Need a coin collector

Nope..and neither is copper. So the only coins that could be in the bag that a magnet will stick to would be steel cents
 
45000 ??? typo ?
Story is they were bagged prior to the change over in 1957.

Its a very heavy bag. Is gold attracted to a magnet?

In 1957 ALL of the pennies would be wheaties, and there would have been a certain percentage of 1943 pennies if it was general circulation.

In 1957 gold was not legal tender.

The chances of finding a 1909S VDB or a 1922 penny in 1957 was quite slim.

How do you know ALL the coins in the bag are pennies, or that ALL the coins are magnetic? Maybe there are other denominations as well. You might have some pure silver Standing Liberty Half Dollars in there.
 
However the highly prized 1955 double die could be a possibility. I could take one or two off your hands for a few dollars.:rolleyes:;):D
 

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Ok, I'll open the bag. But, Turkey season starts soon and I don't see the wife sorting 5000 pennies while I'm out scaring turkeys. Maybe June. When we're still confined to quarters ( no pun intended).
 
Ok, I'll open the bag. But, Turkey season starts soon and I don't see the wife sorting 5000 pennies while I'm out scaring turkeys. Maybe June. When we're still confined to quarters ( no pun intended).
June? Noooooo! We all might be dead by then. Open it now and at least look at what's there. And post pics of course.
 
June? Noooooo! We all might be dead by then. Open it now and at least look at what's there. And post pics of course.

Yes, pleaseeeee! This is the only worthwhile thread on the internet this week.
 
If you look just a little online you'll likely find whether bank seals have any value. It is likely that having the entire bag would add to the value.
I cannot imagine that the bag and seal would come close to the potential value of the coins inside.
I suggest slitting the bag at the bottom as cleanly as possible. Then you can examine the coins. If you find the bag has value, you will not have decreased it much. (I have a friend who has collected beer cans for decades. Not one has a drop of beer in it, and all retain their value.)

I recently had a similar find in a box of family artifacts. I found an old Lincoln Bottle "safe" with a slit in the cap for dropping coins in. Turns out the bottle itself has value, $10 to $65 on eBay.

But the coins - - -
Steel pennies, along with a trove of coins from days gone by including silver ones and an 1868 U.S. 2-cent piece and a - verified - 1786 Carolus III Dei Gratia Hispan et INDR M (with a circle over it) F M.

A half-dozen Mercury-head silver dimes date from 1920 to 1943. Another is a "Barber" dime dated 1910 (no mint mark, and that's important) with Mercury facing right (worth about $3), opposite of the later ones. With them were several dozen later Roosevelt-head silver dimes dated 1947 to 1954, worth about $3 apiece.

I also found Russian coins from 1931, and two Deutsches Reich 10-Mark coins dated 1940 and 1941 with swastikas.

There are coins that are likely Thai or Indian, but have no English words or numbers, and I can't find them on the Internet.

They are unlikely to much augment my retirement income, but are truly interesting.

Warning: I found six U.S. nickels dated 1939 with no mint mark. One enterprising fellow on the Internet says they are very rare and will be happy to sell his for a mere $30,000. I immediately emailed him asking if he would buy mine for half that, each. No reply.
Best SECOND listings? About five bucks, ranging down from one dollar to 50-cents, depending on condition. IF mint-condition: $880. Not mine, *sigh*.

If I had smashed the bottle to get to the coins I would still be well ahead.
 
Warning: I found six U.S. nickels dated 1939 with no mint mark.

The Philadelphia Mint did not put a "Mint Mark" on the coins they produced. A coin with out a mint mark was struck at the Philadelphia Mint.

My vote is still for a bag full of knock outs from steel electrical boxes. Steel pennies would be the only US coin which would be made from steel (iron) causing the bag to have magnetic properties.
 
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Ok, I'll open the bag. But, Turkey season starts soon and I don't see the wife sorting 5000 pennies while I'm out scaring turkeys. Maybe June. When we're still confined to quarters ( no pun intended).

WHAT WAS IN THE BAG?!
 
Steelin pennies makes no sense!



Paper money is worth far more and easier to run with after the robbery.

I read about a train robbery around 1880 by the Butch Cassidy gang some where by Wilcox ,AZ. in a Treasure magazine, so must be true.

When the gang opened up the stolen bank bags, they were all pennies, so the robbers got mad and poured them pennies down gopher holes for a joke. I'm thinking some them pennies were possibly the rare 1877 Indian heads and in close to mint condition. :eek::rolleyes::D
 
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