I used to have a couple of 43 D steel pennies.
Coins, Metal Detecting, and Treasure in General
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Mar 11, 2014
0
#23
The 1943 D pennies were made during World War 11! Most of these coins rusted. Do you have one in a good to mint condition?
I'm not sure exactly when; however, I found it no more than 10 years ago. Anything I had before then is long gone.
clms_chess wrote:
That Indian Head cent is a cool find in change. How many years ago did you find it? Hard to do that now days.
Mar 11, 2014
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#25
I have 6 43 Steel Cents in MS condition from 2 from each branch mint. These were mass produced and wildly collected and hoarded with the result being you can obtain an MS condition 43' Lincoln for very low cost. Mint state 43s are beautiful coins .... in uncirculated condition but even in AU look bad. There were a number of copper 43s and steel 44s struck which are worth $$.
When I started coin roll hunting someone told me that you could expect to find one Indian Head Cent per about $650 to $1,000 of cents searched. My Mom has found three of them in rolls. I actually found one about a year ago in a gas station parking lot. Funny that station is right next to a coin shop.
Anyway as you can see it's in rough shape.
Mar 11, 2014
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#27
Nice find MzJ. Its actually not too bad. I've found Lincoln cents from Wheat Back rolls that were slugs...you could barely make out the design.
zapped wrote:
Hope you find one some day. Now, that would indeed be a great find and a treasure! Again, you might find those treasured knees! Who knows?
Yes and to add to this, they also must have dimples!
Here's a pic of some of the $10 million in gold coins found by a couple in California. This was mentioned earlier in this thread. Makes the 8 clad coins I found today in parking lots seem pathetic.
Do you have any info on how old those gold coins are?
Mid-late 1800's. Just came across a story that they may have been stolen from the SF mint.
http://abcnews.go.com/US/10m-calif-gold-coin-hoard-found-yard-stolen/story?id=22764360
Mar 12, 2014
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#32
Those are 20 dollar Eagles... Known as Double Eagles. They are not jus valuable because they are gold but also have tremendous numismatic value (value above the worth of the metal) as most were in mint state condition and key dates (dates in which there were lower amounts produced thus more rare).
In SF they can probably afford a whole month's mortgage payment with that haul!
And they must hold some historic value as well.
Given the practice of melting down and repurposing gold, coupled with the low mintage of the coins being discussed, I imagine this find has also caused an adjustment to the estimate of surviving examples of those particular issues. Considering the purported condition of the coins in this find, has it caused significant downward pressure on the prices of other examples in the secondary market?
Mar 12, 2014
0
#37
I would imagine it will. How much depends on how many examples of key date populations are increased. In the upper MS conditions (e.g. 65-68) the populations have to be fairly low so any additional example would cause a market adjustment. That's my two cents :)
Can you imagine how much gold, coins, and loot are sitting in the bottom of the ocean?
The coins, designated the Saddle Ridge Hoard, were graded by PCGS. So the numbers of which dates/mint marks are known. Here's a link to the PCGS site for one of the coins. http://www.pcgscoinfacts.com/Coin/Detail/108978?redir=t
Spinner ring I found in a baseball field a couple of years ago.