Poll of the Day > every year the new pennies come out and people pay way over face value for em

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argonautweakend
02/16/18 12:46:58 PM
#1:


But only for a very short time. people gotta get em asap.

So the 2018 penny is rolling out now and somebody bought the first reported sale of a $25 box for around 500...you can go to the bank and get a box no problem, but idk what banks have these in yet.

Now it isnt purely "gotta have it before everybody else" like preordering a game and spending extra $$$ to play it a few days before general public.

people want to crack these open and see if they find any errors or anything, but also they want virgin uncirculated rolls to see if they can find some examples that would grade close to 70(max), which is tough to do. The higher the grade, the more it sells for. Even a box of 2,500 brand new pennies likely might not have one grading above a 67. just because of the nature of it. in 2017 the mint used an experimental wash that left bubble spots on a lot of coins...but even the nature of how they're made. thousands of coins being minted at once, banging up against eachother and whatnot.

so for the next few days(dont quote me), if you an go to the bank and get a box of all brand new rolls of 2018 pennies might be worth it to flip it for some extra cash. Not 500 dollars though, that was the first reported ebay sale. but 50 bucks for 25 bucks in cents wouldnt be that outlandish.
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Viking_Mudcrap
02/16/18 12:48:50 PM
#2:


Thanks for this information.
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stuff
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argonautweakend
02/16/18 12:53:35 PM
#3:


https://www.pcgs.com/pop/detail.aspx?pno=4&c=47&p=MS&t=3

heres the pop reports of pennies from one grading service.

If there is a 68+(pretty might 68.5) or 69- 70 quality 2017 penny out there cool, but nobody has found one and submitted it for grading. If you have the highest example of a coin, even a 2017 penny, the sky is the limit on how much it could sell at auction.

Even with a few grades left to spare, its not been done yet. It might be impossible but this is kind of what people are looking for. the one coin that would grade 67/68/69/70 depending on what the pop report says. they would easily make thousands.

tough to do
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SushiSquid
02/16/18 1:48:28 PM
#4:


We should abolish pennies. We waste millions of dollars every year minting a worthless and pointless coin.
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Kyuubi4269
02/16/18 1:53:51 PM
#5:


SushiSquid posted...
We should abolish pennies. We waste millions of dollars every year minting a worthless and pointless coin.

I'd rather "switch" currency to one 3x as valuable with the same name.
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RIP_Supa posted...
I've seen some stuff
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argonautweakend
02/16/18 1:58:15 PM
#6:


copper pennies?

they have been worth as much as three cents before.
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Andromicus
02/16/18 2:41:37 PM
#7:


I got a steel penny from WW2, for a short time copper was needed more than iron.
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Mead
02/16/18 2:42:51 PM
#8:


A lot of people buy them so they can make ass pennies
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KazGT6
02/16/18 3:32:27 PM
#9:


argonautweakend posted...
copper pennies?

they have been worth as much as three cents before.

aren't you the watch guy? you like those more or coin collecting?
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argonautweakend
02/16/18 3:32:49 PM
#10:


right now its coins. this hobby is free!
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KazGT6
02/16/18 3:36:17 PM
#11:


yeah watches might be more expensive than being a big gamer. The most expensive one i've ever bought was around 240, 245, though those 2 aren't even my favorites
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argonautweakend
02/16/18 3:39:13 PM
#12:


yeah right now im saving my money. i like watches still but cant afford em right now. Well I can but im saving and hoarding now
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KazGT6
02/16/18 3:41:41 PM
#13:


do you have like a dream watch or soemthing? if money was no object?
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argonautweakend
02/16/18 3:42:37 PM
#14:


not really but i would buy something classic and fancy

but, not a watch but the tissot t clock

http://watchesbysjx.com/wp-content/uploads/2016/03/Tissot-T-Clock-T855_942_39_050_00-281291.jpg
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SunWuKung420
02/16/18 3:50:21 PM
#15:


Mead posted...
A lot of people buy them so they can make ass pennies


Lol.

I wonder how many of my ass quarters you've handled.
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