What would you do?

Discussion in 'Coin Chat' started by Collecting Nut, Jun 13, 2021.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    I just opened a box from 2017 ghost zi purchased but never opened. Inside was 50 rolls of 2017 cents. 25 rolls of P and another 25 rolls of D mint marked cents. They were labeled by a company that sealed the tube so they have never been touched.

    My question is: What would you do with them?
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  3. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Spend them,if they were from the bank i would at least search for errors but in this case im doubtful.
     
  4. Danomite

    Danomite What do you say uh-huh Supporter

    I would keep a couple rolls of each mint mark. There’s a few minor Doubled dies for this year, nothing really outstanding. I might search for those or a possible high grade coin. If you don’t want to search them, I’d probably put the rest up for sale. Someone will want them.
     
  5. JPD3

    JPD3 Well-Known Member

  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Someone correct me if I'm wrong, but isn't 2017 the first and only year that the Philly mintmark will be on the Lincoln cent?
     
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  7. Dean 295

    Dean 295 D.O.M.

    I do believe you are correct.
     
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  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    Yes you are correct.
     
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  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If that is the case, why open any of the Philly's? In the years to come, the rolls may be worth more. However, if you open them to search for a funky, minor doubled die you might just destroy the intrinsic value associated with the "one and only" Philly mintmark on a Lincoln cent. Just my two Lincoln cents!
     
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    Thanks Chris. I totally forgot that I had these. I have so many boxes of unopened envelopes, packages and boxes it’s going to take time for me to go through them. I bought but when they arrived I was working to many hours to deal with them. Now I’m starting to open them. Amazing what I’m finding. Lol
     
    love old coins, royster and Danomite like this.
  11. beaver96

    beaver96 Well-Known Member

    I would close the box back up and stick it back in the closet and forget it again, or go to a coin show and ask around and see if you could arrange a swap for a coin you want.
     
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  12. Jim-P

    Jim-P Supporter! Supporter

    I like the coin show idea. The effort to potential return ratio seems too high for me to want to look at them all.
     
    Collecting Nut likes this.
  13. John Burgess

    John Burgess Well-Known Member

    my opinion, people held the 2017 P like crazy and not gonna be any thing for a really long time.

    Just the basic roll from the bank, they sell on ebay for between $3 and $7 each for the Ps, the D's aren't anything special.

    so I'd think at the minimum 25 rolls, you could get $75 or better out of it.

    if the wrappers are on the rolls from the bank still then the coin tubes are nickel tubes. If it were me I'd probably save the tubes, and cash in the Ds after looking through them, then sell the Ps, starting at like $2.99 and not gouge on the shipping.
     
    Last edited: Jun 14, 2021
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  14. Jim Dale

    Jim Dale Well-Known Member

    Unless you are strapped for cash, I would hold onto them as they are, especially the "P" cents. My dos centavos.
     
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  15. Mr.Q

    Mr.Q Well-Known Member

    Some good possibilities Collecting Nut. You'll make the right decision, good luck. Always a pleasure to view your posts, thanks.
     
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  16. 1865King

    1865King Well-Known Member

    My first question would be, why did you buy them?
     
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  17. Jim Dale

    Jim Dale Well-Known Member

    good question.
     
  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    Low price point and speculation. Storage is not a problem. After 4 years I just unpacked them for the first time.
     
    love old coins likes this.
  19. VistaCruiser69

    VistaCruiser69 Well-Known Member

    I'd find a penny slot machine where there's lots of ice cold air conditioning & liquid refreshments.
     
  20. Mountain Man

    Mountain Man Supporter! Supporter

    Like 1865King asked, you are asking us what to do, but you bought them for a reason. Yes, I get the low price point etc., but what did you plan to do with them in the first place? I'd hold them until zinc prices skyrocketed. LOL
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    Lol
     
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