Unopened roll of 1957 D Pennies?

[Quinc]

Was gifted this roll of pennies from a woman who retired from banking decades ago. She believes it's in the original roll from the mint and has never opened. Wanted to see if y'all think it's worth opening or leaving it alone?

 

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[halfdime]

Was gifted this roll of pennies from a woman who retired from banking decades ago. She believes it's in the original roll from the mint and has never opened. Wanted to see if y'all think it's worth opening or leaving it alone?

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I would guess original from "The Fed" as the tellers call everything machine wrapped. I occasionally buy rolls of halves that are from the mint that someone has taken to a bank. They are clearly identified as such. I've also bought (not intentionally!) whole boxes of halves from 1995, 2021, 2022, and 2023 wrapped by the "Fed." In my case, Loomis.

 

[pepperj]

Was gifted this roll of pennies from a woman who retired from banking decades ago. She believes it's in the original roll from the mint and has never opened. Wanted to see if y'all think it's worth opening or leaving it alone?

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It really depends on if you're planning to sell or to keep them.

The sold prices from this past year are listed on Mavin.

1957 D LINCOLN WHEAT PENNY ROLL Values - MAVIN

The average value of 1957 D LINCOLN WHEAT PENNY ROLL is $28.09. Sold comparables range in price from a low of $2.48 to a high of $260.55.

mavin.io

 

[galenrog]

The evidence warrants interest. The wrapper appears to be original. Enders are a 1957D and a wheatie. What lies within could be anything from that era, as the Federal Reserve branches, just as today with Federal Reserve contractors, wrap what is on hand, without regard to date or mint.

I wish you well on this.

Time for more coffee.

 

[ToddsPoint]

They are certainly not rare. 1957-D production: 1,051,342,000. Over a billion made. 1944 &45 were the first yrs with a billion. After 1956 a billion was fairly common.

 

[srcdco]

That is a cool gift, although not rare as already stated. The only issue is that the paper the roll is made from is acidic and it will tarnish the coins inside. What I would do is take them out and put them in a plastic roll and keep the original paper roll with them, particularly since it has that stamp on it.

Scott

 

[robertk]

The only issue is that the paper the roll is made from is acidic and it will tarnish the coins inside. What I would do is take them out and put them in a plastic roll and keep the original paper roll with them, particularly since it has that stamp on it.

If it’s really a 1957 original roll, they’ve been in there for almost 70 years already. Won’t any acid paper damage have already happened?

 

[Immy]

There's a real market right now for ultra-high graded wheat cents.

Assuming this is an original roll, sending them off to PCGS for grading could be pretty lucrative. Any toning from the wrapper could simply add value.

Current PCGS retail prices for a 1957-D:

MS66 $30
MS66+ $95
MS67 $450
MS67+ $7,500 😲

No 57-D has ever attained an MS 68 or higher grade from PCGS.

Is the first one lurking in this roll?

 

[ConceptualizedNetherlandr]

Open it up. Nothing to loose. Everything to gain.

 

[Trezurehunter]

I would not have the control to leave it unopened in my presence ! I'd dig into that roll like a starving man on a steak !

 

[Quinc]

It is actually my 10 year old sons roll and he is loving reading these comments. I will keep the thread updated with what he decides to do with it. =)

 

[jrf30]

It is actually my 10 year old sons roll and he is loving reading these comments. I will keep the thread updated with what he decides to do with it. =)

I', going to disagree with most others here. I would leave it unopened. Because it will become more than a few dollars worth of pennies. It will become a MEMORY. Over time, as that lady is gone, and even when you are gone and your son is your age or more, he can say it was a gift to his dad from a teller. That is worth more than the few dollars of value it has. I say that knowing things I sold in the past and was HAPPY to sell for a few bucks, now I wish I had. For the memory value of them.