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 Replies: 26 / Views: 2,582 |
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Valued Member
United States
246 Posts |
yeah, after reading this, I'm thinkin about just opening mine to see if there are any errors and then depositing them. I did get those neat little 4 coin holders from the mint for this year so I'm going to fill and keep those, but that's it.
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Rest in Peace
United States
3730 Posts |
just carl is definitely right.
I do put away a roll of each President, because of my love of coin collecting and of history I guess.
Maybe one of these days I'll break some open and give them to grandkids and some of my friends.
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Valued Member
United States
193 Posts |
Anything made in the billion quantity's is not going to have a premium attached to them as a collectible. (in the short term 25 50 years) especially if lots of of them are saved. and the ones that are saved are usually AU to MS condition. I buy a roll and pick the best 5 for the collection, and spend the rest.
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Valued Member
United States
455 Posts |
Then again, if the series is a flop, and congress discontinues the series, you never know.
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Pillar of the Community
United States
2269 Posts |
I don't think they will discontinue the series. I also don't see the Presidential dollars appreciating in value in 10 years. |
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Valued Member
United States
57 Posts |
^^ I agree with that. I was planning on getting one of each roll, but now decided against it, having almost $2000 tied up in coin that I just don't see appreciating at 5% per year just doesn't seem a smart thing now.  But I fully plan on filling the 8184 Dansco with BU coins and keeping them! |
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Pillar of the Community
United States
1984 Posts |
Everyone has been right on so far. If you don't love hoarding (AHEM) collecting then there's no reason to put away non-interest-bearing rolls.
I do it for the love of it. I buy 2 'p' mint coins when they come out and one roll from the bank with the President's name on it. My son gets to pick one for his album, and I set the other and the roll aside. When the kids go to college we'll probably bust out the rolls and they can use the money for pizza and beer.
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Pillar of the Community
United States
1691 Posts |
just carl is right...cherry pick for errors...save the best two or three of each..one to keep and couple to trade down the line...and move on with your life!
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Valued Member
United States
455 Posts |
quote Gary:Burke:"I don't know if mine are mint rolls, or something other." I'm a bit confused about mint rolls vs. bank rolls too.  I thought banks got their rolls from the mint. Mine say Harrisburg on them with the president's name on them. |
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Bedrock of the Community
United States
12437 Posts |
Banks do not get rolls directly from the US Mint. Banks get either recycled rolls or new mintage rolls from an armored car service(Brinks, Dunbar, etc). I believe that new coin rolls have to be specifically requested from the armored service otherwise previously circulated coins are delivered. The armored car services get new mintage coins from the Federal Reserve in huge ballistic pallets of a couple hundred thousand coins and then they are rolled by the service.
The rolls that are purchased directly from the Mint are the same coins that you can get from a bank. The only difference is coin wrapper.
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Valued Member
United States
411 Posts |
My bank has a coin club, and they always have the rolls of quarters and now dollars. The problem is, the mint mark is almost always P because I live on the east coast, and my understanding is that the western states get mostly D's.
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Replies: 26 / Views: 2,582 |
First Page
Posted 08/31/2007 3:55 pm
