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theo
Penny Hoarding Member
   
 USA
588 Posts |
Posted - 08/20/2010 : 00:05:43
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I have one (possibly two) boxes of what appear to be uncirculated 2009 LP2s in shot gun rolls. Do they have any value above face or should I just return them to the bank?
Thanks.
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Ejunkulator
New Member

USA
12 Posts |
Posted - 08/20/2010 : 00:13:56
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I wouldn't think so right now. Seeing as how anyone who wanted a few rolls would have gotten them from the bank when they came out. Couldn't hurt to hang on to a few of them though. |
"Paper money eventually returns to its intrinsic value --- zero." Voltaire (1694-1778) |
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 08/20/2010 : 00:40:34
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I would trade you something for them.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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slickeast
1000+ Penny Miser Member
    

USA
2533 Posts |
Posted - 08/20/2010 : 00:44:36
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Never return uncirculated coin to the bank. someone is always willing to buy or trade for them. |
You don't have to be the BEST you just have to be.......SLICK
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theo
Penny Hoarding Member
   

USA
588 Posts |
Posted - 08/20/2010 : 00:46:03
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I'd be willing to listen. |
Edited by - theo on 08/20/2010 00:48:03 |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 08/20/2010 : 11:09:15
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Dump! LP4 P's are the only ones worth any money. |
Copper Penny Investing www.portlandmint.com |
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wolvesdad
1000+ Penny Miser Member
    

USA
2164 Posts |
Posted - 08/20/2010 : 12:29:48
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kinda strong on that Highroller.
Yes, the market is much softer, most collectors have their rolls already. But there are always new collectors entering or expanding that decide they want a roll of uncirculated cents. |
"May your percentages ever increase!" |
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fb101
Administrator
    

USA
2856 Posts |
Posted - 08/20/2010 : 14:16:44
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Sell them. There are so many in the hands of investors that 200 years from now they'll still be worthless. |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 08/20/2010 : 14:51:43
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quote: Originally posted by wolvesdad
kinda strong on that Highroller.
Yes, the market is much softer, most collectors have their rolls already. But there are always new collectors entering or expanding that decide they want a roll of uncirculated cents.
Theres no since tieing up $$ that will never increase in value... |
Copper Penny Investing www.portlandmint.com |
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Aristobolus
Penny Sorter Member


76 Posts |
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Roadrunner
Penny Collector Member
  

USA
413 Posts |
Posted - 08/20/2010 : 15:02:28
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I doubt it'll sell. |
Selling rolls of ultra-rare 1956-1958 wheat pennies for a mere $5 shipped.  |
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Red King
Penny Sorter Member


USA
27 Posts |
Posted - 08/20/2010 : 19:22:38
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Same conundrum here. Every 2009 I keep, regardless of condition. The reason is simply collector value-they're not making any more.
On the flip side of the coin (no pun intended), they are held by virtually everyone that wanted to collect them.
Howevcer, consider that over the years, collectors may need to sell; or they may pass them to someone who in turn may cash them in. They end up lost, destroyed, deteriorated, etc.
It may be a waste of time, but maybe not.... |
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Kiwiman
Penny Pincher Member
 

225 Posts |
Posted - 08/21/2010 : 09:47:48
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quote: Originally posted by Red King
Same conundrum here. Every 2009 I keep, regardless of condition. The reason is simply collector value-they're not making any more.
On the flip side of the coin (no pun intended), they are held by virtually everyone that wanted to collect them.
Howevcer, consider that over the years, collectors may need to sell; or they may pass them to someone who in turn may cash them in. They end up lost, destroyed, deteriorated, etc.
It may be a waste of time, but maybe not....
If you keep them because they're not making them anymore why not keep every year? Of course 2009 does have low mintages but IMO I think unless you have the money to tie up you should just keep copper, If you don't need the money then you might as well go for it, you can't loose anything! |
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Kiwiman
Penny Pincher Member
 

225 Posts |
Posted - 08/21/2010 : 09:49:39
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quote: Originally posted by Aristobolus
Let's see how one does: You must be logged in to see this link.
I would think they might go for $5-$10 over FV but that shipping might eat up your possible profit, can a box fit in a small FRB or are the dimensions just not right? |
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Roadrunner
Penny Collector Member
  

USA
413 Posts |
Posted - 08/23/2010 : 08:35:30
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quote: Originally posted by Roadrunner
I doubt it'll sell.
Oh man, it sold. (foot goes into mouth) |
Selling rolls of ultra-rare 1956-1958 wheat pennies for a mere $5 shipped.  |
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