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 Replies: 21 / Views: 3,477 |
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Valued Member
United States
109 Posts |
Very Nice Find, Hide Them Back For The Future
I Buy Rolls From Time To Time From My Bank Also
I Got a Full Box of 2011D Penny's The Other Day
So I Just Put Them Up, Maybe Me Or The Grand Kids Will Find Them Again In 20 Years
Boatman
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Valued Member
 United States
262 Posts |
Thats exactly what I plan to do.
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Valued Member
United States
277 Posts |
Exactly... I got 10 rolls of 2010 ATB Quarters, and I am just holding on to them. Like Dman said 20, 30 maybe even 50 years from now that could be a key date, or someone will crack them to sell them because they can get 5 to 10 dollars a piece for them and they find a nice variety and get 500k for it (not sure what inflation will look like by then) much like the way the 1969 S Lincoln Cent was found. Maybe you can change the status of your family tree forever too, maybe go from lower class to middle class or middle class to upper class, or maybe the family member that has it needs the money really bad to feed their family and with it they go back to school or start a business they always wanted and become a major sucess. They are all longshots but no worse than playing the lotto a few times a week. |
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Valued Member
United States
262 Posts |
spot on rk, except with this, you dont lose, only gain....
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Pillar of the Community
United States
1348 Posts |
I don't think sticking the $20 in dimes in a drawer for 20 years is really worth maybe doubling your money. Seems to me I'd rather have something to enjoy and still potential double
Edited by w1a9c8k5
06/13/2011 12:27 pm
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Valued Member
United States
262 Posts |
Would you stick them in a drawer knowing MAYBE they could be worth 10X the face value? How about 20X? Who knows....
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Valued Member
United States
470 Posts |
I love folks who stuff rolls in their drawers hoping to get lucky. It's part of the American dream. When all you have is a new roll of quarters, don't take their dreams away ...it might be all they have left.
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Rest in Peace
United States
9104 Posts |
Let's see, if 20 years ago you bought $10 in cents, today you'd have $10 in cents (or quarters). Best case scenario, $10 in nickels would be worth $12.20 if you could sell them.
That $12.20 would buy what $7.14 bought if you just spent the money 20 years ago.
Not that it matters, because odds are close to 100% that within those 20 years, you'd have lost them to fire, flood, or theft, or spent them.
If you put the $10 in an account paying 3% compounded annually, you'd have $18.06, worth $10.57.
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Valued Member
United States
262 Posts |
lol...way to much thought free, I'm just lookin' to put some dimes in some drawers....
I see what your saying though.
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Rest in Peace
United States
9104 Posts |
Friend of mine saved halves. Had $1100 in his bedroom. I suggested a lock box. They were safe, because you'd have to go through several other rooms and then find them.
Last I heard, one of his inlaws/outlaws is eventually gonna pay him back...
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Valued Member
United States
187 Posts |
Quote:
Let's see, if 20 years ago you bought $10 in cents, today you'd have $10 in cents (or quarters). Best case scenario, $10 in nickels would be worth $12.20 if you could sell them. True but if you bought $10 in cents 19 years ago you could sell them for around $300  |
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Pillar of the Community
United States
505 Posts |
I remember back in 1976 when I bought 5 rolls of Bicentennial quarters for 50.00....guess what I can get for them 35 years later?Yes you guessed it,50.00 in cash that is worth less now than it was back then!
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Rest in Peace
United States
9104 Posts |
"True but if you bought $10 in cents 19 years ago you could sell them for around $300 "
Please explain.
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Valued Member
United States
187 Posts |
If you had bought 20 rolls (we are talking stuffing away obw rolls per the OP right?) of 1992 Lincolns and were looking to sell them, the avg price of those sold in June is 7.25 so make it $145 not $300. Last night I just looked at what some were listed at and not completed sales.
Not sure you couldn't get more for the 20 obw 1991 lincoln rolls than face per your example either. I'm guessing you could get $1 per roll at least beating the 18.06 savings return.
Now let's say you open those 1992s to find a roll of CAM beauties. I think that's what rkrj is talking about.
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Pillar of the Community
United States
659 Posts |
I doubt that you would find a whole roll of CAMs, but even one would be major, there are 17 or 18 D mints and 4 P mints known.
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First Page
Posted 06/12/2011 7:58 pm
