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1960 D lincoln cent small date rolls
privatecoin
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Hello all. Certainly these rolls had been sitting somewhere for years. The tape has yellowed with age. Bought these about a year ago for $1.99 each. Question is do i keep them as they are, or open and search for a small over large date?
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
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well there not original bank rolls. so sure pop them open and search. they didn't come from the bank that way so they might have already been searched
HAPPY COLLECTING
Open and close again
11.5$ Southern Dollars, The little “Big Easy” set
What COINS MAKE CENTS said.
I think you overpaid.........................................
bob
May be a fun afternoon project getting them out of the rolls. Those look like freezer rolls.
.> @AUandAG said:
I remember pulling all kinds of 60-D small date cents from circulation as late as 1967. They are not rare.
Pete
RE: "I remember pulling all kinds of 60-D small date cents from circulation as late as 1967. They are not rare."
True. But in in 1960/61 they were going for huge prices. A fellow inmate at reform school had several rolls and sold them for quite a bit. The rest of us were very jealous.
I think you underpaid, and I definitely think you should open them and search for small over large dates (my avatar). I've never found one in a roll, but I know of others who have. My one and only find in the wild was in an album where it occupied the small date slot.
They peaked in 1964 at about $22 per roll ($175 in today's dollars).
Did you find any 1960 Philly small dates in circulation? I've been searching since the early 1960's and have never found one. Neither has anyone else, as far as I know. The entire mintage of approximately 2 million was evidently captured before they could be released into circulation.
I pulled a roll of 60-D SD's out of circulation in the Chicago area but I never saw a 1960-P SD either.
I'll check them all soon. I didn't think it was that bad of a deal especially when they are all red uncirculated. Only equals out to 3.98 cents each, not a big loss for a radical chance. Thanks for all the opinions.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
That's because you and I live in "Denverland".
Pete
The only 1960 small over large date is a Philadelphia proof. So you won't find any of those is a solid Denver Mint business strike roll.
There is, however, a 1960-D large over small date (with boldly re-punched mint mark). There is also a 1960 [Philadelphia] proof large over small date variety.
I think the typewritten labels are an indicator that they've been put away for some time which is interesting in itself.
I would search them since there's really nothing to lose.
Is this the variety your referencing?
http://www.pcgscoinfacts.com/Coin/Detail/82867
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
The 1960-D is a small over large date, and is recognized as such by all three major grading services. Several that I'm aware of were found in solid Denver small date business strike rolls.
FS-101
Yes, that is correct, my mistake.
The 1960-D small over large date looks at a glance like a LARGE DATE (your avatar, of course).
Yes, on all of the digits the small date is overwhelmed by the large date. The outline of the small date over the large date digits is the main clue as to which size was punched first. It's my favorite Lincoln cent, which is the reason it's my avatar.
Well worth searching those 'rolls' since they are not OBW..... let us know what you find...Cheers, RickO
I agree. I had to purchase a 1960-P SD from an ad in a coin magazine way back when. (I live in an Indiana Suburb of Chicago)
Pete
Ok. Just finished. No overdates, but there were 10 of these. Looks like a cracked die in the 6?
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Probably a die chip, very common in this date.
I assembled a whole roll of die chip 1960-D small dates from a search of eight rolls of that date.
It would be interesting to discover the story behind how all the 1960 small date cents were intercepted before they could reach circulation. I don't think any other 20th century coin shares that distinction. Even the 1950-D nickel saw a substantial quantity released to circulation (I found three).
I did find one, exactly one, since 1960.
And that was recently, within the last 5 or so years
BHNC #203
Search and have fun
Steve
Theory I put forth in a recent COINage article:
Since 1959 was the first year of the Memorial reverse, the two mints overproduced to meet anticipated demand. The supply carried over into 1960, especially in Philadelphia.
Then in 1960, Philadelphia struck a relatively small number of cents with the Small Date before switching that production line over to filling several back orders for foreign coins, some of which were in the same bronze alloy that would otherwise have gone into cents. While this was going on, Denver produced a much larger number of Small Dates before switching over to Large Dates.
A collector quickly noticed the difference and reported it to Numismatic Scrapbook Magazine. Word got out, and speculators ferreted out the 1960-P Small Dates which were still in the pipeline.
TD
@CaptHenway
Do you have any estimates for the number of 1960 Philly small dates struck? I've read a few estimates in the 2 million range for circulation strikes and 100,000 for proofs. If monthly production figures are available for that year, it could be the case that coins struck in January were small dates while coins struck in February or later were large dates.
Philadelphia struck 2,075,000 cents in January of 1960, along with similar quantities of other denominations, and then spent most of January and all of February striking foreign coins. Not sure when in March they resumed striking U.S. coins, but by then the cent dates had changed.
@CaptHenway
Thanks, can you tell me in which issue of COINage magazine your article appeared?
So...just curious...did they come out of the tubes easily? I have a lot of wheaties sorted by date / MM and I cannot get the coins out.
K
There was one brand of tubes that say Mehgrig on the bottoms that shrank with age. Monstrous pain getting the coins out. Other brands OK.
Feb. 2017
Both caps were difficult to open. After the caps, one roll came easy, the other took some tapping to get them all out.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc