Investment 2019 Pennies?

Might be better to invest in a blue chip stock with reinvest dividend, over that 10-20 years, you might be much better of.

That is never for sure, no one can predict what a 25$ investment will do in 10 years, it could go negative, whereas 25$ in face will still be 25$..

And inflation doesn't matter, it would be no different than putting 25$ under your mattress, and finding it 10 years later, it is still worth 25$..

Pretty much everyone on this site loves collecting coins, so I encourage you to also do what you enjoy. If that is buying boxes of pennies, then all the power to you. I assume you are just doing this for fun, but since $25 for you might be $2500 for someone else, I'll go ahead and throw cold water on it as an investment.

I'm an avid investor as well as a coin collector. Never the two shall meet. Might not be a popular opinion, but coins are a terrible investment. People that do invest in coins tend to invest in rare, high-end coins. However, there is a lot more that goes into that such as market analysis/conditions, liquidity, etc. For regular folks, it is not a good investment strategy, and any examples to the contrary (my uncle bought a $10 coin that's now worth $5000!!) are purely anecdotal.

Even if you could double your money tomorrow by selling those rolls individually on ebay, you are talking about making way less than minimum wage for your trouble. Minus fees. There were 7 billion (that's billion with a B) of these made, so barring hitting the lottery with some kind of error on your coins, they will likely remain close to face value. On the plus side, unlike playing the lottery, if you lose you still have your original $25 in pennies. Minus inflation. So, if you were choosing between $25 in lottery tickets and $25 in rolls of pennies, then I do highly recommend the rolls.

Bottom line, if you are having fun, that's what matters. If you happen to make a few bucks, that's a bonus. If you are investing to make money, .

Remember that rolled coins, when minted, are ejected from the presses into a bin where they hit one another. Hence a really high MS grade is very unlikely for rolled coins. Also remember money loses value over time. According to one currency deflation calculator what someone bought in 2010 for 25.00 would cost 29.40 today. So saving these and selling at face value in ten years would likely mean a similar loss of money.

I note some rolls of 2010 going for 1.85 each 1.35 profit. If that profit is adjusted for 2020 value, the seller made 1.13 profit per roll...less ebay and paypal fees (presently ~12% and sure to go up in ten years as well) = .99 per roll profit.

Not a very good return for 10.00.

So keep them for 10 years and you can maybe make a buck per roll...if you store them properly.

I'm not a penny expert, but is there anything significantly different on the '19 vs. the '18 or '20? Maybe if you had done that with the 2009s that had the various Lincoln's life scenes on the back. Or like someone said, the last year of the Canadian penny.

Just saw a graded 1959 PROOF cent, PF 66 red, listed for $6 + $4 shipping on ebay. Nobody bought it so now the starting bid is $5. $15-20 to get it graded, ebay and pay pal fees on the price including shipping. And that's on a 60 year old proof. With a far lower mintage. And you think you will make money in 20 years? Grading fees will be higher by then. In my opinion, sorry to be blunt, you just bought a $25 door stop.

It's nearly impossible for the average Joe to make money on coins. Everybody wants a cut, ebay, TPGs, auctioneers, your LCS, the post office. Collect for the fun of it, not to make a profit.

Truth.

You also have to consider how you would store them. They will either need to be protected from the air or a significant quantity of them in 10 years will just be "spotted common 2019 cents" worth 1 cent each. More of you "investment" down the drain.