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I Received 10 Bank Rolled 1990 Canadian Pennies On My Last Run Through Town.

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Rillionon's Avatar
Canada
91 Posts
 Posted 01/25/2023  5:10 pm Show Profile   Bookmark this topic Add Rillionon to your friends list Get a Link to this Message Number of Subscribers
Got these, and again, I am new, so I have no idea what to do with these. I mean I like collecting, but rolls, meh, I like opening them.
Don't worry, not opening these.

I do wonder if I can do something to preserve them as I do see some discoloration has happened, and after leaving the same environment after 33 years to my environment.

I was thinking in a ziploc with a silicon dry pack from shoes/3d printing rolls. etc..
I-Received-10-Bank-Rolled-1990-Canadian-Pennies-On-My-Last-Run-Through-Town.
I-Received-10-Bank-Rolled-1990-Canadian-Pennies-On-My-Last-Run-Through-Town.
I-Received-10-Bank-Rolled-1990-Canadian-Pennies-On-My-Last-Run-Through-Town.
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chadcoins's Avatar
Canada
1159 Posts
 Posted 01/25/2023  5:19 pm  Show Profile   Bookmark this reply Add chadcoins to your friends list Get a Link to this Reply
Those rolls a very scarce, $70 per roll at Colonial Acres and out of stock. Highly advise putting them in a 5ct coin tube, they fit perfectly with the wrap and air tight.
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Rillionon's Avatar
Canada
91 Posts
 Posted 01/25/2023  5:28 pm  Show Profile   Bookmark this reply Add Rillionon to your friends list Get a Link to this Reply
Is it possible to get rolls graded?

Probably to many variables with not seeing all the coins. and these have no marks, just vacuum wrapped, but in line with other Canadian bank rolls.
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Rillionon's Avatar
Canada
91 Posts
 Posted 01/25/2023  5:31 pm  Show Profile   Bookmark this reply Add Rillionon to your friends list Get a Link to this Reply
To correct my first post, the damage on the coins, or discoloration on a couple rolls were on there from the bank. just worried about more changing environments.
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SPP-Ottawa's Avatar
Canada
10456 Posts
 Posted 01/25/2023  6:55 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
Is it possible to get rolls graded?


Do you mean all 50 coins in the roll? Why?
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Canada
1984 Posts
 Posted 01/25/2023  7:07 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
Unless you are a cent collector, I would send them to TCNC or Colonial Acres and consign them to an auction. Maybe split into 2 lots. You will likely get like $400.

There are many here who would gladly buy them from you but it is not allowed till you have 50 posts.

To grade them, you would need to open them, select the best and send to ICCS or PCGS. If you are typically lucky, you will get around 1 or 2 good coins per roll that maybe if you are lucky you will sell at a profit after paying for grading. You may strike out and just get MS64 type stuff which will sell for less than you will pay ICCS. So unless you are planning to open them and keep the best for your own personal ultra grade cent collection, I would just sell them to someone who will pay for the chance that they will find a solo finest in there.
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Rillionon's Avatar
Canada
91 Posts
 Posted 01/26/2023  1:26 pm  Show Profile   Bookmark this reply Add Rillionon to your friends list Get a Link to this Reply
@Smallcentguy

Besides the end coins, and a few small spots where I suspect some air perferated the roll I would guess out of the 10 rolls I have maybe 50 of the 500 would have any sort of "damage". unless there is stuff goin on between the cents that I cannot see of course which is completely possible.

Not at all arguing with you, lol I am sooo new to this, just gathering info. But would I not expect more than one or two? By my very laypers veiw they mostly appear in immaculate condition.

And yeah, totally cool with the selling rules. I will not be selling anything until I get all my ducks in a row.

I have a good line on coins, I have picked up a few hundred dollars worth already. and a shop owner here has been collecting from our banks since Canada stopped making pennies. I know he has a bit of a pile. just have to work out how to sweet talk him. He is a really cool dude, and collect the coolest stuff, so its just neat chatting to him.
But I have a ton of coins to go thru before I am selling.

I do have a couple of these on auction on ( well the big selling site we all love) to test the market a bit, and maybe add to the hobby fund.

I'll be happy when I get my scope and can take proper photos and start really looking for errors and such. It is such a zen hobby.
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Rillionon's Avatar
Canada
91 Posts
 Posted 01/26/2023  1:30 pm  Show Profile   Bookmark this reply Add Rillionon to your friends list Get a Link to this Reply
@SPP-Ottawa

I was thinking the unopened roll itself is of value, IF all the coins inside can be confirmed I guess is the big issue.
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Canada
1984 Posts
 Posted 01/26/2023  4:22 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
Your rolls look very typical.

The fact you have unopened rolls does not mean you have great quality coins inside. They will have "bag" marks from being processed at the mint. They may have oil residue or carbon spots. What you need to find is a coin that got through the mint without any bag marks or other flaws. This is like looking a needle in haystack even when starting with rolls like these.

I have gone through 100s in the pandemic. Most of the rolls I open end up as junk which I try to resell for $1 or so.

Out of 10 rolls or 500 coins, you might if you are lucky get a single MS67 by PCGS standards. You more likely will get none, as none have been found so far and no doubt 100s or thousands of 1990 rolls have been searched.

You might get 10 ICCS MS66s, but you might send in 30 coins to ICCS to get them at a cost of $500, so that is still a money losing proposition.

Rolls are not scarce per se. They are only scarce in large quantities at close to face value.

Edited by Smallcentguy
01/26/2023 4:36 pm
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chadcoins's Avatar
Canada
1159 Posts
 Posted 01/26/2023  4:58 pm  Show Profile   Bookmark this reply Add chadcoins to your friends list Get a Link to this Reply
smallcent - I was lucky enough too to get 3 1992 new rolls from the bank just recently of that erra and opened them. heres my take on 30 year old rolls.

Lets go back to the day these coins were struck the unknown, was it a day of rain and high humidity or sunny and low humidity. I think the biggest problem is when rolls get shrink wrapped trapping and sealing high humidity in between the coins and no help with the shrink wrap to breath, causing the copper to self destruct. The moisture has no place to go. I went through a 1988,1989 and 3 1992 rolls the other day and not one salvageable coin with out corrosion spots. The 1990 rolls look good from the out side but whats in the inside. Rillionon check all your ends first that the first step. I think shrink wrap pennies have a short shelf life when searching for gems. We ate soggy corn flakes out of the box on a rainy day,

just my thought!
Valued Member
Rillionon's Avatar
Canada
91 Posts
 Posted 01/27/2023  12:55 am  Show Profile   Bookmark this reply Add Rillionon to your friends list Get a Link to this Reply
Great thinking on that, I may need to do a little exploratory surgery on one of the more damaged roles.

Before I do so, any tips, pointers, stuff I might not know to do or not do?

I'll post a video when I do it.
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mcshilling's Avatar
Canada
9159 Posts
 Posted 01/27/2023  09:58 am  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
I do agree open one roll and see what you have, it will give you a better idea of what you have.
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Canada
1984 Posts
 Posted 01/27/2023  10:06 am  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
You have to understand that what you are looking for is perfection. A visibly 100% red cent is not by any means perfect.

You will need to get a decent quality loupe. The grading standard is I think 10x but I use a stronger one because I want to ensure that I catch any defects that are even close.

The hard part that, frankly, you will have no real hope of succeeding at, is that you have to understand from a long history of reviewing and submitting cents for holdering what exactly is likely to be a MS64 vs MS65 vs MS66 vs MS67. If you use a strong enough loupe all coins will have some sort of marks. So the key is to understand just what passes muster and what does not.

If you want to go down this path, I would open one roll, very carefully sort through, and submit the best one to ICCS for grading which will cost you like $25 or something like that. But then you will know where you stand before you go further.

When you open the roll, you must open and remove the coins one by one. This is painstaking. If you open it all at once and spill it on the table, you have likely pretty much wrecked whatever you had before you started.
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chadcoins's Avatar
Canada
1159 Posts
 Posted 01/27/2023  10:44 am  Show Profile   Bookmark this reply Add chadcoins to your friends list Get a Link to this Reply
Yes totally agree with you all. Good luck with your rolls.
Valued Member
Rillionon's Avatar
Canada
91 Posts
 Posted 01/27/2023  10:55 am  Show Profile   Bookmark this reply Add Rillionon to your friends list Get a Link to this Reply
"You have to understand that what you are looking for is perfection. A visibly 100% red cent is not by any means perfect.

You will need to get a decent quality loupe. ........................................................................ This is painstaking. If you open it all at once and spill it on the table, you have likely pretty much wrecked whatever you had before you started."

Thank you for the feedback. I have a decent usb scope on the way, today fingers crossed, I have surgical like reflexes from many different hobbies from the past. lol I hope, 3d printing, prop making, etc....

I have a set of silicone covered tweezers I made by dipping in silicone so I can pick pennies, and I glove up after few choice words from a member of another forum. lol

Would the environment effect this? more than likely I would imagine. I live in a rain forest, things rust in days, usually sub par metals, but still.

So would cranking the heat up and drying out the room a bit be helpful or harmful? I would assume helpful.

I'll only be doing this when I get my set up complete.
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