Well I have a 1962 D OBW roll of pennies. I bought them on eBay, close to a year or so ago, with pictures advertising both ends to be toned, and they are, but only under certain angles. I've always been curious to see what was inside. My question would be, should I open it? This isn't a really 'serious' thread as I doubt I have a MS70 in there, or that the OBW penny rolls from 1962 are that valuable. I set up a poll with YES or NO, vote and tell me why you voted the way you did. Thanks gang, this may turn out to be neat, you guys are kind influencing my decision as well.
No brainer, open it up and see what's inside. There might be a variety or MS-66+ gem. I've cracked open nearly every OBW I've bought. Sadly, a good majority of them were ruined due to improper storage, especially Zincolns. However, I've found some nice varieties and gems too. Additionally, it's better to store the coins in a tube for the long-term.
Travis: I voted no because I am unsure if there is anything of value variety-wise for 1962-D Lincolns. I can't say I have ever seen one listed in the mainstream guides. Personally, if there is any value above face for this roll, it is because it is an OBW roll. Once you open it, the coins are worth 50¢ total.
I'm so tempted and I'll probably end up doing it. Ya just never know what you could find... Well I got it near face, so it won't be a total loss, and if there are too many marks on the coins, making them low MS, or the toned ones aren't nice enough to be graded, or there are no varieties in the roll, I could always just toss it back into circulation.
Absolutely not! Sometimes the what if is better. Even if you find the holy grail, would you value it more than that roll you have? Sounds like it has sentimental value. Wait at least 9 more years.
open the roll you might get some nice coins or some cruddy ones. Its like gambling you never know what happens unless you try.
i would open it. you paid close to face so at worst you loose a few cents. at best you could get lucky and find a gem or maybe a few!
No, it's worth at least CDN ask value, not 50¢. MS Lincolns (no matter what year) are worth above face, maybe not to you, but to a collector they are. I see almost all years at coin shows for 25¢ and up.
I voted YES! Okay, let's assume they're only worth 25c each. That's only $12.50 which surely won't put a damper on your retirement plans. There are a couple of RPM's and a DDR listed for this date/mm. What if there were 2 or 3 of them in the roll? Obviously, this won't enhance your retirement plans, either, but it will at least give you some satisfaction knowing whether there are any neat finds or not. Chris
Thad, I see many things at coin shows that are overpriced as well. You will have a hard time selling these coins for anything over face. The dealers that you see at shows likely paid face for them, the 25 cent price likely more reflects the price of carrying the inventory than the actual value of the coins. Can you find 5 people to buy one of these at 25 cents apiece? I don't know if I can.
Okay guys, well I opened the roll. I don't have any MS67's in here, maybe a few with a shot at MS66. Many that look very clean have spots on the reverse that are major let downs. I've attached the pictures of the one end roll toner, along with a picture of all of them together. I couldn't find any RPM's or DD's or any kind of other error. Enjoy y'all! It was worth opening that is for sure! I think I might even want to buy some more OBW rolls, just for the heck of opening it, even though this was low risk it was fun!
I think it was worth it too, just the anticipation of what might be in there delivers some satisfaction, thrill of the hunt.
Indeed....you never know. Most of my rolls have been duds, but some of them have been amazing. My favorite score was an OBW roll of 1968-S. I pulled an MS-68, well-struck beauty from that roll, it's an AMAZING and clean EDS coin with full steps. I also got 5 others that were 66/67 with full steps which I resold for good money. I've probably opened at least 20-30 1968-S rolls, but this one was the ticket.