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Why is the 1963-D penny so difficult in high grade?

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  • @cladking said:

    @masterwax2000 said:
    all the remainder of my thousands of pennies went to coinstar .

    Yeah, I sold hundreds of rolls for nominal prices and hauled thousands to the bank. But I was able to save back many dozens of nice Gems and varieties even including a few nice '63-D's. I don't know why collectors think that these coins will all always be there when you can find many of them today in circulation.

    Why do we assume there will never be any demand for a nice attractive '63-d or 1968 penny?

    I even released 20 nice gemmy rolls of '60-D sm dts. I only saved solid Gem (MS-66) and better.

    I started looking at coins a couple of years ago and was shocked that there are still sealed bankrolls unsearched from the 50s or 60s. The problem is finding them truly unsearched. granted I pay 20 bucks a roll and have bought about 40 rolls at that price over time but usually 10 bucks or so is what I pay which to most is crazy. 20 bucks for .50 plus shipping and hopefully some luck.

  • @cladking said:

    @masterwax2000 said:
    after my coin comes back and I share the results I will never post on here again. I don't feel welcome. actually I feel the opposite.

    Don't let it get to you. There's a lot of hazing of the new guy everywhere.

    it's like no matter what i post or say I get a rock thrown my way.

  • jmlanzafjmlanzaf Posts: 37,182 ✭✭✭✭✭

    @masterwax2000 said:
    after my coin comes back and I share the results I will never post on here again. I don't feel welcome. actually I feel the opposite.

    We welcome YOU. We're a little tired of your coin. Never had so much been made of so little for so long.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • jmlanzafjmlanzaf Posts: 37,182 ✭✭✭✭✭

    @masterwax2000 said:

    @cladking said:

    @masterwax2000 said:
    after my coin comes back and I share the results I will never post on here again. I don't feel welcome. actually I feel the opposite.

    Don't let it get to you. There's a lot of hazing of the new guy everywhere.

    it's like no matter what i post or say I get a rock thrown my way.

    You keep posting the same thing. Try discussing Buffalo nickels.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Morgan WhiteMorgan White Posts: 10,404 ✭✭✭✭✭

  • cladkingcladking Posts: 28,817 ✭✭✭✭✭
    edited September 20, 2025 3:01PM

    @masterwax2000 said:
    currently up for auction on Great Collections MS67 1964 Lincoln cent![](https://us.v cdn.net/6027503/uploads/editor/ng/z8z5y9ie4rzt.jpg "")

    Nice coin> @masterwax2000 said:

    @cladking said:

    @masterwax2000 said:
    all the remainder of my thousands of pennies went to coinstar .

    Yeah, I sold hundreds of rolls for nominal prices and hauled thousands to the bank. But I was able to save back many dozens of nice Gems and varieties even including a few nice '63-D's. I don't know why collectors think that these coins will all always be there when you can find many of them today in circulation.

    Why do we assume there will never be any demand for a nice attractive '63-d or 1968 penny?

    I even released 20 nice gemmy rolls of '60-D sm dts. I only saved solid Gem (MS-66) and better.

    I started looking at coins a couple of years ago and was shocked that there are still sealed bankrolls unsearched from the 50s or 60s. The problem is finding them truly unsearched. granted I pay 20 bucks a roll and have bought about 40 rolls at that price over time but usually 10 bucks or so is what I pay which to most is crazy. 20 bucks for .50 plus shipping and hopefully some luck.

    Wow! That is impressive. Some of these are highly picked over by various means such as opening a roll and identifying a bad bag. There are also lots of tarnished rolls. But, you used to be able to buy them as they came and two thirds of the time they were random. I would expect an awful lot of bags to be original and my experience is owners are still highly motivated to sell. Of course it does depend on the date because so many knowledgeable collectors will preferentially search dates that are more likely to produce varieties and Gems.

    What I find astounding is the utter lack of sources for random circulation coins. Oh, sure it's not terribly unusual to find one or two old penny rolls from the '70's that were accidently put into their stash of wheat cents but other denominations tend to be virtually unknown from any source and, apparently, always have been.

    It is also astounding that so many '63-D cents were saved and nearly as astounding that nice examples are hard to find. Even though several million were saved many of these were getting back into circulation even before the date freeze the very next year caused the first of two coin market collapses in '64 and '65. Still hundreds of of bags were released to circulation in the 1970's and a slow trickle continued almost up to 1999 when modern coin checking began. They are not as frequently seen now days but it's the kind of thing a coin dealer will tell you to haul to the bank. A lot of these coins might as well be hauled to the bank. I didn't notice how tough they were in those days because I avoided the date. What did I know. I've only recently seen it.

    tempus fugit extra philosophiam.

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