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<p>[QUOTE="Midas, post: 110201, member: 2761"]I can promise you...</p><p><br /></p><p>MAYBE the seller did not search the lot. BUT, chances are, those pennies were searched over and over and over again by previous cherry pickers. I love those ads:</p><p><br /></p><p>"Found in the _______" (Basement, attic, floor board, banker's vault, garage"</p><p><br /></p><p>"Never searched!" (At least by the seller)</p><p><br /></p><p>"1909-S VDB, 1914-D found!" (Please, don't insult my intelligence)</p><p><br /></p><p>Look at these seller's feedback. Contact some of the most recent suckers that bid on these lots. You probably will hear that they found a ton of wheaties from the 40's and 50's with a worn 1919 thrown in for good measure.</p><p><br /></p><p>Why? Look at the <u>history</u> of collecting...especially Lincolns.</p><p><br /></p><p>Searching through Lincolns started to really take off between 1935 and the end of World War II. Prices for key dates like the 1909S-VDB and 14-D also increased dramatically. <u>The Standard Catalogue of U.S. Coins</u> by Wayte Raymond was introduced in 1934 paving the way for more peole getting interested in the hobby. For years, this was the sole guide for a generation of collectors. Then in 1935, the <u>Numismatic Scraprbook</u> was introduced...and more books and publications were soon introduced into the hobby.</p><p><br /></p><p>The reason why World War II saw an increase in coin collecting was that there were so many restrictions placed on the way Americans could spend their money at that time. With virtually all of the American industries converted to supplying the war effort, there was very few things that people could buy, even though American wages and buying power were much higher than the depression years earlier.</p><p><br /></p><p>Coin collecting quickly became part of entertainment dollars as movie theaters, dance halls and amusement parks all posted record attendance figures during the war years.</p><p><br /></p><p>Then in 1959, the cent changed its reverse and collectors started saving HOARDS of coins. The 1960 small and large date varieties also helped fuel coin collector's interest. Meanwhile, a large number of collectors (including yours truly) remember going through rolls and rolls of cents as well as those cents hoarded by any relative over the age of 40.</p><p><br /></p><p>Why am I telling you this? Well, because 99.99% of these "unsearched lots" have been searched time in and time out. I could remember in 1969 as a nine year old searching though cents when I would find a "S" mint and thinking it was a HUGE deal. I can remember keeping "S" minted cents in rolls separate from the other "common" finds...and that was almost 40 years ago!</p><p><br /></p><p>So that is my take...[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 110201, member: 2761"]I can promise you... MAYBE the seller did not search the lot. BUT, chances are, those pennies were searched over and over and over again by previous cherry pickers. I love those ads: "Found in the _______" (Basement, attic, floor board, banker's vault, garage" "Never searched!" (At least by the seller) "1909-S VDB, 1914-D found!" (Please, don't insult my intelligence) Look at these seller's feedback. Contact some of the most recent suckers that bid on these lots. You probably will hear that they found a ton of wheaties from the 40's and 50's with a worn 1919 thrown in for good measure. Why? Look at the [U]history[/U] of collecting...especially Lincolns. Searching through Lincolns started to really take off between 1935 and the end of World War II. Prices for key dates like the 1909S-VDB and 14-D also increased dramatically. [U]The Standard Catalogue of U.S. Coins[/U] by Wayte Raymond was introduced in 1934 paving the way for more peole getting interested in the hobby. For years, this was the sole guide for a generation of collectors. Then in 1935, the [U]Numismatic Scraprbook[/U] was introduced...and more books and publications were soon introduced into the hobby. The reason why World War II saw an increase in coin collecting was that there were so many restrictions placed on the way Americans could spend their money at that time. With virtually all of the American industries converted to supplying the war effort, there was very few things that people could buy, even though American wages and buying power were much higher than the depression years earlier. Coin collecting quickly became part of entertainment dollars as movie theaters, dance halls and amusement parks all posted record attendance figures during the war years. Then in 1959, the cent changed its reverse and collectors started saving HOARDS of coins. The 1960 small and large date varieties also helped fuel coin collector's interest. Meanwhile, a large number of collectors (including yours truly) remember going through rolls and rolls of cents as well as those cents hoarded by any relative over the age of 40. Why am I telling you this? Well, because 99.99% of these "unsearched lots" have been searched time in and time out. I could remember in 1969 as a nine year old searching though cents when I would find a "S" mint and thinking it was a HUGE deal. I can remember keeping "S" minted cents in rolls separate from the other "common" finds...and that was almost 40 years ago! So that is my take...[/QUOTE]
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