i have severla pennies that were the D usaly is on the lincoln side is, theres nothing. and on one that i have instead of a D there is an S what does this mean?
Hello, The lack of a "d" means the pennies were minted at Philadelphia, the S means they were minted in San Francisco(though they stopped after 1974) and the D means they were minted in Denver. This should help you out.
In my unexpert opinion: S=San Francisco mint no mint mark=philadelphia mint D=Denver It's where the coins were made.I'm 99% sure as I am kinda of new to coins myself
Actually San francisco Only stopped minting Business strike coins in 1974, they still mint proof coins, that will have an S mint mark. Its unusual but not unheard of to find proof coins in circulation. Rick
one marked S is 1972 the ones with no markings are - 1980 1969 1980 1960 1981 1990 1976 1981 1982 1968 1967 1979 1976 1983 1980 and im contenuing to find more, i have hundreds of pennies left to go through thats it for now
I thought about it but I didn't think I had to mention that they just stopped minting for circulation after 1974 but someone had to bring it up...Lordy Lordy...
All of the coins that you have listed unless in very high grade are common cents,, There is however a known variety for the 1972-S it is called a small date 1972-S the way to tell if the one you have is one of these is to look at the 7 if it is set about even with the loop on the 9 then it is a small date and carries a premium. if the 7 is set below the loop of the 9 it is a common cent. there is also an error associated with the 1972-S cent, it will show significant doubling of the bust of lincoln ( a portion of a second image to the right of the face ) if it does not exhibit this then it is a common cent. Rick
Do what I did and go buy "The official red Book" It's a coin book that gives an explanation of each type of coin and goes year by year of all that kind of coin minted and gives what it's worth. It also tells you which ones are rare and which are not. It's a fun book to have especially if you're new and not very sure.
the small date one thats aproximetly like this right? 7 19 2 obvously not to this extent but the 7 set higher right? or no? yea its a normal 1972 S cent no bossoms on lincoln and no small date, the hunt contenues
ok that didnt work, i was trying to say that the seven is placed slightly higher than the rest of the numbers, right?
I think there's been a small mistake made here, perhaps a typo, as I've never heard of the '72 small/large date cent. There are 1960, 1970 & 1982 large & small date cents. The '70 is the one with the high and low sevens.
With the price of copper on the rise it may be worth one's while to hoard the cents minted in 1982 or earlier...I have a feeling that if the price keeps going up than these cents wont be so common in a few years as a large majority would be taken out of circulation and melted to save costs.
Let's see, by my math (and I've been wrong before) there are about 150 copper cents to the pound. Copper is presently valued at $1.50 a pound. Since pre 1982 cents are 95% copper, that would put an "intrinsic" value of $1.42 on $1.50 worth of copper cents. Getting awfully close.... If/when it does cross that threshold, will there be people trying to make a buck melting copper cents for their metallic content? And will that have an effect on values years down the road?
...I learned the more precise amount when I was into buying those "unsearched" wheat cent auctions on ebay and they all said that there were 144 pennies to a pound and I've been reading the stock pages every day in Economics and a week ago the price of copper was at about $1.42. Now, just about a year ago I believe copper was at about $1.20 a pound so it's going up up and up.
update: in the past half hour i have found another S penny (1974), and more intrestingling i found a 1969 D penny were the D is half the size as other D cents is this anything or just another minting label?
It's not that the price of copper, or any other metal, is going up - it's that the value of the US dollar is going down, down, down. Outside the USA - the price of metals is stable and has been for the past two years.