| Author |
 Replies: 10 / Views: 1,414 |
|
|
New Member
United States
4 Posts |
I've been buying rolls of proof coins (Presidential and State Quarters) and rolls of the State Quarters. By themselves, the cost of grading would be more than the book value of the coin. I assume that these are good coins which people would be happy with later on. But, I'd probably still have to sell them as rolls. What is the best position to take on these?  |
|
|
|
Valued Member
United States
136 Posts |
I can't answer that as expert or anything but I can tell you about the stupid Sacagewea dollars I bought in a roll. I bought a roll from the mint and these little plastic cases with a painting on it or something for the neices and nephews. They were uncirculated and I did remove them with a glove and place them in the case and closed it and sent each neice/nephew one of these and a proof set for that year. Well the other day when I started posting on this board, I had two of these cases left with the coins still in them. They were all discolored! So if it were me, at least on those, I'd keep them in the roll.
|
|
Valued Member
United States
470 Posts |
I never understood why folks buy rolls of proof coins. I mean someone had to take them out of the government packaging, and when they did, they most likely cherry picked them before they made tje roll. Also in a roll with the coins touching, they would only grade out 60-63 ..maybe. Where is the value in that?
I can see a guy buying one coin for his album set but a roll?
|
|
Bedrock of the Community
United States
17884 Posts |
quote:
if you got the 1999 1st 5 P&D from the mint they sell for about $100-120.00 per roll that's not bad a return $35.00 in 1999
Those prices can't be for rolls purchased from the mint because the mint didn't start selling quarter rolls until late in 2000. I believe the first rolls availale directly from the mint were the VA rolls. $2 dollar bags were available at the beginning but not the rolls. |
|
Valued Member
United States
189 Posts |
Edited by lucifer
11/07/2007 9:42 pm
|
|
Valued Member
United States
470 Posts |
I think original poster must be confused. The mint does not sell PROOF rolls.
Edited by Andrew289
11/07/2007 11:33 pm
|
|
Valued Member
United States
383 Posts |
Lucifer those rolls are mint licensed but the rolls purchased directly from the mint come in small white boxes and I'm 99% sure started with New Hampshire. Hard to find but originally offered with 4 rolls, 2 P & 2 D per box.
|
|
Valued Member
United States
470 Posts |
Are you confused Gooey? Are you talking about rolls of business strike coins?
|
|
Pillar of the Community
United States
1026 Posts |
Bought a bank roll of 1999 Delaware D mint off ebay not long ago maybe a month for $ 34.00 As for the rolls the mint sells for a premium personally I don't think they will ever be worth what you pay the mint for them in my life time anyway probably not even in my kids life times. Just my 2 cents Oh yea forgot I do collect rolls of the State Quarters not that I feel they will be worth allot but I make up books and give to the family members as gifts just made three for Christmas presents for three nieces Edited by Brucec
11/08/2007 11:03 am
|
|
Valued Member
United States
314 Posts |
I buy proof rolls and bu rolls on ebay. Reason later I going to tearup rolls and buy books to install them later for resale on ebay. Somebody said there was no value in buying proof rolls or tons of proof sets to take apart . There is if you sell the coins or install them in sets for resale. Example I need an proof roll of 1991 cents that cost 480 to 550 just for roll. I will buy 50 proofs sets at 11 bucks each for 550 to 600 dollars. I will destoy them and sell the half , dime, nickel , quarter out the set to offset the cost of making an 1991 cent roll for my 59 thru 2007 bu roll set needs to complete it. I may do that with 68 thru 07 if I cant find solid date rolls of proof cents. So with my roll set and if I get 50 books from Dancso I can build 50 complete sets all at same time I trying to do. So that explains why be buy proof rolls or bu rolls of coins all the time. Chevrolet454ss |
|
Bedrock of the Community
United States
62064 Posts |
On the 1960-1964 Proof rolls of Cents, collectors of varieties buy them to search them for doubled dies. They are getting harder to find now.
|
| |
Replies: 10 / Views: 1,414 |
|
Posted 11/07/2007 10:01 am
