Mint Bags of coins

Discussion in 'US Coins Forum' started by hogwash, Aug 21, 2020.

  1. baseball21

    baseball21 Well-Known Member

    Pretty much as there's only 15 of them at PCGS with 1 higher and that one was probably one of the 15
     
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  3. Mr.Q

    Mr.Q Well-Known Member

    Flip a coin but make sure it's double sided a win win situation know what I mean! Good luck...
     
  4. coin dog

    coin dog Well-Known Member

    I would leave the bag sealed.

    I have a sealed $200. Philly mint bag of 4000 1962 Jeff Nickels that I bought in 2010. I have no intentIon of opening it.

    I just bought the bag because it was a good price, and something I rarely saw. I paid $300.

    At the time, nickel was rising in price, and I thought it might be.more valuable at some future date.

    I bought the bag, and not the coins!

    In my opinion, I do not think it is worth the hassle to sort through A bag of common date, modern coins.

    But, everybody has a their own opinion on this.

    Please let us know what you decide to do.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If that bag of nickels were mine, I would be stacking them all over the table looking for errors, varieties and Full Steps.
     
  6. Mike Davis

    Mike Davis Well-Known Member

    Since I've never had one and always wished I could, I would have to open it.
     
  7. PassthePuck

    PassthePuck Well-Known Member

    I vote that you sell me the bag full of those coins of the '60s!
     
  8. coin dog

    coin dog Well-Known Member

  9. Silvergmen

    Silvergmen SILVER & MORGAN Obsessed

    I’m going to assume you are not a collector of that coin or you likely would have opened it already. If you want to make some profit don’t open the bag and sell it. You got a good price on it. If you know what your doing and want to take a “shot”at a larger profit then open It and start searching.
     
  10. Conder101

    Conder101 Numismatist

    I would sell it unopened (mention the PCGS prices for the MS-67 and 67+ coins) and hope to find a treasure hunter with stars in his eyes who doesn't understand probabilities.
     
  11. Jim Yates

    Jim Yates New Member

    Does silver corrode? I could see it staining or something but corroded?
    Thanks!
     
  12. medoraman

    medoraman Supporter! Supporter

    Oh heck yeah. "Toning" is a form of corrosion. It goes through the different colors, then to shiny black, then to matte black. When it hits this stage, it is corrosive to the underlying coin. I have dipped matte black coins and it was deeply pitted underneath the toning.

    Toning might be pretty, but if it continues it simply consumes the coin.
     
  13. Jim Yates

    Jim Yates New Member

    Thanks. I learned something. I didn't think Gold or Silver actually "corroded" I could see silver tarnishing but never thought it would pit the metal like regular steel would do.
     
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