telling you there was a rare error worth $10,000+ in one of those sacks. What are you waiting for??

 

Here ya go...

 

There's one born every minute...

 

Says the yakpoo, is that anything like yakpoop?

 

Would you pay $2800 for that beat up coin?

...and why do TPGs adjust their grading standards based on POP reports?

 

I don't agree with the comments in the video about why it probably graded MS 68. The gouge in front of the bust should knock it down to 65 or lower. That said, I think it's a DDO; at least after I downed a couple scotch on the rocks.

 

I wouldn't pay that much but that doesn't mean someone else wouldn't, isn't that all a coins worth? What someone is willing to pay?

 

...and why do TPGs adjust their grading standards based on POP reports? Because they're in it for the money.

 

For a beat up 1979 cent? ...pretty much.

 

I don't have anything to base my concern...but I've always wondered if better customers get better grades by TPGs. I don't see anything that would prevent such practices.