Home U.S. Coin Forum
Options

is a 1907 penny a good find,

1907 penny a good find

Answers

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭
    edited October 1, 2019 12:16PM

    Indian Head cent?

  • PerryHallPerryHall Posts: 46,778 ✭✭✭✭✭

    A coin like that was probably stolen from someone's coin collection. Perhaps it was a kid looking for some spending money in his dad's coin collection.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 291fifth291fifth Posts: 24,654 ✭✭✭✭✭

    Finding any Indian Head cent in circulation is a very unusual event. They were effectively gone from circulation before 1960 (and in most areas of the country were gone well before that). As stated earlier, value will depend on grade.

    All glory is fleeting.
  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    @PerryHall said:
    A coin like that was probably stolen from someone's coin collection. Perhaps it was a kid looking for some spending money in his dad's coin collection.

    Today's children realize that pennies have no value in commerce.

  • jmlanzafjmlanzaf Posts: 36,203 ✭✭✭✭✭

    @PerryHall said:
    A coin like that was probably stolen from someone's coin collection. Perhaps it was a kid looking for some spending money in his dad's coin collection.

    Perhaps someone just dumped an old jar of coins in a coin star. It does not have to be stolen. Jeez

  • lonn47lonn47 Posts: 236 ✭✭✭

    thanks to you all

  • lonn47lonn47 Posts: 236 ✭✭✭

    @Hemispherical said:
    Indian Head cent?

    thanks for the picture

  • Wahoo554Wahoo554 Posts: 1,145 ✭✭✭✭✭

    It surprises me how rare they are in circulation. You would think they would pass under the radar in commerce more often than they do.

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @Wahoo554 said:
    It surprises me how rare they are in circulation. You would think they would pass under the radar in commerce more often than they do.

    Not really surprising how scarce they are.
    They haven't been minted for over a hundred years.
    If they are to show up in circulation, how would they get there?
    Stolen/accidentally spent/Coinstar dump "oops" are really the only way they could show up.
    Just think how scarce wheats are today.

    When I first started collecting in the late 60s, even then, it was virtually unheard of to find one circulating.
    And I looked through lots of change.
    I didn't find one in circulation until a few years ago.
    I don't have any statistics to back this up, but I would be surprised if there was an average of more than one Indian Cent per million cents in circulation.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @lonn47 said:

    @Hemispherical said:
    Indian Head cent?

    thanks for the picture

    That’s great that you found one, was it a circ find?

  • goldengolden Posts: 9,984 ✭✭✭✭✭

    I started collecting in 1961. I don't think that I ever found one and I looked through $50 bags many times.

  • lonn47lonn47 Posts: 236 ✭✭✭

    dont give up golgen. thanks

  • lonn47lonn47 Posts: 236 ✭✭✭

    @mannie gray said:

    @Wahoo554 said:
    It surprises me how rare they are in circulation. You would think they would pass under the radar in commerce more often than they do.

    Not really surprising how scarce they are.
    They haven't been minted for over a hundred years.
    If they are to show up in circulation, how would they get there?
    Stolen/accidentally spent/Coinstar dump "oops" are really the only way they could show up.
    Just think how scarce wheats are today.

    When I first started collecting in the late 60s, even then, it was virtually unheard of to find one circulating.
    And I looked through lots of change.
    I didn't find one in circulation until a few years ago.
    I don't have any statistics to back this up, but I would be surprised if there was an average of more than one Indian Cent per million cents in circulation.

    thank you i never saw one until today.

  • lonn47lonn47 Posts: 236 ✭✭✭

    @Hemispherical said:

    @lonn47 said:

    @Hemispherical said:
    Indian Head cent?

    thanks for the picture

    That’s great that you found one, was it a circ find?

    yes , but nice

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Wow... a circulation find IHC.... When I was a kid with a paper route (late 40's, early 50's) they showed up in change...not every day, but every month or so.... enough so I had a small cache of them at one time. Of course silver dimes, quarters and halves were standard fare as well. (Where is the emoji with the gray beard :D ) Cheers, RickO

  • AercusAercus Posts: 381 ✭✭✭✭

    That's an awesome circulation find! I've found only one since I started looking in the 1980s.

    Aercus Numismatics - Certified coins for sale

  • lonn47lonn47 Posts: 236 ✭✭✭

    @Aercus said:
    That's an awesome circulation find! I've found only one since I started looking in the 1980s.

    @Aercus said:
    That's an awesome circulation find! I've found only one since I started looking in the 1980s.

    thanks you,

  • JBKJBK Posts: 16,336 ✭✭✭✭✭

    I've never found an indian head cent in circulation so yes, it is a great find!

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @lonn47 said:

    @Hemispherical said:

    @lonn47 said:

    @Hemispherical said:
    Indian Head cent?

    thanks for the picture

    That’s great that you found one, was it a circ find?

    yes , but nice

    Awesome find!

  • lonn47lonn47 Posts: 236 ✭✭✭

    @JBK said:
    I've never found an indian head cent in circulation so yes, it is a great find!

    thanks jbk

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file