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Mass Penny Storage

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wquinn's Avatar
United States
2295 Posts
 Posted 06/26/2012  12:17 pm  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply

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
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Penny4Me's Avatar
United States
745 Posts
 Posted 06/26/2012  12:25 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
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
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IndianGoldEagle's Avatar
United States
36862 Posts
 Posted 06/26/2012  12:30 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
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 Get a Link to this Reply
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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