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Replies: 11 / Views: 1,011 |
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Pillar of the Community
United States
1934 Posts |
I have about 20 rolls of various 80's cents in shotgun rolls. Should I leave them be or open them up? If not, why not...if yes, do tell.
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Bedrock of the Community
United States
20753 Posts |
Take them to a bank and deposit them. Or if your young, save them for about 30 or 40 years. By then they will be worth something. Naturally first look for the 83 double die and the 84 double ear.
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Pillar of the Community
United States
533 Posts |
Ya, they are worth face value. If you have the time you could search for the mentioned error coins but I wouldn't. Personally, I would put them in my miscellaneous "Coin Stuff" box and forget about them for a long time figuring that maybe I would want to look through them someday. That's just me...
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Pillar of the Community
United States
2600 Posts |
j h s, Heck yes open them. In case you have not seen it, our forum members have now found two 1982 DDR. The only two and they are worth a bunch. Hmmmmm, rolls of BU 80s. I would be in them like this  Jim
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Pillar of the Community
 United States
1934 Posts |
Thanks for alla yourns inputttezzes...I'm 51 yrs old (and opening them !)
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Pillar of the Community
United States
2602 Posts |
I disagree with the others. BU 80s rolls, especially 84, 85, 86, 87 are worth more than the average Memorial roll, because some of those years, there were no mint sets issued. Also, in our Cent Project, a number of us have found 84-87 to be underrepresented. I wouldn't deposit them just yet.
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Pillar of the Community
United States
2270 Posts |
Some of these rolls are tough and already sell for a lot of money. The '86 is the highest.
I'd open them up stabilize them and pull out the culls. Anything with bad surfaces or breaks in the plating needs to go. Save the rest in inert enviroments.
Not only are there not many of these rolls but every day a lot more go bad.
The '84-D and '89-D in mint sets might not make it so roll coins may be important in the future.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
560 Posts |
I agree with mycrob - some of these are less frequent in circulation that you would expect. I would set them aside.
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Pillar of the Community
United States
581 Posts |
For the past couple of years I've been pulling high end pennies out of circulation in the hopes of building memorial sets for my nephews and nieces. I have found that 85-88 are not at all as frequent as the rest of the 1980's.
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Valued Member
United States
314 Posts |
Dont take them back to bank whatever you. I can buy them from you if you need to sell them. I need to build 50 books and could use them. I collect bu rolls of coins from 1959 thru 2007 and buy them all time. Prices I paid in past on bu rolls of those 1980 thru 1989 rolls. 1986 p and d I paid 60 bucks for both them. 1982 all 7 varites I paid 85 to 100 bucks once. 1984 d rolls was 14.95 plus shiping. 1983 d rolls I paid 7.95 for roll. Some somtimes 2 to 3 bucks per rolls on 1990 thru 2007 rolls. Those 1980 rolls are tough and peaple will pay lots money for them. My last purchase on an 1959 thru 2007 complete roll set minus 1960 small dates I paid 345 for it. Reason I break them down build 50 sets each time for resale on ebay. At same time I paid 350 for intire 1934 thru 1958 Wheat penny circulated roll set to build 50 books. For that project I will be spending 1100 for 50 Dansco to build them aslong with 1909 thru 1933 rolls to build 50 starter sets. One other thing do not open the rolls unless you have have cotten gloves on to touch pennys. Do not touch pennys with your hands it will ruin them. If you do take out the wraper install them those aftermarket plastic containors to keep them save. Always store bu rolls inside your house and in place where heat and cold will not get to it. It will ruin the pennys big time. I bought an roll 1988 d pennys last year. It was not stored right. When I opened it the pennys were ruined and had black spots all over them. It was trashed and ruined. Reason why we buy those bu rolls are coins where we can build bu sets coins is profit margin is good on them. I spend 300 to 350 for roll set complete. I sell 50 sets for grand totol of 1000 dollars at each set at 20 dollars each . I can make about 650 dollars profit from each roll set I build for ebay. Becides me there are other dealers out there who do the same thing. Chevrolet454ss
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Pillar of the Community
United States
2270 Posts |
Long term a lot of these coins are going to be very scarce.
The attrition rate is staggeringly high because the cost is so low. Everyone assumes they are common as dirt but actually only a few million of each coin was set aside and most of these are already consumed by time, collectors, or corrosion.
Mint set coins are generally of extremely good quality for most of these so none is going to be truly scarce even in gem but there will be as few as a few thousand for the tougher dates like the '84-D in a few years. When the coins in circulation start being melted for their zinc these are going to start looking downright rare.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
2600 Posts |
kladking, I have paid very little attention to Lincolns from 59 on. Your insight to coins from the 80s developing value is very interesting. What other dates besides the 84-D do you see becoming hard to find in the future? Jim
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Replies: 11 / Views: 1,011 |
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