Classic Realcent Archives
Classic Realcent Archives
Home | Profile | Active Topics | Active Polls | Members | Private Messages | Search | FAQ
Username:
Password:
Save Password
Forgot your Password?

 All Forums
 Bullion Coins and Metals Investing Forums
 Copper Penny Bullion Investing
 Cloth or Plastic bag - which to keep?
 Forum Locked
 Printer Friendly
Author Previous Topic Topic Next Topic  

Investin Cents
Penny Pincher Member


USA
129 Posts

Posted - 08/29/2010 :  04:59:25  Show Profile Send Investin Cents a Private Message
Poll Question:
OK, my Credit Union just switched to the new plastic bags from using the cloth bags. I have $50 in loose cents in a sealed cloth bag from the fall of 2009 & now I just picked-up a another bag this last week in sealed plastic.

The poll question is - which one should I keep for historical purposes, and why? I'd like to open one & sort it, but which one & why? The cloth bag weighs 30.0 lbs (gross - includes bag weight) vs 30.6 for the plastic, so the plastic should in theory have more copper. (How much does a plastic bag weigh? I know a cloth bag weighs about .4 lbs.)

Thanks all for your opinions!

Choices:

Keep the cloth bag of cents
Keep the plastic bag of cents
Keep both!
Open both up & search them!


Who Can Vote? Only Members can vote. You need to register or be logged in to vote.

Most recent book I've read: "Meltdown" by Thomas E. Woods Jr. Current book: "I.O.U.: Why Everyone Owes Everyone & No One Can Pay" by John Lanchester

dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 08/29/2010 :  07:36:43  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
open them and you can always put the cents back in the cloth bag
Go to Top of Page

Copper Catcher
Administrator



USA
2092 Posts

Posted - 08/29/2010 :  07:54:53  Show Profile Send Copper Catcher a Private Message
I use canvas bags to store pennies in...If you have a bunch you want to get rid of and they are blank and in decent shape let me know!
Go to Top of Page

rodebaugh
Penny Collector Member



USA
377 Posts

Posted - 08/29/2010 :  09:44:03  Show Profile Send rodebaugh a Private Message
open them both.....keep the cloth to put your coppers back in.

http://rodebaugh.ecrater.com/
Go to Top of Page

mauk13r
Penny Sorter Member



USA
60 Posts

Posted - 08/30/2010 :  12:13:39  Show Profile Send mauk13r a Private Message
Open them up keep the cloth for copper.
Go to Top of Page

Investin Cents
Penny Pincher Member



USA
129 Posts

Posted - 08/30/2010 :  15:47:05  Show Profile Send Investin Cents a Private Message
To clarify, the idea was to keep one bag "sealed" - "as-is" & unsearched - for future searching, say grand-kids, etc.

The cloth bag is more "old-school" but does it keep the cents free of moisture? The plastic is nice since you can peek before you search the bag, but is more "sterile" looking & doesn't look "historic".

Thanks!

Most recent book I've read: "Meltdown" by Thomas E. Woods Jr. Current book: "I.O.U.: Why Everyone Owes Everyone & No One Can Pay" by John Lanchester
Go to Top of Page

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 08/31/2010 :  23:59:53  Show Profile Send HoardCopperByTheTon a Private Message
The cloth will allow moisture to seep in. The plastic will degrade and probably has PVC.

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.
Go to Top of Page

commoncents
New Member



USA
9 Posts

Posted - 09/01/2010 :  00:11:43  Show Profile Send commoncents a Private Message
Any moisture already in the plastic bag is trapped there. The cloth bag allows internal moisture to exit. Pennies are not generally harmed by simple moisture - unless from salt water.

Buckle up - it makes it harder for the aliens to suck you out of your car.
Go to Top of Page

Sheikh_yer_BuTay
Penny Pincher Member



USA
232 Posts

Posted - 09/01/2010 :  06:28:31  Show Profile Send Sheikh_yer_BuTay a Private Message
If your purpose is to keep one bag for posterity (grandkids), keep the cloth bag. It will give them a greater sense of ancestry. "Gosh, Grandpa Investin Cents, they really printed the bank name on bags back then?!"

To help the cloth bag live that long... place it in a non-PVC, food grade, plastic bucket with a large moisture absorbing silicone bag, then seal tightly with a lid. The silicone bags are available at gun shops and I don't think the cloth will have a negative reaction to the plastic.

But if it were mine... I would just sort those suckers!

"The most fiscally irresponsible government in American history."
Mort Zuckerman, liberal columnist and former Obama speech writer
Go to Top of Page
  Previous Topic Topic Next Topic  
 Forum Locked
 Printer Friendly
Jump To:
Classic Realcent Archives © 2000-2010 Realcent.org Go To Top Of Page
This page was generated in 0.23 seconds. Powered By: ForumCo v3.4.05
RSS Feed 1 RSS Feed 2
Powered by ForumCo 2000-2008
TOS - AUP - URA - Privacy Policy