Newbie here , Got a few thousand pennies
gixxer2017
Posts: 6 ✭
HI i am new to this and before i go cash these pennies in i was wondering if i should spend the time to go thru them and see if there is a market for any of them. My grandma rolled 300 rolls of pennies. Many are from the late 70s and early 80s. there are many from he 50s and 60s also. I Have from what it looks like several new pennies from 80-85. I was looking at some sites online and they were saying some are worth a few bucks a piece to more. what pennies should i look for or should i just cash them in. thanks chad
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Comments
Howdy and welcome.
In truth, if you value your time at all then it might be best to simply cash them in and take the money. I would suggest first talking to a local coin dealer to see if they would pay you perhaps two-cents each for your copper cents rather than bringing them to a bank or Coin Star machine to get face value or something less. However, if you have an interest in numismatics (coin collecting) then you may want to go through the pieces. There are some cents that are worth quite a bit, but as you may imagine, these are _rare _and, as such, quite unlikely for you to own.
You will get plenty more advice on this thread. If you are in no hurry to move the coins I would suggest just reading the posts for a while. Good luck.
In honor of the memory of Cpl. Michael E. Thompson
If it were me I would search the lot and keep the Wheat cents, you could probably get 2-3 cents each for them assuming they are common date. Searching for wheats are simple due to the reverse while dates and varieties would take a lot of time.
If she rolled them that long ago there could be a fairly fresh 1972 double die in there. I pulled one out of a jar of coins back in the early 70s.....
Varieties worth searching for:
1970-S small date
1972 doubled die
1983 doubled die
1984 doubled die
1992-D close “AM”
1995 doubled die
1999 wide “AM”
Pacific Northwest Numismatic Association
As was mentioned, they're probably not worth much over face as far as dates and mintmarks go. However, if you become acquainted with varieties you may have something special hiding in plain sight. I used to regularly search rolls, and I found a 1983 doubled die reverse a couple years back that PCGS later graded MS64RD.
Good luck
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
thanks for all the info so far. we were cleaning out the house this past weekend and found several maxwell house containers stuffed full of wrapped pennies. I havent found any newer then an 85 yet. Alot look like they were just made and bundled up. There are several old canadian pennies also from the 40s and 50s. She rolled these coins when i was a kid and im 40 now. I may just get a big table out and sort through them. Its only a few hundred bucks so its not like im gonna buy a car with them , lol. Are the double die coins easy to spot or do you really need to look for it? I read somewhere that there were ones that had lincolns ear stamped twice and that there were many still out there. Thanks for all the help!
what does it mean with the 1972 S small date? ive got a pile of them from 72 so far
if you like looking at coins this will be fun, if not then you will spend a lot of time looking with a very, very slim chance of a return. so, to look means to like looking.
1970-S small date. http://www.thecentproject.com/sort1970.php
thecentproject.com/sort1970.php
The 1972 is a double die obverse, you will see a nice double stamped date.
yeah i see this is gonna take some time, ive been thru a few rolls so far. Kinda of cool to see a penny from 1944 in the first few rolls , coming across alot in the 60s and a few in the late 50s. i need a bigger table.
And many more!
Welcome aboard
Welcome to the forum. Sounds like a fun rainy day project to me.
i found a 1983 d penny thats still has the shine to it but it has splatter marks on the front and some of the letters on the front and back are looks to be worn down and smooth. Its the only odd ball looking one ive really noticed yet?
I would like to suggest purchasing a "Red Book" at your local coin shop or bookstore, it will serve as a wonderful general guide as to how and what to look for, and a decent magnifier (loupe) will be helpful as well,,,,and have fun and learn, coins are cool.
R.I.P Son 1986>2020
Go to the lincoln cent resource website. It has a good bit of information on what you could find while looking through your cents.
"A dog breaks your heart only one time and that is when they pass on". Unknown
Save your eyes and your time. Spend them.
Lance.
i need a bigger table.
How big is your table?
Keep all the pre 1982's as their is more than a penny's worth of copper in them. For the moment it is illegal to melt them but that could change 1 day! Some 82's are also copper.
@gixxer2017 ... Welcome aboard. If you are not a coin collector, this task will seem tedious... you need a Redbook for sure.... and a magnifying glass....You could start by listing the dates with 'potential' value...then sorting those into piles and re-rolling the others.... keep the Memorial cents separate from the Wheaties. Then, when sorted... go back through the 'potential' dates looking for the valued anomaly. Good task for rainy weather.... Good luck, Cheers, RickO
As said above. Get a big table mount loop. Have fun.
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welcome to the forums, there could be a few goodies in there
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Collector, occasional seller
My Grandmother saved cents. My Mother saved cents.
Yup, I inherited thousands of the dang things. 1920's to present. Spent hours & hours & hours sorting and inspecting. Mostly Coinstar feedstock. A few worth a buck or so.
Was it worth it? Only for peace-of-mind... now I don't worry that I gave away a valuable cent.
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