unopened 50 dollar bag of 1962 pennies
boxerdad
Posts: 46 ✭✭
what would be the value if any other than melt?
denver mint
thanks
i am dyslexia of borg futility is resistant your ass will be laminated.
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Depends on what you want to pay to look for minor varieties. Nothing major that year that I'm aware of. Personally, I wouldn't pay over $50 but others would.
Most of the value in the '60- '64 coinage is in the potential for varieties and Gems. The '62-D cent comes fairly nice but extraordinary stand outs can still command huge premiums. Most buyers are really just paying a premium for the chance to checks for Gems. Postage costs can exceed the premium.
At the height of the roll bag boom this bag was worth about $600 in todays money and it could be shipped for just a few dollars. There are still a lot around but not nearly so many as people think and many of them are tarnished. The supply dwarfs the weak demand.
A massively hoarded date from the peak of the roll and bag craze of the late 1950s and early 1960s. I would not even pay face value. Keep it intact with its original seal and sell it to someone who thinks it may contain high grade cents, "errors" or "varieties". They may be willing to pay a significant premium.
Postage? No problem. Just plaster the box with mint sheets of 3-cent stamps from the 1930's purchased at 30% below face.
The '50s and 60's were a really crazy period for coin and stamp collecting.
Really, after all that garbage you spewed that every copper cent is worth at least 3 cents each and that every dealer would pay that for them.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I’d pay a small premium to search out of boredom.
I occasionally pick up late 50ies to late 70ies unc rolls for 2x-3x face.
I probably won't ever do anything with them but like you said it's cheap entertainment if you can find the time.
The linked page below has an unopened 1962-D bag that just sold for $150 at a Goldberg auction in mid June 2023.
It had only one bidder and sold well below their overly optimistic estimate of $300. It also shows some other bags from that time frame which either failed to sell or brough a similar price.
So the value is likely to be between face and $150 depending on how interested a buyer you can find.
images.goldbergauctions.com/php/chap_auc.php?site=1&lang=1&sale=135&chapter=10&page=2
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
30% below face? I sell 29 cent sheets for 45% below face. To can buy 3 cent loss for 65% below face.
62-D BU rolls go for near $1.50/ and you have 100 of them in the bag. Unless you need the money, I would open it and look for errors.