A NEW Wheat Hoard Found...... 2 S VDB's found so far....

IndianHeadMan

Click me for wheat hoard

He says and old lady had a claw foot tub full of wheaties.

Nice

shirohniichan

I wonder how many people were yanking his chain. They may have only found 1950's wheats and told him they found a 1909-S VDB just to piss him off.

lathmach

<< <i>I wonder how many people were yanking his chain. They may have only found 1950's wheats and told him they found a 1909-S VDB just to piss him off. >>



I did that once. Got a bum deal, sent the guy an email telling him how it was a really rare die variety and worth way, way more than I paid. He was mad as hell.

Ray

Russ

I actually bought a pound from this guy several months back.

Russ, NCNE

Petescorner

If you look closely in the bucket in the center on the top row, I'm pretty sure that's a 1955 DD just to the left of the 1943. Anyone else see it?

JeffinMich

Ray....that's hilarious. LOL. Some of these eBayers deserve every bit of grief they get.

stujoe

<< <i> I did that once. Got a bum deal, sent the guy an email telling him how it was a really rare die variety and worth way, way more than I paid. He was mad as hell. Ray >>



LOL! Oh man, I have to remember that!

66Tbird

After going through an ammo case full of cents and needing a dolly to move it. I don't thing the handles on the buckets will do their job.

mr1931S

some wheatie numbers to think about...

From 1909 through 1933 there were some 3967 million wheat cents made and from 1934 through 1958,21875 million...total 25,842 million or about 26 billion business strike wheaties were made...

The ratio of wheaties made 1940-1958 to the wheaties made 1909-1939 is about 4.4 to 1...

i started to think about the likelihood that i would get at least one of the following if i bought 7 lots of 75 coins,3 1/2 pounds,525 total of these unsearched wheaties for about $52 to include shipping...turns out to be about $.10 per wheatie to me:

1.'09-S or '09SVDB
2.'14-D
3.'22-D (to include no D) or '24-D
4.'31-S

If you had every business strike wheatie ever made (26 billion) in a big random pile your chances of pulling one SVDB or '09-S,without the VDB, are about 21 to 1...that is,if you make 525 random selections which is going to cost you $52 to make...For '14-D it's 41 to 1,for '22-D (or no D) and '24-D it's 5 to 1,for '31-S it's 56 to 1...

On the possibility of finding a '14-D:
i could expect to find one '14-D out of the group of all wheaties if i made 41 times times 525 selections or selected 21,525 wheaties at random of the 26 billion total...it would cost me about $2100 to do this...i guess that puppy better be kinda nice to justify spending over $2000 trying to find...

now,the unsearched wheaties in question (650,000 of them) were accumulated during the '50-S...most '14-D's had disappeared from circulation well before the '50-s...probably started disappearing in large numbers starting in the '30-S when the first penny boards were introduced to the public...fill up the wheatie board with all the dates and mintmarks and you could get a few bucks for the filled board...it was worthwhile to do this in the '30's...i will hazard the guess that out of an original mintage of 1.2 million '14-D's perhaps there were only 120,000,at most,circulating '14-D's by the start of the decade of the '50-S...that's 10% of the total mintage of '14-D's...and a good many of them are going to be well-worn after circulating for nearly four decades...the point i'm trying to make is that the odds of finding a '14-D in an accumulation of wheaties that was started in the '50-S is going to be some significant multiple of 41 to 1 (remember,41 to 1 odds for finding a '14-D came from 525 wheaties selected at random out of all wheaties (26 billion))...

Four '14-D's have been found thus far in this hoard of wheaties?...incredible...

here's some feedback going back about a month...

"...too many 45's"
"...most were 1944-1946...best grade EF"
"...a roll and half of 1956-D"
"...11/2 pounds...lots of 1944"
"...most with same dates"
"...most were '40's and '50's"
"...lots of D&S to 1919"
"...found nothing of great value"

about what one could expect...

dorkkarl

man, that old lady is everywhere!

K S

MastaHanky

Hey, every year just before the ANA Money show, they put three 1914-D Lincolns into circulation, and challenge the public to find them.

I guess that really doesn't mean anything here. I don't know why I even brought it up. Never mind.

(I wonder how quickly they find those three cents put into circulation.)

Conder101

Usually they never get found or at least not brought back to the show and reported. On occasion one of them will turn up and be brought in. At one show a 14-D was found and brought in but it wasn't one of the three pieces put into circulation!

mr1931S

of course,i didn't take into account possible local concentration of '14-D's in certain areas,ie.there were probably more '14-D's in the Denver area than anywhere else...and banks in states surrounding Colorado may have gotten a good many of the original full-red '14-D's...in bag and roll quantities...

the local pharmacist where i grew up did find a lustrous au '09SVDB out of roll from a bank in Nebraska in the early '60's...i was so envious i started to turn green when i saw his coin...

if that little old man had started saving his pennies in the '30-S and stopped about 1940 after accumulating 650,000 of them...now we're talking unsearched hoard...if i discovered and bought a hoard like this i'd be nitpickin' those pennies the likes of which no one has ever seen...over two rolls of '14-D's to be found...a few might even be red...

SVDB's...a roll..all unquestionably genuine...the mind boggles...

Russ

mr1874,

You do realize that taking the time to do an indepth analysis of the odds of finding various keys in a cent hoard makes you a coin geek? Of course, I read (and enjoyed) it all.

Russ, NCNE

mr1931S

Russ,

coin mathematician/statistition...i am iam...glad you enjoyed my number crunching...

i confess to being a coin nerd,too...kind of a gnarly one to boot...but geek....never...

Did you find anything of great value in your pound,Russ? Some reported finding a '43 steelie in their 1/2 pound lot...

Russ

<< <i>Did you find anything of great value in your pound,Russ? Some reported finding a '43 steelie in their 1/2 pound lot... >>



No great value. But, strangely enough, I did find a steelie; one with a clipped planchet that I sold for almost what I paid for the pound. So, I got to flash back to my childhood for almost nothing.

Russ, NCNE

mr1931S

that's great,Russ...

i confess to almost ordering seven lots of those wheaties...525 coins...pull the good ones out
and put the rest in circulation...

my luck though i'd end up with ten rolls of '56-D's...