Potential future value of 2017 "P" penny bank rolls?

Interesting...

What happens when you leave them in the paper? Does it break down and corrode the coins inside? Is there acid in the paper?

 

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You mean you've found enough to start a special jar? I cant find 2009 nickels or dimes to complete my folders to save my life!

Toss a couple of those bad boys my way, lol.

 

I had a good jar going, p's and d's for both dime and nickel needed some cash and cashed them in along with some other modern stuff I had been saving...now I'm rebuilding. I have plenty of 09 d nickels. Sad to say that's all I've been able to re-start the jar with.

 

My fourth child was born this year and I was considering putting away a box of brand new 2017 P cents for her, but instead would rather give her a $25 savings bond. As I doubt even within her lifetime 2017 P cents will ever be the better investment.

 

I may have already said this, but I just want to clarify...The way I see it, the problem with the 2017 P is that everybody and their uncle john is putting these away...and not just putting them away, but putting countless BU rolls away...thus even though it is a rather special coin, or at least a unique issue, the demand can NEVER catch up with the HUGE supply of BU coins...thus my point that in say 30 years a roll of 2017 BU Denver cents will be of more value than a role BU 2017 P cents. (although neither will be worth much) But what do I know...the guys on the Coin Vault are telling me that a hundred bucks for 50 rolls is the deal of a lifetime...yeah....they're probably right.

 

Save a few rolls that way you can save for grandbabies.

 

From their words in that other thread, I see, there is no misunderstanding. Rather, they've not understood. Also, there was no good explanation from my side. It is not so easy to explain even if my first language were English. So, I don't consider any personal issue, any heartbreaking on my or on their side.

While we are at it, at P penny here, let me say this, maybe, it'll be a little clear.
No, this Penny coin is not a collection coin. However, if having one only from it or two and having it in the pocket only is counted as collecting also, then, ok, the penny coin too is a collection coin. Since one One Penny Coin is to be in the pocket (no use in trade, no use in buy/sell) its value is "zero" as "C-B-D" said in previous page, even if its face value is 1, doesn't matter.
Its mathematical value of the Penny coin is 1 and since it is the "unit" of the currency there, it is "constant". And, its trade value is 0, zero that also means it is priceless. (scientifically and practically as I mentioned about its significance in "work safety" in another thread. Ok, that's enough for me today, late here in the night, good evening to there.)

 

Im at the point Im just gonna order the sets on ebay. I've seen them on there for 1.99 and under

i cant even find a 2009 P, and P's are rather ubiquitous in my area. D's are easily attainable in my area too, but they always take the longest and are the last ones i find in any given year. I have my albums almost full and only need a few in each to complete, and the few that Im missing are all D's ( except for the 2009's, of which I have neither )

 

I got the 2017 P Lincoln Cents at face value, so other than taking up a little room in a drawer, I think as a one year only issue, it's worth keeping a few rolls. I would not suggest you take them out of their bank wrapped rolls. Wrapped Lincoln Cents fit perfectly into the square plastic nickel roll holders, they will protect both the coins and wrappers from becoming damaged. As to their future value, I collected MS69 ASEs from 1986 to date, I wish I had not listened to the people who told me to not bother paying the extra money for the MS70 graded ASEs. Why? Check out what the early date MS and PR ASEs are going for in 70, and they are bullion.

 

Correction to above, wrapped Lincoln Cent rolls also fit into the square plastic cent roll holders and the round nickel roll holders, Sorry about that.

 

But if what you are trying to prevent is the acid in the wrapper from corroding the coins, it wont matter if they're in plastic tubes or not because the acid will still leach.

Im interested in hearing more opinions on this. After reading through the thread earlier I searched the net to try and learn more, but opinion seems split at best. To keep coins in their original wrapper, or not?

 

I saved 2 rolls of each P&D state quarter when they were issued and put them in tubes. Did this for environmental protection as well has keeping the paper from splitting during handling. I think it was good from the protection standpoint but I can't prove they are unsearched for varieties (if, for some reason, that adds to future value). My only regret is that I spent money on 200 quarter tubes.

 

The copper in the pre 1983 cents and the zinc/copper
alloy of cents 1983 and newer eventually reacts with the
paper. It maybe several years but the damage will occur.
I am not sure about nickel. I did buy a few 2006-2010
rolls of Jefferson nickels and I placed them into tubes when
they got to the house. All of my clad coinage is in tubes. I
bought rolls of silver dimes and quarters in the late 1970's
that were solid date Unc. rolls still in the paper wrapper.
Most of the coins had toned to some degree. While I enjoy
and collect toned coins I placed these rolls into plastic tubes
without the paper wrapper. These are my personal preferences
and experiences. Good luck with your choices.
P.S. Square plastic tubes are my choice.

 

I'll have to disagree with all of you. This the only year they put the P mint mark on them and is the only year they are going to as you all know. these aren't even close to be compared to the bicentennial quarter. In say about 10 to 50 years this penny sales for a big premium we who are holding onto them would cash in. If they don't what have we lost? (nothing)

 

I wouldn't worry about "acid" in the coin rolls, that has been taken out years ago. There are certain coins that are worth more in their original wrappers than if they are unwrapped and put into an inert plastic tube. To reiterate, I put wrapped cent rolls into square cent tubes or round nickel tubes. It protects both the coins and the wrappers. The 2009 Lincoln four cent set is worth a lot more, especially the first issue, in mint wrappers than taken out of the wrappers.

What's driving me nuts is I bought a box of the Bison Nickels from the 2005 Westward Ho Series and I know there is a variety in that coin, the speared Bison. I just can't bring myself to unwrap the Mint Wrapped rolls to check.

 

I don't think there is anything wrong with putting some away if you get them at face value, just don't plan on them being part of your retirement portfolio. My concern is that there are lots of people putting away lots of rolls of 2017P Cents. How many years/decades will it take for demand to catch up with the huge supply being put away now?

The Bicentennial Quarters were also a 1 year type that had a lot of public hype and collector frenzy.

 

James Williams, I hope you are right because I did put a few rolls away, as I do with most denominations when I get them for face at the bank. But please explain how the comparison to the bicentennial quarter is not valid. Also, with all the BU rolls being stashed away, (Many more than for a "normal" coin like for example the 2017-D cent) how is it that there will not be a huge supply/demand problem. This is a serious question and is meant in a cordial manner. Just would like you to expand on your previous comment a bit.

 

I'm confused. Right now, 1997 unopened BU bank cent rolls are selling on Ebay for $7-$8 per roll. So why shouldn't be expect 2017-Ps to be selling for at least that same amount 20 years from now?

 

Because fewer people saved unopened rolls of 1997 cents. There was nothing special about them to prompt people to save them. Everyone in the numismatic world is saving rolls of 2017P cents if they find them. Supply vs. Demand.

 

I have yet to come across a 2017-P in circulation. That's how many are being put away.