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 Replies: 15 / Views: 1,535 |
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Bedrock of the Community
United States
10034 Posts |
OK - I have been trying to determine what to do with some of my extras. Back in the late (  ) 60s , 70s, and 80s, my grandfather used to put away a roll of pennies, nickels, dimes and quarters as soon as they came out. Sometimes these were unopened rolls from the bank (which he assumed were mint fresh rolls). Some of the others were the best and brightest BU coins he found with his business where he handled mucho change each week. If/when I go get these and search through them, how do I know which ones might be suitable for slabbing and how do I know which should be dumped back into circulation? I would guess a lot of these are still the BU coins they were when he put them into safe storage in the safety deposit box. I cannot take a pic of each one and post it here for opinions. Besides, I'd rather get an education so I can tell for myself. |
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Valued Member
United States
309 Posts |
Short answer is to say only slab those that are worth slabbing. If you have a $5 coin then what is the point of spending more than that on slabbing it. I suppose it depends on what you want to do with them. I would probably just build some sets of the finest specimans and enjoy doing that.
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Bedrock of the Community
 United States
10034 Posts |
I guess I should have been more specific. I see where MS65 coins (and above) of some of these dates are high in price. Knowing little of MS grading, is there anything I can go by which tells me if these are of that quality. Some are straight from the mint - does this not make them mint state and worthy of the higher grades? How would I tell?
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
United States
76 Posts |
Could they be worth more in unopened mint-fresh rolls from the bank?
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Bedrock of the Community
United States
10034 Posts |
I don't know - this is why I am looking for expert advice from the CCF family.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
United States
3540 Posts |
If truly mint rolls, leave as such. If handwrapped, search away, obviously paying attention to what dates/mm command a premium in high grade.
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Pillar of the Community
United States
3294 Posts |
Realistically, there are almost no coins from the 60s-80s that would be worth slabbing in MS65, though many more would be worth it at MS66. I would suggest getting some really good photos of a few of the very best and we could help out a bit.
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Bedrock of the Community
United States
10034 Posts |
When I am looking for the very best - how do I determine this? I have noted it is not always luster that makes a coin be an MS70. From my reading I thought a perfect MS70 would have original luster and absolutely no marks/blemishes. Yet I recently got back a 2008 REV of 2997 ASE that I could find a small, light blemish on the front. However, NGC sent it back as MS70  If you look at "IN," just about straight up from the letter N's right leg, and about halfway up that empty field, you can see the blemish. It came this way from the mint.  And since I know, for example, I have an entire roll of, lets say, 1971 quarters in beautiful shape - do I post a pic of each (could take awhile). And it really could take awhile considering I have a roll of each year. Also - in some of the bank rolls, would it be very likely there would be some MS66s + in these? Edited by Earle42
05/30/2012 10:02 pm
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Valued Member
United States
236 Posts |
There is not a quick answer to your problem that has favorable results. I suggest you invest in some good reference material on grading mint state coins, preferably for the specific coins you are dealing with. There are books and online photogrades that can help, but these are mainly for circulated grade coins. Research is your best bet and then practice grading. Neither of these will get you there in a hurry.
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Bedrock of the Community
United States
10034 Posts |
Thanks for the advice - Oh well - I guess this means I will just have to spend more time with my coins!!
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Valued Member
494 Posts |
You never said what your goals are. If you are looking to clear out to make room - keep them intact and sell the OBW rolls on ebay as "unsearched" if truly not opened (or sell them to me...haha). If you are expanding/upgrading your collection, the photograde/reference suggestions previously made would be a good start. Do you have a smartphone? iPad? PCGS has a photograde app that looks stunning and is a great start. Are you looking for varieties? Start grabbing the 1969, 70, 72 cent rolls (there are more, but those are the possible jackpot years) Also... you're right! Spend some more time with them - (is that a bad thing?) :-) Would love to be in your position! Have fun! |
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Bedrock of the Community
United States
20753 Posts |
I'm not a roll collector so my advice would be to open them all. Search them for oddities, doubled dies, etc. If nothing worth a real lot, place some in Albums and either sell the rest on ebay or just dump into a bank. |
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Pillar of the Community
United States
2295 Posts |
Learn what valuable varieties are worth looking for first.
Check out:
www.varietyvista.com
www.conecaonline.org
www.coppercoins.com
It'll take a long time to learn them, but it could pay off big time, for just 1-2 rare ones!
And the BU rolls for 1982-83 for all denominations (since no official Mint sets were minted) and 1986 cents are worth quite a bit as BU rolls.
For cents, learn to find doubled dies and wide and narrow AM varieties. Some valuable years are 1983, 1984, 1988, 1992, 1998, 1999, and 2000.
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Pillar of the Community
United States
7840 Posts |
If they are "pot marked" let 'em go. I cannot give any advice on what date & mm combos to look for, other than concurring on the 82 & 83 coins mentioned previously, I would start by looking for "clean cheeks" and fields for MS65+ coins.
Edited by oih82w8
05/31/2012 11:16 am
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Bedrock of the Community
United States
10034 Posts |
I appreciate everyones's input. I have the Cherry Picker's Guide so will definitely be looking over everything with an eye to varieties. And also will be looking for the clean fields and cheeks. Quote:
Also... you're right! Spend some more time with them - (is that a bad thing?) :-) That was said tongue in cheek! How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Bedrock of the Community
United States
10034 Posts |
Quote:
You never said what your goals are. To get rid of excess weight that will never be worth anything (and losing more value each day) and convert it to coins I would like to get. |
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Replies: 15 / Views: 1,535 |
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Posted 05/30/2012 5:39 pm
