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O.P.I. (of possible interest)

N

NEsota

Member
Yesterday, in my change at Subway, I received a 1900, Indian-Head Penny, in good condition. A coin collector friend of mine said , “This is kind of like the inverse of getting a traffic ticket.” “Match this.” e-mail is open.
 
I got change at a 7-11 here once...Got a few Mercury head dimes in the change. I asked the cashier if he had any more of 'em in his till...Including the ones he had already given me, I ended up with $5 worth of mercury head dimes. Apparently somebody had turned in a roll of them to the bank & they gave them to the guy for change. Too bad they aren't worth 10 times face value anymore like they used to be, but still, silver coins are worth more than face value, so I made out. Nice to win one once in a while.
 
Take a penny & scratch it, There's alumin (sp) underneath the copper, so the newer pennie's aren't worth a penny. Dave F.
 
Take an older "copper" penny, drop it on the table and listen to the "ring", now do the same thing with a newer, "non copper" penny and listen to the difference in the ring. quite interesting.
 
That is true I read on yahoo that the US treasury dept is making it a crime to melt down pennys for the copper which has 1.13 cents worth of copper in them. Interesting.
 
Got a silver quarter the other day, like being handed an extra $3 in change. By the sound knew it was there before I even looked.
 
Lots old coins are popping up, recently. I was able to get 23 1953 dimes at a store recently, last week I got a 1964 quarter at the 7-11 store, and just yesterday, a friend gave me a silver quarter she got at Starbucks in her change.

There are several theories, as to why old coins started showing up. One is that since times are hard, people are starting to spend old coins. I personally think that a lot of coin collections get stolen, and the stupid crackhead thieves just spend the coins, putting them in circulation. Now and then, old rolls of coins do get pulled out of bank vaults, and get circulated. Some people buy rolls of halves to check for silver, and sometimes get a full roll of pre 65's.. It pays to check your change, since silver coins are worth over 10X face value.
 
Copper pennies (1909-1982) are worth 2.5 cents each... You could make a lot of money melting them down... I think that"s what coinstar does.
 
Younger years I was a pump jockey at a SERVICE station. (remember those?) Have quite a few odd and old coins plus many silver certificates.
 
The new ones weigh less too. Put them on a reloading scale to check and you don't have to look at the dates.
 
(quoted from post at 08:22:26 08/01/08) Take a penny & scratch it, There's alumin (sp) underneath the copper, so the newer pennie's aren't worth a penny. Dave F.
Click to expand...
ot aluminum but zinc with a copper coating. Bad on children that swallow them. David.........
 
I would bet that some kid has got into his parents or grandparent's coin collection and is spending the collector coins for face value. It would have been interesting to see what else was in that cash register drawer!

Many years ago, my brother got into my Mom's 5 gallon bucket of old silver coins over a period of time. By the time she noticed, he had spent about half of what she had saved over the years. He mostly bought candy and pop at the grocery store near his school. To my knowledge, that was the ONLY time my Mom ever whipped my brother. He never did anything like that again, and my Mom had her money hidden a lot better after that.

Once in a great while, I get a wheat penny in change, but I have not seen an Indian head in circulation for many years. I also have not got a real silver dime or quarter for at least 20 years. People save and collect them.

I bet that kid is in trouble when his parent or grandparent figures out what he or she did!
 
Thanks for your responses. A coin dealer friend of mine looked at the Indian and said that he sells them in comparable condition, to another dealer for $1.25 to $1.75. I agree that this coin has been in collectors hand's and was most likely swiped. Anyway the thrill of finding it was worth more than the value of the coin.
 
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