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Replies: 30 / Views: 3,518 |
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Pillar of the Community
United States
1130 Posts |
I got 4 rolls of 2009 professional life Lincoln cents in mint rolls for $3.00 at a public auction. I was pretty excited.  There were a ton of other coins including a bag of pennies that had two steel strong rolls in it. I wanted them, but there was a guy there that was not going to stop. Sometimes that's just how it is. Would it be okay to store these penny rolls in coin tubes?
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Pillar of the Community
United States
2543 Posts |
Yes they are all the circulating 2009 pennies were made made of zinc and a thin copper layer.
Only the proof and mint set for 2009 were made of copper.
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Pillar of the Community
 United States
1130 Posts |
So it would be no problem to just put them in a coin tube? Would it even be okay to leave them out of the plastic coin tube and just leave them alone in the roll?
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Pillar of the Community
United States
997 Posts |
You could do either, but a tube would likely be worth more than the contents. While minted in relatively low numbers they really have no value above face.
Personally I would just keep them in their current container.
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Valued Member
United States
126 Posts |
I'd keep them in tubes high & dry .5 years from now when its dicovered that 1 letter is differant youwill be glad you have some to look through
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Valued Member
United States
143 Posts |
Go with the tubes, if you leave them in the original packaging then you cant look through them for the nice ones!
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Pillar of the Community
United States
2764 Posts |
I would suggest you open them up, go through them and look for the best one (pick top 10 from each rolls) and put them into individual 2x2 Mylar flips and put the rest of them in tube, use clear tape and tape/seal the tube, store in a place that's cool and dry (away from gun powders or other chemicals).
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Valued Member
United States
121 Posts |
Those 2009 "Professional years" are nice,but I hope you do know that the " Formative Years" in the series are far more sought after? because of the many error/variety possibilities. Just a heads up. By the way, those that you did pick up are a great deal,esp. from the mint!-joey One more thing to add... I also, would keep in the original mint wrap. More authentic this way. 
Edited by joeykoins 11/30/2013 08:40 am
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Pillar of the Community
 United States
1130 Posts |
Yeah, I was leaning on keeping them in the original mint wrapper. If they were bank wrapped, I would probably open them, but since they're mint, I think I'll leave them the way they are for a while. And yes, I wish there had been others like the formative years, but these was all there were.
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Bedrock of the Community
United States
20753 Posts |
IF you plan on keeping them, put them in those plastic tubes. Then in about 500 years you'll see they have stayed the same. And possibly so will the value. 
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Pillar of the Community
 United States
1130 Posts |
Well, bad news. The tubes aren't big enough. I will have to get nickel tubes or something to put them in.
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Bedrock of the Community
United States
12437 Posts |
The wrapped cent rolls should fit nicely in a nickel tube.
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Pillar of the Community
 United States
1130 Posts |
Yeah, I hope they will. We'll see.
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Valued Member
United States
179 Posts |
You'll be able to sell those rolls in five years and take a trip to Las Vegas. That is providing of course you live in Las Vegas. Seriously, these are the most hoarded issues since the westward nickels and are nice to have but that's about it. When you store them don't forget a few desiccant packs.
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Pillar of the Community
United States
2764 Posts |
You can also put one or two current red cent at either end of the tube as sacrifices.
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Pillar of the Community
United States
1903 Posts |
My 2ยข... I think if your lean is toward future value, I say, keep the rolls intact. The reason I say this boils down to simple human greed and the love of the "maybe". Sure you could pop open a roll and MAYBE find something spectacular that is valuable...but if not, now you just have fifty cents. It is a gamble, and one YOU are taking with odds greatly against you. Keep them in the rolls and that mystery of the "what if" is still intact. Let the next guy take the gamble...let him pay the "what if" premium and make the Vegas play. It is likely the less lucrative road (assuming there is something worthwhile in the roll), but is by far the more likely way to profit. It puts the odds in YOUR favor that way.
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Replies: 30 / Views: 3,518 |