Entire $1000 Box Of Gem Presidential Dollars From A Local Bank

To participate in the forum you must log in or register.

Author	Replies: 11 / Views: 5,558
man2004 Valued Member United States 338 Posts	Posted 10/26/2017 01:26 am I just opened my "new" box of small Dollars. To my surprise, every roll appears to contain gem Presidential dollars, mostly MVB. Unfortunately, they are not wrapped in US mint rolls. I don't have the heart to touch them since they look brand new (untouched). What would you? Would you open the rolls to search them, dump them, or hold onto them untouched? Report this Post to the Staff

Fuzzy317 Moderator United States 14463 Posts	Posted 10/26/2017 01:34 am There might be ones with missing or double edge lettering. I spend them on Project $100K Report this Post to the Staff
Crazyb0 Rest in Peace 10197 Posts	Posted 10/26/2017 01:36 am That means they are straight oughta da bag to yo' doorstep. A whole lotta dough to "invest in a very "iffy" future return IMHO. I dumped what little I had after seeing those I got in rools from the bank in similar way start turning. Seems unless those buggers are entombed in plastic, they're worthless. That's the $64,000 question, do you go through a box like this like the big boys looking for the better than MS68's to mass submit or just return it and not waste the time and effort. They look first outta the bag, so maybe not a lot of jostling when on in distribution to and from Fed. Report this Post to the Staff
spru Bedrock of the Community United States 12477 Posts	Posted 10/26/2017 01:50 am Why not go through them? It would be fun and maybe you could find some interesting errors or pristine coins. There's no loss since they are all worth at least $1. If you don't feel like it, you can always send them my way and I'll check. In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
man2004 Valued Member United States 338 Posts	Posted 10/26/2017 02:07 am I'll probably do a quick pass then dump them. BTW, are US Mint rolls labeled with the president's name worth keeping? I've picked up a few US Mint Presidential dollar rolls and some Mint early sac dollar rolls (2000-2002). Report this Post to the Staff
Fuzzy317 Moderator United States 14463 Posts	Posted 10/26/2017 02:18 am Hopefully, an expert will speak, but I think all circulating coins leave the mint in bags. The rolling is done by a third party, and that may mean they have been searched a little. Don't quote me on that Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 10/26/2017 05:03 am The mint ships coins in Ballistic Bags that hold tons at a time to a armored car service like Brinks. Brinks does not search them.They count and roll them.I would search them for errors and varieties as well as any higher grade ones. John1 Report this Post to the Staff
jbuck Moderator United States 188770 Posts	Posted 10/26/2017 09:45 am Search them! Otherwise, why bother getting the box? Then spend the rejects as Fuzzy suggested. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
TNG Bedrock of the Community United States 10284 Posts	Posted 10/26/2017 10:47 am These coins are notorious for bag marks. It is not easy to find a truly problem free gem. Some of the more recent ones are much lower mintage than the early ones. I would carefully open the tubes, look through them for plain edges, then look for the nicest 25 coins out of the whole bunch. Put those in 2x2's. Roll up the rest in the wrappers you saved ( or get new ones ) and take the $975. 00 to the bank and make a deposit in your checking account. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 10/26/2017 11:19 am As I've said before, we need an emoji of a crazed maniac shredding through rolls with paper flying everywhere. Report this Post to the Staff
berto Pillar of the Community United States 840 Posts	Posted 11/02/2017 5:13 pm I recently bought $1550 worth of small dollar coins in US Mint rolls from a bank. The rolls included a variety of presidential, 2014P and D, 2015P and D (relatively low mintage), and 2016P and D (relatively low mintage). I managed to locally sell a few $25 rolls for $30 each, but no bites on ebay when priced for a similar net ($5) profit. I am also wondering whether or not I should simply deposit the remaining $1K+ dollars worth of these US Mint rolls. I don't need the money, so maybe I'll hold onto them for awhile longer... Man2004, best of luck with your decision! Report this Post to the Staff
jbuck Moderator United States 188770 Posts	Posted 11/02/2017 5:49 pm Quote: I don't need the money, so maybe I'll hold onto them for awhile longer... I do not think it would hurt to hold on for a bit. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 11 / Views: 5,558

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Coin Roll Hunting

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.4 seconds to rattle this change.