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Topic: Coins picked from circulation  (Read 82702 times)
Skylark
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« Reply #30 on: January 19, 2013, 09:52:34 pm »

Why would they not give the 1000.

Probably because its still used in criminal transactions.

I collect banknotes depicting Tallships. And to a lesser degree, all watercrafts.
Skylark
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« Reply #31 on: January 19, 2013, 10:09:15 pm »

Woo Hoo, After posting above I decided to look through a few more rolls and found my first
2006 magnetic with no mark.  :)

I collect banknotes depicting Tallships. And to a lesser degree, all watercrafts.
Dean
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« Reply #32 on: January 19, 2013, 10:53:32 pm »

Probably because its still used in criminal transactions.

It's a good thing I have a couple of them set aside...  ^-^
Even if the banks aren't giving them out, one can easily be obtained at a local coin show for a small premium in Gem UNC.  At the Toronto Coin Expo, I saw lots of thousand dollar notes and there didn't seem to be a line up to purchase them.  I'm sure a dealer would accept a reasonable offer.

Dean
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« Reply #33 on: January 19, 2013, 10:55:39 pm »

Woo Hoo, After posting above I decided to look through a few more rolls and found my first
2006 magnetic with no mark.  :)

Congrats on the find Skylark!  Now you're hooked on roll hunting...

JB-2007
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« Reply #34 on: January 20, 2013, 11:25:15 am »

Woo Hoo, After posting above I decided to look through a few more rolls and found my first
2006 magnetic with no mark.  :)
Just out of curiosity, how many rolls of pennies did you search through before you found it?

Just to let you know, you are very lucky. Since 2006 i've looked at over hundreds of 2006 pennies, never have i found one with the P and obviously never seen any of the steel No mint mark. :(
Skylark
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« Reply #35 on: January 20, 2013, 03:05:40 pm »

I haven't kept exact tabs but I have 7 boxes here + maybe 4 I've returned + $30 bucket + the 10 rolls I just got, and maybe 2 x 10 rolls again.
So $320 + $30 I'm probably missing.
I guess I've gone though 35,000 cents :o in close to a year.

I collect banknotes depicting Tallships. And to a lesser degree, all watercrafts.
JB-2007
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« Reply #36 on: January 20, 2013, 03:48:35 pm »

I haven't kept exact tabs but I have 7 boxes here + maybe 4 I've returned + $30 bucket + the 10 rolls I just got, and maybe 2 x 10 rolls again.
So $320 + $30 I'm probably missing.
I guess I've gone though 35,000 cents :o in close to a year.

Wow.. that's a lot of pennies. Well i guess after searching through 35,000 of them, you deserve a lucky break!  8)
Any other good finds??? 1955 No Shoulder Fold, 1985 pointed 5?
Dean
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« Reply #37 on: January 22, 2013, 10:44:27 pm »

Out of $10 in pennies today:

2 x 1962
4 x 1963
3 x 1964
3 x 1965
1 x 1966
1 x 1967
3 x 1968
3 x 1969

1 x 1941

1 x 1953D USA

1 x Barbados 2010

Nothing special from these rolls...They were machine rolled.  Maybe I'll stick to hand rolled coins if I can manage to get them from the bank.  Last batch was MUCH better.

JB-2007
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« Reply #38 on: January 23, 2013, 11:03:37 pm »

Some of the recent key dates that come to mind that can be found in circulation are...
1¢ 1985 pointed 5, 2006 Magnetic, 2006P Magnetic and Non-Magnetic
5¢ 2000P
10¢ None really unless they are dated before 1968.
25¢ 1991, 2001 no P, 2009 Men's hockey painted Raised 2 (looks like the non-painted version)
1$ 2012 original design
2$ 2012 original design


Also add 2007 Cent Zinc (non-magnetic) to the list
Shylo
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« Reply #39 on: January 23, 2013, 11:49:59 pm »

I'm really not much of a coin guy at all.. but I love reading about the updates day to day of what you guys have found....

I have no idea what kind of value these pennies have but I certainly think it's really cool that you get excited enough to post it up here when you find 'em


Keep it up... it totally has "changed" the way i look at change....  :-D (ohh that was bad sorry)
Rupiah
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« Reply #40 on: January 24, 2013, 02:53:03 pm »

it's really cool that you get excited enough to post it up here when you find 'em


I think that the uniqueness about collecting coins and paper money is the excitement it generates. I have some specific interests with respect to coins and banknotes and when I share that with other people they invariably comment on the excitement it generates. This is invaluable.

Surely if you can make money on the way that's great. I saw on e-bay that a $25 VF note sold for $5000 and a $500 note sold for $10000. Assuming the starting point of 1935 this represents a rate of return of about 7.5% annualized on the $25 and about 4% annualized on $500 notes respectively.

Compare that to an average return of around 9% annualized for S&P over a 25 year period.
Other than short term opportunistic motivation for making money and I think collectors have to see beyond the investment potential.

Wonder what paper money would say if it could talk?
alvin5454
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« Reply #41 on: January 24, 2013, 06:16:14 pm »

Can you please elaborate on the 1935 $500 that sold for $10,000?
Rupiah
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« Reply #42 on: January 25, 2013, 12:35:33 am »

Can you please elaborate on the 1935 $500 that sold for $10,000?


search listing number 180982413192 - In the main page it says it sold for 10,000 but on the bid page it says 6000. But using 10000 in my calculations provides a conservative estimate.

Wonder what paper money would say if it could talk?
alvin5454
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« Reply #43 on: January 25, 2013, 03:53:14 am »

Thanks for the reference number. Please note those are printer's proofs, not the issued  note.
JB-2007
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« Reply #44 on: January 25, 2013, 11:39:34 am »

Thanks for the reference number. Please note those are printer's proofs, not the issued  note.
That's exactly what i expected they would be, because a regular issued 1935 $500 there's almost none around. I've ever yet to even see a real example at any Nuphilex show in montreal.
 

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