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Replies: 17 / Views: 2,746 |
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Pillar of the Community
Canada
4911 Posts |
Poll Question
so as some of you have seen in my other thread: http://goccf.com/t/273711i recently acquired an original bank bag of 1977 cents from a CIBC branch with 48 of the 50 original rolls. I have gotten a few comments saying I should search the rolls but I personally would rather keep them intact and with the bag and lead seal they've been with for the last 40 years. my main reason for keeping them intact is they actually say "Canadian Imperial Bank of Commerce, 25 King St. W. Toronto. ONT." printed on each roll. and the bag itself has "please return to CANADIAN IMPERIAL BANK OF COMMERCE MAINBRANCH-COMMERCE COURT TORONTO ONT." so the rolls and bag go together perfectly and both have the actual bank's location on them..this to me is priceless and historic.. so what would you do in my shoes? I'm doing this more to gauge what our community would do and why than to actually decide whether or not I should open them. feel free to give your reason in the comments
Feel free to call me Will.
Edited by thedollarman 11/17/2016 11:27 am
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Pillar of the Community
Canada
581 Posts |
Curiosity kills the cat, and I've killed that cat time and time again
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Pillar of the Community
 Canada
4911 Posts |
and to those interested in the history..it's really worth googling the address these rolls have on them.
Feel free to call me Will.
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Pillar of the Community
Canada
3733 Posts |
so the rolls and bag go together perfectly and both have the actual bank's location on them..this to me is priceless and historic..
i think you answered your own question here.
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Pillar of the Community
Canada
5324 Posts |
Hate to say it, but your were intending to hold these rolls for another 40 years to double your money, crck them open, hopefully you find something unique as a nice error or similar.
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Valued Member
Canada
148 Posts |
If it was a roll of 1985 pennies, I'd crack looking for pointed five's but with 77's not much happening so I'd leave intact. Liquidating at a later date could work out better in rolls I think.
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Pillar of the Community
 Canada
4911 Posts |
Feel free to call me Will.
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Pillar of the Community
Canada
818 Posts |
I've kept 20 rolls of 69' cents and I've got 20 rolls of 1953s. It was a hard decision but being a younger collector like yourself I thought I couldn't lose if I kept them intact.
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Pillar of the Community
Canada
2187 Posts |
I said yes I would. But to be clear, I'd keep a few intact and the rest open.
Edit: The matching bag with the rolls is definitely a cool piece of history, but I wouldn't think you'd need 48 of them. As for value, I don't see them appreciate it much, so you'd be keeping them as a historic piece more than anything. So maybe I'd keep something like 5-10 rolls and the bag and open the rest
Edited by Paulsz 11/17/2016 1:54 pm
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Pillar of the Community
 United States
5029 Posts |
I voted leave them be. If down the road you want to sell them - the more rolls with the bag the better I would think. You have a pretty cool pairing and history right now. In my opinion.
Edited by scopru 11/17/2016 3:01 pm
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Bedrock of the Community
United States
11951 Posts |
I think I would break some of them, just to see what quality they are.
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Moderator
 United States
187702 Posts |
Break them all.  Why let someone else enjoy the experience? 
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Pillar of the Community
Canada
9155 Posts |
I have 8 rolls of new 77's that I got, I broke open 4 and what I found was great, die clashes, MD in date, doubling in legend and a lot of other minor differences. In the end it is your call but you will never know if you don't. Also you said that some of the rolls broke open so you don't have a full bag, so brake open a few more.
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Pillar of the Community
United States
1609 Posts |
I, personally, would crack open about a quarter of them, and keep the rest rolled.
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Pillar of the Community
Canada
3234 Posts |
I've got a few rolls of silver that I've never opened (yet)..so I guess there is no rush to. Now to be very bad  ..maybe you could undo a few stitches on a side or bottom seam on that bag...just for the fun..(my very bad)....I could sew it back together ..if necessary.. 
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Pillar of the Community
Canada
3049 Posts |
I did my own poll to the egg farmers of Canada.... they all said... GET CRACKING!!
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Replies: 17 / Views: 2,746 |