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Peace Dollars: Bags Or Rolls?

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Go-Rebels's Avatar
681 Posts
 Posted 01/13/2015  12:58 pm Show Profile   Bookmark this topic Add Go-Rebels to your friends list Get a Link to this Message Number of Subscribers
Were Peace dollars shipped out of the mints in bags like the manner in which Morgan dollars were shipped? Or were some year/mints shipped in rolls or via other methods?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/13/2015  1:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The Mint has never done rolls for Business Strikes; the distributor is the entity which creates rolled coins. Coins leave the Mint in bags today. There are a few dedicated products sold by the roll, though.
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tkbslc's Avatar
United States
1158 Posts
 Posted 01/13/2015  1:36 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
Yeah, circulation coins just come off the mint assembly line and are pumped through a coin counter that spits them out into bags. That's why the coins the mint sells as "collectible" are done with special handling and minting procedures.

It also describes why it is so rare to have a MS-66+ circulation coin.
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Conder101's Avatar
United States
17884 Posts
 Posted 01/13/2015  3:30 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The Mint has never done rolls for Business Strikes;

One exception, the 2000 and 2000 D Sac dollars were delivered upon request directly from the mint to banks in the yellow US Mint wrappers.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 01/13/2015  3:35 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
In answer to your query, yes Peace dollars were shipped in bags of $1000 , the same as Morgans . Many Peace dollar bags were distributed through the Treasury as late as the first part of 1964, when distribution of Silver Dollars was halted.
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