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US Coins Forum This forum dedicated to the discussion of United States Coins.

 
 
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Old 08-11-2007, 01:43 PM   #1 (permalink)
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Join Date: Jul 2007
Posts: 32
1972 Penny (lots of 'em)

Awhile back, I posted the following:

"2) A relative of mine (now deceased, and perfectly sane, by all accounts) went out sometime around 1976 and bought several hundred dollars worth of 1972 pennies. Not uncirculated or mint issued; he just asked the bank to roll up as many 1972 pennies as they could find and he bought them. No one seems to remember why. They remain rolled and untouched in several boxes ever since. Any ideas?"

Now that I've done some reading and understand a little more about collecting, I decided to crack open a $50.00 box of these pennies. Out of the 100 rolls, maybe about 5 of them were not 1972 pennies. They contained various dates from 1941-1973. Those are all circulated. The reaminder, however, appear to be mostly uncirculated 1972s. I searched through about 10 rolls to confirm this (and to see if there might be any double dies laying around).

So now here's my question. Would you leave the remaining uncirculated 1972s rolled as purchased, or would you go through them all? I would say most of them appear between about AU58 and MS64.
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