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Bank Bag Dilema Pt 2

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Author Previous TopicReplies: 18 / Views: 3,389Next Topic Page 2 of 2
Pillar of the Community
United States
3276 Posts
 Posted 07/28/2011  02:34 am  Show Profile   Bookmark this reply Add murrellington to your friends list
My guess is that there's no way to tell. you can either open it and hope it's not all 1 year. or you can sell it and have someone else have the fun of opening it. I say you just go for it.
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 Posted 07/28/2011  06:11 am  Show Profile   Bookmark this reply Add John1 to your friends list
of the unopened bag please.
John1
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 Posted 07/28/2011  12:21 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Just a suggestion... it might be best to keep this as one thread, otherwise it might get confusing, especially if it's a long drawn out saga.
I agree. Unfortunately, I cannot combine topics, only split them.

Here is the original thread...

https://goccf.com/t/93875

I will lock it and point it here.

Valued Member
United States
439 Posts
 Posted 07/28/2011  12:24 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list
I think you should open it. Isn't this the kind of thing all roll searchers look for?
If you decide to sell it I would be interested too.
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 Posted 07/28/2011  12:35 pm  Show Profile   Bookmark this reply Add VisigothKing to your friends list
Come on, open it! :D
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 Posted 07/28/2011  1:16 pm  Show Profile   Bookmark this reply Add desertgem to your friends list
I have dealt with similar bags from banks, and the ones from the Fed, were labeled with the date and the mint such as "1970 S". The bags were in the period of 1968-1972, all were labeled and all cents inside were loose and correct date/mint and all BU. I am curious about an unlabeled bank bag and would have concerns if all inside would be the same.

Jim
Edited by desertgem
07/28/2011 1:17 pm
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 Posted 07/28/2011  1:36 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list
Unless it is clearly labeled as a from the mint and has a year and MM, I don't see how you could get more for an unopened bag then an open one.
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 Posted 07/28/2011  5:38 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list
Sounds like the common every day Federal Reserve Bag that was used. Nothing special so far my guess is that the bag alone is worth anywhere from $10 - $25 plus $50 for the pennies.

If you do a search you should be able to find many FR bag such as the one you have.

The bags where sealed like that to prevent mysterious disappearance of coins.
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 Posted 07/28/2011  5:45 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I forgot to add my opinion on the topic when I posted my moderator comment above.

I say open it! You never know what you have until you open it.

I must add that I am in it for the coins, not the money. Any profit potential from selling an unopened bag is unimportant to me.
Pillar of the Community
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 Posted 07/28/2011  5:52 pm  Show Profile   Bookmark this reply Add murrellington to your friends list
think about how much more fun it would be to open it yourself. selling it would let someone else have that fun and satisfaction. the thrill and fun is worth the potential profit in my opinion.
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 Posted 07/28/2011  6:45 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
Open open open open open open open!
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 Posted 07/28/2011  7:16 pm  Show Profile   Bookmark this reply Add patrick to your friends list
Not knowing what was in there would drive me crazy. I would open it!
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 Posted 07/28/2011  7:35 pm  Show Profile   Bookmark this reply Add fioti to your friends list
These bags are reused, many times. I own dozens. Many are dated prior to '68, (block lettering near the top) They are still available at U.S. Bank, but you're asked to return them. Rarely happens.
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 Posted 09/17/2011  10:12 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list
Was finally able to sit down with mom and go through the $50 bag. It ended up not being very exciting. The cents were a bit newer than she remembered. The newest in the bag were 1981. Here is the breakdown
100% copper ( just wanted to say it, I dont see this ever happening from a bank box these days)
35 wheat, olderst 1940
12 Canadian oldest 1957
The best part... a non-upset rim blank planchet

The bulk of the cents were between 1975 and 1979. The bag was purchased in new England so it isn't surprising that D and S mints were less than 10% of the content. I am very pleased with the blank planchet as it is my first find
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 Posted 09/17/2011  10:55 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list
I'm not sure where this originated or how, but I can state two facts that might help sort things out a little.

1. Back in the day the mint NEVER crimp sealed bags. They were always sewn shut.

2. Mint bags ALWAYS came with loose coins inside. The mint did not roll coins until they started selling at retail about 15 years ago.
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