pennies

Discussion in 'What's it Worth' started by cp99, Feb 24, 2005.

  1. cp99

    cp99 New Member

    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?
     
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  3. NOS

    NOS Former Coin Hoarder

    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.
     
  4. Snail

    Snail New Member

    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
     
  5. cp99

    cp99 New Member

    i see, thank you.
     
  6. Metalman

    Metalman New Member

    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
     
  7. cp99

    cp99 New Member

    although unusaul not rare nor worth anything, i understand. thanks for your help.
     
  8. Metalman

    Metalman New Member

    cp99

    What are the dates of your coins ?

    Rick
     
  9. cp99

    cp99 New Member

    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
     
  10. NOS

    NOS Former Coin Hoarder

    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...
     
  11. Metalman

    Metalman New Member

    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
     
  12. Snail

    Snail New Member


    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.
     
  13. cp99

    cp99 New Member

    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
     
  14. cp99

    cp99 New Member

    ok that didnt work, i was trying to say that the seven is placed slightly higher than the rest of the numbers, right?
     
  15. GDJMSP

    GDJMSP Numismatist Moderator

    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.
     
  16. NOS

    NOS Former Coin Hoarder

    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.
     
  17. Metalman

    Metalman New Member

    That was my error,,
     
  18. ndgoflo

    ndgoflo Senior Member

    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?
     
  19. NOS

    NOS Former Coin Hoarder

    ...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.
     
  20. cp99

    cp99 New Member

    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?
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    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.
     
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