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Hunting Coin Rolls For Collections?

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Author Previous TopicReplies: 7 / Views: 1,203Next Topic  
Valued Member
Mystic2's Avatar
United States
147 Posts
 Posted 03/27/2013  03:34 am Show Profile   Bookmark this topic Add Mystic2 to your friends list Get a Link to this Message Number of Subscribers
i originally was going to buy like a $10 roll of barber halfs or 2 %$ of dimes
or a $10 of franklins or walkers or quarters
to start my silver collection
and buillion at the same time.
But after looking at the grade of some of them
I think I might just buy guaranteed junk silver rolls
for bullion and just save for the better grade coins.
basically I'm asking if yall think it would
be worth it to buy slightly better grade rolls
from say APMEX and take the chance,
or just buy a roll for bullion then buy coins I want?
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 03/27/2013  03:41 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
somewhat related: I bought a few rolls of full date Buffalo nickels to make a set, but eventually had to buy some to complete the set.
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basebal21's Avatar
13014 Posts
 Posted 03/27/2013  03:45 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Ill go out on a limb and say the APMEX rolls would be decent to get a roll for the start of your collection. I highly doubt they contain anything but the common dates and mint mark coins so after the first roll or two youll just be getting a lot of duplicates
Valued Member
Mystic2's Avatar
United States
147 Posts
 Posted 03/27/2013  03:53 am  Show Profile   Bookmark this reply Add Mystic2 to your friends list Get a Link to this Reply
yes but would it be worth it to start a basic set,
then just upgrade them and put the old into bullion
or sell/trade for true junk coins. I just am trying
to figure the way to get the most bang for my buck.
Honestly my first step is to get me the 2 flying eagles
and a large cent in decent shape then I'm all about starting
collections. Another thing are slabbed coins overrated or
should I be buying slabbed ones and forget the raw ones?
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basebal21's Avatar
13014 Posts
 Posted 03/27/2013  04:10 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
As a quick starter set I can see the appeal of it, though even one roll will probably have duplicates.

The answer will depend on what grade set you want. If you just want G/F circulated set and would be happy keeping duplicates as bullion its not a bad idea. I cant remember what they charge off hand for the roll but if its 15 16 a coin thats about what a lot of the ebay ones go for. But if you want a higher grade set the duplicates will be to nice to be considered bullion and youll end up with extras where it would have been cheaper to just buy them individually.

Some people hate slabs but theyre readily accepted in the hobby. Even most people that hate slabs will concede that theyre good for key date coins to make sure what youre getting is authentic. Is it worth it to have every last coin you own slabbed, not really unless you get some real good deals.

I personally have all my more valuable coins slabbed and am pro slab. Aside from the authenticity and grading I like the protection they provide and the ability to handle and look at the coins without worrying about harming them.

Its really a personal preference but if you were going to buy a 1916 d Mercury dime for instance I wouldnt buy one that wasnt graded. If you do go with the slabbed coins stick to PCGS NGC and ANACS and stay away from the basement slabbers. PCGS is considered the best and has the highest premiums followed by NGC followed by ANACS though ANACS does more Morgan varieties if you get into that. I would recommend slabs if you decide to do high end sets, its hard to give a blanket answer to that question that would applies to all series or even all the coins in a series.
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Mystic2's Avatar
United States
147 Posts
 Posted 03/27/2013  12:49 pm  Show Profile   Bookmark this reply Add Mystic2 to your friends list Get a Link to this Reply
but in general if your going for a set thats anything above g/vg
slabbed would probably be the way to go? other then that unless you
get a good deal its better to buy raw.
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baysinger626's Avatar
United States
950 Posts
 Posted 03/27/2013  2:41 pm  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply
Condition isn't a big factor for me so I would buy the bulk ones and go from there. Cant hurt right? If I remember correctly, APMEX doesn't charge a big mark up or anything so it shouldnt be difficult to get back almost your entire investment if you dont like what you find.
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basebal21's Avatar
13014 Posts
 Posted 03/27/2013  4:12 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
but in general if your going for a set thats anything above g/vg
slabbed would probably be the way to go?


For me it would. Slabbed or raw set Id probably buy the 1892 0 and S slabbed to be on the safe side.


Quote:
other then that unless you
get a good deal its better to buy raw.


Whether its better is a matter of personal preference but for barbers itd be cheaper to buy the g/vg raw. I personally wouldnt slab a barber half set in that grade, maybe the key dates but not the common ones
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