Hoarding bu rolls

[Earwig]

Just bought 213 bu rolls today official count 52.196 plus 208 sewn bags hope my kids live a long time

Eric

[Steven]

Dad, Dad, is that you Dad.

[eagames]

I hope you have a strong one level house with no basement!

Here's a funny one in the news, a hotel restaraunt coated with a million pennies! I would go nuts eating and looking for a DDO stuck on the walls!

http://www.centralvalleybusinesstimes.com/stories/001/?ID=3718

Another story, 20 million in donated pennies!
http://www.infozine.com/news/stories/op/storiesView/sid/19678/

[Earwig]

Theres a bar in Michigan that claims to have 100,000 pennys laminated within there bar and table tops. They have alot of BU 1995p pennys but i cant imagine them having more then 40000 bet there is a double die in there . The name of the resteraunt/bar is Bradys

Eric

[cladking]

It will be interesting to see how many current coins are being saved. With one cent coins there are very few people saving them but they're so cheap that one person can save a lot.

[coppercoins]

Cheap to buy, not necessarily cheap to store. Cents have become such a boat anchor that you can get into them into the hundreds of thousands and have them cost more to put in storage for the time it would take to make a profit on them than the profit would be to begin with. A bit of a discouraging thing.

The BIG meltdown happens when they first stop making cents, then demonitize them so we can't even spend them any more...that's when the country goes into a panic and cashes in all the doorstops and dust collectors. I don't know what I would want to do if they demonitized the cent - always been a fall back that they're still worth one cent each and I didn't give all that much more for them. They can sit until I look through them. But if I knew they'd be worth nothing at the beginning of next month, I think it might be time to load up the trunk.

[Earwig]

I save all i can get my hands on esp BU got about 30 bags of copper in the garage even got bout 3 bag of zinc im just saving it all atm worst case althe change will still be worth face. Thank god for trucks

Eric

[coop]

Cents like no moisture and little heat and not much cold. So keep that in mind in storing. Finger prints is another enemy of BU Cents. Spots come with age and moisture. So be sure to save what you are saving. keep them out of the duck pond. I try to put my rolls into tubes. Seems to work for me. Watch for used tubes when attending shows, as they are much cheaper than new ones. The older tubes with the screw on lids are nice. The older ones from the 60's with the slide on lid are nice as well as the ones with the slide on lid with a pin lock. Those are better. The square tubes that are soft are OK for Cents, but silver and clad coinage turns real fast in them as they much have PVC. Haven't noticed any problem yet with them on cents though. (Maybe I should check again??)

[Earwig]

All the good bu stuff is safe and i just store the old pocket change and circ stuff that i looked at out there . Maybe 1 day ill feed coinstar. but the bu stuff is in a 10x10 room that stays around 70 with 30 percent humidity. If i didnt know better i would say the humidy control was put there so i could collect cigars but that hobby cost to much . At least for me not to mention i kept them to smoke

[rollmeupabe]

I heard some great news. Coinstar now gives you 100% for your coins if you convert the value to a gift card for something like Dunkin Donuts or some other stores. This would be a no brainer for me since I stop there on the way to work every morning.

[cladking]

The melting bans have all been lifted once the FED has swept all the coins possible from circulation. This could take up to twenty years though. With the metallic value of all cents now over 1c the ban (or demonetization) isn't of particular concern unless you have a lot of cents. Copper is of widespread interest to sculptors and a few others who work in copper so these shouldn't be difficult to use. Zinc is tougher since most uses are industrial such as in the production of galvanized steel for cars.

I'm still expecting a mad scramble to get cents when these are finally phased out. There can't be any rarities made of the regular issues because there are simply too many coins in too many places that won't get recycled. People will be surprised at how tough some of these will be in XF and better or even VF and better. They'll also be surprised how few uncs there are of some of the zinc issues and those who start collections will be astounded at the lack of availability of varieties and gems.

[eagames]

Those are some good points.

I've noticed that it's harder to find some of the zinc years in unc rolls than the older copper ones. Some sleepers seem to be:

83, 83-d, 84, 84-d, 85, 85-d, 86, 86-d, 88, 88-d, 90, 90-d, 91, 91-d

Some of these are already expensive in unc rolls, the 86 and 86-d are probably the most $ already. They often sell for up to $20-30 for an unc roll which is more than the common unc wheat rolls.

[coop]

You know when your open a circulated roll and you get a nice coin under the scope and you wish, "Let there be something on this coin as it is SO nice. Well, I've been putting them into tubes marked AU, so later I'll still have them. Only if they are earlier than 2000. I made that my cut off point for now.

[Earwig]

That is a good idea coop now i gotta go through the searched bags again lol or maybe ill pay the kids to do it

Eric

[coop]

It just something I started a few boxes ago. I put them into tubes for now and later I will sort them by date and mintmark if I get enough of them. I had run into some rolls with BU looking coins that figured were to good to pass on, so I started tubing them. Not saving all BU looking coins. Just the ones before 2000 that look exceptionally nice. You know the ones you look at and pray it has a DD/RPM on it as it looks s o g o o d !