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 Replies: 16 / Views: 1,658 |
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New Member
 United States
16 Posts |
Thanks for the reply. Have any significant number pennies from the banks been in storage for 50 years?
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Bedrock of the Community
United States
10635 Posts |
Banks don't care about dates on cents. To them, a cent is a cent, period.  |
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Pillar of the Community
United States
509 Posts |
Quote:
Have any significant number pennies from the banks been in storage for 50 years? I highly doubt it. |
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Pillar of the Community
United States
7053 Posts |
@ Bumpkin...now now lets play nice... @ we66 let me  you to CCF  would help, but pending on how they were stored does not sound promising. When you speak about "black spots"...  |
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Pillar of the Community
United States
509 Posts |
Hey Greasy, I didn't mean anything disrespectful at all. I was just giving an honest answer to the question  |
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Bedrock of the Community
Australia
21788 Posts |
You should be able to make up several date/mm sets, and be able to sell them on, via ebay. However, not a great return in dollars per hour, if you want to factor in your own time. If you have some kids, let them do the work, and pocket the proceeds. Young eyes are very sharp, if they know what to look for. |
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Bedrock of the Community
United Kingdom
17965 Posts |
You could post something on one of the elongated coin collecting forums. Pre-1982 copper cents are much better to 'squash' than post-1982 zinc ones, and a keen elongated collector may be prepared to pay a premium over face value to get a quantity of copper cents.
Edited by NumisRob
10/28/2021 05:49 am
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Pillar of the Community
Canada
5246 Posts |
Check ebay sales. In those quantities they are essentially sold as copper bullion and you might get 2-3 times face value. |
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Moderator
 United States
54282 Posts |
Shipping 57 pounds of cents will cost you (and buyer) more than the value of the cents.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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New Member
United States
16 Posts |
Thanks for the replies. What is an "elongated coin" ?
This group has several terms that us newbys to the group don't know
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Bedrock of the Community
United States
19187 Posts |
There's always a chance that some of the cents are notable die varieties--like the '69 S, the '72. etc., etc. There are many collectors who lust after them. For fun, check verity vista (a sampling follows): http://www.varietyvista.com/01b%20L...0listing.htm |
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Rest in Peace
United States
18456 Posts |
So you have about 57 pounds of 95% copper ,( some 82's could be zinc ) . I recommend not bothering to sell them ; Just keep holding and hope they legally allow copper pennies to be melted , then take them to a smelter . $$  |
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Bedrock of the Community
United States
94367 Posts |
No question the biggest issue is the shipping cost. to the CCF! |
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Pillar of the Community
United States
3207 Posts |
The best shipping option for bulk coins are the USPS flat rate boxes. Get a few in various sizes to learn and how many cents you can reasonably pack inside.
Are your cents stored in bank wrappers? If the wrappers are decades old and from banks that no longer exist, you might get additional interest from people who collect those.
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Bedrock of the Community
United Kingdom
17965 Posts |
Quote:
Thanks for the replies. What is an "elongated coin" ? They are coins (usually US cents) that have been rolled to an oval shape and stamped with a commemorative design. You'll find machines that press these coins in theme parks, zoos and other tourist attractions. Many people collect them. The more recent zinc cents aren't suitable for squashing as they turn out all streaky and grey, so most elongated collectors save pre-1982 copper cents to roll. I am sure some would be happy to pay for a quantity rather than have to sort through lots of rolls from the bank to pull out the pre-1982 ones. There is a CCF thread on them here: http://goccf.com/t/318722Edited by NumisRob
10/29/2021 01:40 am
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Replies: 16 / Views: 1,658 |
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Posted 10/28/2021 01:39 am
