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Presidential Gold Brick Ballistic Rolls

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mrwisker's Avatar
United States
581 Posts
 Posted 09/10/2013  9:19 pm Show Profile   Bookmark this topic Add mrwisker to your friends list Get a Link to this Message Number of Subscribers
After aquiring a set of john Adams gold brick ballistic roll, I decided to look around to see what they may be going for....
Strange enough, they barely seem to be worth 50.00 for 50.00 face value of coins.
Are the Presidential dollars just that unpopular?
There was a finished auction on ebay for 40.95 plus 10.00 shipping.
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CoinDan98's Avatar
United States
1053 Posts
 Posted 09/10/2013  11:38 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
What's a ballistic roll?
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tokenmast's Avatar
United States
648 Posts
 Posted 09/11/2013  01:06 am  Show Profile   Bookmark this reply Add tokenmast to your friends list Get a Link to this Reply


Just a guess

after removing lead pellets, the roll is tapped to shot gun shell?
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 09/11/2013  01:17 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
Maybe he is talking about shotgun rolls of John Adams dollar coins. Tightly wrapped rolls with tamper-proof ends by a bank or the mint are often called shotgun roll(s).
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barryg's Avatar
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5823 Posts
 Posted 09/11/2013  09:32 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
No, "ballistic rolls" are a marketing scam done by the World Reserve Monetary Exchange. They basically repackage a regular roll of Presidential dollars in cardboard "gold bricks" and hype them to the moon and back as something special, but in the end they are still just ordinary face-value coins.
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CoinDan98's Avatar
United States
1053 Posts
 Posted 09/11/2013  11:13 am  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
Aha! Now know exactly what your talking about. I went to an estate sale where they had one and they were charging $60.00
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mrwisker's Avatar
United States
581 Posts
 Posted 09/11/2013  4:01 pm  Show Profile   Bookmark this reply Add mrwisker to your friends list Get a Link to this Reply
yes, a 'ballistic" roll is a gold brick box with a tube of uncirculated golden Presidential dollar coins.
it is a roll of 50 coins.
It seems odd that fifty dollars in face value coins are almost selling less than face value while packaged this way.
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barryg's Avatar
United States
5823 Posts
 Posted 09/11/2013  5:02 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
No, it would be odd if fifty dollars in face value coins actually sold for more than face value while packaged this way.

Fancy packaging doesn't increase the value of the coins.
Edited by barryg
09/11/2013 5:04 pm
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CoinDan98's Avatar
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1053 Posts
 Posted 09/11/2013  7:48 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
But I too would figure they would maybe have A LITTLE premium being BU. But technically LESS than face value?
WOW.
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gtnorthwest's Avatar
United States
36 Posts
 Posted 09/12/2013  03:55 am  Show Profile   Bookmark this reply Add gtnorthwest to your friends list Get a Link to this Reply
Looks like the best thing to do in this situation is get the seller's address, go to their location and pick up all the rolls you can at $41 each with no shipping costs. Assuming travel expenses don't outweigh the profit. On second thought, given the price of gas these days...
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Bizybackson's Avatar
United States
1817 Posts
 Posted 09/13/2013  01:24 am  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Sorry, I misunderstood. I always thought the "ballistic" meant what the owner would be after finding how much his or her double shotgun rolls were really worth in the open market...
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DNA's Avatar
United States
2734 Posts
 Posted 09/15/2013  1:41 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
"Ballistic" refers to the Kevlar Ballistic Bag pallets that business strike coins are deposited into by the coin press.

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