Lucky Day For My Wife

[SkiWhiz]

This has nothing to do with metal detecting but I thought I would pass it along. My wife went to some garage sales today and she bought a purse for 50 cents. She got home and checked through all the zippered parts,etc. In one of the comparments was 8 old coins.
2 - 1951 silver dimes/1947 silver dime/1954 silver dime/1952 silver dime/1964 silver dime/1953 silver dime/1943 D penny.
I know nothing about the value of coins but the 1943 penny got me thinking that I have read somewhere in the past that they could be of value. So I researched the 1943 D penny and it said to see if it was copper or steel to use a magnet. Unfortunately the penny stuck to the magnet (so it is steel)(worth about $1.50) if it would of been copper the value is at $40,000 or more (so I have read). Oh well still not a bad buy for 50 cents. Steve.

I am kind of curious why the coins would of been in the purse that they sold at the garage sale. Maybe they was a coin collector and bought them and stored them there, or put them in the purse to take them to sell, or possibly stolen, who knows...

I have found 5 old coins in my 15 + years of detecting and she gets 8 all at once.

 

[Tinfoil]

n/t

 

[Dan-Pa.]

Many coins are found in furniture, secret compartments in purses along with folding money behind pictures, taped under drawer pulls and the like. Fellow I know who is a jewelry salesman bought a nice fake ring that turned out to be a foreign ring with no markings. Had a nice diamond and several rubies and yep was approx. 14 kt gold with a deep color similiar to copper as the foreign country mixed the gold with different metals than the U.S. does...turned out to be a $2,000.00 profit..So indeed those that frequent garage sales can do well if they are lucky or ingenious...

 

[SkiWhiz]

[quote Tinfoil]n/t[/quote] Could you please explain in more detail Tinfoil on where and what to look for & on which coin. I am sorry but when it comes to coins I am very dumb. I just detect them dig em and throw them in a container. Thanks! Steve.

 

[Tinfoil]

Now look at the word DIME. It will appear to be double stamped. Most obivious part of the dime that is a double stamped one is the E and the M. Looks like a very small line at the vertical part of the E. On the M look at the bottom of the small parts of the V's that are upside down that make up the letter M if it is doubled. You will see a also the word STATES looks like it is double stamped.

You need to go buy a Book they call THE CHERRYPICKER'S GUIDE by BILL FIVAZ,NLG and J.T. STANTON, NLG. Buy a Book called The Official RED BOOK. It is a guide of United States coins.

It is part of the learning process you must know about coins. Especially if you get into the silver coins. You must know what they are worth so no one can take advantage of you if you want to sell them. Called Seller Be Ware Or Buyer Be Ware. Goes both ways.

Then you will want to get a grading book so you will know what grade your old coins will be. I got a new one this year and it is Excellent. the name is The Official American NUMISMATIC ASSOCIATION Grading Standards for United States Coins.

Books a Million and Barns and Noble have them. Red Book is 14.95,Cherry pickers is 24.95 and the New grading book Is 16.95. Hopes this helps : : Jerry aka Tinfoil

 

[Gulf Hunter]

Huntress went and purchased a purse at a resale shop like that and went through the pockets same as yer wife and guess what she got? A pair of 22K earrings!!!!! Treasure is where you find it! GH