US MINT SEWN BAGS.

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

US MINT SEWN BAGS.

Postby marine70 » Sun Apr 22, 2012 8:53 am

I have a chance to buy some $50 bags of pre-82 mint sewn bags. Does anyone know what a good offer would be on these.
marine70
Penny Collector Member
 
Posts: 316
Joined: Mon Nov 16, 2009 3:00 pm

Re: US MINT SEWN BAGS.

Postby Morsecode » Sun Apr 22, 2012 9:17 am

Mint bags from the '70s are not all that in demand. Besides the copper weight there's not much there. I'd pay a decent premium for a sealed 1972 bag (doubled die potential), and for any of the S mint years '68-'74...but for a 1979 bag? maybe $70

I'm assuming you meant bags from the 1970s.
Let's Go Brandon Kamala
User avatar
Morsecode
Too Busy Posting to Hoard Anything Else
 
Posts: 4157
Joined: Thu Feb 10, 2011 10:04 pm
Location: Southern New England

Re: US MINT SEWN BAGS.

Postby uthminsta » Sun Apr 22, 2012 12:20 pm

I would think all dates like the 1972 - those with obvious potential for numismatic profit - would demand a significant premium, if it could be proven they were original mint sewn bags. Also, I for one would like to have a bag from my birth year. But what years are you looking at?
User avatar
uthminsta
Too Busy Posting to Hoard Anything Else
 
Posts: 6139
Joined: Sat Oct 24, 2009 3:00 pm
Location: Illinois

Re: US MINT SEWN BAGS.

Postby TXBullion » Sun Apr 22, 2012 1:10 pm

i would be interested in a few bags of pre 82 mint sewn copper at 2x face shipped
User avatar
TXBullion
Too Busy Posting to Hoard Anything Else
 
Posts: 4779
Joined: Fri Apr 09, 2010 3:00 pm

Re: US MINT SEWN BAGS.

Postby reddirtcoins » Sun Apr 22, 2012 3:03 pm

I would aslo...
"Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold."- Leo Tolstoy
User avatar
reddirtcoins
1000+ Penny Miser Member
 
Posts: 1478
Joined: Tue May 17, 2011 7:19 pm
Location: Oklahoma

Re: US MINT SEWN BAGS.

Postby LubbockCents » Sun Apr 22, 2012 5:07 pm

I was able to purchase a bag of 73's for $90. I thought it was a decent deal. Happy with my purchase. I would think any under 2x would be a good deal and would jump on them. Anything over that would depend on the year
LubbockCents
 
Posts: 15
Joined: Fri Dec 10, 2010 12:35 pm

Re: US MINT SEWN BAGS.

Postby goodcents » Sun Apr 22, 2012 6:38 pm

100 bucks a bag if the dates are nothing special. Once again depends on how many bags the person has.
Joe
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: US MINT SEWN BAGS.

Postby twoten01 » Sun Apr 22, 2012 8:39 pm

if they are 1972 I would pay $175 a bag or $110 a bag for any other year pre 1982
and $125 for a bag from 1980(birth year)
twoten01
Penny Pincher Member
 
Posts: 166
Joined: Thu Oct 27, 2011 8:11 am

Re: US MINT SEWN BAGS.

Postby HoardCopperByTheTon » Mon Apr 23, 2012 12:06 am

I hoard 'em! :mrgreen:
If your percentages are low.. just sort more. If your percentages are high.. just sort more
User avatar
HoardCopperByTheTon
HoardsPostsByTheTon
 
Posts: 9358
Joined: Sat Feb 17, 2007 3:00 pm
Location: CA

Re: US MINT SEWN BAGS.

Postby marine70 » Mon Apr 23, 2012 2:56 pm

Well I bought four bags from a coin dealer he stated he had got them from an estate. There are several dates stamped on the bags then blacked out so they are all marked 1974 from the Denver mint. After getting home I noticed that one bag had a small tear by the seam, so much for a sealed bag on this one. I gave $100 a bag maybe I payed to high time will tell.
marine70
Penny Collector Member
 
Posts: 316
Joined: Mon Nov 16, 2009 3:00 pm

Re: US MINT SEWN BAGS.

Postby Robarons » Tue Apr 24, 2012 12:17 am

If those bags are BU then I think anything under 2x is a good deal
Robarons
Post Hoarder
 
Posts: 2205
Joined: Tue Sep 18, 2007 3:00 pm


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 8 guests

cron