Results! $20 Penny Search

Results of my first penny search. I picked up 40 rolls from my bank that customers had rolled and went through them. I found:

• 1904 Indian Head Penny
• 1925 Wheat Penny
• 1939 Wheat Penny
• 1942 Wheat Penny
• 1942 - D Wheat Penny
• 1945 Wheat Penny
• 1946 Wheat Penny
• 1946 Wheat Penny
• 1953 Wheat Penny
• 1959 Modern Penny
• 1991 - P Dime
• 5 - 2009 Commemorative Series Modern Era Pennys

Based on these findings...

0.004% Wheat Pennys (8 of 2000)
0.0005% Indian Head Pennys (1 of 2000)

Average 0.2 Wheat Pennys per roll (1 every 5 rolls)
Average 0.025 Indian Head Pennys per roll (1 every 40 rolls)

Let me know what you guys think! Good yield? Bad yield?

 

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That's actually good.

 

I average 10 wheats per box(1 per 5 rolls) so you seem to be right on my average.

Finding and IHC's is good. I doubt you will be able to keep your 1 per 40 roll average though...

Overall not bad.

 

For me it's:
one wheat in every 500 pennies.
War nickel- one in every 5000 nickels. Not sure about the rest. (I somehow found an 1867 shield nickel.)

 

I have a lot more success with wheats not always but for the summer my average was about one per roll, and i didn't have any big finds or anything like just about one to 2 every roll !! My coolest find was a silver three pence in a penny roll but no indians for me in a while !

 

Yes lol that was a fluke! I will continue to post my averages if that is interesting.

 

What year are war nickels

 

And even the wheats are getting harder to find.

 

yeah i seem to do pretty good around here do you save all copper cents ??? because you can sell them for a profit in large amounts !!

 

Quick math check: that's 0.4% wheat cents, 0.05% IHCs.

 

Yes, decimal to percent forgot

 

Sorry, wrong thread.

 

Wars are 42(P&S)-45. You can tell them apart by the large mint mark on the reverse. I've pulled almost 2 full rolls of wars since I started searching just over a year ago. They are only 35% silver but I'll take them any day

 

Congrats on your fine.

 

Good to know. Are they diamagnetic?

 

...Even after reading what diamagnetic is I have no clue how to answer your question...

 

Sorry for unnecesarily fancy terminology, I know some people who search for silver use a magnet and silver coins are not magnetic. Wasn't sure if the war nickels were magnetic.

 

Ok, that's what I thought it meant but of course all the stuff I could find was all scientific...

 

especially in canada now that we dont take pennies

 

War nickels have as you said 35% silver and 56% copper, and 9% manganese. Silver has a diamagnetic value of -2.6 , and copper -1.0 ( the minus means more repelling), however, manganese is paramagnetic ( attracting ), so they basically cancel out and would be diamagnetically about the level of water ( couldn't be observed with the slide theory). So they would not move the magnet if it was made to slide across the coin. Unfortunately, a magnet is also used to detect ferromagnetic material such as steel, and others which may be plated with silver or gold. Thus if you ask someone , did you do the magnet test, they may say yes and it didn't stick/attract it , meaning no iron or non-sliver or gold in it.