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 Replies: 23 / Views: 2,865 |
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Pillar of the Community
United States
1374 Posts |
Compared to everything else on ebay right now, it looks like the best deal. I, too, wonder whether I should pick up a set of these. But I also wonder if these cents will end up like the Susan B. If this series of cents never gets used in circulation, then there will be a huge supply of them in mint state. I noticed the greysheet on these rolls is around 1.25 a roll or so, but they are selling at three times that? What am I missing? |
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Pillar of the Community
Australia
2830 Posts |
quote from the advert:
"FACT, as the Federal Reserve keeps printing money backed by nothing,
our paper money keeps going down in value
and all coins are becoming more and more valuable!"
does that imply that one dollar no longer equals 100 cents ?
Every so often, I see someone selling coins as "Uncirculated, taken from a mint roll". Sometimes, these coins were minted in the 1950s or 1960s. And I think to myself -
buying the mint roll, at face, from the bank;
the cost of storage; and
waiting for 50 years;
then the return on expenditure and effort doesn't seem very good.
Peter in Oz
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Valued Member
United States
228 Posts |
Don't forget the 2009's are also a one year TYPE set. That alone, IMO will add greatly to their collectibility in the future...  |
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Pillar of the Community
 United States
3276 Posts |
i am going to buy these as well as the 2009 nickels and dimes... they may not be too rare because of all the collectors buying and saving them, but all well. I like the penny series and want a roll of each. and it wont kill me to hold onto the nickels and dimes either.
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Pillar of the Community
United States
3276 Posts |
its more of a collect-ability thing. I'm sure no one buying these pennies are planning to get rich off of them in the future. they may be worth something because of lower mintage and because they were a 1 year type set like LastGold stated. but I think a lot of us want them for their value in our own coin collections.
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Pillar of the Community
United States
809 Posts |
just carl said "basses"  ...you really dont want fish on your coins! |
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Valued Member
United States
287 Posts |
I'd leave them in the wrappers, proves that they are untouched, and I like to break open a new roll that hasn't been searched before so it may help you get more $$ down the road
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Valued Member
United States
455 Posts |
I would keep them in the rolls. That way they would be protected from the elements and exposure. Then, if they fit, it wouldn't hurt to place them into the tubes. That would protect them further.
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Valued Member
India
265 Posts |
i would keep them in rolls for long time storage.
warm wishes.
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Pillar of the Community
United States
3077 Posts |
well I am in the minority on this I would have to atleast open the LP2s and look for the extra thumb
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Bedrock of the Community
United States
17884 Posts |
The problem with leaving them in the rolls is that you have no idea what you actually have. How do you know the rolls actually contain what he says they do? Sure you can look at the end coins, but what if you get a HH or a TT roll? If yo get a HH you have no idea what design it is and if you get a TT you don't know what the mint is. Also you really only have information about the two coins on the ends. Is it a solid roll, all with the same design? Or could it have mixed circ coins in between those end coins? There is only one way to know and that is to open the roll. Of course doing that throws away al "Original roll" premium. But years down the road if I was going to buy a so called "original roll", to me it is only worth face value until I see what is inside.
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Valued Member
United States
201 Posts |
I'd leave 'em rolled. I won't pay a premium for cents that aren't in the original machine roll.
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Moderator
 United States
189603 Posts |
Quote:
The problem with leaving them in the rolls is that you have no idea what you actually have. I agree. I would break it open. I collect coins, not paper.  |
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Pillar of the Community
United States
3592 Posts |
I'd open them...I once put seat covers on my new truck, then when it was time to sell, I took them off and the seats looked fantastic....and I thought what a fool I was to not even enjoy them but somebody else would.And add the fact that you could sell them sometime down the road, and the guy opens them and makes a new,valuable discovery.
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Pillar of the Community
United States
659 Posts |
Don't the paper wrappers have sulfur in them, which would tone the coins? Just depends on if you want BUs or toners 20 years down the road.
Edited by penny man
02/03/2011 12:08 am
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Posted 01/31/2011 12:27 pm
