by Recyclersteve » Fri Jun 04, 2021 6:17 am
Ok, I finally looked through some rolled Lincoln pennies to see how many coppers and wheats I could find for the first time in a while- likely the first time since 2019. Here are the results:
Total pennies hand searched: $24.50
Copper cents (other than those itemized elsewhere) 215
1982's (copper) 25 (there were also 8 zincs- so 75.8% of the 82's were copper)
Wheats 9 (including a 1935-S)
Canadian pennies 3 (1979, 81, 89)
1856 Flying Eagles + 1877 + 1909-S-VDB 0 (at least I can wish!)
TOTAL COPPERS 252 (10.3%)
NOTE: I am a tough grader, so any coppers that just don't look right (too many scratches, bent, too much green matter on them, etc.) are not kept and not included in the totals above.
Frankly, I'm rather pleased that I found over 10% that met my tough grading standards. I was thinking it would be 6-7%.
P.S. I see the last posting I made about pennies searched was on 10/29/19 when I found 11.04% copper pennies.
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.