4 Halves boxes stamped 7/25/12 + Orange Silver

Bunky211

Jr. Member
May 20, 2012
80
10
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Produced 11 40%ers and 5 64's.

First box had 9, sweet! 2 90%ers and 7 40%ers

Second box skunk

Third box 1 90%er and 3 40%ers

Fourth box 2 90%ers and 1 40%er


Strange considering they were packaged on Wednesday and broken the follwing Tuesday, 6 days later.

Also found an orange-painted 67'. Timzim is this your handy work?? Ya missed one.

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Out the door to pickup 5 more boxes then go to work, will break them tonight!
 

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BuffaloBoy

Gold Member
Feb 16, 2011
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nice finds!! I doubt it is timzim's dump, most of tim's dumps are sprayed pretty good with orange
hhbuff
 

SilverJack

Full Member
Sep 16, 2011
121
13
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Last week in a CWR I found a red 40%er painted similarly. My guess is that it was used as part of a metal detecting contest. I think I read somewhere that painted coins were used like that in the past. I have no idea if that is true or not. Maybe someone here will chime in if they know.

But it was silver so I was happy.
 

BuffaloBoy

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Feb 16, 2011
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i got a red painted 40% long before tim started painting his coins
 

MrSchulz

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Mar 29, 2012
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DeWitt, Iowa
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My second 40% I got was painted black all over, doubt it is someones dump, but could be someone not knowing of a 40%?
 

namster

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Nov 20, 2011
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Sulphur, NV
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My second 40% I got was painted black all over, doubt it is someones dump, but could be someone not knowing of a 40%?

In the old days they threw back the 40%ers, since they were still either worth barely face or below.
 

Diver_Down

Silver Member
Dec 13, 2008
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St. Augustine, FL
In the old days they threw back the 40%ers, since they were still either worth barely face or below.

Less than face? I know what you meant, and I remember those days. You couldn't afford to keep the 40%'ers as you couldn't find a buyer and you would have your entire bankroll tied up with 40%'ers. Your money was best applied to finding more 90%'ers. But let's be clear, they were always worth face.
 

namster

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Nov 20, 2011
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Sulphur, NV
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Less than face? I know what you meant, and I remember those days. You couldn't afford to keep the 40%'ers as you couldn't find a buyer and you would have your entire bankroll tied up with 40%'ers. Your money was best applied to finding more 90%'ers. But let's be clear, they were always worth face.

Right, the coin was always worth face. I was speaking to the intrinsic value. Looking back I see how what I wrote was unclear.
 

sagittarius98

Gold Member
Jan 16, 2012
5,932
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Maryland
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Yup. Talked to an old timer a few months back. Said he would get bags of halves back in the day, canvas bags. They would go through and pick out the 90% and throw back the rest.

Did they spray paint the rejects? That is what I was asking.
 

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