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Mass Penny Storage

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Bm0ney's Avatar
Canada
1005 Posts
 Posted 06/17/2012  5:48 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
The cardboard penny boxes from the bank will hold 2500 rolled coins or 2500 loose coins and stack tightly together. No wasted space.
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Wade's Avatar
Canada
2781 Posts
 Posted 06/17/2012  7:08 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
@coinchick

you didnt answer the question either...
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 06/17/2012  8:30 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I am sorry for not answering the question properly.
Keep all key dates and MS condition pennies in Plastic tubes or Flips and get rid of the rest.
Edited by darryldarryl
06/17/2012 8:31 pm
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chris12018's Avatar
United States
2130 Posts
 Posted 06/17/2012  8:38 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
wade
Quote:
1. they are only worth more than face if you can find someone willing to pay more than face, which you wont unless it is key / semi key / MS65.


My dealer pays $.03 for wheat's & $.015 for copper LMC's.
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Penny4Me's Avatar
United States
745 Posts
 Posted 06/17/2012  9:29 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
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
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 06/17/2012  9:43 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
wade
I believe I answered the question in my first post.
WCP
I completely understood your method. No need to apologize
Valued Member
barriecarson's Avatar
Canada
370 Posts
 Posted 06/18/2012  01:31 am  Show Profile   Bookmark this reply Add barriecarson to your friends list Get a Link to this Reply
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.
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Wade's Avatar
Canada
2781 Posts
 Posted 06/18/2012  01:46 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
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silvercoinrn's Avatar
United States
863 Posts
 Posted 06/18/2012  2:23 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
if you are gonna keep all of your pennies you should think about seperating the pre 1982 pennies from the rest.
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 06/18/2012  2:26 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
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?
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Penny4Me's Avatar
United States
745 Posts
 Posted 06/18/2012  6:17 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
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
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Penny4Me's Avatar
United States
745 Posts
 Posted 06/18/2012  6:31 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
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
jpaiva83's Avatar
Canada
567 Posts
 Posted 06/26/2012  10:35 am  Show Profile   Bookmark this reply Add jpaiva83 to your friends list Get a Link to this Reply
That's one way to store them.....



Mass-Penny-Storage
Valued Member
Islander2010's Avatar
Canada
220 Posts
 Posted 06/26/2012  10:54 am  Show Profile   Bookmark this reply Add Islander2010 to your friends list Get a Link to this Reply
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...
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stud722's Avatar
United States
1088 Posts
 Posted 06/26/2012  11:26 am  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
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.
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