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What to do with my LP2 and LP4 Boxes
erwindoc
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I recently acquired 10 mint boxes of LP2 cents and 5 mint boxes of LP4 cents. I know lots of the buzz surrounding these have come and gone. Should I open them up and check for errors, or should I sell them? The LP2 boxes date both 5/1 and 5/4. The LP4 boxes are 11/3. Most of them have had the end of the box opened up and inspected, but otherwise looks like the contents are fine.
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Bump! Someone should respond to this. I would, but I don’t know the answer.
There are reports on here that shotgun rolls are easy to re-roll on one end.
Once open they are not worth much but you can try you never know, Good luck.
Hoard the keys.
Those dates are not worth much. The 5/01 dates may have some minot errors in them but that is all. It will cost you more to ship them than you will get for them on ebay. Probably just better to open the boxes and take the rolls down to the bank and cash them in.
like many of the Mint's special roll promotions that have taken place since they absconded the idea of coin Commemoration, once the frenzy settles on the promotion these rolls effectively resort to face value. it takes a couple years but it happens. all of the rolls of Sac Dollars, Presidential Dollars, SHQ's, 2004-2005 Jefferson Nickels have all settled in to face value when no buyers wanted them and all those who had succumbed to the promotions decided to sell.
we do a bi-annual show that's coming up next month and our table is next to a dealer from Erie, Pa. a few years back he was trying to move some of the "Buffalo" Jefferson Nickels that came in the fancy boxes. over the course of the show he moved the price down until he reached $2/roll: the rolls were located prominently in a case and still no takers. finally, more as a joke than anything else, he priced them at $1.95/roll.
no one touched them, we laughed and he packed them up to go home.
No clues. Prognosticating is not a strong suit of mine.
``https://ebay.us/m/KxolR5
Does anyone care about this type of thing anymore? It doesn't sound like something with a bright investment future.
On another note.... I bought a collection with a bunch of rolls of nickels recently . Sold the ‘83-D roll for over a hundred dollars. Coins (some) have a strange way of increasing in value over the years. I can’t say the same about “commemorative” releases such as Bicentennial coins from ‘75-‘76, or the one-off 4 part , 2009 commemorative Lincoln cents. To say “time will tell” is sort of a cop-out. In the end, speculators speculate, collectors collect, submitters submit, hoarders hoard and gamblers like me lose more than I win. But....I agree with HRH when he says : “have fun with your coins”.
``https://ebay.us/m/KxolR5
Thanks! Roll searching it will be. I have only the face value price of the coins in the rolls, so really nothing to lose.
I guess I would roll search them for errors as I don't think they have much over face value as a roll.
I hear ya! I have 4 boxes of LP2, LP3 & LP4's that just sit on a shelf. One of these days I'll probably just open them and throw them in my penny jug. Lol
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