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 Replies: 16 / Views: 2,814 |
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Pillar of the Community
Canada
1018 Posts |
Do you crack open your mint wrapped rolls or do you like to let them percolate awhile?
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Pillar of the Community
United States
534 Posts |
I keep my rolls in mint packaging. I understand that they can get bad toning from the wrappers, but thats my preference.
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Pillar of the Community
Canada
2517 Posts |
If they're just mint rolls from the bank, I open them to look through. Then return the ones I don't like (which is almost all of them).
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Pillar of the Community
 Canada
1018 Posts |
This is where I am torn sometimes, for instance, I have some mint wrapped 1996 penny rolls. Do I open them and look for gem quality, errors, clips, blanks. If I open them then storage becomes the main issue as they should be MS quality strikes and should be delt with accordingly. But its also nice to say I have unopened minted wrapped 1996 rolls. I want to look but I'm on the fence.
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Moderator
 United States
56855 Posts |
I save a few unopened rolls with the heads on one end and tails on the other end. Then I open the others and pick out the high grades and put them in 2x2's,look for errors/varieties. John1  |
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Bedrock of the Community
United States
17884 Posts |
Quote:
If they're just mint rolls from the bank, You don't get mint wrapped rolls from the bank, you get bank or armored car service wrapped rolls from the bank. Quote:
I have some mint wrapped 1996 penny rolls There are no mint wrapped cent rolls before 2008. |
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Pillar of the Community
United States
7840 Posts |
The rolls that I do have of 1982 LMC (all seven varieties) have not seen the light of day for a while...maybe I need to check on them. Who knows what kind of toning these may have taken on? Anybody remember Virg Marshall III? That is where I got them from including a few of the Seven Varieties in a little plastic holder. Now I am curious as to what they look like. Edited by oih82w8
01/24/2015 10:22 am
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Pillar of the Community
Canada
1018 Posts |
conder101 maybe in your area you dont get mint wrapped rolls from the banks, but in Canada we do and can. I have mint wrapped penny rolls from 1996 and 1995 and I picked up toonie rolls this week from a bank in mint wrap. I guess in the usa they sort and wrap your coin differently.
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Bedrock of the Community
United States
20753 Posts |
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conder101 maybe in your area you dont get mint wrapped rolls from the banks, but in Canada we do and can. Unfortunately here in the USA most people are fooled into thinking that rolls of coins just have to come from the U.S.Mint. Normally when we go to a bank and get rolls of coins they have either been rolled by some individual or some company hired by a bank By me all coins turned into BOS goes in plastic bags to a company that counts them, rolls them, sends back to that or other banks. Therefore in most instances we just get rolls of coins that have been gone through over and over and over. |
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Pillar of the Community
United States
2270 Posts |
Quote:
Unfortunately here in the USA most people are fooled into thinking that rolls of coins just have to come from the U.S.Mint. Normally when we go to a bank and get rolls of coins they have either been rolled by some individual or some company hired by a bank By me all coins turned into BOS goes in plastic bags to a company that counts them, rolls them, sends back to that or other banks. Therefore in most instances we just get rolls of coins that have been gone through over and over and over. A lot of people check coins for silver but almost nobody is looking at the clad. Clad coins have been made for half a century and then they just get dumped into circulation. Of course there are a few people saving states coins and looking for ones they don't have yet, but people aren't pulling out XF 1971 quarters. Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
2270 Posts |
When I get BU rolls I almost always open them and then spend anything that isn't a Gem or a variety. If the roll has a little value then I'll rewrap it for sale or trade.
I sometimes save rolls that I know are extra nice. People love nice surprises.
Time don't fly, it bounds and leaps.
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Bedrock of the Community
United States
17884 Posts |
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conder101 maybe in your area you dont get mint wrapped rolls from the banks, but in Canada we do and can. Sorry when I replied to you earlier post I didn't realize you weren't in the US. My comments only related to US rolls. |
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Pillar of the Community
Canada
1018 Posts |
No problem conder101, I opened a mint wrapped roll of JA Macdonald toonies today, lots of clash marks , no gem quality ones or errors. Lots of rim waffling which detracts from the coin. I opened this roll as I have another which I won't open for awhile.
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Pillar of the Community
United States
1208 Posts |
If it's not truly wrapped by the U.S. Mint, but rather a bank, I don't
bother saving them in rolls. If it's something that was rolled by the
mint, like the Kennedy P/D rolls they sell each year, I keep them rolled.
I'm not even sure why I buy them, to tell the truth. I have mint rolled
2009 cents, Louis and Clark commemorative nickels, and of course the JFK
P/D rolls that I get every year. I pay way too much for them, never open
them, and they just sit stored away. Can't spend them, and can't open them.
They'll never be "investment value" in my lifetime either.
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Valued Member
United States
59 Posts |
Which is better?
To leave them in the mint paper? or
Transfer them to a round or square tube?
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Bedrock of the Community
United States
17884 Posts |
Depends. If there is a premium for a MINT wrapped roll and you transfer them to a plastic tube, you've thrown away that premium.
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Replies: 16 / Views: 2,814 |
Posted 01/23/2015 11:31 pm
