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A 50 cent roll of new Lincoln pennies is going for 6 bucks

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 12:27 PM
Original message
A 50 cent roll of new Lincoln pennies is going for 6 bucks
http://www.whec.com/news/stories/S879294.shtml?cat=566

New Lincoln pennies hard to find

Posted at: 04/14/2009 3:32 PM | WHEC.com

Updated at: 04/14/2009 9:10 PM

The first of the four new Lincoln pennies was released on Lincoln’s birthday more than a month ago but why can't you find any in Rochester?

Joy McComb was on a mission today. “My grandson is doing a report on Abraham Lincoln.” She came to the Gallery of Coins just to find the new Lincoln penny. “My husband won't even carry pennies. He thinks they should be dispensed with.”

A coin dealer is about the only place you can find the new Lincoln, the first in a series that honors the 16th president's life. The first new design on the reverse or tails side shows the log cabin Lincoln grew up in.

Dick Austin of Gallery of Coins said, “I called the banks I do business with. I had a couple customers called their banks and I also had dealers from out of state as far away as Texas call their banks and none of the new banks have the new pennies available.”

A roll of 50 pennies at a bank should cost 50-cents. “These were gotten about a week ago at the Albany coin show and there price there was $6 a roll,” Austin said.

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brooklynite Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 12:32 PM
Response to Original message
1. None with a Stove-pipe hat?


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DearAbby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 12:41 PM
Response to Original message
2. I have jars of coins
I just empty my pockets, I hardly use coins. I save them all up, once a year I take them down to be shoved into savings. YOU WOULD BE AMAZED how much money that adds up too every year.

Imagine that, a roll of pennies aren't just 50 cents :wow:
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 12:45 PM
Response to Reply #2
3. A 96 fluid ounce plastic Welch's grape juice bottle holds about $400 worth of silver coinage
Edited on Wed Apr-15-09 12:45 PM by NNN0LHI
I can attest to that.

Don
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 12:52 PM
Response to Reply #3
4. I've got a 2-gallon jug full of quarters - got any guess how much is in it?
I know its a bear to pick up.
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RedRocco Donating Member (253 posts) Send PM | Profile | Ignore Wed Apr-15-09 01:27 PM
Response to Reply #4
7. $20 worth of quarters == 1 pound
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 01:27 PM
Response to Reply #4
8. My only suggestion would be to take them out and put them into a bag before hauling them to the bank
The ladies at my bank had a hell of a time getting the coins out of that pretty heavy Welch's bottle and finally brought it back to me with a pair of scissors to cut a bigger hole in it so they would pour out easier.

Don
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 12:55 PM
Response to Reply #2
5. I used to do that, but then I realized that the coins just sitting there
for months on end weren't helping me, so now I roll them up and put them in my savings account each time I accumulate more than $5 in any combination of coins.

I also am not averse to picking up coins on the street - started tracking how much I found a few years ago and it averages @$120/yr (of course that includes what I find in my P/T job as a theater usher), so I have a lot of coins to roll up.
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 01:23 PM
Response to Reply #5
6. I picked up a penny off the ground today walking out of the gas station
I have never been averse to doing that. Put it right in my pocket with a smile on face.

Don
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derby378 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 01:28 PM
Response to Original message
9. I've got a single Log Cabin penny at home
Yep, they're definitely hard to find at the moment.
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