Finds from 02-27-2012 through 03-04-2012

[GMan00001]

The pickups:

4 - $500 bag of quarters
2 - $500 bag of dimes
1 - $200 bag of nickels
3 - $100 bag of nickels
5 - $50 bag of pennies


The finds:

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$500 Quarter Bag #1
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1 Canadian (2009-RCM)

1 Circus Arcade Token

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$500 Quarter Bag #2
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skunk

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$500 Quarter Bag #3
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3 Canadian (1980 Far Beads, 1994, 2000 Creativity)

2 Foreign (Austria, 5 Schilling (1981), Japan, 10 Yen (2006))

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$500 Quarter Bag #4
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1 Canadian (1969)

3 Foreign (India, 50 Paise (199X), Japan, 10 Yen (2004), Mexico, 2 Pesos (2008))


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$500 Dime Bag #1
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1 Mercury (1929-S)

2 pre-1965 Roosevelt (1954-D, 1963-D)

4 Canadian (1980 Wide 0(2), 1987, 1994)

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$500 Dime Bag #2
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6 pre-1965 Roosevelt (1951-D, 1959-D(2), 1964, 1964-D(2))

3 Canadian (1984, 2009-RCM(2))

2 Foreign (Great Britain, 5 Pence (1992), Phillipines, 10 Sentimos (2006))


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$200 Nickel Bag
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1 - 1944-P War Nickel

53 other pre-1960 Jefferson (1939, 1940(2), 1940-S, 1941, 1941-D, 1941-S Small S(2), 1946, 1946-D(3), 1947(2), 1947-D(2), 1947-S, 1948(2), 1949, 1952, 1953, 1953-D, 1953-S(2), 1954-D(4), 1955-D(2), 1956-D, 1957-D(8), 1958, 1958-D(7), 1959-D(5))

4 Canadian (1983, 1984, 1996 Far 6, 1999)

2 Foreign (Bahamas, 5 Cents (1987), Costa Rica, 1 Colon (1984))

10 Pennies

1 Namco Arcade Token

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$100 Nickel Bag #1
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1 - 1943-P War Nickel

24 other pre-1960 Jefferson (1940(3), 1941(3), 1946(4), 1947, 1952-D, 1953(2), 1953-S, 1954-D, 1955-D, 1958-D(2), 1959, 1959-D(4))

5 Canadian (1985, 2000, 2008-RCM(2), 2009-RCM)

5 Foreign (Great Britain, 1 New Penny (1988, 1999), Great Britain, 20 Pence (2006), Kenya, 50 Cents (1978), New Zealand, 20 Cents (2006))

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$100 Nickel Bag #2
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1 - 1943-D War Nickel

9 other pre-1960 Jefferson (1941, 1942, 1946, 1949-D, 1951-S, 1956-D, 1957, 1958-D(2))

1 Plastic Penny

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$100 Nickel Bag #3
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28 pre-1960 Jefferson (1940(3), 1941(2), 1941-D, 1942, 1946(3), 1947, 1948, 1948-D, 1951-D, 1952, 1953, 1954-D, 1954-S, 1955-D, 1956, 1957-D(3), 1958-D, 1959-D(4))

8 Canadian (1972, 1978, 1985, 1986(2), 1994, 1995, 2011-RCM)

2 Foreign (East Caribbean States, 5 Cents (1955), Sweden, 2 Ore (1969))

1 Plastic Penny


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$50 Penny Bag #1
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18 wheat pennies (1927-D, 1937, 1942-D, 1944-D, 1945-D, 1947-D, 1949-D(2), 1950-D(2), 1951-D, 1951-S, 1952-D, 1953-D, 1953-S, 1955, 1956-D, 1958-D)

24 Canadian (1944, 1962, 1963, 1969(2), 1970, 1973, 1975, 1978, 1981(2), 1982(2), 1985 Blunt 5, 1987, 1989, 1992, 1996, 1997, 1998(2), 1999, 2000, 2005)

2 Foreign (Bahamas, 1 Cent (1995), Great Britain, 6 Pence (1956))

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$50 Penny Bag #2
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15 wheat pennies (1941, 1941-D, 1944, 1947-D, 1950-D, 1950-S, 1951-D, 1953-D(2), 1954-D, 1956, 1956-D, 1958-D(3))

30 Canadian (1964(2), 1967, 1968, 1969, 1970(2), 1971, 1975(2), 1978(2), 1979, 1980(2), 1981, 1982(2), 1984, 1985 Blunt 5, 1988, 1991, 1994, 1997, 1999, 2001(2), 2002, 2006 Copper Plated Zinc, 2010-RCM Copper Plated Zinc)

1 Foreign (China, 1 Jiao (2006))

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$50 Penny Bag #3
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10 wheat pennies (1938, 1940-D, 1951-D, 1952-D, 1953(2), 1953-D, 1954-D, 1955, 1956-D)

24 Canadian (1942, 1962(2), 1969, 1977, 1979(2), 1980, 1984(3), 1986(2), 1987(3), 1990, 1994, 1997, 1998, 2000(2), 2005, 2009-RCM Copper Plated Steel)

1 Foreign (France, 2 Euro Cents (1999))

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$50 Penny Bag #4
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16 wheat pennies (1942-D, 1946-D, 1948-D, 1950-D, 1951-D(2), 1953-D(2), 1954-D, 1956-D(2), 1957-D, 1958-D(4))

27 Canadian (1968, 1970(2), 1972, 1977(3), 1978(2), 1979(3), 1980, 1981(2), 1982, 1983 Near Beads, 1983 Far Beads, 1985 Blunt 5, 1986, 1987, 1988, 1992, 1994, 1996, 1999, 2000)

2 Foreign (China, 1 Jiao (2005), Spain, 2 Euro Cents (2004))

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$50 Penny Bag #5
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15 wheat pennies (1916, 1940, 1944, 1946, 1949-D, 1950-D, 1951-D(2), 1953-D, 1954-S, 1956, 1957-D(3), 1958-D)

28 Canadian (1955 Shoulder Fold Small Denticles, 1961, 1962, 1963, 1969(2), 1973, 1975, 1976, 1977(2), 1978(3), 1980, 1981(2), 1985 Blunt 5, 1986(2), 1987, 1988, 1989, 1991, 1998(2), 2004, 2009-RCM Copper Plated Zinc)

And for good measure
1 - 1963-D Dime plucked from a teller's tray
1 - 1934 Series C $10 bill
1 - 1963 $5 United States Note (Red Seal)

And in the reject slot of a coin machine
1 Canadian 2-dollar (1996)
3 Canadian dimes (1980 Wide 0, 1986, 2001-P Volunteers)


Key finds
* 1929-S Mercury Dime <-- 10th lowest mintage Mercury dime
* 1943-D War Nickel <-- not terribly special, but toughest war nickel
(10 nickels left to complete the set in 2012 - 38S, 39D, 39S, 42D, 42P, 42S, 43S, 44S, 50D, 55)

 

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[DrDetector]

Nice finds, keep it up

 

[jrf30]

Gman,

Why do you pick up the quarters? I see your results. Nothing really to talk about. On the dimes you geta little silver in each box. On the quarters though it seems like the odds of silver are VERY small, and then you hvae to deal with the rejects that actually COST you money. So what's your reasoning behind that?

 

[mountainman 2]

Good post. Congrats on the 29-S! What's the significance of the 1957-D nickel?

 

[BuffaloBoy]

That's a nice batch. I still don't seem to understand what is so special with the 1955p jefferson nickel, I came across 2 of them in my last batch of $200 in nickels. I know the 55d is much more common, but 55p is common for me too

Congrats on the older merc and war nickels

 

[GMan00001]

Gman,

Why do you pick up the quarters? I see your results. Nothing really to talk about. On the dimes you geta little silver in each box. On the quarters though it seems like the odds of silver are VERY small, and then you hvae to deal with the rejects that actually COST you money. So what's your reasoning behind that?

A few reasons:

1) I find that quarter bags tend to be the most accurate from a count standpoint. Yes, there may occasionally be other items like tokens in them, but almost always spot on for overall count. They also seem to be least likely to be miscounted on the dump side. So minimal losses (unless you count non-canadian foreign coins..which sometimes can be a loss)

2) Part of my personal goal is to see how much of a complete collection of US coins can be found in circulation and quarters are part of that goal.

3) Quarters are quick to search.

4) I also collect Canadian coins and although searching US quarters is a very inefficient method of finding a set of Canadian quarters, I am slowly building toward a set of Canadian quarters in the process. And since 1 Canadian quarter is approximately equal to 1 US quarter...Canadian quarters are not a loss.

5) Although my payoff to search quarters woul seem small, the payoff to search pennies is small for me too. For example, I think I have found 4 silver quarters through $15,000 worth this year (if I remember right) or about 1 every $3750. I can handsort loose quarters at about $2000/hr (much faster if I bought boxes rolled with coin condoms). So with this years averages in a little under two hours time, I average 1 silver quarter worth $6 ($5.75 profit at today's silver price). Now compare that with my efforts to pennies. In two hours I can search through about $200 worth of pennies. I typically average about 16 wheat pennies/$50. So, I can reasonably expect 64 wheat pennies/$200. Wheat pennies can be sold for around $0.05 each (more or less), so a profit of $0.04 each. For a total profit of $2.56 for that two hours. Granted, some wheat pennies sell for more, but so do some quarters. The point being, even if I lose a few coins due to foreign coins or tokens, I still typically will be further ahead searching quarters than pennies value wise for the time investment.


Note: If I have to make a choice between quarters and any other denomination (except small dollars) due to the amount of available cash on hand to buy coins, quarters always lose. I skip most quarter bags that I could buy. Probably 75% of them.

 

[GMan00001]

Good post. Congrats on the 29-S! What's the significance of the 1957-D nickel?

If you are referring to the (8) after the 1957-D, I copy and paste my results from my spreadsheet, so whenever I end up with 8 of something it displays as (8). Not worth my time to search and correct.

 

[Canadian hunter]

I noticed, you found 2000 Canadian nickel. Can you check it for P or no P variety?
If it has a small P under the Queen's jewel, then this nickel is worth a lot more than 2000 no P nickel.
Good score on Mercury dime.

 

[GMan00001]

I noticed, you found 2000 Canadian nickel. Can you check it for P or no P variety?
If it has a small P under the Queen's jewel, then this nickel is worth a lot more than 2000 no P nickel.
Good score on Mercury dime.

It doesn't.

 

[SilverForBrains]

Dang quarters are tough. I found a low leaf wisconsin error coin though, $100. But to think about it, in all the quarters I searched to find it, only one silver quarter. Only 15,000 low leaf errors were released into circulation, and during that search they were at a 1:1 with silver quarters. makes you think how few silver quarters are out there to be found