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Presidential Dollar Rolls

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Author Previous TopicReplies: 14 / Views: 1,603Next Topic  
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Agrippa's Avatar
United States
663 Posts
 Posted 04/22/2014  1:35 pm Show Profile   Bookmark this topic Add Agrippa to your friends list Get a Link to this Message Number of Subscribers
The nice teller at the bank set these aside for me. She helps me when stuff that "looks different" comes in. I have not been collecting dollar coins (other than Ikes) and know nothing about these. Any advice on opening these rolls, not opening, keeping, dumping them? Thanks!

Presidential-Dollar-Rolls
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 04/22/2014  2:54 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
These aren't mint issued rolls, so they don't add any value. Uncirculated specimens should be worth a bit over face value, but good luck getting anyone to pay that. I'd open them up, save the absolute best and spend the rest.

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ASLAN TVorlon's Avatar
United States
1234 Posts
 Posted 04/22/2014  3:19 pm  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list Get a Link to this Reply
I'd say hold onto one role of each George and John for a rainy day, maybe the premium will go up before it rains

might be fifty years thou
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Agrippa's Avatar
United States
663 Posts
 Posted 04/22/2014  3:46 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
Thanks for the advice! Sounds like one of those World Monetary Reserve Exchange deals.....
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rking007's Avatar
United States
784 Posts
 Posted 04/22/2014  8:01 pm  Show Profile   Bookmark this reply Add rking007 to your friends list Get a Link to this Reply
I'd open them all, look for no edge lettering errors, keep the best looking ones and dump the rest.
Bedrock of the Community
United States
20753 Posts
 Posted 04/22/2014  8:35 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I'd open them all, look for no edge lettering errors, keep the best looking ones and dump the rest.

Same for me. Except I don't think I'd waste time even looking for errors.
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Petersun's Avatar
Canada
1700 Posts
 Posted 04/22/2014  8:52 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
They're just circulation coins machine rolled from those dollars issued in mint bags. The coindition should'nt be too impressive.
Error searching, perhaps?
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TheForce's Avatar
United States
4867 Posts
 Posted 04/22/2014  10:09 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Spend away and watch the responses you get!
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/23/2014  01:32 am  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
I always spend my Pres, Ike, Sac, and S.B. dollars at the local corner store because the young clerks always get a kick out of them since they've never seen 'em before.
Record responses:
Presidential and Sacagawea: "Ooh, these is gold?" No.
Ike and Sacs: "I'ma have to get me somma these!"
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John1's Avatar
United States
56855 Posts
 Posted 04/23/2014  05:36 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I don't see these going up in value much for a long time.I have some rolls put away myself.You should open them and look for errors/varieties and high grade and then spend the rest,IMHO.
John1
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TheForce's Avatar
United States
4867 Posts
 Posted 04/23/2014  07:26 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
With billions of these held in government vaults I doubt there will ever be any real value.
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Finn235's Avatar
United States
6130 Posts
 Posted 04/23/2014  5:12 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
If these are uncirculated, you have a shot at some Godless dollars here. I'd pop 'em open and check for missing edge lettering. Last I heard, Washington goes for $50-75 and Adams goes for a bit more.

I'm very curious as to the inside-out wrapper. Never seen one like that before.
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Agrippa's Avatar
United States
663 Posts
 Posted 04/23/2014  6:34 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
I opened the "inside-out" wrapper. It was a mix of presidential, SBA, and SAC. I am conflicted on opening the others.... I see some have sold recently on ebay for $10-$15 a roll above FV. I guess I see it as making an almost guaranteed $40 off selling them or opening them for the chance at making more than face. What do you think? I wish I was into the dollar coins, but I just haven't connected with collecting them for some reason.
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 04/23/2014  10:10 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
If you can get $10 over FV, you'll pay about $6 in paypal and ebay fees. Don't offer free shipping or you'll be in the hole.



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Agrippa's Avatar
United States
663 Posts
 Posted 04/23/2014  10:51 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list Get a Link to this Reply
Sigh.....good point..... :(
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