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Found At An Antique Store, Can You Educate Me

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firemandmc's Avatar
United States
80 Posts
 Posted 08/24/2020  09:46 am Show Profile   Bookmark this topic Add firemandmc to your friends list Get a Link to this Message Number of Subscribers
hi, found these at an antique store. Cant seem to find a lot of info online. Shoukd I keep them sealed or take coins out and put them in protectors? Thanks.
Found-At-An-Antique-Store,-Can-You-Educate-Me
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Nieuw's Avatar
United States
663 Posts
 Posted 08/24/2020  09:50 am  Show Profile   Bookmark this reply Add Nieuw to your friends list Get a Link to this Reply
These are mint bags that are used to store uncirculated or freshly minted coins for distribution. The P on the left bag denotes that these coins came from Philadelphia, whereas the one on the right denotes that these coins came from Denver
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EDM's Avatar
United States
292 Posts
 Posted 08/24/2020  09:52 am  Show Profile   Bookmark this reply Add EDM to your friends list Get a Link to this Reply
It's unlikely the dollar coins will ever gain value in your lifetime by being kept in their original bags. If it were me I would open the bags and take out the choice coins and spend the rest.
Edited by EDM
08/24/2020 09:53 am
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sel_69l's Avatar
Australia
21786 Posts
 Posted 08/24/2020  10:08 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
British radio comedy:-
The Goon Show - episode:
'The Great Bank of England Robbery'
The money bags had printed on them:-
"Bank of England Stop Thief !"
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hfjacinto's Avatar
United States
7276 Posts
 Posted 08/24/2020  10:20 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Its says they are Susan B. Anthony dollars. They are from Philadelphia and Denver. In Mint State they maybe worth a few more dollars than face. If this was me, I would pick the best and spend the rest. They aren't worth much and you can still get them at the bank (sometimes) in rolls of Dollar coins.
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ijn1944's Avatar
United States
19147 Posts
 Posted 08/24/2020  11:41 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
If coins are removed from the bags, please post pics.
Edited by ijn1944
08/24/2020 11:42 am
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Greasy Fingers's Avatar
United States
7018 Posts
 Posted 08/24/2020  12:17 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
check for high grades and spend the rest...do you pay face value for them? What year are they?
Valued Member
United States
182 Posts
 Posted 08/24/2020  1:28 pm  Show Profile   Bookmark this reply Add coin searching to your friends list Get a Link to this Reply
Have fun looking through the coins. How much did you paid for them, if you don't mind me asking?
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jbuck's Avatar
United States
188207 Posts
 Posted 08/24/2020  1:33 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Fun find. This is just my opinion... They might be worth more to some if they remained intact, but I would have to open and look at the coins!
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firemandmc's Avatar
United States
80 Posts
 Posted 08/24/2020  1:33 pm  Show Profile   Bookmark this reply Add firemandmc to your friends list Get a Link to this Reply
Thanks for all the replies. Still nervous about opening them though. I paid $30 each for them, so figured that was a pretty good deal. Still very new to collecting....
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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 08/24/2020  1:42 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
1. be careful the bags are probably worth a few bucks themselves empty and in nice condition.
2. what year are they? The picture doesn't show it. that said this is what the 1999 bags I think look like.

3. 1999 SBAs can be struck on the wrong planchet for the 2000 Sacagawea dollars. and if there it would be found int he P bag.
there's also uncentered broadstrikes to look for, clipped planchets, double struck in collar, or cladding problems that may or may not turn up if you open them.

Finally, Hopefully you didn't spend much more than face value, because in the end, each one is worth $1.00. $50.00 total unless something extreme turns up.

You can get a couple dollars or for each with plenty of time and effort selling them on ebay or something if they are in really awesome condition. mayb e up to $5.00 each. I don't kknow if it's really worth the work to do that though. Maybwe coudl get $50 a bag unopened, or $75 for the pair unopened on ebay if you paid close to face of course.
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United States
10284 Posts
 Posted 08/24/2020  3:16 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I have a pair of these myself and choose to keep them as is. I think there might be a bit more collector value in leaving them sealed since there was not and still is little interest in SBA dollars.
I think they contain 1999 dated SBA dollars because the earlier dated SBA from 1979 80 and 81 were packaged in $100.00 bags for use in commerce. These were made up for collectors and there are other type coins marketed in the smaller bags for collectors as well.

Found-At-An-Antique-Store,-Can-You-Educate-Me
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United States
10284 Posts
 Posted 08/24/2020  3:23 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Oh and $30 each was a good deal
See the recent sold prices here

https://www.ebay.com/sch/i.html?_fr...=1&LH_Sold=1
Edited by TNG
08/24/2020 3:25 pm
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nickelsearcher's Avatar
United States
15414 Posts
 Posted 08/24/2020  4:14 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Fun topic - let us know what you decide to do.

If you do open them, I wish for you that there are a few choice BU examples worth some premium and the wild hope that one of the known errors mentioned by Big-Kingdom turn up.

As a treasure hunter myself - I could not resist opening them to see what I can find - just saying.
Take a look at my other hobby ... http://www.jk-dk.art
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firemandmc's Avatar
United States
80 Posts
 Posted 08/24/2020  4:29 pm  Show Profile   Bookmark this reply Add firemandmc to your friends list Get a Link to this Reply
It is VERY tempting, thinking maybe keep one in intact and open the other
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 08/24/2020  6:42 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
If you do decide to open the bags the first thing to do is make sure you have a pair of cotton gloves handy (these are usually white). Any finger marks appearing on coins is an instant detractor to collectors.
life is a mystery to be lived not a problem to be solved
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