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 Replies: 11 / Views: 1,648 |
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New Member
United States
5 Posts |
Where to start...as the subject suggests, I am at a point, where I need to do something with the 274 rolls of uncirculated Presidential dollars and hope you all can offer some suggestions. I started collecting these coins in 2007 and ALL were acquired at the $25 Face Value. I have seven (7) Presidential dollar Frames/Books (Requires 40 coins P or D)and one (1) Collector Album (Requires 80 coins 40-P & 40-D). As they stopped circulating a few years ago, I am "Solid" through the 20th President, so, that would be a whopping $160.00....what to do with the balance? I will definitely search for known errors, but is it worth eBaying them? After all of the fees, is it worth our time? I will add a pic, once I figure out how....I'm new and using a laptop that doesn't belong to me.... |
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Pillar of the Community
United States
4211 Posts |
 Dave~!! With the thousands and thousands of bags sitting in vaults of these, I don't see a market for them in the future so maybe hold on to them until you need the cash for something. I do not see a profit with ebay fees and the cost of shipping. Or cash them in for face value and purchase some other type coin you like.  |
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New Member
 United States
5 Posts |
Debrajc, thanks for the welcome/response! I will definitely take your advice and look to purchase something else....the Albuquerque Coin Show is right around the corner!
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Bedrock of the Community
 United States
12815 Posts |
to CCF! I must agree with Debrajc. You're not likely to turn much of a profit on these guys with ebay and PayPal fees. Keep the ones you want for your frames/albums and dump the rest. When you get enough posts here on CCF you could try to sell them here. That said, I'm not an expert on Presidential dollar errors. Some of them are missing the edge lettering and are worth more but that's about all I know. Good luck! |
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Pillar of the Community
United States
2200 Posts |
What would I do? My head says invest it so you can buy even better coins down the road. My heart says buy some really coins that you really want.
Edited by jpsned
03/25/2018 08:01 am
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Pillar of the Community
Canada
5239 Posts |
A few years ago I got a lot of rolls of the dollars from a dealer here in Canada.
When I brought them down for a visit, I found out that nobody was willing to give more than face value.
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Pillar of the Community
United States
4211 Posts |
Quote:
the Albuquerque Coin Show is right around the corner! That's awesome Dave~!! I would love to see what you pick up there! Keep us posted.  |
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Rest in Peace
United States
18456 Posts |
Yeah that's somewhere on the line of guys holding 95% copper Lincolns . Cash them in and buy some nice coins .  |
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Pillar of the Community
United States
4233 Posts |
I know this is a collector forum, but you could put the $6850 in a 5 year CD currently at 2.65% and have $181 a year to spend on coins while still having the $6850.
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New Member
United States
5 Posts |
Thank you all for your responses....it's as id you are all reading my mind, except kbbpll, I hadn't though about a CD, but I will definitely look into it! I appreciate the investment tip, as I am not well versed in that arena and my brother (flesh & blood) told me it was too "personal" to give me advice, so, again, THANK YOU! It is greatly appreciated!
jpsned, is right on the money! It's always a struggle, between our head and our heart (occasionally the stomach will interject...)!
T-BOP, I have to admit, I have an emptied bottle of PATRON Tequila, filled with 95% copper pennies, with a second one going into service shortly.....I've often asked myself, "WHY?!?!?!?!?"
Well, I am still formulating, exactly what I will do, but I am sure it will be a mixture of all your, respective, advice!
Less than 24 hours in, I am glad I joined this forum!!
David T
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New Member
United States
5 Posts |
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New Member
United States
5 Posts |
My 95% Copper Pennies and my idea for Fidget Spinners for Coin Collector's!! Glass Beaker on Glass Desktop = Hours of FUN and Distraction!! I chose layers of SHINY new Pennies and Dimes!  |
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Replies: 11 / Views: 1,648 |
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Posted 03/25/2018 12:42 am
