First i want to thank everyone who have responded to my other posts on trying to understand minting errors. My next question is finding them. My primary collectible item is cents. why? because when pulled from circluation, they are very cheap. When i look at all the errors, it is hard to imagine where they are found. A Die cap error or off center error for example, how would something that resembles a bottle cap be pulled from general circulation? I would doubt that such an item would ever be found in a cent roll. The mint doesnt sell bags of cents that would possibly contain such errors. Can anyone explain how such errors reach collectors hands?
Hi, Actually, every error or variety coin that I have has come from a roll. This includes Blank Planchets, Off center Strikes, Capped die strikes, Incomplete planchet errors, doubled die varieties and so on. It's just a matter of numbers. The more you look through, the more you find. In fact, even the off center coin I am using as an avatar at this moment was crammed , at an angle , into a roll of cents. There are some errors that are found at counting companies like Brinks. Often they are sold to error dealers and enter the collecting world in that way. Go to the gallery and look at the stuff I posted there. Those are all Doubled Die examples that were found in rolls. Have Fun, Bill
It used to be that the mint and then later the Fed did not send the bags of coins to private companies for rolling. The banks did their own rolling. So if they ordered a bag of cents, nickels, dimes, etc that was exacly what they got. A canvas bag of coins. And if the bag came from the mint anything could be in it. Of course the oversized eror s would still be very rare but that was how they would get out. If you have the equipment to handle them, and you are on REALLY good terms with your bank you MIGHT be able to still get a bag direct from the mint today. But this would be what is called a Ballistic bag which would contain literally a ton of coins. In the case of quarters you are talking $80,000 face value.
oh crud!! or pooh!! Even if i was on good terms with my bank (my mother in law is the bank manager) how would anyone get a 1 ton bag of coins home How did you figure out how many quarters were ina ton? I wonder how many pennies are in that bag??
quarters will be easy to determine....pennies you'd have to know if they are pre or post 1982 www.coinfacts.com for coin specs (weight)
ok so assumign most of the cents will be post 1982, thats 2.5 grams each. 1 ton equals 907184 grams, divide by 2.5 = 362873.6 which for the mathmaticaly challenged.. is $3,628.74 ... hmm thats rich
There was a thread here with an article about a guy that collect $10K worth of pennies on some wierd bet with his brother. So, 2.x tons of pennies later, he had no way to change them in as no banks in his area would take that volume and the nearest place that would was something like 1000+ miles away.
OMG that would be funny Rent a U-Haul truck or somthing and pull into the drivethru... I talked to my Mother in law, she said she could order the ballistic bags, but posed the same question about getting that bag home... even IF i had that kind of money to purchase a bag of pennies
I could be wrong but aren’t coins sold and transferred in metal hopper instead of bags? O’well, we’re kinda screwed when it comes to finding some types of errors. But I still look. Large die cracks, cuds, rotated rev’s, double dies and many others can be had. Now that you chose the mighty penny to search through you can become and expert on variety as well as errors and let the joy come rolling in.
