by Recyclersteve » Fri Oct 24, 2014 1:09 am
On August 8th I visited a Bank of America branch in a middle income neighborhood. I was there to ask for halves, but asked the teller if she had any other old or unusual coins of interest. She said she had $10 face in pennies that someone had brought in that I might want. I checked one roll and it was an Uncirculated roll from the early 60's. Since she had another $4 face as well, I took the entire $14.
I just went through these coins last night.
Of the $4 in CWR's, there were 63 coppers, a bit more than 15%- no big deal.
Of the other $10, 961 of the 1,000 pennies were Unc. coppers from 1959 through 1964. But the neat part is that the other 39 coins were all BU 1955-S wheats- and that is a better date as well.
It felt like I turned back the clock 50 years!
P.S. I am now using a Ryedale for most of my sorts, but this one I did by hand because of all the Uncs.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.