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 Replies: 12 / Views: 1,537 |
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Pillar of the Community
United States
543 Posts |
I have over 20,000 Lincoln cents from 1959-1982 and counts for each one according to mint. I have them in several gallon glass jars. After reading some posts of how to store these, I have been contemplating rolling them up by year and mint. I considered the fact that rolled coins would be much easier for someone to dump at the bank. Also, for as avid of a coin collector I am, I do not know how to properly wrap coins so the ends are crimped. All suggestions are welcome.
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Moderator
 United States
56855 Posts |
If you plan on keeping them as a collection I would put them in plastic coin tubes for long storage. John1  |
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Bedrock of the Community
13014 Posts |
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Pillar of the Community
 United States
543 Posts |
the paper wrappers seem to be a lot cheaper than the plastic tubes (plus, I might be able to get the paper wraps from my bank for free). Is it possible to tightly crimp rolls without the use of a machine?
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Bedrock of the Community
13014 Posts |
Anythings possible, but its unlikely you will be good at it right away and will spend hours doing it
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Pillar of the Community
United States
1116 Posts |
I have a 55 galln drum out in the garage that is proudly labeled "Dad's Revenge" and is about halfway full. It is not on a pallet so there is no way that I can move it by myself, nor can they. Even if it was, I don't have a pallet jack.
This is part of my kids inheiritance (and they know it). All my copper pennies are tossed in there for the little darlings. Storing them this way serves a multitude of purposes. I don't see someone running easily off the bank to change them out, nor to the store for smokes or candy. In an emergency I can hide behind it. The garage floow won't float away.
I look at this as a bond project on their part after I'm gone. If I get it filled, I plan on welding a top on it and starting another. Right now it's about half way full. This project started out as joke and it got out of hand. The time to roll pennies is as you get 50 of them together, not after you get multi-thousands of them. At that point it takes on aspects of a career, and if you've retired do you really want another career. I don't particularily want another career, that's for the young.
Once it get's out of control (like mine) just continue with what you're doing. If you can get free wrappers I'd go that way. You're going to need 400 wrappers (that's enough for 16 boxes at least). It should weigh in at 256 pounds at least.
Just make sure that you don't put them in a place where you wife has to clean or you will be moving them more ofter than you plan on.
I like my plan of action because it's original, let's the family know what they will be doing for a good piece of time, allows for family quality time, and at the same time it teaches the kids the value of a dollar.
You know this has all the ear marks of a well thought out plan of action (or revenge). Hence the name..............
{edit} It also let's the kids follow the growth of their inheiritance. Am I needling them or tormenting them? I'll leave that up to the reader.
Edited by ghostrider
04/06/2013 7:12 pm
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Pillar of the Community
United States
1116 Posts |
Wuffy: I think that if you are just stashing the copper you may want to put them into quart plastic bags. Either the Quart or half gallon size holds 2,500 pennies and they have the added attaction of conforming to whatever container you decide to store them in. Sorting them down by year seems to be just to much work to do for little return unless you have a lot of 1909s-dvb's laying around
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Pillar of the Community
United States
1109 Posts |
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Pillar of the Community
United States
624 Posts |
Can you imagine how much the price of copper will plummet the day after the law prohibiting melting pennies is repealed... The copper and coin markets will be flooded with pre-1982 pennies.
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Pillar of the Community
United States
624 Posts |
Skyshark... Wow. Those crimpers have gotten some pretty bad reviews. Even the positive reviews are tepid.
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Pillar of the Community
United States
1109 Posts |
Quote:
Skyshark... Wow. Those crimpers have gotten some pretty bad reviews. Even the positive reviews are tepid. I really like mine. Never really have an issue with them. It's all in the technique though. It took me a few rolls to kind of figure out how to really use them. |
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Pillar of the Community
United States
655 Posts |
There's no down side to just leaving them in glass jars.
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New Member
Australia
25 Posts |
$200 worth of high mintage coins. wont ever be worth that much. maybe in a hundred years. id cash it in and get one or two nice coins. silver seems to be headed down its over inflated in my opinion. but if you must keep them. get a cheap red wsgon put them in it. put a piece if glass over the top. wahlah. instant coffee table
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Replies: 12 / Views: 1,537 |
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Posted 04/06/2013 6:08 pm
