Big Nub Numismatics's Blog

28 Jun 2018

Coin Hunting

Coins | Big Nub Numismatics

Last week, I had a very good time. My grandfather had saved every cent he had ever received since 1998, and kept them stored in jars.He gave them to me to look through, andI spent about ten total hours going through the 50,000+ cents taking out oddities, and filling holes in my collection. Among these 50,000 memorial cents were about 800 shield cents, and about 20 wheaties. The rarest coin I found was probably the 1933 wheat cent. I did not have this coin before looking through the jars, and I was ecstatic upon finding it. Most coinage during and after the Great depression had surprisingly very low mintages. In 1929, a total of 277,140,000 cents were made. In 1930 just a bit less than 1929, but in 1931,1932, and 1933, combined, there was only 64,864,000, less than 25% of 1929. This reduced minting of wheat cents caused these issues to be hoarded, and now very hard to find, and thus expensive. The one I found was only the second I've ever seen with my own eyes. I'm very glad my grandfather did not spend it. Have you guys ever found something like this?

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