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

Discussion in 'Coin Chat' started by WhipperSnapper 88, Sep 19, 2017.

  1. TheMont

    TheMont Well-Known Member

    It's where you live. If you're located East of the Mississippi you'll most likely get 2017P Cents, if you live West of the Mississippi you most likely get 2017D Lincoln Cents. My brother lives in New Jersey so he was able to go to his local bank and get the rolls for me at face value.

    As to the comparison of the Bicentennial Coins to the 2017 P Cents. The General Public knew about the Bicentennial Coins and they were issued for two years. The 2017 P coin looks like any other coin to the General Public so the only people saving them will be collectors.
     
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  3. Chewmassa

    Chewmassa Now where could my pipe be?

    Really? I find them all the time in circulated bank rolls.
     
  4. bhh

    bhh Well-Known Member

    You would think so... I live east of the Mississippi...actually in Mississippi and EVERY SINGLE ROLL of "new coin" delivered by Loomis to local banks is D. I was lucky enough to have a very nice coin talk member send me a few P- rolls of cents, but around here any "new" P coins are rarer than a soup sandwich. I don't understand why this is the case since Philly is so much closer than Denver, but go figure.
     
  5. TheMont

    TheMont Well-Known Member

    The Mississippi River used to be the rule, but maybe with the San Francisco Mint no longer making circulation strikes, the line may have been moved further West.
     
  6. Sundance79

    Sundance79 Active Member

    I think that the only way you might strike it rich with your rolls would be if you were able to open the rolls up and pick out some that were professionally graded and slabbed at grades of MS67 or higher. Otherwise save them and perhaps give them to your grand kids and when they are old and grey perhaps they might be worth something.
     
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  7. No, I think you're making a leap there. It might just be your area. I live in Ohio and 2017 P's are very easily found in my pocket change. On the other hand, i've yet to find a 2017 D to put in my album and theres nothing special about those.

    What state do you live in?
     
  8. The truth is people are just venturing their best guess. Even the most knowledgeable numismatists cant tell you with 100% certainty what any given coin might end up being worth in the future. There are simply too many unknowable variables to factor in to the equation.

    Thats not to say I doubt what the fine folks here are saying, it makes a lot of sense. Bottom line though, if you have the space to store them and the desire to do so, go for it.
     
  9. bhh

    bhh Well-Known Member

    I know nothing about this subject in any official capacity so I certainly defer to those with more knowledge, but If the line had moved further west then it seems that we here in Mississippi would for sure be receiving P mint, but we only get Denver. As I said, it's baffling to me...I was in Chicago last month and P-mint coins were everywhere. No idea why we don't get P mints here. I have YET to find a 2017 p dime for my dime album, and I only recently (Within the last month or two) found a 2017 p nickel for my nickel album.
     
  10. ...and the only people who will want to buy them are collectors...

    Catch 22
     
  11. Sundance79

    Sundance79 Active Member

    That's just a bit odd, as I live just 45 miles east of San Francisco and just the other day I had three 'P' pennies in my change. Didn't think anything of it at the time.
     
  12. Chewmassa

    Chewmassa Now where could my pipe be?

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  13. TheMont

    TheMont Well-Known Member

    People traveling around the country tend to spend change they got in their home state.
     
  14. Conder101

    Conder101 Numismatist

    Well there are a LOT more rolls of 2017 P cents being socked away than are typically hoarded, and if they do something like 9 billion coins and one tenth of one percent of the rolls produced get hoarded, that would mean that say 20 years form now there will be 180,000 rolls of MS 2017 P cents out there to supply maybe 1 million collectors or nine+ MS coins for every collector in the country. If they only hoard one one hundredth of the rolls produced than it comes to about 1 coin for every collector. Doesn't sound to me like something that has a lot of potential.
     
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