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 Replies: 34 / Views: 2,513 |
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Pillar of the Community
United States
618 Posts |
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Pillar of the Community
United Kingdom
1077 Posts |
Why is there so much hype and excitement about these coins?  More than any other coins I can remember. (I hardly dare to mention it, but they are not even very attractive)  |
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Rest in Peace
United States
3039 Posts |
I refuse to pay the Mint's outrageous prices for these coins. I can wait until they get to the banks. I've found 2 in bank rolls already at a cost of 1c each!
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Pillar of the Community
United States
1179 Posts |
Mine should arrive today/tomorrow!
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Pillar of the Community
United States
1179 Posts |
Numismo, if you think $13.90 is expensive, try to get one on ebay for under $50. People go crazy of the mint wrapper. |
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Pillar of the Community
United States
6326 Posts |
Numismo.....Quote:
I've found 2 in bank rolls already at a cost of 1c each! 2 coins... ?.......most can get NONE from their banks (like me) and by the time you get both Mints I seriously doubt they'll be in BU condition !...  ........(by the time the Philly Mint trickles out to me in my area....it's going to be a bad condition/beat up ugly looking thing!.... ...) Well......anyway, try to find 50 D Mints and 50 P Mints in BU........"that's" what we're paying $13.90 for ! (besides the fact that we "can't" get them !) .....  And of course the "U.S. Mint wrapping" with an unopened roll......like it or not....can/does sometimes hold a premium over a "bank roll" or a "plastic coin tube".
Edited by eaglefoot
04/17/2009 11:23 am
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Pillar of the Community
United Kingdom
1077 Posts |
So why do you want 50 of each mint? Why would someone want more than one example of the exact same coin in a collection?
Plus I heard that some people don't even unwrap them. They just keep them in rolls. What's that all about? I'm not sure I even call that coin collecting.
Or is this all about investment? Hoping complete rolls are worth more in the future? Not having any interest in seeing your coins?
While I can understand that, it's still not coin collecting in my book.
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Valued Member
United States
259 Posts |
Quicksilver, I've got a mental image of you towering above me on a horse.
It's a bit of a downer to see a coin collector knocking someone for collecting what they like. (Which happen to be coins}
Just my 1/50th of a dollar.
Edited by gettingbrowned
04/17/2009 11:31 am
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Pillar of the Community
United Kingdom
1077 Posts |
Not at all. I am not knocking anyone collecting anything. I am merely trying to understand it.
Do people actually want to collect many of the exact same thing or is it for future investment.
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Bedrock of the Community
United States
12437 Posts |
Quote:
It's a bit of a downer to see a coin collector knocking someone for collecting what they like Remember that we have quite a few darksiders here(QuickSilver is from UK) and our strange American ways might seem a bit odd at times, like keeping a bunch of coins in rolls and never looking at them  - I do not think that other world mints usually sell coins by the roll with special wrappers that are not usually removed. Edited by biokemist6
04/17/2009 11:50 am
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Valued Member
United States
377 Posts |
Quote:
What's that all about? I'm not sure I even call that coin collecting. I have been COLLECTING Complete rolls of Lincolns since 1958 The are still wrapped and in Plastic Tubes Sealed with tape I also collect singles but I do feel That my roll collection is a Coin Collection |
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Pillar of the Community
United Kingdom
1077 Posts |
So have you ever unwrapped them to look at the coins and wrapped them back up. Or is that not possible without ruining the wrapper?
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Pillar of the Community
United States
1882 Posts |
Quicksilver, Some people try to assemble a complete BU roll sets. One roll of every Lincoln Memorial cent, for example. Others search through bank rolls to find the very best for their collection. Then there are those that look for varieties. And then there are those that just have a bunch of rolls laying around, and think they may someday want to do one of the above. :) |
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Pillar of the Community
United States
6326 Posts |
QuickSilver.....Quote:
Plus I heard that some people don't even unwrap them. They just keep them in rolls. What's that all about? I'm not sure I even call that coin collecting.
Or is this all about investment? Hoping complete rolls are worth more in the future? Not having any interest in seeing your coins?
While I can understand that, it's still not coin collecting in my book. I can't obviously speak for the U.K. or other countries, but in this country collecting "rolls" has been around for a long long time. It's about "both" ways of collecting......and all in between for me personally. I've been to many estate sales and coin auctions where rolls of cents or other denominations were there from a LONG LONG time ago. Some rolls by the decade and Mint. But Lincolns are the most common "rolls" that I see at these places where collectors who have died (estate sales) have had them for 50-80 years or more. There "IS" a certain collectibility with a "roll" .....There just is. With this Lincoln Cent being a SUPER popular coin for a hundred years and the MOST popular coin to collect in the United States by far....it shouldn't be that big of a surprise that folks will want "rolls" of the new re-design as well. The roll itself IS collectible......just like a "plastic coin tube" of whatever coin is too. To have an unopened roll of a "highly coveted coin of some level" isn't "anti-coin collecting".....or undeserving of being called a numismatist in my opinion AT ALL ! It may only be a very small part of my collection, but I believe it's okay to have them. I can have the coins in Sets from the Mint. I can have the coins in graded slabs. I can have the coins in folders. I can have the coins in albums. I can have the coins in rolls. It's all part of "collecting" and the hobby IMHO. For those who are ONLY interested in putting one coin from each Mint in an album to admire......then sure....that's fine too.
Edited by eaglefoot
04/17/2009 12:39 pm
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Pillar of the Community
United Kingdom
1077 Posts |
Right, so they are actually collected for the rolls themselves, and not just for future investment. Very interesting.
Our coins don't come in rolls. I don't think it would be the same collecting coins in a loose plastic baggy.
I am not sure how the mint sends coins to banks, but I assume they are loose in a bag of some sort?
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Pillar of the Community
United Kingdom
1077 Posts |
Do the rolls stop them getting bag marks, or are they already marked before they are rolled?
I think the temptation to open the roll to see if I had a rare error or something would be too great.
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Replies: 34 / Views: 2,513 |
Posted 04/17/2009 10:34 am
