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 Replies: 26 / Views: 2,564 |
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Pillar of the Community
United States
668 Posts |
Does it lower the future value of coins by taking them out of the mint roll? Say if I had a mint roll of jefferson dollars and I wanted to sell them in say 10 years. Would they be worth more in the roll?
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Bedrock of the Community
United States
62064 Posts |
I picked up a roll of George Washington Dollars and thought about searching them, but looked on ebay and they were wanting a lot more than face for them. Just depends on what happens to the coin market. If there are errors found in the rolls that you have, they might become worth more in the future. If not they are worth what you paid for them. Who knows what will be found in them and may make you change your mind and open them. When you buy a roll of coins, you should buy two. You could search one and sell the other if there is nothing of note in them. When you buy one roll you don't know what is in them and won't till you open them. (Usually a box of rolls comes from the same production bin and the rolls will have example from that day/weeks run. If there are errors in one roll the other should have the same. If there is nothing of note in the roll you bought, the other rolls will probably contain the same mixture in varying degrees of the same run of coins.) |
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Pillar of the Community
United States
7123 Posts |
original mint packaging as a rule adds value to the item if in fact demand adds any value to the Item.
are your rolls packaged in the US mint packaging or are they from a bank ?
If they are in rolls which were bought at a bank ,,that is not Mint packaging and probably would not in ten years or any years add value to the coins inside.
Metalman
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Pillar of the Community
United States
2443 Posts |
I think with so many collectors out there, rolls of the presidential coins won't be worth much in the next 10 years. Maybe in 50, not 10 but they will be worth more than individual MS coins.
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Pillar of the Community
United States
2269 Posts |
I see the Presidential rolls this way, I am saving one P roll for each president. 4 rolls per year X $25.00 each = $100.00 per year. 39 presidents by the time the series ends in 2016.
Hmm thats $975.00. Maybe my whole collection of 39 Presidential rolls will be worth $1000.00 in 2017.
Either way, I'm finding it hard not to open the rolls and spend them.
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Pillar of the Community
 United States
668 Posts |
I find it hard to open them, I would never spend them though
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Bedrock of the Community
United States
19931 Posts |
I open them and then cherry pick the finest examples....the rest I spend because they are really fun to spend.  Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Valued Member
United States
455 Posts |
I just picked up two rolls of the Jeffersons.
I've got two of each, 6 rolls so far. All unopened.
I don't know if they're Ps or Ds.
I'm going to keep socking them away, see what happens.
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Rest in Peace
United States
3730 Posts |
I don't know if mine are mint rolls, or something other.
I did get them from a bank, with the name of the President on the roll itself.
Is that considered a mint or a bank roll?
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Valued Member
United States
57 Posts |
Edited by Sagan
08/31/2007 01:56 am
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Bedrock of the Community
United States
19931 Posts |
Yea, and those mint rolls are done when you open one. The paper shreads into pieces, they're not like the regular bank rolls you can reuse.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
17884 Posts |
Bank roll opened or closed $25
Mint roll you pay a premium for, closed may be worth a small premium, open worth $25.
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Bedrock of the Community
United States
20753 Posts |
Posted - Yesterday : 8:57:45 PM I think with so many collectors out there, rolls of the presidential coins won't be worth much in the next 10 years. Maybe in 50, not 10 but they will be worth more than individual MS coins. This is more true than so many understand. Way, way back I fell for the Bicentennial Quarter stuff. I had hundreds of dollars worth of them. A friend had thousands of dollars worth. Brand new looking and hot of the press, so to speak. After 30 years we went tot coin shows and asked how much would anyone give for them. Jokingly most said $0.24 due to the fact no one really wants them. Everyone did the same thing and the market is flooded with them. Same will be with the State Quarters, silly baby sized Presidential dollars. In about 30 or so years they will be back in the banks vaults and you would have lost all that interest. BEEN THERE, DONE THAT. |
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Pillar of the Community
United States
668 Posts |
Carl I think you may be right.
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Pillar of the Community
United States
2443 Posts |
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Valued Member
United States
455 Posts |
Carl, I do believe you've nailed it. The only dividends involved in collecting these rolls is the fun of collecting. Anyone expecting a return will likely be disappointed. Oh well.
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Replies: 26 / Views: 2,564 |
Posted 08/30/2007 8:26 pm
