Almost Uncirculated Pennies

What does BU ++++ and PL++++ mean.
So I should Just put some of my coins up on ebay for auction starting 1 cent and people will bid on it?
What if I only get 1 cent for it?

 

Log in or Sign up to hide this ad.

Then you lose

 

BU means Brilliant Uncirculated and the +++ means more of the same. PL means Proof-like, etc. We know you would not really want to dupe peple on eBay. But if you only get .01 for a cent, that's what it's worth. Do you want to sell them or not?

Spark

 

Not really. Remember, there is only a trace of copper on zincolns and only 1/2 cents worth of recoverable copper on pre-83. So, roughly, he would sell 7.5 cents and get 13 back.

Spark

 

unless he gets 13 zincolns back....

 

The 1968S is a somewhat better Date and a Keeper for sure.

 

My post was to poke fun at people selling and buying coins found in circulation on E-Bay. Almost every day I spend a couple hours or more coin hunting on E-Bay. Coins like what you are asking about are sold by the thousands on E-Bay. These sellers try every trick in the book to sell these type of coins. My post was just the tip of the iceberg of sellers trying to defraud buyers. Go on E-Bay and spend time looking at the offerings for your specific coin(s). You will find exactly what I posted.

 

I'm not sure what you mean by this.

Copper pennies have more than 2c worth of copper in them and all of this is recovered when the coins are used as chill scrap in copper production or to make bronze or brass.

 

You apparently haven't tried to find a nice AU 1966 or '83-D cent in circulation recently. The '66's are worn and the '83-D's are mostly gone now except for highly corroded pieces in XF+ to AU. The attrition rate on cents (especially zinc) is extremely high.

The coin price publishers all maintain the fiction that these coins aren't worth anything to appease the modern bashers and are simply ignoring what's going on on eBay. But many moderns are quite elusive in nice attractive condition above VF. People didn't save them and still aren't.

Yes, in most cases the BU's and the Gems are available cheaply but BU's are often unsightly and some people don't know how to acquire Gems or the process to find them.

Personally, I would advise most of the buyers of circs on the net to instead learn how to find Gems just as I would advise Gem buyers to be careful not to overpay since some of these are almost "common". But there are some pretty good deals in circs if you know what you're doing.

 

And this is where the publishers have long done a disservice to moderns; they don't list the relative scarcity of nice attractive well made issues accurately. Instead they use arbitrary and flexible "standards" with no regard to strike or die condition. They have rare or non-existent Gems listed for a few dollars and common Gems listed at the same price. The markets have to operate without the proper guidance of price guides as exist in most other coin markets.

This is why you're seeing this activity on eBay. Often neither the seller nor the buyer has knowledge of the scarcity of the coins.

So every year that goes by these suppressed markets allow more and more coins to get chewed up in circulation and more and more mint sets to corrode.

 

Naw. Just pretty coins. Real nice s mints marks might get you a few extra cents. Nice 68's thru 74 s mints are good to hang on to. Really nothing there

 

"Chill scrap"? I was unable to locate a definition of the term in any relatable context.

As for the two cent thing, this is open to debate. The coinflation type websites applying grade A prices to the copper content in a US cent is both misleading and does a disservice to those using such sites. Although illegal to melt, instead of listening to claims made online, mine included, anyone wishing to save cents expecting a future windfall would be wise to contact those they would be selling to were the option to become available.

 

Your no help

 

Best of luck to u

 

Yep. They sure are hard to find. I see countless amounts of nice 1983d cents all the time roll searching. Took less the a minute and only a couple dozen coins pulled out of my return bag to find this coin.

 

I don't disagree but there will be buyers when they are legal to melt. Sure the recyclers will want most of the profit for themselves just like they do with all the metals now. But there will be a lot of these being openly melted to make bronze art, castings, etc.

"Chill scrap" is a word used by alloy makers to refer to the material they add to a batch of metal to bring it to spec. They intentionally overheat the metal so that it can be worked as alloy is added. Then to bring it to the proper temperature for casting they add cold metal of a calculated amount and similar alloy. This cold metal is called "chill scrap". It is often used in other phases of alloy making and casting as well.

Artists will be paying a premium for pennies over melt value just to avoid the outrageous premiums charged by wholesalers for small quantities. I suspect this is where most of the pennies are being consumed today. They make zincs to replace them but zinc cents just corrode away as fast as they can be produced.

 

I agree it's a nice coin. But it does appear to have a little corrosion on it.

I don't have much luck finding any of the older zincs in nice condition. I had thought the '83-D was one of the tougher ones but might be confused.

None of the zincs are worn much below AU but finding coins with no corrosion and carbon spotting can be tricky and this especially applies to the earlier dates.

 

What help did you give? I guess I should have told him his coins were worth millions and @Cheech9712 will buy all you have. There is that better?

 

You're.......

 

And I refuse to marry you.........