THE HOARD FROM HELL...56D's ... gullible I am.

dakra

We all see those "Wheat Penny Hoard" on ebay or perhaps they came from an estate auction. Now these people buy and sell coins... but in this particular case, they never went through the pennies... they are unsearched. You could find a 1909VDB, a 1955 double die....la la la

It seemed like such a good price, there were gaps I needed to fill, I figured 10 rolls of unsearched wheaties would fill my gaps. I'm smart enough to know when they say "unsearched", they picked through them to find the not so common dates. I know when they say "Estate Auction", it is from their own estate

this is just a small sampling of what I found in the "unsearched wheaties from an estate auction" that was proclaimed on a recent ebay auction:
130-1956D Wheat Pennies
50- 1955D Wheat Pennies
30- 1958D Wheat Pennies
37- 1946D Wheat Pennies
30- 1958D Wheat Pennies
30- 1957D Wheat Pennies

although they advertised "perhaps you will find a 1909....." the earliest date I believe was a 1939 and the rest were 1944-1945-1946-1955-1956-1957-1958 and a 1959 which I was hoping I would turn around and see wheat ears but as luck would hold, it was the Lincoln Memorial.

I know, I should be ashamed of myself. After the first roll contained over 10 1956-D's, and it got progressively worse as I went along, 11 in a roll, 12 in a roll, 15 in a roll... (((NO MORE 1956-D's)))) I screamed...yet I still had 5 rolls left... I think the most 1956-D's I found in a roll was 20. I'M SICK OF 1956-D's....NEVER MENTION THEM AGAIN!

Do you suppose this auctioneer might have fibbed a bit? Perhaps they dumped their motherload of 1956-D and later date lincoln wheaties in a container and just started to place them in penny rolls? Or perhaps I just received the bottom of the barrel part of this Estate Auction.... Perhaps the original owner was a little PSYCHO when it came to 1956-D Pennies?

(Hope you liked the drama)

I did fill a few gaps but not the one between my ears. I have to admit that I did fill a gap or two but figured I might fill more. I guess I'm somewhat disappointed with all the common dates and feel the seller knew what the rolls contained but they would get more bang for their buck by not saying "common dates"

I feel a bit dupped though and don't want to neg the person. Neutral? Email them first? Just give a positive and never go with an "Estate Auction" or "Horde" again?

-Dave

LucyBop

<< <i>I did fill a few gaps but not the one between my ears. >>

Dog97

Sounds like a typical estate sale on eBay. I think if you're not happy with the deal youre supposed to contact the seller and at least give him a chance to resolve things before you slam them with a negative.

gmarguli

You got what you paid for. If they were unsearched, then how would the seller know they were Wheats?

coppercoins

Dakra - All hope is not lost. There are six different nice die varieties for 1956D cents, any one or all of them would be perfectly "findable" in your mini-hoard.

1. 1956D-1MM-001 : RPM, D/D Southwest. Very strong mint mark doubling, one strong enough that any non-collector could tell what it was. These typically sell for $3-$5 in VF-AU grades.

2. 1956D-1OM-001 : OMM, D & S. A rather faint but well defined "S" mint mark betwen the lower 1 and 9 of the date. VF-AU examples sell for between $15 and $40.

3. 1956D-1MM-008 : RPM, D & D South. A rather faint but well defined secondary D is well to the south (not even touching) the primary mint mark. These typically sell for $10-$30 in VF-AU grades.

4. 1956D-1MM-??? Not yet listed but known. Same as above, only the secondary D is weaker and closer to the primary D. Sale prices unknown, but should be comparable to 1956D-1MM-008.

5. 1956D-1OM-002 : D/S East. A really touchy one...listed as an RPM by CONECA, proven otherwise by NCADD. Earlier die states are difficult to detect, but very rare late die state coins show a full "S" touching the D to the east. EDS examples sell for $10-$30 in BU, LDS examples sell for over $100.

6. 1956D-1MM-023 : D & D Northwest. A secondary D shows surrounding the tail of the 9 in the date. Examples in VF-AU sell for between $5 and $25.

Send a PM or an e-mail and I will try to get some images to you if you are interested in seeing them. I have many of these and found them in rolls purchased locally and from eBay for a couple of bucks each. I have sold some examples of these in the price range listed, so yes...they are out there, they can be found with little experience, and they do sell.

dakra

I appreciate it. PM heading your way.

-Dave

coindaughter

See there, Dakra? Feel better? Your old bud coppercoins to the rescue!

This place is great!

dakra

I love it... although I have bought tons of reading material... I need to get a cherry pickers guide. all the 1956-D pennies all looked the same to me and after a while, they were the only ones getting blurry!

-Dave

coppercoins

Cherry Picker's Guide will do you no good for at least half of what I listed. It's a decent book, but misses a lot of good die varieties.

oreville

So it is once again safe to say 1956-D cent?

Good of coppercoins to save us all?

dakra

For now... it is safe to say 1956-D *but* if I go through them again and don't find any varieties, I may go postal

Coppercoins, is there any reading material you recommend?

Ah... I love my wife, she knows I go through her change and bills... she just handed me a bill with the sn 11121211

-Dave

dorkkarl

somewhere there's an old thread about this , & i took up the challenge to buy an "unsearched" hoard. it was ok, what i would call very average for the price.

K S

pontiacinf

best around

I wish I could describe the incredible deal this was...Im litterally buried in teens, 20s 30s...theres 1/3 of each decade for every 2/3's of 40s and 50s...real great mix...every handfule contains (i tested this theory) a span of all years.


I am very happy...you see these guys, buy

coppercoins

<< <i>Coppercoins, is there any reading material you recommend? >>



Not especially if your interest is in getting through this group with maximum return. You might want to see whether you enjoy or care to hunt die varieties before you jump into books about them.

Even at that, there are no books out there that cover enough material to be worth their investment. The Cherrypicker's Guide is okay if all you want is the major stuff, and you don't mind missing 90% of the die varieties. James Wiles' RPM book is acceptable if you care only about Lincoln cent RPMs, forget doubled dies...but the image quality leaves a lot to be spoken for, and it's not a good attribution guide. There are no good books that cover the Lincoln cent doubled die to any extent. Wexler and Flynn, "The Authoritative Reference on Lincoln Cents," covers about 10% of the better known doubled dies, but skips much more than it covers.

All of the books put together that cover die varieties in Lincoln cents will only get you a third of the way there and cost you over $300-$400. That's why I am working on the web site and collaberating with a lot of experienced disgruntled CONECA and NCADD members to get the site finished in a way collectors will enjoy.

leothelyon

Early last year, I went through two mint bags 69-D and 70-D Jefferson nickels. That's 8000 nickels, I too, soon became somewhat dismayed although I know how tough it is to find either date in full steps. But I did a little research and learned that there was a variety for the 69-D, of which there were zilch. But for the 70-D bag, I had much better luck as I was able to assemble 7-8 variety set of machine doubling for the reverse letters of EPU and USA as the doubling shifted from left to right. And here is something to remenber, don't let your coins set out too long and allow the dust to accumulate on them. Very bad move as I'm just finding out. I had used a plastic egg carton to sort the nickels and left it on a shelf for awhile.
Oh well, nothing of value....live and learn.

Leo

Rampage

Only once have I ever bought an "unsearched" bag of wheats and much like Bill's experience, I also have tons of teens, 20s and 30s from the one bag as well as some semi-key dates like the 1910 D, 1911-D and S and so on. Also, I found one 09-VDB. And lots of 43s. Real nice bag that I paid $125.00 for plus $18.00 shipping, two years ago. Richard.

MastaHanky

<< I also have tons of teens, 20s and 30s from the one bag as well as some semi-key dates like the 1910 D, 1911-D and S and so on. >>

That's truly amazing, since there are no 1910-D pennies!

Rampage

<< <i>That's truly amazing, since there are no 1910-D pennies! >>



You are correct , my mistake. I looked through that group again and it was 2 1911-D, not 1910-D.

ksteelheader

I buy unseardhed pennies from my dealer for $29.95 per thousand. They are trully unsearched. I have found a 1914-d, 1931-s, two 1931-d, and numerous others. There are honest dealers out there, but you need to search for them. As for e-bay unsearched, FORGET IT!!!!!

leothelyon

It does take some time to go through 1000, 4000, 10,000 pennys, so it wouldn't surprise me with the finds mentioned here.

Leo