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Replies: 14 / Views: 1,603 |
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Pillar of the Community
United States
663 Posts |
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! 
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Pillar of the Community
United States
2077 Posts |
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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Pillar of the Community
United States
1234 Posts |
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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Pillar of the Community
 United States
663 Posts |
Thanks for the advice! Sounds like one of those World Monetary Reserve Exchange deals.....
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Pillar of the Community
United States
784 Posts |
I'd open them all, look for no edge lettering errors, keep the best looking ones and dump the rest.
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Bedrock of the Community
United States
20753 Posts |
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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Pillar of the Community
Canada
1700 Posts |
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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Pillar of the Community
United States
4867 Posts |
Spend away and watch the responses you get!
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Pillar of the Community
United States
1531 Posts |
 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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Moderator
 United States
56855 Posts |
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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Pillar of the Community
United States
4867 Posts |
With billions of these held in government vaults I doubt there will ever be any real value.
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Pillar of the Community
United States
6130 Posts |
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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Pillar of the Community
 United States
663 Posts |
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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Pillar of the Community
United States
2077 Posts |
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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Pillar of the Community
 United States
663 Posts |
Sigh.....good point..... :(
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Replies: 14 / Views: 1,603 |
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