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 Copper Penny Bullion Investing
 Buying rolls of pennies- your opinion
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Robarons
Penny Hoarding Member


USA
522 Posts

Posted - 09/30/2007 :  11:17:40  Show Profile Send Robarons a Private Message
I went to a flea market and a guy was selling 8 rolls of uncirculated/BU rolls of 1960-1963 for a dollar a piece. I picked them up and wondered would you guys have done so? And if you could buy pre-1982 penny rools circ. how much would you pay? .65 cents? .75 cents a roll?

Also I found that someone forced in a nickel into a penny roll I picked up from the bank. I didnt know that was possible without breaking the roll. Has this ever happen to you guys?

centsless
Penny Pincher Member



119 Posts

Posted - 09/30/2007 :  17:53:31  Show Profile Send centsless a Private Message
i would have, but out of numismatic reasons rather than hoarding reasons.there are alot of minor errors in the 60 and 61 years. i assume these rolls were not in the original wrappers?
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Robarons
Penny Hoarding Member



USA
522 Posts

Posted - 09/30/2007 :  19:02:17  Show Profile Send Robarons a Private Message
they are plastic tubes sealed by tape
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Epaphras
Penny Collector Member



USA
382 Posts

Posted - 09/30/2007 :  22:10:40  Show Profile Send Epaphras a Private Message
I wish I could find a deal like you had! All the flea markets and coin dealers I go to want $1.00 for each uncir. coin, $50 a roll. I tell them why would I do that when I can find AU in bank rolls? No surprise no one has purchased them yet. I would have jumped on that with no second thought. You got a good deal with copper prices where they are now and in the condition you got them.
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horgad
1000+ Penny Miser Member



USA
1641 Posts

Posted - 10/01/2007 :  07:19:23  Show Profile Send horgad a Private Message
I would go about 75 cents a roll for any UC copper pennies, but I'm a copper hoarder not a penny collector.
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