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 Replies: 24 / Views: 2,358 |
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Pillar of the Community
United States
2764 Posts |
I put in an order request for a fedbox of "Large $1 coin" (implying Ike dollar), they ended up giving me a sealed fedbox of James Madison $1. I'd carried that box and two other half dollar fedbox half a mile on my backpack...... they are killing my back!!  I went through $250 in half and found nothing good so far..... still have $750 to go through. Now, here's my question: What should I do with the James Madison fedbox? Any ideas  ? I have some option in mind: a) Sell the fedbox as a whole (but don't know where or who will be interested - NOT ebay, their fees is around 10%-12%) b) Break the seal and sell each rolls individually (don't know who or where...) c) Break the seal, break the rolls, search the coin, keep some and then dump the rest.    d) Put the whole box away and save it for 100 years anniversary of the coin release....  may be the box will worth 10X  (Not possible, I don't have the cash!) |
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Valued Member
United States
392 Posts |
I'd say open it and check for errors
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Pillar of the Community
Australia
1014 Posts |
I'd say give them all to me...  |
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Pillar of the Community
United States
6326 Posts |
Leave it "untouched" for 100 years !
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Bedrock of the Community
United States
12437 Posts |
Is it a Philly or Denver box?
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New Member
United States
16 Posts |
i think you should check for errors because you bound to find some.
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Pillar of the Community
United States
974 Posts |
quote:
d) Put the whole box away and save it for 100 years anniversary of the coin release.... may be the box will worth 10X
Not only that but you probably won't be around to enjoy the return on your investment!  I'd search for errors and then spend them, they are legal tender at least you can see if there are some! |
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Pillar of the Community
United States
914 Posts |
Definitely C!
Just live off the coins and check for errors as you go along.
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Pillar of the Community
United States
2602 Posts |
If you wait 100 years and the coins are only 10X increased in value, I'd say you lost money due to inflation. $1 form 1980, for example is only worht maybe 50 cents today. Holding it is not a great option.
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Moderator
 United States
187662 Posts |
Crack it, search it, spend it! |
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Pillar of the Community
United States
1767 Posts |
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Pillar of the Community
United States
1767 Posts |
Another option. Sell them at face value + shipping material used and postage to your fellow CCF members (unsearched of course). This way you don't loose anything. mila_ Edited by Mila_cent
02/07/2008 11:01 am
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Member
United States
3242 Posts |
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Pillar of the Community
United States
1934 Posts |
a 10 x return on your investment over 100 years aint worth it.
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New Member
United States
13 Posts |
Become known around town as "that guy who only uses those weird new dollar coins for everything."
There are worse reputations to have.
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Pillar of the Community
United States
4867 Posts |
Bust them open and spend away and get these things circulating.
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Replies: 24 / Views: 2,358 |
Posted 02/07/2008 07:05 am
