A question about a box of pennies.

Hello all,

I just got two boxes of cents from the bank. One was an empty box where I placed the rolls into, the other was full and sealed.

Do you think I should just list it on ebay as is it isn't opened or open it? After all, if its sealed and full of 2009's it won't be that much fun for finding errors.

Do most banks seal their own boxes?

Thanks,

Chas.

Edit: I just emptied out the second box (the one that was open) and the rolls that were already in there are all rolls (sealed by bank and not by the customers) of the LP4. LoL, what would be the chances of the entire sealed box being LP4?

 

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I got security rolled of the 2009P,1c, p3, I got only $10.00 worth out of the box at the bank. They showed unc on both ends. Got home and went through them. They were all mixed with older cents, about 33% old. So, what you think you got, may not be. I had fun anyway looking for any defects and proof like ones to keep. -O) Are they "P"s or "D"s?

 

I jsut opened up two single rolls that are in the pic about, all LP4 and uncirculated.

Now to open the box as I don't want to sell them on ebay only for the box to be opened and not be full of lp4's. I really do hate these coins as my eyes aren't trained for them yet.

Edit: LoL, just opened the box up, every roll is LP4 uncirc. Comedy, now to try to hit the bank before they close so I can change them up to get some older ones instead.

 

Are they "P"s or "D"? I have not found any here in the Atlanta, GA area.-O)

 

They're D's.

 

Ah well, better than buying them from the mint for almost double. I'll probably just save them.

 

Just out of curiosity, does anyone have a a guestimate when these coins will be worth something?

I have a total of 60 bank rolls right now, and it seems that the lady at the bank will keep giving me unopened boxes. I'm thinking about going back tomorrow and picking up another 10 unopened boxes.

Would it be worth it?

 

Either right now... while they are fresh and people want them, or if you wait then in a 100 years or so... IMHO. they are making waaaaaayyyy too many of these... and the territories quarters.... presidential dollars....state quarters... and so on...

 

sell them now. It is the only way they will be worth something in our lifetime.

 

What have you got to lose. Get them and sell them, sounds like you found a good bank, most of them I've asked won't give you a box..period (old or new). Count yourself lucky.

Lack

 

The Banks around me either dont have any or if they do you only get 10 rolls at a day, It just got to be a pain. The local coin dealer is getting $4.50 a roll wich is robbery.

 

If I had the "P" I would want to exchange. "P"s for "D"s. But right now I do not have any. We get the "P" here in Georgia. -O)

 

Uhhhhhh........

Take your pick:

1) They're common and it doesn't matter.

2) Roll the dice and take whatever small profit you can from people who don't understand scarcity.

 

Hey Saercher,

Seeing as you can't seem to get any D's in your area, if you want a few, I think we can work something out.

Three rolls; face value plus the shipping cost that is on the front of the envelope. No profit for me, but no loss either (hopefully ). Pm me if you want.

P.S. Not sure if I can say that there, if not, would a moderator please let me know, just trying to do a favor. Thanks, Chas.

 

I concur. IMHO if you can obtain a premium on any recently minted coin, roll, or mint product do it now. Two months from now those who are interested in buying such "hot" items will be focused on the new "hot" item. Everyone who waited will have the old "hot" item at face, the original price the mint was charging, or at the very most a modest premium.

 

I really haven't been paying much attention on ebay, but the lp3's were selling about 3X face. The first two were higher. And in the future if you get a new sealed box, it will say new on the box and there are usually enough rolls that have the obverse showing that you can ID the design and mint mark through the inspection holes in the box.
I found it easier to sell full sealed boxes on ebay. Thanks to usps flat rate boxes, shipping isn't very high either.

 

Define "something"

 

LoL, more than a cent.

Ah, no matter, I'm healthy and should be around for another 50 years (touch wood), I'll hold onto them for now.

 

the best chance for being worth more than a cent would be right now durring the hype, or in fifty years when the next cent comes out.

 

the boxes come from the federal reserve where a machine rolls and boxes them. the boxes are glue sealed. the banks have nothing to do with boxing up the coin. thats how they recieve them.