1940 penny

Funny, I dug up a 1953 penny the other day. I just wonder why we don't use dollar coins very widely in this country, they certainly last longer.

sorry, didn't mean to hijack your thread.
 
silenthunterstudios said:
While rooting around in my pocket for change, I found a penny from 1940. Are these worth anything?

I have it on good authority that a 1940 penny is worth 1 cent. :p
 
Some people collect modern coins, but only if mint condition. A wheat penny might get you something, or one of those wartime zinc coins.

But an ordinary penny from 1940... I'd also say it's worth 1-cent.

Interestingly, a cashier gave me a wierd coin the other day with my change. some sort of "new" nickel. The portrait was different and the other side had an outdoor scene with a pine tree and ocean. Don't understand what was so flawed with the old nickels that a change was necessary...

-Bob
 
silenthunterstudios said:
While rooting around in my pocket for change, I found a penny from 1940. Are these worth anything?



Could be worth more than face value depending on rariry [see mint mark ] and condition.



Christmas,Easter & Mothers Day bring out collectible coins. When cash gets scarce people manage to throw good [silver ] coins back in circulation. Being a collector for 60 + years,I have learned to carefully examine any change we recieve during these times.

About 40 years ago my son gave me an uncirculated Barber dime. When I asked him where it came from he said the Sunday School collection plate. I asked if he put a dime back for it. "No ,pop,I didn't put back a dime." I started to take issue with his ethics but he quickly said , " I put back 2 nickels ".

Chip off the old block [head ]

Uncle Alan
 
I found a strange looking penny in my change one day. I took a closer look and found it to be a Flying Eagle Cent from around 1856 (worth around $10). I figured somebody had been into dad's coin collection.:D

Tom
 
Once I bought a 1 peso (Mexican) coin of my year of birth (1952), I paid a few dollars for it, it has some silver in it. I also have a bunch of old Mexican copper coins, they buy these by weight and don't pay much, some particularly rares ones are worth quit a bit but of course you don't normally find those, common coins, even old ones, aren't worth much.

Luis
 
Generic date "wheaties" as they're affectionately called are worth about $.02 each when you sell a bunch to a dealer.



T Schloz said:
I found a strange looking penny in my change one day. I took a closer look and found it to be a Flying Eagle Cent from around 1856 (worth around $10). I figured somebody had been into dad's coin collection.:D

If it is really from 1856 and not counterfeit or altered (2 big "ifs"), then it's worth at least a few grand even in pretty beat up condition. :eek: :thumbup:

If the date is 1857, then it may indeed be worth around $10 in pretty worn condition.
 
If it is really from 1856 and not counterfeit or altered (2 big "ifs"), then it's worth at least a few grand even in pretty beat up condition. :eek: :thumbup:

If the date is 1857, then it may indeed be worth around $10 in pretty worn condition.[/QUOTE]


I had to go check. It is from 1858. I hadn't seen it for awhile and was just guessing at the approximate date.

Tom
 
T Schloz said:
I had to go check. It is from 1858. I hadn't seen it for awhile and was just guessing at the approximate date.

1858 is worth about the same as the 1857. I'd expect something around $10 for something like Good-4 condition or some damage. I have an older Greysheet (coin dealer newsletter), the dealer wholesale price is $15.


The only decent coins I've found were from banks. I haven't done it for a while, but I used to go around asking for half dollars. People turn them in, not knowing that the 1970s and earlier contain at least some silver. Silver coins have long since disappeared from circulation, but halves don't circulate much so they can still be found at times. Some tellers are aware of this and search themselves.

I ended up getting 3 90% silver Franklin halves in one roll once. It made my day. Another time I received several 1964 90% Kennedys. I've also received a number of 40% Kennedys.
 
stjames said:
Funny, I dug up a 1953 penny the other day. I just wonder why we don't use dollar coins very widely in this country, they certainly last longer.

sorry, didn't mean to hijack your thread.

That is the year of my birth. At the last place I lived, I had a waterwheel where people threw money on and made a wish. When I cleared it out before I left we had over 2000 pounds in change. I found a South African silver shilling from 1953.
 
I'm no coin collector but...

One of the interesting things about my job is I handle upwards of $20,000 of cash or more every day, so some interesting things pop up from time to time.

At the end of the night when I'm bundling up money and rolling change, I'll look through it all to see what's there. Older $2 bills, silver half dollars, silver dollars, wheat pennies and other oddities usually get loaned out to my register where I'll pick them up with my debit card or whatever cash I have in my pocket. I'll usually swipe any foregin coinage I find. Unless it's a Canadian penny (since, even though on paper they're worth less, they're the same size and composition of American pennies, and therefore are worth the same).

These new "collector" coins they're coming out with all the time don't interest me at all. I've got one of all the quarters (just one, people come to me all the time wanting rolls of them), but these nickles are kinda silly.

I found an older German two pfennig piece a few weeks ago.

I have a Vietnamese dong somewhere around here. I like to tell people I have a Dong and it has a hole in the middle, and then watch their reaction.
 
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