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 Replies: 46 / Views: 7,497 |
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Valued Member
United States
143 Posts |
I wouldn't blow them off too quickly. I always get four rolls from the bank the day they come out. I open one and "circulate" it right away after searching it. But, there is money to be made. I bought the "XE(n)" sets when they came out--about five or six of each. Even gave them as Xmas gifts. Darn! Just sold an XE2 on ebay for $52--the going price! Cost $15 just three years ago. Also, check the mintage of these things. They pretty much have decreased with each coin. For some reason my eastern US bank gets D mints so I have to buy P's. (If anybody wants to get a swap going, I'm game.) Since I live near a major distributor (yes--not dealer) I can get them, but at a $2-3 premium/roll for String & Sons rolls. SOME of these rolls have increased to $30-32/roll and I cannot figure out why. |
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Valued Member
United States
143 Posts |
This may be slightly OT.
Just how much can these "Brinks rolls" or bags be with bag marks, etc. and still grade MS 60 or 62?
The reason I ask is seeing prices of $1.15 to 1.20 each in those grades with no errors. If they are truly worth this, then buying them at face from the bank seems a good investment!?!?!?
I have several rolls of all the issues. Should I be busting the Washington, JQA and Jefferson and looking for errors or leave them in rolls?
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Pillar of the Community
Canada
3692 Posts |
"We appreciate your support of the Presidential $1 Coin program. You play an important role in the coin's success, so please spend them. The more $1 coins that you can help circulate the better, because they last for decades, save our Nation money and are 100% recyclable. "
-That's straight from the mint's website. You'd THINK they want this, but I really have my doubts.
Is the Lincoln dollar out yet?
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Valued Member
United States
143 Posts |
No. New dollar is out next Thursday, supposedly at noon. My bank will sell them at 9 AM. Linoln comes out in November.
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Pillar of the Community
Canada
3692 Posts |
You're lucky to get them at face. Over here they ballooned to $3 a piece for the BUs. This is why I have zero in my collection. Buchanan's pic looks more distinguished than Lincoln's. But can you imagine people in a grocery market arguing over these dollars - When else would people argue about little-known presidents? IMHO, The coin should've had Washington and only Washington.
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Bedrock of the Community
United States
11951 Posts |
I am sure I am coming into this thread late .. and I think it has been talked about in other threads. But here I go again... with pictures This series like many others, have those who either like them.. or hate them .. and .. not many that love them. For me I have a P and D Dansco, that I put all satin coins into. I know there are a lot here that don't like the satin finish, but this could be a set that can be completed in all satin finish, unless the mint stops making them in the future. To me satin finish coins are all low mintage and should have some good value .. sometime in the future. I also buy rolls, if I find them, and sort out the better grade ones. From other post, I hear that it is hard to find good quality grades in this series. One of the pictures posted shows a MS-64 no lettered edge Washington. This came from a local guy that comes into one of my local coin shops. He found them in rolls and sent, I think 8 of them in for grading, all came back MS-64 or MS-65. So I know you can find okay grades for these coins. The other coins I have in 2X2's, came from rolls I opened. I think some of these are of the same quality as the ones I have seen graded 64/65. The proofs for now I leave in the proof sets I have boxed up in the safe .. not sure if I will break them open.           |
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Valued Member
United States
366 Posts |
I pick up a roll of the latest dollar when it's at the local bank, but other than looking for plain edge lettering, I mostly just store them in my collection. I might start filling an album soon though. I also try and get the newest Sacajewea dollars, but they seem to be harder to find than the Presidential dollars. Anyone else having that problem too? |
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Valued Member
United States
165 Posts |
Gold Rush58, I love your president album. Classy.
I collect Silver Proof Sets, so I guess I'm collecting Proof President coins. I hadn't really thought about it before. I have two sets of 2007, '08 &'09, and only one of the 2010 on order.
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New Member
United States
15 Posts |
My grandmother actually collected the shell coins for me and when I first saw the new dollars, I thought that they weren't real coins. they do look so much like the ones from the 70's
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New Member
United States
4 Posts |
I don't collect these and don't see the sense unless you really like the coin. There is no investment value to them. The government now is storing over 1 billion of these coins (enough to last an estimated 10 yrs, but they keep minting them).
Before getting this far into the program, they should've crossed over all dollars and discontinued the paper dollar.
If I was going to get them, I would do like dave and get the silver proof sets. At least the base metal will hold some value for ya.
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Moderator
 United States
189583 Posts |
Looking good, GoldRush!  |
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Pillar of the Community
United States
1626 Posts |
I have been getting the $1 Coin covers as a gift since they started. I have everyone thats out so far... Why is the price so high for these? $15.95 ?
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Pillar of the Community
United States
6326 Posts |
The price is that way, I suppose, because the "F.D.C.C.'s" are the only coins (despite what the Home Shopping Network, and others of their ilk say) that the Mint legitimately marks as "First day of release". So these coins contained in any F.D.C.C., are the only true "early release", one could say. It would be "hot off the presses" one could say. And there'd be a good chance at some early die strikes for some good quality ones too of course. But since each one also has the stamp and the date of the release stamped on there.....that's where they're getting this "price". I did this for the Territories........and a few key States quarters.....and the first year of the Presidents.....but I'm done......no more. I always thought that, rightly, there SHOULD be a nice value to these F.D.C.C.'s......and they SHOULD go up in value through time......problem is........they just don't seem to be worth much.....and, this ever happening, doesn't seem to be "in the winds of change", either, any time soon.....  |
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Bedrock of the Community
United States
17884 Posts |
""We appreciate your support of the Presidential $1 Coin program. You play an important role in the coin's success, so please spend them. The more $1 coins that you can help circulate the better, because they last for decades, save our Nation money and are 100% recyclable. "" AND EVEN IF IT DOESN'T GET THEM CIRCULATING AT LEAST IT GETS THEM THE HECK OUT OF OUR VAULT! Thank you very much.  Edited by Conder101
08/19/2010 10:45 am
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Valued Member
United States
447 Posts |
Could someone please refresh me as to what position A and B are?
One is right side up and one is up side down, but which is which?
Thanks.
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Posted 08/14/2010 10:05 am
