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Mass Penny Storage

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Pillar of the Community
United States
745 Posts
 Posted 06/17/2012  9:29 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list
besides NOT using PVC plastic...
Don't Spit on Your Coins
Talking about your coins can do just as much damage as touching them or cleaning them, if you do so with the coins exposed while you chatter away. Little bits of saliva escape from your mouth when you talk, and these can cause spotting and discolorations that are difficult to remove. Many uncirculated and mint-state coins have been ruined this way. Say whatever you want about your coin collection, just make sure your coins are safe when you say it!
Many good tips on this site:
http://coins.about.com/od/caringfor...coinstip.htm
Edited by Penny4Me
06/17/2012 9:31 pm
Pillar of the Community
Canada
1354 Posts
 Posted 06/17/2012  9:43 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list
wade
I believe I answered the question in my first post.
WCP
I completely understood your method. No need to apologize
Valued Member
Canada
370 Posts
 Posted 06/18/2012  01:31 am  Show Profile   Bookmark this reply Add barriecarson to your friends list
Thanks for all the great information. And all opinion are welcome. I like to hear want other think, even though I very rarely take advice, or so my wife tells me.

Good to know that '3' is the code for PVC.
Pillar of the Community
Canada
2781 Posts
 Posted 06/18/2012  01:46 am  Show Profile   Bookmark this reply Add Wade to your friends list
Pillar of the Community
United States
863 Posts
 Posted 06/18/2012  2:23 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list
if you are gonna keep all of your pennies you should think about seperating the pre 1982 pennies from the rest.
Pillar of the Community
Canada
1354 Posts
 Posted 06/18/2012  2:26 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list
I've noticed some of the Aussie's mentioning silica gel packs. Would this be for high humidity areas or is it recommended for any climate for long time storage?
Pillar of the Community
United States
745 Posts
 Posted 06/18/2012  6:17 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list
OK...Keep all key dates and MS condition pennies in Plastic tubes or Flips!
But get rid of the rest?
Canada 1942 to 1979 pennies; Contain: 98% copper & Weight 3.24g each
1 lb = 454g = 141 pennies of 98% copper
So for 144 pennies, you can get $3.50 of copper at $3.50 lb
Yes get rid of the rest dated after 1979.
That's why Canada wants you to dump your pennies back to the banks, so they can melt them at 2.4x face value!
Edited by Penny4Me
06/18/2012 6:18 pm
Pillar of the Community
United States
745 Posts
 Posted 06/18/2012  6:31 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list
PS... 1980 to 1996 cents also have a Composition of 98% copper, but only Weight 2.5g
so you get more bang for your buck $ [cent] for 1979 & earlier pennies; almost 30% more copper Weight!
Just wait a few years and you will be able to melt pennies, like you can melt those 1960's silver coins now.
Edited by Penny4Me
06/18/2012 6:33 pm
Pillar of the Community
Canada
567 Posts
 Posted 06/26/2012  10:35 am  Show Profile   Bookmark this reply Add jpaiva83 to your friends list
That's one way to store them.....



Mass-Penny-Storage
Valued Member
Canada
220 Posts
 Posted 06/26/2012  10:54 am  Show Profile   Bookmark this reply Add Islander2010 to your friends list
Lock me in a room alone with that perspex block of pennies! Seriously, I search through as many rolls as I can, desperately trying to beat the clock (time's running out rapidly here in Canada for getting penny rolls from the banks) & pull all pre - '82 pennies that still show lustre, & any post - '81 pennies in stand-out condition. I also throw all pre - 65 pennies into a box, just because they're older, lol! For storing, I use rolls, stored in the $25 penny boxes from the bank. Minimal space taken up, & a pretty stable storage method, I think...
Pillar of the Community
United States
1088 Posts
 Posted 06/26/2012  11:26 am  Show Profile   Bookmark this reply Add stud722 to your friends list
I never even thought about asking my bank about the empty shipping boxes. Great Idea! Right now mine are all in plastic tubes (whether they are wheats, old copper, or other). Those plastic tubes are great ways to store them. I often put a round sticker on the top (the ones that you can get at just about any store to mark yard sale items and are colored). I use a different color for each decade of coins. Just a thought.
Pillar of the Community
United States
2295 Posts
 Posted 06/26/2012  12:17 pm  Show Profile   Bookmark this reply Add wquinn to your friends list

Quote:
If you go to the bank you can get the cardboard boxes that they ship the pennies in and out of the bank with

I have seen cents tone after keeping them in those boxes for a few years, so those aren't recommended.

Best and cheapest, would be to buy plastic cent tubes. They cost about $28 per 100, plus shipping.

But make sure you remove any corroded or nasty ones, otherwise they will contaminate the rest.
Edited by wquinn
06/26/2012 12:17 pm
Pillar of the Community
United States
745 Posts
 Posted 06/26/2012  12:25 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list
the bank rolled 1 cent roll fits prefect in the nickel size tubes.
nickel size tubes allow room for paper roll...great way to store an unopen new penny roll
Edited by Penny4Me
06/26/2012 12:26 pm
Bedrock of the Community
United States
36845 Posts
 Posted 06/26/2012  12:30 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
If you are talking large quantities, buy come canvas coin bags and bag them in $50 face value bags. That way you'll know how much you have when it's time to sell. Store them in a dry location to prevent corrosion. When you end up selling them it will most likely be to a dealer that has a coin counter and he will count and keep them in those bags for selling. Eventually, copper pennies will be traded just like bags of junk silver coins are. They same can be said for nickels.
Pillar of the Community
Canada
576 Posts
 Posted 06/26/2012  12:45 pm  Show Profile   Bookmark this reply Add tamarin to your friends list
If we have to wait for copper to elevate as long as we have for nickel, I should think most collectors and aspiring speculators could probably find a more lucrative investment.
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