My dad has MULTIPLE mint sewn 1959 to present penny bags. Where do we look to find how much they are worth today?
Welcome to the forum! Most sources don't list mint sewn bags. An estimate is to find the value for BU roll and multiply by 100. The condition of the bags will have part to play, especially if they have moisture patterns. The bank's location on the bag will also matter, as certain varieties in certain years were more prevalent in some location more than others.Many are interested in sealed bags, so research and get estimates if you are intending to sell. If it is not a matter of need, put the bags in a safe dry area and leave them while you get information and experience. Jim
Thank you for the suggestions. Its not a matter of needing to sell for $$, but since he has been buying them from the mint since the 60's the space they take up is a problem.
The mint stopped putting coins into canvas bags for banks a long time ago. Now they are in huge bins for armor delivery companies like String, Guardia, etc. to deliver to banks in rolls incardboard $25 boxes. I am not sure the exact year they stopped the canvas bag, maybe someone else can add that or google it. Perhaps I am misunderstanding a little. Jim
hey bro if you got mint sewn bags you have to choose whither you want to do bulk sale by weight (i&e face value ) or by value (numismatic collectible value..) the latter require sorting everything.. now are these demarcate as to how much is in a bag??
I went back and looked and they are in mint sewn canvass bags with dates produced on each bag through 1995.
Five thousand pennys to the bag. If each bag has only one date wouldn't the only way to sort would put them into rolls. I can remember watching my dad do that in the 60's when I was little and it sure was time consuming.
you are better off leaving them in the bags since if you roll them any buyer will have to take your word for it that they have not been searched.
Ok, then 1995 must have been when the bags stopped. When you said to the present , that is where I got confused. Yes, I agree if you are going to sell them, sealed bag is the way to go. Of course the urge for a Lincoln collector is to open them anyway, in case they find a very sellable variety such as 1972P.
