Uncirculated $50 penny cases

Discussion in 'What's it Worth' started by JeepNick, Nov 26, 2005.

  1. JeepNick

    JeepNick New Member

    My Grandfather got these cases back in 1980 for some reason. Apparently he thought that the 100% copper pennies would have some value. They have recently been given to me. i do not really have any use for cases of pennies. I am curious if they hold any collector value, or should I just take them to a bank.

    Here are some pictures.

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    Thank you for any help.
     
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  3. Charlie32

    Charlie32 Coin Collector

    Can you see the coins on the ends? If they are uncirculated, they are worth more than face value.

    Charlie
     
  4. JeepNick

    JeepNick New Member

    Yes I can. We opened a case and they are all 1979.
     
  5. JeepNick

    JeepNick New Member

  6. Charlie32

    Charlie32 Coin Collector

    Wow, how many cases do you have? A $50 Mint sealed bag of 1979 cents sold on ebay for $104.00. Your coins should be worth somewhere in that ballpark.

    Charlie
     
  7. JeepNick

    JeepNick New Member

    I have 20 cases total. Is ebay a good place to sell these or should I look for a local coin shop?
     
  8. run_run_run

    run_run_run New Member

    Look at this , people will pay over face on ebays for rolls. You could make a little money.
     
  9. Charlie32

    Charlie32 Coin Collector

    If you sell to a local shop you won't have to deal with freight hassles, but you won't get as much as you would selling them online. Also, I doubt a local shop would want more than one case.

    Charlie
     
  10. Speedy

    Speedy Researching Coins Supporter

    A coin dealer won't give you much for these unless he #1...has a buyer or #2...deals in Cents....
    Cent rolls aren't something that people buy everyday.
    I would put them on ebay.

    Speedy
     
  11. satootoko

    satootoko Retired

    If you can find them, there are probably collectors of bank memorabilia who would be very interested in your Riggs National Bank wrapped cents.

    RNB was acquired about a year ago by another bank as a result of its severe money laundering problems involving Chilean dictator Augusto Pinochet, among others. It had been the bank of choice for many foreign embassies, and with its predecessors had carried the personal accounts of about one-half of all U.S. Presidents, beginning with John Tyler in 1842.
     
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