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 Replies: 13 / Views: 1,239 |
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Valued Member
United States
52 Posts |
So I went to the bank on Monday to get another box of cents. Got all comfy in my sorting chair, television on a good show, buckets all set up to the "keep, copper, cull" piles. Open the box and what do I find, 50 String and Son's wrappers with fresh 2011 P's. I was a little bummed. I haven't even cracked a roll, but on the end of each roll a lot of the cents have a small circular scratch that is just inside of the rim. My guess is that this is from the clamp and wrapping process. The question is, do I just open these and return them to the bank (my bank won't take rolled coins)....or do I toss them in the back of the safe? I'm positive that the visible damage decreases any value considerably, but how much? I only ask because I see people are buying fresh BU rolls on ebay for 2-3x face value...but with the scratches, I wouldn't consider these to be brilliant. |
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Pillar of the Community
United States
7840 Posts |
The damaged end rolls (just about any modern, machine made rolls) are only damaged on the ends (normally), so you would still have 48 of 50 fresh coins. However, I am fairly certain that 2011 cents are very plentiful, so I would hold on to a couple rolls, but I don't think that you have any great rarity there.
Edited by oih82w8
07/20/2011 08:57 am
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Bedrock of the Community
United States
20753 Posts |
 Spend them. We need more 2011 coins in circulation.  |
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Moderator
 United States
56855 Posts |
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Pillar of the Community
United States
4132 Posts |
Ooh, I'm glad there are some nice 2011 doubles. Makes me excited about searching pennies again.
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Valued Member
United States
406 Posts |
Quote:
Spend them. We need more 2011 coins in circulation.  Oh, and |
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Moderator
United States
188213 Posts |
to the Community! |
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Pillar of the Community
Egypt
3470 Posts |
to CC forum  |
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Valued Member
 United States
52 Posts |
Thanks for the responses....I just did the same thing, this time with a box of nickels. Nothing like sitting down in front of the tv with my sorting bins and going CRAP.
Gotta find a bank tomorrow that will trade them out for me. Most banks around here have coin machines though, so they won't accept rolled coin (hopefully they'll make an exception for shotgunned S&S rolls.
I don't spend money on anything but gas, my wife buys everything else. It's better that way.
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Pillar of the Community
United States
2651 Posts |
Keep 2 and turn the rest in...
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Pillar of the Community
United States
1151 Posts |
I'd save a few rolls and sell som of the rest. My local dealer has bought rolls from me often
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Valued Member
United States
52 Posts |
That's actually a good idea...I am going to stop in there tomorrow when I hit a new bank.
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New Member
United States
13 Posts |
That depends how old you are. If you are young, and can afford the %25, consider holding on to them. The crappy zincolns corrode so quickly, you may be happy you have them in 30-40 years. Will the US cent even be minted then? The second year of a new series... especially unsearched... could be a goldmine on ebay someday. |
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Pillar of the Community
United States
3592 Posts |
There are some nice DDO's and DDR's being found for 2011...search them ! |
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Replies: 13 / Views: 1,239 |
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Posted 07/20/2011 09:47 am
