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

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

  1. I went to the bank the other day to get some penny rolls to search and discovered they had a bunch of the 2017 P rolls full of brand spanking new shiny pennies.

    I had actually considered buying one of these rolls on ebay to put away and am now glad i waited. I snapped about ten of those buggers up and put them away.

    Just wondering you guys' opinion on the prospects for these rolls to appreciate in value? I figure in about 5 years or so these rolls might well fetch $10 apiece or more, given they're already trending at $3.99 on ebay.

    So, these rolls are unopened, bank wrapped, and full of uncirculated coins, just to be clear.

    What do you all think? What might the future value of 2017 "P" penny bank rolls be, if any at all? Doesnt matter to me either way but its interesting to ponder.
     
    Last edited: Sep 19, 2017
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  3. rickmp

    rickmp Frequently flatulent.

    With billions of them being minted, I don't see them ever being worth more than 50 cents a roll.
     
    dwhiz and LA_Geezer like this.
  4. True enough, billions are being made, but the amount that remain uncirculated in never opened bank wrapped rolls will be far fewer.
     
    NOS likes this.
  5. SchwaVB57

    SchwaVB57 Well-Known Member

    I agree with rickmp.
     
    Rassi likes this.
  6. rickmp

    rickmp Frequently flatulent.

    I don't think that they will appreciate enough to pay their rent.
     
    Chewmassa likes this.
  7. Lol, you're probably correct, at least not in our lifetimes, right?

    No matter, i just collected them because they are a one year thing and are historic in their own right.
     
  8. C-B-D

    C-B-D Well-Known Member

  9. Conder101

    Conder101 Numismatist

    In ten years I'd say about a dollar, fifty cents for the face value and fifty cents for the "dealer nuisance" charge.
     
  10. Kirkuleez

    Kirkuleez 80 proof

  11. Rassi

    Rassi #GoCubs #FlyTheW #WeAreGood

    Would I consider putting aside 1-2 rolls? Maybe. Anything more than that would be a waste of space...
     
    SchwaVB57 likes this.
  12. SchwaVB57

    SchwaVB57 Well-Known Member

    Agree! I save 2 unopened rolls of each denomination each year for both P and D mints.
     
    mikenoodle and ColonialCoin4 like this.
  13. LA_Geezer

    LA_Geezer Well-Known Member

    Historical significance? What did I miss?
     
  14. carpman98

    carpman98 Active Member

    Because they are different from the norm, many people will set some aside for the future only to find out they are still only worth their face value 50-60 years later. The supply will always be greater than the demand.
     
    bhh likes this.
  15. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    Not to be morbid, historical value might be sadly imposed by North Korea forcing melt value to be realized dependent on how well this UN speech goes today.
     
    LA_Geezer likes this.
  16. bhh

    bhh Well-Known Member

    I put a few up that I got for face value. The only hope of appreciation would be for gem BU coins, but with everyone...and I do mean everyone hoarding unopened rolls the supply will greatly outweigh the demand. I would almost be willing to predict uncirculated d mint rolls would be worth more in the future since no one is hoarding those. (Not that those either would be worth an more than a pittance.) Just my opinion
     
  17. bhh

    bhh Well-Known Member

    Wasn't trying to repeat your points...you were typing as I was typing apparently.
     
  18. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Not necessarily. Many are being salted away. They are a certain longer term loser.
     
  19. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    These were selling for high premiums, so lots of people are putting them away. I'm still waiting for my rolls of Bicentennial Quarters and Unc 1976 $2 bills to go up :happy:. Like others have said, put away a roll or 2 and spend the rest
     
  20. Mad Stax

    Mad Stax Well-Known Member

    They'll be worth no more than face value imho. Even in mint condition. Unless someone on the Bay ponies up for them despite their being only worth FV.

    A good example is the 1976 bicentennial quarters, many people held onto those 41 years ago hoping they would fetch a premium somewhere down the line. That line continues to stretch though, as I find AU examples in pocket change fairly frequently all these years later. Bring a roll of MS 1976 quarters to a dealer and theyll most likely politely decline.

    I see it being the same deal with these 2017P cents.
     
    Burton Strauss III likes this.
  21. Mad Stax

    Mad Stax Well-Known Member

    You beat me to the punch lol :facepalm:
     
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