I'm finding a lot of zincolns while detecting, and many of them are in bad shape. Some of them look like crescent moons and some of them look whole, but are badly pitted. However, they are all recognizable as once being a genuine US penny.
What are your opinions about depositing these at your local bank? In other words, how bad must a coin be before a bank won't take them?
My understanding is that the US Mint will accent any US coin, regardless of condition, as long as you can determine its denomination and confirm its authenticity. But how do most banks handle this?
I'm guessing it's a case-by-case basis and each bank and/or manager will have their own discretion in how they treat really beat up coins?
What are your opinions about depositing these at your local bank? In other words, how bad must a coin be before a bank won't take them?
My understanding is that the US Mint will accent any US coin, regardless of condition, as long as you can determine its denomination and confirm its authenticity. But how do most banks handle this?
I'm guessing it's a case-by-case basis and each bank and/or manager will have their own discretion in how they treat really beat up coins?