Coin Collector Expert Advice Please

LamiPub · #1 01/03/09, 09:40 PM

Years ago an elderly neighbor used to give our children coin collecting booklets and a coffee can of wheat pennies. Ever so often I would update with the new coins but this gift of his got me started on saving all our change. Unfortunately, I am a huge procrastinator with this sort of stuff and I am also ignorant in this area. One of my new year's resolution was to go through all my unfinished stuff. I don't have a lot of time to research every coin but I was wondering if someone could tell me at least which dates to save of each coin. I have all these pennies, nickels, dimes, quarters, half dollars, Susan B Anthonies, etc and I know most are worth nothing other than there regular value. Is there a quick rundown of key dates to look for on these coins so I can go through the stack and atleast roll up the non valuable ones? I probably have over a hundred dollars in change and could use the money on other things.

Anyway I would appreciate is someone could just give me some key years in each coin that I could set aside until I have more time to look more closely. Thanks.

btw Not sure where to post this and cross posting in GC, hope that is ok.

Forerunner · #2 01/03/09, 10:30 PM

I don't know how relevant this may be to the specifics of the original post, but I just saw a change machine in a large chain grocery store tonight for the first time ever that will give you CASH in exchange for your common US coin.
This tells me that they are beginning to quietly remove coin from circulation.
If they want it back, there must be a reason. Hold on to your coin, all ages and metals.....
As for key dates-- dimes, quarters and halves 1964 and previous are 90 percent silver. !965-1969 halves are 40 percent silver. 1982 and previous pennies are copper. After that are zinc.
Rome took the precious metals out of the coin as they fell, too.

Sgt.Sausage · #3 01/03/09, 11:34 PM

==> I just saw a change machine in a large chain grocery store tonight for the first time ever that will give you CASH in exchange for your common US coin.

Nothing new. They've been 'round here since about 1996/97 in most of the bigger grocery stores.

==> This tells me that they are beginning to quietly remove coin from circulation.

uuhhhh ... no.

==> If they want it back, there must be a reason.

Here's your reason, and it ain't conspiracy laden with "they" wanting to remove coinage from circulation. It boils down to one simple word: PROFIT.

'Round here, for they take 9%. Put in a hundred bucks in change. Get back $91 bucks in bills. It really is that simple. Easy money for 'em -- and folks are dumb enough to keep feeding it to 'em.

naturelover · #4 01/04/09, 12:20 AM

Sorry I can't answer your question but I did want to address the comment by Forerunner.

Quote:

I don't know how relevant this may be to the specifics of the original post, but I just saw a change machine in a large chain grocery store tonight for the first time ever that will give you CASH in exchange for your common US coin.
This tells me that they are beginning to quietly remove coin from circulation.
If they want it back, there must be a reason.

Forerunner, those machines have been around for the past 20 years or so and can be found in lots of places. I've been using them for years, I take my excess change coins in to them about every 6 months. They aren't there to remove coins from circulation - those coins go right back into circulation again. It's just there as a convenience for people who don't have the time or effort to sort and roll up coins themselves to turn in to banks in exchange for paper money. There's usually a 10% service charge for the use of the machine, that service charge automatically gets deducted from the amount tendered. Worth it to me for the amount of time it saves me.

Danaus29 · #5 01/04/09, 12:49 AM

Susan B, 1999 any mint.
Pennies, the steel cents are worth more than most old pennies. I think the year was 1941.
Clad coins, dimes, quarters, etc, pre-1961 when they still had some silver content.
There was a year when nickles contained some silver, during WWII, but I'm not sure which year.

Sumer · #6 01/04/09, 01:46 AM

http://www.coinfacts.com/

**Shrek** · #7 01/04/09, 02:51 AM

Quote:

Originally Posted by LamiPub

Years ago an elderly neighbor used to give our children coin collecting booklets and a coffee can of wheat pennies. Ever so often I would update with the new coins but this gift of his got me started on saving all our change. Unfortunately, I am a huge procrastinator with this sort of stuff and I am also ignorant in this area. One of my new year's resolution was to go through all my unfinished stuff. I don't have a lot of time to research every coin but I was wondering if someone could tell me at least which dates to save of each coin. I have all these pennies, nickels, dimes, quarters, half dollars, Susan B Anthonies, etc and I know most are worth nothing other than there regular value. Is there a quick rundown of key dates to look for on these coins so I can go through the stack and atleast roll up the non valuable ones? I probably have over a hundred dollars in change and could use the money on other things.

Anyway I would appreciate is someone could just give me some key years in each coin that I could set aside until I have more time to look more closely. Thanks.

btw Not sure where to post this and cross posting in GC, hope that is ok.

These sites may be of help, but of course, only you know the condition of your coins.

http://coins.about.com/od/coinvalues..._are_Worth.htm

Forerunner · #8 01/04/09, 03:57 AM

Hmmm. Shows how often I get to town.

I honestly had never seen a change machine.....didn't pay any attention to the math involved in the transaction, either.
I did watch in the late nineties as "they" removed the old style bills from circulation..... for reasons that we the denied public might ought to have looked into.

http://presys.com/~ekklesia/movma.htm

Forgive my typical skepticism..... in this case anyway, maybe.

Grandmotherbear · #9 01/04/09, 03:24 PM

Any Lincoln penny dated 1909 with initials VDB is valuable. From the San FRANCISCO Mint, you just hit the jackpot.
That's about all I know.

Danaus29 · #10 01/08/09, 01:57 PM

Check your dates and faces of the coins, pennies with S mint marks are worth a bit more than other pennies, a few are worth a few dollars. Double stamped coins or coins stamped on the wrong blanks are sometimes quite valuable.

I've got a quarter that needs to be appraised, it's all copper.

Wolf mom · #11 01/08/09, 05:15 PM

go to:

www.pcgs.com

best site ever on coins. If you don't have time, let your children do it. For sure they have time & just maybe they'll become interested enough to become collectors.

blufford · #12 01/08/09, 05:31 PM

Quote:

Originally Posted by Danaus29

Susan B, 1999 any mint.
Pennies, the steel cents are worth more than most old pennies. I think the year was 1941.
Clad coins, dimes, quarters, etc, pre-1961 when they still had some silver content.
There was a year when nickles contained some silver, during WWII, but I'm not sure which year.

Dimes and Halves and quaters were silver 1964 and before. Here is a link for silver and gold content.
http://www.mountainviewcoins.com/gol...t-us-coins.php

Wartime nickles had 35% silver in them.
http://www.bellaonline.com/articles/art25139.asp

Steel Pennies were minted in 1943.
http://coins.about.com/od/uscoins/f/silver_pennyFAQ.htm

Here are the penneys you might want to hold back. I personally would keep all the wheat backs.
http://coins.thefuntimesguide.com/20...re_pennies.php

Here is what a wheat back looks like.
http://images.google.com/imgres?imgu...%3Den%26sa%3DN

I would hold back all my dimes and quaters minted before 1964. I hope you are lucky and find some Liberty Head (Mecury) dimes and Buffalo nickles.
http://images.google.com/imgres?imgu...%3Den%26sa%3DN

Danaus29 · #13 01/08/09, 09:39 PM

I posted that without checking the actual dates. Thanks for the corrections.

One time we got a roll of quarters from the bank for the kids for their lunch money. When I dumped them out they sounded not quarter like. Looked closer and over $6 worth of the quarters were silver. Had to go back to the bank for another roll.

blufford · #14 01/09/09, 05:41 AM

Quote:

Originally Posted by Danaus29

I posted that without checking the actual dates. Thanks for the corrections.

One time we got a roll of quarters from the bank for the kids for their lunch money. When I dumped them out they sounded not quarter like. Looked closer and over $6 worth of the quarters were silver. Had to go back to the bank for another roll.

Let us know what your copper quarter appraises for. Is it lighter than a standard quarter?

Danaus29 · #15 01/09/09, 07:08 PM

No, not lighter or smaller than a regular quarter. It's a Delaware and there was a batch of them that were struck on copper instead of the clad blanks. I've had it for a few years and would have to locate it. But it really should be appraised, might be worth a hundred or so.