| Author |
Replies: 20 / Views: 5,905 |
|
Pillar of the Community
United States
4233 Posts |
A similar question has been asked ad nauseum on this forum, so here it is again. Good friends in NE Iowa were kind enough to obtain a roll of 2017 Effigy Mounds quarters from Kerndt Brothers Bank at the official rollout of these quarters. The roll arrived today. Both ends are obverse, D mint. Which kind of surprises me, since I figured in NE Iowa they'd be getting Philadelphia. So I can't even see the reverse design or know that they're all Effigy Mounds. The label on the roll is N.F.String & Son, Harrisburg, PA, which is weird given the D mint. The roll gives no indication that this was handed out during the coin launch. One visible obverse has a scratch from the eye to the hair, and two parallel streaks that look like it was struck through a tiny bit of grease. The other visible obverse looks like it might get MS64 at best. I mean, every coin in this roll is MS, right? So, of course my quandary. My original interest was having ties to the Effigy Mounds area, and wanting to get some virgin coins from the launch. Would you bust it open and search it for the highest grade and spend the rest? Would you just chuck it in the coin box thinking an original unsearched roll of these might have some value years from now or to your heirs? Etc. I really want to see what the reverse looks like in person though, so I probably have my answer.  
|
|
|
|
New Member
United States
47 Posts |
|
|
Pillar of the Community
 United States
4233 Posts |
I'm guessing that will be the majority opinion. I'm looking for a reason not to!  The mint is selling a 2 roll P/D set for $32.95. The temptation is just killing me.
|
|
Pillar of the Community
United States
1699 Posts |
From my experience, D Mint N F String & Son is typical in Iowa.
|
|
Moderator
 United States
54280 Posts |
Quote: The label on the roll is N.F.String & Son, Harrisburg, PA, which is weird given the D mint. N F String & Son manufactures the wrapper, which are sold all around the country to owners of coin wrapping machines. They also sell coin processing (exchange bulk coins for ACH credit) and coin counting and wrapping services. I don't know if the US Mint contracts with them or not. 
Edited by nss-52 02/13/2017 10:41 pm
|
|
Bedrock of the Community
 United States
12815 Posts |
Quote: I really want to see what the reverse looks like in person though, so I probably have my answer. This. I'd open it. I don't imagine it would be too hard to come by another roll if you wanted one.
|
|
Pillar of the Community
United States
4867 Posts |
I'd spend them. 
|
|
Pillar of the Community
United States
4211 Posts |
Yep, I would open them and pick out the best to keep and spend the rest. 
|
|
Pillar of the Community
 United States
4233 Posts |
nss-52, I would have to guess Kerndt Brothers Bank got mint bags of them in advance of the release and utilized N F String & Son equipment/supplies to roll them. Still a bit disappointed that they're all probably D mint. I bet my own bank will have them soon if not already. I have downgraded my estimate of the end coins to MS62. There's just so many dings and scratches. Straight from the mint to the bank rolling machine. Ugh. Not much hope of a gem in the roll. But hey, I bet I'm one of the first on this forum to have a 2017 quarter.
|
|
Pillar of the Community
United States
1963 Posts |
|
|
Moderator
 United States
187851 Posts |
Open. Do not regret it. 
|
|
Pillar of the Community
United States
869 Posts |
 You could always store them in a clear tube if you want to keep the roll intact. . . 
|
|
Pillar of the Community
 United States
4233 Posts |
I busted them out. Especially after browsing through ebay last night and seeing all the "postmarked" rolls already for sale, there was no reason to keep a generic roll intact. I pulled 9 out into a "check again" pile and below is I think the best one. Strangely (or perhaps not), at least half a dozen of them have odd striations between Liberty and George's chin, like thin grease splats. Not sure if they were all Struck Through Grease or it's plating flaws. George's neck has it too. I might try to capture that later. Anyway, it was fun while it lasted. They're in a tube now. I can't get over how many scratches and dings there are, but they're just spewing millions of them into giant bins. Quite a few have little brown spots like they sneezed coffee on them. I'm actually liking the reverse more. If you've ever been there, it kind of captures what it's actually like. Open fields surrounded by oak forest, bears marching off into the distance. What are these things doing here? What was going through these people's minds when they made them? It evokes that for me. Thanks for listening.   
|
|
Pillar of the Community
United States
666 Posts |
Great question and very helpful answers. I've had similar questions about new circulated coins from the US Mint.
|
|
Pillar of the Community
United States
869 Posts |
Quote: I can't get over how many scratches and dings there are, but they're just spewing millions of them into giant bins. Quite a few have little brown spots like they sneezed coffee on them. I was at the Phila. Mint yesterday watching them make quarters. You're not too far from the truth! 
|
|
Moderator
 United States
187851 Posts |
Quote: I busted them out. Excellent! 
|
| |
Replies: 20 / Views: 5,905 |