FormerTeller
Bronze Member
- Apr 24, 2011
- 1,879
- 1,355
So my biggest dump bank is getting rid of all their coin counters next month - extremely depressing, as I was able to dump $2k - $3k per week easily. Still working on a replacement dump strategy, but figured it's time to throw caution to the winds, so I started buying bags from the branches I don't dump at. So far I've had zero luck with dime and quarter bags, but have found at least 1 war nickel per bag, and cent bags have been average in copper (27%), but above average in wheats (18/bag). I've kind of stocked up on a few nickel bags and several cent bags, to go through when I have time after the coin counters are removed.
Last week, I went in to see what bags were available from my main branch, and they said they had $350 in cent bags! I figured surely this had to reflect a massive zinc dump, but as I had already agreed to buy a cent bag I took it anyway. Last night I started going through it, and to my surprise again it contained about the same ratio of copper. I got about 20% through the bag last night, finding only 1 wheat, then just before quitting for the night, I found this:
My first Indian head cent in 4.5 years!
And only the 5th one I've ever found!
The 1893 is in Good condition at best, and has what appears to be a major scratch on the reverse; I thought it might be a die crack, as it appeared to go under the letters, but I think it was scratched early, and was worn off the high points later. Still, not going to complain about a 124 year old coin!
Now I'm thinking I've got to go back and hope they haven't shipped all the bags out. I may have to dip into my bankroll to get all the bags I can before they're unavailable.
I still can't believe this made it through the coin counter. I've found many early wheats in the reject bins; to think an Indian made it is beyond belief. And I've still got most of the bag to go through. Crossing my fingers!
Happy Hunting!
FT
Last week, I went in to see what bags were available from my main branch, and they said they had $350 in cent bags! I figured surely this had to reflect a massive zinc dump, but as I had already agreed to buy a cent bag I took it anyway. Last night I started going through it, and to my surprise again it contained about the same ratio of copper. I got about 20% through the bag last night, finding only 1 wheat, then just before quitting for the night, I found this:
My first Indian head cent in 4.5 years!
And only the 5th one I've ever found! The 1893 is in Good condition at best, and has what appears to be a major scratch on the reverse; I thought it might be a die crack, as it appeared to go under the letters, but I think it was scratched early, and was worn off the high points later. Still, not going to complain about a 124 year old coin!
Now I'm thinking I've got to go back and hope they haven't shipped all the bags out. I may have to dip into my bankroll to get all the bags I can before they're unavailable.
I still can't believe this made it through the coin counter. I've found many early wheats in the reject bins; to think an Indian made it is beyond belief. And I've still got most of the bag to go through. Crossing my fingers!
Happy Hunting!
FT
Upvote
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Good find though 
