I have bought 5-sets each of the LP1, LP2, LP3 roll sets. I also happened to get 4 rolls of 2008P penny rolls from a teller I know at my bank this week. Well I decided to open a roll of the 2008's and was very black spoted thru out. Opened remaining rolls and the same thing on all. Decided to open a LP1 set and same thing. Is this commen on modern rolls? last penny rolls I saved was back in 1991. What to do with these coins? What is the cause of this? Just poor quality at the mint, not rinsing the coins after minting?? I left a few in acetone for a couple of hours, no difference. I hope all the LP1-4 series coins are not this ugly. I'm thinking I wasted alot of money on rolls from the mint that will be worthless. Jim
Many are but not all. Many are but not all. Those pesky black spots are nothing new at least in the past 12 years. As I have stated before on here when I go though a box of 50 rolls I generally get only around 150 my customers will be happy with or better said, about 150 of 2500 that I will be happy offering for sale. Sometimes you get the ones that are bad and sometimes not. A coule of weeks ago I went though a box that was beautiful many 66's and some 67's with few black spots. Also the box had around 400 copies of one of the doubled die reverses found all 400 the same die. I have talked to people who are finding multible different doubled die reverses in the same box so it depends. The rolls from the mint are no different many are junk with spots some are not it just depends.
The rolls of 2009 Log cabins I got from the bank had the same spots on them. It seems to be pretty common.
Oh My - I haven't opened any from the mint, now I'm thinking maybe I should open all of them. I did order some from another source and I did open them to check that I got what I paid for. I really didn't want to crack the mint rolls open, wanted to keep them as-is and in the mint wrapper.
There only worthless if you open them up. Original mint rolls only have their premium value if they are unopened and you don't know what is in them. A soon as you open them they are no longer a Mint roll and are only worth the value of the individual coins. The coins can be heavily spotted inside but since they can't be seen they still bring the high premium. And since you the seller can't see inside them you can't guarantee they are unspotted. If a buyer opens them and finds spots he can't return them because they were not misrepresented, and they are no longer that same product he was shipped.
Agreed. Most 09s I have seen have some sort of imperfection, either black spots or a reddish-brown discoloration. You can't control what the mint gives you, and neither can your buyer if the roll is mint-sealed. If you plan on selling them as is in mint rolls, I recommend not opening them. If you are planning on selling individual coins, however, I'd recommend opening them and doing a quality inspection. Its better to know what you have and search for better coins than open a roll 20 years from now and realize you got a dud. If you are just saving the rolls to pass on to grandchildren or for the fun of it, I recommend searching through several rolls and saving only the best in air-tight tubes... thats what I do.
I was able to pick up 12 rolls of LP-2 D from work, one of which was tails/tails so I opened it up and almost all of the coins had the same heavy black spotting on them. The other 11 rolls I left wrapped but they all appear to have the same spots.
I think Conder and Elaine hit the nail on the head. The value is in the unopened roll. Spots are not taken into consideration with an unopened roll as no one know what is in the roll. Once the roll is opened, the spots are there to see diminishing the value of the roll.
I have seen many proof sets from the early '60s that were spotted or had nasty looking toning. Never buy an 'unopened' proof set from then. They were never sealed to begin with, and frequently have problems. And, they sell for a premium...don't touch 'em. (I remember buying a lot of Topps baseball cards in the early '70s that were junk right out of the wax packs).
collector or investor did you buy the coins for collection or to make some money? those spots you see on the coins they came from the machines when they struck the coins.don't clean the coins with acetone.just leave them as they are.keep them and see if they have errors.specialy the lp2.rolls.usmint will never clean or wash the coins.from 50 coins you will find 1 or 2 in mint state condition w/no spots.
I picked up 8 rolls from the bank of the Lincoln pennies. It cost me 4$ (duh) I then put them on ebay as just that! Unsearched rolls- one oppened and it was 100% new pennies... no idea if the other were. NOT mint rolls, just bank rolls. They sold for 47$ .... people are NUTS!
if you are looking for mint state coins w/no spots? don't buy the whole roll buy only what you want in a mint state condition.an ms-66 ms-67.will be good for you.in some cases acetone will damage your coins.you can use acetone only in coins with corrosions or if they are very dirty. buy a numismatic book and learn.don't jump in the water if you don't know how to swim.your money is not wasted.keep the rolls and don't open it.us mint rolls will cost more in sealed condition.some day you will get your money back.
Yes, I broke open one of my two rolls and put them in the change drawer for the school book fair and gave them out to kiddies in their change.
Great Idea Read the thread. I got LP's1, 2 & 3's in rolls. P&D. Six rolls total. Just because. I had set them aside for "later". Decided it was already "later" than I thought. I was most interested in the LP1's since I live in KY. Thought they would be "Nice". I busted opened the P roll of LP 1's. Most have black spots........ Guess the SPOTless wonders just got more desirable.
.......after reading the posts i started scratching my head and thought, gee whiz, i still have 2007 prez bucks that i never opened!!
