I've been finding lots and lots of older cents in circ recently, 60's mostly with the occassional wheatie, I found two wheats, 46d 55s, yesterday at work. Then this morning I got three cents back in change, all uncirculated, they turned out to be an 83d,85d,86d. It seems as if everyone is robbing their change jars around the house, I haven't seen so much older and uncirc coins as I have in the last two weeks. I guess gas is really killin em.
I have noticed it too... I posted a couple weeks ago about finding 5 rolls of nickels with the oldest being 1959 and a couple of 70's era S ones. A few days ago, I went to the bank to get some change for work and when I got back, I noticed that on one end of the roll was a wheatie, so I threw 50 cents into the drawer and put the roll in my bag. When I got home that evening, I openend it up and found that it was nothing but wheats! 40's and 50's in circulated condition. Then yesterday, I went to my bank and was talking to the teller and told her about that and she told me that in the past month, people have been bringing in huge amounts of change and cashing it in. I have also been noticing a lot of older Memorial cents in AU/UNC condition in change recently as well - lots of 60's and early 70's.
It's happening. What doesn't end up in shops etc. is going into circulation. Had an elderly lady stop in a few weeks ago inquiring about silver dimes' value. Gave her prices on what we bought them for. Actually wrote it all down. She doesn't have them as it turns out but her sister in Virginia does. Her sister was going to cash them in at face value to help with bills. Talking a few thousand here. At least the lady that stopped in had the presence of mind to do so. She's going to get them and sell them to us. Hate to see this folks. Her sister may have a few hundred dollars worth whereas she can get a few thousand dollars for them.
Yeah, I bet alot of change hoards are getting spent these days. A trip to the gas station now costs me $125 with a pack of smokes and a soda.
I've recently, in the past 2 weeks or so, found about 1 old nickel, 2 war nickels, and 3 wheat cents at work (from the registers). This is a big boost from before when I'd only normally find the occasional old nickel (maybe once every 2-3 days) I also saw a 1993 20$ in the register the other day as well (it had writing on it, so I didnt take it) but you dont see those everyday! In fact, here's a list of everything I've found in the past 7-8 Weeks at work: Everything in RED is from the last 2 weeks. 1955-D Nickel 1964-D Dime 1934-P Cent 1952-D Nickel 1948-D Nickel 1957-D Nickel 1942-S War Nickel 1943-P War Nickel 1957-P Cent 1951-D Cent 1956-P Cent 1940-P Nickel
My mother in law works at a grocery store here in the islands. A couple of years ago, some lady came in and purchased regular groceries paying for it with a roll of silver quarters. Yup . . . makes U wonder what kind of knowledge is out there with regards to silver and coins!
I have indeed notcied some older coinage. I found a 46-s wheatie from a drive through the other day. I have seen a bunch of late 60's silver, but nothing before 65 yet!
Yeah, things are kind of crazy. A week ago my fiance's mom(who works at rite aid), got paid with a $20 roll of 1943 walking liberty halves(P, D, and S mints)!!! They were all F-VF. I was so excited when I was told about this! She kept 34 of them, and sold several to her co-workers at face. Some people get all the luck. I also found a 1909 vdb cent (no s) in circulation recently, which is the highlight of my circulated finds.
You're right bq. I'm sure the coin came from someone's collection. If it had been in circulation for 100 years, I imagine the coin would have been unrecognizable. The one I found is a sold fine. On a sidenote though, I must say that I have spent some common wheaties and no-date buffalo nickels just for the darn fun of putting them back in to circulation!! :-D
Coin Hoards My dear friend gave up collecting coins for her grandkids because they do not appreciate her efforts. I have sorted through several hundred Lincolns, only three being wheats, and many being copper, the remainder are zinc mems. I kept the coppers separate and let her know the local coin dealer will give her 1 1/2 cent for each coin if she prefers to go to the trouble of driving there. She told me when she took the leftovers to her credit union there was a line to the change machine so she went to the grocery store... where there was also a line. Instead of waiting in line she decided to go back the next day and discovered the machines were out of order. The point of the story is she lives in an area of town that is highly populated by senior citizens like herself who are on fixed incomes. In some cases a stash of coins is seemingly the last bastion of hope for our seniors when they cannot keep up with the economy. I am saddened and alarmed at what is happening to the people who made life possible for all of us. jeankay
I thought I was the only one finding "older" circ's in my change. I have to agree that folks are cashing in thier jars, boxes and can's full of coins. The Coinstar machine at the grocery and the counting machine at the credit union were overloaded al of last week. When we went to clean out my stepmom's place in January there were over 18,000 cents in jars and cans around the place. Cost prohibitive to bring them home from AZ so lot's went into the machine unsearched! I did manage to quickly scan about half and I pulled out the interesting ones as they went into the sorting tray. I hope someone will find a nice, not great, lincoln for their collection.
Some might say that with the difficult financial times many are having to cash in their change hoards. I know that it seems like the coinstar machine in the local grocery store has been busier recently.
Well said JeanKay. I really see my share of seniors cashing in coins these days. I hate it every time honestly - especially when it's stuff like circulated Ikes and Bicentennials. I hand these back as spendable or we buy them at face so they don't have to carry them around. There is really no market for those from a dealers view folks, believe me. We recently dumped $600 worth of BiCentennial quarters at the bank for face value. We do this as a favor basically. My boss is going to be 65 next week as it is. He's been a shop owver for 40 years and I'm sure it bothers him even more. We buy the silver coins, wheats, class rings from the 30s, pocket watches, crap they bought on TV, and the list goes on. We are a business after all and if we don't buy it someone else will and probably at a much lower rate. What got me into the shop in the FIRST place was buying supplies so I could sell to make ends meet. This at the ripe old age of 46! Anyone that thinks the economy is fine right now should spend a few hours in a shop. It's VERY sobering believe me. I'll guarantee the boss spent over $10,000 today on walk ins. Tomorrow he'll be conectrating on moving big lots wholesale so he can buy more. Crazy folks and a seemingly never ending cycle right now.
