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What Would You Do - Original 1966 Bank Roll JFKs

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Earle42's Avatar
United States
10034 Posts
 Posted 08/03/2015  6:17 pm Show Profile   Bookmark this topic Add Earle42 to your friends list Get a Link to this Message Number of Subscribers
OK - I have an original bank roll or JFK halves. It was put away years ago by my Grandfather and is in the safe deposit box for storage. The note he put with it says it is a bank roll new from that year.

I want to Cherry Pick it, but am not sure if this is best. Is a roll like this something special to keep together? Next year it will be 50 years old.

Advice?

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Valued Member
109 Posts
 Posted 08/03/2015  6:54 pm  Show Profile   Bookmark this reply Add valleyco to your friends list Get a Link to this Reply
When you own a coin you can do whatever you want with it. You can't sell the sentimental value. It does not really have any historical significance. The only reason somebody would pay you a premium is so they can cherrypick it themselves. If it was mine and I wanted to cherrypick it, I would cherrypick it.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/03/2015  7:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Just bust it and let's see what's inside.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 08/03/2015  7:49 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
I don't know what the rolls sell for but there's no reason to rush to a decision.

Keep the note your grandfather wrote with at least one of the coins. Get a little frame or something.
Valued Member
United States
77 Posts
 Posted 08/03/2015  8:56 pm  Show Profile   Bookmark this reply Add Lincoln28 to your friends list Get a Link to this Reply
I would keep them. Imagine how cool your kids would think I would be to inherit these.
Pillar of the Community
1325 Posts
 Posted 08/03/2015  9:42 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
I am guessing the title is wrong and should say "original 1966 bank roll"?

I am pretty sure being in that acid containing paper that was used back then there is a high chance they are all tarnished by now. They might have a premium keeping them in the roll as being an original roll, but as coins themselves, the condition there will be no telling until, and it will happen one day even if not by you, the roll is opened and the coins checked.

The only thing you can know for sure without looking, if they are what should be in the roll, is that they are all business strikes intended for circulation and no proofs nor mintmarks. (assuming a 1966 roll of Kennedy halves).


Maybe a pic of the roll in question would help?
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 08/03/2015  10:05 pm  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
I have a few 40% rolls of Kennedy halves as well.

All bought from the LCS at something like $2 - $3 over what he was charging for Halves at the time.


I really trust my LCS and the rolls look very authentic and original. I really don't think he would have risked my business over making an extra $0.10 - $0.15 per coin.


Personally I haven't opened mine and don't plan to. What am I going to do with them, pick out a beautiful $4 coin maybe at best. Why bother I figure.

I wouldn't open them if I were you.
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Earle42's Avatar
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10034 Posts
 Posted 08/03/2015  10:21 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Sorry for the title - yup - 1966

He also left me other coins so this really us not an issue of just these having sentimental value. The coins all are slated to be passed on to my kids. But while I am the steward, I want to find hidden rareities that my kids may not care about later.

I need to do more looking into grading and what constitutes an MS JFK coin (specifics), I see some premiums are paid for them and if this is so, and one of the coins is in better MS condition, I would likely sell just that one and use the money to fill some holes in other sets.

Is there a chance of higher value MS coins in the roll? I need more education in this area.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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831Mani's Avatar
United States
144 Posts
 Posted 08/03/2015  10:25 pm  Show Profile   Bookmark this reply Add 831Mani to your friends list Get a Link to this Reply
Bedrock of the Community
Earle42's Avatar
United States
10034 Posts
 Posted 08/03/2015  10:28 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I want to give pics - my camera is not cooperating :(

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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giorgio11's Avatar
United States
406 Posts
 Posted 08/04/2015  10:29 am  Show Profile   Bookmark this reply Add giorgio11 to your friends list Get a Link to this Reply
The 1965, 66, and 67 business strike Kennedy halves are pretty rare in high Mint State grade -- by that, I mean MS66 and MS67. Most have too many abrasions to go above MS64, and/or they are outright circulated coins.

They are often confused with the 1965-67 Special Mint Set coins which are extremely common in those grades. Yours, if they are truly original bank rolls, have some potential! They are certainly business strikes. The question is do they have few-enough marks to qualify for a grade above Gem. I have a 1965 with what I call Picasso color in MS66 PCGS that I value at a few hundred dollars. Make the leap to MS67 and I don't have an MS67 of the 1966. I recently paid thousands of dollars for an MS67 PCGS example each of the 1965 and 1967 business strikes.

Happy hunting!

Best Regards,

George
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jbuck's Avatar
United States
188122 Posts
 Posted 08/04/2015  11:38 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I am guessing the title is wrong and should say "original 1966 bank roll"?
Fixed.


Anyway, do you collect coins or rolls? Answer that and you answer your question on what to do.

As for me and my house, we shall open those rolls.
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Earle42's Avatar
United States
10034 Posts
 Posted 08/04/2015  11:55 am  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Thanks jbuck - can always count on you!

I don't collect rolls - have a number of them though. Going through and cherry picking. If my camera was working I would be posting PICS of some of the finds.

I guess opening this roll is the answer. If nothing else, it will allow them to be stored in an air tight tube.

As to busting it open - nah - careful unrolling to preserve the wrapper also - its had a long life of service and deserves better

Will try to post pics of wrapper and content shortly.


How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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jbuck's Avatar
United States
188122 Posts
 Posted 08/04/2015  2:03 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
If nothing else, it will allow them to be stored in an air tight tube.
Something on which we can agree.
Bedrock of the Community
Earle42's Avatar
United States
10034 Posts
 Posted 08/04/2015  2:24 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
That... and Pepsi
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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jbuck's Avatar
United States
188122 Posts
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