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What Should I Do With This?

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Agrippa's Avatar
United States
663 Posts
 Posted 06/30/2014  2:53 pm Show Profile   Bookmark this topic Add Agrippa to your friends list Get a Link to this Message Number of Subscribers
So I go into the bank looking for halves and dimes. I've been on a roll with silver the last couple of weeks and wanted to see if I could keep it going. I asked my friendly teller for halves and he says, "Sure, you want anything else?" I say, "like what?" He says, "we had a penny collection come in the other day. Some guy got his father's penny collection passed on to him and he didn't want it. Looks like a lot of stuff from the 60's and 70's". I said, "absolutely! I'll take them all!" He brings out about $20-25 in old rolls marked with bank names that don't exist anymore.

I haven't had a chance to look at it all, but at first glance there are full date and mint mark rolls. One of the rolls was loose on the end and two pennies fell out. They were MS uncirculated 1968d's. Beautiful looking coins!

There are lots of "s" mint rolls.

What should I do with this? Keep them sealed in the rolls? Should I open then and look for errors?

Rackster, you would die if you saw the "s" mint rolls!
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Mr Click's Avatar
United States
964 Posts
 Posted 06/30/2014  3:05 pm  Show Profile   Bookmark this reply Add Mr Click to your friends list Get a Link to this Reply
First things first.... Here's what I would do...

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mgillette's Avatar
United States
374 Posts
 Posted 06/30/2014  3:12 pm  Show Profile   Bookmark this reply Add mgillette to your friends list Get a Link to this Reply
I would weigh your options by looking at the potential cost benefits of searching them. If they currently carry no premium over what you could get if you re-rolled them, which is what I would suspect, search them.
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skibdib's Avatar
United States
1157 Posts
 Posted 06/30/2014  3:22 pm  Show Profile   Bookmark this reply Add skibdib to your friends list Get a Link to this Reply
i like the sounds of this story! congrats! the squeaky wheel gets the grease!
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BadThad's Avatar
United States
19968 Posts
 Posted 06/30/2014  3:33 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Awesome! Rip 'em open!
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John1's Avatar
United States
56855 Posts
 Posted 06/30/2014  3:42 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I say open them and look for errors and varieties and any high grade ones. You could also get a folder and start a set.Do you know and kids that might be interested in them?
John1
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Mr Click's Avatar
United States
964 Posts
 Posted 06/30/2014  4:40 pm  Show Profile   Bookmark this reply Add Mr Click to your friends list Get a Link to this Reply
It is always nice to pick up somebodies unwanted coin collection.
Edited by Mr Click
06/30/2014 4:40 pm
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Agrippa's Avatar
United States
663 Posts
 Posted 06/30/2014  7:19 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
Well, here it is!


What-Should-I-Do-With-This?


What-Should-I-Do-With-This?

What-Should-I-Do-With-This?

Here is that open roll.


What-Should-I-Do-With-This?

What-Should-I-Do-With-This?

Some samples from that roll.


What-Should-I-Do-With-This?

Most of the rolls are from "United California Bank" with a couple from B of A.

Inventory:
9 Unknown rolls
2 1966
3 1968s
7 1968d
1 1969d
4 1970d
3 1970s
11 1971s

So now what do y'all think about opening them?
Edited by Agrippa
06/30/2014 7:20 pm
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jbuck's Avatar
United States
189502 Posts
 Posted 07/01/2014  12:23 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Open them. Open them all.

Nice finds so far. I am sure there are more.
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Danhelmick98's Avatar
United States
330 Posts
 Posted 07/01/2014  09:17 am  Show Profile   Bookmark this reply Add Danhelmick98 to your friends list Get a Link to this Reply
You're lucky man. I'm still waiting for the day that I get someones collection.
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Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 07/01/2014  09:48 am  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
Excellent finds so far, I am sure better finds are yet to come in those rolls.
Open all of them and tell us what you've got. Who knows, there's every chance that it may have some BU wheaties in there.
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whit3's Avatar
United States
76 Posts
 Posted 07/01/2014  1:55 pm  Show Profile   Bookmark this reply Add whit3 to your friends list Get a Link to this Reply
Open 'em up!

Back when I was a new coin collector, I opened up a couple of rolls of cents that my Dad had bought before I was born for playing penny ante poker. They were all 68-D and were in beautiful condition.
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machine20's Avatar
United States
1280 Posts
 Posted 07/01/2014  7:49 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Great Find! I purchased some of those a few years back for about $1 each
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Silver Eagle's Avatar
United States
858 Posts
 Posted 07/01/2014  11:02 pm  Show Profile   Bookmark this reply Add Silver Eagle to your friends list Get a Link to this Reply
Awesome topic- I've been waiting to hear everyone comments on this.

About 10 years ago when I started off in banking, I was a teller and in charge of placing the weekly currency/ coin order for the branch . Of the 12 boxes of pennies I ordered for the week, 8 boxes were all uncirculated from 1960 to 1984-all sorts of mint marks, some even in actual Federal Reserve wrappers... I specifically remember Kansas City Fed rolls. I bought all 8 boxes and still have them. I always wondered if I should open them or not? I do have 6 rolls of the 1969 S and would love to know if I have one of the elusive double dies. I also got about 25 rolls of customer wrapped wheats in those boxes too ... But only those were non machine wrapped. I'm still amazed at how many original wrapped rolls I found that day. You truly never know what you will stumble across .
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Finn235's Avatar
United States
6130 Posts
 Posted 07/02/2014  12:10 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I don't think I could get a roll of BU 1970-S cents and NOT look for small dates! The circulating supply was picked clean decades ago, but I think you have a real shot here!

Happy hunting!
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Petersun's Avatar
Canada
1700 Posts
 Posted 07/02/2014  12:56 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Open them, of course! Just make sure to protect those coins when they come out, to avoid quick toning.
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